Page 11 - Automakers

Maruti Suzuki April sales slip 6% to 150,661 units; exports climb 7%

The country's largest carmaker Maruti Suzuki India (MSI) on Sunday reported a 6 per cent decline in total wholesales to 1,50,661 units in April.

MG Motor India retail sales decline 22% to 2,008 units in April

MG Motor India on Sunday said its retail sales declined 22 per cent to 2,008 units last month compared to 2,565 in April 2021.

Toyota Kirloskar Motor sales rise by 57% to 15,085 units in April

Toyota Kirloskar Motor on Sunday said its dispatches to dealers rose by 57 per cent in April to 15,085 units from 9,600 in the same month last year.

Toyota to increase Urban Cruiser, Glanza prices on high input costs

At present, the Urban Cruiser is priced between Rs 8.88-11.58 lakh while the Glanza is tagged at Rs 6.39-9.96 lakh (ex-showroom Delhi), depending on the variants.

Global chip shortage: Hero Electric reports zero dispatches in April

The automotive industry is still struggling with international chip shortage leading to loss of production

Porsche sales in India rise 22% to 188 units in January-March quarter

The brand's SUV range comprising Cayenne and Macan continue their success in India and remain the most sold models in the range, the company said in a statement.

Luxury carmakers see accelerated demand for premium-end models in India

Luxury carmakers -- Mercedes-Benz, Audi and BMW, are witnessing accelerated demand for their models at the premium-end in India, leading to longer waiting periods amid supply constraints

Early EV adoption, lowering prices and enhancing safety on govt's agenda

NITI rolls out draft battery-swapping policy

Tata Motors Group global wholesales at 3,34,884 units in Mar qtr of FY22

The Tata Motors Group on Tuesday reported a 2 per cent year-on-year growth in global wholesales, including Jaguar land Rover (JLR), at 3,34,884 units in the March quarter of FY22.

EVs present an opportunity of almost Rs 3 trn for stakeholders: CRISIL

The opportunity includes potential revenue of Rs 1.5 trn across vehicle segments for vehicle makers, component manufacturers and Rs 90,000 crore in form of disbursements for vehicle financiers.

Electric vehicle retail sales zoom over three-fold in fiscal year 2022

Home-grown auto major Tata Motors led the segment

BMW eyes 'mega year' in India post Q1 show; to launch 24 products

In the January-March period, the BMW group had posted one of its best quarters in India with a 25.3 per cent jump in four-wheeler sales at 2,815 units.

Bajaj Auto reports 20% decline in total vehicle sales in March

Total two-wheelers sales dropped 22 per cent

Top headlines: Income in US on I-T radar, Sri Lanka cabinet resigns

Union Minister Piyush Goyal says people are looking at India as an emerging global superpower. More on this in our top stories.

Maruti Suzuki aims to sell 600,000 CNG units in current fiscal year

The company sold about 230,000 CNG units in 2021-22

Skoda Slavia looks to Czech mate sedan segment

Skoda Slavia rear seating offers ample legroom and is comfy with functional compartments and fittings, making this a strong and more price-efficient corporate executive sedan versus Skoda Superb.

Maruti Suzuki's exports hit record high of 238,376 units in FY22

The top five export models during the year included Baleno, Dzire, Swift, S-Presso and Brezza.

Auto component industry likely to clock 8-10% growth in FY23: Report

The Indian auto component industry is expected to clock 8-10 per cent growth in FY23, supported by the easing of supply-chain issues and commodity inflation in the second half of the year, according to rating agency Icra. For 2021-22, the revenue growth of the industry is pegged at 13-15 per cent, driven by domestic OEM, replacement, export volumes and pass-through of commodity prices. The healthy volume growth will, however, come on a low base of FY2021, the agency said in a statement. "Demand for auto components stems from domestic OEMs, replacement and exports. Domestic OEM demand has remained a mixed bag across segments in FY2022, with a slowdown in two-wheelers (2Ws) and semiconductor shortage dragging down overall production volumes," Icra Ltd Assistant Vice President & Sector Head Corporate Ratings - Vinutaa S said. Exports have remained a bright spot in the Indian auto component story, partly aided by the "China+1 strategy". This is despite supply chain issues, she ...

Volvo planning to turn its cars into iPhone on wheels, says CEO Rowan

All the stuff that you can do in your smartphone will be almost inherently native within the vehicle, Rowan said

Lexus launches buyback programme with ES300h premium sedan

The automaker has also initiated a loyalty programme for its customers under the 'Lexus Life' umbrella.