Page 12 - Automakers

Hope to make India a global hub for EVs, cell tech: Ola co-founder

The heavy industries ministry has named Ola Electric and three other companies eligible for receiving benefits under the PLI (Production-Linked Incentive) scheme.

Russia-Ukraine war: High input costs forcing automakers to walk a tightrope

The second of the five-part series looks at automakers' concern over any further price hike that may dent demand in segments like two-wheelers

Toyota plans 17% cut in April global output, to make 80,00,000 units

The news comes about a week after Toyota said it would scale back domestic production by up to 20 per cent during the months of April, May and June

India Ratings revises auto sector outlook to 'neutral' for FY23

Domestic automobile sales volume is expected to grow 5-9 per cent year-on-year in 2022-23, after three consecutive years of decline, and is likely to fall 5-8 per cent in 2021-22: India Ratings

Passenger vehicle retail sales dip 8% in Feb as chip woes continue: FADA

The industry body warned that the Russia-Ukraine conflict could further impact the production of semiconductors.

GM loses bid to skip recall of 727,000 SUVs for lights that are too bright

GM said it's reviewing the decision and deciding what to do next.

Headwinds on demand, cost fronts to keep Bajaj Auto under pressure

Higher exports may offset some of the volume, cost pressure

Tokyo court gives ex-Nissan executive Kelly suspended sentence

The verdict announced Thursday will allow Kelly to return to the US immediately.

Honda suspends exports to Russia, more Japanese automakers could follow

Western companies have spurned Moscow following the invasion, stopping sales in Russia and even saying they would exit investments there

Tata Motors domestic sales rise 27% to 73,875 units in February

The company had dispatched 58,366 units in February 2021.

Skoda Auto posts over five-fold jump in sales to 4,503 units in Feb

The company had sold 853 units in the same month last year.

Kia India ramps up production to full capacity at Anantapur plant

Automaker Kia India on Monday said it has ramped up production to full capacity of 3 lakh units annually with the start of the third shift at its Anantapur plant in Andhra Pradesh. Kia India had commenced mass production from the facility in August 2019. It had recently crossed 5 lakh cumulative dispatches from the Anantapur plant, including 4 lakh domestic sales and 1 lakh exports, the company said in a statement. "We have hired additional manpower and aligned resources to minimise the waiting period on Kia cars and help us cater to the high demand in domestic and international markets," Kia India Managing Director and CEO Tae-Jin Park said in a statement. He further said, "India is a strategic market for Kia globally, and all our products have received an overwhelming response here". The company has exported cars to more than 91 countries in the Middle East, Africa, Central & South America, Mexico and the Asia Pacific since it started shipping Seltos in September 2019, Kia India

Automakers oppose six airbag rule, cite constraints on domestic capacity

Industry is now in discussion with MoRTH to reconsider the rule pointing out that there is no country where such a regulation is mandated

Govt makes 3-point seat belts mandatory for front-facing passengers in car

The government has made it mandatory for automakers to provide three-point seat belts for all front-facing passengers in a car.

French automaker Renault crosses 800,000 cumulative sales mark in India

French automaker Renault on Tuesday said it has crossed the 8-lakh cumulative sales milestone in India, in a decade of its presence in the domestic market. It also said that despite the challenges faced by the industry owing to the pandemic and supply constraints, 2021 proved to be a remarkable year for Renault. India's contribution to the Renault brand's global sales has been significant, with the country among its top five global markets, the company said in a statement. "We are extremely delighted to have crossed the 8 lakh sales milestone in India. This has been a phenomenal journey. Over the last few years, we have established a strong foundation in India. "Together with a strong product strategy, Renault has been continuously undertaking strategic measures across all key business dimensions to offer a seamless brand ownership experience to its customers. All these have scripted Renault's growth story in India, said Venkatram Mamillapalle, Country CEO & Managing Director, ...

Passenger vehicle retail sales drop 10% in Jan due to chip shortage: FADA

Two-wheeler sales last month declined by 13.44 per cent compared to January 2021

Audi weighing local production of electric vehicles in India

With the company deciding to go all-electric globally from 2033, it is a matter of time for local production of its electric cars, which has so far received a robust response in India.

Maruti expects production activity to pick up in Q4 as chip supply improves

The auto major is also looking at ways, including bolstering its SUV portfolio, in order to get back to 50 per cent market share in the domestic passenger vehicle segment in the years ahead.

Apple Car may come with unique sunroof system that can alter transparency

Apple Car is also expected to use LED screens all over the vehicle to inform other drivers what the self-driving system is doing.

Tesla recalls 817,000 vehicles in US over seat belt reminder alert

Tesla said on the recalled vehicles a software error may prevent the chime from activating upon vehicle start under certain circumstances