Page 14 - Automakers

Toyota Kirloskar eyes wholesales to grow over 60% YoY in 2021

The product refreshments in both these models have helped retain huge customer interests and orders

Most consumers have strong intent to buy vehicle in next 12 months: Survey

The strong intent to purchase a vehicle reflected a healthy recovery in overall spending habits, it added

Hyundai Motor appoints Unsoo Kim as managing director in India

South Korean auto major Hyundai Motor Company on Friday announced a top level change in its Indian operations with Unsoo Kim slated to take over as Managing Director from January 1, 2022.

Second generation Honda Amaze crosses 200,000 cumulative retail sales mark

The company had introduced the second generation of the compact sedan in May 2018

EV market to see investment of Rs 94,000 cr in next 5 years: Report

The report 'Electric Mobility in Full Gear' mentioned that the electric vehicle (EV) industry in India is currently at a nascent stage but it is likely to grow

CarTrade to deploy up to $100 mn to acquire, invest in automotive firms

CarTrade Tech said it is actively looking for companies in all aspects of the automobile ecosystem

Kia plans to announce EV strategy for Indian market next year

The company, which unveiled its all new model -- Carens -- for the Indian market, is considering all aspects related to the electric vehicle (EV) segment before coming out with a final blueprint

Kia unveils all-new 'Carens', launch in first quarter of next year

South Korean automaker Kia on Thursday unveiled its all-new model 'Carens' for the Indian market.

BMW electric all-wheel drive iX sold out on first day of launch in India

Deliveries will start by the beginning of April 2022

Tesla now has 7 EV variants approved in India, says report

Earlier this year, Musk noted that a Tesla factory in India might be possible if Tesla were to succeed with imported vehicles

Hero Electric reports retail sales of over 7,000 units in November

The company said it had sold 1,169 units in the corresponding period last year

Mercedes-Benz India to hike prices of some models by up to 2% from Jan

The company, however, said it is committed to price protection to customers who have booked their cars and are waiting for more than four months for select models

Honda Motor sets up battery sharing service subsidiary in India

The company's battery sharing service subscribers can avail services from the nearest battery swapping station to exchange discharged battery for the fully charged ones

Royal Enfield reports 19% decline in wholesales during November

Domestic sales fell, while exports rose

Maruti Suzuki hikes prices of Eeco van by Rs 8,000 for adding airbags

The increase in price is effective from November 30, 2021

Volvo Cars sees chip shortage extending into 2022, Q3 profit dips

The carmaker said supply chains were still constrained but while production remained lower than demand, it had "improved month by month" since September

Court finds Mazda Australia misled customers on refunds for faulty vehicles

The Australian Competition and Consumer Commission started court proceedings against Mazda in October 2019 in a case involving seven different Mazda vehicles and 10 customers.

Carmakers rethink production strategies to deal with global chip shortage

The shortage, due to supply problems and a surge in demand for consumer electricals during the pandemic, has hit the auto industry hard

30K pre-orders in 14 days: Corbett creates a boom in tier 2, 3 markets

Ties up with TVS Group's Ki Mobility Solutions for after-market service

Tesla asks FSD testers to allow video collection in case of crash

According to the auto-tech website Electrek, it is the first time that the electric vehicle company will attach footage to specific individuals