Page 16 - Automakers

Dhanteras glitter dims for consumer appliances firms, automakers

Inflation, second Covid-19 wave, semiconductor shortage major reasons behind tepid sales

Audi expects robust business growth in India over next few years

Globally, Audi has decided to sell internal combustion engine cars only till 2033. It is going to be fully electric cars after that

Hero MotoCorp registers decline in sales by 32% in October

In the domestic market, the company's wholesales dropped to 5,27,779 units last month from 7,91,137 units in October 2020

Kia India registers 22% decline in wholesales in October

The company dispatched 10,488 units of Seltos, 5,443 units of Sonet, and 400 units of Carnival last month to dealers

Mahindra & Mahindra reports 5% decline in wholesales in October

Mahindra & Mahindra Ltd on Monday reported a 5 per cent year-on-year decline in total wholesales at 41,908 units in October. The company had dispatched a total of 44,359 units in October 2020. Last month, the company's passenger vehicle sales in the domestic market stood at 20,130 units, up 8 per cent from 18,622 units in the year-ago period. Domestic commercial vehicle sales fell to 18,604 units last month from 23,716 units in October 2020. Exports rose to 3,174 units last month, up 57 per cent from 2,021 units in October 2020. Demand for vehicles across our product portfolio remains robust. We have received an unprecedented response for XUV700 and as per our commitment, we have commenced deliveries of the petrol variant to customers," Mahindra & Mahindra CEO Automotive Division Veejay Nakra said in a statement. The supply chain issues around semiconductor related parts continues to be dynamic as the company focuses on managing the situation in the short term, he added.

TVS Motor registers 10% decline in sales at 3,55,033 units in Oct

Domestic two-wheeler sales were also lower at 2,58,777 units last month as compared to 3,01,380 units in October 2020

Tata Motors total sales increase 30% to 67,829 units in October

The company's total dispatches in October 2020 stood at 52,132 units

Ashok Leyland posts 11% growth in vehicles sales at 11,079 units in October

The company had sold a total of 9,989 units in the same month last year

Nissan reports over three-fold increase in domestic wholesales in Oct

The company said its exports last month stood at 3,004 units, compared with 75 units in October 2020

Maruti Suzuki sales decline 24% to 138,335 units in October

Domestic sales slipped 32 per cent

Maruti sees impact to production next month due to semiconductor shortage

Semiconductors are silicon chips that cater to control and memory functions in products ranging from automobiles, computers and cellphones to various other electronic items

Tata Motors developing range of small electric commercial vehicles

The auto major on Thursday unveiled 21 new commercial vehicles, including trucks, buses and small commercial vehicles

Tata Motors unveils 21 commercial vehicles for cargo, passenger verticals

Tata Motors on Thursday unveiled 21 new commercial vehicles, including trucks and buses, to cater to evolving needs of cargo and people transport across segments. The company has unveiled seven products in the medium and heavy commercial vehicles (M&HCV) segment and five products in the intermediate and light commercial segment (4-18 tonne GVW) with CNG powertrains. Besides, the auto major has unveiled four new LCVs (Light Commercial Vehicles) to improve last-mile delivery efficiency and reduce operational cost. It includes Ace with a petrol engine and Winger Cargo for the growing needs of e-commerce distribution. Tata motors also unveiled five passenger commercial vehicles including buses for intra-city transportation requirements. "The engines of infrastructure development, consumer consumption and e-commerce powering the Indian economy require continued transportation support to run seamlessly. "Being the leader in the commercial vehicles, we continue to deliver superior value

Bajaj Auto second quarter after-tax profit rises 71% to Rs 2,040 crore

Exports of two-wheelers stood at 5,41,767 units as compared to 4,14,271 units in the second quarter last fiscal, a growth of 31 per cent

Maruti Suzuki to launch electric vehicles only after 2025: Bhargava

With fuel prices going up, car market leader Maruti Suzuki India is intensifying its focus on more CNG offerings of its models

Maruti Suzuki profit slides as chip shortage slams production

An estimated 116,000 vehicles could not be produced due to the electronics component shortage

Toyota Kirloskar drives in Innova Crysta Limited Edition at Rs 17.18 lakh

Toyota Kirloskar Motor (TKM) on Tuesday said it has launched Innova Crysta Limited Edition, priced between Rs 17.18 lakh and Rs 20.35 lakh (ex-showroom). The petrol trims are priced between Rs 17.18 lakh and Rs 18.59 lakh while the diesel variants are tagged between Rs 18.99 lakh and Rs 20.35 lakh. The limited edition comes with various features like multi terrain monitor, head up display, tyre pressure monitoring system, wireless charger, door edge lighting and air ionizer. "Innova has undisputedly been the leader in the MPV segment since its launch, making it one of our flagship products...It has been our continuous endeavor to constantly upgrade our products in line with the evolving trends, mobility needs and customer preferences," TKM Associate General Manager (AGM), Sales and Strategic Marketing V Wiseline Sigamani said in a statement. The company has sold over 9 lakh Innova units in the country till date.

BMW Motorrad drives in C 400 GT scooter in India tagged at Rs 9.95 lakh

BMW Motorrad, the two-wheeler arm of the luxury German carmaker, on Tuesday said it has launched premium midsize scooter BMW C 400 GT in India priced at Rs 9.95 lakh (ex-showroom). The all-new scooter will be available as a completely built-up unit (CBU) and can be booked at all BMW Motorrad India dealerships from today onwards, the company said in a statement. The launch of the all-new BMW C 400 GT heralds a new era in the urban mobility segment in India. This progressive and agile mid-size scooter is designed to conquer the city and long touring destinations with ease," BMW Group India President Vikram Pawah noted. Whether riding into the city center, traveling to the office, or enjoying a weekend tour the C 400 GT is the perfect partner to enjoy riding to the fullest: not just as alone but with a passenger too, he added. The C 400 GT comes with a water-cooled single-cylinder four-stroke engine with a displacement of 350 cc. It generates a peak output of 34 hp enabling it to ach

Semi-conductor crunch, high input costs to crimp Q2 show for auto sector

Though weak domestic demand is set to crimp earnings of two wheeler-manufacturers, strong exports are expected to offset this to some extent

Maruti Suzuki reports over two-fold dip in production in September

In a regulatory filing, the auto major reported total production of 81,278 units in September as compared with 1,66,086 units in September 2020.