A member of a new generation of Ford family members is taking on another leadership role at the automaker.
Analysts fear that this time, it may take many years of double-digit growth for the industry to recoup the loss in sales volume
Shortage costs balloon more than 90%; sales to suffer
Everybody in the ecosystem is hoarding, or buying excess chips. Some are even buying four times their usual requirements
Over a period of five years, the PLI scheme for the auto sector will lead to fresh investments of over Rs 42,500 crore and incremental production of over Rs 2.3 trillion
The firm announced its plans to set up 30 'compact workshops' pan-India by this year for providing periodic maintenance and servicing requirements to its customers in the domestic market
German luxury carmaker BMW on Monday said it has launched the new variants of its premium SUV X5
Tata Motors on Monday said it has launched the CNG version of its light commercial vehicle Tata 407 priced at Rs12.07 lakh (ex-showroom, Pune). Tapping into the benefits of CNG, the vehicle offers profits of up to 35 per cent over the diesel variant, Tata Motors said in a statement. The vehicle comes with a 10-feet load deck and further strengthens the company's extensive CNG portfolio, ranging from 5-tonne to 16-tonne gross vehicle weight (GVW), in the intermediate and light commercial segment, it added. "With a steep increase in diesel prices, CNG vehicles have the potential to increase the profit potential significantly, and we are confident that the 407 CNG, in addition to the widest CNG range offered by Tata Motors, will bring a lot of value to our customers," Tata Motors Vice President (Product Line I&LCV) Rudrarup Maitra said. Arguably the most legendary commercial vehicle in India, with over 35 years legacy, the vehicle has consistently remained a customer-favourite, ...
This is a version that CEO Elon Musk called "mind-blowing"
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Toyota slashes output in September by 40%: a fallout of a series of disruptions that started when a worker at a supplier's plant in Vietnam tested positive for Covid.
Maruti reported a 19% decline in total sales at 130,699 units in August, as against 162,462 units in the previous month
The usage of semiconductors in the auto industry has gone up globally in recent times
A smaller SUV and a sub-four-metre car are in the works
The company's management has so far stated that it has not taken a decision on a partner.
FADA on Tuesday asked government to put in place a system to protect dealers from sudden exits by multinational manufacturers, saying it hampers entrepreneurship also hurts India's brand value.
"I don't think it is the right time (to implement) the new stage of CAFE (Corporate Average Fuel Efficiency) norms," MSI Chairman R C Bhargava told PTI
The C5 Aircross is a comfy but pricey launch by the French car-maker
Automakers last week urged the government to defer tougher emissions standards
For imported EVs with a value of less than $40,000, the govt is discussing slashing the tax rate to 40% from 60% presently, say officials aware of the development