Page 19 - Automakers

Focus on rollout of flex-fuel vehicles in a year: Gadkari to automakers

Gadkari also appealed to vehicle manufacturers to compulsorily provide a minimum of six airbags across all variants and segments of a vehicle.

Chip shortage hits global manufacturing; electronics firms affected

A global semiconductor chip shortage has caused a major delay in manufacturing activity, with electronic device makers struggling to keep up with a pandemic-led surge in demand for phones, TVs

Tata Motors launches Tata Ace trim with price starting at Rs 3.99 lakh

Tata Motors on Thursday said it has launched a new variant of its small commercial vehicle (SCV), the Ace Gold Petrol CX, with price starting at Rs 3.99 lakh (ex-showroom). Available in two variants, the flat bed variant is priced at Rs 3.99 lakh, while the half deck load body variant is tagged at Rs 4.10 lakh. Tata Motors said it has partnered with the State Bank of India to provide finance options to its customers to buy the model. "The Tata Ace continues to be a strong, reliable and multipurpose vehicle having provided means of livelihood to over 23 lakh Indians to date. Resonating the Government's Aatmanirbhar Bharat vision, Tata Motors aims to inspire an entrepreneurial mindset through the launch of this vehicle," Tata Motors Vice President (Product Line SCV and PU) Vinay Pathak said. The Tata Motors' Ace platform has exponentially evolved over the last 16 years, focusing on bringing safer, smarter and valuable offerings to its customers in last-mile transportation, he ...

Skoda to expand presence to100 cities in India by next month

Some of the new cities where the brand is making a foray include Sangli, Bhilwara, Faridabad, Panchkula, Navsari, Vapi and Hardoi, among others.

Auto component industry revenues to grow by 20-23% in FY22: Icra

Indian auto component industry is expected to post 20-23 per cent revenue growth in the current fiscal aided by strong exports and recovery in the domestic market, as per rating agency Icra.

Maharashtra's new EV policy sets 10% share in total registrations by 2025

The new policy, which has updated the one announced in 2018, was released by Additional Chief Secretary (Transport) Ashish Singh and state environment minister Aaditya Thackeray and others here.

Debt-ridden SsangYong Motor to sell plant site in rehabilitation efforts

The company has been under court receivership since April, as its Indian parent, Mahindra & Mahindra, failed to secure a buyer for its 75 percent stake in the automaker.

Chip shortage pushes China automobile sales down 12.4% in June

A global shortage of semiconductors hit autos production in the world's biggest car market.

BMW pays 373 million euro fine to settle European Union emissions probe

The carmaker said it had paid a 373 million euro ($441 million) fine over collusion on setting standards for the Adblue additive used in diesel cars

Tata Motors global wholesales at 2,14,250 units in first quarter

Tata Motors on Thursday said its global wholesales, including that of Jaguar Land Rover, rose to 2,14,250 units in the first quarter of the current fiscal.

Vehicle retail sales rise in June, says auto industry body FADA

The vehicle retail sales rose to 12,17,151 units last month from 9,92,610 units sold during June 2020.

Bajaj Auto reduces price of Dominar 250 by Rs 16,800 to Rs 154,176

Bajaj Auto on Tuesday said it has reduced price of Dominar 250 bike by Rs 16,800 to Rs 1,54,176 (ex-showroom Delhi). The newly announced price on Dominar 250 is expected to grow the franchise further by encouraging customers to take their first step into the world of touring, the Pune-based company said in a statement. The Dominar 250 comes with a 248.8 cc petrol engine. "We, at Bajaj Auto, believe that touring on a bike opens the doors to a world of 'real' experiences that widens your perspective and shapes one's character. We realise that biking for youngsters can be so much more than just street fun if the bike comes with the right dose of performance, sharp design and a superior riding experience," Bajaj Auto President (Motorcycle Business) Sarang Kanade noted. In times of price hikes across the industry, the company has taken a stance of reducing price on Dominar 250 and make sports touring more accessible, he added. Bajaj had launched Dominar 250 in March 2020 with the missi

TVS Motor expects swift recovery from disruptions due to Covid

The firm believes it is now better prepared to tackle supply-chain issues

Ashok Leyland expects plants to be operational for 6-25 days in July

The Chennai-based company noted that the overall market demand in July is better than in June this year.

Honda plans to hike vehicle prices from August as input costs go up sharply

The company is currently working out the details of the price hike which would be implemented from August

Ather Energy in expansion mode, targets to increase production

The firm is bullish over long-term growth prospects of green mobility solutions in the country

Automakers witness sales recovery in June as pandemic eases across states

The country's largest carmaker Maruti Suzuki India (MSI) posted total sales of 1,47,368 units in June, up from 46,555 units in May.

TVS Motor reports 51% jump in June sales to over 250,000 units

Total exports last month stood at 1,06,246 units as compared to 1,14,674 units in May.

Mahindra & Mahindra Ltd reports total tractor sales of 48,222 units in June

Mahindra & Mahindra Ltd on Thursday reported total tractor sales of 48,222 units in June, recovering from the disruptions induced by the second wave of the coronavirus pandemic. The company had sold a total of 36,544 tractors in June 2020, when sales were impacted by the nationwide lockdown imposed to curb the spread of the coronavirus pandemic although easing of restrictions had started by then. It had sold 24,184 units in May 2021, during the peak of the second wave of the pandemic. Domestic sales last month were at 46,875 units. It was at 35,844 units in June 2020, M&M said in a statement. Exports in June stood at 1,347 units. The company had exported 700 units in the same month last year. Commenting on the performance, Mahindra & Mahindra Ltd. President - Farm Equipment Sector Hemant Sikka said, "the sharp fall in COVID-19 cases and resultant easing of related restrictions, arrival of timely monsoon, increase in MSP rates for key kharif crops and continued strong ...

Ashok Leyland total dispatches in June increase to 6,448 units

Hinduja Group flagship firm Ashok Leyland on Thursday posted two-fold increase in total sales at 6,448 units as compared with 3,199 units in May this year. Total domestic vehicle dispatches to dealerships stood at 5,851 units last month as against 2,738 units in May, Ashok Leyland said in a regulatory filing. Medium and heavy commercial vehicles (M&HCV) sales in the domestic market stood at 2,364 units in June as against 1,513 units last month, it added. Light commercial vehicle sales in the domestic market last month stood at 3,487 units as compared with 1,225 units in May.