Page 22 - Automakers

Maruti Suzuki keeping close watch on Covid crisis, no cut to FY22 capex

The firm is watching the impact of oxygen availability to its parts suppliers

China, global economic recovery boost profit at automaker Daimler

German car and truck maker Daimler AG says net profit rebounded strongly to 4.4 billion euros (USD 5.3 billion) in the first three months of the year

Electric carmaker Tesla's bad week in China was months in the making

Sentiment against the U.S. electric car company in its second-biggest market had been building as it struggled to keep pace with rapid growth

Hyundai Motor to phase out Kona EVs in domestic market amid recalls

The firm looks to shift its focus to Ioniq 5 EVs

Bajaj Auto launches Pulsar NS 125 motorcycle priced at Rs 93,690

Bajaj Auto on Tuesday launched its new Pulsar NS 125 motorcycle priced at Rs 93,690 (ex-showroom Delhi).

Dispatched over 720,000 units via Indian railways in last 5 years: Maruti

The increased focus on using railways has helped the company offset over 3,200 MT of CO2 emissions

Chip shortage casts shadow over China's automobile industry recovery

Chip shortage casts shadow over China's auto industry recovery

Nissan to focus on fuel-sipping technology and electric cars in China

The new car is powered by a fuel-sipping three-cylinder, petrol-powered turbo engine.

Jaguar Land Rover expects China premium car sales to grow this year

The comment came from the automaker's chief finance officer for China

Volkswagen, Ford unveil SUVs at China auto show under virus controls

This comes ahead of the opening Monday of the Shanghai auto show

Weak product cycle could lead to further market share loss for Maruti

Higher commodity prices could worsen its margin profile

JLR retail sales up 12% in Q4, continuing recovery from Covid-19 impact

Tata Motors said on Tuesday its British luxury unit Jaguar Land Rover (JLR) achieved retail sales of 123,483 vehicles in Q4 fiscal 2020-21

Chevrolet India says faulty Takata airbags replaced in 12,000 Cruze units

Automaker Chevrolet India on Tuesday said it has replaced faulty Takata airbags in around 12,000 Cruze units in the country

Tata Motors opens ten new PV showrooms in Delhi-NCR within a 24-hour span

Tata Motors on Tuesday said it has opened ten new full-range passenger vehicle showrooms in Delhi NCR in a single day as part of its plan to expand sales network across the country

Auto major Hyundai crosses 1 million sales mark for SUVs made in India

South Korean auto major Hyundai on Monday said it has crossed 10 lakh cumulative sales milestone of SUVs made in India. These SUVs have been sold both in India and export markets, Hyundai Motor India Ltd (HMIL) said in a statement. The launch of mid-sized SUV Creta in 2015 accelerated Hyundai Motor India's growth in the segment with cumulative sales of over 5.9 lakh units in the domestic market and over 2.2 lakh units in the export market, it added. Similarly, the company had introduced compact SUV Venue in 2019 and has already sold over 1.8 lakh units in the domestic market, it added. Commenting on the feat, HMIL Director (Sales, Marketing & Service) Tarun Garg said, "As frontrunners in the introduction of revolutionary technologies, we continue to establish new milestones and redefine benchmarks across segments." With over 10 lakh cumulative SUV sales in domestic and export markets, he added, "We have reiterated the promise of Make-in-India over nearly two and a half decades of

Bajaj Auto reports sale of 3,69,448 units in March amid Covid-19 disruption

Bajaj Auto on Friday said its total sales stood at 3,69,448 units in March.

Covid-19 second wave to hit Gems and Jewellery; auto dealers: Crisil

Six of 42 sectors covered by study are highly sensitive to a pandemic resurgence, while 20 are moderately sensitive

Ashok Leyland M&HCV truck sales grew over 10-fold in March

Analysts say increase in infrastructure spending, improved consumer sentiments, better freight rates are some of the key drivers of the superior show.

Toyota Kirloskar sells 15,001 units in March, highest in the month in 8 yrs

Toyota Kirloskar Motor on Thursday said it sold a total of 15,001 units in March, registering the highest ever domestic sales in the month of March since 2013

Ford to update financial impact of global chip shortage next month

Ford said, while announcing the latest North American production cuts at seven plants due to the global chip shortage, that it would provide an update on April 28 to the expected hit to 2021 profit