Page 9 - Automakers

With 75 new models on display, Auto Expo to attract 1,00,000 visitors today

People are curious to see the vehicles of future and also want to know which vehicles they will be able to use in the coming future, which have state-of-the-art facilities

Puri asks automakers to start introducing green vehicles in market

Puri said India is a place where it's not just economies of scale but where "when we do something hundreds and thousands of people will follow"

Auto Expo 2023 | Lexus LF-30 with 110-kWh battery pack unveiled

#AutoExpo2023 #Electriccars #autoexpo At the Auto Expo 2023, Lexus India showcased the LF-30 Concept car.

India's Mahindra named fastest-growing brand in South Africa for 2022

The Indian auto manufacturer Mahindra has been named the fastest-growing brand in South Africa for the year 2022 as the company's local subsidiary set several records in the last year, according to a report by the National Association of Automobile Manufacturers of South Africa (NAAMSA). The report said that 'Mahindra SA' increased its sales volume by a massive 78 per cent compared to 2021, the highest of all the vehicle brands that report their sales to NAAMSA and more than five times the market average. The sales report further shows that Mahindra grew its total sales in the passenger vehicle market by 80 per cent to 4 027 vehicles in 2022 and its light commercial sales (that of its popular Pik Up and Bolero ranges) by 77 per cent to 8,885 vehicles. The company hit an average monthly sales figure in excess of 1,000 units per month, breaking through the magical 10,000 unit per annum mark for the first time and reaching close to 14,000 total sales for the year, it said. This is al

Electric ambitions

Meaningful transition to EVs will be challenging

Jaguar Land Rover sees December quarter free cash flow above $485 million

The British automaker, in its earnings statement for the second quarter, had forecast a positive cash flow for the second half of fiscal year 2023 and "near breakeven" for the full year

Bosch, Uno Minda: Analysts bet on airbag makers on govt push for car safety

Implementation of airbags in other vehicle segments over the medium term will offer further revenue upside for airbag manufacturers, as per rating agency ICRA

Govt probing 12 automakers for alleged misappropriation of FAME subsidies

The government is probing 12 automakers including Hero Electric Vehicles and Okinawa Autotech for alleged misappropriation of subsidies under the Rs 10,000 crore FAME scheme, Union Heavy Industries Minister Mahendra Nath Pandey informed Parliament on Tuesday. The complaints received the government mainly relate to violation of Phased Manufacturing Programme (PMP) guidelines under FAME India Scheme Phase-II, he added. The other Original Equipment Manufacturers (OEMs) against whom complaints have been received include Benling India Energy and Technology; Okaya EV; Jitendra New EV Tech; Greaves Electric Mobility (formerly Ampere Vehicles Private Limited); Revolt Intellicorp; Kinetic Green Energy & Power Solutions; Avon Cycles; Lohia Auto Industries; Thukral Electric Bikes; and Victory Electric Vehicles International. "All the complaint cases have been referred to the testing agencies for re-verification. After examination of reports in respect of two OEMs, the models of these two ...

Tesla opens electric vehicle connector design to other automakers

It is half the size, twice as powerful, and has no moving parts compared to Combined Charging System (CCS) connectors

Covid curbs increased in China factory hub Guangzhou as outbreak balloons

In-person classes in eight of the city of some 19 million people's 11 districts will be halted from Thursday, officials said late Wednesday

Automakers to double spending on EVs, batteries to $1.2 trillion by 2030

The world's top automakers are planning to spend nearly $1.2 trillion through 2030 to develop and produce millions of EVs, along with the batteries and raw materials to support that production

Renault SA open to reducing stake in Nissan Motor in carve-out talks

Executives have discussed Renault's carve-out plan and reshaping the pair's two decade-old alliance since February during meetings in France and Japan.

Not just car, get a good deal on auto loan as well, advise experts

Besides discount, look for free warranty, insurance and accessories to lower purchase cost

Centre aiming to replace petrol, diesel-powered fleet with EVs soon: Report

CESL, the agency that handles the acquisition of EVs for the centre and the state governments, said that it has received an order of 3,500 EVs

Automakers decrease production of CNG vehicles as natural gas prices rise

CNG automakers have reduced their production targets to 500,000-550,000 vehicles for FY23. At the beginning of the current financial year, this target was 700,000-750,000

Relief for automakers as govt defers six airbags rule to Oct 2023

Nitin Gadkari cites 'global supply chain constraints' as reason for the shift in decision

Why are electric vehicles still so expensive? Blame the manufacturers

EVs are built with fewer parts than regular cars, and they're often sourced from other companies

Top Headlines: Petro products export share rises; RBI rate hike, and more

With the price index surprising on the upside in August, many analysts have pencilled in a higher inflation print in September as well and accordingly expect the RBI to frontload policy rate hikes

Goyal warns automakers against forcing component makers to import

Goyal's remarks disconcerted automakers and their suppliers.

Gadkari urges automakers to adopt global safety norms for cars in India

Road Transport Minister Nitin Gadkari on Wednesday said majority of automobile manufacturers in India are already exporting cars with six airbags, and there is a need to adopt similar safety norms for cars in the country, stressing that they should also think about safety of people using small economy cars. Addressing the annual session of Automotive Component Manufacturers Association of India (ACMA), Gadkari pointed out that every year, some 5 lakh road accidents kill 1.5 lakh people and injure over 3 lakh. "Majority of automobile manufacturers in India are exporting cars with 6 airbags. But in India, because of the economic model and cost, they are hesitating," he said. Gadkari wondered why automobile manufacturers are not thinking about the lives of people using economy cars in India. Mostly, lower middle-class people buy small economy cars. An airbag is a vehicle occupant-restraint system which interferes between the driver and the vehicle's dashboard during a collision, ...