Page 47 - Automobile Industry

Maruti Suzuki's car transportation through rail doubles in five years

Automaker's rail share of logistics rises to 17 per cent

Maruti Suzuki hikes vehicle prices by 1.1% across models, 2nd rise in FY23

In December last year, the company had said it would hike prices of its vehicles to offset the impact of rising input costs

Centre earmarks Rs 2,000 crore to encourage states to scrap old vehicles

The Union government will give an additional Rs 2,000 crore to states under the Special Assistance for Capital Investment scheme to incentivise them to scrap old vehicles and also provide tax concessions to individuals for it. The government in 2022-23 Budget had introduced the 'Special Assistance to States for Capital Investment' scheme with an outlay of Rs 1.05 lakh crore. Under the scheme, financial assistance is being provided to state governments in the form of 50-year interest free loan for capital projects. Now, the Centre has earmarked an additional Rs 2,000 crore under the scheme to encourage states to scrap condemned government vehicles or those vehicles which are older than 15 years, besides providing tax concessions to individuals for scrapping old vehicles. In a letter to states last month, the finance ministry said that a new sector road transport has been identified for providing incentive tied to prescribed reforms by states under the scheme. Incentive for scrapping

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

Toyota motors pushes zero-emission goals by converting old models

To accelerate the global move toward sustainable vehicles, Toyota is suggesting simply replacing the inner workings of vehicles already on the roads with cleaner technology like fuel cells and electric motors. "I don't want to leave any car lover behind," Chief Executive Akio Toyoda said Friday, appearing on the stage at the Tokyo Auto Salon, an industry event similar to the world's auto shows. The message was clear: Toyota Motor Corp wants the world to know it hasn't fallen behind in electric vehicles, as some detractors have implied. Japan's top automaker, behind the Lexus luxury brands and the Prius hybrid, is highlighting its clout: It has all the technology, engineering, financial reserves and industry experience needed to remain a powerful competitor in green vehicles. Toyoda told reporters it would take a long time for all the cars to become zero emission, as they only make up a fraction of the vehicles being sold. Changing old cars to go green, or "conversion," was a better

Auto sector must enhance safety features to reduce road accidents: Gadkari

He said that many people in the age group of 18-34 young people are losing their lives due to road accidents

Sun Mobility aims to serve 100k vehicles through battery swapping platform

Sun Mobility, an energy infrastructure and services provider for electric mobility, on Thursday said it aims to serve 10 lakh vehicles through its platform by 2025. The company unveiled its SwapX compact battery swapping station at the Auto Expo 2023 here, with an aim to enable individuals to become franchisees as it looks to accelerate expansion of network. Besides, Sun Mobility also showcased its next generation battery pack S2.1, which has a higher power battery offering 45 per cent more range and interoperability. "Our aim is to have one million vehicles on our platform," SUN Mobility co-founder and chairman Chetan Maini said. The company, which offers battery swapping service to two- and three-wheelers and small four-wheelers, has already deployed over 240 stations in more than 18 cities in India. The SwapX and S2.1 smart batteries have been developed indigenously and in-house by SUN Mobility, Maini said. "It helps us improve network density with S2.1 addressing range anxiet

Hyundai India to invest Rs 4,000 cr for developing 6 EVs by 2028: CEO

Company plans six electric vehicles by 2028, says Unsoo Kim at Auto Expo

No new launches in 2023; Kia India to consolidate gains: VP Hardeep Singh

The South Korean carmaker has launched five new cars in the last three years

Meta partners with FADA to upskill auto dealers to build social presence

The program will incorporate knowledge from global teams and provide dealers with easy and low-cost access to best-in-class global digital expertise

Over 59 products unveiled, launched on first day of Auto Expo 2023

On the first day of Auto Expo 2023 on Wednesday, the vehicle exhibitors, both global and domestic, in total launched and unveiled over 59 products at the India Expo Mart here

Atul Auto forays into EV space, launches two electric three-wheelers

Three-wheeler maker Atul Auto on Wednesday announced its foray into the electric vehicle space by launching two models at the Auto Expo 2023. Atul Greentech Private Ltd (AGPL), a subsidiary of Atul Auto, launched Mobili, a passenger vehicle, and cargo variant Energie. Both Mobili and Energie are built with industry-leading technology, telematics and Battery Management Systems (BMS), said a statement. The company has not disclosed the price of the two variants. Atul Auto Director Vijay Kedia said: "With our new electric additions, we aim to be technology leaders and provide intelligent, data-driven last-mile connectivity. Our advanced processes and infrastructure is the backbone of our business and empowers us to create and deliver world-class products." The new cargo and passenger variants of electric three-wheelers will be launched across the country, starting from Punjab, Gujarat and NCR. "The two variants will be made available in a phased manner across the country in Atul Aut

Suzuki Motor turns to Toyota for lessons on small EVs, other technologies

Japan's Suzuki Motor Corp plans to learn from partner Toyota Motor Corp how to use EV technology to build small electric cars, its president Toshihiro Suzuki told reporters

Greaves Cotton unveils new 2-wheeler, 3-wheeler EVs at Auto Expo 2023

Engineering company Greaves Cotton on Wednesday unveiled its range of electric two-wheeler and three-wheeler electric vehicles at the ongoing Auto Expo 2023. The company at the event unveiled three two-wheelers under Ampere brand series -- Ampere Primus, Ampere NXG and a multi-utility scooter Ampere NXU which can be also used for deliveries. In the commercial three-wheeler segment, the company unveiled an electric passenger vehicle Greaves ELP, cargo EV Greaves ELC and a futuristic cargo concept Greaves Aero Vision. Greaves Electric Mobility Private Ltd, CEO and Executive Director, Sanjay Behl said Ampere Primus will be available during the ongoing quarter, while rest of the vehicles will be made available during the course of next financial year. "Ampere Primus is now open for bookings across India. Rest of the vehicles will be launched in the next financial year," Behl said. Greaves Cotton Executive Vice Chairman Nagesh Basavanhalli at the event shared the company's commitment t

Auto Expo to focus on EVs as manufacturers push for greener, cleaner future

SIAM, which organises the event, said the Auto Expo will explore the automobile industry's vision of futuristic green tech

Auto Expo returns after 3 years; some prominent firms to skip event

India's flagship motor show Auto Expo returns this week after three years having been hit by the pandemic, albeit some of the major manufacturers staying away from the event. The likes of Maruti Suzuki, Hyundai, Tata Motors, Kia India, Toyota Kirloskar and MG Motor India will lead the traditional automakers at the show at Greater Noida that will witness five global launches and 75 product launches and unveils. Yet, others such as Mahindra & Mahindra, Skoda, Volkswagen and Nissan along with luxury car makers like Mercedes-Benz, BMW and Audi will be conspicuous by their absence in the biennial show that was originally scheduled to be held in 2022 but was postponed to this year due to Covid-19. Also, the visibility of main two-wheeler makers such as Hero MotoCorp, Bajaj Auto and TVS Motor Co will be restricted to their displays of flex fuel prototype vehicles at the Ethanol pavilion. Nevertheless, this edition of the Auto Expo, which kicks off with press days on January 11-12 ...

Maruti Suzuki launches two CNG powertrain options of SUV Grand Vitara

Maruti Suzuki India on Friday said it has launched two CNG powertrain options of its mid-sized SUV Grand Vitara, priced at Rs 12.85 lakh and Rs 14.84 lakh (ex-showroom Delhi). The country's largest carmaker said the CNG trims come with a five-speed manual gearbox with a fuel efficiency of 26.6 km/kg. The 1.5 litre gasoline-powered variants of the car are priced from Rs 10.45 lakh to Rs 19.49 lakh. "The introduction of the S-CNG option further expands the appeal of the Grand Vitara. The Grand Vitara S-CNG will contribute to our aggressive plan to widen our green-powertrain offerings, expanding to 14 models," Maruti Suzuki India Senior Executive Officer Marketing & Sales Shashank Srivastava said in a statement. The Grand Vitara S-CNG can also be owned through Maruti Suzuki Subscribe at an all-inclusive monthly subscription fee starting from Rs 30,723, the company stated.

Carmakers may end up paying penalties for missing emissions targets: Report

CAFE scores are designed to encourage carmakers to focus on technologies that reduce CO2 emissions

TVS Motor sales decline 3.6% in December as motorcycles hit rough patch

Motorcycle sales dipped by 6.7% to 124,705 units in Dec 2022; iQube electric sales provide silver lining, rise 10-fold YoY

EV industry ends 2022 with one million unit sales; worries loom ahead

Despite consumer interest EVs, reluctance on the part of the auto industry to invest more in them, lack of long-term policy and the rising number of Covid cases put the sector at risk