Page 60 - Automobile Industry

Mahindra XUV 700 gets 25,000 bookings in 57 minutes, equaling 6-mth output

Fastest for any four-wheeler model, claims M&M; bookings to restart at 10am on Friday

BMW group sales cross 100,000 units sales since entry 14 years ago

Despite challenges from second Covid wave, BMW India has sold 70 per cent more luxury vehicles at over 9,600 units at group level across its three brands during first nine months of year

India to introduce flexible fuel vehicles soon to increase ethanol use

India will introduce flexible fuel vehicles soon as the country is aiming to achieve 20% ethanol-blending with gasoline by 2025, transport minister Nitin Gadkari told the Reuters Impact conference

A hot hatch, Hyundai i20 N Line could challenge Polo GT's dominance

The i20 N Line could challenge Polo GT's dominance in the segment

Nissan reports over three-fold increase in domestic sales in September

Automaker Nissan India on Friday said its domestic wholesales rose over three fold to 2,816 units in September, up from 780 units in the same month of last year

Toyota Kirloskar posts 14% growth in domestic sales at 9,284 units for Sep

Toyota Kirloskar Motor (TKM) on Friday reported 14 per cent growth in its domestic wholesales to 9,284 units in September as compared with same month last year

Rolls-Royce to stop making internal combustion cars by decade's end

Meanwhile, cross-country rival Bentley has announced it will bring forth a fully electric vehicle by 2025

Supply chain snarls could cost automakers $210 billion this year: Report

A shortage of semiconductors is just part of the problem, Alixpartners said in a new forecast

The chip crisis grows worse as wait time stretches to record 21 weeks

Chip lead times, the gap between ordering a semiconductor and taking delivery, increased by 6 days to about 21 weeks in August from the previous month

Hundreds of Ford India workers protest over planned plant closure

The plant employs around 1,200 people

US opens probe into 30 million vehicles over air bag inflators

The 30 million vehicles include both vehicles that had the inflators installed when they were manufactured as well as some inflators that were used in prior recall repairs, NHTSA said in the document

'Illogical' prejudice against diesel vehicles, says Force Motors

Force Motors has pointed out unscientific and "ill-founded prejudices" against diesel-powered commercial vehicles and has sought free movement of such vehicles inside cities

I can promise we haven't lost interest in India: VW's Klaus Zellmer

Zellmer expects to see VW's market share grow to 3 per cent in the next five years

Sales back to normal, deliveries still affected, says Mercedes Benz India

The company has a nearly 40 per cent share in the luxury car market in India

FADA seeks clarity from Ford on compensation structure for dealers

Automobile dealers' body FADA has sought clarity from Ford about the compensation structure it is working out for its dealer partners after announcing the closure of its two manufacturing plants

Ford Motor's India exit opens dealers to legal action from customers

Dealers will likely face "legal complications" given that Indian consumer law makes them liable after a manufacturer exits, Vinkesh Gulati, president of the FADA said

This obscure Taiwanese firm's 1,219% rise shows profit, pain of chip crisis

Nan Ya Printed Circuit Board Corp. makes an essential component for chipmaking that has become the latest bottleneck for automakers and electronics companies suffering from semiconductor shortages

India's lagging automobile stocks face risk of festival season fizzle

Below-normal monsoon rains that have impacted rural demand and the risk of an impending third coronavirus wave are posing a challenge for Indian vehicle makers

Ford employees stage protest, demand Tamil Nadu govt's intervention

A section of employees at the manufacturing facility of Ford India staged a protest against the decision of the US-based company to close factory and sought intervention of the Tamil Nadu government

China is on course to build the best cars in the world for the right price

China pays relatively low wages and has millions of skilled workers steeped in the nation's strong manufacturing culture.