Page 65 - Automobile Industry

Amid pandemic, Daimler India offers financial support for its dealers

Salary support, group insurance for Covid-19, credit period for vehicles in stock are some of the support packages Daimler India Commercial Vehicles (DICV) offer for its dealers

Tata Motors sales drop 38% to 24,552 units in May from 39,530 units

Tata Motors on Tuesday said its total domestic sales declined by 38 per cent to 24,552 units in May as compared to 39,530 vehicles in April this year

Bajaj Auto posts 114% sales growth year-on-year to 2,71,862 units in May

Bajaj Auto has reported 114 per cent growth in its total vehicle sales at 2,71,862 units in May compared to the same month last year

Maruti Suzuki digitises to click with buyers: How exactly does it work?

India's largest car maker is finding traction in the national roll-out of its digital financial services platform

India's Mahindra sees demand rebound but chip crunch, pandemic hurt

BENGALURU (Reuters) -Indian automaker Mahindra and Mahindra said on Friday it expected a demand rebound as India emerges from lockdowns to curb a severe second wave of the COVID-19 pandemic, but the company would remain under pressure from a global chip shortage.

Eicher Motors' profit after tax jumps 73% to Rs 526 cr in March quarter

Eicher Motors Ltd on Thursday reported a 73 per cent jump in consolidated profit after tax at Rs 526.14 crore for the fourth quarter ended March 31, 2021, riding on better sales

General Motors' newest vehicle: Off-road, self-driving rover for moon

General Motors is teaming up with Lockheed Martin to produce the ultimate off-road, self-driving, electric vehicles for the moon.

EV takeoff should come by around 2025: Volkswagen India's Ashish Gupta

Volkswagen India's Gupta tells Pavan Lall the firm's plans for the subcontinent remain on track despite the Covid speed-breaker,

Tata Motors narrows Q4 loss on strong operational show by JLR, India biz

The company took a hit of Rs 15,000 crore to re-cast JLR business

Bulls gain strength: Sensex reclaims 50,000, Nifty ends above 15,000

Fall in Covid-19 cases, prospect of economy normalising in near term lift indices for a second day

Covid-19: Hero MotoCorp extends shutdown of plants across India till May 16

Two-wheeler market leader Hero MotoCorp on Sunday said it is extending the shutdown of its plants across India by another week till May 16 in view of the prevailing COVID-19 situation in the country. The shutdown also includes the Global Parts Center (GPC) in Neemrana and R&D facility the Centre of Innovation and Technology (CIT) in Jaipur, Hero MotoCorp said in a statement. Last month, the company had announced temporary stopping of operations at all its six manufacturing units located at Dharuhera and Gurugram, Haryana; Chittoor in Andhra Pradesh; Haridwar in Uttarakhand; Neemrana in Rajasthan, and Halol in Gujarat with a total yearly production capacity of 90 lakh units. "The company is continuously monitoring the situation and is ready with its business continuity plans to be able to quickly resume and scale up operations as and when the situation improves," the statement added. The extension of suspension of operations at the plants is also in line with its commitment to the

India topped 2020 vehicle imports into South Africa despite Covid-19 impact

India was the top country of origin for vehicle imports into South Africa despite the lengthy Covid lockdowns and overall declines in vehicle sales in 2020, according to the latest 2021 auto report

Maruti Suzuki's margins may slip further on higher commodity costs

Demand trajectory, market share losses are other concerns

Ashok Leyland's LCV gamble pays off with a little help from the pandemic

Its offering Bada Dost has helped in huge market share and volume gains

Domestic auto sales in India go below 2015 levels amid Covid-19 crisis

The situation was not very different globally

Setting up a semi-conductor fab plant: Will India be third time lucky?

The government hopes to learn from two failed attempts in 2007 and 2013 to attract fab manufacturers to India but it's up against some stiff challenges

Large but easy to drive, BMW 6 Series GT lives up to its 'grand tourer' tag

The car serves up comfort on long drives

Bajaj puts brakes on bookings of e-scooter Chetak due to high demand

Attributes move to supply chain uncertainties, receives 'overwhelming' response for model

Auto plants in Maharashtra scale down operations to align with guidelines

Overall monthly production likely to be hit by 30-40%

From maharajas to mass market

Book review of The Indian Automobile - An Indian Love Affair