Page 77 - Automobile Industry

Bajaj Auto plans to cut entry-level motorcycle models by a third

Move aimed at sharpening product amid high demand for cheaper bikes

CVs run into Covid-19, sales to shrink 30-35% this fiscal: Report

The industry is staring at further de-growth in fiscal year 2021 as Covid-19-led economic downturn adds to the negative sentiment

Amazon joins hands with Acko to offer automobile insurance in India

Amazon Pay on Thursday said it has tied up with Acko General Insurance Ltd to offer two- and four-wheeler insurance policies in India

Spurt in demand for pre-owned personal vehicles during April-July: Report

Pre-owned passenger vehicles market has seen steady recovery and growth in April-July period this year with demand for such vehicles growing by around 25 per cent this month as compared to February

Tesla picks Texas for $1.1 billion assembly plant, to create 5,000 jobs

This will be one of the largest economic development projects in Austin's history

Global spread helps Motherson Sumi tackle Covid-19 pandemic pain

The third part of the series looks at how the firm used its first-mover advantage to get production back on track

Covid-19 impact: Over 54% potential buyers prefer used car, says study

Even as the preference for a personal vehicle is growing owing to safety concerns, buyers are not willing to fork out much

Covid-19 impact: Aviation, automobile sectors see worst tax outgo in Q1

Maruti Suzuki, Bajaj Auto, and Hero MotoCorp's tax collections were down 60-85 per cent.

Changes and challenges for automakers as India eases coronavirus lockdown

March and April were the cruellest for automakers because of a nationwide lockdown. As economic begins to pick up, Surajeet Das Gupta explains how automakers can get business in these uncertain times

Buyers in Europe rejoice as policymakers offer electric-car subsidies

Chancellor Angela Merkel and President Emmanuel Macron have sought to soften the coronavirus pandemic's blow to the badly hit car sector.

Honda Cars India plays a competitive pricing game with the new City

Honda aims to fill the wide gap in entry-level sedans that include Ciaz and Hyundai Verna as well as upper-level versions such as the likes of Honda Civic, Skoda Octavia and Toyota Corolla Altis.

Toyota staff Covid-positive, cases at Bidadi manufacturing unit up to 14

The company confirms the emergence of a new case of Covid-19 with the employee concerned having last attended the work on July, 3, TKM said in a statement on its website.

Personal car, 2-wheeler preferred mode of transportation post Covid: Survey

The research shows that the pre-owned vehicle will see a good traction as 96 per cent of the respondents want to purchase used car

Sale of BS-IV vehicles during lockdown genuine or not? SC to find out

"We have to see whether these transactions during lockdown are genuine transactions or they have been back dated," the bench said.

Federal judge throws out GM's racketeering lawsuit against Fiat Chrysler

GM filed racketeering lawsuit against FCA last November, alleging its rival bribed United Auto Workers union officials over many years.

Covid-19 impact: 50% pay cut at Bajaj Auto's Waluj plant in Aurangabad

The unit, which employs close to 8,000 including contract and permanent employees, accounts for half the company's total production in India.

Connected cars to gain traction in Indian market, says Deloitte's survey

The survey revealed that two out of three Indians are willing to pay up to Rs 50,000 for connected technologies.

Bajaj Auto unions demand factory halt after 250 workers test Covid positive

The affected Bajaj Auto factory is located in western Maharashtra, the state with the highest number of cases of Covid-19, the disease the virus causes

Motorcycle segment to outperform other auto verticals amid Covid-19: Fitch

'While we forecast that India's motorcycle sales will contract by 23.7 per cent year-on-year in 2020-21, we expect motorcycle production to contract by just 16 per cent year on year," it said

Tractor sales rise in June; commercial vehicles segment continues to skid

Mahindra & Mahindra Farm Equipment Sector's domestic sales in June saw a surge of 12% to 35,844 units, as against 31,879 units in June 2019.