Page 14 - Automobile Manufacturer

Truck rentals dip marginally, used truck prices jump in June: Report

Average price of used commercial vehicles saw a considerable rise across categories in June with 31 to 36-ton category

Govt meets auto industry, asks firms to onboard right to repair portal

The Department of Consumer Affairs (DoCA) held a meeting with automobile associations and companies on Saturday to encourage their participation in the newly launched Right to Repair Portal India, aimed at empowering consumers with easier access to product repair information. The meeting, chaired by DoCA Secretary Nidhi Khare, focused on addressing consumer concerns about restricted access to repair tools, high costs, and service delays in the automotive sector, an official statement said. Khare emphasized the need to "democratize repair manuals and videos" and foster a robust ecosystem for third-party repair services. She also suggested introducing a "repairability index" for vehicles to inform consumers about product lifespan and ease of repair. The government portal (https://righttorepairindia.gov.in/) seeks to provide consumers with information to repair their products, contributing to a circular economy and reducing e-waste. Key points discussed in the meeting include: making

Bajaj Auto strikes 'Tiger Zinda Hai' note as first CNG bike hits the road

Bajaj Auto launches world's first CNG-powered bike Freedom 125 at Rs 95k

Auto retail sales up marginally in June amid heatwaves: Dealer association

Inventory levels in passenger vehicles reach record high, ranging from 62 to 67 days

Massive monsoon season discounts take the wheel in car sales drive

As the monsoon season begins, carmakers and dealers are intensifying their efforts to attract buyers with various incentives, including discounts, exchange bonuses, and assured gifts

French technology company IDEMIA targets auto space for SIM drive

IDEMIA's Indian factory accounts for 10 per cent of its SIM global capacity. It is manufacturing the chips embedded in the product at the factory and importing only the wafers from fab plants

Govt to extend easy visa rules to all PLI sector companies: DPIIT secretary

The PLI scheme covers 14 sectors, including mobile phones, drones, white goods, telecommunications, textiles, automobiles, specialty steel, and pharmaceutical drugs, among others

In a first, Tesla deliveries expected to dip 6% for second straight quarter

Tesla has hit a speed bump after years of rapid growth that helped make it the world's most valuable automaker

From US to Japan, here's how strongest car unions deal with EV job losses

In South Korea, Hyundai Motor Co. and Kia Corp.'s moves toward electrification are provoking similar anxieties in that country's highly active and organised labour movement

M&M may surpass Tata Motors, Maruti Suzuki in PV segment in June: Nuvama

Raghunandhan NL, director at Nuvama, predicts a 13 per cent overall volume growth for M&M's automotive sector (including PVs, commercial vehicles, and three-wheelers), reaching 70,500 units

Meity planning reboot of NPE; aims to revitalise electronics manufacturing

Meity has set up working group to frame finer contours of new policy

CAFE III emission targets to disrupt PV market trends 2027 onwards: Chandra

Shailesh Chandra, managing director, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, said that CAFE III standards, which will hit the industry around 2027

Volkswagen recalling 307,000 vehicles over airbag sensor wiring: Report

Volkswagen will notify all owners of the affected vehicles by August 16, the company said

More MNCs eye IPO route after passenger car major Hyundai Motor move

Investment bankers say early stage talks on with about half a dozen foreign firms

Three-wheeler exports may continue to skid in FY25 over subdued demand

As such three wheeler exports have been declining. According to SIAM data, in FY23, exports fell by 26 per cent, followed by a 17 percent fall in FY24

As vehicle sales hit brakes, manufacturers seek extended financing

Auto dealerships are grappling with a 60-day stockpile of four-wheeler inventory, which is imposing a financial burden due to the additional interest costs incurred during the extended holding period

Cars could get costlier as automobile emission norms set to tighten

Under the third phase of the corporate average fuel efficiency standards, automakers must reduce carbon emissions by one-third in three years

Uno Minda zooms 18% after deal with Inovance Automotive for e-4W expansion

Uno Minda's stock rose following its announcement of a technical licence agreement (TLA) with Suzhou Inovance Automotive Co, Ltd, China

Japan auto safety test scandal widens, Toyota halts some shipments

The ministry ordered Toyota, Mazda and Yamaha to suspend shipments of some vehicles. It said it will conduct an on-site inspection at Toyota's central Aichi prefecture headquarters on Tuesday

Post FAME-II: EV sales dip on incentive cuts, polls, and hybrid shift

Sector experts suggest that the sharp decline could be due to a combination of factors such as changes in government policies, customers shifting interest towards hybrids, and general elections