Page 41 - Automobile Manufacturer

Intel offers tech-based solutions to tackle road safety issues in India

Intel on Monday partnered with leading technology and transportation providers, vehicle makers, academia, and government to collaborate and bring solutions to address road safety-related challenges.

Nitin Gadkari approves draft of Bharat-NCAP car safety rating system

Cars in India were so far following Global-NCAP; it is not immediately clear whether the new standardised Indian tests or the consequent ratings will be mandatory

Nearly a dozen new UV models set to go on sale ahead of festive season

The peak festive season, which starts from Navratri and ends with Diwali, is critical for auto companies and accounts for a fifth of their annual sales

About 50% of Ford's Chennai employees agree to restart production: Official

Unions refute claim, say only 350-odd employees are heading back to shopfloor

Kia Sonet surpasses cumulative sales milestone of 150,000 units in 2 years

Automaker Kia India on Monday said its compact SUV Kia Sonet has crossed the cumulative sales milestone of 1.5 lakh units since launch in September 2020. The model has contributed over 32 per cent of the company's total sales and commands almost 15 per cent share in the highly competitive compact SUV category, Kia India said in a statement. "The Sonet has won several accolades not only for its design, performance, and practicality but also by creating favourability for iMT (intelligent manual transmission) and introducing the only Diesel AT in the segment," Kia India Chief Sales Officer Myung-sik Sohn said. In April this year, he said, "We added four airbags as standard across even the lower variants of Sonet, further enhancing the vehicle's safety and propelling its popularity." Kia India said the top variants of the model contributed to 26 per cent of its overall sales, while 22 per cent of buyers preferred automatic transmission and diesel powertrain accounted for 41 per cent of

EVs catching fire because of 'mad rush' to get into business: Rajiv Bajaj

'Upstarts and not start-ups have entered the sector'

M&M reports over 200% surge in total sales at 53,726 units in May

Mahindra & Mahindra (M&M) on Wednesday said its total sales stood at 53,726 units in May. The company had reported total sales of 17,447 units in Covid-hit May 2021. The Mumbai-based auto major's passenger vehicle sales in the domestic market were 26,904 units last month while the same stood at 8,004 units a year ago, the auto major said in a statement. Commercial vehicle sales of 24,794 units were posted in the month under review, while it was at 7,508 units in the year-ago period. The company said its exports were reported at 2,028 units in May. The overseas shipments were at 1,935 units in the corresponding period of the previous fiscal. "With sales of 26,632 SUVs in May, we continued the growth momentum with all our brands performing well, including XUV700 and Thar," M&M President (Automotive Division) Veejay Nakra said. The company is witnessing strong bookings and have a robust pipeline, he added. "We announced the launch of Scorpio-N, which is generating very high .

Hyundai Motor has a climate dilemma at one of world's top car plants

Hyundai Motor will study alternatives to a gas-fired power station for one of the world's biggest automobile plants after criticism the decision contradicts pledges to shift entirely to clean energy

WardWizard lines up Rs 650 crore investment to set up Li-ion plants

Electric two-wheeler maker WardWizard Innovations and Mobility is lining up close to Rs 650 crore investment for the manufacturing of Li-ion advance cells and related infrastructure, according to a top company executive. The Gujarat-based company, which sells electric two-wheelers under the Joy brand, plans to come up with an R&D centre and an assembly plant to set up the 1GWh cell production plant at its electric vehicle ancillary cluster in Vadodara. The company has already tied up with Singapore-based renewable energy management consulting firm Sunkonnect to do a feasibility study and identification of the potential partner for production processes. In an interaction with PTI, WardWizard Innovations and Mobility Managing Director Yatin Gupte said the company plans to invest around Rs 600-650 crore to come up with the required infrastructure over the next 18 months. "The likely investment for setting up the R&D Lab and the assembly plant would cost between Rs 75-125 crore. ..

Stellantis sees India as profitable auto mkt amid China, Russia challenges

Stellantis expects revenues in India to more than double by 2030 and operating profit margins to be in double-digits within the next couple of years.

Ford denies being in talks with Tamil Nadu govt for EV unit in Chennai

The talks are said to have started after the government approved Ford's proposal for manufacturing and exporting EVs as part of the Rs 25,938-crore production-linked incentive (PLI) scheme in February

Maruti Suzuki to hike prices this month; recalls nearly 20,000 Eeco vans

Over the past year, the cost of the company's vehicles continued to be adversely impac­ted due to increase in various input costs, the auto major said in a regulatory filing

Russian auto boomtown grinds to halt over Ukraine sanctions: Report

The PSMA Rus plant that is a joint venture between Stellantis and Mitsubishi and employs 2,000, may halt production soon due to a lack of parts, Stellantis' chief executive said last Thursday

Audi India plans to develop market by bringing in more products

German luxury car maker Audi plans to develop the market in India by bringing in more products and expanding the network across the country, an official of Audi India said on Friday

Nissan India Feb sales surge 57% to 6,662 units, over 4,000 nos exported

The company sold 2,456 units in the domestic market and exported 4,206 units in February

Kia India crosses 500,000 dispatch mark from Anantapur plant in Andhra

Automaker Kia India said it has crossed five lakh units in terms of dispatch across domestic and export markets from its Anantapur plant in Andhra Pradesh.

Renault launches limited edition Triber at Rs 7.2 lakh amid sales milestone

To mark the milestone, Renault India has also launched a limited edition of the Triber priced at Rs 7.24 lakh

India wants Tesla to buy $500-mn local auto parts for tax break: Report

While it could start at a lower base, Tesla would need to agree to ramp up Indian parts purchases by around 10% to 15% a year until a satisfactory level was achieved, says a source

1 in every 4 cars will have 5G connectivity by 2025, says Report

One in 4 cars will have 5G connectivity by 2025 that will make better use of real-time data transfer and fast cloud-car communication, among other improvements, a new report has shown.

Kia launches the new Carens with a starting price tag of Rs 8.99 lakh

Automaker Kia India on Tuesday launched its fourth product -- Carens -- in the domestic market, with the introductory price ranging between Rs 8.99 lakh and Rs 16.99 lakh (ex-showroom).