Page 44 - Automobile Manufacturer

Ashok Leyland plans expanding into African, Southeast Asian markets

Commercial vehicle maker Ashok Leyland is looking to expand into African and Southeast Asian markets as part of strengthening its international presence, a senior company official said on Friday

Mahindra recalls 29,878 pick up vehicles to replace faulty fluid pipe

Mahindra & Mahindra (M&M) on Tuesday said it is recalling 29,878 units of its pick up vehicles to replace faulty fluid pipe amid suspicion of improper assembly. The company has announced a proactive inspection and replacement of a fluid pipe in some of the pick up vehicles manufactured between January 2020 and February 2021 for suspicion of improper assembly, M&M said in a regulatory filing. The recall is limited to a batch of 29,878 vehicles and is keeping in line with the company's customer-centric approach, it added. "The inspection and subsequent rectification will be carried out free of cost for all customers, who will be individually contacted by the company. In an endeavour to ensure a hassle-free experience for its customers, the company is proactively carrying out this activity," the auto major said. The action is also in compliance with voluntary code on vehicle recall. Last month, the company announced undertaking a proactive inspection and replacement of diesel

Suzuki Motor expects 12.6% decline in operating profit this fiscal

Japanese automobile maker Suzuki Motor Corporation (SMC) on Thursday said it expects a 12.6 per cent decline in operating profit at 170 billion yen for this fiscal due to increase in raw material cost and R&D expenses, besides unclear outlook on the ongoing semiconductor shortage. Previously, the company did not issue any earnings guidance for the ongoing fiscal as it was "unable to rationally calculate the forecasts owing to the spread of the COVID-19 pandemic in the company's major market of India." "However, based on the latest situation and the trends in the company's operating results, we have determined the forecasts," SMC said in a statement. Accordingly, the company said it expects net sales to grow by 7 per cent year on year to 3,400 billion yen in the ongoing fiscal. SMC further said "as the outlook for semiconductor shortage is unclear, forecasts for the consolidated operating results" for the ongoing fiscal are "based on the assumption that the impact on plant ...

Honda upgrades connected features on 5th gen City with Google Assistant

The company said it has enhanced the Next-Gen Honda Connect platform by introducing Honda Action on Google.

Kia Motors dealers most satisfied across vehicle categories: FADA

Kia Motors India was followed by MG Motor and Toyota Kirloskar Motor in the four-wheeler mass-market segment

Tata Motors launches Tata Ace trim with price starting at Rs 3.99 lakh

Tata Motors on Thursday said it has launched a new variant of its small commercial vehicle (SCV), the Ace Gold Petrol CX, with price starting at Rs 3.99 lakh (ex-showroom). Available in two variants, the flat bed variant is priced at Rs 3.99 lakh, while the half deck load body variant is tagged at Rs 4.10 lakh. Tata Motors said it has partnered with the State Bank of India to provide finance options to its customers to buy the model. "The Tata Ace continues to be a strong, reliable and multipurpose vehicle having provided means of livelihood to over 23 lakh Indians to date. Resonating the Government's Aatmanirbhar Bharat vision, Tata Motors aims to inspire an entrepreneurial mindset through the launch of this vehicle," Tata Motors Vice President (Product Line SCV and PU) Vinay Pathak said. The Tata Motors' Ace platform has exponentially evolved over the last 16 years, focusing on bringing safer, smarter and valuable offerings to its customers in last-mile transportation, he ...

Tata Motors plans to hike passenger vehicle prices from next week

The Mumbai-based auto major sells a range of passenger vehicles like Tiago, Nexon, Harrier and Safari in the domestic market.

Auto major Hyundai pitches for import duty cut on electric vehicles

Any duty rate cut by the government on imported electric vehicles would be very beneficial, says firm

Harley Davidson's turnaround plan gains traction, shows signs of progress

The 118-year-old American brand, which has been steadily losing U.S. market share amid declining retail sales for six years, has shifted focus back to big bikes

Toyota joins hands with Karnataka govt to impart industry specific training

Toyota Kirloskar Motor on Friday said it has inked a pact with the Karnataka government for imparting industry-specific skill, culture and knowledge to the Industrial Training Institute (ITI) students

First new Maruti Suzuki unit in Haryana can make 250,000 cars a year

The investment for the first unit would be to the tune of Rs 5,000-Rs 7,000 crore

Car sales double to over 200,000 in June, says automobile body Siam

Three-wheeler sales de­c­lined to 9,397 units last month as against 10,300 units in the same period last year

Global chip crisis deepens with Daimler, Jaguar warnings on sales

A shortage of automotive chips that began late last year as consumer demand for personal devices soared amid pandemic lockdowns has persisted through 2021

Auto firms post record production in June, make up for halt in May

With unlocking and a normal monsoon, industry expects sales momentum to continue, commodity price a worry

Skoda Auto India hopes Kushaq will give it the much-needed volume push

The midsize SUV will account for eight out of every ten models that the company will sell in India

Hero MotoCorp to hike prices to partially offset higher commodity prices

The prices will increase by up to Rs 3,000

Maruti, Tata Motors: Auto stocks showing positive trend reversal on charts

Maruti Suzuki was the top-performing index stock as it rose over 4 per cent after the company said it would be raising vehicle prices in the July-September quarter

Carmakers in India's auto hub allowed to operate at full capacity

Global carmakers such as Renault-Nissan, Hyundai Motor Co and others may operate with their full workforces in India's automaking hub from Sunday, despite worker protests over safety in the pandemic.

For Kia, the name is the game in India's hyper-competitive auto market

The Korean car-maker's rebranding just two years after entering India points to ambitions beyond cars

Tata Motors rolls out 200,000th unit of SUV Nexon

The company has claimed that the last 50,000 units have been rolled out in less than six months, as demand has outpaced supply and production has been hampered due to the Covid-19 pandemic.