Page 24 - Automobile

Budget 2022: FADA seeks GST rate cut on two-wheelers to 18% to spur demand

Automobile dealers' body FADA has urged the government to reduce GST rates on two-wheelers to 18 per cent in order to generate demand in the segment.

Kia India garners 7,738 bookings for its latest model Carens on first day

Automaker Kia India said it has received 7,738 bookings of its upcoming model Carens on the first day of commencing the order process

Audi's marketing synchromesh: Customer-centricity, product & digitalisation

The luxury carmaker is focusing on technology, digital platforms and below-the-line activities to drive sales

Steel firms expect higher offtake from auto in Q4 after weak show earlier

It isn't clear how soon the chip shortage will get sorted, but analysts expect a gradual easing of constraints. Over a two-year timeframe, strong growth is expected from CVs and PVs

Car review: Honda relaunches compact sedan Amaze with a tuck and a tweak

The car is powered by Honda's 1.2L i-VTEC petrol engine and 1.5L i-DTEC diesel engine, available in manual and CVT versions for both fuel options.

Near-term worries likely to keep Maruti Suzuki's stock under strain

Market-share loss in SUVs, supply disruptions, and margin improvement may take time to repair

Ki Mobility test drives an O2O model for EVs, conventional automobiles

Industry experts point out that this unique model could be a challenge or an opportunity for the company in the coming days as there is no successful model to follow

Maruti Suzuki Celerio emerges younger, nattier as an entry-level city car

The new Celerio is wider and taller than the earlier version by 55 mm

Hyundai lines up Rs 4,000 cr investment to drive in 6 EVs in India by 2028

South Korean auto major Hyundai plans to invest around Rs 4,000 crore to drive in around six electric vehicles in India by 2028. The company is planning to roll out a mix of models based on its existing range as well as completely new vehicles based on its global platform 'E-GMP' over the next few years. In an interaction with PTI, Hyundai Motor India MD & CEO S S Kim said that the company is gearing up to expand its presence in the EV space in the country in a big way with the first of the six new products being expected to debut next year. The company would invest around Rs 4,000 crore in the R&D towards the six-model line up till 2028. "As we continue to redefine the mobility space, today we are yet again showcasing our commitment towards Indian customers with the announcement of expanding our BEV line-up to six vehicles for the Indian market by 2028," Kim said. The company is taking experiences beyond mobility and are strongly focusing on intelligent technology, ...

MFs raise bank, automobile holdings in October: Motilal Oswal report

Private banks' weightage stood at a five-month high of 17.7%, up 90 basis points MoM and up 10 bps YoY. The sector weightage was at a 29-month low in September 2020

Auto e-commerce platform Droom files DRHP to raise Rs 3,000 crore in IPO

The offer comprises a fresh issue of aggregating up to Rs 2,000 crore and an offer for sale of up to Rs 1,000 crore

India aims to sell only 20% ethanol-blended petrol from 2025: Oil Secretary

E20 blended petrol to be introduced in 2023. In the transitional period, even 10% ethanol-blended fuel will be available but at different petrol pumps

Maruti Suzuki reports 26% drop in production in October

MSI said total passenger vehicle production stood at 1,30,763 units last month, against 1,76,942 units in October 2020

Pre-owned car sellers see brisk volume growth as chip crunch persists

The market for used cars has been outselling, trend expected to continue

From conventional fuel to EVs, RIL-bp pumps up the mobility stakes

According to RIL-bp, these new Jio-bp mobility stations will bring together a range of services for consumers

Uttarakhand: As rains subside, manufacturing units of automakers resume ops

Will take some time to restore normalcy, say auto suppliers

Tata Punch goes on sale from today, will soon get an electric version too

The latest model aims to wean buyers off hatches and compact sedans

BluSmart drives a green agenda, hopes to expand presence from core NCR base

BluSmart has also gone in for backward integration, creating EV charging stations or what it calls "super-hubs" that can charge almost 70-80 EVs at a time

Semi-conductor crunch, high input costs to crimp Q2 show for auto sector

Though weak domestic demand is set to crimp earnings of two wheeler-manufacturers, strong exports are expected to offset this to some extent

Tesla car to be affordable in India, will cost Rs 35 lakh, says Gadkari

No formal announcement yet but the automobile company is anticipated to bring in its competitive Tesla Model 3