Page 27 - Automobile

Sales recovery in sight with easing of Covid curbs across states: MG Motor

MG Motor India expects the growth to be much better than the industry's despite supply chain challenges and increase in input costs

Anita Frew to take the wheel at Rolls-Royce - first woman in 115 years

Frew, 63, has been chair of specialty chemicals-maker Croda International since 2015

Classic Legends to develop electric version of BSA motorcycles in UK

The JV has got a grant from UK govt, which awarded BSA a £4.6-million grant to develop electric bikes

Kia sees 31% dip in dispatches to 11,050 units in May from 16,111 in April

Automaker Kia India on Tuesday reported a 31 per cent decline in dispatches to dealers at 11,050 units in May compared to 16,111 units in April this year

Honda Cars domestic sales dive 78% dip in May to 2,023 units over April

Honda Cars India on Tuesday reported a 78 per cent decline in its domestic sales to 2,032 units last month as compared to 9,072 units in April this year. The company said it exported 385 units in May. "Multiple state-wide lockdowns throughout the country to control the spike in COVID-19 infections in May 2021 impacted retail business. During last month, we also undertook extended maintenance-related shutdown of our factory leading to limited production but effectively breaking the chain amidst the high number of cases in north India," Honda Cars India Senior Vice President and Director (Marketing & Sales) Rajesh Goel said in a statement. With the increase in the pace of vaccination and the declining cases, the company expects markets will open gradually allowing business continuity, he added. Goel noted that the company's field teams were in constant touch with waiting for customers to facilitate their car purchases through digital mediums. "We will closely monitor the on-ground .

TVS Motor sales down 30% in May to 166,889 units over April's 238,983 units

TVS Motor Company on Tuesday reported sales of 1,66,889 units in May, down 30 per cent from 2,38,983 units sold in April this year

Hyundai Motor total sales dip 48% to 30,703 units in May over April

Hyundai Motor reported total sales of 30,703 units in May, a decline of 48% from 59,203 units it had sold in April this year as coronavirus-induced restrictions across states hit dispatches to dealers

Ashok Leyland May sales rise to 3,199 units from 1,420 units in April

Commercial vehicles major Ashok Leyland Ltd closed last month with sales of 3,199 units up from 1,420 units sold in May 2020.

Renault Triber gets 4-star adult safety rating in Global NCAP crash test

Renault India's seven-seater model Triber has received a four-star safety rating for adult occupants, vehicle safety group Global NCAP said on Tuesday

Mahindra & Mahindra sales tumble 52% to 17,447 units in May over April

Mahindra & Mahindra (M&M) on Tuesday said its total sales declined by 52 per cent to 17,447 units in May as compared with April this year on account of lockdown in various states. The Mumbai-based auto major had dispatched 36,437 units to dealers in March this year. Passenger vehicle sales in the domestic market stood at 8,004 units last month, down 56 per cent from 18,285 units in April 2021. Commercial vehicles sales declined by 53 per cent to 7,508 units in May as against 16,147 units in April this year. The company said its exports last month stood at 1,935 units in May as compared with 2,005 units in April. "We are seeing a strong growth momentum for our entire product portfolio. The Thar is clocking robust bookings, despite extended waiting periods. XUV300 has been a tremendous success and continues to see strong demand," M&M Chief Executive Officer Automotive Division Veejay Nakra said. With the cases coming down and gradual opening up of markets, the company ...

Amid pandemic, Daimler India offers financial support for its dealers

Salary support, group insurance for Covid-19, credit period for vehicles in stock are some of the support packages Daimler India Commercial Vehicles (DICV) offer for its dealers

Tata Motors sales drop 38% to 24,552 units in May from 39,530 units

Tata Motors on Tuesday said its total domestic sales declined by 38 per cent to 24,552 units in May as compared to 39,530 vehicles in April this year

Now, no need to pay RC renewal fees for battery-operated vehicles

The Centre has exempted Battery Operated Vehicles from payment of fees for the purpose of issue or renewal of Registration Certificate and assignment of new registration mark

Automobile giant TVS Motor expands in Iraq, launches two new products

TVS Motor Company on Monday said it will launch two new products in Iraq as part of its expansion plan in that country

'Govt should focus on converting 300 mn on-road vehicles to clean fuels'

The Indian Auto LPG Coalition, the apex body of Auto LPG stakeholders, sees conversion of existing vehicles as key to improving the air quality

Hyundai to slash its combustion engine line-up, invest in EVs: Sources

The move is expected to result in a 50% reduction in models powered by fossil fuels

Surge in vaccination to fortify revenues growth of glass makers: Crisil

Sharp increase in Covid-19 vaccination led pharma demand as well as expected healthy growth in end-user sectors is expected to drive revenue growth of glass makers, says ratings agency Crisil

Maruti Suzuki, Tata Motors: Auto stocks face major hurdles amid Covid surge

Automobile and financial stocks dominate the list of companies where analysts have scaled back their earnings estimates for FY22

Covid-19 second wave may stall mobility sector's recovery, says RedSeer

The recovery is likely to go on a downward trajectory with a drop of 30-40% as many states like Maharashtra, Delhi and Karnataka, among other states, go into lockdown, says the consulting firm

UK becomes first country to green-light driverless cars on its roads

The country announced it would regulate the use of self-driving vehicles at slow speeds on motorways, with the first such cars possibly appearing on public roads as soon as this year