Page 9 - Automobile

Kia India recalls over 30k units of Carens for software update

Kia India on Monday said it is recalling over 30,000 units of its model Carens for a software update. The automaker is recalling a total of 30,297 units of the model manufactured between September 2022 and February 2023. The company conducts regular checks and rigorous testing of components, governed by brand's global standard, Kia India said in a statement. The company has initiated the recall campaign for vehicle inspection and, if required, a free-of-cost software update is also provided, it added. "The recall campaign has been initiated to inspect any potential error in the cluster booting process that may cause the cluster to go blank," the automaker stated. During this campaign, the company will take utmost care to minimise inconvenience to customers, it added. The company will directly reach out to the owners of the concerned vehicles to update them about this voluntary recall campaign, it noted. The customers of the affected vehicles would be required to contact their ..

Volkswagen prepping its 7-seater SUV Tayron, India launch likely in 2025

The Tayron will replace the seven-seater Tiguan AllSpace which is set to retire after its current generation

Two-wheeler OEMs' revenue likely to rise 13-14% this fiscal: Crisil Ratings

Two-wheeler OEMs' revenue is likely to rise 13-14 per cent this fiscal despite modest volume growth, driven by increasing preference for executive and premium motorcycles that yield higher realisations, Crisil Ratings said on Tuesday. The two-wheeler original equipment makers (OEMs) topline had grown 19-20 per cent last fiscal, as per the credit ratings agency. Motorcycles above 110 cc fall under the executive and premium segment. Overall, two-wheeler sale volumes are expected to rise around 8 per cent year-on-year this fiscal to around 20.6 million units, driven by around 11 per cent growth in the domestic markets (81 per cent of overall volumes in fiscal 2023), it said. Exports, on the other hand, will remain impacted for the second year in a row due to economic challenges and continuing high inflation in key markets of Africa, Latin America, Bangladesh and Sri Lanka, Crisil Ratings said. While this would be the third straight year of volume growth (in two-wheelers), it would st

Nearly half of FAME electric 2-wheeler sales based on false claims: Report

An investigation done by ARAI found several firms depending on imports for key parts such as electric motors, controllers, and onboard chargers

CNG cars could account for 25% of industry by end of decade: Tata Motors MD

It is a 'decade of transition' for the industry and companies will have adapt to changes quickly: Shailesh Chandra

Eicher Motors Q4 results: Consolidated net profit rises 49% to Rs 906 cr

Total revenue from operations rose to Rs 3,804 crore for the fourth quarter as compared with Rs 3,193 crore in the year-ago period

Hyundai signs deal with Tamil Nadu for Rs 20,000 cr investment in EV space

Car manufacturer will set up battery pack assembly unit with an annual capacity of 178,000 units

Connected vehicles market grew 60% in quarter ended March: CMR

The market for EVs in India grew 48% during the period

Automotive firm Stellantis India names Aditya Jairaj as Deputy MD

Global automotive group Stellantis on Monday said it has appointed Aditya Jairaj as the Deputy Managing Director with effect from May 4. Jairaj will also lead the Jeep brand's operations in the country. Stellantis India CEO & Managing Director Roland Bouchara said Jairaj brings a proven track record of value creation. "The India strategy is a key pillar for the group as an important element of localisation efforts in the region and transforming the mobility landscape in India through our two-pronged brand approach," he added. Jairaj has more than 17 years of experience in the automotive sector. Before joining Stellantis, he served as the Head, EV Strategy and Transformation, for Nissan.

April auto retail sales drop of 4% on decline in two-wheeler demand

Fall in passenger vehicle sales after eight months was another factor behind the overall decline

Maruti Suzuki India's sales jump 6.5% in April, exports drop by 8%

The total domestic sales were up from 132,248 units in April last year to 143,558 units this year

Taiwanese firm Gogoro eyes India as hub for making electric two-wheelers

The top 50 cities where Gogoro wants to operate account for 25 per cent of all the two wheelers - around 60 million

JSW Group in talks with MG Motor, BYD India for electric vehicle push

MG Motor India unveiled its compact EV Comet, which has a range of 230 km per charge, last Wednesday

Is Apple's focus on India as momentous as Suzuki's entry 40 yrs ago?

The full measure of Apple's success in India will depend on its becoming more than a phone company. Still, this promising start is sufficient for the moment, writes T N Ninan

Volkswagen to launch its first electric vehicle ID.4 in India by 2024

ID.4 was launched globally in 2021 and is based on the ID Crozz concept, showcased at India's 2020 Auto Expo

Hyundai Mobis develops world's first rollable display for vehicles

Hyundai Mobis aims to obtain orders for the rollable display, which was partly adopted in smartphones and TVs, from luxury carmakers in North America and Europe

Considering production of passenger vehicle tyres in India: Michelin CEO

French tyre major Michelin is actively considering production of passenger vehicle tyres locally in India, according to the group Chief Executive Officer Florent Menegaux. The local manufacturing would help the Clermont-Ferrand based tyre major to scale up operations in India, which remain critically subdued with the government introducing import restrictions in 2020. The tyre maker, which has presence in 175 countries with 67 plants, currently sells only premium bigger size tyres in limited quantity especially for performance oriented models in India. In 2020, the government imposed curbs on imports of certain new pneumatic tyres used in motor cars, busses, lorries and motorcycles in a move to promote domestic manufacturing. Tyre companies can now import only a small number of tyres into the country under a limited import licence, which was not the case before 2020. In an interaction with PTI here, Menegaux said the group sees India as a great developing market. He noted that th

Euler Motors lays off around 200 employees amid restructuring

As per the company's LinkedIn page, Euler Motors has over 500 employees in the startup. However, according to sources the number of impacted employees stands at around 200

New Renault Duster India launch likely by Diwali 2025, here's what to know

The next generation of Renault Duster is expected to come with hybrid powertrains

5 automakers to voluntarily recall over 23,000 vehicles over faulty parts

Porsche Korea, Honda Korea and three other auto companies will voluntarily recall over 23,000 vehicles to fix faulty components, the transport ministry said