Page 4 - Car Makers
Indian car makers propose tax cut on imports in trade deal with Britain
Indian car makers have proposed cutting to 30% the tax rate on imported cars as part of a trade deal with Britain
 "Indian car makers propose tax cut on imports in trade deal with Britain")
MG Motor retail sales increase by 17% in September 2022 to 3,808 units
MG Motor India on Saturday said its retail sales increased by 17 per cent to 3,808 units in September. The automaker had sold 3,241 units in September 2021. "The waiting period continues to be 3-6 months across models impacted by supply chain constraints," MG Motor said in a statement. The company stated that its models like Gloster, ZS EV, Hector and Astor continue to do well in the market. "However, the semiconductor availability issue persists, limiting MG to supply only the Astor MT (manual transmission) model for the time being," it added. The company is hopeful about commencing deliveries of the Astor automatic variants soon, it noted.
 "MG Motor retail sales increase by 17% in September 2022 to 3,808 units")
Charge of the sodium-ion brigade: How India can power e-mobility industry
India could well emerge as a global hub for manufacturing sodium-ion batteries, which is seen as an alternative or complementary technology to the more expensive lithium ion-powered batteries.
 "Charge of the sodium-ion brigade: How India can power e-mobility industry")
Santosh Iyer to lead Mercedes in India as Martin Shwenk moves to Thailand
Youngest and first Indian to be appointed for the top job
 "Santosh Iyer to lead Mercedes in India as Martin Shwenk moves to Thailand")
BYD to launch e-SUV in India; here's a list of its most sought-after models
BYD has been selling the E6 MPV in the Indian market since 2021. Since its launch last year, BYD has sold 400 units of the E6
 "BYD to launch e-SUV in India; here's a list of its most sought-after models")
Tata Motors comes out with a SUV teaser; here's what you can expect
According to leaked images, the upcoming Tata Motors SUV may come with minor exterior upgrades and new features
 "Tata Motors comes out with a SUV teaser; here's what you can expect")
Right to repair: Delhi's cellphone and auto markets cautiously optimistic
Now, as the Centre seeks to come out with a framework on 'Right to Repair' to facilitate self or third-party repair of products, chances are that new products will be available in the open market
 "Right to repair: Delhi's cellphone and auto markets cautiously optimistic")
Budget should aim long-term holistic growth for auto industry: Mercedes
The company retailed 11,242 units in 2021, a growth of 42.5 per cent over 7,893 units in 2020
 "Budget should aim long-term holistic growth for auto industry: Mercedes")
Renault SA, Nissan Motor outline $26-billion electric vehicle plan
The funds will be spent over five years to roll out 35 new battery-powered cars
 "Renault SA, Nissan Motor outline $26-billion electric vehicle plan")
Tesla recalls over 475,000 US cars on technical defects: Report
Tesla is also recalling as many as 119,009 Model S cars assembled from 2014 because of a faulty front-trunk latch
 "Tesla recalls over 475,000 US cars on technical defects: Report")
Volvo to raise prices of select car models in India from January 1
As with the rest of the Indian auto industry, Volvo Car has also been impacted by rising input costs, the firm's MD said
 "Volvo to raise prices of select car models in India from January 1")
Toyota's global output goes down 26% in Oct amid shortage of semiconductors
The world's No 1 carmaker said Monday it produced 627,452 vehicles in October
 "Toyota's global output goes down 26% in Oct amid shortage of semiconductors")
Tesla withdraws application for subsidies for German factory: Report
According to Electrek, a spokesperson for the Germany Economy Ministry confirmed the news
 "Tesla withdraws application for subsidies for German factory: Report")
With new model, Ferrari honours the brand's 1960s race cars
Daytona SP3 debuted Saturday at Mugello Circuit
 "With new model, Ferrari honours the brand's 1960s race cars")
India must re-think plan of becoming global car making hub: Skoda MD
Country has lost the edge due to levies and differential duty structure, says Gurpratap S Boparai
 "India must re-think plan of becoming global car making hub: Skoda MD")
Global carmakers now target $515 billion for EVs and batteries
The carmakers are planning to spend an estimated $515 billion over the next five to 10 years
 "Global carmakers now target $515 billion for EVs and batteries")
Volvo Cars reports 48% jump in retail sales in Jan-Sep period
The Swedish automaker sold 1,270 units in the first three quarters of the year as compared with 856 cars in the same period of last year.
Chip crunch may last a year as demand remains robust, says IMI CEO
Automakers from Toyota Motor Corp. to General Motors Co. have been ensnared by the chip shortage, forcing many to cut vehicle output
 "Chip crunch may last a year as demand remains robust, says IMI CEO")
Maruti Suzuki total sales decline 71% in May over April to 46,555 units
Maruti Suzuki India reported a 71% decline in total sales to 46,555 units in May as compared to 1,59,691 units in April as a spike in Covid-19 cases and lockdowns across various states hit dispatches
 "Maruti Suzuki total sales decline 71% in May over April to 46,555 units")
Honda Cars recalls 77,954 units of some models to replace faulty fuel pumps
The firm started this exercise last year
 "Honda Cars recalls 77,954 units of some models to replace faulty fuel pumps")