Page 10 - Carmakers

Automaker Kia India reports 23% decline in wholesales in September

The company sold 4,454 units of Sonet, 9,583 units of Seltos, and 404 units of Carnival last month to dealers.

Hyundai India sales decline 24% in September to 45,791 units

Exports increased 34.3 per cent to 12,704 units as compared with 9,600 units in September last year

Maruti Suzuki sales decline 46% to 86,380 units in September

The company had sold 1,60,442 units in September last year

Rolls-Royce to stop making internal combustion cars by decade's end

Meanwhile, cross-country rival Bentley has announced it will bring forth a fully electric vehicle by 2025

Ford to invest in electric vehicle production, create 11,000 jobs

The auto company is in the race to catch up with the electric car company Tesla

Tata Motors rolls out 1,00,000th unit of Altroz from Pune plant

Tata Motors on Tuesday rolled out the 1,00,000th unit of its hatchback Altroz, from the company's manufacturing facility at Pune. The city-headquartered vehicle maker had commenced Altroz production at the fag-end of November 2019. It launched the vehicle in January 2020. The first vehicle model built on the ALFA (Agile Light Flexible Advanced) architecture, the Altroz, has acquired the top 2nd position in the premium hatchback category in the current fiscal, with more than 20 per cent share with an average monthly sale of around 6,000 units in FY22, Tata Motors said in a release. Moreover, the car clocked its maximum sales of 7,550 units in March this year, it added. "We have crossed a major milestone, rolling out the 1,00,000th unit, during these challenging times and are grateful for the constant support and loyalty of our customers and partners. "The Altroz occupies a pride of place in our New Forever range offering a wide variety of options in the premium hatchback segment,"

Ford family member named head of global brand merchandising

A member of a new generation of Ford family members is taking on another leadership role at the automaker.

Tata Motors achieves cumulative EV sales mark of 10,000 units

Tata Motors had entered the electric vehicle space with Tigor EV

Ford India coercing dealers to sign non-disclosure agreement: Fada

Urges govt to set up task force to monitor compensation structure being worked out by Ford India for its dealer partners across the country

Ford wakes up badly burnt from its India dream: Here's what went wrong

Analysts and executives said foreigners badly misjudged India's potential and underestimated the complexities of operating in a vast country that rewards domestic procurement.

Bumpy road ahead for Ford India as talks with unions on separation flop

Workers at both units set to get into a protracted feud with the management over closure terms and job security

BMW drives in new trims of X5 with price starting at Rs 77.9 lakh

German luxury carmaker BMW on Monday said it has launched the new variants of its premium SUV X5

Electric carmaker Tesla pushes its full self-driving Beta v10, says report

This is a version that CEO Elon Musk called "mind-blowing"

Ford Motor to cease production in India, 4,000 jobs to be impacted

'The decision was reinforced by years of accumulated losses, persistent industry overcapacity and lack of expected growth in India's car market,' says Anurag Mehrotra, MD of Ford India

Maruti expects Sept production at 40% of normal output due to chip shortage

The usage of semiconductors in the auto industry has gone up globally in recent times

Semiconductor shortage may impact Aug-Sep automobile wholesales: Report

The shortage of such a crucial component has been impacting the automotive industry globally along with other industries, forcing them to cut down on production.

Chip shortage may spoil the party for carmakers this festive season

Once the festive season is in full cry, the wait may be extended to six to nine months, and even spill over to the next calendar year, say auto dealers

Tata Motors gets NCLT nod for hiving off PVs business into separate entity

The company's management has so far stated that it has not taken a decision on a partner.

The electric vehicle boom is pay-dirt for factory machinery makers

New electric vehicle factories, funded by investors who have snapped up newly public shares in companies such as EV start-up Lucid Group Inc are boosting demand.

Track car models turbo-charge sales for foreign car-makers

Mercedes-Benz, Ferrari, Porsche and Lamborghini are some marquee badges that have introduced track cars to excite hard-core customers who want to push their cars to the limit.