Page 12 - Carmakers

Passenger vehicle sales dip 66% in May amid Covid disruptions: SIAM

Sales fell to 88,045 units

Performance, consistency and technique are what define perfection: Kohli

Kohli has continued his association with Audi India, the German luxury automobiles manufacturer.

Skoda Auto launches new version of Octavia, price starts at Rs 25.99 lakh

Skoda Auto India on Thursday launched the new version of its premium sedan Octavia with price starting at Rs 25.99 lakh. The fourth-generation Octavia is powered by a 2-litre petrol engine delivering power of 190 PS and returning fuel efficiency of 15.81 km/litre, Skoda Auto India said in a statement. It is available in two variants -- Style priced at Rs 25.99 lakh and Laurin & Klement tagged at Rs 28.99 lakh (ex-showroom India). Skoda Auto India Brand Director Zac Hollis said when Octavia was introduced 20 years ago, it changed the dynamics of the executive sedan segment - "one that continues to offer significant growth potential, catering to a burgeoning class of discerning buyers with a penchant for luxury, as well as the right value proposition". "Having retained its characteristics of design, safety, technology, performance, space and comfort, the allnew Octavia is a compelling combination and will continue to drive Skoda Auto's success in the Indian market," he added. The ..

Former Volkswagen boss to pay firm $13 million over diesel scandal

This is in connection to his failure to quickly get to the bottom of the scandal over diesel engines rigged to cheat on emissions tests.

Tata Motors to discontinue select variants of compact SUV Nexon.

At present, Nexon is available in 20 variants offering product propositions at different price points

Madras HC orders Tamil Nadu to set uniform Covid-19 rules for carmakers

The Madras High Court on Tuesday directed officials to visit the factories of car makers near here, including that of Renault-Nissan, to put in place uniform COVID-19 guidelines like maintenance of physical distance between workers in such premises. The Directorate of Industrial Safety (DIS) was directed by the court to depute representatives to visit the manufacturing facility of Renault-Nissan and others this week. This is to ensure that uniform guidelines are imposed and if a departure is necessary, the special reasons for it should be indicated, the first bench of Chief Justice Sanjib Banerjee and Justice Senthilkumar Ramamoorthy said. The present norms being followed may not be tweaked by the Renault management, the bench said. The court was passing further interim orders on the public interest writ petition from the workers union, by its president Balaji Krishnan. The plea challenged the May 8 notification of the Revenue Disaster Management department, which gra

General Motors raises forecast, says chip shortage not as bad as feared

Full-year net income is expected to be between $6.8 billion and $7.6 billion.

BMW launches contactless vehicle service initiative for customers in India

As per the initiative, customers can select the required type of service, choose a convenient date and time slot along with the nearest BMW workshop.

Local lockdowns to dent automobile month-on-month wholesale numbers

In May inquiries were significantly lower than normal levels, except in 'Tractors': Report

Lockdowns drag down vehicle registration to 9-month low in April: FADA

Development derails the recovery that had begun in June 2020

Mahindra Group to open MADE, a design centre for mobility products in UK

The firm will be the second from India to enter UK for designing cars and SUVs, after Tata Motors set up the European Technical Centre in Coventry in 2005

Maruti Suzuki may halve production capacity as lockdowns hit sales

Maruti isn't the only carmaker feeling the pain

April auto sales show impact of coronavirus lockdowns, says report

The lockdowns have put the brakes on the recovery of the sector

Covid: Amid localised lockdowns, auto firms log subdued sales in April

Major automobile manufacturers Maruti Suzuki, Hyundai Motor, Tata Motors and Kia on Saturday reported a decline in passenger vehicle sales in April compared to March this year as the second wave of the coronavirus pandemic hit dispatches. However, Mahindra & Mahindra along with Honda Cars India posted sequential growth in their passenger vehicle sales last month. Sales in April this year are not comparable with that of the corresponding month a year ago as companies had reported zero sales due to the nationwide lockdown imposed to curb the outbreak of the COVID-19 pandemic in the country. The country's largest carmaker Maruti Suzuki India (MSI) reported a 4 per cent decline in total sales to 1,59,691 units in April as compared to 1,67,014 units in March this year. Similarly, Hyundai Motor India Ltd (HMIL) posted total sales of 59,203 units in April 2021, a decline of 8 per cent from 64,621 units it had sold in March this year. HMIL Director (Sales, Marketing and Service) Tarun ...

Honda Cars posts 28% rise in domestic sales in April over March

Honda Cars India on Saturday reported a 28 per cent increase in its domestic sales to 9,072 units last month as compared to 7,103 units in March this year. The company said it has exported 970 units in April. "The current health calamity has struck the entire nation and at this time nothing is more important than the health and well-being of our countrymen. Of course, it has had an impact on the business and deliveries in the marketplace," Honda Cars India Senior Vice President and Director (Marketing & Sales) Rajesh Goel said in a statement. Many parts of the country have been on safety-related lockdowns in the last couple of weeks and the industry may see this continuing in May as well, he noted. "We are working closely with all our stakeholders and assisting in every possible way to tide through this situation," Goel noted.

Covid impact: Maruti Suzuki total sales decline 4% in April

The country's largest carmaker sold 159,691 units in April as compared to 167,014 units in March

Tata Motors sales slump 41% to 39,530 units in April against March

The firm sold 66,609 vehicles in March this year.

Second Covid-19 wave may pose downside risk to domestic auto demand: Report

The second wave of Covid-19 could pose downside risks to the domestic auto industry demand in the near term: report

China, global economic recovery boost profit at automaker Daimler

German car and truck maker Daimler AG says net profit rebounded strongly to 4.4 billion euros (USD 5.3 billion) in the first three months of the year

Honda aims for 100% electric vehicles by 2040, says new CEO Mibe

Mibe said Honda will invest a total of about 5 trillion yen ($46.3 billion) in research and development initiatives