Page 14 - Carmakers

Need to promote decent and sustainable work in automotive industry: ILO

There is an urgent need to invest in education, training and life-long learning for all in the automotive industry, ILO said

Renault warns of difficult year after record $9.7 billion loss

Renault Chief Executive Luca de Meo warned of lingering headwinds in 2021

Maruti Suzuki weighing its options on launching Jimny in India

The carmarker is evaluating the feasibility of launching its off-roader Jimny in the domestic market

FADA initiates annual study to identify gaps between OEM, dealers

Automobile dealers' body FADA on Wednesday said it is initiating an annual dealer satisfaction study

Mahindra & Mahindra hints at hiking vehicle prices in Q1 next fiscal

Mahindra & Mahindra Ltd on Friday hinted at a possible price hike of its range of vehicles in the next few months due to rising commodity prices. The company, which was recently reported to have cut jobs in its North American operations, is likely to reduce it further even as it prepares to launch its off-roader vehicle Roxor. "We have just taken some price increase in January and unless things come under control we would probably be taking one again in Q1 of the next financial year," Mahindra & Mahindra (M&M) Executive Director Automotive & Farm Sectors Rajesh Jejurikar told reporters in a virtual post-earning press conference. He was responding to a query on the impact of rising commodity prices and how the company was planning to offset it. Jejurikar further said, "We do try to mitigate this kind of commodity increase with other internal cost measures, both on material cost and value engineering, and managing fixed cost. So typically when we have this kind of ...

Honda begins export to left hand drive countries to boost India business

The firm said it has started exporting vehicles from India to left hand drive nations to strengthen its business here in the country

Ford to recall 3 million vehicles for air bags at $610 million cost

The recall includes 2.7 million US vehicles

Honda City tops mid-sized sedan segment in 2020 with sale of 21,826 units

Honda Cars India on Friday said its mid-sized sedan City led the segment last year with cumulative sales of 21,826 units

Commodity inflation for auto sector to be offset by price hikes

The automobiles sector is expected to face commodity cost inflation which will be offset by price hikes, lower discounts, cost cutting, and operating leverage

BMW India sales decrease 31% to 6,604 units in 2020 amid pandemic crisis

German carmaker BMW on Friday reported a 31.5 per cent dip in its sales at 6,604 units in India last year as the COVID-19 pandemic hit dispatches

Automaker forced to airlift raw material as container shortage bites

Companies halt production or pay 2-3 times extra to get slots in ships and containers

Maruti Suzuki's production rises 34% at 1,55,127 units in December

Maruti Suzuki India, the country's largest carmaker, on Wednesday said its total production in December 2020 increased 33.78 per cent

Toyota drives in new Fortuner in India with price starting at Rs 29.98 lakh

Toyota Kirloskar Motor (TKM) on Wednesday launched the new version of its premium SUV Fortuner

Tata Motors to re-launch flagship SUV Safari in a new avatar this month

The new Safari has been designed and developed to appeal to the new age SUV customers

French automaker Renault to unveil compact SUV Kiger on Jan 28

Renault on Tuesday said it will unveil its upcoming compact SUV Kiger in India later this month

FCA India to expand local product line-up with $250 mn investment

Automobile manufacturer FCA will expand local product line-up in India with an investment of over $250 million

Nissan to ramp up production, hire 1000 workers at Chennai car plant

Nissan plans to boost production to up to 4,000 cars a month from 2,700 cars currently

Hyundai Motor India starts export of all-new i20 premium hatchback

Hyundai Motor India Ltd (HMIL) on Monday said it has started exports of its all-new i20 premium hatchback

Ford unveils 2021 line-up of compact SUV EcoSport; starts at Rs 7.99 lakh

Ford India on Monday introduced the 2021 line-up of its compact SUV EcoSport with features such as sunroof in the Titanium Trim, enhanced connectivity features and an enhanced warranty at a starting price of Rs 7.99 lakh. The SUV comes in five trims -- Ambiente, Titanium, Titanium +, Trend and Sports, according to a release. The American car maker, which recently called off its proposed partnership with domestic auto major Mahindra & Mahindra, had rolled out the sub-4 meter SUV EcoSport first time in the Indian market in June 2013. Ford's product portfolio in India currently comprises six cars -- Figo, Freestyle, Aspire, EcoSport, Endeavour and Mustang. In the tradition of bringing what consumers want and value, we are happy to bolster the EcoSport line-up and make every variant compelling in terms of features and value, said Vinay Raina, executive director Marketing, Sales and Service at Ford India. With the new line-up, we have not just addressed the customer feedback on making

Auto sales take fast lane in Dec; carmakers see double-digit rise in sales

The country's largest passenger vehicle manufacturer sold 124,375 units in the year-ago period.