Page 5 - Passenger Vehicle

PV makers to see cumulative earning loss of Rs 2,000 crore in FY22: Icra

The industry is estimated to lose production of 500,000 units at the end of FY22 due to chip crunch

Semiconductor crisis keeps passenger vehicle sales in slow lane in November

Industry non-committal on time frame by which production will get to normal. Total Overall passenger vehicle sales during the month declined 14% YoY to 286,000 units

Amid chip shortage, passenger vehicle dispatches drop 41% in Sept: SIAM

Passenger vehicle wholesales in India witnessed a decline of 41 per cent year-on year in September as automobile manufacturers struggled to produce adequate units owing to semiconductor shortage

Vehicle registration rose 15% in August 2021, but lags 2019 volumes: FADA

Recovery patchy for two-wheelers, dragged down by low entry-level demand

Automobile sales skid on chip shortage; dealers stare at supply crunch

Maruti reported a 19% decline in total sales at 130,699 units in August, as against 162,462 units in the previous month

Govt plan for private train operators halted in its tracks?

Indian Railways’ invitation for private companies to run trains has received a lukewarm response, with only two companies – state-run IRCTC and Megha Engineering and Infrastructures – participating in the bidding opened last month for public-private partnerships in passenger train operations

Big miss for Maruti Suzuki as Q1 net profit comes in at Rs 441 crore

Weak volumes, commodity costs weigh on margins

Tata Motors to remain sharply focused on high-growth segments of the market

Encouraged by turnaround in passenger vehicle business in terms of volumes, market share and brand recall, the firm is no longer in a hurry to forge JV or enter technical tie-ups

Tata Motors trades higher for 6th straight day, hits over 3-year high

Tata Motors is India's largest commercial vehicle company and fourth-largest passenger vehicle (PV) player

Maruti Suzuki hints at 'some action' in mid-SUV segment to up market share

The country's largest carmaker Maruti Suzuki India (MSI) is looking at "some action" in the mid-SUV segment for strengthening its market share in the vertical, according to a senior company official.

Tata Motors to hike passenger vehicle prices by 1.8% from May 8

Tata Motors on Friday said it will increase prices of its passenger vehicles by an average of 1.8 per cent depending upon the model and variant from May 8

At least 11 killed as truck collides with passenger bus in China

A truck collided with a passenger bus on an expressway in east China's Jiangsu Province early Sunday, killing at least 11 people and injuring several others.

Growth pace in high volume indicators slows in January, says ICRA

Five indicators - passenger vehicle output, vehicle registration, Coal India output, diesel consumption, and domestic airlines passengers - recorded contraction in January

How green are EVs? Long, winding road ahead for electric cars in India

The electric vehicle evolution in India's passenger vehicle market has remained frozen in time

Tata Motors PV vertical crosses 4 mn cumulative production milestone

The company, which over the years has produced models like the Indica, Sierra, Sumo, Safari and the Nano, had achieved the 1 million production mark for passenger vehicles in 2005-06

We continue to remain committed to India operations: Toyota Kirloskar Motor

The statement follows a Bloomberg report which said that Toyota did not plan to expand further in India

Top headlines: Voda Idea re-brands itself 'Vi', SpiceJet to pay Rs 243 cr

From Delhi High Court asking SpiceJet to deposit Rs 243 cr, Vodafone Idea rebrands itself 2 years after merger to Maruti Suzuki posting 11% rise in August production, here are top news of the evening

Passenger vehicle retail sales fall 5% in January on tepid response: FADA

Total sales across categories declined 7.17% to 1,750,116 units last month as against 18,85,253 units in the year-ago month

Railways may cut freight and passenger rates to boost slumped economy

There is helping hand for companies, as the railways may cut freight rates in a bid to boost economic growth, besides "rationalising" passenger fares

Passenger vehicle production up 4%, signaling potential recovery in sector

Sales of passenger vehicles were only marginally lower in November at 263,773 vehicles, compared with 266,000 vehicles last year