Page 15 - Passenger Vehicles
Tata Motors increases passenger vehicle prices by 0.8% effective Aug 3
Tata Motors on Monday said it has increased prices of its passenger vehicles by 0.8 per cent with effect from August 3. The Mumbai-based auto major, which sells models like Nexon and Harrier, will increase prices of its passenger vehicles on an average of 0.8 per cent depending on the variant and model, Tata Motors said in a statement. The company noted that it would offer protection from the price increase to vehicles that will be retailed on or before August 31. For the well-being of its business and supporting ecosystem, the company had recently announced that it has set in motion a comprehensive Business Agility Plan' to protect and serve the interests of its customers, dealers and suppliers. Last week, the automaker had noted that it is looking to increase prices of its entire range of passenger vehicles to offset the steep rise in procurement cost of essential materials like steel and precious metals. Tata Motors President Passenger Vehicles Business Unit (PVBU) Shailesh Cha
 "Tata Motors increases passenger vehicle prices by 0.8% effective Aug 3")
Demand revival puts auto sales in top gear, Maruti posts 50% growth
Analysts tracking the sector said that they expect auto sales to be strong in the second half of the financial year
 "Demand revival puts auto sales in top gear, Maruti posts 50% growth")
EVs to account for 25% of Tata Motors' PV sales: N Chandrasekaran
At present, EVs account for 2 per cent of the company's passenger vehicle (PV) sales
 "EVs to account for 25% of Tata Motors' PV sales: N Chandrasekaran")
Covid impact on ambulance sales: Data & surprising takeaways
What happened to ambulance sales during the pandemic? Business Standard looked at some of the available data, and the takeaways were quite surprising. Watch the video
 "Covid impact on ambulance sales: Data & surprising takeaways")
Car sales double to over 200,000 in June, says automobile body Siam
Three-wheeler sales declined to 9,397 units last month as against 10,300 units in the same period last year
 "Car sales double to over 200,000 in June, says automobile body Siam")
Flex-fuel engines: Roadmap, benefits and challenges for Indian auto sector
What are flexible fuel vehicles or FFVs? What is the benefit of using such vehicle? To know this and more, listen to the podcast
 "Flex-fuel engines: Roadmap, benefits and challenges for Indian auto sector")
PV recovery, EV potential likely to drive Minda Industries' growth
An engine agnostic portfolio also reduces the EV transition risk
 "PV recovery, EV potential likely to drive Minda Industries' growth")
Icra downgrades growth peg of various auto segments due to second wave
Unlike the first wave, which was largely limited to urban clusters, the second wave has seen deeper and wider penetration, including rural hinterlands
 "Icra downgrades growth peg of various auto segments due to second wave")
Long road to recovery: Covid-19 lockdown hits vehicle sales, shows data
Sales of two-wheelers during April stood at 995,097, 39 per cent lower than in April 2019
 "Long road to recovery: Covid-19 lockdown hits vehicle sales, shows data")
April auto registrations fall 32% due to Covid surge, local lockdowns: FADA
Automobile registrations across the country dropped by 32 per cent last month as compared to April 2019 with passenger vehicles showing a decline of over 11 per cent, FADA said on Monday
 "April auto registrations fall 32% due to Covid surge, local lockdowns: FADA")
French carmaker Citroen drives into India with Rs 29.9-lakh C5 Aircross SUV
In a first, company to deliver car at customer's doorstep from the factory
 "French carmaker Citroen drives into India with Rs 29.9-lakh C5 Aircross SUV")
Tata Motors passenger vehicles segment ends fiscal 2021 on strong note
Company's SUVs and car sales see a record 422% YoY y jump in March
Passenger vehicles likely to see higher revenue growth next fiscal: Report
Passenger vehicles and two-wheeler dealers in the country are expected to see higher revenue growth and profitability in the next fiscal, the report said
Car sales rise but 2-wheelers drag sector into the red: FADA data
According to FADA data, two-wheeler numbers dropped 16% in February, while passenger vehicles' grew 10.5%
 "Car sales rise but 2-wheelers drag sector into the red: FADA data")
Top headlines: Brent hops past $70; Tata Motors to hive off PV business
Business Standard brings you top news of the evening
 "Top headlines: Brent hops past $70; Tata Motors to hive off PV business")
Passenger vehicle sales in India up 11% to 2,76,554 units in January: SIAM
As per the latest data by Society of Indian Automobile Manufacturers (SIAM), two-wheeler dispatches to dealers also rose 6.63 per cent to 14,29,928 units, compared to 13,41,005 units in January 2020
 "Passenger vehicle sales in India up 11% to 2,76,554 units in January: SIAM")
Shortage of semiconductors, price hikes pull January auto sales into red
Dec had seen sales grow for 1st time this FY, which dealers called a one-off
 "Shortage of semiconductors, price hikes pull January auto sales into red")
Not looking at three-way merger now: Revankar of Shriram Transport
In a Q&A, the firm's MD &CEO says as fleets resume plying, recast requests are likely to be lower than the 3% that the company had earlier planned
 "Not looking at three-way merger now: Revankar of Shriram Transport")
Tata Motors expects to complete PV biz hive-off by June this year
Tata Motors expects the process of hiving-off its domestic passenger vehicles (PV) unit to be completed around May-June this year
 "Tata Motors expects to complete PV biz hive-off by June this year")
Tata Motors to hike prices of passenger vehicles by up to Rs 26,000
The company had earlier increased prices of commercial vehicle range, from 1 January