Honda to hike prices of entire model range by up to Rs 30,000 from Jan
Japanese car maker Honda on Friday said it is planning to increase prices of its entire model range by up to Rs 30,000 from January to partially offset the impact of rising input costs and prepare...
View ArticleBanks reluctant to lend to e-bus makers on concerns of recovery of dues
Lack of funding is limiting the ability of e-bus makers to participate in federal govt tenders to supply to states, the sources told, threatening to slow the electrification of major public transport
View ArticleIndian automobile industry looks to sustain growth momentum in 2023
The Indian automobile industry is setting out on a journey with hopes for a sustained growth momentum in 2023 and further embracing clean technology amid the lurking speed breakers of rising interest...
View ArticleBMW Motorrad India expects sales to cross 7,000 units mark next year
BMW Motorrad, the two wheeler division of the German luxury car maker, expects sales to grown in double digits next year as well as it remains bullish on the long term growth prospects of the country....
View ArticleDucati India to hike prices of entire range of motorcycle from Jan
Italian superbike maker Ducati on Monday said it will hike the prices of its entire range of motorcycles in India from January 1. The company, however, did not disclose the quantum of the hike. Ducati...
View ArticleValue of components supplied to passenger car OEM increasing: Data
Share of value of components supplied to the two-wheeler market goes down
View ArticleAuto components industry grows 34.8% to Rs 2.65 trillion in H1 of FY23
India's auto components industry witnessed a 34.8 per cent growth to Rs 2.65 lakh crore in first-half of 2022-23, riding on domestic demand, particularly from the passenger vehicles segment, the...
View ArticleMaruti Suzuki signs 5-year pact with Kamarajar port for PV exports
Maruti Suzuki India Ltd on Thursday said it has signed a five-year pact with Kamarajar Port Ltd for export of its passenger vehicles to international markets. Under the agreement starting December...
View ArticleChinese EV firm Xpeng Aeroht's $1,40,000 car can fly over traffic jams
"The flying car is approaching reality and we think it was the right time to chip in," Brian Gu, Xpeng's president, said on the sidelines of the Dubai event, called GITEX
View ArticleAirbag industry in India expected to grow to Rs 7,000 cr by FY27: Icra
The industry size of airbags, a key safety feature in vehicles, is expected to grow to up to Rs 7,000 crore by FY2027 in India, from the current levels of around Rs 2,500 crore, according to ratings...
View ArticleToyota Motor's new Innova HyCross priced at Rs 18.30 lakh onwards
Toyota Kirloskar Motor on Wednesday said the new hybrid version of its multi-purpose vehicle Innova will be available at a price starting from Rs 18.30 lakh (ex-showroom). The Bengaluru-based auto...
View ArticleTREM IV emission norms may impact 7-8 % of domestic volume, says ICRA
The new emission standard, Bharat Stage TREM IV, for tractors of engine power of over 50 horse power set to kick in from January 2023, will impact around 7-8 per cent of the domestic volume and...
View Article15 electric auto-rickshaws catch fire near charging station in Gujarat
As many as 15 electric auto-rickshaws, part of a fleet used to ferry tourists around the Statue of Unity in Gujarat's Narmada district, were gutted in a fire early Thursday morning, officials said. The...
View ArticleEicher Motors to invest over Rs 440 cr in electric bike firm Stark Future
Eicher Motors Ltd on Thursday said it will acquire a 10.35 per cent equity stake in Spanish electric motorcycle maker Stark Future for 50 million euros (over Rs 440 crore). The acquisition is part of a...
View ArticleHero MotoCorp commences VIDA V1 electric scooter deliveries in Bengaluru
Hero MotoCorp on Friday said it has commenced customer deliveries of its first electric scooter VIDA V1. The first electric vehicle of the brand was delivered in Bengaluru. Deliveries in Jaipur and...
View ArticleElectric two-wheeler sales may miss FY23 target of 1 mn units by 20%: SMEV
Electric two-wheeler sales could miss the target of 10 lakh units in fiscal 2022-23 by 20 per cent, mainly due to withholding of around Rs 1,100 crore subsidy by the government, according to industry...
View ArticleMG Motor India retail sales rise 53% to 3,899 units in December 2022
MG Motor India on Sunday reported a 53 per cent rise in retail sales at 3,899 units in December 2022. The company had sold 2,550 units in the same month in 2021. The twin challenges of the pandemic and...
View ArticleEV industry ends 2022 with one million unit sales; worries loom ahead
Despite consumer interest EVs, reluctance on the part of the auto industry to invest more in them, lack of long-term policy and the rising number of Covid cases put the sector at risk
View Article2022 car sales zoom 23% to record high of 3.8 mn; 14% higher than 2018 peak
This is mainly on pent-up demand and better semiconductor chip supply
View ArticleAided by SUVs, Hyundai Motor India posts highest-ever sales in 2022
The rise is mainly credited to better performance in the sports utility vehicle (SUV) segment by the company and the industry
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