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AUTO TRAVEL NEWS - Page 8
India car sales plunging — what’s behind it?Subscriber Only
August 16, 2019 12:45 IST
India's automotive sector is facing a crisis, with a sharp decline in sales forcing manufacturers to cut back on production. Industry insiders warn that hundreds of thousands of jobs are at risk.
Hero MotoCorp manufacturing plants to remain shut for 4 days till Aug 18Subscriber Only
August 16, 2019 11:02 IST
"While this has been part of the annual holiday calendar on account of Independence Day, Raksha Bandhan and the weekend, it also partly reflects the prevailing market demand scenario," the company said.
Auto industry hails PM’s assurance on co-existence of conventional engine vehicles, EVs
August 14, 2019 22:27 IST
Society of Indian Automobile Manufacturers President Rajan Wadhera said the assurance is completely in-line with SIAM's recommendations that all relevant technologies should co-exist in India's journey towards sustainable mobility.
‘First’ Porsche heads to auction, and a record price is expectedSubscriber Only
August 12, 2019 21:46 IST
Viewed strictly as a car, the Type 64, while advanced for its time, is hardly impressive by today’s standards.
Maruti Suzuki launches BS-VI compliant Ertiga, price starts at Rs 7.54 lakh
August 8, 2019 16:01 IST
Commenting on the development, MSI Executive Director, Marketing and Sales Shashank Srivastava said, "With the new BS-VI compliant petrol engines, much ahead of the government deadline, we reinforce our commitment towards cleaner environment."
Indian auto executives seek tax cuts, easier finance access to revive sales
August 7, 2019 20:26 IST
Representatives from the auto, auto components and dealers trade bodies as well as officials from the ministries of finance, heavy industries and road transport were also present.
Honda reports profit drop on yen, declining US, India sales
August 2, 2019 14:01 IST
Japanese automaker Honda has reported a 29% decline in fiscal first quarter profit as an unfavorable currency exchange and declining auto sales in the U.S. and India hurt earnings
Maruti Suzuki reports 33% dip in July sales at 1,09,264 units
August 1, 2019 13:04 IST
Domestic sales declined by 36.3 per cent at 98,210 units last month as against 1,54,150 units in the year-ago month, Maruti MSI said in a statement.
BMW drives in X7 model in India priced at Rs 99 lakh
July 25, 2019 15:40 IST
BMW India said it will locally produce diesel variant of X7 from its Chennai plant while importing the petrol version as a completely built-up unit (CBU).
2020 Chevy C8 Corvette is here to ‘deliver a thrill on every drive’
July 19, 2019 18:12 IST
2020 Chevy C8 Corvette: With no traditional long hood, front fenders, it has been replaced by a downward-sloping snub nose and short fenders. The tapered hatch at the back opens to a small trunk which boasts of a 6.2 litre 495-horsepower engine.
E-drive: High voltage, low chargeSubscriber Only
July 14, 2019 07:49 IST
Budget incentives, a mission plan, and a 2030 target show the govt’s intention to get India’s sluggish electric vehicle market going. However, from infrastructure and price bar, to policy confusion and a worried market, there is a long way to go. The Indian Express on the many speed breakers
Honda Cars India launches new variant of WR-V at Rs 9.95 lakh
July 12, 2019 11:36 IST
The new V grade comes with advanced and comfortable features, including 17.7cm touchscreen infotainment with navigation, steering mounted controls, one push start or stop button, it added.
Slowdown deepens: Sale of passenger cars fall for eighth consecutive month
July 11, 2019 07:41 IST
Passenger vehicle sales have witnessed a fall in 11 out of the last 12 months with October 2018 being the only exception with marginal expansion. The decline was across the board with both two-wheeler and car sales witnessing a double-digit decline.
Hyundai Kona SUV: Post Budget EV push, first big electric launch in IndiaSubscriber Only
July 10, 2019 09:31 IST
Hyundai Kona SUV launched: S S Kim, MD and CEO, Hyundai India Limited, told The Indian Express that while the car will contribute in setting some electric vehicle culture in Indian market, lack of infrastructure is the biggest challenge.
Ford to cut 12,000 jobs in Europe by end of 2020
June 27, 2019 17:43 IST
The challenge of investing in electric, hybrid and autonomous vehicles while having to overhaul combustion engines to meet new clean-air rules, has forced Europe's carmakers to slash fixed costs and streamline their model portfolios.
MG Motors launches Hector in India priced at Rs 12.18 lakh
June 27, 2019 18:36 IST
The Hector has a 10.4 inch HD Touch Screen giving easy access to information, and complete control. MG calls it the 'Internet car' ready to take on SUVs in the auto market.
GST Council to consider reducing tax on electric vehicles, Lok Sabha told
June 24, 2019 16:05 IST
Minister of State for Finance Anurag Thakur was replying to a question asked by BJP MP Varun Gandhi during the Question Hour. "The matter has been placed before the GST Council and will be considered. As of now, it is pending before the council," he said.
Kia Motors announces global debut of SUV Seltos in IndiaSubscriber Only
June 20, 2019 20:27 IST
The Seltos has been designed and developed keeping the Indian market in mind but will be exported from the company's plant in Anantapur, Andhra Pradesh, to Middle East, Africa, Latin America and other Asian countries.
Maruti hikes Dzire price by up to Rs 12,690
June 20, 2019 19:00 IST
Maruti Suzuki Dzire price hike: The new price will be effective from June 20.
Ducati launches Hypermotard 950 in India at Rs 11.99 lakh
June 12, 2019 21:55 IST
Combining the minimalistic, aggressive and visual features of the Hypermotard 1100, another luxury bike model from Ducati, the Hypermotard 950 is priced at Rs 11.99 Lacs.
Suzuki developing electric two-wheeler for Indian market
June 11, 2019 21:02 IST
The government has proposed to ban the sale of non-electric two-wheelers that are below 150 cc by 2025.
Renault rift with Nissan widens over governance, casts shadow on alliance
June 10, 2019 19:14 IST
Renault, which owns 43.4% of the Japanese firm, signalled it would block Nissan from formally adopting an overhauled governance structure at a June 25 shareholder meeting - unless Renault received representation on new Nissan committees.
Ford to close Wales engine plant in 2020: Union
June 6, 2019 16:47 IST
Ford is making cuts in several markets to turn around loss-making operations and has also repeatedly warned the British government that it needs free trade to be maintained with the European Union after Brexit, the terms of which remain unclear.
Hyundai revs up competition in compact SUV segment with ‘Venue’
May 22, 2019 07:55 IST
The new model has been positioned as India's first connected car based on the company's BlueLink technology equipped with 33 artificial intelligence and connected features, of which 10 have been specially designed for the Indian market.
Bajaj Auto defies market sentiment; slips nearly 3% in early trade
May 20, 2019 12:12 IST
The shares of Bajaj Auto opened at Rs 3,071, but lost ground and touched Rs 2,953.95, down 2.88 per cent over its previous close of Rs 3,041.80.
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