Page 22 - Auto

The road ahead: Steel recycle mandate for automakers on the anvil

Starting FY26, at least 8% steel used in vehicles sold 20 yrs ago may have to be reprocessed

Toyota, Maruti launch hybrid push in UP to capitalise on tax waivers

The waivers have split India's auto industry, with Tata Motors, Mahindra and Mahindra and Hyundai arguing their sales of pure electric cars will suffer

48% tax on hybrid cars and 5% on EVs to stay for long: Amitabh Kant

Major car makers such as Maruti Suzuki India and Toyota Kirloskar Motor have been asking for lowering of taxes on hybrid cars

Kia tops Fada's overall customer experience index in mass-market space

In the luxury segment, Audi takes the top spot

Hero MotoCorp planning to invest Rs 900 cr in 3-wheeler startup Altigreen

If the transaction goes ahead, this will be the second largest investment by Hero in an electric vehicle (EV) maker

Sales of electric vehicles in August decline 13% to 156,199 units

But, despite this decline, August sales still represented the third-highest monthly total this year, following March and July

Commercial vehicle wholesale volume likely to grow up to 3% in FY25: ICRA

Change in projection is due to better-than-expected volume growth in first four months of the current fiscal and expectations of a marginal uptick in demand in the second half of the year, Icra said

Tata Motors launches new Curvv SUV Coupe; priced at Rs 9.99 lakh

With its introductory pricing set to attract a wide range of consumers, the Tata Curvv will challenge established players like Hyundai Creta and Kia Seltos in the mid-SUV segment

Maruti Suzuki cuts price of select Alto K10 & S-Presso modes; details

Maruti Suzuki reported a nearly 3.9 per cent decline in sales for August 2024, with 181,782 units sold compared to 189,082 units in August 2023

Automotive players gear up for festive season with dealership expansion

Maruti Suzuki, India's leading car manufacturer, recently celebrated the inauguration of its 500th Nexa outlet

Bumpy ride: High stock, low demand drive domestic car sales down 2-3%

Domestic car wholesales saw a decline for a second straight month in August

Maruti Suzuki total sales dip 4% year-on-year to 181,782 units in August

Total domestic passenger vehicle wholesales were at 143,075 units last month as compared with 156,114 units in the year-ago month, a dip of 8 per cent

Bajaj Auto looks to pip TVS to second spot in electric 2-wheeler market

The Pune-based giant, which was trailing far behind TVS just two months ago in e-two-wheelers (e2Ws), has upped the ante

Italian carmaker Maserati banking on entrepreneurs to drive India story

Maserati, which currently operates just a single dealership in India, sold less than 50 cars in the country in 2023

Entry-level bike sales in slow lane despite rural demand turnaround

Between April and July 2024, 125cc segment saw 21% growth against 46.5% in 125-150cc segment

Mahindra, Volkswagen near joint venture agreement for electric SUVs: Report

The proposed joint venture will concentrate primarily on the development of battery-powered SUVs for both the Indian and international markets, although it will also encompass fossil fuel-based models

Honda Shine revs past Bajaj Pulsar as second best-selling motorcycle

Unicorn's sales swelled 117.6 per cent Y-o-Y to 163,090 units in the January-July period this year, making it the ninth best-selling motorcycle model in the country

BS@50: Climate change of another kind in India Inc's 50-year journey

India Inc waded through a stifling 'external environment' and unbridled competition. But Big Govt refuses to go away

Auto majors to offer discount on new vehicles against scrappage certificate

The statement further said Mercedes Benz India has offered a flat discount of Rs 25,000, which will be over and above all existing discounts

Will have 10 days' dealer stock by year-end: Maruti Chairman R C Bhargava

Currently, Maruti dealers hold inventory for 38 days