Page 26 - Auto

Domestic air passenger traffic grows 5.1% to about 138.9 mn in May: ICRA

According to the agency, the domestic air passenger traffic for FY24 was around 154 million, with a year-on-year growth of around 13 per cent

China gives 1st approvals for public trials of advanced autonomous driving

The auto industry has defined five levels of autonomous driving, spanning driver assistance features such as cruise control at level one to fully self-driving cars at level five

Volvo to issue world's first EV battery passport ahead of EU regulations

Volvo owners can access a simplified version of the passport using a QR code on the inside of the driver's door

Post FAME-II: EV sales dip on incentive cuts, polls, and hybrid shift

Sector experts suggest that the sharp decline could be due to a combination of factors such as changes in government policies, customers shifting interest towards hybrids, and general elections

Centre must encourage both hybrids and EVs, says Maruti Suzuki India

As India aims for carbon neutrality by 2070, automakers are divided over the best pathway

Hyundai sales up 7% at 63,551 units, sells total 59,601 units in May

Domestic dispatch of vehicles to dealers saw 1 per cent rise to 49,151 units last month from 48,601 units in the year-ago period

Automaker Stellantis appoints Shailesh Hazela as CEO, MD of India ops

Stellantis operates three manufacturing plants (Ranjangaon, Hosur, Thiruvallur), an ICT hub (Hyderabad), Software Centre (Bengaluru), and two R&D centers in Chennai and Pune

May sees electric two-wheeler sales revving up, led by Ola Electric

Led by Ola Electric, overall electric two wheeler sales have gone up by around 12 per cent in May over the previous month

Why the unorganised sector, thanks to e-rickshaws, leads India's EV growth

While everyone's attention is riveted on electric two-wheelers and cars, e-rickshaws have proliferated, putting the unorganised sector in the forefront

Car dealers may be staring at inventory stockpile exceeding 400,000 units

Automobile manufacturers said a record inventory of 400,000 vehicles valued at Rs 44,000 crore can be expected by the end of May due to less demand

EV incentive scheme FAME 3 to roll out with Rs 10,000 crore outlay

Companies seeking incentives for the sale of electric vehicles will be required to apply for fresh certification under FAME-III

European auto company Skoda-VW hits 1.5 million output mark in India

30% of the Group's India production is exported

Hyundai inaugurates EV charging station in Chennai, plans 100 facilities

EV owners can access the charging facility on HMIL's own Charger Management System in the myHyundai App

Expect sales to grow faster than industry this fiscal: JLR India official

The automaker aims to double its business in India over the next three years

India to make JLR's Range Rover for first time, delivery starts May 24

Prices of 'flagship car' and its sport variant will reduce by 18-22%, say senior executives of Tata Motors-owned company

Share of passenger vehicle output geared for export at 10-year low in 2023

India's share of production geared for export is the lowest in Asia, trailing South Korea, Thailand, Japan, and Indonesia

Surge in demand for 'young' used cars outpaces supply, drives prices north

SUVs set to reach 45% of used car market soon

Affordable mass electric vehicles key to unlocking demand in Indian market

A compact, budget-friendly electric car from a major Indian manufacturer, could be the tipping point for widespread EV adoption

Mahindra Scorpio N Adventure edition rolled out in South African market

The off-road-ready Mahindra Scorpio N Adventure edition has been launched in South Africa. However, there are no reports of Mahindra bringing it to India

Tyre manufacturers Ceat and Apollo to hike prices as input costs soar

Crude prices, which hovered around $88 to 90 over the past three months, represent a 6 to 8 per cent increase from the previous quarter, adding further strain on manufacturers' margins