Page 28 - Auto

Toyota reports booming profit, vows to invest to keep growth going

The results exceeded than Toyota's own projection for a 4.5 trillion yen ($29 billion) profit, as its global sales surged to 9.4 million vehicles from 8.8 million vehicles in the previous fiscal year

Election uncertainty could hurt Indian auto sales in May, says Fada

Analysts say concerns around how a new government's financial policies could affect peoples' income, and could discourage consumers from buying vehicles

Tata Motors tops Indian auto market with Punch Mini SUV, beats Maruti

In March 2024, Tata's Punch achieved a significant milestone by outselling Maruti's long-reigning WagonR, with 17,547 units compared to 16,368 sold by the latter

Car dealers may have to pay 18% GST on sale of demonstration cars

The ruling has evoked sharp criticism from experts who say it may lead to litigation

Tesla lays off more staff in software, engineering, service teams: Report

The EV maker has been under pressure from dropping sales and an intensifying price war among automakers as elevated interest rates have slowed the adoption of electric vehicles

Over 90% of fund gets used before FAME deadline; supports 1.5 mn vehicles

Government officials stated that some more funds will also be utilised for vehicles that were sold before 31 March but have not yet applied for incentives

Large order book, EV growh to drive auto parts maker Sona's growth

Company gains market share in its top three markets of North America, India, EU

Bajaj Pulsar NS400Z launched in India: Price, specs, features, and more

Bajaj Auto Ltd has launched its largest Pulsar model, the Pulsar NS400Z, marking a significant addition to its iconic motorcycle lineup. To know all about it, read on

Expect India to become 2nd largest market for Citroen in 5 years: CEO

"India is an important market for Citroen and in a few years, it will become the second biggest market for us after our home market France," Koskas told PTI here in an interview

Domestic sales of 4 major two-wheeler manufacturers zoom in April

Hero MotoCorp, Honda Motorcycle & Scooter India, TVS Motor, and Bajaj Auto collectively dominate approximately 80 per cent of the total two-wheeler market in the country

Mahindra sales up 13% in April at 70,471 units, PV sales at 41,008 units

Total exports increased 2 per cent to 1,857 units last month from 1,813 units in the year-ago period

Small (car) is beautiful

If you look at the sales numbers of various models, they tell an interesting story

Tesla retreats from next-generation gigacasting manufacturing process

Tesla and Musk have said gigacasting helps the automaker reduce costs over the long term. But the process requires large initial investments

Domestic PV sales rise by just 1.76% due to high base effect, elections

This year, the growth is anticipated to be modest, likely in the single digits

Maruti Suzuki expects reincarnation of small car segment by 2026-end

The small car segment, which had once dominated the Indian total passenger vehicles market, accounts for less than 30 per cent at present

Hyundai's India unit, Tata Motors post higher April sales, Eicher sales dip

The sales numbers are seen as a key indicator of private consumption in India. The auto sector has more than 50% weightage in calculating the country's economic growth

Harley-Davidson motorcycles launched in India, prices begin at 13.39 lakh

Harley Davidson and Hero MotoCorp announced prices of the upcoming motorcycles in India. The motorcycle price begins at Rs 13.39 lakh (ex-showroom)

Hyundai sales rise 9.5% to 63,701 units in April; exports at 13,500

The automaker had dispatched 58,201 units in the same month last year

Toyota's April 2024 wholesales rise 32% to 20,949 units, exports at 1,794

Last month, the company said its domestic sales accounted for 18,700 units while exports totalled to 1,794 units

Why rise of hybrid cars is being seen as vital transition phase to electric

The global market for electric passenger vehicles is concentrated in three areas: China, the US, and Europe, which accounted for 95 per cent of global electric sales last year