Page 5 - Auto
Subsidy fuel running low, electric two-wheeler firms race against time
With sales surpassing 100,000 in October, companies expect the trend to continue until March 31, 2025
 "Subsidy fuel running low, electric two-wheeler firms race against time")
Festive season stabilises PV sales, 2Ws jump 14%; over 393K vehicles sold
PV, 2W segments post their highest-ever domestic sales on demand spurred by Dussehra, Diwali
 "Festive season stabilises PV sales, 2Ws jump 14%; over 393K vehicles sold")
MG's Windsor sales in top gear, Tata Motors' EV monopoly under threat
Tata Motors said that it has 'done the maths' on the BaaS model, and is 'unconvinced' about its passenger vehicles
 "MG's Windsor sales in top gear, Tata Motors' EV monopoly under threat")
Mercedes takes India learnings on D2C retailing to global markets
Mercedes-Benz India, on Tuesday launched its new 'AMG C 63 S E PERFORMANCE' model equipped with F1 hybrid technology priced at Rs 1.95 crore
 "Mercedes takes India learnings on D2C retailing to global markets")
LNG trucks in India: Pvt sector entry sparks change, but challenges remain
India's LNG trucks' path is strewn with rocks, namely, poor infrastructure, high vehicle prices, lack of government support, and a highly fragmented market dominated by small transporters
 "LNG trucks in India: Pvt sector entry sparks change, but challenges remain")
New Maruti Suzuki Dzire launches at Rs 6.79 lakhs; more details inside
On November 11, Maruti Suzuki unveiled the brand-new Dzire, which starts at Rs 6.79 lakh (ex-showroom Delhi). The car will be available in four variants: LXi, VXi, ZXi, and ZXi Plus
 "New Maruti Suzuki Dzire launches at Rs 6.79 lakhs; more details inside")
Toyota to ramp up China production to bring sales, production more closer
The plan, which has not been previously reported, represents a strategic pivot by the world's top selling automaker in the world's largest car market
 "Toyota to ramp up China production to bring sales, production more closer")
Auto Expo 2025 to be held under Bharat Mobility from Jan 17-22 at 3 places
Commerce and Industry Minister Piyush Goyal told reporters that this will be the second largest expo in the world in this segment and the industry should take it to the top position
 "Auto Expo 2025 to be held under Bharat Mobility from Jan 17-22 at 3 places")
Auto retail sales up 32% in Oct as 2W, PVs shine in festival season
Inventory levels improve from record high in Sept; dealers expect business improvement to continue
 "Auto retail sales up 32% in Oct as 2W, PVs shine in festival season")
Tremendous growth opportunity in India, Apac region: Zero Motorcycles CEO
In September 2022, Hero MotoCorp's board approved an equity investment of up to $ 60 million in Zero
 "Tremendous growth opportunity in India, Apac region: Zero Motorcycles CEO")
Hero MotoCorp to expand EV business with new affordable models lined up
"So, I would say that there's a positive momentum that can come up from the rural market as you move forward. We do know that the monsoon has been good. We do know that the government has increased
 "Hero MotoCorp to expand EV business with new affordable models lined up")
Skoda Kylaq starting at Rs 7.89 Lakhs launched, deliveries to begin in Jan
Prices for the Skoda Kylaq start at Rs 7.89 lakh (introductory ex-showroom prices throughout India). The SUV will go on sale on December 2, 2024, and delivery will begin on January 27, 2025
 "Skoda Kylaq starting at Rs 7.89 Lakhs launched, deliveries to begin in Jan")
Honda reports 15% drop in Q2 operating profit, misses analyst forecasts
Honda said last week its global vehicle sales shrank 1.5per cent to 2.8 million over the first nine months of the year, as a hefty 29per cent drop in China and a 6 per cent fall in Asia and Oceania
 "Honda reports 15% drop in Q2 operating profit, misses analyst forecasts")
Hero MotoCorp plans to enter Europe, UK markets in second half of 2025
The New Delhi-headquartered two-wheeler major sells its products in 48 countries across Asia, Africa, and Latin America
 "Hero MotoCorp plans to enter Europe, UK markets in second half of 2025")
Royal Enfield enters a new era with launch of electric vehicle brand
The first model under Flying Flea to hit the road next year will be the FF-C6
 "Royal Enfield enters a new era with launch of electric vehicle brand")
Two-wheeler sales soar in October; TVS, Hero MotoCorp lead the charge
Festival demand boosts domestic sales by up to 26%; Bajaj figures decline
 "Two-wheeler sales soar in October; TVS, Hero MotoCorp lead the charge")
Exide Industries Q2 result: PAT falls 13.66% to Rs 233.4 cr on higher costs
Industrial-UPS and solar also enjoyed strong demand momentum during the quarter. However, the demand scenario was soft in the home-UPS segment due to the early onset of monsoons
 "Exide Industries Q2 result: PAT falls 13.66% to Rs 233.4 cr on higher costs")
US regulator ends investigation into Ford engine failures after recall
The agency was looking into catastrophic engine failures caused by intake valves fracturing, dropping into the cylinder and hitting the piston
 "US regulator ends investigation into Ford engine failures after recall")
Suzuki Motor unveils first battery electric SUV, 'e Vitara' in Europe
Production of the model is slated to commence at Suzuki Motor Gujarat in India in spring 2025, with sales expected to begin in various countries, including Europe, India, and Japan, around summer 2025
 "Suzuki Motor unveils first battery electric SUV, 'e Vitara' in Europe")
Maruti Suzuki passenger car output falls 16%, utility vehicle rises 33%
Similarly, production of compact cars Baleno, Celerio, Dzire, Ignis, Swift, WagonR and those supplied to Toyota Kirloskar Motor were lower at 75,007 units compared to 90,783 units in the same month
 "Maruti Suzuki passenger car output falls 16%, utility vehicle rises 33%")
