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Monday, December 23, 2024 | 08:03 AM ISTEN Hindi

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Page 4 - Auto Industry

Tata Motors taps used car market to boost electric vehicle resale, exchange

The company has the largest car park in EVs in India, estimated to be around 170,000 units. As a pilot, the company has already started work with used online car marketplace Spinny

Tata Motors taps used car market to boost electric vehicle resale, exchange
Updated On : 18 Sep 2024 | 12:35 AM IST

Revolt Motors launches RV1 at Rs 84,990, heats up e-bike competition

Both companies have undercut the previous lowest price in the category, which stood at Rs 1,10,000

Revolt Motors launches RV1 at Rs 84,990, heats up e-bike competition
Updated On : 17 Sep 2024 | 10:49 PM IST

Tata Motors, JLR to make EVs in India for the world: Chandrasekaran

'Will bring together cost attitude of Tata Motors with the design and sophistication of JLR'

Tata Motors, JLR to make EVs in India for the world: Chandrasekaran
Updated On : 17 Sep 2024 | 3:28 PM IST

Tata Motors dips 3% on heavy volumes; stock down 13% so far in September

TML Securities Trust sold 11.5 million new ordinary shares on the stock exchanges today for the purpose of distribution of fractional share entitlement as well as towards tax liabilities.

Tata Motors dips 3% on heavy volumes; stock down 13% so far in September
Updated On : 17 Sep 2024 | 1:42 PM IST

India becomes top source of vehicle imports for South Africa's auto sector

India has become the South African automotive industry's top country of origin for vehicle imports since 2013, the Automotive Business Council says in its BRICS+ Research Report 2024. This was because India has been established by various brands as the global hub for small and entry-level vehicles which comprise the bulk of sales in the domestic market, the report said. Tata and Mahindra have firmly established their automotive products in South Africa. Mahindra executives have even repeatedly reaffirmed that South Africa is their second home outside India because of major investments, including a production line in Durban. China and India have consistently featured as two of the South African automotive industry's top 10 trading partners since 2010, mainly due to the increasing level of automotive imports. More recent entrant China has consolidated its position as the second largest country of origin for vehicle imports since 2022 as financially strapped consumers gravitated towar

India becomes top source of vehicle imports for South Africa's auto sector
Updated On : 17 Sep 2024 | 7:36 AM IST

Auto major M&M debuts small commercial vehicle to bridge intracity gap

Priced at Rs 7.99 lakh for the entry-level product, M&M launched the diesel and CNG variants, and an electric version will come in the future

Auto major M&M debuts small commercial vehicle to bridge intracity gap
Updated On : 16 Sep 2024 | 11:43 PM IST

JSW MG Motor ranks highest in dealer satisfaction, says Fada survey

Hyundai, which was the topper last year, drops to third position

JSW MG Motor ranks highest in dealer satisfaction, says Fada survey
Updated On : 16 Sep 2024 | 11:33 PM IST

Mercedes-Benz to manufacture EQS SUV 580 in India, first outside the US

Luxury carmakers are focusing on bringing in more models that will be made in India

Mercedes-Benz to manufacture EQS SUV 580 in India, first outside the US
Updated On : 16 Sep 2024 | 6:36 PM IST

Volkswagen may book up to $4.4 bn in provisions on capacity cuts: Jefferies

Volkswagen said earlier this month it was considering shutting plants in Germany for the first time in its history

Volkswagen may book up to $4.4 bn in provisions on capacity cuts: Jefferies
Updated On : 16 Sep 2024 | 2:14 PM IST

Statsguru: New schemes to boost EV adoption, align with climate goals

The schemes, PM Electric Drive Revolution in Innovation Vehicle Enhancement (PM E-DRIVE) and PM-eBus Sewa-Payment Security Mechanism (PSM) will replace existing EV subsidy schemes

Statsguru: New schemes to boost EV adoption, align with climate goals
Updated On : 16 Sep 2024 | 1:29 PM IST

JSW MG Motor to foray into accessible luxury segment, sets up new channel

JSW MG Motor India will enter the 'accessible luxury' segment with plans to introduce four new energy vehicles in the next two years for which it is setting up a new retail channel brand, 'MG Select', according to company Chief Growth Officer, Gaurav Gupta. The company plans to set up exclusive experience centres in 12 cities across India in the first year. "With MG Select we will be bringing in four new products over the next two years to begin with," Gupta told PTI here. "We will be bringing in fresh, new platforms and products and these will be across the new energy vehicles (NEV) platform. So, it will have plug-in hybrids, hybrids and electric vehicles," said Gupta, however, he clarified that MG Select is not purely an EV channel. "The MG Select channel is for 'premium entry' of MG Motor India. It will bring in accessible luxury products for the new age customer of today," he added. At present the entry luxury car segment in India is at a price range of around Rs 45 lakh with

JSW MG Motor to foray into accessible luxury segment, sets up new channel
Updated On : 16 Sep 2024 | 11:19 AM IST

Service outlets not stressed; utilisation full in big cities: Gollagunta

To tackle the growing load on its service outlets, M&M is increasing productivity, expanding bay capacity, and rolling out remote software updates

Service outlets not stressed; utilisation full in big cities: Gollagunta
Updated On : 15 Sep 2024 | 11:54 PM IST

Claims of ICE vehicle demise self-serving: Bajaj Auto's Rakesh Sharma

Sharma talks about Bajaj's mega electric vehicle play

Claims of ICE vehicle demise self-serving: Bajaj Auto's Rakesh Sharma
Updated On : 15 Sep 2024 | 11:48 PM IST

Micro SUVs gain ground in India, with sales soaring 72% in early FY24

Hyundai Exter and Tata Punch, priced under Rs 10 lakh, saw a 72 per cent sales jump in the first four months of FY24, far outpacing the 1.8 per cent growth in overall domestic passenger vehicle sales

Micro SUVs gain ground in India, with sales soaring 72% in early FY24
Updated On : 14 Sep 2024 | 10:38 AM IST

PV sales dip 1.8%, two-wheeler sales grow 9.3% in August: Siam data

According to Siam, total production of passenger vehicles, three-wheelers, two-wheelers, and quadricycles in August 2024 stood at 2.49 million units

PV sales dip 1.8%, two-wheeler sales grow 9.3% in August: Siam data
Updated On : 14 Sep 2024 | 12:00 AM IST

Finance ministry gives GST relief to ad agencies, automobile dealers

Another circular on supply of data hosting services was issued where such services are provided by companies in India to cloud computing service providers located outside India

Finance ministry gives GST relief to ad agencies, automobile dealers
Updated On : 13 Sep 2024 | 12:03 AM IST

Cabinet meet: Widened net for Ayushman Bharat, renewed EV subsidy, more

Cabinet clears Rs 5 lakh health cover under Ayushman Bharat for those 70 years and above

Cabinet meet: Widened net for Ayushman Bharat, renewed EV subsidy, more
Updated On : 11 Sep 2024 | 11:19 PM IST

Tamil Nadu, Ford Motor in talks to restart production eyeing global market

Tamil Nadu Chief Minister M K Stalin visited Ford headquarters in Michigan on Tuesday and held detailed discussions with its top management, urging them to restart production

Tamil Nadu, Ford Motor in talks to restart production eyeing global market
Updated On : 11 Sep 2024 | 11:10 PM IST

Will Maruti put India's EV mission on fast lane? MSIL MD & CEO believes so

Japanese carmaker wants 'sustainable' growth in electric car market by addressing three major concerns

Will Maruti put India's EV mission on fast lane? MSIL MD & CEO believes so
Updated On : 10 Sep 2024 | 11:14 PM IST

Tata Motors managing director Shailesh Chandra elected Siam president

Chandra had previously served as Vice President of Siam. He is now succeeding Vinod Aggarwal, Managing Director and CEO of Volvo Eicher Commercial Vehicles

Tata Motors managing director Shailesh Chandra elected Siam president
Updated On : 10 Sep 2024 | 8:57 PM IST