Page 5 - Automobile

CNG cars could account for 25% of industry by end of decade: Tata Motors MD

It is a 'decade of transition' for the industry and companies will have adapt to changes quickly: Shailesh Chandra

Eicher Motors Q4 results: Consolidated net profit rises 49% to Rs 906 cr

Total revenue from operations rose to Rs 3,804 crore for the fourth quarter as compared with Rs 3,193 crore in the year-ago period

Hyundai signs deal with Tamil Nadu for Rs 20,000 cr investment in EV space

Car manufacturer will set up battery pack assembly unit with an annual capacity of 178,000 units

Connected vehicles market grew 60% in quarter ended March: CMR

The market for EVs in India grew 48% during the period

Automotive firm Stellantis India names Aditya Jairaj as Deputy MD

Global automotive group Stellantis on Monday said it has appointed Aditya Jairaj as the Deputy Managing Director with effect from May 4. Jairaj will also lead the Jeep brand's operations in the country. Stellantis India CEO & Managing Director Roland Bouchara said Jairaj brings a proven track record of value creation. "The India strategy is a key pillar for the group as an important element of localisation efforts in the region and transforming the mobility landscape in India through our two-pronged brand approach," he added. Jairaj has more than 17 years of experience in the automotive sector. Before joining Stellantis, he served as the Head, EV Strategy and Transformation, for Nissan.

April auto retail sales drop of 4% on decline in two-wheeler demand

Fall in passenger vehicle sales after eight months was another factor behind the overall decline

Maruti Suzuki India's sales jump 6.5% in April, exports drop by 8%

The total domestic sales were up from 132,248 units in April last year to 143,558 units this year

Taiwanese firm Gogoro eyes India as hub for making electric two-wheelers

The top 50 cities where Gogoro wants to operate account for 25 per cent of all the two wheelers - around 60 million

JSW Group in talks with MG Motor, BYD India for electric vehicle push

MG Motor India unveiled its compact EV Comet, which has a range of 230 km per charge, last Wednesday

Is Apple's focus on India as momentous as Suzuki's entry 40 yrs ago?

The full measure of Apple's success in India will depend on its becoming more than a phone company. Still, this promising start is sufficient for the moment, writes T N Ninan

Volkswagen to launch its first electric vehicle ID.4 in India by 2024

ID.4 was launched globally in 2021 and is based on the ID Crozz concept, showcased at India's 2020 Auto Expo

Hyundai Mobis develops world's first rollable display for vehicles

Hyundai Mobis aims to obtain orders for the rollable display, which was partly adopted in smartphones and TVs, from luxury carmakers in North America and Europe

Considering production of passenger vehicle tyres in India: Michelin CEO

French tyre major Michelin is actively considering production of passenger vehicle tyres locally in India, according to the group Chief Executive Officer Florent Menegaux. The local manufacturing would help the Clermont-Ferrand based tyre major to scale up operations in India, which remain critically subdued with the government introducing import restrictions in 2020. The tyre maker, which has presence in 175 countries with 67 plants, currently sells only premium bigger size tyres in limited quantity especially for performance oriented models in India. In 2020, the government imposed curbs on imports of certain new pneumatic tyres used in motor cars, busses, lorries and motorcycles in a move to promote domestic manufacturing. Tyre companies can now import only a small number of tyres into the country under a limited import licence, which was not the case before 2020. In an interaction with PTI here, Menegaux said the group sees India as a great developing market. He noted that th

Euler Motors lays off around 200 employees amid restructuring

As per the company's LinkedIn page, Euler Motors has over 500 employees in the startup. However, according to sources the number of impacted employees stands at around 200

New Renault Duster India launch likely by Diwali 2025, here's what to know

The next generation of Renault Duster is expected to come with hybrid powertrains

5 automakers to voluntarily recall over 23,000 vehicles over faulty parts

Porsche Korea, Honda Korea and three other auto companies will voluntarily recall over 23,000 vehicles to fix faulty components, the transport ministry said

EV sales on the rise in March; industry needs policy clarity, says FADA

The industry body says while EV segment as a whole grew by 157% during FY23, govt policy should be clear on how much manufacturers can get and how to encash on the subsidy

Automobile retail sales up 14% in March; post 21% YoY growth in FY23

All vehicle categories, except tractors, post double-digit growth for March and the full financial year

Isuzu Motors names Rajesh Mittal as new head of India operations

Isuzu Motors India on Tuesday said it has appointed Rajesh Mittal as the new President. Mittal, the first person of Indian origin to head the country operations, succeeds Wataru Nakano who takes over as a Head of Isuzu operations in Vietnam. Mittal joined the company's top management team as President of Isuzu Engineering Business Centre India (IEBCI) and as Deputy President at Isuzu Motors India (IMI) in February 2022. Since then, he has focused on consolidating the business and steering key projects while fostering a culture of excellence and collaboration, the automaker said in a statement. Isuzu Motors India also named Yasuhito Kondo as Deputy President.

Stepping on the gas: CNG fuel of choice in green mobility quest

Though EVs have fast gained traction; CNG vehicle sales are up 82% in 5 years