Page 5 - Passenger Vehicles

Cars equipped with air purifiers become latest draw for buyers In metros

Delhi, Mumbai, Bengaluru, Chennai, Kolkata, Ahmedabad, and Pune, which have been affected by higher levels of air pollution, are witnessing a strong demand for air purifiers

Passenger vehicles, 3-wheelers report highest ever sales in October: Siam

The domestic sales for all vehicles in India were up 20% to 2,314,197 units in October this year as compared to 1,923,721 units last year

Minda inks pact to form JV with Taiwan firm to produce sunroof for PVs

Auto components maker Minda Corporation on Thursday said it has inked a pact to form a joint venture with Taiwan-based HSIN Chong Machinery Works to produce sunroofs for passenger vehicles. The joint venture will offer a full system solution ranging from design, and development to manufacturing of sunroof for passenger vehicles, the company said in a statement. With changing consumer preferences for premiumisation, the market for sunroof in India is expected to reach USD 500-600 million by 2030, it added. "With the changing consumer preferences and increasing demand for premium features, the market for Sunroof and other advanced vehicle access products is expected to grow multi-fold in the years to come. "Our continuous focus to bring new and advanced technology products will lead the next phase of our growth," Minda Corporation Executive Director Aakash Minda said. The collaboration will help the company stay at the forefront by offering localised solutions, he added. Commenting

Tata Motors wins Singur land case, entitled to recover Rs 766 cr from WB

Tata Motors on Monday said an arbitral tribunal has asked the West Bengal Industrial Development Corp to pay the company Rs 766 crore compensation in connection with losses incurred on its manufacturing site in Singur. Tata Motors had to shift its plant to produce small car Nano from Singur in West Bengal to Sanand in Gujarat in October 2008 due to a land row. Tatas, by then, had already put over Rs 1,000 crore in Singur. In a regulatory filing, the auto major said a three-member Arbitral Tribunal has ruled that the company is entitled to recover from the respondent West Bengal Industrial Development Corporation Ltd (WBIDC) a sum of Rs 765.78 crore with interest thereon 11 per cent per annum from September 1, 2016, till actual recovery thereof. The compensation is in respect to the auto major's claim of compensation from WBIDC under various heads, including the loss of capital investments with regard to the automobile manufacturing facility at Singur. "This is to inform that the ..

Cars24 reports revenue of Rs 5,535 cr in FY23, 8% increase from FY22

The company reported profit before tax (loss) of Rs 467.8 crore in FY23 compared to Rs 1093.1 crore in FY22

Bike taxi drivers write to Delhi LG over timeline for transition to EVs

More than 1,500 bike taxi drivers have written to Delhi Lieutenant Governor V K Saxena demanding that they be given the same timeline for conversion to electric vehicles as their counterparts in delivery services. The letter came a day after Delhi Chief Minister Arvind Kejriwal approved a scheme for the regulation and licensing of aggregators providing passenger transport services and delivery service providers in the national capital. The scheme also paves the way for bike taxis and mandates that the aggregators should on board electric two-wheelers for passenger services. The file pertaining to the Delhi Motor Vehicle Aggregator and Delivery Service Provider Scheme 2023 has been submitted to the lieutenant governor's office, according to an official statement. According to the letter written by the drivers, "The scheme essentially states that only electric bike taxis would be allowed to run in Delhi and bike taxis of other fuel types would become illegal to operate. By notifying

Deeper localisation is the way forward for Tata Motors: Shailesh Chandra

Around 80 per cent of the sales is contributed by diesel and only 20 per cent is petrol, said Chandra

CEAT eyes market leadership in EV tyres within the next two years

Banerjee said that Ceat is focusing on specialty tyres, whether for agricultural use or other segments

Petromin, HPCL partner to launch 1,000 vehicle service centres across India

Hindustan Petroleum Corporation Limited (HPCL India) in partnership with Saudi Arabia-based Petromin Corporation on Monday launched the first set of 16 express vehicle service centres in Bengaluru and Chennai. These are the first of 1,000 'HP Petromin Express Centres' planned across the country over the next few years, a joint statement said. Petromin Express India, a subsidiary of Petromin Corporation, had said last month that it will be partnering with HPCL to invest around USD 100 million to set up around 1,000 vehicle service centres at HPCL retail outlets in India. The Express Centres will offer the walk-in customer basic maintenance services that will be completed in just 30 minutes, the statement said. The business model conceived is expected to generate about 5,000 jobs over the next few years, it said. "The Express Centres are set to totally disrupt the current status of the automotive after-market in India", said CEO, Petromin India & SE Asia, Sanjay Nigam.

Domestic passenger vehicles wholesales up 2% to 361,717 units in Sept: SIAM

Passenger vehicle wholesales in India increased by 1.87 per cent year-on-year to 3,61,717 units last month, industry body SIAM said on Monday. The passenger vehicle dispatches to dealers stood at 3,55,043 units in September 2022. Similarly, two-wheeler sales increased to 17,49,794 units last month from 17,35,199 units in the year-ago period, Society of Indian Automobile Manufacturers (SIAM) said. Total three-wheeler wholesales rose to 74,418 units last month from 50,626 units in September 2022. Total dispatches last month were up at 21,41,208 units from 20,93,286 units in September 2022. In the September quarter, overall sales rose to 61,16,091 units from 60,52,739 units in the second quarter of 2022-23. Passenger vehicle dispatches rose marginally to 10,74,189 units in the second quarter from 10,26,309 units in July-September period of last fiscal. Commercial vehicles dispatches rose to 2,47,929 units from 2,31,991 units in the year-ago period. Total three-wheeler wholesales ro

See eventual split in platforms for ICE, EVs: Tata Motors' Martin Uhlarik

Tata Motors sees an eventual split in the platforms for its conventional engine and electric passenger vehicles in order to make future products unique and remove the handicap of developing EVs on traditional platforms, according to its Global Head of Design, Martin Uhlarik. With electrification and connectivity fast gaining momentum, he also said interiors of cars of the future could become more "like a home" driven by minimalistic approach, as sophisticated customers seek material comfort, simplicity and ease of use. "We see an eventual splitting of ICE (internal combustion engine) and EV, which is simply driven by the platform. If EV has to carry over an ICE architecture, it will always be handicapped in terms of its full potential, in terms of range, in terms of battery layout," Uhlarik told PTI. Converting EV on an ICE product platform, which has provisions such as the traditional transmission tunnel and firewall, has limitations, he added. "So if you want to do a proper EV or

Audi reports 88% increase in retail sales at 5,530 units in Jan-Sept

German luxury carmaker Audi on Wednesday reported an 88 per cent year-on-year growth in retail sales at 5,530 units in January-September period this year in India. Audi India had retailed 2,947 units in the same period last year. The launch of the new Q8 e-tron, Q8 Sportback e-tron, Q3 and Q3 Sportback coupled with continued demand for other models like the A4, A6 and Q5 has led to positive growth, the automaker said in a statement. "Our SUVs have witnessed a growth of 187 per cent. With the upcoming festive season, we are expecting this growth to continue on the back of sustained demand," Audi India Head Balbir Singh Dhillon noted. Robust sales performance owing to strong demand, expansion in the luxury car segment, evolving demographics and favourable economic conditions are leading to growth, he added. "We are on a growth path -- sustainable, profitable business is our strategy and we expect to close the year with high double-digit growth," Dhillon stated.

Festive demand steers passenger vehicle wholesales to record high in Sept

Passenger vehicle wholesales in India rose to record levels in September as automakers dispatched stocks to dealers in order to cater to the robust demand in the ongoing festive season. The industry dispatches stood at 3,63,733 units last month, the best ever in a month. The previous best was reported in August 2023 with dispatches of 3,60,700 units. "This is the highest ever September of course, in any year in the Indian passenger vehicle history. It is also the highest ever in any month so far," Maruti Suzuki India Senior Executive Officer (Marketing and Sales) Shashank Srivastava told reporters in a virtual press meet. He noted that dispatches rose in September as the dealers prepared for the festive season which kicks in a big way from October 14. Last month also witnessed robust demand in western and southern states due to various festivals which see increase in car sales, Srivastava said. Another reason is better availability of cars due to chip supplies stabilising, he ...

Delhi plans to make document submission for overage vehicles faceless

The Delhi government plans to make the document submission process for overage vehicles completely faceless to ensure transparency, officials said on Tuesday. Five million such vehicles were deregistered between January and October last year. "We have plans to launch a portal and make the service completely faceless to ensure transparency. We are trying to ensure that the documents that have to be uploaded and the undertaking that they will have to submit, (the process) will be online," the official said. Another official said the Transport Department is almost ready with the fine points of the initiative and the file will be submitted to Transport Minister Kailash Gahlot. The Delhi High Court had asked the city government to frame a policy on dealing with such vehicles when owners are willing to assure that these vehicles would not be used here. "The disengagement of 437 consultants and experts following the directions of LG V K Saxena also affected framing of policies of Delhi .

Electric cargo three-wheeler vehicle Greaves Eltra launched: Details here

Greaves Eltra provides a power capability of 9.5 kW at peak performance and also integrates a 10.8 kWh battery pack

Indian PV market to nearly double in size by FY31: Maruti MD Takeuchi

Automobile businesses need to be 'reviewed, re-aligned' for higher scale of operations, he says

Anand Group ties up with Korean entity to boost aftermarket biz for PVs

Auto component maker Anand Group on Wednesday said it has joined hands with South Korea's HL Group to provide a wide range of aftermarket components for the passenger vehicle segment in domestic and international markets. The companies have formed a joint venture (JV) -- HL Anand Automotive Parts Pvt Ltd -- under which two dedicated distribution centres will be set up in the next two years. The JV plans to add around 1,200 new SKUs (stock keeping units) in the next two years, Anand Group said in a statement. The new JV would help increase the size of the Indian firm's aftermarket business two-fold while building the Korean entity's presence in India, it noted. The JV will expand the aftermarket portfolio with products manufactured by Anand Group's existing JVs with HL Group's Mando Corporation, an automotive components leader based in South Korea, it added. The existing partnerships between the two entities are HL Mando Anand Automotive Pvt Ltd, which makes steering, brake, and .

Domestic passenger vehicle wholesales up 9% in Aug, exports rise: Siam

Highest ever August sales for passenger vehicles and three-wheelers, says report

Passenger vehicle retail sales lag wholesales in August, shows data

In August, PV wholesales were at an all-time high at 360,897 units, beating the previous peak of 355,400 units in September 2022

NEC Corp India bags deal for vehicle location tracking project from UPSRTC

Technology firm NEC Corporation India has been selected as the master system integrator by Uttar Pradesh State Road Transport Corporation (UPSRTC) for the Vehicle Location Tracking-Passenger Information System project, the company said on Tuesday. The project is supported by Nirbhaya fund of the Centre and aims at resolving the critical issue of safety in buses and enhancing the overall travel experience of passengers in UPSRTC buses through advanced technologies, such as live tracking of buses. "As a leader in Integrated Transportation Systems, NEC India has successfully implemented many similar bus projects in India and the Middle East," UPSRTC, General Manager (IT), Yajuvendra Kumar said. Under this project, AIS 140-based Vehicle Location Tracking (VLT) devices and emergency safety buttons will be installed across the majority of UPSRTC buses along with tracking of its entire fleet on the Uttar Pradesh state tracking platform. Large display screens will also be installed in ..