Page 100 - Auto

Tractor sales rise 48% in January, demand expected to remain robust

According to the Federation of Automobile Dealers Associations, retail numbers for January inicated the only segment which was in green (11.14% growth) was tractors, while other segments were in red

BMW's latest sedan, 3 Series Gran Limousine, has a limo feel to it

Driving the 3 Series Gran Limo is not a markedly different experience from most other bimmers

Passenger vehicle sales in India up 11% to 2,76,554 units in January: SIAM

As per the latest data by Society of Indian Automobile Manufacturers (SIAM), two-wheeler dispatches to dealers also rose 6.63 per cent to 14,29,928 units, compared to 13,41,005 units in January 2020

Tata Motors, Maruti: Rally in auto stocks may pause for now, say analysts

The rally in auto stocks may pause for now as demand cools off and companies grapple with supply-side issues, say analysts

GM cites chip shortage for weaker 2021 outlook amid Covid-19 pandemic

GM shares were down 0.3% to $55.89 in premarket trading.

Sales of Maruti's CNG variants move in top gear amid spike in fuel prices

Improving network of CNG and increase in number of cities where natural gas is now available have also been fuelling growth, company says

Honda, Nissan to sell a qtr of a million fewer cars due to chip shortage

Asian chipmakers including Taiwan Semiconductor Manufacturing Co are expanding production to make up for shortages, but have warned that it may take some time to crank up output

PV retail sales dip 4% in Jan as semiconductor shortage impacts vertical

Automobile dealers' body FADA on Tuesday said passenger vehicle (PV) retail sales in January witnessed a year-on-year decline of 4.46 per cent to 2,81,666 units

Vehicle registrations in January declines over 9% from last year

Vehicle registrations in January 2021 declined 9.66 per cent on a year-on-year (YoY) basis

Govt asks automakers not sell vehicles with downgraded safety standards

Road Transport and Highways Secretary Giridhar Aramane also noted that only a few manufacturers have adopted vehicle safety ratings system and that too used only for their high-end models

GM's China venture, PATEO files anti-monopoly complaint against Tencent

Tencent, GM and SAIC's joint venture SAIC-GM-Wuling did not immediately respond to requests for comment

Hyundai Motor, Kia take $8.5-billion hit after Apple deal called off

Hyundai is traditionally known for its reluctance to work with outsiders

Chinese regulators call in Elon Musk's Tesla over customer complaints

Tesla is building Model 3 electric sedans and Model Y sport-utility vehicles at its Shanghai factory

Two-wheeler makers plan to resume capital expenditure plans in FY22

This will come as a boost for the government, seeking private sector capex

Mahindra's Q3 net zooms 40% on robust tractor sales, cost control

Impairment booked on account of Ssangyong dented net profit

Over three dozen superbikes to be launched in 2021 to meet pent-up demand

Italy's Benelli plans one launch every 45 days, Ducati to deliver 12 models

Mahindra & Mahindra hints at hiking vehicle prices in Q1 next fiscal

The possible price hike might come due to rising commodity prices

Delhi government floats tender to set up 100 EV charging stations

The Delhi government on Friday floated a tender to set up 100 charging stations for electric vehicles across the city

Mahindra recalls 1,577 units of diesel Thar to replace faulty engine part

The automaker intends to replace a faulty engine part called camshaft

Bosch says Covid-19 pandemic, chip shortage to weigh on carmakers in 2021

Around 85 million vehicles will roll off assembly lines around the world this year, more than the 78 million units produced in 2020 but still below the 92 million cars produced in 2019