Page 13 - Auto

Domestic auto parts makers benefit from supply disruptions from China

While they have not been able to make a huge dent globally, their operations have grown with OEMs in India beginning to lean on them more heavily for supplies

Maruti Suzuki's production falls 18% to 124,722 units in December

Maruti Suzuki India's production in December 2022 was lower by 17.96 per cent at 1,24,722 units

Utility vehicles sales rise in Dec, demand for entry-level cars muted

Utility vehicles (UV), among the fastest-growing segments, saw a 22.3% rise in sales at Maruti Suzuki India and 62.2% at Mahindra and Mahindra

TVS Motor sales decline 3.6% in December as motorcycles hit rough patch

Motorcycle sales dipped by 6.7% to 124,705 units in Dec 2022; iQube electric sales provide silver lining, rise 10-fold YoY

Audi sales rise 27.14% to 4,187 units in 2022 on strong product portfolio

The luxury carmaker also said it has increased the prices of its vehicles by up to 1.7 per cent in most of its models from January 1

VE Commercial Vehicles total sales rise 17.3% to 7,221 units in Dec

VE Commercial Vehicles Ltd reported a 17.3 per cent growth in total sales at 7,221 units in December 2022

Mahindra & Mahindra reports total sale of 56,677 units in Dec 2022

Automobile major Mahindra & Mahindra Ltd (M&M Ltd), on Monday said that its overall auto sales for the month of December 2022 stood at 56,677 vehicles

Hero MotoCorp total sales fall marginally to 394,179 units in Dec

Two-wheeler maker Hero MotoCorp on Monday reported a marginal decline in total sales at 394,179 units for December 2022

2022 car sales zoom 23% to record high of 3.8 mn; 14% higher than 2018 peak

This is mainly on pent-up demand and better semiconductor chip supply

Electric two-wheeler sales may miss FY23 target of 1 mn units by 20%: SMEV

The original equipment manufacturers (OEMs) dominated the E2W market, controlling over 50 per cent of the total market share, and emerged as the top players in the category

EV industry ends 2022 with one million unit sales; worries loom ahead

Despite consumer interest EVs, reluctance on the part of the auto industry to invest more in them, lack of long-term policy and the rising number of Covid cases put the sector at risk

MG Motor India retail sales rise 53% to 3,899 units in December 2022

MG Motor said it has continued to foster EV adoption in the country in the form of multiple industry partnerships such as those for charging station installations with JioBP and BPCL

Hero MotoCorp commences VIDA V1 electric scooter deliveries in Bengaluru

Hero MotoCorp on Friday said it has commenced customer deliveries of its first electric scooter VIDA V1.

Eicher Motors to invest over Rs 440 cr in electric bike firm Stark Future

Eicher Motors Ltd on Thursday said it will acquire a 10.35 per cent equity stake in Spanish electric motorcycle maker Stark Future for 50 million euros (over Rs 440 crore)

15 electric auto-rickshaws catch fire near charging station in Gujarat

As many as 15 electric auto-rickshaws, part of a fleet used to ferry tourists around the Statue of Unity in Gujarat's Narmada district, were gutted in a fire early Thursday morning, officials said.

TREM IV emission norms may impact 7-8 % of domestic volume, says ICRA

Bharat Stage TREM IV, for tractors of engine power of over 50 horse power set to kick in from January 2023, will impact around 7-8 per cent of the domestic volume, according to ratings agency ICRA

Toyota Motor's new Innova HyCross priced at Rs 18.30 lakh onwards

The Bengaluru-based auto major unveiled Innova HyCross in November and it will be available at the dealership from mid next month

Airbag industry in India expected to grow to Rs 7,000 cr by FY27: Icra

Earlier, only one airbag per car (driver airbag) was mandatory from July 2019. This increased to two airbags (dual front airbags) for category M1 vehicles manufactured from Jan 1, 2022

Chinese EV firm Xpeng Aeroht's $1,40,000 car can fly over traffic jams

"The flying car is approaching reality and we think it was the right time to chip in," Brian Gu, Xpeng's president, said on the sidelines of the Dubai event, called GITEX

Maruti Suzuki signs 5-year pact with Kamarajar port for PV exports

Maruti Suzuki India Ltd on Thursday said it has signed a five-year pact with Kamarajar Port Ltd for export of its passenger vehicles to international markets