Page 3 - Auto

FAME II subsidy for electric vehicles at only 52% of its target

Panel recommends extension of scheme

Steelmakers press for higher auto contract prices after three quarters

Spot steel prices have been rising both globally and at home since December; a hike of over 12% in the domestic market would have been the basis of negotiations for the upcoming contracts

570,000 Kias, Hyundais recalled due to fire risk. What to do if you own one

Vehicles should be parked away from homes even if they are turned off because they could experience an electrical short that could start a fire, US National Highway Traffic Safety Administration said

Hyundai plans to launch Punch rival: Here is all you need to know

There were rumours that Hyundai was planning to bring its micro SUV Casper, to India, but recent sightings have confirmed that it is not the Hyundai Casper, but an entirely new vehicle

Mercedes-Benz plans to launch 4 electric vehicles in India in 8-12 months

Mercedes-Benz is the market leader in the luxury car market of India with about 44 per cent share

Ashok Leyland MHCV volume 91% in FY23, sees industry demand gaining

Company increases market share in commercial vehicle segment, credits 'development initiatives in key industries'

PV, CV segments drove auto sales in FY23; demand moderation likely in FY24

PV industry 'very sentiment-driven', will close financial year with 24% growth rate: Analyst

Five firms make the PLI cut to manufacture hydrogen-powered vehicles

Ashok Leyland, Eicher, Pinnacle, Tata, and Booma get the nod

We want to become No. 1 EV player in India, says Hyundai's Unsoo Kim

"The Indian govt's initiatives on EVs are very strong and customers want to buy EVs. This will make the country's conversion to EVs faster than other markets, and I hope even faster than the US"

Honda to launch new car every year till 2028 in Indian market

Kunal Behl, VP, Honda Cars India said that there are also plans to re-launch an SUV in the first half of the next fiscal year to ride on the booming segment in the country

Rolls-Royce unveils Wraith Black Arrow: Full details of V12 coupe model

Strap: Rolls-Royce unveils the last edition of the wraith black model with a V12 engine and will develop only 12 units. Check new features here

Hyundai Verna 2023 to launch in India tomorrow. Here's what you can expect

The saloon has, which, been selling for the past three generations, is getting a major overhaul now in Hyundai Verna 2023

A labour hurdle to South Korean auto major Hyundai's expansion in India

Hyundai's aim to boost production by buying General Motors' Talegaon plant runs up against a two-year-old labour dispute

Footfalls, enquiries hit speed-breaker at car dealerships, visits dip 8-10%

Slowdown began showing up in Jan, though there has been some improvement in March second half

Luxury carmakers lean on YOLO impact, gear up for big ride in small towns

Many of these companies are having a waiting period from 6-18 months now, indicating a rise in demand

Honda rides into highly competitive mass segment with 100cc bike

Shine 100 may help HMSI close in on market leader Hero

Hyundai Motors joins the list of increasing plant acquisitions in India

ArcelorMittal Nippon Steel and JSW Steel are fighting it out for NMDC's steel plant, while Tata inches closer to the iPhone plant acquisition

Hyundai Motor considers buying General Motors India's Talegaon plant assets

A Term Sheet has been signed for the potential acquisition of identified assets of the plant like land and building, certain machinery and equipment situated at the General Motors India's plant

E-scooter companies likely to offer cheap chargers to meet FAME norms

The cost of the slow charger will be included within the mandatory price cap for availing the FAME 2 subsidy

Passenger vehicle dispatches rise 11% to 291,928 units in Feb: Siam

PV exports decreased by 9.24 percent Y-O-Y to 46,486 units in February this year. Maruti Suzuki, largest exporter of PVs, saw its foreign sales decrease by 28.7 percent to 16,956 units