Page 32 - Auto
Foxconn likely to set up EV manufacturing unit in India through Foxtron
Buzz is that the company may look at the Ford India unit near Chennai for its new facility; sources say group was already betting big in EV components through Bharat FIH
 "Foxconn likely to set up EV manufacturing unit in India through Foxtron")
Nearly a dozen new UV models set to go on sale ahead of festive season
The peak festive season, which starts from Navratri and ends with Diwali, is critical for auto companies and accounts for a fifth of their annual sales
 "Nearly a dozen new UV models set to go on sale ahead of festive season")
Car review: Jeep makes a smooth comeback, not a moment too soon
The Jeep Meridian, essentially a three-row extension of the Compass, is much more your full-fledged off-roader with a hard suspension and a larger frame
 "Car review: Jeep makes a smooth comeback, not a moment too soon")
EV prices to be at par with cost of petrol vehicles within a year: Gadkari
The prices of all electric vehicles (EVs) will be equal to the cost of petrol vehicles in the country within one year, Road Transport and Highways Minister Nitin Gadkari said on Friday.
 "EV prices to be at par with cost of petrol vehicles within a year: Gadkari")
Hyundai India confident of keeping SUV lead as competition heats up
Hyundai's sister unit Kia Motors has also made big inroads in the SUV segment with the Sonnet and Seltos
 "Hyundai India confident of keeping SUV lead as competition heats up")
China lockdowns, chip crisis cloud JLR sales outlook for FY23: Tata Motors
On Thursday, Tata Motors stock was down over 5 per cent to Rs 393 on the BSE, compared to the previous day's close
 "China lockdowns, chip crisis cloud JLR sales outlook for FY23: Tata Motors")
After 3 yrs of challenges, auto sector may see double-digit growth in FY23
Industry insiders, analysts say SUVs to lead the charge among cars, two-wheelers to make strong comeback
 "After 3 yrs of challenges, auto sector may see double-digit growth in FY23")
Passenger vehicles to form 5% of total India EV sales by 2030: Study
The country, despite obstacles, is one of the largest such market in Asia, behind only China and ahead of Japan
 "Passenger vehicles to form 5% of total India EV sales by 2030: Study")
Hyundai drives in new Venue with price starting at Rs 7.53 lakh onwards
"With a keen focus on design, technology, functionality and space, the model is here to elevate customer experiences," HMIL MD & CEO Unsoo Kim said at the launch event.
No slowdown for India's super-rich as super-luxury cars sell like hot cakes
According to a report, the sales of super-luxury cars, priced over Rs 2 crore, are likely to cross pre-pandemic levels in 2022
 "No slowdown for India's super-rich as super-luxury cars sell like hot cakes")
Ford Motor recalls about 49K Mustang EVs over battery safety issues
Ford Motor has recalled nearly 49,000 Mustang Mach-E electric crossovers over battery safety concerns, and told dealers to temporarily halt selling the popular electric vehicle
 "Ford Motor recalls about 49K Mustang EVs over battery safety issues")
Skoda Auto crosses 200 customer touchpoint mark, plans 250 stores by yr end
Skoda Auto India on Tuesday said it has crossed 200 customer touchpoint mark across the country with plans to cross 250 outlet milestone by the end of the year.
 "Skoda Auto crosses 200 customer touchpoint mark, plans 250 stores by yr end")
The world has a car obesity problem, and the answer is to electrify fleets
In America, a typical vehicle sits in the garage 96% of the time, Sakkers wrote in his book Mobility Disruption Framework, citing research by McKinsey
 "The world has a car obesity problem, and the answer is to electrify fleets")
Maruti Suzuki dispatches record 233K units through Railways in FY22
Maruti Suzuki India has shipped 2.33 lakh units through Railways last fiscal, its highest ever dispatch in a financial year so far, since commencing the initiative eight years ago
 "Maruti Suzuki dispatches record 233K units through Railways in FY22")
Fueled by demand, M&M to set up first tractor plant in decade in Mohali
Mahindra & Mahindra going to setup new plat in Mohali as demand for tractors in the world's largest market has seen a sharp 44 per cent jump year-on-year in the first two months of 2022-23
 "Fueled by demand, M&M to set up first tractor plant in decade in Mohali")
Passenger vehicle wholesales jump over two-fold to 2,51,052 units in May
Passenger vehicle dispatches to dealers in India rose over two-fold last month on a low base of Covid-19-hit May last year.
 "Passenger vehicle wholesales jump over two-fold to 2,51,052 units in May")
With Chetak Technology, Bajaj Auto seeks to be top e-two wheeler exporter
Bajaj Auto will invest over Rs 2,000 crore over the next 2-3 years
 "With Chetak Technology, Bajaj Auto seeks to be top e-two wheeler exporter")
EVs catching fire because of 'mad rush' to get into business: Rajiv Bajaj
'Upstarts and not start-ups have entered the sector'
 "EVs catching fire because of 'mad rush' to get into business: Rajiv Bajaj")
Mercedes delivers first ever unit of AMG GT Black Series in India
German luxury carmaker Mercedes-Benz on Friday said it has delivered the first-ever unit of AMG GT Black Series in India
 "Mercedes delivers first ever unit of AMG GT Black Series in India")
EVs catching fire because of 'mad rush' to get into business: Rajiv Bajaj
'Issue is the underlying process of the manufacturing,' says Bajaj Auto MD.
 "EVs catching fire because of 'mad rush' to get into business: Rajiv Bajaj")