Page 6 - Auto

Turning India into a green mobility hub

While almost all cars that fell into that category cost less than larger sedans or even mid-size SUVs, the underlying truism led to two realities

Hero MotoCorp Q3 net profit rises 3.6%, beats estimates on price hikes

Hero MotoCorp has hiked vehicle prices four times so far in the current fiscal year

Electric passenger vehicles retail sales decline by 10.51% in Jan

Electric passenger vehicles retail sales declined by 10.51 per cent sequentially to 3,346 units in January 2023 over 3,739 vehicles sold in December last year, according to automobiles body FADA

Auto sales up 14% in Jan, helped by festive season, rural demand: FADA

Automobile retail sales grew 14 per cent in January year-on -year as festivals, weddings and more money in the rural economy helped demand, said an industry association on Monday

RIL, Ashok Leyland unveil first hydrogen combustion-driven heavy-duty truck

Flagged off by PM Modi at India Energy Week, the vehicle was developed over the past one year and has been under test since August 2022

BluSmart to break even by March; two mfg units on cards: Anmol Jaggi

The EV ride hailing service plans to double its fleet by year end; to explore quick hail

Interest rate hikes, global inflationary pressures may impact demand: JLR

The company is working to offset inflationary trends and other issues like high energy prices through profitability improvement actions

Govt not to impose import duty on cars brought in for testing: Minister

Cut in import duty from 252% to zero will put India in global business of car testing, says Mahendra Nath Pandey, minister of heavy industries

Maharashtra tops list of states buying EVs through FAME scheme

In electric four wheelers, including cars, Delhi came top

Hyundai Motor India's rural sales cross 100,000-mark in 2022

Hyundai Motor India on Friday said its sales in the rural areas crossed one lakh-mark last year

Automobile exports record growth of 35.9% from 2020-21 to 2021-22

The Vehicle exports have witnessed an impressive growth during 2021-22. Export of the total number of automobiles increased from 41,34,047 in 2020-21 to 56,17,246 in 2021-22

Car-sharing firm Getaround lays off 10% of workforce with immediate effect

The US-based car-sharing company Getaround has announced laying off about 10 per cent of its workforce with immediate effect

Duty hike won't apply brakes on luxury car demand, say automakers

For mass segment cars priced above Rs 35 lakh, move can lead to more localisation

Steady demand pushes domestic PV sales up 17.4% in Jan despite price hikes

The auto industry sold 346,000 units this January, compared to 295,000 a year ago

Union Budget 2023 gives EVs a big charge; boosts vehicle scrappage

Centre and states to provide 25% tax rebate on road tax for vehicles purchased to replace scrapped ones

Budget 2023-24: Hospitality will benefit, says Massive Restaurants' Kalra

Zorawar Kalra, Founder & MD, Massive Restaurants, talks about Union Budge 2023

Tata Motors posts 6.4% growth in total vehicle sales at 81,069 units in Jan

In the year-ago period, the company's total vehicle sales stood at 76,210 units

MG Motor India reports 4% fall in vehicle sales at 4,114 units in January

The company had retailed 4,306 vehicles in January 2022, MG Motor India said in a statement

Two-wheeler electric vehicle sales in India to reach 22 mn by 2030: Report

As the electric vehicle (EV) adoption grows in India, the electric two-wheeler sales volume in the country is likely to reach 22 million by 2030, a report showed on Wednesday

BMW evaluates more battery electric vehicles for India amid growing demand

BMW, along with rival Mercedes, is looking to capitalize on this demand at a time when Tesla has decided to stay out because of high import taxes on EVs