Page 72 - Auto
Auto components major Bharat Forge shares jump nearly 6% after Q1 earnings
Shares of auto components major Bharat Forge on Thursday jumped nearly 6 per cent after the company posted a consolidated net profit of Rs 153 crore for the first quarter ended June 30
 "Auto components major Bharat Forge shares jump nearly 6% after Q1 earnings")
Tesla files to produce 5 more versions of Model Y SUV in China
Electric vehicle company Tesla has filed with the Chinese government to produce five more versions of the Model Y electric SUV at Gigafactory Shanghai.
 "Tesla files to produce 5 more versions of Model Y SUV in China")
Passenger vehicle sales in India rise 45% in July to 264,000 units: SIAM
Passenger vehicle wholesales in India increased by 45 per cent to 2,64,442 units in July against 1,82,779 units in the same month last year, auto industry body SIAM said on Thursday.
 "Passenger vehicle sales in India rise 45% in July to 264,000 units: SIAM")
Audi's latest concept is an EV that expands and contracts: Details here
Meanwhile Audi has committed €15 billion to electrification across its entire fleet
 "Audi's latest concept is an EV that expands and contracts: Details here")
Stricter emissions rules will hit car sales, says Maruti Suzuki chairman
Automakers last week urged the government to defer tougher emissions standards
 "Stricter emissions rules will hit car sales, says Maruti Suzuki chairman")
Altigreen partners MoEVing; enters Chennai with road-ready EVs
Electric vehicle maker Altigreen which has partnered with EV fleet operator MoEVing has launced its service in Chennai following its successful launch in New Delhi and Bengaluru
 "Altigreen partners MoEVing; enters Chennai with road-ready EVs")
Volkswagen joins Tesla in call for lower import tax on EVs in India
Cutting duties on electric vehicles even to 25% would not pose a "big threat" to domestic players, says German carmaker's India head
 "Volkswagen joins Tesla in call for lower import tax on EVs in India")
Mahindra recalls 29,878 pick up vehicles to replace faulty fluid pipe
Mahindra & Mahindra (M&M) on Tuesday said it is recalling 29,878 units of its pick up vehicles to replace faulty fluid pipe amid suspicion of improper assembly
 "Mahindra recalls 29,878 pick up vehicles to replace faulty fluid pipe")
Delhi govt waives custody charges on impounded vehicles till Sept 30
The Delhi government on Monday waived custody charges till September 30 on vehicles impounded by the Transport Department and the traffic police, providing relief to hundreds of vehicle owners in city
 "Delhi govt waives custody charges on impounded vehicles till Sept 30")
Maruti Suzuki sales at lowest in 6 years amid Covid-induced slowdown
The carmaker's production declined for the third consecutive year in financial year 2020-21 to an 11-year low
 "Maruti Suzuki sales at lowest in 6 years amid Covid-induced slowdown")
Mahindra & Mahindra unveils brand new logo for SUV Portfolio
The new XUV700 will be the first vehicle to wear the Twin Peaks logo, followed by other SUV products in a phased manner
 "Mahindra & Mahindra unveils brand new logo for SUV Portfolio")
India auto retail sales up 34% in July as Covid-19 restrictions ease
Low base, along with rising demand, pushed up India's overall vehicle retail sales on both sequential and year-on-year basis in July 2021
 "India auto retail sales up 34% in July as Covid-19 restrictions ease")
Auto component maker Sansera Engineering gets Sebi's go ahead to launch IPO
Auto component maker Sansera Engineering Ltd has received capital markets regulator Sebi's go-ahead to float an initial share sale
 "Auto component maker Sansera Engineering gets Sebi's go ahead to launch IPO")
India considering sharp import tax cuts on EVs after Tesla lobbying: Report
For imported EVs with a value of less than $40,000, the govt is discussing slashing the tax rate to 40% from 60% presently, say officials aware of the development
 "India considering sharp import tax cuts on EVs after Tesla lobbying: Report")
Hyundai brings N Line to India; 1st model under N badge to debut this yr
South Korean auto major Hyundai on Monday said it is introducing its performance oriented N Line brand in the Indian market.
 "Hyundai brings N Line to India; 1st model under N badge to debut this yr")
Auto major M&M unveils new visual identity ahead of SUV, XUV700 launch
Home-grown auto major Mahindra and Mahindra on Monday unveiled a new visual identity, including a brand-new logo, exclusively for its SUV portfolio, ahead of the launch of its much awaited SUV, XUV700
 "Auto major M&M unveils new visual identity ahead of SUV, XUV700 launch")
MG Motor launches seven-seater Gloster trim tagged at Rs 37.28 lakh
MG Motor India on Monday launched a seven-seater version of its SUV Gloster Savvy tagged at Rs 37.28 lakh (ex-showroom).
 "MG Motor launches seven-seater Gloster trim tagged at Rs 37.28 lakh")
500 EV models now: Two-thirds of global car sales will be electric by 2040
If any country is going to meet its net-zero emissions targets in the next 30 years, more needs to be done to clean up road transportation
 "500 EV models now: Two-thirds of global car sales will be electric by 2040")
India auto retail sales up 34% in July as Covid-19 restrictions ease
Passenger vehicle sales rose by 63 per cent to 2,61,744 units last month, as compared to 1,60,681 units in July 2020.
M&M eyes pole position in the 'core SUV' segment in three years
As part of a plan to make a strong comeback in a segment it ruled till recently, M&M plans to launch nine models by 2025-26
 "M&M eyes pole position in the 'core SUV' segment in three years")
