Page 74 - Auto

Tesla's duty cut demand reopens debate between domestic and foreign players

Analysts also believe an import duty cut on EVs will spur growth and help create a market for high-end vehicles

Ola Electric to ride into two-wheeler market with scooter launch on Aug 15

Ola to share full specs and details of the electric scooter and the availability dates on the launch day

BMW India drives in Individual 740Li M Sport Edition tagged at Rs 1.42 cr

BMW India on Tuesday said it has launched Individual 740Li M Sport Edition in the country priced at Rs 1.42 crore (ex-showroom Delhi)

Indian auto part makers want Tesla's entry to benefit local companies

"We will always promote localisation," Deepak Jain, ACMA president told reporters on Tuesday, when asked about the industry body's views on Tesla's demand

Honda2Wheelers India's July sequential sales up by 66%

Two-wheeler major Honda Motorcycle & Scooter India (Honda2Wheelers India) on Tuesday reported a sequential overall sales growth of 66 per cent in July 2021.

When the chips are down: Global shortage to keep crimping carmakers

BMW, Stellantis became latest carmakers to warn that global semiconductor chip shortage that has bedeviled the industry this year will drag on throughout 2021 and beyond

Indian carmakers renew bid to delay tougher fuel efficiency rules: Report

SIAM is expected to meet the transport minister on Tuesday to seek a one-year delay in complying with the rules, due to take effect from next April, said sources

BMW says chip shortage, raw material prices to hit second half

BMW has so far been relatively less affected by the global chip shortage that some of its peers across the auto industry, which has been attributed to its strong relations with its supplier base

Tesla's India plans dealt blow as minister rules out import duties cut

Tesla is seeking to make inroads into India, where electric vehicles account for less than 1% of annual car sales.

Auto industry defers Expo for the first time ever on Covid-19 scare

This is the first time Siam is putting off the show since it started in 1986

Two-wheeler sales remain subdued in July as manufacturers limit dispatches

Cumulative sales at four companies including Hero MotoCorp, Bajaj Auto TVS Motor and Royal Enfield during the month dropped by 2.4%

Auto loan firms hope for better after suffering in rural India's Covid pain

NBFCs and banks reported a rise in loan defaults when the pandemic's second wave hit the hinterland

India's top carmaker sees hydrogen as 'interesting alternative'

Demand for lithium for batteries is soaring as governments across the world push automakers to meet stringent targets for cutting carbon emissions

Tata Motors increases passenger vehicle prices by 0.8% effective Aug 3

Tata Motors on Monday said it has increased prices of its passenger vehicles by 0.8 per cent with effect from August 3.

Kia India reports 76% increase in sales at 15,016 units in July

Automaker Kia India on Monday said its sales increased by 76 per cent to 15,016 units in last month as compared with 8,502 units in July 2020.

ABB India ties up with Audi India for charging solutions for Audi etron

ABB India on Monday announced that it has partnered with Audi India to provide charging solutions for their newly launched, fully electric Audi e-tron and Audi e-tron Sportback.

TVS Motor auto sales grow 10% YoY in July with 278,855 units sold

Total two-wheeler sales growth came at 8 per cent with 262,728 units sold in July 2021 as against sale of 243,788 units in July 2020

Demand revival puts auto sales in top gear, Maruti posts 50% growth

Analysts tracking the sector said that they expect auto sales to be strong in the second half of the financial year

Hero MotoCorp reports 13% dip in total sales at 454,398 units in July

The country's largest two-wheeler maker Hero MotoCorp on Sunday reported a 13 per cent dip in total sales at 454,398 units in July

Top headlines: Sun Pharma's strong Q1 show, India-China military talks

Business Standard brings to you the top headlines on Saturday