Page 93 - Auto

Car buyers in India moving up value chain despite salary cuts, job losses

Maruti Suzuki India (MSIL), the market leader, has seen the contribution of mid- and top-end variants as the percentage of a model's sales mix goes up

Over 40 mn old vehicles on Indian roads, Karnataka tops list at 700,000

Over four crore vehicles older than 15 years are plying on roads pan-India and fall under the ambit of green tax, with Karnataka occupying the top slot with more than 70 lakh such vehicles

India a potential market for recently-launched Panamera sedan: Porsche

Sports luxury car maker Porsche has said India is a potential market for its recently-launched new-generation Panamera sedan, even as its focus will remain on all models across segments.

Automaker Skoda unlikely to drive in electric vehicle in India anytime soon

Skoda is not likely to drive in its electric car in India anytime soon as it thinks the market is not ready for such vehicles due to high acquisition cost as compared with internal combustion cars

Toyota Kirloskar to hike vehicle prices from April to offset input cost

The increase is necessitated to offset the substantial increase in input costs, it added

Tesla's Chinese rival Nio suspends production on chip shortage

Top automakers such as Ford, Honda, GM and Volkswagen were caught off guard by the shortage even as auto demand picked up during the Covid-19 pandemic

Volkswagen to seek dieselgate damages from former CEO, Audi boss

Volkswagen in 2015 admitted using illegal software to rig diesel engine tests in the United States, sparking Germany's biggest corporate crisis

Ashok Leyland launches India's first 14-wheeler DTLA truck AVTR 4120

Company claims it is India's first 4-axle truck with 40.5 tonne GVW

Mercedes-Benz rolls out A-Class limo to woo first-time luxury buyers

The A-Class launch is one of the 15 models Mercedes plans to launch this calendar year as it seeks to consolidate its leadership position in a market that has been stuck in the slow lane.

Ralf Speth, ex-CEO of JLR, to take over as TVS Motor chairman in 2023

Venu Srinivasan says Speth, an industry veteran, will mentor company in its international plans.

TVS Group's family members enter into 'brand agreement'

Entities controlled by various members of the TVS family may have executed, or will execute, similar deeds of adherence to become parties of the brand agreement.

Luxury carmaker BMW India launches 220i Sport priced at Rs 37.9 lakh

The coupe comes with two-litre petrol engine which churns out an output of 190 hp enabling it to accelerate from 0 -100 km/hr in just 7.1 seconds

World's biggest automakers suspend operations as chip supplies dry up

"Production is really vulnerable right now," Bloomberg Intelligence auto-industry analyst Tatsuo Yoshida said. "Any kind of abnormal occurrence causes parts to run out"

Wait for car models gets longer as chip shortage deepens in industry

Car dealers are losing 20 per cent of their monthly sales as models can't be supplied on time, says industry association.

JLR launches maiden electric offering Jaguar I-PACE in Indian market

The maiden offering will go on sale from 22 outlets across 19 cities

Nissan India to increase vehicle prices for all models from April

The price hike is effective from April 1

Luxury carmaker Audi launches new version of S5 Sportback at Rs 79.06 lakh

The new Audi S5 Sportback comes with features such as a flat-bottomed steering wheel, sport front seats, virtual cockpit plus

Used car market sees a continued interest from buyers amid Covid-19

2020 saw incremental growth for 1st-time car buyers, category up 3% for Maruti

Skoda lines up new products, plans to boost sales, infrastructure in India

Skoda is looking to launch multiple products, expand its sales network and enhance local content in its cars as it aims to carve out viable business for itself in the highly competitive Indian market

Auto components maker Rolex Rings Ltd submits IPO papers with Sebi

Auto-components maker Rolex Rings Ltd has filed preliminary papers with capital markets regulator Sebi to launch an initial share sale