Page 2 - Auto Makers

M&M won't pump more funds into Pininfarina, seeks external investors

The firm is also "closely monitoring" Peugeot Motorcycles, Mahindra Trucks & Buses and Construction Equipment businesses as their "performance is below expectation"

Maruti Suzuki to launch new Alto K10 on Thursday; check design, features

After almost a decade since the current model was introduced, the new Alto K10 is receiving a big update.

Hero MotoCorp: Q1 disappoints, but there's hope of a better second half

Volumes and margins are expected to improve on the back of a good monsoon and decline in raw material costs, respectively

Consumer firms hint at a breather from price hikes as costs decline

According to economists, inflation is likely to ease by October as the monsoons have been progressing well with the cumulative rainfall being 9 per cent above the long-term average up to July 12

Sundram Fasteners' net profit rises 14.5% to Rs 138.03 cr during June qtr

The company's revenue from operations for the quarter ended June 30, 2022 came in at Rs 1,410.12 crore

Ford India sets Aug 10 deadline for employees to conclude severance talks

Ford India had increased its offer from 87 days to 124 days of average equivalent wages per completed years of service

Hybrids vs Electric vehicles battle to hot up in India's car market

The strong hybrids offer a great solution over pure EVs, as they take care of all the barriers of the pure EVs, maintain Japanese carmakers

Mahindra & Mahindra reveals new Scorpio-N's automatic, 4WD prices

Mahindra will open bookings on July 30 and the prices are applicable only for the first 25,000 buyers

Auto firms to report muted Q1 earnings on high raw material prices

Analysts expect companies to fare better in the September quarter (Q2 FY23) as moderation in prices of raw materials starts having an impact

Maruti Suzuki lines up Rs 5,000 crore capex for current fiscal year

Maruti Suzuki India (MSI) has lined up Rs 5,000 crore capex for various initiatives, including new product launches, for the current financial year, according to a senior company official.

Hyundai Motor total sales decline 5% in April; exports up to 12,200 units

Hyundai Motor India on Sunday reported a 5 per cent decline in total sales at 56,201 units in April 2022.

Skoda Auto India expands its pre-owned car biz to over 100 dealerships

Till date more than 2,500 used cars have been delivered through the company's Certified Pre-Owned network

Multiple EV models planned, will target No 1 position: New Maruti Suzuki MD

Hisashi Takeuchi confirmed that multiple EV models would follow in due course once the company launches its first EV in 2025

Japan's Honda outlines strategy to forge ahead on electric vehicles

Honda is investing 5 trillion yen ($40 billion) over the next decade in research, especially to realize a major shift to ecological electric vehicles, the Japanese automaker said Tuesday.

Maruti Suzuki to hike prices this month; recalls nearly 20,000 Eeco vans

Over the past year, the cost of the company's vehicles continued to be adversely impac­ted due to increase in various input costs, the auto major said in a regulatory filing

TVS Motor sales drop 5% to 3,07,954 units in March

Total sales of two-wheeler were lower at 2,92,918 units last month as against sales of 3,07,397 units in March 2021

Commodity crisis: Toyota to raise prices by up to 4% from April

"As a committed and customer-centric company, TKM has made all conscious efforts to minimise the impact of rising costs on consumers," said TKM Spokesperson in a statement

Renault SA, Nissan Motor outline $26-billion electric vehicle plan

The funds will be spent over five years to roll out 35 new battery-powered cars

Lamborghini hits the brakes on production of combustion cars

The Volkswagen AG brand with the track-focused Aventador, Huracan and Urus SUV models will unveil its first production car with a plug next year before electrifying its full offering by 2024

Europe car sales plunge 22%, punctuating worst year in decades

Sourcing enough semiconductors will remain arduous this year, and the pandemic continues to weigh on consumer confidence.