Automaker Kia India on Monday said it has ramped up production to full capacity of 3 lakh units annually with the start of the third shift at its Anantapur plant in Andhra Pradesh. Kia India had commenced mass production from the facility in August 2019. It had recently crossed 5 lakh cumulative dispatches from the Anantapur plant, including 4 lakh domestic sales and 1 lakh exports, the company said in a statement. "We have hired additional manpower and aligned resources to minimise the waiting period on Kia cars and help us cater to the high demand in domestic and international markets," Kia India Managing Director and CEO Tae-Jin Park said in a statement. He further said, "India is a strategic market for Kia globally, and all our products have received an overwhelming response here". The company has exported cars to more than 91 countries in the Middle East, Africa, Central & South America, Mexico and the Asia Pacific since it started shipping Seltos in September 2019, Kia India
Industry is now in discussion with MoRTH to reconsider the rule pointing out that there is no country where such a regulation is mandated
The government has made it mandatory for automakers to provide three-point seat belts for all front-facing passengers in a car.
French automaker Renault on Tuesday said it has crossed the 8-lakh cumulative sales milestone in India, in a decade of its presence in the domestic market. It also said that despite the challenges faced by the industry owing to the pandemic and supply constraints, 2021 proved to be a remarkable year for Renault. India's contribution to the Renault brand's global sales has been significant, with the country among its top five global markets, the company said in a statement. "We are extremely delighted to have crossed the 8 lakh sales milestone in India. This has been a phenomenal journey. Over the last few years, we have established a strong foundation in India. "Together with a strong product strategy, Renault has been continuously undertaking strategic measures across all key business dimensions to offer a seamless brand ownership experience to its customers. All these have scripted Renault's growth story in India, said Venkatram Mamillapalle, Country CEO & Managing Director, ...
Two-wheeler sales last month declined by 13.44 per cent compared to January 2021
With the company deciding to go all-electric globally from 2033, it is a matter of time for local production of its electric cars, which has so far received a robust response in India.
The auto major is also looking at ways, including bolstering its SUV portfolio, in order to get back to 50 per cent market share in the domestic passenger vehicle segment in the years ahead.
Apple Car is also expected to use LED screens all over the vehicle to inform other drivers what the self-driving system is doing.
Tesla said on the recalled vehicles a software error may prevent the chime from activating upon vehicle start under certain circumstances
It has been a persistent issue for the automaker.
The locally assembled vehicle is powered by a 3-litre petrol engine with a 48V mild-hybrid system generating 340 hp. It can accelerate from 0-100 km/hr in 5.9 seconds
Exports of two-wheelers stood at 1,87,934 units as compared with 2,27,532 units in the year-ago month, down 17 per cent
The company sells models like Hector, Astor and Gloster in the domestic market
Chip shortage, poor two-wheeler demand and high input costs set to be spoilers
Tesla boosted its deliveries by 87% to a record high in 2021, pushing up its shares up over 13% on Monday
The appeals add to pressure on foreign companies to take positions on Xinjiang, Tibet, Taiwan and other politically charged issues
Maruti Suzuki India on Monday said it shipped over two lakh vehicles in 2021, its highest ever in a calendar year, to various markets across the globe. The company exported 2,05,450 vehicles in 2021, the country's largest carmaker said in a statement. This is the highest ever export figure in any calendar year by the company, it added. "This milestone reflects the confidence of customers around the world in the quality, technology, reliability, performance and cost effectiveness of our cars. We thank our parent company, Suzuki Motor Corporation and their distributors across global markets for their reach and support, especially in such challenging times," Maruti Suzuki India MD & CEO Kenichi Ayukawa stated. The company stands committed to live upto the trust placed by global customers and will continue to delight them, he added. The company currently exports around 15 models, including the most recent additions Jimny, Suzuki's compact off-roader and the all-new Celerio. The top .
New launches would include all-new models like the Scrambler 800 Urban Motard, Streetfighter V2, Multistrada V2, Multistrada V4 Pikes Peak, Streetfighter V4 SP, MY22 Panigale V4 and the X
Shares of the world's most valuable carmaker were up about 7% at $1,126.5 in premarket trading
Total exports (both two-wheelers and commercial vehicles) also declined 7 per cent