Page 6 - Automakers

Tata Motors shares jump nearly 4% on strong December sales; PV sales up 50%

In the third quarter ended December 2021, the company said its total passenger vehicle sales stood at 99,002 units as compared with 68,806 units sold the same period in the previous year

Volvo to raise prices of select car models in India from January 1

As with the rest of the Indian auto industry, Volvo Car has also been impacted by rising input costs, the firm's MD said

Tesla recalls nearly half a million cars over safety issues

Tesla is not aware of any crashes, injuries or deaths related to the issues with its Model 3 and Model S cars, the US road safety regulator

Gadkari asks automakers to start producing flex-fuel vehicles in 6 months

The minister pointed out that flex fuel vehicles are capable of running on a combination of 100 per cent petrol or 100 per cent bio-ethanol and their blends

Daimler India breaches pre-Covid levels with record exports

Daimler said India was a key hub for its trucks, with the Indian subsidiary not only serving the 'growing' domestic demand, but also shipping to over 60 destinations across the globe

Pre-owned vehicle mkt in India likely to reach 8.2 mn units by FY26: Report

It also said that the market size is expected to grow to USD 70.8 billion by 2030 at a Compounded Annual Growth Rate of 14.8 per cent between 2021 and 2030

Govt has directed carmakers to introduce flex-fuel engines: Gadkari

Gadkari also said the government is working to encourage the use of green and alternative fuels

Omicron worries may impact passenger vehicle supply: FADA

The industry body, however, noted that it expects the semiconductor shortage situation to normalise by the second half of next year

TVS Motor partners what3words to offer easy navigation to 2-wheeler users

The company has integrated the innovative location technology of what3words into its customer app TVS Connect

Toyota Kirloskar eyes wholesales to grow over 60% YoY in 2021

The product refreshments in both these models have helped retain huge customer interests and orders

Most consumers have strong intent to buy vehicle in next 12 months: Survey

The strong intent to purchase a vehicle reflected a healthy recovery in overall spending habits, it added

Hyundai Motor appoints Unsoo Kim as managing director in India

South Korean auto major Hyundai Motor Company on Friday announced a top level change in its Indian operations with Unsoo Kim slated to take over as Managing Director from January 1, 2022.

Second generation Honda Amaze crosses 200,000 cumulative retail sales mark

The company had introduced the second generation of the compact sedan in May 2018

EV market to see investment of Rs 94,000 cr in next 5 years: Report

The report 'Electric Mobility in Full Gear' mentioned that the electric vehicle (EV) industry in India is currently at a nascent stage but it is likely to grow

CarTrade to deploy up to $100 mn to acquire, invest in automotive firms

CarTrade Tech said it is actively looking for companies in all aspects of the automobile ecosystem

Kia plans to announce EV strategy for Indian market next year

The company, which unveiled its all new model -- Carens -- for the Indian market, is considering all aspects related to the electric vehicle (EV) segment before coming out with a final blueprint

Kia unveils all-new 'Carens', launch in first quarter of next year

South Korean automaker Kia on Thursday unveiled its all-new model 'Carens' for the Indian market.

BMW electric all-wheel drive iX sold out on first day of launch in India

Deliveries will start by the beginning of April 2022

Tesla now has 7 EV variants approved in India, says report

Earlier this year, Musk noted that a Tesla factory in India might be possible if Tesla were to succeed with imported vehicles

Hero Electric reports retail sales of over 7,000 units in November

The company said it had sold 1,169 units in the corresponding period last year