Page 9 - Automakers

Tata Motors domestic wholesales increase 28% in September

Tata Motors on Friday said its total domestic wholesales increased 28 per cent year-on-year (y-o-y) to 55,988 units in September. The company had dispatched a total of 44,410 units to its dealers in September 2020. The auto major said its total passenger vehicle sales in the domestic market stood at 25,730 units last month, compared with 21,199 units in the same month last year. Commercial vehicle sales in the domestic market stood at 30,258 units, up 30 per cent from 23,211 units in September 2020, it added. In the July-September 2021 quarter, the automaker sold a total of 1,71,270 units in the domestic market, up 55 per cent from 1,10,345 units in the second quarter of 2020-21. "After the second COVID-19 wave, markets are witnessing gradual demand recovery across most segments led by M&HCVs (medium and heavy commercial vehicles) with improving fleet utilisation levels, higher number of road construction projects awarded and improving cement consumption," Tata Motors Executive ..

Honda Cars India reports 34 pc dip in domestic sales at 6,765 units in Sept

Honda Cars India Ltd (HCIL) on Friday reported a 33.66 year-on-year dip in domestic sales at 6,765 units for September. The company had sold 10,199 units in the domestic market during September 2020, HCIL said in a statement. Exports stood at 2,964 units last month as compared with 170 units in September 2020, it added. "On the demand side, there is good momentum in the market with improved buying sentiment. "However, the supply chain hurdles, including the widespread chip shortage, have been a big challenge right now for the industry, which impacted our production volume and despatches during last month," Honda Cars India Senior Vice-President and Director (Marketing and Sales) Rajesh Goel said. The company would continue to align its production through best efforts to tide over this shortage in the coming months, he added. "With the onset of the auspicious Navratra period next week, the festive season will see further rise in demand for our refreshed line-up and we are positive

TVS Motor reports 6% increase in sales for September

Total exports last month grew by 20 per cent at 1,02,259 units, against 85,163 units in September 2020.

Automaker Kia India reports 23% decline in wholesales in September

The company sold 4,454 units of Sonet, 9,583 units of Seltos, and 404 units of Carnival last month to dealers.

Hyundai India sales decline 24% in September to 45,791 units

Exports increased 34.3 per cent to 12,704 units as compared with 9,600 units in September last year

Maruti Suzuki sales decline 46% to 86,380 units in September

The company had sold 1,60,442 units in September last year

Toyota Kirloskar Motor to raise vehicle prices from October

According to the auto manufacturer, the hike has been necessitated to partially offset the increase in input costs

Ford to invest in electric vehicle production, create 11,000 jobs

The auto company is in the race to catch up with the electric car company Tesla

Tata Motors rolls out 1,00,000th unit of Altroz from Pune plant

Tata Motors on Tuesday rolled out the 1,00,000th unit of its hatchback Altroz, from the company's manufacturing facility at Pune. The city-headquartered vehicle maker had commenced Altroz production at the fag-end of November 2019. It launched the vehicle in January 2020. The first vehicle model built on the ALFA (Agile Light Flexible Advanced) architecture, the Altroz, has acquired the top 2nd position in the premium hatchback category in the current fiscal, with more than 20 per cent share with an average monthly sale of around 6,000 units in FY22, Tata Motors said in a release. Moreover, the car clocked its maximum sales of 7,550 units in March this year, it added. "We have crossed a major milestone, rolling out the 1,00,000th unit, during these challenging times and are grateful for the constant support and loyalty of our customers and partners. "The Altroz occupies a pride of place in our New Forever range offering a wide variety of options in the premium hatchback segment,"

Ford family member named head of global brand merchandising

A member of a new generation of Ford family members is taking on another leadership role at the automaker.

Two-wheeler to car sales: Record low ratio shows Covid impact on poor

Analysts fear that this time, it may take many years of double-digit growth for the industry to recoup the loss in sales volume

Worsening chip shortage to cost world's automakers $210 billion

Shortage costs balloon more than 90%; sales to suffer

Explained: How chip shortage is impacting automakers, other industries

Everybody in the ecosystem is hoarding, or buying excess chips. Some are even buying four times their usual requirements

Cabinet clears Rs 26,000-cr PLI scheme for auto sector to boost production

Over a period of five years, the PLI scheme for the auto sector will lead to fresh investments of over Rs 42,500 crore and incremental production of over Rs 2.3 trillion

Skoda Auto plans to set up 30 'compact workshops' pan-India by this year

The firm announced its plans to set up 30 'compact workshops' pan-India by this year for providing periodic maintenance and servicing requirements to its customers in the domestic market

BMW drives in new trims of X5 with price starting at Rs 77.9 lakh

German luxury carmaker BMW on Monday said it has launched the new variants of its premium SUV X5

Tata Motors drives in CNG version of Tata 407 at Rs 12.07 lakh

Tata Motors on Monday said it has launched the CNG version of its light commercial vehicle Tata 407 priced at Rs12.07 lakh (ex-showroom, Pune). Tapping into the benefits of CNG, the vehicle offers profits of up to 35 per cent over the diesel variant, Tata Motors said in a statement. The vehicle comes with a 10-feet load deck and further strengthens the company's extensive CNG portfolio, ranging from 5-tonne to 16-tonne gross vehicle weight (GVW), in the intermediate and light commercial segment, it added. "With a steep increase in diesel prices, CNG vehicles have the potential to increase the profit potential significantly, and we are confident that the 407 CNG, in addition to the widest CNG range offered by Tata Motors, will bring a lot of value to our customers," Tata Motors Vice President (Product Line I&LCV) Rudrarup Maitra said. Arguably the most legendary commercial vehicle in India, with over 35 years legacy, the vehicle has consistently remained a customer-favourite, ...

Electric carmaker Tesla pushes its full self-driving Beta v10, says report

This is a version that CEO Elon Musk called "mind-blowing"

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'Happened rapidly': How a single Covid case rocked world's biggest carmaker

Toyota slashes output in September by 40%: a fallout of a series of disruptions that started when a worker at a supplier's plant in Vietnam tested positive for Covid.