Page 22 - Automobile Industry

General Motors' newest vehicle: Off-road, self-driving rover for moon

General Motors is teaming up with Lockheed Martin to produce the ultimate off-road, self-driving, electric vehicles for the moon.

EV takeoff should come by around 2025: Volkswagen India's Ashish Gupta

Volkswagen India's Gupta tells Pavan Lall the firm's plans for the subcontinent remain on track despite the Covid speed-breaker,

Tata Motors narrows Q4 loss on strong operational show by JLR, India biz

The company took a hit of Rs 15,000 crore to re-cast JLR business

Bulls gain strength: Sensex reclaims 50,000, Nifty ends above 15,000

Fall in Covid-19 cases, prospect of economy normalising in near term lift indices for a second day

Covid-19: Hero MotoCorp extends shutdown of plants across India till May 16

Two-wheeler market leader Hero MotoCorp on Sunday said it is extending the shutdown of its plants across India by another week till May 16 in view of the prevailing COVID-19 situation in the country. The shutdown also includes the Global Parts Center (GPC) in Neemrana and R&D facility the Centre of Innovation and Technology (CIT) in Jaipur, Hero MotoCorp said in a statement. Last month, the company had announced temporary stopping of operations at all its six manufacturing units located at Dharuhera and Gurugram, Haryana; Chittoor in Andhra Pradesh; Haridwar in Uttarakhand; Neemrana in Rajasthan, and Halol in Gujarat with a total yearly production capacity of 90 lakh units. "The company is continuously monitoring the situation and is ready with its business continuity plans to be able to quickly resume and scale up operations as and when the situation improves," the statement added. The extension of suspension of operations at the plants is also in line with its commitment to the

India topped 2020 vehicle imports into South Africa despite Covid-19 impact

India was the top country of origin for vehicle imports into South Africa despite the lengthy Covid lockdowns and overall declines in vehicle sales in 2020, according to the latest 2021 auto report

Maruti Suzuki's margins may slip further on higher commodity costs

Demand trajectory, market share losses are other concerns

Ashok Leyland's LCV gamble pays off with a little help from the pandemic

Its offering Bada Dost has helped in huge market share and volume gains

Domestic auto sales in India go below 2015 levels amid Covid-19 crisis

The situation was not very different globally

Setting up a semi-conductor fab plant: Will India be third time lucky?

The government hopes to learn from two failed attempts in 2007 and 2013 to attract fab manufacturers to India but it's up against some stiff challenges

Large but easy to drive, BMW 6 Series GT lives up to its 'grand tourer' tag

The car serves up comfort on long drives

Bajaj puts brakes on bookings of e-scooter Chetak due to high demand

Attributes move to supply chain uncertainties, receives 'overwhelming' response for model

Auto plants in Maharashtra scale down operations to align with guidelines

Overall monthly production likely to be hit by 30-40%

From maharajas to mass market

Book review of The Indian Automobile - An Indian Love Affair

Low base, recovery in demand to drive up auto firms' Q4 earnings

Recovery in the African and Latin American markets should help exporters post better growth than the domestic market

Financiers buy into India's used car business amid uptick in demand

An expansion of demand driven by economic uncertainty has accelerated the plans of organised players to tie up with banks and NBFCs

India auto sales down 13%, industry retreats by six years in pandemic

Companies sold a total of 18,615,588 of automobiles in FY21, lowest since FY15: Association.

Can EV manufacturer Tesla win India? Most US carmakers have failed

Most American car-makers have failed in making their gambit one to watch

Mahindra to invest Rs 3,000 cr on electric vehicle business in next 3 years

Mahindra & Mahindra Ltd will put in fresh investments to the tune of Rs 3,000 crore on its electric vehicles business in the next three years, while it looks for more alliances and partnerships in the vertical, according to a top company official. M&M is working on developing on an EV platform by combining capabilities of its operations across the globe, including Detroit and Italy. "So, for EVs we are going to invest Rs 3,000 crore additional to what we have talked about," Mahindra Group Managing Director and CEO Anish Shah told PTI. Mahindra & Mahindra Ltd had earlier said it was investing Rs 9,000 crore in auto and farm sectors in the next five years. The company, which has set a goal of putting 5 lakh electric vehicles on Indian roads by 2025, has already invested Rs 1,700 crore in the EV business in India with another Rs 500 crore on a new research and development (R&D) centre. While it has already opened its electric technologies plant in Bengaluru that produces .

French carmaker Citroen drives into India with Rs 29.9-lakh C5 Aircross SUV

In a first, company to deliver car at customer's doorstep from the factory