Page 13 - Automobile

Car sales in India rise but automakers warn of supply chain disruptions

Tata Motors, which is also India's largest electric carmaker, reported its highest ever annual sales of passenger vehicles, up 67% to 370,372 units from a year ago

New norms notified to ensure vehicle users' safety: Nitin Gadkari

"Every year, over five lakh of accidents happen in India, reporting over 1.5 lakh deaths in these accidents, therefore, we took a decision and made six airbags mandatory for all cars," he said

20% rise in battery cell costs increasing short-term pressure: Tata Motors

Tata Motors said the cost of battery cells had increased by around 20% because of a global surge in raw material prices, mainly lithium, putting pressure on the company in the short-term

Startup chutzpah: Newbie scooter maker Ola leads India's EV race

Ola Electric Mobility Pvt., a Bengaluru-based startup, will get state support to manufacture EV batteries that can store a total of 20 gigawatt-hours of power, the government said on March 24

Majority of consumers postpone decision to buy vehicle due to Cpvid: Report

Covid has forced 80% of consumers to postpone their decision to purchase a four-wheeler, while 82% of respondents deferred plans to buy a two-wheeler, according to a survey by Mobility Outlook.

Toyota Kirloskar to increase vehicle prices by up to 4% from April

Automaker Toyota Kirloskar Motor said it will increase prices of its entire model range by up to 4 per cent from April 1 to offset the impact of rising input costs.

8.2% of new vehicles registered in Delhi are electric vehicles: Report

Twelve schemes of the Transport Department were included in the "outcome budget 2021-22" consisting of 88 indicators

Top headlines: Supply chain hit due to Ukraine; FMCG increase products rate

Joe Biden will announce new sanctions against Russia on Thursday while in Brussels. More on that story in our top headlines.

Tata Motors to hike prices of commercial vehicles by 2-2.5% from Apr 1

Homegrown auto major Tata Motors on Tuesday said it will hike prices of its commercial vehicles range by 2-2.5 per cent, depending upon individual model and variant, from April 1

IEA suggestion for easing Russian oil shock: Restrict people's car usage

President Vladimir Putin's invasion of Ukraine has upended global commodity markets, sending prices soaring and prompting a search for alternative sources of energy

Automobile dispatches dip 23% in Feb as supply challenges continue: SIAM

Automobile dispatches from factories to dealerships declined 23 per cent in February, as various supply-side challenges, including semiconductor shortage, industry body SIAM said

2022 Maruti Baleno ups the game for hatchbacks with superior looks, comfort

Step into the newly launched 2022 Baleno and a few things immediately become crystal clear

Retail sales of domestic passenger vehicle dip 8% in February: FADA

The industry body warned that the Russia-Ukraine conflict could further impact the production of semiconductors

Motor third-party premium rates to be revised after two years

The ministry of road transport and highways released a draft notification for revising the motor third party premium rates for the financial year 2023

Auto engineer jobs up 7% in Feb driven by EV market: Report

Hiring demand for automotive engineers grew eight per cent sequentially in February driven by an uptick in the electric vehicles (EV) market, according to a report.

Two-wheeler sales skid 25% in February amid poor demand, chip shortage

Likely spike in fuel costs following soaring crude prices could delay recovery in the world's largest market for scooters and motorcycles, said analysts

CV sales pick up pace in Feb on improved macro economic factors

Cumulative CV sales at top-four players up 25% YoY to 72,434 units

Indian Rlys sees 34% rise in automobile freight at 3.35 mn tonnes in FY22

The Railways' overall annual freight rose 16% in 2021-22, to an all-time high of 1,278.8 mt

Car review: Kia Carens packs style with smart pricing

It's good looking, with stylish design cues, yet it manages to retain an authentic DNA that had come to be expected of the Korean badge

Automaker Stellantis reaps $15-billion profit in 1st year of merger

Automaker Stellantis said Wednesday that it made 13.4 billion euros (USD 15.2 billion) in its first year after it was formed from the merger of Fiat Chrysler Automobiles and PSA Group. The earnings nearly tripled profits compared with its pre-merger existence as two separate companies, as the maker of Jeep, Opel and Peugeot vehicles exploited cost efficiencies from combining the businesses. The result compared to a combined 4.79 billion euros for the separate companies in 2020 before the merger, which took effect on Jan. 17, 2021. Revenue for the combined business rose 14per cent, to 152 billion euros. CEO Carlos Tavares said the results prove that Stellantis is well positioned to deliver strong performance" and had overcome intense headwinds during the year. Automakers have struggled with shortages of key parts such as semiconductor electronic components and rising costs for raw materials as the global rebound from the worst of the coronavirus pandemic brings more demand. The co