Page 25 - Automobile

Toyota ekes out weakest Q1 profit in 9 years as pandemic halves car sales

Toyota's operating profit plunged 98% to 13.9 billion yen ($131.73 million) for the three months ended June

US auto sales recovery amid pandemic continues as Toyota decline slows

The Japanese automaker said its sales in July fell 19% versus the same month in 2019, to 169,484 units

Tractor sales grow as monsoon, govt help for farmers lift rural economy

Companies expect to reach full capacity in August after fixing supply chains that collapsed in the months-long lockdown to contain the coronavirus

Two-wheeler sales show recovery in July; firms dispatch 769,045 units

The year-on-year decline also narrowed to 4.4% in July from the high double-digit decline in the previous month

FCA India recalls 547 units of MY20 Jeep Compass for fixing 'brace nut'

Automobile maker FCA India said it is recalling 547 units of its 'MY20 Jeep Compass' model to rectify fitment of a 'brace nut' which is used in wiper assembly as a precautionary exercise.

No BS-IV vehicle registration until decision on sale during lockdown: SC

The bench had on July 8 recalled the March 27 order by which it had allowed sale of BS-IV vehicles for 10 days across India, except in Delhi-NCR

Hero Electric partners with Autovert for subscription-based financing plans

Hero Electric on Thursday said it has partnered with fintech start-up Autovert Technologies for subscription-based financing plans for its electric two-wheelers

KTM offers additional warranty, assistance for bookings before Sept 20

With a customer base of over 270,000 lakh, India is the largest market for KTM globally

General Motors posts smaller-than-expected Covid-19 hit in second quarter

GM did not provide a earnings forecast for the year, but said it ended the second quarter with $30.6 billion in cash

Tesla CEO Elon Musk says open to supplying batteries to other automakers

Tesla Inc Chief Executive Officer Elon Musk said on Tuesday that the company is open to licensing software and supplying powertrains and batteries

Tata Motors ropes in ex-Renault boss Thierry Bollore to steer JLR

He takes over from Ralf Speth at a time when auto demand remains under pressure and JLR continues to battle multiple headwinds

Skoda Auto India expands online sales platform, offers new features

Skoda Auto India has integrated its over 80 plus dealership touchpoints pan-India

Nissan sees $4.5 bn annual operating loss as pandemic hinders recovery

Nissan Motor Co said it expects to make an annual operating loss for a second straight year, as the coronavirus pandemic hampers its efforts to emerge from a deep slump in sales

Thierry Bollore appointed as new Jaguar Land Rover CEO, says Tata Motors

Former Renault executive Bollore, who replaces Ralf Speth at JLR's helm, will assume office effective Sept 10

Kia Motors India to launch Sonet compact SUV during festive season

Kia Motors India on Thursday said its upcoming model Sonet, to be launched during the festive season this year, will inject new dynamism in the compact SUV segment in the country

June vehicle registrations dip 43% to 967,000; tractors up 10%: Report

A total of 16,93,569 vehicles were registered at regional transport offices across the country in June 2019

First FIR filed against Audi, VW in India for emission cheat device

The first FIR against Volkswagen and Audi in India for installing cheat devices in their cars to misrepresent emissions has been filed in Noida

Fresh investments in auto sector unlikely; long, dark period ahead: Siam

Wadhera said job losses in the auto sector cannot be ruled out

HMSI launches online booking platform for contactless customer engagement

Honda Motorcycle and Scooter India said it has launched online booking platform on its official website in order to strengthen contactless customer engagement in times of social distancing.

Maruti transports over 670,000 cars through Indian Railways in 6 years

Maruti Suzuki India (MSI) on Wednesday said it has transported over 670,000 cars through the Indian Railways in the past six years, witnessing a CAGR of over 18%