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Car Makers

570,000 Kias, Hyundais recalled due to fire risk. What to do if you own one

Vehicles should be parked away from homes even if they are turned off because they could experience an electrical short that could start a fire, US National Highway Traffic Safety Administration said

570,000 Kias, Hyundais recalled due to fire risk. What to do if you own one
Updated On : 25 Mar 2023 | 12:13 AM IST

Electric cars getting too big and bulky, warns US safety regulator

Homendy called out General Motors Co.'s GMC Hummer EV as a particularly egregious example of the trend toward bigger, heavier vehicles, noting it tips the scales at more than 9,000 pounds

Electric cars getting too big and bulky, warns US safety regulator
Updated On : 12 Jan 2023 | 8:36 AM IST

Top headlines: World Bank cuts economic growth forecast, DESH Bill deadlock

Business Standard brings you the top headlines at this hour

Top headlines: World Bank cuts economic growth forecast, DESH Bill deadlock
Updated On : 11 Jan 2023 | 8:39 AM IST

Maruti Suzuki expects sales of vehicles with auto gear to rise in 2023

With increasing congestion across cities in India, Maruti Suzuki India expects sales of its vehicles with auto gear shift to pick up further next year, according to company Senior Executive Officer, Marketing & Sales Shashank Srivastava. The company had introduced the auto gear shift (AGS) technology that relieves drivers from manually changing gears using the clutch, for the first time in 2013-14 on its hatchback Celerio. It has cumulatively sold 7.74 lakh units of such vehicles across its portfolio so far. "After we introduced AGS, slowly we have expanded it in so many of our models. We do believe that with increased congestion, especially in urban areas, AGS is a further addition to the ease of driving. So we believe technology will pick up even further," Srivastava told PTI. The company has nine models -- Celerio, Alto K10, WagonR, Dzire, Ignis, Swift, Brezza, S-Presso and Baleno -- which come with the AGS option. In terms of AGS penetration, he said, "It varies between 12 per

Maruti Suzuki expects sales of vehicles with auto gear to rise in 2023
Updated On : 25 Dec 2022 | 10:31 PM IST

Rising battery prices threaten to derail arrival of affordable EVs

There are several factors driving the uptick in prices, but the single most important one is rising costs for materials including cobalt, nickel and lithium

Rising battery prices threaten to derail arrival of affordable EVs
Updated On : 06 Dec 2022 | 10:33 PM IST

How feasible are Rolls-Royce and easyJet's hydrogen engines for planes?

Rolls-Royce and easyJet said that they have successfully run an aircraft engine using green hydrogen created by wind and tidal power

How feasible are Rolls-Royce and easyJet's hydrogen engines for planes?
Updated On : 30 Nov 2022 | 6:09 PM IST

Smart fasteners are not just nuts and bolts

In auto sector adhesive tapes used for attaching components in unique ways allow carmakers to experiment with designs, since they are no longer bound by linear needs of traditional metallic fasteners

Smart fasteners are not just nuts and bolts
Updated On : 27 Nov 2022 | 6:55 PM IST

Kia India profit down 25% in FY22 as tax outgo slams the brakes

Kia is one of the few unlisted global carmakers in India that saw a contraction in profits

Kia India profit down 25% in FY22 as tax outgo slams the brakes
Updated On : 24 Nov 2022 | 10:32 PM IST

Hatchback sales lose momentum in India due to changing consumer preference

Hatchbacks like WagonR and Alto have seen a decline during the past few years due to changing consumer preference

Hatchback sales lose momentum in India due to changing consumer preference
Updated On : 14 Nov 2022 | 11:41 PM IST

BMW India turns the corner, reports profit in FY22 due to high demand

The company posted its highest-ever revenue in India in FY22 at Rs 4,365.8 crore

BMW India turns the corner, reports profit in FY22 due to high demand
Updated On : 09 Nov 2022 | 12:22 AM IST

French car maker Renault splits in five businesses to boost profit

Renault said it targeted operating margins of 8 per cent for 2025 and rising to more than 10 per cent in 2030, from 5 per cent expected this year

French car maker Renault splits in five businesses to boost profit
Updated On : 08 Nov 2022 | 11:05 PM IST

Mercedes-Benz India records Rs 441-cr PAT in FY23 after two years of losses

Luxury carmaker Mercedes-Benz India recorded a profit after tax of Rs 441.4 crore in the fiscal ended March 31, 2022, after two years of losses, according to financial data accessed by business intelligence platform Tofler. The company, which is not a publicly listed entity, had posted a loss after tax of Rs 107.1 crore and Rs 86.5 crore in 2020-21 and 2019-20 respectively. Revenue from operations in FY22 were at Rs 6,188.5 crore. This was the company's highest revenue after FY19 when it had clocked Rs 6,314.3 crore with a profit after tax of Rs 311.4 crore. In the fiscal ended March 31, 2021, the company's revenue from operations had dipped to Rs 3,639 crore with the pandemic impacting vehicle sales. In FY20, the company's revenue from operations was at Rs 4,819 crore, as per the Tofler data. Mercedes-Benz India's operating revenue in the year ended March 31, 2018 was at Rs 6,077.9 crore and it had posted a profit after tax of Rs 306.6 crore. In terms of unit volume sales, ...

Mercedes-Benz India records Rs 441-cr PAT in FY23 after two years of losses
Updated On : 18 Oct 2022 | 12:15 AM IST

Chinese carmaker BYD drives into Indian e-SUV segment with Atto 3

Atto 3 can be charged from 0 per cent to 80 per cent within 50 minutes, and it has a range of 521 km. It can reach 0 to 100 km/h acceleration in 7.3 seconds

Chinese carmaker BYD drives into Indian e-SUV segment with Atto 3
Updated On : 11 Oct 2022 | 11:16 PM IST

Indian car makers propose tax cut on imports in trade deal with Britain

Indian car makers have proposed cutting to 30% the tax rate on imported cars as part of a trade deal with Britain

Indian car makers propose tax cut on imports in trade deal with Britain
Updated On : 07 Oct 2022 | 2:21 PM IST

MG Motor retail sales increase by 17% in September 2022 to 3,808 units

MG Motor India on Saturday said its retail sales increased by 17 per cent to 3,808 units in September. The automaker had sold 3,241 units in September 2021. "The waiting period continues to be 3-6 months across models impacted by supply chain constraints," MG Motor said in a statement. The company stated that its models like Gloster, ZS EV, Hector and Astor continue to do well in the market. "However, the semiconductor availability issue persists, limiting MG to supply only the Astor MT (manual transmission) model for the time being," it added. The company is hopeful about commencing deliveries of the Astor automatic variants soon, it noted.

MG Motor retail sales increase by 17% in September 2022 to 3,808 units
Updated On : 01 Oct 2022 | 12:02 PM IST

Charge of the sodium-ion brigade: How India can power e-mobility industry

India could well emerge as a global hub for manufacturing sodium-ion batteries, which is seen as an alternative or complementary technology to the more expensive lithium ion-powered batteries.

Charge of the sodium-ion brigade: How India can power e-mobility industry
Updated On : 05 Sep 2022 | 12:27 AM IST

Santosh Iyer to lead Mercedes in India as Martin Shwenk moves to Thailand

Youngest and first Indian to be appointed for the top job

Santosh Iyer to lead Mercedes in India as Martin Shwenk moves to Thailand
Updated On : 30 Aug 2022 | 12:02 AM IST

BYD to launch e-SUV in India; here's a list of its most sought-after models

BYD has been selling the E6 MPV in the Indian market since 2021. Since its launch last year, BYD has sold 400 units of the E6

BYD to launch e-SUV in India; here's a list of its most sought-after models
Updated On : 24 Aug 2022 | 11:27 PM IST

Tata Motors comes out with a SUV teaser; here's what you can expect

According to leaked images, the upcoming Tata Motors SUV may come with minor exterior upgrades and new features

Tata Motors comes out with a SUV teaser; here's what you can expect
Updated On : 24 Aug 2022 | 10:24 PM IST

Right to repair: Delhi's cellphone and auto markets cautiously optimistic

Now, as the Centre seeks to come out with a framework on 'Right to Repair' to facilitate self or third-party repair of products, chances are that new products will be available in the open market

Right to repair: Delhi's cellphone and auto markets cautiously optimistic
Updated On : 22 Jul 2022 | 10:04 PM IST