Page 2 - Car Makers

Budget should aim long-term holistic growth for auto industry: Mercedes

The company retailed 11,242 units in 2021, a growth of 42.5 per cent over 7,893 units in 2020

Renault SA, Nissan Motor outline $26-billion electric vehicle plan

The funds will be spent over five years to roll out 35 new battery-powered cars

Tesla recalls over 475,000 US cars on technical defects: Report

Tesla is also recalling as many as 119,009 Model S cars assembled from 2014 because of a faulty front-trunk latch

Volvo to raise prices of select car models in India from January 1

As with the rest of the Indian auto industry, Volvo Car has also been impacted by rising input costs, the firm's MD said

Toyota's global output goes down 26% in Oct amid shortage of semiconductors

The world's No 1 carmaker said Monday it produced 627,452 vehicles in October

Tesla withdraws application for subsidies for German factory: Report

According to Electrek, a spokesperson for the Germany Economy Ministry confirmed the news

With new model, Ferrari honours the brand's 1960s race cars

Daytona SP3 debuted Saturday at Mugello Circuit

India must re-think plan of becoming global car making hub: Skoda MD

Country has lost the edge due to levies and differential duty structure, says Gurpratap S Boparai

Global carmakers now target $515 billion for EVs and batteries

The carmakers are planning to spend an estimated $515 billion over the next five to 10 years

Volvo Cars reports 48% jump in retail sales in Jan-Sep period

The Swedish automaker sold 1,270 units in the first three quarters of the year as compared with 856 cars in the same period of last year.

Chip crunch may last a year as demand remains robust, says IMI CEO

Automakers from Toyota Motor Corp. to General Motors Co. have been ensnared by the chip shortage, forcing many to cut vehicle output

Maruti Suzuki total sales decline 71% in May over April to 46,555 units

Maruti Suzuki India reported a 71% decline in total sales to 46,555 units in May as compared to 1,59,691 units in April as a spike in Covid-19 cases and lockdowns across various states hit dispatches

Honda Cars recalls 77,954 units of some models to replace faulty fuel pumps

The firm started this exercise last year

Mahindra Thar crosses 50,000 booking mark in six months of launch

Mahindra & Mahindra (M&M) on Monday said all new Thar has crossed 50,000 bookings, within just six months of its launch. With its design, performance, off-road capability, everyday-comfort, technology and safety, the all-new Thar continues to attract not only die-hard enthusiasts, but urban lifestyle-seekers as well, the auto major said in a statement. "We are overwhelmed with this unprecedented response that the All-New Thar has garnered; it has, infact, surpassed all our expectations," Mahindra & Mahindra Automotive Division Chief Executive Officer Veejay Nakra said. The waiting period for the model has been longer than expected, he added. "We sincerely appreciate our customers' patience and unwavering confidence in us while we are working with our suppliers to ramp up production in these challenging times," Nakra noted. The company has fast-tracked the process of increasing production capacity both at its Nasik facility and at the supplier-end to meet the demand for the

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

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

Citroen C5 Aircross SUV set to launch today: Here's all you need to know

The 5-seater premium SUV can be ordered online or through Citroen's dealership.

Volkswagen US name change to 'Voltswagen' was April Fool's joke gone awry

Earlier, the automaker caused an uproar last year with a video clip that showed a black man being controlled by a giant white hand

Wait for car models gets longer as chip shortage deepens in industry

Car dealers are losing 20 per cent of their monthly sales as models can't be supplied on time, says industry association.

Car sales rise but 2-wheelers drag sector into the red: FADA data

According to FADA data, two-wheeler numbers dropped 16% in February, while passenger vehicles' grew 10.5%

Mahindra reports 10% decline in total sales for December

Mahindra & Mahindra (M&M) on Friday reported a 10.3 per cent decline in total sales at 35,187 units in December, 2020. The company had sold 39,230 units in December 2019, M&M said in a statement. In the domestic market, passenger vehicle sales were up 3 per cent to 16,182 units last month, compared to 15,691 units in December 2019. In the commercial vehicles segment, the company sold 16,795 vehicles in the domestic market last month, as against 21,390 units in December 2019, a drop of 21.48 per cent. Exports increased by 3 per cent to 2,210 units in December 2020, as against 2,149 units in the year-ago month. "Our overall sales have been affected due to the continuing supply chain challenges related to the constantly changing global environment, more specifically the supply shortage of micro-processors (semiconductors) used in electronic control units (ECUs)," M&M Chief Executive Officer Automotive Division Veejay Nakra said. Demand continues to remain strong even ...