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Automobiles
Mercedes-Benz sold 9,262 units in H1CY24
Aided by growing class of high disposable income consumers, India’s top two players in this segment registered their best-ever first-half-year sales in calendar year 2024.
Bajaj launches Freedom 125, world’s first CNG-powered bike
The bike offers a 330 km range combined with 65 km per liter from its 2-liter petrol tank and the rest from the 2-liter CNG tank
Honda overtakes Hero in June two-wheeler sales
In the domestic market, however, Hero MotoCorp maintained its lead by a meagre 9,000 units.
Maruti Suzuki India, Tata Motors log sales growth in April-June quarter
Mumbai: Maruti Suzuki India sold 179,228 units in June, compared to 159,418 units in the same month last year, it said on Monday.
In the April-June period of the current fiscal (FY25), the company sold 521,868 vehicles, compared…
Hyundai Motor, labour union agree to hire 1,100 new plant workers by 2026
Seoul: Hyundai Motor and its labour union on Friday reached an agreement to hire 1,100 new manufacturing workers by 2026.
The agreement was reached in the tenth round of negotiations related to wages and working conditions held at…
South Korea’s auto exports to reach record $74.7 billion in 2024: Report
Seoul: South Korea's car exports are forecast to reach a record high this year, driven by solid demand for eco-friendly models and Sport Utility Vehicles (SUVs), an industry association said on Sunday.
According to the Korea…
Centre introduces 2 new standards to boost safety of EVs
New Delhi: In a bid to boost the safety and quality of electric vehicles (EVs), the Bureau of Indian Standards (BIS) on Saturday introduced two new standards.
The two new standards -- 'IS 18590: 2024' and 'IS 18606: 2024' --…
Hyundai Motor’s envisioned US plant to prioritise EVs: CEO
Seoul; A new car manufacturing plant by Hyundai Motor, South Korea's largest automaker, under construction in the US state of Georgia will prioritise producing electric vehicles despite a temporary fluctuation in market demand, the…
CCI okays Mitsubishi’s acquisition of equity in two TVS companies
New Delhi: The Competition Commission of India (CCI) said on Tuesday that it has approved the acquisition of equity stakes in TVS Certified Private Limited and TVS Vehicle Mobility Solution Private Limited by global giant Mitsubishi…
Hyundai, Kia take record market share of US EV market
Seoul: South Korea's top automaker Hyundai Motor and its sister company Kia captured the largest share of the US market for electric vehicles (EVs) in the first five months of 2024, data showed on Sunday.
The two carmakers accounted for…
निसान मोटर ने किया वीकेंड कार्निवल का एलान
चंडीगढ़: निसान मोटर इंडिया ने निसान वीकेंड कार्निवल का एलान किया है। भारत में कंपनी के संपूर्ण डीलरशिप नेटवर्क पर 8-9 जून और 15-16 जून को ग्राहक इस कार्निवल का हिस्सा बन सकेंगे। इस कार्निवल का उद्देश्य मैग्नाइट के मौजूदा और संभावित ग्राहकों…
May vehicle sales moderate to 4% at 3.50 lakh units
Sales growth of MSIL’s entry-level and compact cars were again in negative territory.
Maruti Suzuki’s sales decline by 2 pc in May
New Delhi, June 1 (IANS) Leading automaker Maruti Suzuki, on Saturday, reported sale of 1,74,551 units in May, down by 2 per cent (year on year) from 1,78,083 units in the same period last year.
India's largest automotive brand saw…
Mahindra pegs Rs 34,000 crore capex by FY27, lines up 23 models by 2030
As much as Rs 27,000 crore of the planned Rs 34,000 crore capex and investment will go into the mobility segment
Biden hiking tariffs on Chinese EVs, solar cells, steel, aluminum — adding to tensions with Beijing
The tariffs come in the middle of a heated campaign between President Joe Biden and his Republican predecessor, Donald Trump, in which both candidates are vying to show who’s tougher on China.
Eicher Motors Q4 net profit up 18% to Rs 1,070 cr; revenue at Rs 4,256 cr
The company posted a profit after tax of Rs 906 crore in the same period last year.
Volkswagen strengthens retail footprint with new store in TN
With the setting up of a new outlet at Ambattur in Chennai, the total network for the automobile major stands at 26 sales and 20 service facilities in Tamil Nadu.
Waning demand, high base effect pull down car sales
The industry is now pinning hopes on new launches, a normal monsoon and a favourable election outcome to generate fresh demand and push sales growth numbers higher.
Tech Mahindra shares zoom as co unveils three-year roadmap to bounce back
The IT services company on Thursday reported a 41 per cent fall in consolidated net profit for the March quarter to Rs 661 crore amid weakness in the communications vertical
Maruti Suzuki India Ltd net up 48%; Chairman sees demand post elections
On falling EV sales in the global market, Bhargava said that EVs are one of the key technologies for reaching the carbon neutrality goals.