Automobiles

In the first half of FY24, Bajaj Auto’s total export (two-wheelers and commercial vehicles) was down 23% year-on-year(YoY) to 8,02,248 units.

The move will simplify the management of Maruti Suzuki's various operations in the country, the automaker said.

'Tata Motors and TPG Rise Climate SF Pte. Ltd, a climate focused private equity fund, has entered into a share purchase agreement on October 13, 2023', said Tata Motors in a stock exchange filing.

Analysts were surprised by sales momentum in two segments in September – commercial vehicles and SUVs – even as other segments saw tepid demand.

TVS manufactures three BMW Motorrad models – BMW G310 R, BMW 310 GS and BMW G310 RR - which are sold in over 100 countries.

The company is in the final stages of development of the technology and looking to localise the technology and scale up the model across the globe.

At present, most carmakers offer the 6 airbag feature on the top-end variants of their model while the base models are fitted with either two or four airbags.

For the first six months of FY24, Hero’s total sales stood at 27.69 lakh units, a drop from 28.18 lakh units sold in the same period last financial year.

There has been growth in monthly dispatches from original equipment manufacturers (OEMs) as they are stacking up inventory in dealer showrooms in anticipation of a strong festive season.

The notice pertains to the matter of tax liability under reverse charge basis on certain services for the period of July 2017 to August 2022, Maruti Suzuki India said in a regulatory filing.

BMW iX1 is available in Alpine White non-metallic paint and Space Silver, Black Sapphire and Storm Bay metallic paintworks.

He made the remarks while addressing the 50th National Management Convention organised by the All India Management Association (AIMA).

The case was lodged after the complainant, who lost his son Dr. Apoorv Mishra in an accident on January 14 last year, approached a local court to get the order for lodging the case on Saturday.

The materials, which will be used in such Sodium-ion batteries, can be fabricated in-house. Hence, the batteries would be a live example of ‘Make in India’ and ‘Make for India’.

Anyone shopping for a new, used or leased car right now will also be hit by higher interest rates, according to Bankrate.

Positive development for carmakers as price rise due to airbag additions would have impacted demand

The steady demand for two wheelers in August was attributed to the sustained outperformance of the premium segment and gradual recovery in EV volumes.