All stories by Shally Seth Mohile
India Inc opens its coffers for PM-CARES FundRediff.com1 days ago
From offering office premises that can be converted into isolation wards to earmarking funds to be used for procuring kits, ventilators as well as personal protective equipment for health care workers, India Inc has put a united front to combat the unprecedented crisis facing the country.
Tatas commit Rs 1500 crore to fight coronavirusRediff.com2 days ago
The donation by Tata Sons and Trusts is the biggest sum committed by a corporate and its philanthropic arm since the outbreak of Covid-19. Others, including Reliance Foundation, Mahindra Group, Bajaj Group, and ITC, are lending support too in the battle against the pandemic.
Tata Motors to separate passenger car businessRediff.com3 days ago
The business will also see a change of guard. Shailesh Chandra, president of EV and corporate strategy, will replace Mayank Pareek as president of PV business, including EV, with effect from April 1. Pareek will be superannuating from the company after a six-year stint at the end of February 2021. Chandra and Pareek will work on transition over the next few weeks.
With no food or hope, truckers stranded at borders across the countryRediff.com5 days ago
Some 500,000 drivers and helpers have been left high and dry because of lockdown; many of these trucks are carrying essential goods.
Auto Expo in the time of coronavirus sees fewer brandsRediff.com5 Feb 2020
Owing to the poor market conditions and tepid sentiments, the size of the show has shrunk compared to the last edition, which took place in 2018. A majority of the two-wheeler makers, and several car and commercial vehicle makers, have opted out of this year's show, which opens for the media on Wednesday.
It's 2020, but motown is still in slow laneRediff.com4 Feb 2020
From Hyundai to Tata Motors, automakers are staring at a bleak future. With no succor provided in the Budget, the pain for companies is likely to continue for the next two quarters.
Chinese auto-makers cross Great Wall, drive into Auto ExpoRediff.com29 Jan 2020
Chinese automakers Great Wall Motors, FAW Haima Automobile, and Changan Automobile, after dithering about entering India for some years, have been encouraged by the robust sales performance of the late entrants Kia Motors and MG Motors even in a slowing market.
With Bajaj in sidecar, Triumph to jointly roll out bikesRediff.com25 Jan 2020
It's the first time in its 178-year-old history that the iconic British motorcycle firm owned by the Bloor family has got into an alliance. Three years after announcement, the two companies formally signed on the dotted lines on Friday for a long-term partnership, which aims to achieve global scale in a segment in which Royal Enfield has head-start.
MG Motors' electric vehicle sold out before launchRediff.com21 Jan 2020
This number is more than the total number (1,071) of electric cars sold in India in calendar year 2019. MG has stopped registrations for the ZS and will cater to 2,409 of the total bookings.
Chinese auto co to acquire GM's Talegaon plantRediff.com18 Jan 2020
The move marks the entry of GWM, one of the largest manufacturers of sport utility vehicles (SUVs) and pick-ups, into the Indian market and a complete exit for GM from the country, two years after it stopped selling cars here.
BS-VI switch will hit 2-wheeler sales until DiwaliRediff.com16 Jan 2020
The BS-VI norms are expected to increase the price of two-wheelers by 10-14 per cent.
Maruti only Indian firm among Morgan Stanley arm's top-20 stocksRediff.com8 Jan 2020
Morgan Stanley Sales & Trading, US, believes the stock is better value for money than others and has a upside as high as 73 per cent. A slowdown in the economy has hit demand and led to a fall in overall consumption in an auto market which till recently was one of the fastest growing in the world.
Maruti is not worried about its exit from dieselRediff.com12 Dec 2019
Maruti is sticking to this strategy at a time when rival Hyundai is looking to make the most of the monopoly it will have in the compact diesel segment from April 1, 2020, when the BSVI emission norms kick in. The market leader's confidence stems from the rapid shift in favour of petrol in the PV segment. For newer models such as MG Hector and Seltos, nearly 75 per cent bookings are for petrol variants, Kia has 55 per cent from petrol variants. The change in customer preference from diesel variants to petrol has happened quickly over the past few years.
Tata Motors to cut delivery time with regional stockyardsRediff.com9 Dec 2019
This will ensure its vehicles reach dealers much faster and delivered to buyers in a maximum of three days, reports Shally Seth Mohile.
Hyundai is betting big on compact diesel carsRediff.com3 Dec 2019
The entire range of Hyundai's diesel cars - from compact ones to SUV models, including the soon-to-be-launched Aura - will be eco-friendly.
Ahead of BSVI, bad news awaits car buyersRediff.com26 Nov 2019
Let alone a discount, they might not even get the model, variant or colour of choice in BS-IV-compliant vehicles.
Festive sales bring cheer to automakersRediff.com12 Nov 2019
The growth in the PV segment was primarily led by car market leader, Maruti Suzuki India, which saw its dispatches to dealers grow 4.4 per cent YoY to 144,277 units after 10 months of drop. It was driven by new launches, such as the S-Presso, a mini sport UV.
How M&M plans to counter worst sales slump in truck marketRediff.com15 Oct 2019
Mahindra is the latest among a clutch of other manufacturers that have been using services, fuel efficiency and packages as unique selling proposition. Sales of Mahindra's heavy trucks dropped to 3,427 units in the eight months from April to September.
Large hotel chains cut use of PET bottlesRediff.com10 Sep 2019
Large chains like the Marriott and Taj that are estimated to consume two million plastic bottles a year have taken a conscious decision to first eliminate PET bottles on their premises and then reduce the use of single-use plastic altogether, saying they are all for a sustainably environment-friendly tomorrow.
Auto dealers look for plans to revive sales, arrest job lossesRediff.com5 Sep 2019
Auto sales have been declining for 13 straight months as a broader slowdown in the economy has crippled demand across the country.
Truck sales crash 60% in AugustRediff.com4 Sep 2019
The overall volume at India's top four M&HCV makers - Tata Motors, Ashok Leyland, Volvo Eicher, and Mahindra & Mahindra - fell 59.5 per cent to 31,067 units during the month.
Auto dealers upbeat on revival; see pick-up in festive salesRediff.com14 Aug 2019
The optimism stems from benign fuel prices, adequate and well distributed rainfall and the recent measures announced by the government to boost liquidity at banks and NBFCs.
Anand Mahindra wants govt to cut GST for auto sector revivalRediff.com8 Aug 2019
Net profit at M&M and Mahindra Vehicle Manufacturing Ltd contracted to Rs 918 crore from Rs 1,238 crore a year ago while revenue and other income decreased to Rs 12,997 crore from Rs 13,551 crore a year ago.
EV: Govt extends olive branch to automakersRediff.com1 Aug 2019
The change in stance follows a strong opposition by automakers of the proposed government plan to ban two-wheelers (below 150cc) and three-wheelers by 2023 and 2025, respectively
Industry divided over Budget sops for EVsRediff.com8 Jul 2019
While home-grown firms like Tata and Mahindra have been actively participating in the government's e-mobility mission, by launching electrified versions of their existing models, the global firms believe electric is not the best solution for a country where the primary source of power generation is coal, and where infrastructure is a big impediment.
Jaguar Land Rover CEO Ralf Speth's salary falls 42% in two yearsRediff.com4 Jul 2019
JLR, the maker of Jaguar F-Type and Range Rover Evoque, was a jewel in the crown of Tata Motors till two years back. But, it has been struggling because of the pending Brexit, a sharp contraction in sales in China, a shift in consumer preference from diesel to gasoline in Europe, higher taxes on diesel vehicles, and tightening regulations.
Lemon Tree Hotels will divest 49% stake in 2 yearsRediff.com28 Jun 2019
Most of the hotels in the country, including the Indian ones that traditionally owned assets, have embarked upon an asset light model for a faster growth and quicker returns. Lemon Tree is likely to announce a deal with Keys Hotels in the next two weeks.
M&M now plans an African safari with ScorpioRediff.com4 Jun 2019
M&M is keen to increase the number of factories in the Africa region and plans are afoot to have one each in Sudan and Kenya.
How Indian Hotels plans to spread its wingsRediff.com28 May 2019
In a departure from the past, when IHCL adopted the organic route for entering markets like London and New York, this time around the expansion will be acquisition-led.
Flash Electronics files patent case against Royal EnfieldRediff.com21 May 2019
Flash Electronics alleges Royal Enfield infringed its patent on regulator rectifier device.
In a first, Hero offers buyback for scootersRediff.com13 May 2019
Now, you can own a two-wheeler for Rs 18.5 per day
Used car market to reach 7.2 mn units in 3 yearsRediff.com4 May 2019
The used car market is now 1.2 times the size of the new car market.
M&M, Ford ink pact to develop a mid-sized SUVRediff.com26 Apr 2019
Teams of both companies are collaborating on all areas of mutual interest including electrification, distribution and product development.
Why Maruti will phase out diesel carsRediff.com25 Apr 2019
The diesel car becomes too expensive with BS-VI and market assessment says the customer will not buy it at that price, says R C Bhargava, chairman, MSIL. He expects buyer preference to change swiftly in favour of petrol, CNG, and other alternative technologies.
Passenger vehicle sales grow slowest in 4 yearsRediff.com9 Apr 2019
It came on the back of tepid dispatches in the March quarter as consumer sentiment took a knocking, owing to uncertainty ahead of the general election.
Motown bracing to drive in slow lane, at least for some monthsRediff.com2 Apr 2019
Cumulative sale at India's top six passenger vehicle (PV) makers dropped 0.7 per cent to 267,000 units, from 269,000 a year before.
A classic is back as Jawa sales hits bulls eyeRediff.com23 Mar 2019
Barely a month after breaking covers, the models -- the Jawa, the Jawa 42 and the Perak -- were sold out, reports Shally Seth Mohile.
Will you junk your SUV for the new Honda Civic?Rediff.com18 Mar 2019
The Rs 17.70-lakh Honda Civic competes with the Skoda Octavia, Toyota Corola Altis and Hyundai Elantra.
Success story of the stunning XUV300Rediff.com15 Mar 2019
At a price starting from Rs 849,000 and going up to Rs 12.14 lakh, the XUV300 competes with the Maruti Brezza, Tata Nexon, Ford EcoSport, and Honda WR-V.
Auto cos report marginal rise in Feb salesRediff.com4 Mar 2019
Cumulative sales of India's top passenger vehicle makers -- Maruti Suzuki, Mahindra and Mahindra, Tata Motors, Honda Cars, and Toyota Kirloskar -- increased to 206,418 units in February over 200,322 units in the same month last year, an increase of 3 per cent.