Hyundai Motor and Toyota Kirloskar Motor have announced the suspension of manufacturing operations at their respective plants amid coronavirus outbreak. On Sunday, various automakers like Maruti Suzuki India, Honda Cars, Mahindra & Mahindra and Fiat announced a temporary halt in manufacturing operations at their respective facilities.
Tata Motors, Ford, Nissan, Maruti Suzuki, Toyota Kirloskar, BMW, Renault and Isuzu have also announced price hike from next month citing impact of increase in commodity prices and foreign exchange rates.
An ardent fan of F1 driver, Max Verstappen, Yuvraj keenly follows the Scuderia Ferrari Formula1 team.
Tata Motors has halved the volume outlook for its UK subsidiary Jaguar Land Rover Automotive (JLR) and warned of lower earnings as it sees the semiconductor shortage deepening in the September quarter of the current financial year, according to a notification issued by the company to the stock exchanges on Tuesday. The announcement caught investors unawares. They were hoping for a quicker recovery. Tata Motors' stock tanked 13 per cent (on July 6) from the day's high of Rs 358.10 and hit the lower circuit (Rs 311.45) in intra-day trades.
And it feels entirely different when compared to all its earlier avatars, observes Pavan Lall.
Shobaa De has raked up another row and is being trolled again for questioning the gifting of the BMW cars to Rio Olympic medallists Sakshi Malik, PV Sindhu and her coach P Gopichand as well as Olympian gymnast Dipa Karmakar.
The state government's statement came soon after Dutee tried to douse the controversy that erupted when she put her BMW car on sale.
Note ban, diesel ban have little impact as Mercedes posts marginal decline, while BMW sales rise 14 pc.
Veer Arjun Singh finds out what a bunch of passionate bikers can teach us about the adrenaline-fuelled hobby
The 2-door vehicle may finds its way back in India with the launch of the all-new Thar by Mahindra and Mahindra, says Rajesh Karkera.
And here's why BMW superbike S 1000 R costs a bomb!
It's not everyday that the guards of a five-star facility on EM Bypass are taken aback to find City of Joy's most loved icon Sourav Ganguly getting down from yellow ambassador taxi to attend a Board of Control for Cricket in India meeting.
There's a car and bike to match every personality and every budget in 2018, say P Tharyan and Joshua David Luther
Seven years after it announced Nexa, there's no mistaking the seriousness with which Maruti wants the segment to grow, says Pavan Lall.
With all the safety equipment that it features, the S60 could be the smarter, more mature sedan alternative that consumers in this price category want, says Pavan Lall.
While the Q5 is a light driving car that feels like you can easily fling it over and around brooks and brushes and hills and plains, it's also versatile in that its rear seat is as comfy and spacious as you'd expect, says Pavan Lall.
With cars like the Toyota Corolla and the Honda Civic selling in very small numbers and potentially even being phased out, the Octavia has very little competition, says Pavan Lall.
BMW has a huge task of luring buyers. Mercedes managed 400 booking of A Class within 10 days of launch.
If one leaves aside 2016, when sales declined 4.68 per cent, the pace of growth in 2018 is the slowest in a decade, according to IHS Markit, a sales forecast and market research firm.
'Some of the launches may get deferred due to the semiconductor shortage, which is unlikely to get resolved before the second half of 2022.'
An MLA's son, who hit an autorickshaw and a police PCR van with his speeding BMW killing three persons and injuring five others, had consumed alcohol five times the permissible limit.
The Audi mobile showroom will tour 30 cities over the next two years.
The not-so-mini MINI Countryman is the first 5-door model from the company under BMW ownership and also the only model which isn't manufactured in the UK. Positioned as a crossover SUV, the niche vehicle has garnered a cult following in India as well due to its premium looks and supreme driving dynamics. Thus MotorBeam.com decided to test the latest edition of the car and give their opinion about the British offering.
The Cullinan's exterior is completely customisable, and hence you get to choose exactly how your it should look. The hand-built interior offers immaculate precision and makes you feel exclusive, as every Rolls-Royce does. Driving this vehicle is a breeze, and the gearbox functions like it does not exist.
Private equity (PE) is set to play a bigger role in banks. Of 21 recommendations accepted by the Reserve Bank of India (RBI) out of 31 made by its Internal Working Group (IWG), its stance on non-promoter holdings in private banks is seen with excitement, though it doesn't refer to PEs explicitly. On non-promoter holdings in these banks, the RBI said this will be capped at 10 per cent of the paid-up voting equity share capital in the case "of natural persons and non-financial institutions and entities"; and "at 15 per cent for all categories of financial institutions, entities, supranational institutions, public sector undertaking, or the government." While this is a modification of the IWG's stance for the non-promoter holding in banks at up to 15 per cent, it does open up a huge window for PEs, all the same. This is because, while the RBI has remained silent on the eligibility of industrial houses for bank licences, fresh high-quality capital in large amounts can only come from PEs.
While the rich are buying expensive luxury vehicles in Patna, the poor continue to suffer. The pandemic, discovers M I Khan, has cast new light on the stark economic divide in the capital city of Bihar, India's poorest state.
Every M&M car shares a certain DNA which is rugged, with an off-roading quality and built for hard wear and tear. The XUV is all those, but also has a smoother edge for those who want city comfort now offered in competitor vehicles such as the MG Hector, Hyundai Creta, Volkswagen Tiguan and Tata's Harrier, says Pavan Lall.
However, notable absentees from the expo will be Honda, Toyota, Ford, BMW, Audi, Lexus, Volvo and Jaguar Land Rover along with two-wheeler majors Hero MotoCorp, Bajaj Auto and TVS Motor Co.
The German manufacturer is all set to make the pulses of Indian consumers go racing -- with the launch of their K 1300 R superbike.
What will it take for Tesla to plug and play in India? Sector pundits say it's a mix of strategy, getting the price right, timing, the right talent, and above all, patience.
The car was expected to have a price tag of Rs 10 lakh and launch was slated for this June.
The batting icon claimed one of the challenges of his career was being among the best cricketers of his era.
India's electric mobility goal, which has so far been riding on two wheels, is all set to graduate to four wheels. At least, the journey has begun. Hyundai Motor India said it would invest Rs 4,000 crore till 2028 to launch half-a-dozen electric vehicles (EVs) in India. It would eventually straddle premium and mass segments. The first of these - the electrified version of an internal combustion engine (ICE)-powered model - will go on sale as early as next year.
The company now offers seven different models of SUVs in India compared to two models a decade ago and contributes around 40 percent of sales up from 30 percent a couple years ago.
Auto component makers in India are bracing for a tough time. High absenteeism among workers owing to Covid-19, shortages of critical parts, and temporary closures of plants by automobile manufacturers have thrown a spanner in the works for the Rs 3.2-trillion sector, which derives 60 per cent of its revenues from automobile original equipment manufacturers (OEMs), with the balance split equally between replacement demand and exports. Car market leader Maruti Suzuki India on Saturday said it was extending the maintenance shutdown, which was from May 1 to 9, till May 16, "keeping in view the current pandemic situation". Some activities will continue in the plants.
Audi and Mercedes-Benz have already opened dealerships in Guwahati -- a gateway to all the north-eastern states -- and BMW intends to join them soon. Ajay Modi reports.
To celebrate 90 successful years in the world of motorcycles BMW Motorrad has launched a pure retro style roadster christened the R nineT in India. With looks that are sure to mesmerise you, the R nineT comes with a robust Boxer engine and will be priced at Rs 23.5 lakh, ex-showroom Mumbai.
The Prime Minister currently uses two custom-built BMW 7 Series cars, one being a decoy vehicle.
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