Passenger vehicle dispatches from factories to dealers in India fell 8 per cent in January, mainly due to semiconductor shortage, auto industry body SIAM said on Friday. The total passenger vehicle wholesales dropped to 254,287 units in January 2022 as compared to 276,554 units in the same month of last year. Last month, passenger car dispatches stood at 126,693 units as compared to 153,244 units in the year-ago period. Similarly, van dispatches declined to 10,632 units in the period under review from 11,816 units in January 2021.
Toyota has capacity to manufacture 310,000 vehicles at its two plants located near Bengaluru
'Only if the Budget springs some surprises we may see a halt in the selling.'
Japanese auto major Suzuki Motor Corporation (SMC) on Wednesday said its long-serving chairman Osamu Suzuki will retire and assume the role of senior advisor subject to shareholders' approval in the ordinary general meeting to be held in June this year.
Industry players have sought government support in the form of stimulus package and reduction in excise duty to overcome the slump.
The country's leading automobile show, the Auto Expo, which was scheduled to take place in February next year at Greater Noida, has been postponed due to the COVID-19 situation and apprehensions of a possible third wave, industry body SIAM said on Monday. The last edition of the biennial automobile show took place in February 2020. "The magnitude of the risk of spread of infection is extremely high in a business-to-consumer (B2C) show like the Auto Expo which is visited by large crowds and maintaining social distancing would be difficult.
Car makers have started hiring from Gujarat's industrial training institutes (ITIs) for their factories across the country.
Uttar Pradesh police on Tuesday arrested Shrikant Tyagi, who was recently seen in a viral video assaulting and abusing a woman at Grand Omaxe in Noida's Sector 93 and was on the run ever since.
Making a debut in India with an SUV, Citroen's products in the next couple of years will clearly chart and define its destiny in what has become both a vibrant but also a daunting market for foreign entrants, says Pavan Lall.
What worked for Hyundai in India when so many other auto manufacturers have had to eat humble pie? Pavan Lall finds out.
it's the first all-wheel drive electric car.
The activist Birinchi Bora drove into the venue of the street play dramatically in a motorcycle with another actor dressed as Goddess Parvati for their play on Saturday which had several Hindutva outfits up in arms demanding their arrest.
The top court also asked the Uttar Pradesh government, which opposed the bail plea of Ashish Mishra terming the offence as 'grave', to file an affidavit with regard to the status of the second case filed over the killing of three occupants of the SUV, which allegedly mowed down the farmers.
Trump has roped in Army Corps of Engineers to build hospitals all over the country, activated the ready reserve components of the Armed Forces and invoked the Defense Production Act to compel General Motors to accept, perform and prioritise federal contracts for ventilators.
The third-quarter financials didn't excite market watchers. But equity investors can still make money if they invest in the right stocks.
Maruti recorded 20 per cent jump in sales during November.
Millions of vehicles have been recalled across the globe due to defective safety airbag manufactured by Japan's Takata Corp.
Maruti Suzuki India, country's largest car maker, on Wednesday said it will increase the prices of its entire range of models by up to Rs 10,000 from October first week, mainly due to depreciation of rupee.
Honda Cars India is recalling a total of 1,338 units of its premium sedan Accord and sports utility vehicle CR-V manufactured between 2002 and 2003 to replace a faulty part in the passenger side airbags. The recall, which is part of Honda's global recall regarding the potential defect related to passenger air bag announced in June 2014, would cover 1,085 units of Accord and 253 units of CR-V.
New participants included Chinese players such as Great Wall Motors and Haima Automobile along with Olectra.
According to the officials of Tirumala Tirupati Devasthanams, one of their sanitary workers was badly injured due to the storm and calamitic conditions in the state.
Experts attribute the high valuation of Indian auto makers to the faster growth in India compared to the rest of the world.
Maruti, Honda and Tata Motors posted highest sales growth during the month
Scores 0 on front seat protection and 2 stars for rear seat child occupant protection
Like the Shourya and Prahar missiles, the Pralay is powered by conventional solid fuel, and its payload is designed to carry only a conventional warhead.
A record number of 85 products will be launched.
But there are fears that any reform could be reduced to tweaking because the tax is so lucrative.
The killing led to tension and protests at several places in the coastal district on Wednesday with instances of stone-pelting and police lathi-charge.
The vehicle will compete with the likes of Toyota's Innova, Maruti's Ertiga.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
'Investors should continue to invest because you are looking at the long-term; in the next four to five years, we are bound to outperform (the rest of the world equity markets).'
Besides job loss, the exit of the American cult bike maker would also lead to a loss of up to Rs 130 crore for the brand's dealer partners in the country.
HCIL will voluntarily replace airbag inflators of 2,23,578 vehicles of previous generations of CR-V, Civic, City and Jazz.
Vaishnaw said that the actual reason behind the accident could be ascertained only after dismantling the engine's equipment.
The exercise is in keeping with SIAM's voluntary code on vehicle recall
The contractual workers at Halol were severed by 2016 as the contracts were not renewed, while the permanent workers were offered a separation package in the form of a voluntary retirement scheme
Roopam Asthana, CEO and whole-time director, Liberty General Insurance Ltd, answers your queries on HEALTH insurance and AUTO insurance.
Five cities -- Delhi, Bengaluru, Kolkata, Hyderabad and Surat -- ceded their power of procurement and agreed to a different procurement model to operate state-run buses.
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