'The market is still very bullish. The demand is so strong that for eight models, we have no units in our factories to dispatch to dealers,' said Partho Banerjee, senior executive officer, marketing & sales, Maruti Suzuki India (MSIL).
Delhi Police have detained the owner of a car in connection with an explosion near the Red Fort that resulted in multiple fatalities and injuries. The investigation is ongoing.
Ganesh Shankar Vidyarthi Memorial Medical College in Kanpur removes Dr. Shaheen Sayeed's name from its pharmacology department board after her name surfaced during the Delhi blast investigation. The Indian Medical Association's Uttar Pradesh chapter has also begun the process to revoke her membership.
Delhi Police have detained three individuals, including two doctors, in connection with the car explosion near the Red Fort. The investigation is ongoing, with authorities questioning multiple people and examining potential links to a wider terror module.
The UK has updated its travel advisory for British nationals travelling to India following an explosion near the Red Fort Metro Station in Delhi. The advisory urges British nationals in Delhi to follow the advice of local authorities.
The family of a man suspected of involvement in the Delhi blast near Red Fort metro station has expressed disbelief, stating that he was an introvert focused on his studies and work.
Police in Faridabad, Haryana, have discovered another car believed to be connected to the Delhi blast case, this time parked at Al Falah University. The discovery follows the tracing of a Ford EcoSport linked to the same terror module. Authorities are investigating the vehicle and its potential connection to the blast.
With demand continuing to be strong post the festive season, leading automakers, Maruti Suzuki, Tata Motors and Mahindra & Mahindra, saw robust growth in sales in November as compared to the same month last year. Maruti Suzuki India reported the best-ever total sales, including exports, last month at 229,021 units, a year-on-year growth of 26 per cent as compared to November last year.
Hyundai Motor India Ltd (HMIL) has since 2019 saved around Rs 5,700 crore in foreign exchange (forex) by locally manufacturing or sourcing more than 1,200 components, including battery packs for electric vehicles, said a senior executive of the automaker. The company's efforts for Aatmanirbhar Bharat, the government's campaign for domestic manufacturing, have resulted in a localisation rate of 92 percent in India, said Gopalakrishnan Chathapuram Sivaramakrishnan, whole-time director and chief manufacturing officer at HMIL.
Long standing number two passenger vehicle maker in India, Hyundai Motor India, has slipped to fourth position in the domestic market in terms of retail sales last month behind Maruti Suzuki India, Mahindra & Mahindra and Tata Motors, as per the latest data shared by dealer's body FADA. Hyundai Motor India clocked retail sales of 38,156 units last month, a dip of 20 per cent as compared with 47,540 units in February last year.
Ola Electric has denied media reports suggesting its involvement in a leak of proprietary pouch cell technology (tech) from South Korea's LG Energy Solution, calling the allegations "baseless". The company said it has no commercial or research interest in the older pouch cell format cited in the reports, emphasising that its new 4680 Bharat Cell - based on advanced dry-electrode cylindrical tech - is already in commercial production.
The Curvv hasn't set the sales charts on fire and Tata needs another product aimed straight at the Hyundai Creta, which is where the Sierra fits in.
A woman doctor from Lucknow, arrested in connection with an inter-state terror module, was previously married to a man from Maharashtra, police said.
You know the Tata Sierra is a true icon when driving on the highways and hill climbs of Chandigarh, the car instantly drew all eyes to it.
Shaheen was taken to Faridabad to corroborate some leads the NIA learnt to have known during interrogation of other suspects and the seventh accused Soyab, a resident of Dhauj in Faridabad.
India head coach Gautam Gambhir has condoled the loss of lives in the blast in the national capital on Monday evening and wished for a speedy recovery to the injured.
Haryana DGP O P Singh visited Al Falah University in Faridabad to investigate security lapses after the discovery of a terror module linked to the university. The investigation follows a blast near the Red Fort and the busting of a 'white-collar' terror module.
The police suspect the recces were part of a larger conspiracy to target the historic monument on January 26, which might have failed due to intense patrolling in the area at the time.
"Investigators are now tracing the route towards Daryaganj, while more than 100 CCTV clips, including footage from nearby toll plazas, are being examined to establish the complete movement of the vehicle," the sources added.
Indian authorities have uncovered a Jaish-e-Mohammad (JeM) terror plot involving doctors from south Kashmir, a Faridabad university, the recovery of 2,900 kg of explosives, and a car bomb near the Red Fort. Eight people have been arrested in connection with the plot.
Intelligence agencies on Thursday revealed a larger terror conspiracy linked to the deadly more vehicles with explosives to carry out coordinated attacks across multiple locations.
More Indians start car shopping online, pushing automakers and dealers to respond quickly, train staff, and use AI to turn clicks into showroom visits.
Police were yet to disclose the nature of the explosives seized from the duo.
IPO bound HMIL, which is also from South Korea, had faced severe labour unrest for nearly a decade till the realisation -- a worker's union cannot be avoided -- dawned on it.
The police sounded a high alert in Delhi. Seven fire tenders were rushed to the spot with police cordoning off the area, the Delhi Fire Services said.
Tata Motors Passenger Vehicles Ltd expects contribution of SUVs to its overall sales to go beyond 70 per cent with it making foray into the fast growing mid-sized segment with a premium positioning of its Sierra model, according to its Managing Director & CEO, Shailesh Chandra.
Leading passenger vehicle maker Maruti Suzuki on Saturday reported marginal growth while Hyundai and Tata Motors posted a decline in their sales in February as a slowdown in the market continued with demand remaining muted. On the other hand, Mahindra & Mahindra and Toyota Kirloskar Motor posted double-digit growth riding on their SUV and MPV models.
Investigation into the car explosion near the Red Fort reveals the driver, Dr. Umar Nabi, visited a mosque before the attack. Police are investigating all angles, including a possible terror attack.
Dr Umar Nabi was allegedly driving the Hyundai i20 car that was used in the blast near the parking area of the Red Fort Metro Station on Monday, killing at least 12 people. He hails from Koil village in Pulwama, they said.
Companies with "gas guzzlers" are trying to set up the wrong narrative against small cars getting relaxation in the proposed corporate average fuel efficiency (CAFE-III) norms on the basis of weight, Maruti Suzuki senior executive officer corporate affairs Rahul Bharti said on Monday, bringing to the fore deep division among carmakers regarding the upcoming rules.
A deep split has emerged within India's auto industry over the proposed CAFE exemption for small cars, with only Maruti Suzuki and Renault backing the move in the final SIAM vote.
Festivals also contribute to the rise in overall automobile retail sales, says dealers association.
The US President said that companies have to bring people to "get those plants opened, we want you to do that, and we want those people to teach our people how to make computer chips and how to make other things."
Security agencies are probing three bullet cartridges, two of them live rounds, recovered from the debris near the Red Fort blast site, a source said on Sunday.
US Secretary of State Marco Rubio praises India's measured and professional investigation into the Red Fort car explosion, calling it a terrorist attack. The US has offered assistance, but acknowledges India's capabilities in handling the investigation.
Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, has received capital markets regulator Sebi's approval to float an initial public offering (IPO), people familiar with the development said on Wednesday. This development marks a significant milestone for the Indian industry, as it is the first automaker initial share-sale in over two decades, following Japanese automaker Maruti Suzuki's listing in 2003.
The small sports utility vehicle (SUV) segment - comprising models less than 4 metres in length - could witness the "maximum" growth among all categories in the coming months following the recent goods and services tax (GST) rate rationalisation, Tarun Garg, chief operating officer of Hyundai Motor India (HMIL), said.
Shares of Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, on Tuesday made a muted market debut and further fell by nearly 6 per cent against the issue price of Rs 1,960. The stock listed at Rs 1,931, reflecting a decline of 1.47 per cent from the issue price on the BSE. Later, the stock made some recovery and hit a high of Rs 1,968.80, up 0.44 per cent.
Officials reveal details of a foiled Jaish-e-Mohammed terror plot involving a doctor who planned a bomb blast near the Red Fort, timed around the Babri Masjid demolition anniversary. Arrests and investigations uncovered the interstate network.
Automobile exports from India rose 26 per cent year-on-year in September quarter driven by highest-ever shipments of passenger vehicles, two-wheelers and three-wheelers during the period, as per the latest data released by industry body SIAM.
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