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.
A record number of 85 products will be launched.
With entry-level cars being preferred amid the pandemic, market leader Maruti Suzuki has strengthened its hold, along with Hyundai Motor India.
Vehicle sales across categories registered a decline of 8.62 per cent to 20,86,358 units from 22,83,262 units in May 2018.
German Car maker Audi plans to offer cars that can do 400 km on a single charge, says Ajay Modi.
The proposed Road Transport and Safety Bill, likely to be cleared by the Union Cabinet next week and introduced in Parliament in its current session, seeks to make Indian roads safer by imposing hefty penalties for violation of traffic rules.
The proposed Road Transport and Safety Bill, likely to be cleared by the Union Cabinet next week and introduced in Parliament in its current session, seeks to make Indian roads safer by imposing hefty penalties for violation of traffic rules.
Beside flying squads from RTOs at different points on highways, challans are imposed without any reason. The situation is especially difficult in states like Uttar Pradesh, Rajasthan, Madhya Pradesh, Maharashtra, Gujarat, and Andhra Pradesh.
The 30-share Sensex gained 271 points to end at 28,805 and the 50-share Nifty ended up 84 points at 8,712.
The industry said if the policy was announced, it would have taken 28 million vehicles bought before March 2005 off the road.
Though Hero still leads by a wide margin in annual and monthly sales, for the first time, Honda has considerably bridged the sales gap with the Pawan Munjal-led firm in April lagging only by 12,134 units
One hopes in his next term, Narendra Modi will take up the mission of inculcating respect for following rules in Indians as a mission. Therein lies the chance for India to become a developed country, asserts Colonel Anil A Athale (retd).
One can see the scale of recalls going up as the market expands.
Domestic passenger vehicle sales declined 0.84 per cent to 2,63,773 units in November from 2,66,000 units in the year-ago period. Motorcycle sales, too, declined 14.87 per cent to 8,93,538 units. Vehicle sales across categories registered a decline of 12.05 per cent to 17,92,415 units from 20,38,007 units in November 2018.
It is immediately not clear how GST will impact the mass car market. Experts, however, say the level of tax on smaller cars will have to be at a differential to the sedans.
'Right now, we are increasing production in anticipation of the demand during the festive season.' 'If the demand doesn't come back, all the production will languish in the factories.'
Analysts say Bajaj's move to correct prices can potentially disrupt the market.
Second body blow after diesel ban on engines of 2,000 cc and above in NCR.
The hatchback has been priced strategically at a notch above the Nano and way below the Tata Bolt.
Renault Kwid is a good entry-level car for Indian roads.
Despite a rise in input costs, leading car-makers refrain from hiking their price.
Nano's production though continues unhindered despite mounting losses
Tata Motors ended the year selling 21,012 Nanos, up from 16,901 in FY15.
The multi-seater vehicle currently runs on BSIII engines.
According to the data released by Society of Indian Automobile Manufacturers (SIAM), domestic car sales in October this year stood at 1,59,036 units as compared to 1,63,199 units in the same month of 2013.
IIP for November 2015 and CPI for December 2015 will be announced today.
Nifty50 surged 145 points to close at 8,468 after hitting an intra-day high of 8,475.
With no signs of economic revival under the current political circumstances, SIAM said it expected a turnaround in the fortune of the auto industry only after a new government is formed after the general elections next year.
Maruti has announced it will phase out diesel variants from April 1, 2020, when stringent BS VI norms take effect
Car sales dipped by 2.55 per cent in October, as the festival season demand for auto remained in slow lane.
"Nano is like an open canvas for us. We have the option of positioning it on the lines of the (Volkswagen) Beetle or the (BMW) Mini."
Manufacturer Nissan plans to get aggressive with brand communication and increase the number of customer touchpoints through showrooms, experience zones and other initiatives.
Indian carmakers will have no option but to manufacture safer cars from October 2017.
Sales of commercial vehicles were up 11.45 per cent to 56,840 units in December 2015.
New age diagnostic tools come in handy for BharatBenz to predict repair needs and breakdown in advance.
Telecom shares rallied on hopes that they would hike tariffs after huge investments to acquire spectrum.
It is the global leader in car sales but in India, is a distant fifth.
With the new Verna, Hyundai takes on Honda. Beating the Honda City is something the country's second-largest car maker has taken upon itself with its new launch. Will it succeed?
The new Scorpio came after a gap of 24 months since its last launch, during which the competition launched a slew of products.
Now, you can own a two-wheeler for Rs 18.5 per day
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