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Two-wheeler sales yet to reach pre-Covid 19 levels, says auto industry body

Published on Apr 13, 2024 12:42 PM IST

The utility vehicles including SUVs grew by 25.8 per cent in FY24 at 25,20,691 units, as against 20,03,718 units in FY23

The vehicle sales across the categories surged by 12.5 per cent to 2,38,53,463 units in the period under review

Maruti is offering up to INR 1.5 lakh discounts on these car models: Details

For the Baleno hatchback, Maruti Suzuki is giving a cash discount of ?35,000, exchange bonus of ?15,000 and a corporate discount of ?3,000.

Maruti Suzuki is offering up to 1.5 lakh discounts on these car models. Check complete details here(Reuters)
Updated on Apr 09, 2024 08:30 AM IST

Maruti Suzuki sets target to ship 3 lakh units in FY25, 8 lakh by 2030

Also, the company plans to launch more models in various export markets globally, said Rahul Bharti, Executive Director, Maruti Suzuki India.

Corporate office of Maruti Suzuki India Limited is pictured in New Delhi. (REUTERS)
Published on Apr 07, 2024 12:00 PM IST
PTI |

Tesla robotaxi to be unveiled on August 8: Elon Musk

Following the billionaire's Friday announcement, the EV manufacturer's shares rose by more than 3% in after-market trades.

Tesla CEO Elon Musk waves as he leaves the Tesla Gigafactory for electric cars after a visit in Gruenheide near Berlin, Germany, Wednesday, March 13, 2024. ((AP Photo/Ebrahim Noroozi)
Published on Apr 06, 2024 09:24 AM IST
By, New Delhi

EV sales slowdown: Goldman Sachs predicts bear-case scenario for 2024

A Goldman Sachs research report says EV uptake is at a turning point, and hybrids and plug-in hybrids are giving a tough competition.

Indicating a shift towards eco-friendly options, a survey has found that an increasing number of Puneites are now willing to buy Electric vehicles (EVs). (REPRESENTATIVE IMAGE)
Published on Mar 31, 2024 04:01 PM IST
ANI |

Buying a car? Forget waiting periods, dealers are now dangling discounts

It's now a buyer's market as carmakers dangle discounts in contrast to long waiting times for popular models due to production shortages following Covid.

Cars are seen parked under solar panels at the manufacturing plant of Maruti Suzuki in Manesar, in the northern state of Haryana, India.(Reuters)
Updated on Mar 27, 2024 10:19 AM IST

JSW Group, MG Motor JV to target 10 lakh EV sales by 2030, invest ?5,000 cr

JSW Group and MG Motor collaboration to boost MG Motor's annual production capacity in India.

Mumbai: JSW Group Chairman Sajjan Jindal, JSW Cement Managing Director Parth Jindal and President and Managing Director of MG Motor India Rajeev Chaba unveil MG Cyberster electric sports car under SAIC Motor and JSW group's joint venture, in Mumbai, Wednesday, March 20, 2024.( (PTI Photo/Shashank Parade))
Published on Mar 20, 2024 04:11 PM IST

Explained: How does new EV policy pave road for Elon Musk's Tesla in India?

India's new electric vehicle policy offers duty concessions on imported cars to companies investing at least $500 million in manufacturing units.

Elon Musk had said that India's import duties on cars were among the highest in the world.(AFP)
Updated on Mar 15, 2024 05:28 PM IST

Zomato CEO Deepinder Goyal now owns India's first Aston Martin DB12 sportscar

Pictures of Deepinder Goyal’s brand-new Aston Martin DB12 supercar were shared by the handle ‘Automobili Ardent India’. Check them below

Zomato CEO Deepinder Goyal has became the first proud owner of Aston Martin DB12 sporstcar in India.
Updated on Mar 16, 2024 09:26 AM IST

Vehicle thefts increase 2 times in 2023, highest in Delhi. Most stolen car is…

Share of vehicle thefts in Chennai doubled to 10.5 per cent from 5 per cent in 2022. The most stolen car in this period is…

Vehicle Thefts in India: The report stated that Delhi's overall share of vehicle thefts has reduced from 56 per cent in 2022 to 37 per cent in 2023.
Updated on Mar 14, 2024 02:36 PM IST

Will Centre change rules to suit Elon Musk's Tesla? Union minister replies

Elon Musk's Tesla has been seeking an initial tariff concession so that it can offset 70 per cent customs duty for cars costing less than $40,000

Union commerce minister Piyush Goyal.(ANI)
Published on Mar 10, 2024 04:58 PM IST

Bajaj Auto to unveil world's first CNG-powered bike this year: Report

The Bajaj Auto MD said that the CNG-powered bike is ‘potentially fantastic’ for the environment

Bajaj Auto is developing world's first CNG-powered motorcyle
Published on Mar 09, 2024 10:37 AM IST

Volvo XC40 Recharge gets entry-level Single variant, priced at ?55 lakh

The variant is powered by a single motor, and hence its name.

The new 'Single' variant of Volvo XC40 Recharge (Image: Volvo)
Published on Mar 08, 2024 02:27 AM IST
By, New Delhi

Planning to buy a new car? Tata Motors to hike prices up to 2% from this date

Tata Motors said that the price increase will be applicable across the entire range of commercial vehicles.

Tata Motors to hike commercial vehicle prices by up to 2 pc from April. (REUTERS/Anushree Fadnavis/File Photo)
Updated on Mar 07, 2024 04:17 PM IST

EVs may emit 1,850 times more particulate matter than petrol, diesel cars: Study

The electric vehicles have heavier batteries than petrol engines. This additional weight puts more strain on the brakes and tyres, the study claimed

 It is widely believed that EVs are better for the environment than petrol and diesel cars because they produce fewer greenhouse gas emissions.
Published on Mar 06, 2024 01:50 PM IST

BYD Seal launched in India at ?41 lakh with ADAS, up to 650 km of range

The e-sedan is being offered in three variants, including Dynamic, Premium, and Performance. The latter two come for ?45.55 lakh and ?53 lakh, respectively.

BYD Seal (Image courtesy: BYD Auto)
Published on Mar 06, 2024 01:20 AM IST
By, New Delhi

Hyundai Ioniq 5 EV gets facelift version with bigger battery. Check details

The facelift gets an 84 kWh battery pack as against the 77.4 kWh one on the regular model.

Hyundai Ioniq 5 facelift (Image courtesy: Hyundai)
Published on Mar 05, 2024 01:11 AM IST
By, New Delhi

MG Motor expands Hector SUV lineup, gets new variants Shine Pro and Select Pro

MG Motor India introduces Shine Pro and Select Pro variants to expand Hector SUV lineup.

MG Motor India introduces Shine Pro and Select Pro variants to expand Hector SUV lineup.
Published on Mar 04, 2024 10:11 PM IST

Which is India’s best e-scooter? Ola-backed Krutrim AI responds…

Krutrim was released for public use on February 26, after being unveiled in December last year.

Krutrim is a Sanskrit word which means 'artificial' (Image courtesy: Ola)
Published on Feb 28, 2024 03:51 PM IST
By, New Delhi

Toyota to recall 381,000 Tacoma trucks amid issue that could increase crash risk

The recall covers certain trucks from the 2022 and 2023 model years, the company said.

Toyota's 20204 Tacoma pickup truck (Image courtesy: Toyota)
Published on Feb 28, 2024 10:06 AM IST
AP |

Electric scooter makers cut prices significantly to grab EV market

Sales in electric two-wheeler sector surged by 26 per cent to 81,608 units in January as compared to the same month last year

Several Electric Two-Wheeler (E2W) manufacturers have announced substantial price reductions on their models in an attempt to capture the electric vehicle (EV) market(File photo)
Published on Feb 27, 2024 09:00 PM IST

Xiaomi SU7’s in-house tech ingenuity is indicative of a shift in philosophy

There are 8 cameras all around the car as just one crucial part of the expected autonomous driving tech.

The Xiaomi SU7 car. (Vishal Mathur/ HT Photo)
Updated on Feb 27, 2024 09:11 AM IST

BYD unveils its first supercar Yangwang U9, rival to Ferrari and Lamborghini

The China-based world's largest EV maker has priced the model at 1.68 million Yuan (approx. ?2 crore).

BYD Yangwang U9 (Image courtesy: BYD Auto)
Published on Feb 26, 2024 10:23 AM IST
By, New Delhi

Mercedes-Benz Group AG expects returns to decline this year. Here's why

The manufacturer is forecasting an automaking margin of as low as 10%, down from 12.6% last year

The Mercedes-Benz logo is displayed on the front of a Mercedes-Benz CLE Cabriolet passenger car at the Annual Results Conference of the Mercedes-Benz Group AG in Stuttgart, southern Germany (AFP)
Published on Feb 22, 2024 02:08 PM IST
Bloomberg |

This Hyundai SUV shatters records: 10 lakh units sold and counting!

In the mid-size SUV segment, the Hyundai SUV competes with models such as Kia Seltos, Maruti Suzuki Grand Vitara, Toyota Urban Cruiser, Honda Elevate.

2020 Hyundai Creta
Published on Feb 19, 2024 09:39 PM IST

‘Double digit revenue next fiscal’: Hero MotoCorp CEO on 2-wheeler industry

The country's largest two-wheeler maker also expects the entry level segment to do better going ahead

Customers look at a Hero MotoCorp Karizma motorbike at a Hero MotoCorp showroom in the western Indian city of Ahmedabad(Reuters file)
Published on Feb 18, 2024 02:45 PM IST
PTI |

Maruti Suzuki 5-door Jimny unveiled in Indonesia, to cost ?9 lakh more

In India, the 5-door Jimny was launched in June 2023. In October, the automaker began selling the SUV in overseas markets.

The 5-door Jimny was launched in India in June 2023. (File Image)
Published on Feb 17, 2024 02:15 PM IST
By, New Delhi

Mahindra to equip its upcoming electric SUVs with Volkswagen components

Volkswagen to supply EV components and battery cells to Mahindra in India

A Volkswagen logo is pictured at Volkswagen's headquarters in Wolfsburg, Germany.(REUTERS)
Published on Feb 16, 2024 08:26 PM IST
Bloomberg | | Posted by Singh Rahul Sunilkumar

BYD Seal to launch on March 5 as Chinese EV maker's third car in India

The ‘world’s most popular EV manufacturer' already sells Atto 3 and e6 electric cars in the country.

BYD Seal EV showcased in India at the Auto Expo 2023. The Chinese EV maker will finally launch the electric sedan in India on March 5.
Published on Feb 16, 2024 12:46 PM IST
By, New Delhi

After Tata Motors & MG slash prices, are EVs costlier than petrol, diesel cars?

Launched in 2020, the Nexon.ev was India's cheapest electric SUV until the launch of Tata's Punch EV at ?12 lakh in 2024

Tata's electric car Nexon EV was launched in 2020
Published on Feb 14, 2024 12:26 PM IST
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