Auto Industry News

To achieve this massive growth, Skoda also plans to launch a sedan as well which will be previewed by the end of this year and deliveries will start early next year.

Union Minister Prakash Javdekar virtually inaugurated Asia's longest high-speed test track at Pithampur in Indore. The NATRAX facility is 11.3 km long and also includes different test tracks to aid automotive and component testing.

In Rajasthan's Sri Ganganagar, petrol has breached Rs. 100-mark currently retails at Rs. 110.04 a litre while diesel soared to Rs. 102.42 per litre.

Market research firm Frost & Sullivan's new 'Indian Pre-owned Car Market Study' says that over 70 per cent of used cars in India are sold under the Rs. 5 lakh margin.

Chinese electric vehicle battery maker CATL said on Monday it has extended a battery supply deal with U.S. EV maker Tesla Inc to 2025.

India has decided to allow ethanol-based ''flex engines'', which power vehicles using local farm produce and not fossil fuels, and will be rolling out a scheme on the same in the next three months, Union Minister for Road Transport and Highway, Nitin Gadkari said.

Great Wall, which sold 1.1 million cars last year, aims for 80 per cent of its annual sales in 2025 to be new energy vehicles, including battery-electric, plug-in hybrid and hydrogen fuel cell vehicles.

China's Geely Automobile Holdings Ltd said on Friday it is dropping plans to list new shares on the mainland's Nasdaq-like STAR Market.