Auto Industry News
Maruti Suzuki Says Retails Took A Big Hit Due To The Second Wave Of COVID-19
Due to the rising number of COVID-19 cases, nearly 25 states had imposed a lockdown or some form of movement restriction. This took a heavy toll on auto retails, and in Maruti Suzuki India's case, 80 per cent of showrooms were closed.
Tesla's China Orders Fall By Nearly Half In May: Report
Jun 4, 2021 10:15 PM
Tesla Inc's vehicle orders in China nearly halved in May from April, against the backdrop of increased government scrutiny on the U.S. electric carmaker, the Information reported on Thursday, citing internal data.
Volkswagen India Announces Monsoon Car Care Service
Jun 4, 2021 10:02 PM
Volkswagen is beginning with the monsoon car care service from June 1, 2021 across Volkswagen service facilities in India.
Fuel Prices Hiked Again After A Hiatus of 2 Days; Petrol Almost Rs. 101/Litre In Mumbai
Jun 4, 2021 07:28 PM
Fuel prices in India have gone up again after remaining unchanged for two days. The price of petrol has increased by up to 28 paise, while diesel has become dearer by 30 paise.
Maruti’s Shashank Srivastava Says Premium Hatch Buyers Are Now Opting For Subcompact SUVs
Oct 4, 2023 04:14 PM
The massive demand for SUVs in India is no longer a new phenomenon. The SUV segment, which a few years ago accounted for about just 9 per cent of the total passenger car space, has now grown to nearly 33 per cent.
Non-ISI Helmets Banned From June 1, 2021
Jun 3, 2021 10:52 PM
Any person who manufactures, stores, sells or imports a non-ISI helmet will be punished with one-year imprisonment or a fine of Rs. 1 lakh.
Auto Sales May 2021: Sonalika Tractors Records M-o-M Sales Decline Of 2.78 Per Cent
Jun 3, 2021 10:32 PM
Sonalika sold 8876 units last month recording an overall sales decline of 2.86 per cent in month-on-month (MoM) basis when compared to 9130 units sold in April 2021.
Volvo Cars India To Set Up Digital Technology Hub In Bengaluru
Jun 3, 2021 09:57 PM
Volvo Cars India seeks to leverage on the talent available in the country, by being an attractive and inclusive employer and offering the value proposition to contribute to the organisation's journey of creating the cars of tomorrow.
Tata Motors Raises $425 Million In Offshore Bonds To Refinance Debt
Jun 3, 2021 09:11 PM
TML Holdings (TMLH), the fully owned subsidiary of home-grown automaker Tata Motors has announced raising $425 million (over Rs. 3,100 crore) through unsecured offshore bonds at a rate of 4.35 per cent.
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