Automobile
From the latest car reviews to industry insights and cutting-edge technology, stay in the fast lane of automotive trends and innovations.
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EV maker Okinawa Autotech opens 2nd manufacturing plant in India
New Delhi: Electric two-wheeler manufacturer Okinawa Autotech on Tuesday said it has commenced operations at its second manufacturing unit located in Bhiwadi, Rajasthan. The company aims to manufacture close to three lakh…
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Global EV sales up 109% in 2021, Tesla leads with 14% share
New Delhi: Nearly 6.5 million electric vehicles (EVs) — including fully electric and plug-in hybrid passenger cars — were sold worldwide in 2021, up 109 per cent from 2020, with Tesla leading…
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Rival unions unite at Eicher Motors
Chennai: While merger of rival companies is normal, a merger of two worker unions is something rare, which happened at two-wheeler maker Eicher Motors Ltd’s plant here, said their leaders. Further, the…
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Maruti on course to become India’s highest car exporter in FY22
New Delhi: Automobile major Maruti Suzuki is on course to become the largest car exporter from India in FY22. The feat has been achieved after a gap of 11 years with new…
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TVS Motor moped sales down in Jan
Chennai: Moped major TVS Motor Company Ltd sold 35,929 units last month, said Society of Indian Automobile Manufacturers (SIAM). According to SIAM, the two and three wheeler maker sold 35,929 units last…
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US regulatory agency sues Tesla for racial discrimination, harassment
San Francisco: The California Department of Fair Employment and Housing (DEFH) has filed a lawsuit against Elon Musk-run Tesla, alleging systematic racial discrimination and harassment at its Fremont manufacturing plant in the…
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Mahindra & Mahindra’s YoY Q3FY22 consolidated net profit up 57%
Mumbai: Automobile major Mahindra & Mahindra on Thursday reported a rise of 57 per cent in its Q3FY22 consolidated net profit on a year-on-year basis. The net profit rose to Rs 1,987…
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Worker compensation talks at Ford India inconclusive
Chennai: The talks between the Ford India Pvt Ltd management and the worker representatives on the manner in which the compensation to be paid when the factory near here is closed is…
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Renault crosses 8-lakh cumulative sales mark in India
Mumbai: French automaker Renault on Tuesday said it has crossed the 8-lakh cumulative sales milestone in India, in a decade of its presence in the domestic market. It also said that despite…
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Hyundai finds itself on a sticky path
Chennai: Korean car maker Hyundai Motor India found itself on a sticky road with its statement that many Indians consider as insufficient and skirting over the issue of whether Kashmir is an…
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Audi weighing local production of EVs in India
New Delhi: German luxury carmaker Audi is evaluating the feasibility of producing electric vehicles locally in India while it seeks to reach threshold volumes for such a step to be successful, according…
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India rejects Tesla’s call for tax benefits: Report
New Delhi: The Indian government has turned down a demand of tech billionaire Elon Musk’s electric vehicle (EV) company Tesla for tax breaks to import electric cars, saying rules already allow bringing…
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Hyundai’s January sales fall 12% amid chip shortage
Seoul: Hyundai Motor, South Korea’s biggest carmaker, has announced its sales fell 12 per cent last month from a year earlier amid global chip shortages. Hyundai Motor sold 2,82,204 vehicles in January,…
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Third Covid wave, microchip shortage dented auto sector’s Jan sales: Experts
New Delhi: The third Covid wave along with microchip shortage leading to lower production and elongated waiting periods dented January 2022 sales of key automobile players. “On account of Covid-19, sluggish rural…
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Wheels India posts Rs 20.60 crore PAT for Q3
Chennai: Automotive wheels major Wheels India Ltd on Wednesday said it had closed the third quarter of FY23 with a net profit of Rs 20.60 crore. In a statement issued here, the…