Automobile

  • Photo of IAF plans to buy 33 MiG-29, Sukhoi 30 fighter jets

    IAF plans to buy 33 MiG-29, Sukhoi 30 fighter jets

    New Delhi: In a move likely to boost its dwindling fighter squadron strength, the Indian Air Force (IAF) is pushing a proposal for acquiring 33 new combat aircraft including 21…

  • Photo of Droom launches electric wheelchairs

    Droom launches electric wheelchairs

    Gurugram: In a bid to enable freedom of transportation and access to mobility, Droom, India’s online automobile transactional marketplace, has launched an electric wheelchairs category on its platform. Along with the electric…

  • Photo of ‘Auto sector’s demand conditions likely to persist

    ‘Auto sector’s demand conditions likely to persist

    Mumbai: The subdued demand conditions that led to weak performance by Indian automakers in the first quarter of 2019-20, will likely persist, adding to the challenges from the implementation of…

  • Photo of Bajaj blames auto sector for slump, mediocre products

    Bajaj blames auto sector for slump, mediocre products

    Mumbai: While most auto market players sought government intervention to support the sector, facing slowdown amid falling sales, Bajaj Auto Managing Director Rajiv Bajaj has divergent views and says the…

  • Photo of TVS Motor Company supports flood-affected states across India

    TVS Motor Company supports flood-affected states across India

    Hosur (Tamil Nadu): TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers in the world, today announced their support initiative for flood-affected states across India. As a part of…

  • Photo of Government gives major boost to automobile industry

    Government gives major boost to automobile industry

    New Delhi: The Central government on Friday gave a major boost to the automobile industry by announcing a slew of measures to reverse slowdown denting the sector. At present, the…

  • Photo of Maruti Suzuki to proactively recall 40,618 WagonRs

    Maruti Suzuki to proactively recall 40,618 WagonRs

    New Delhi: Automobile major Maruti Suzuki India said on Friday that it will commence a proactive and voluntary recall campaign for certain WagonR vehicles manufactured between November 15, 2018, and…

  • Photo of Hyundai launches Grand i10 Nios @ Rs 4.99-7.99 lakh

    Hyundai launches Grand i10 Nios @ Rs 4.99-7.99 lakh

    New Delhi: Automobile major Hyundai Motor India (HMIL) launched the Grand i10 Nios, priced between Rs 4.99 lakh and Rs 7.99 lakh, here on Tuesday. The Grand i10 Nios is the…

  • Photo of Tata Motors hits 52-week low after scrips fall over 10%

    Tata Motors hits 52-week low after scrips fall over 10%

    Mumbai: Amid weakness in the auto sector, a sharp fall was seen in the Tata Motors stocks on Wednesday which slipped over 10 percent, touching its 52-week low. At 2.51…

  • Photo of SBI waives processing fee on car loans, lowest interest rates

    SBI waives processing fee on car loans, lowest interest rates

    Mumbai:  State Bank of India (SBI), the country’s largest lender, on Tuesday announced processing fee waiver on car loans during the upcoming festival season in a bid to boost car…

  • Photo of Cash-for-Clunkers: Auto industry bets big on scrappage policy

    Cash-for-Clunkers: Auto industry bets big on scrappage policy

    New Delhi: Faced with a massive sales downturn, India’s automobile industry is betting big on a scrappage policy to revive demand for the already dented sector. Accordingly, automobile industry’s representatives have…

  • Photo of Impact of slowdown: Mahindra fires 1500, more likely

    Impact of slowdown: Mahindra fires 1500, more likely

    New Delhi: Mahindra and Mahindra fired around 1500 temporary workers since 1st April 2019. This was disclosed by the company’s Managing Director, Mr. Pawan Goenka. According to the report published…

  • Photo of Slowdown: Hyundai Motor India lists ‘no production days’

    Slowdown: Hyundai Motor India lists ‘no production days’

    Chennai: India’s second-largest carmaker, Hyundai Motor India Ltd (HMIL) has declared “no production days” this month for some of its production departments owing to tough market conditions for the automobile sector.The…

  • Photo of Mahindra inaugurates first automotive assembly plant in Sri Lank

    Mahindra inaugurates first automotive assembly plant in Sri Lank

    Colombo: Mahindra & Mahindra Ltd on Saturday expanded its global footprint with the inauguration of a local automotive assembly plant at Welipenna near Colombo in Sri Lanka. Christened Mahindra Ideal…

  • Photo of TVS Motor Singapore invests $3.2 million in Predictronics Corp

    TVS Motor Singapore invests $3.2 million in Predictronics Corp

    Singapore: TVS Motor Singapore Pte Ltd said on Saturday it has signed definitive agreements to invest 3.2 million dollars (about Rs 22.7 crore) in Predictronics Corporation, a US-based company headquartered…

  • Photo of Hero MotoCorp stops production for 4 days

    Hero MotoCorp stops production for 4 days

    Mumbai: Hero MotoCorp, the country’s largest two-wheeler manufacturer, on Friday said that their manufacturing facilities will be closed for four days (August 15 to 18) owing to “demand scenario”. Hero…

  • Photo of Tata Motors to shut Jamshedpur plant on Aug 16-17

    Tata Motors to shut Jamshedpur plant on Aug 16-17

    Jamshedpur: The Tata Motors factory here in Jharkand will remain closed on August 16 and 17, a company official said. “The Tata Motors will remain closed for four days from August…

  • Photo of July auto sales plunge 19%, highest in 19 years

    July auto sales plunge 19%, highest in 19 years

    New Delhi: The automobile industry on Tuesday sought revival measures amidst the data showing 18.71 per cent decline in off-take in July, recording the highest monthly sales de-growth in the…

  • Photo of First Hyundai Grand i10 NIOS rolls out

    First Hyundai Grand i10 NIOS rolls out

    Chennai: Car maker Hyundai Motor India Ltd on Monday rolled out its first Grand i10 NIOS at its factory here, the company said. “This is a proud moment for us…

  • Photo of Auto stress: M&M to suspend production for 8-14 days

    Auto stress: M&M to suspend production for 8-14 days

    Mumbai: The slowdown in the automobile sector and fall in sales seems to be taking a grave turn with auto major Mahindra and Mahindra (M&M) on Friday announcing a production shutdown…

  • Photo of Slowdown woes: Industrial growth falls to 2% in June

    Slowdown woes: Industrial growth falls to 2% in June

    New Delhi: India’s industrial growth fell to a three-month low of two per cent in June from seven per cent in the comparable period last year, in yet another sign of…

  • Photo of Suzuki GIXXER 250 launched in India

    Suzuki GIXXER 250 launched in India

    New Delhi: The Suzuki Motorcycle India Pvt. Ltd (SMIPL) has launched the GIXXER 250 in India on Friday. Priced at 1,59,800 (ex-showroom) the GIXXER 250 comes in two variants –a…

  • Photo of MG’s e-vehicle strategy to cause disruption

    MG’s e-vehicle strategy to cause disruption

    New Delhi/Mumbai: One of the world’s largest automobile manufacturers SAIC’s India subsidiary MG Motor plans to replicate the sales dream run of its SUV Hector with its first electric offering —…

  • Photo of SUV Kia Seltos unveiled in Hyderabad

    SUV Kia Seltos unveiled in Hyderabad

    Hyderabad: Vihaan Auto and Automotive Kia, the official dealer partners for Kia Motors India, unveiled the SUV Kia Seltos at their facilities in Hyderabad on Saturday. This showcase will be…

  • Photo of Maruti Suzuki sheds 1,000 temp staff, may freeze hiring

    Maruti Suzuki sheds 1,000 temp staff, may freeze hiring

    New Delhi: To keep up with the consumption-led slowdown, automobile major Maruti Suzuki India has shed over 1,000 temporary employees, is planning to freeze hiring and look at other cost cutting…

  • Photo of High import duties keeping Tesla off Indian roads: Musk

    High import duties keeping Tesla off Indian roads: Musk

    New Delhi: Breaking silence over his India plans, Tesla CEO Elon Musk has blamed high import duties on electric cars for blocking the entry of Tesla vehicles in the country. India…

  • Photo of Maruti Suzuki reports 53 pc decline in Q1 profit at Rs 1,376 crore

    Maruti Suzuki reports 53 pc decline in Q1 profit at Rs 1,376 crore

    New Delhi: Maruti Suzuki on Friday reported nearly 53 per cent fall in its consolidated net profit of Rs 1,376.8 crore during April to June quarter as compared to Rs…

  • Photo of Tata Motors gains despite poor earnings outcome

    Tata Motors gains despite poor earnings outcome

    Mumbai: Tata Motors shares edged higher on the BSE on Friday despite reporting double the losses in the June quarter than what it incurred in the same quarter last year. The…

  • Photo of Hyundai Motor developing mass market electric car

    Hyundai Motor developing mass market electric car

    Chennai: Korean automobile major Hyundai Motor is developing an electric vehicle for the mass market and will launch it in a couple of year’s time, said a top company official. “Hyundai…

  • Photo of 2 Ducati Panigale V4 R models booked in India @ INR 51,80,000

    2 Ducati Panigale V4 R models booked in India @ INR 51,80,000

    The Panigale V4 R is a road-legal WSBK category racing bike on which Ducati SBK Pilot Alvaro Bautista has won 14 races in 2019Priced at INR 51,80,000 (Ex-Showroom), it is the most…

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