AUTOMAKER

With supply shortages rampant, automakers get creative to assemble parts into a whole

Carmakers are also giving preference to their high-demand models by diverting parts and production capacity towards them. Hyundai is divert...

Gadkari asks automakers to build indigenous flex engine vehicles

The minister said that with ethanol beginning to be easily available in the country and over 70 per cent of gasoline consumption being done...

Mahindra & Mahindra fails to find buyer for SsangYong in February

Mumbai-based M&M holds close to 75% stake in loss-making SsangYong Motors which it had acquired a decade ago for Rs 2,100 crore, or $463 mi...

After shortage of semiconductors, another big headache awaits automakers

​​The combination of supply shortages and surging demand has put pressure on prices with overall chip prices going up by 4-6% in 2021, with...

Tata Motors to tap JLR synergy for SUVs

The firm, which on Monday launched the all-new Safari SUV with introductory prices ranging from Rs 14.69 lakh to Rs 21.45 lakh, is seeking ...

Commercial EV makers losing business as lenders deny loans worried over resale value

They nurse concerns over aspects such as the value of vehicles and their batteries after a few years and their overall performance,” Bengal...

Automakers scramble to meet demand: Wait gets longer for half a million car & SUV buyers

The companies are stretched due to a short supply of steel and semiconductors, as well as containers to import components. Inventories at d...

Govt asks automakers to stop selling vehicles with purposefully downgraded safety standards

"I am deeply perturbed by some news items that Indian models are purposefully downgraded by auto manufacturers' safety standards in India. ...

Maruti Suzuki pre-owned car unit True Value crosses 40 lakh unit sales

True Value celebrates the sales of 4 million pre-owned cars from a network of independent outlets across the country, MSI said in a stateme...

Honda Motorcycle sales rise 8% to 4,37,183 units in January

Commenting on the sales performance, HMSI Director - Sales & Marketing Yadvinder Singh Guleria said the company has entered 2021 with a dou...

Bajaj Auto logs 8% rise in sales at 4,25,199 units in January

Domestic two-wheeler sales were marginally lower at 1,57,404 units as compared to 1,57,796 units in January last year, the company said.

Semiconductor shortage: Automakers actively engaging with supply partners to mitigate impact

The usage of semiconductors in the auto industry has gone up globally in recent times with new models coming with more and more electronic ...

Automakers welcome centre's proposed Green Tax but transporters against it

According to the proposal, transport vehicles older than eight years could be charged a green tax at the rate of 10-25% of road tax at the ...

French automaker Citroen to bank on SUVs to become a major player in India

Roland Bouchara, senior vice-president (sales and marketing) at Citroen India, while conceding that India is a “tough market” said it also ...

Automaker Mahindra cuts over half of North America workforce: Sources

The sources did not give a figure for the number of jobs lost at the business, which had over 500 employees in early 2020, according to its...

As normalcy returns, automakers plan big EV launches in 2021

On the infrastructure front, state-run Energy Efficiency Services Limited (EESL) has set itself a target of setting up 10,000 charging stat...

Automakers fear container shortage to hit parts supply, output

Automakers in India are bracing for a parts shortage and possible production losses over the next three to four months due to a global shor...