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AVIK CHATTOPADHYAY
EV maker Ather Energy to conceptualise a more-affordable product in next 18 months“I think we will achieve good scale with the 450X over the next 18 months. And these 18 months is what we basically have in front of us to ...
For fourth straight year, Maruti sells one in two passenger vehiclesWhat makes 2020 unique is that the 50% share was possible despite the company having a presence only in 80% of the market, after its exit f...
For 4th straight year, Maruti sells one in two passenger vehicles in IndiaWhat makes 2020 unique is that the 50% share was possible despite the company having a presence only in 80% of the market, after its exit f...
Amid pandemic and border tensions, MG Motor outshines its rivals in IndiaSales of the only Chinese carmaker in India were expected to take a hit due to adverse consumer sentiment after border tension between the ...
Chinese auto companies to employ mostly locals at Indian unitsAutomakers with a Chinese pedigree are playing it safe with their India strategy. These companies are filling up positions from factory flo...
Changan Automobile to delay India entry by a yearIt had signed a memorandum of understanding in 2019 with the Indian group that runs a dealership network for Mercedes-Benz, Nissan and FCA,...
Covid-19 break messes up automakers BS6 pricing strategyCompanies like Toyota, which started selling BS6 models January onwards decided not to pass on the entire BS6 price increase to customers a...
Ola, Uber fares touch rock bottom as demand falls by 50%Pandemic is changing rules of business, landing ride-hailing platforms in unfamiliar territory. Meanwhile, local language sites, as well as...
Mahindra strengthens its hold over third slot behind Maruti, HyundaiMahindra & Mahindra retained its third spot in the Indian passenger vehicle market in the first nine months of 2019-20, and increased its l...
Recovery hopes fuel bullish bets on auto, first time in two yearsAuto stocks came under pressure after sales dipped starting from October 2018.
M&M unit SsangYong on the lookout for a strategic investorThe development comes in the wake of calls from financial institutions to Mahindra to inject more funds into the South Korean firm, given i...
Automakers test the EV marketMany firms bought into the hype created by govt’s push and media coverage but are keeping investments low.
E-bike plan sparks amity between rivals Bajaj & TVSThe government is said to be thinking of setting a 2023 deadline for three-wheelers and 2025 for all two wheelers up to 150cc engine capaci...
Bharat Forge acquires additional stake in EV startup Tork MotorBharat Forge has subscribed 1,895 equity shares of Tork of Rs 10 each at a premium of Rs 21,103 per share, the company said in an exchange ...
Fiat-Renault proposed merger: Muted impact on India operationsIf the companies manage to reach an agreement, the combined entity is poised to become the world’s third-largest automaker.
Sales of sub-4 metre sedans grew 12% in FY19: Indians love small sedans againThe three box car, which is often seen as a sign of progress for an individual, grew faster than the similar sized and much sought after su...
Volkswagen poaches three more top executives from rival companies to fill crucial slots in its Indian subsidiaryVolkswagen India's sales in the first seven months of FY13 have dropped 19% to 41,764 units, in a market which has grown 9 per cent in the ...