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Maruti Suzuki steps up SUV bet with higher market share, eyes more launches in next 5 yrsMaruti Suzuki's share in the SUV market has climbed to 19.6 percent. The company plans seven new SUV launches in the coming years. This exp...
Cars, 2-wheelers hold pace in Feb on GST tailwindAutomobile sales surged in February, marking the fifth consecutive month of growth driven by GST-led affordability. Tata Motors and Mahindr...
Steering with caution: Optimism on the road, but inflation and other bumps aheadThe auto retail sector in India is cautiously optimistic about February 2025 sales. New launches, promotions, improved financing, and exist...
Mercedes-Benz 2024 car sales fall in tough year for automakersMercedes-Benz's car sales fell by 3% in 2024, significantly impacted by a 7% decline in China and a 3% decrease in Europe. Sales of battery...
Automakers to pool CO2 emissions with Tesla, Polestar to meet EU 2025 rulesCompanies with lower EV sales can "pool" their emissions with sector leaders, purchasing emissions credits from other manufacturers to lowe...
For Sale: $50 million Mercedes, $30 million Ferrari race carsTwo iconic classic cars, a 1954 Mercedes-Benz W196 R Streamliner and a 1965 Ferrari 250 LM, are headed to auction in February, potentially ...
Tesla rolls out new incentives in China as price war escalatesTesla, in a bid to compete in China's auto market, announced new incentives, including insurance subsidies, amid a price war with rivals li...
Honda Cars reports 15 pc dip in sales in February"Our sales performance in the month of Feb'23 has been as per our plan towards seamless transition of our models to new emission norms," Ho...
Tesla's China sales slow as price-cut boost wanesThe US automaker nearly doubled weekly retail sales in the week of Feb. 20 to 10,703 vehicles versus a week prior, showed data from China M...
Chip woes continue to hobble auto dispatches in Feb; Tata Motors, M&M buck trendThe country's largest carmaker Maruti Suzuki India (MSI) said its domestic sales slipped 8.46 per cent to 1,40,035 units as against 1,52,98...
Honda Cars wholesales dip 23 pc in February"On the supply side, chip shortage continued to impact our production and despatches in Feb'22. We hope the situation improves in future so...
Contrary to the rest of auto industry, world’s largest carmaker doesn't have a chip-shortage problemAuto industry is gripped by a chip deficit. Globally, automobile production could fall by up to 3 million cars, or 3% to 5% of the total, t...
Stocks in the news: Lumax Auto, TVS Motor, Vodafone Idea, NTPC and JSW SteelCCI approved NTPC's acquisition of the central government's 100 per cent stake in NEEPCO.
China's passenger car sales tumble 92% in first half of Feb due to virus outbreakChina's passenger vehicle sales recorded 4,909 units in the first 16 days, down from 59,930 vehicles in the same period a year earlier, dat...
Cars may get dearer as excise cut period ends June 30; how to play the counter?According to SIAM data, sales grew 3.08% in May. About 1,48,577 passenger cars were sold in May as compared to 1,44,132 units sold in May 2...
Hindustan Motors scales 20% on healthy volume growthThe shares of Hindustan Motors scaled by over 16% today and 20% during the week as the company reported healthy sales of its passenger cars...
- European car sales dip most in a year on weak economy
European car sales dropped the most in more than a year, led by Renault SA and PSA Peugeot Citroen as consumers shied away from purchases a...
- Sweden's Saab in contact with 20 potential buyers
Saab Automobile, the troubled Swedish unit of GM Corp, is in contact with around 20 potential buyers, with a sale planned to be completed i...
- GM official says cash could run out by March 31
The target date for General Motors Corp. to get its second installment of government loans passed last week, but a top company executive sa...
- GM to lay off 2,000 more workers at 3 factories
The worsening US auto sales slump claimed another 2,000 workers as GM Corp announced layoffs at 3 more car factories.