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The Indica story: Behind Tata’s buyout of iconic JLR, an old tale of humiliation
Behind Tata Motor’s big-bang buyout and the eventual turnaround of the iconic but troubled Jaguar Land Rover (JLR) brand, there was an old tale of abject humiliation meted out to Ratan Tata and his...
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One of Ratan Tata’s most ambitious projects was undoubtedly the Nano which was perhaps one that was closest to his heart. The car, which was conceptualised by Tata in the early 2000s, was aimed...
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Vehicle Scrapping: More sops to boost scrapping of old vehicles in works
India is looking at extending additional sops for scrapping old vehicles amid a lacklustre response from owners to the current set of incentives, according to officials aware of the move. The government has initiated...
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Tata Curvv Drive: Petrol vs Diesel variant explained – The Economic Times Video
In a special ET video, we explore the captivating experience of driving the all-new Tata Curvv, comparing its petrol and diesel variants. We’ll delve into the performance, efficiency, and unique features of each version,...
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Grand Vitara: Maruti Suzuki introduces Grand Vitara Dominion Limited Edition ahead of festive season
Automobile manufacturer Maruti Suzuki on Tuesday announced the launch of the Grand Vitara Dominion Limited Edition available in Alpha, Zeta and Delta variants across both petrol and CNG fuel. The SUV will be available...
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About 1.1 mn old medium & heavy CVs offer significant potential for scrappage: ICRA
Around 1.1 million medium and heavy commercial vehicles (M&HCVs), older than 15 years as of March 31 this year, offer a significant potential for scrappage, ratings agency ICRA said on Tuesday. While the actual...
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Fada: September auto retails down 9.26% on heavy rainfall, weak sentiments
Weak consumer sentiments and above-normal rainfall dampened retail sales of passenger vehicles, two-wheelers and commercial vehicles in September, pulling the overall sales to customers down 9.26% year on year to 1,723,330 units, Federation of...
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JLR sales: Jaguar Land Rover retail sales fall 3 pc to 1,03,108 units in Q2
Tata Motors-owned Jaguar Land Rover on Monday reported a 3 per cent decline in retail sales at 1,03,108 units in the second quarter of the current fiscal as compared to the year-ago period. Retail...
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M&M may launch its first petrol-hybrid SUV in 2026
Mahindra & Mahindra (M&M) has started developing strong hybrid technology and will be ready to launch its first petrol-hybrid model in 2026, seeking to claim a stake in the small but fast expanding segment,...
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Nissan Magnite: Nissan Magnite facelift launched at Rs 5.99 lakh; here are the features, specification, engine details
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Classic Legends aim at higher sales in premium motorcycles segment
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Green GST tax may help buyers shift towards greener cars, says Vikram Pawah, president of BMW Group India
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3 Minutes
Global sunroof companies look to ride the giant India wave
A growing enthusiasm for car sunroofs is pushing the world’s leading makers of the feature to join local partners in ramping up investments to tap this burgeoning market. Netherlands-based Inalfa Roof Systems along with...
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1 Minute
BMW, MINI record 10 pc sales growth in Jan-Sept
German luxury carmaker BMW Group on Friday said its BMW and MINI brands recorded a 10 per cent year-on-year increase in sales, at 10,556 units in India during the January-September period of 2024. The...
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2 Minutes
Kia keeps faith in SUVs, airs doubts about policy shifts
Kia India plans to launch a mass market EV and another sub-four metre compact SUV in 2025 as part of a plan to step up its presence in the domestic market and reach a...
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Suzuki Motorcycle Sept sales rise 1% to 99,185 units
Japanese two-wheeler maker Suzuki Motorcycle India on Thursday said its sales in September rose 1 per cent to 99,185 units. In the year-ago month, the company had sold 97,994 units. In the domestic market,...
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7 Minutes
Buying a car this festive season? Companies would want you to
Are you planning to buy a car this festive season? Over the past couple of months, car sales have been on a downward trend. But automakers are banking on some hefty discounts and enticing...
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Royal Enfield sales rise 11% to 86,978 units in September
Motorcycle maker Royal Enfield on Wednesday said its total wholesales increased 11 per cent year-on-year to 86,978 units in September. The company had dispatched 78,580 units in September 2023. In the domestic market, dispatches...
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3 Minutes
Tata Motors to accelerate maintenance shutdown amid rising stockpiles, declining sales
Tata Motors is set to advance the annual maintenance shutdown of its passenger vehicle plants due to mounting stockpiles-equivalent to up to two months of sales-amid slowing sales across its petrol, CNG and electric...
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5 Minutes
Car sales decline for third straight month in September
Car sales in the local market declined for the third straight month despite automakers offering hefty discounts to boost demand. As per industry estimates 355,000-360,000 cars, sedans and utility vehicles were sold in September,...
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3 Minutes
TAFE locked in legal battle with US’ AGCO Corporation over use of tractor brand Massey Ferguson in India
Chennai-based Tractors and Farm Equipment Ltd (TAFE) is locked in a legal battle with US agricultural machinery manufacturer AGCO Corporation regarding the use of tractor brand Massey Ferguson in India. On Monday, NYSE-listed AGCO...
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2 Minutes
By 2035, EVs to consume 6 to 8.7 pc of India’s electricity: Report
The electric vehicles (EVs) in India are set to consume a significant share of the country’s electricity by 2035, highlighted a report by IKIGAI Asset Manager Holdings, an investment management firm. According to the...
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2 Minutes
Tata Nexon CNG launched in India: Check Price, feature, specifications, and other details
Tata Motors has officially launched the long-awaited Tata Nexon CNG SUV in the Indian market. The new model is available in eight variants: Smart (O), Smart+, Smart+ S, Pure, Pure S, Creative, Creative+, and...
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MG WINDSOR EV: SHOULD YOU BUY INDIA’S FIRST INTELLIGENT CUV? | FIRST IMPRESSIONS – The Economic Times Video
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Auto companies ramp up discounts, cut prices amid demand revival hope
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9 Minutes
Tata Motors: Tamil Nadu CM Stalin lays foundation stone for Tata Motors’ Rs 9,000 cr manufacturing plant in state
Tamil Nadu Chief Minister M K Stalin on Saturday laid the foundation stone for a new manufacturing facility of auto major Tata Motors here entailing investment of Rs 9,000 crore. The ground breaking ceremony...
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3 Minutes
Cash in as India’s top two two-wheeler makers Hero and Honda battle it out this festive season
Mumbai: The festive season will be crucial for India’s top two two-wheeler makers as the duo, accounting for more than half of the market, plan to intensify their slugfest and go all out to...
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0 Minutes
Tata Curvv ICE: Top vs base model features, all variants explained! – The Economic Times Video
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government subsidies: EV industry in India is not relevant without incentives: Bernstein
The journey of shifting to electric mobility is not going to be easy for automakers as it is tough to generate profitable margins and get scale in the electric vehicles (EVs) segment, says a...
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Hardening rubber prices to put pressure on tyre makers’ margin: Crisil
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7 Minutes
Hyundai’s mother of all IPOs: Where the carmaker stands, where it’s headed
Hyundai Motor India Ltd, the most successful foreign automaker in the country where a few others have failed, has reportedly got nod from the Securities and Exchange Board of India for its initial public...
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ANAND Group invests Rs 600 crore to boost electric vehicle and SUV component manufacturing
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2 Minutes
Sales of premium SUVs run out of steam as sales drop 18% this fiscal
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8 Minutes
Can Indian electric two-wheelers challenge China’s dominance?
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Mahindra and Skoda likely to sign pact for proposed JV soon
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HMSI recalls 300-350 cc bikes to replace faulty parts
Honda Motorcycle & Scooter India on Monday said it is recalling certain units of its bike models like CB350 and H’ness CB350 due to issues with wheel speed sensor and camshaft. The company is...
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3 Minutes
Luxury car buyers switch gears, go for top-end variants
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2 Minutes
Luxury carmakers Mercedes, Audi, BMW expect robust sales this festive season
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3 Minutes
MG Windsor: MG Motor Windsor EV prices revealed: Check variants and features of ‘intelligent’ CUV
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Michelin: Foundation stone laid for Michelin India’s tyre plant in Tamil Nadu
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Hyundai not responsible for dealer’s omissions, says Delhi consumer commission
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2 Minutes
Bombay HC grants temporary relief to CEAT in case against Apollo Tyres’ ads
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Plant for making automotive parts for BMW to come up in Punjab; CM Mann to lay foundation stone
Punjab Chief Minister Bhagwant Mann on Thursday assured full support to Modern Automotives for its plans to expand its project in the state and manufacture parts for luxury car maker BMW. A delegation of...
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2 Minutes
Uno Minda lines up over Rs 610 crore investments on new plant in Indonesia, India capacity expansion
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2 Minutes
Maruti plans 25,000 charging points ahead of its first EV launch
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2 Minutes
Plan to launch six new products under Renault-Nissan alliance is on schedule: Official
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2 Minutes
Triumph Speed T4 launched: Superbike maker unveils its most affordable bike at Rs 2.17 lakh. Check features, Specs
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2 Minutes
Bajaj looks to expand Triumph range, sales network to fuel future growth
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2 Minutes
M&M looks to drive into South East Asia market, ramp up in South Africa
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2 Minutes
Mercedes-Benz expands EV lineup in India amid growing demand
Indian Railway Finance Corporation Share Price 163.96 04:10 PM | 16 Sep 2024 -3.29(-1.97%) One97 Communications Share Price 682.15 04:10 PM | 16 Sep 2024 27.2(4.16%) YES Bank Share Price 23.5 04:10 PM |...
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Scooter sales growth surpasses that of bikes
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3 Minutes
Discounts, offers drive car, electronics sales in Onam, Ganesh Chaturthi
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2 Minutes
CNG, hybrid cars take expressway to drive past EVs
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0 Minutes
“15.6-inch Infotainment, Reclining Seats, and Panoramic Sunroof”
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Micro SUVs take the wheel as Motown hits rough patch
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2 Minutes
Passenger vehicle sales in India fall for second straight month in August
Sales of passenger vehicles in the local market fell for the second straight month in August, on a high base, and with carmakers curtailing dealer dispatches to rationalise record-high inventory levels. According to data...
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3 Minutes
With sales in the slow lane, car companies ramp up September discounts
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1 Minute
How MG Windsor EV’s Battery Subscription model works: CCO Satinder Singh Bajwa explains – The Economic Times Video
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FADA seeks legislative safeguards to prevent OEMs exiting abruptly
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3 Minutes
JSW MG Motor India looks to move away from internal combustion engine petrol, diesel vehicles
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Now, drive up to 20 km on expressways for free per day with satellite navigation
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3 Minutes
Maruti Suzuki to launch 1st electric car with comprehensive ecosystem to address EV concerns
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Tata Motors slashes entry prices of several models including Nexon, Harrier by up to Rs 2.05 lakh
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3 Minutes
Piyush Goyal urges auto component makers to boost production, cut imports, target $100 bn exports
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3 Minutes
Amid slowdown, lenders line up offers to turbocharge rural auto sales
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2 Minutes
Hyundai Aura Hy-CNG E trim with 1.2L Bi-Fuel engine at Rs 7.48 lakh ex-showroom price
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Minda Corp inks licensing pact with China’s Sanco to tap EV market
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2 Minutes
FADA: Automobile sales declines 7.01 pc in August, above normal monsoon attributed to poor performance: FADA
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car discounts: Double-whammy for India’s car dealers: Rising inventory and increasing demand for discounts
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Hyundai Motor adds two new variants under EXTER portfolio
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Passenger, commercial vehicles retail sales skid in August as heavy rains dampen sentiment
Retail sales of passenger and commercial vehicles in India fell in August from a year earlier as excessive rainfall in several states weighed on consumer sentiment and economic activity, worsening woes for automakers. While...
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3 Minutes
Passenger, commercial vehicle registrations fall in August as floods, rainfall disrupt sales
Registrations of passenger as well as commercial vehicles fell last month with excess rainfall, floods disrupting retail sales in several states in the local market. While passenger vehicle sales declined by 4.5% to 309,053...
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2 Minutes
Maruti, Toyota may have a reason to worry: 48% GST on hybrid cars, 5% on EVs to continue
In what can be disheartening for auto companies such as Maruti Suzuki, Toyota and Honda, G20 Sherpa Amitabh Kant announced on Tuesday that the government will maintain a large duty differential between electric vehicles...
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Two-wheeler makers should provide helmets to vehicle buyers at a discount: Nitin Gadkari
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2 Minutes
Classic Legends may hit the IPO route in FY27, co to focus on ramping up volumes
Mumbai: Mahindra & Mahindra-backed motorcycle maker Classic Legends is planning an initial public offering (IPO) in the financial year starting April 1, 2026, cofounder Anupam Thareja said. The company manufactures and markets the Jawa,...
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2 Minutes
customer service index: Kia, Audi lead FADA’s overall Customer Service Index in mass and luxury segments
The Federation of Automobile Dealers Associations (FADA) announced the results of the 2024 customer experience index in collaboration with Frost & Sullivan, on Tuesday. The study revealed that Kia leads the overall customer experience...
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2 Minutes
Brezza races past Creta, tops sales charts in August
New Delhi: Maruti Suzuki’s workhorse SUV Brezza raced past Hyundai Motor India’s Creta to occupy the top slot on the sales chart last month. Maruti Suzuki sold 19,190 units of the Brezza in August,...
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0 Minutes
Tata Curvv petrol & diesel launched in India: Check interior, exterior, pricing & features
Tata Motors launches Curvv in petrol and diesel variants. Introductory prices start at Rs 9.99L, with deliveries from September 12. Discover its design, features, and competitors....
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0 Minutes
Tata Motors: Tata Motors sales dip 8% to 71,693 units in August
New Delhi: Tata Motors on Sunday reported an 8 per cent rise in total wholesales at 71,693 units in August as compared with 78,010 units in the same month last year. The total domestic...
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3 Minutes
Auto sales decline for second straight month in August
Sales of passenger vehicles in the local market declined for the second straight month in August, on a high base, and with carmakers reducing dispatches to rationalise stocks at dealerships. According to industry estimates...
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3 Minutes
Why India’s auto industry is betting big on the grand re-entry of small cars
Once the driving force behind India’s automobile industry growth and then pushed to the sidelines by SUVs in recent years, small cars are set to make a strong comeback, say experts. A recent surge...
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0 Minutes
2024 Maserati GranTurismo launched in India: Price, specs, and features
Maserati launches the 2024 GranTurismo in India with a new 3.0L V6 engine, AWD, and advanced features. Priced from ?2.72 lakh, the model includes Modena and Trofeo trims....
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1 Minute
Navigating ERP implementation for long-term SME success – The Economic Times Video
Sunil Jain, President and Executive Director of Rajoo Engineers Limited, Biren Parikh, CIO of Symphony Limited, and Vishal Raj Saini, Country Head – India and Indian Subcontinent at Epicor Software joined the third episode...
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1 Minute
Maserati unveils second-generation GranTurismo: Check price, design, and more
Italian luxury carmaker Maserati introduced the second-generation GranTurismo in India on Friday, expanding its lineup with this new grand tourer. The GranTurismo is available in two petrol variants: the Modena, priced at Rs 2.72...
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2 Minutes
Two-wheeler industry expects robust growth in upcoming festive season: TVS
The two-wheeler industry is expected to witness robust sales in the upcoming festive season, riding on the back of strong revival in rural demand and bountiful monsoon so far, according to TVS Motor Company...
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1 Minute
Eicher to incentivise customers scrapping old vehicles for new ones
Eicher Trucks and Buses, a business unit of VE Commercial Vehicles, on Thursday said it has launched a programme to incentivise customers for scrapping old vehicles to purchase new trucks and buses. Under the...
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3 Minutes
Maruti, Hyundai, Toyota gear up for launch of seven-seater models amid growing demand
Maruti Suzuki, Hyundai Motor India and Toyota Kirloskar Motor are among automakers gearing up to introduce more than half a dozen seven-seater utility vehicles over the next year to capitalise on surging demand for...
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2 Minutes
Hyundai to double hybrid lineup; announces $3 billion buyback
Hyundai Motor Co. plans to double its lineup of hybrid cars as demand for pure electric vehicles slows, and announced a 4 trillion won ($3 billion) share buyback as part of a plan to...
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2 Minutes
August Sales Forecast: Dealer dispatches may slow down as inventory piles up
Rising inventory across sales channels and lack of competitively priced new models that can attract buyers are beginning to weigh on the wholesale volumes (dispatches to dealers) of the passenger car industry. For the...
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1 Minute
You can get a discount on your new car, but Gadkari has one condition
Union Minister of Road Transport and Highways, Nitin Gadkari on Tuesday announced that commercial and passenger vehicle manufacturers have agreed to offer discounts for the purchase of new vehicles against the scrapping of older...
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0 Minutes
Mahindra Thar Roxx launched in India: Check this five-door SUV, price, and features
Mahindra Thar Roxx launched in India, offering a five-door version of the iconic SUV. Starting at Rs 12.99 lakh, it features petrol and diesel options, advanced safety tech, and a premium interior, catering to...
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2 Minutes
Ashok Leyland sees high enquiry from fleet operators amid consolidation
Commercial vehicle maker Ashok Leyland has been seeing a high number of enquiries from fleet operators amid the segment going through a consolidation phase, the company has said. The company is also expecting the...
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2 Minutes
Tata Punch emerges as India’s top-selling car, beats Maruti’s WagonR
Tata Motors’ Punch has become India’s top-selling car, surpassing Maruti Suzuki’s WagonR with over 1,26,000 units sold between January and July 2024. Punch’s success marks the end of Maruti Suzuki’s long-standing dominance in this...
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4 Minutes
Strong hybrids rev up to fly past EVs in green race as car sales make a pit stop
Sales of strong hybrid vehicles are growing in high double digits, sharply outpacing a sluggish Indian auto market where demand for both fossil-fuel and electric vehicles have slowed this year. To be sure, the...
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2 Minutes
MPCB alleges non-compliance with environmental standards by Mercedes-Benz India
Maharashtra Pollution Control Board (MPCB) on Saturday alleged non-compliance with environmental standards by the luxury car maker Mercedes-Benz India at its Pune manufacturing facility and sought a comprehensive review of the plant’s operations. Mercedes-Benz...
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2 Minutes
TVS rolls out new scooter in Jupiter series: Check features, price, and more
TVS Motor Company launched its Jupiter 110 scooter on Thursday at Rs 73,700 (ex-showroom), after many social media teasers on it. The new model stars a fresh design as well as several new added...
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2 Minutes
Genesys International likely to bag orders worth Rs 200 crore from automakers
Genesys International Corporation, a provider of advanced mapping services, is in advanced talks to secure an order worth Rs 150-200 crore from two leading original equipment manufacturers (OEMs) in India to provide AI-powered navigational...
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3 Minutes
Lower GST critical for EVs in transition phase: Audi India
The government needs to continue to support adoption of electric vehicles by levying reduced GST of 5% till penetration in luxury vehicle segment reaches 50%, a top executive at German luxury carmaker Audi said....
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1 Minute
Expect scooter segment to account for over 40 pc of two-wheeler sales: TVS Motor
New Delhi: TVS Motor Company expects the scooter segment to grow further and account for around 40 per cent of the overall two-wheeler sales, its CEO KN Radhakrishnan said on Thursday. The company, which...
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2 Minutes
Hyundai ALCAZAR: Hyundai opens booking for new SUV Alcazar at token of Rs 25,000; Here are key features and other details
In a bid to diversify Sports Utility Vehicle (SUV) portfolio in India, South Korean auto giant Hyundai Motor India Limited (HMIL) on Thursday announced the commencement of bookings for new Alcazar with an initial...
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2 Minutes
Hero MotoCorp to drive in new scooter trims; bolster production capacity of Xtreme 125R
Two-wheeler major Hero MotoCorp is gearing up to expand its scooter range and consolidate its position in the 125 cc bike segment as it looks to grow faster than the competition, according to CEO...
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2 Minutes
Skoda Kylaq price: Skoda Kylaq: Czech car maker picks Sanskrit name for its compact SUV to challenge Fronx, Nexon, and 3XO
Skoda has unveiled the name of its forthcoming subcompact SUV for the Indian market, set for a 2025 launch. The vehicle will be called the ‘Kylaq,’ continuing Skoda’s distinctive naming convention for SUVs that...
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2 Minutes
Thirteen years after the breakup, Honda overtakes former partner to become the new Hero
In a significant shift in the two-wheeler market, Hero MotoCorp has fallen to the second position behind Honda Motorcycle & Scooter India (HMSI) based on wholesale dispatch data. According to figures from the Society...
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4 Minutes
india auto inventory: The curious case of 3,00,000 missing cars: It is automakers vs dealers in inventory mystery
Carmakers and their dealers are battling each other over inventory levels amid slowing demand. The Federation of Automobile Dealers Associations (FADA) says their members are carrying stock equivalent to over two months of sales,...
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2 Minutes
Bajaj Auto to hike provision for deferred tax by Rs 211 cr post indexation benefit withdrawal
Bajaj Auto Ltd on Monday said it will need to increase its provision for deferred tax by Rs 211 crore due to the withdrawal of indexation benefit and change in the tax rate on...
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2 Minutes
Carmakers revving up style quotient: SUVs get a coupé makeover to woo a competitive market
MUMBAI: Automakers are in the process of tweaking the design, shapes and body styles to inject freshness into SUVs, which after topping the sales charts for several years are now facing sluggish demand. A...
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3 Minutes
TVS Motor share price: Confident of outperforming industry in both domestic, global markets: TVS Motor
TVS Motor Company expects to grow faster than the competition across domestic and international markets this fiscal riding on the back of new product launches and strengthening of operations across key regions, according to...
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2 Minutes
TVS Motor Co to expand electric 2W sales in both developing, developed markets: CEO KN Radhakrishnan
New Delhi: TVS Motor Company plans to expand the sales of its electric vehicles to both developing and developed markets, betting big on India’s potential to emerge as a major export hub for electric...
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1 Minute
Maruti to raise deferred tax liability provision by Rs 850 cr in Q2 on indexation removal
Maruti Suzuki India on Saturday said it would need to increase provision for deferred tax liability by around Rs 850 crore due to the withdrawal of indexation benefit while calculating long-term capital gains on...
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1 Minute
Ferrari or Lamborghini, it’s a luxury quite a few can afford
New Delhi: Sales of super luxury cars are set to surpass previous peaks for the third straight year in India, even as mainstream auto makers are struggling to clear their piled-up inventory by offering...
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1 Minute
escorts kubota share price: Escorts Kubota eyes land in UP for Rs 4500 cr manufacturing facility after pivot from Rajasthan
Escorts Kubota is advancing its plans to establish a Greenfield manufacturing facility, to expand the company’s existing capacities to accommodate its future growth, the company informed the exchanges o Friday. The farm equipment company...
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3 Minutes
Demand in slow lane, Auto Inc deploys discounts to clear inventory gridlock
New Delhi: Car discounts have doubled from August last year and are likely to stay high through the festive season, till end of December, as carmakers and dealers rush to liquidate a huge pile-up...
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4 Minutes
BSA bikes in india: Iconic motorcycle brand BSA makes India debut; launches 652-cc model at Rs 2.99 lakh
Mahindra Group-owned iconic motorcycle brand BSA made its debut in India on Thursday with the launch of 652-cc Gold Star 650 model at a starting price of Rs 2.99 lakh (ex-showroom Delhi). One of...
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2 Minutes
Passenger vehicle sales fall for first time in over two years in July
Sales of passenger vehicles fell for the first time in more than two years in July on a high base worsened by sluggish demand and inventory glut at dealerships. Two-wheelers however grew in double...
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1 Minute
Maruti to follow registrations on Vahan for monthly sales reporting
In a first, Maruti Suzuki has started preparations for reporting its monthly sales based on vehicle registrations, shifting from the current practice of announcing factory despatches to dealers every month, said people aware of...
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2 Minutes
Hero two wheelers: Hero MotoCorp records highest quarterly revenue, PAT, riding on better sales in 125 cc segment
Hero MotoCorp recorded its highest ever quarterly revenue and profit after tax in Q1 FY25 as it reported a 16 per cent revenue growth from the same quarter of the previous year at Rs...
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2 Minutes
hero moto q1 results: Hero MotoCorp to launch new scooter models in upcoming quarters ahead of festive season
As the festive season in India fast approaches, Hero MotoCorp CEO Niranjan gupta on Tuesday announced that the company will be launching new scooter models in the two forthcoming quarters, attempting to ‘re-energise’ the...
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1 Minute
Jaguar Land Rover begins deliveries of locally-manufactured Range Rover Sport
Tata Motors-owned Jaguar Land Rover on Tuesday announced the commencement of the locally-produced Range Rover Sport in the domestic market. With this, the complete Range Rover portfolio is now made-in-India, the company said. Jaguar...
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2 Minutes
BSA Gold Star set to hit Indian roads: Classic legends focuses on premium motorcycles amidst growing competition
BSA, the iconic British motorcycle brand, will debut in India on August 15 with the Gold Star model, amplifying choices for enthusiasts while intensifying competition in the growing market for middleweight motorcycles. Mahindra &...
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2 Minutes
Mahindra share price: Mahindra to build $3 billion car plant with a Chinese co? Here’s what the automaker said
Mahindra & Mahindra on Friday denied report which said that the Indian automaker and China’s Shaanxi Automobile Group have agreed to set up a $3 billion joint venture to build a car manufacturing plant...
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3 Minutes
Global demand muted; gradual improvement expected in domestic market: Tata Motors
Tata Motors expects demand to remain sluggish in overseas markets this fiscal while pinning hopes on a gradual bounce back in the domestic market on the back of new launches and the upcoming festive...
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2 Minutes
Lamborghini bets big on India’s long-term potential
Italian super luxury automaker Automobili Lamborghini expects exponential growth in India with the potential to become a top market in the Asia Pacific region in the long-term, driven by customers who are the youngest...
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9 Minutes
Why have European car makers struggled to succeed in India?
Remember Opel Astra? It was India’s first tryst with German technology on the roads. With automatic transmission — a rarity in those days — ventilated disc brakes and a CFC-free air-conditioning system, Astra quickly...
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3 Minutes
Bharat Mobility Show 2025: From Tata to BYD, auto giants line up for Delhi ramp; set to become world’s biggest auto expo
New Delhi: India is set to host one of the largest mobility expositions in the world with as many as 28 automakers from homegrown Tata Motors to Maruti Suzuki, Japan’s Toyota Motor Corporation (TMC)...
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2 Minutes
Delhi auto parts store: Auto parts traders in this Indian city are paying a price for Bangladesh unrest
The political turmoil in Bangladesh is significantly impacting Delhi’s auto parts trade, particularly affecting markets like Kashmere Gate and Karol Bagh, which export spare parts to the neighboring country, TOI reported. Traders are facing...
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3 Minutes
Yulu Bikes: Yulu Bikes aiming to raise over $100 million to fund expansion
Shared mobility services provider Yulu Bikes is looking to raise upwards of $100 million in a Series C round to expand operations over the next couple of years. Yulu, which has a strategic partnership...
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1 Minute
Curvv effect: After Rs 1.2 lakh price cut, Tata Motors hikes discount on Nexon.ev again
Mumbai: Electric car market leader Tata Motors has increased discount on its Nexon.ev range by up to ₹60,000 to arrest sluggish sales, according to a communique the company sent to its dealers on Thursday....
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3 Minutes
Mercedes India launches CLE Cabriolet and AMG GLC 43 Coupe: Check varients, price, special features, other details
Mercedes-Benz India has launched two new models, the Mercedes CLE Cabriolet and AMG GLC 43 4Matic Coupe, in the Indian market. These models are part of the six new launches planned by Mercedes-Benz for...
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1 Minute
Alto K10 defect: Maruti Suzuki to recall 2,555 Alto K10 vehicles for possible defect; affected customers advised against driving the vehicle
Maruti Suzuki on Wednesday announced that it will recall 2,555 Alto K10 vehicles for a possible defect in Steering Gear Box Assembly (“Part”). The said defect, in a rare case, may affect the vehicle...
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2 Minutes
Tata Curvv.ev SUV launched: Price, launch date, features
Tata Motors on Wednesday launched the electric vehicle SUV Curvv.ev, in a bid to further strengthen it’s dominance in an emerging electric vehicles market in India. The Tata Curvv EV, priced from Rs 17.49...
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2 Minutes
To unlock full potential of Finance & IT Arms, Mahindra & Mahindra to rev up services business
The auto to tractor major is closely watching its services contribution, which now accounts for 30-40 percent of the group’s profitability. With a five-fold growth in the services portfolio and unlocking the full potential...
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2 Minutes
Indian auto companies will soon produce 100% ethanol-run cars and 2-wheelers: Nitin Gadkari
Union Minister of Road Transport and Highways Nitin Gadkari said on Monday that many Indian companies are setting up plants to produce 100 per cent ethanol-run cars and two-wheelers in India. Gadkari came to...
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0 Minutes
Indian auto companies will soon produce 100 pc ethanol-run cars: Nitin Gadkari – The Economic Times Video
Find this comment offensive? Choose your reason below and click on the Report button. This will alert our moderators to take action Name Reason for reporting: Foul languageSlanderousInciting hatred against a certain communityOthers Your...
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1 Minute
Auto sales data: Tractors’ growth contracts 12% in July, FADA laments record-high PV inventory levels
India’s automobile retails grew 13.8 per cent on an annual basis in July, data from auto body FADA showed on Monday. Almost all segments except tractors exhibited a double-digit growth even as passenger vehicles’...
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2 Minutes
UP hybrid car tax sops: Hyundai, Tata doesn’t want UP to give a major tax advantage to Maruti, Toyota
Hyundai, Kia Motors, Tata and Mahindra are lobbying India’s most populous state not to offer incentives for hybrid cars, saying the move – set to help rivals Toyota and Maruti Suzuki – would hit...
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3 Minutes
Motown switches to festive gear with new models
Sluggish sales and high dealer inventory have not stopped carmakers from gearing up for a major product offensive in the upcoming festival season. As many as 20 new passenger vehicle models — including 12...
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3 Minutes
Classic Legends to open 200 Jawa-Yezdi showrooms every year
Chennai: Classic Legends, a subsidiary of Mahindra and Mahindra Ltd, and retailers of Jawa and Yezdi range of motorcycles in India has announced plans to open 200 retail showrooms every year, a top official...
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3 Minutes
Ford eyeing a comeback? US car giant may re-enter India with a green twist
US carmaker Ford is considering re-entering the Indian market with a new strategy focused on electrics and sustainability. CEO Jim Farley and the global team at Ford’s headquarters are set to review a feasibility...
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2 Minutes
Electric motor parts maker EuroGroup Laminations enters India, signs JV in China
Italian electric motor component maker EuroGroup Laminations is buying a 40% stake in India’s Kumar Precision Stampings, the company said shortly after announcing a preliminary agreement for a strategic electric vehicle sector alliance in...
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1 Minute
Tata Motors’ e-car sales drop 21% in July
Mumbai: Tata Motors’ electric car dispatches to dealers fell 21% in July year-on-year, making it a third consecutive monthly, year-on-year decline for the maker of Nexon.ev and Punch.ev models. PB Balaji, chief financial officer,...
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2 Minutes
Car cos find roads to dealers choked: PV sales decline for the first time in 2.5 years in July amid sluggish demand
New Delhi: Passenger vehicle sales fell for the first time in two and a half years in July amid sluggish demand and high dealer inventory, reflecting a broader slowdown in consumer spending across sectors...
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0 Minutes
Hyundai’s sales dip 3% in July to 64,513 units
Hyundai Motor India on Thursday said its wholesales dipped 3 per cent year-on-year to 64,513 units in July. The automaker had sold a total of 66,701 units in July 2023, Hyundai Motor India said...
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2 Minutes
Mahindra Thar: Mahindra looks to add five-door Thar production capacity by 4,000 units per month
Home-grown auto major Mahindra & Mahindra on Wednesday said it is looking at creating an additional 4,000 units per month capacity for the five-door version of Thar, Thar Roxx, which is likely to be...
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2 Minutes
Skoda SUV contest: Co shortlists 10 names starting with K, winner to get new car & a ticket to Prague
Skoda Auto India has shortlisted 10 names for its upcoming compact SUV, set to launch by March 2025. The final name will be announced on August 21, 2024. The model will be based on...
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1 Minute
Daimler India partners with Bajaj Finance to offer vehicle financing solutions
Commercial vehicle maker Daimler India said on Tuesday it has partnered with Bajaj Finance to offer tailor-made vehicle financing options for both its customers and dealers. The strategic partnership will offer customer-focused finance solutions...
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2 Minutes
Auto industry needs 2 lakh skilled people by 2030 to meet 30 pc EV adoption target: SIAM
New Delhi: Indian automotive industry will need up to 2 lakh skilled people by 2030 to meet the government’s vision of 30 per cent electric vehicle adoption, the Society of Indian Automobile Manufacturers said...
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0 Minutes
Stylish sedan cars in India under a budget of Rs 15 lakh
Known for its sleek design and premium interiors, the Honda City offers a comfortable ride with advanced features...
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3 Minutes
Bmw 5 series: BMW launches 5 Series luxury sedan, two new Mini Coopers, and its first scooter for Indian markets. Check features and prices
The BMW Group introduced four BMW 5 Series 2024 new vehicles on Wednesday which included two new Mini Cooper models, one luxury sedan, and one electric scooter. The centre-stage was reserved for its brand-new...
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3 Minutes
Tata Motors in legal battle with EPFO over pension fund transfer
Mumbai: Tata Motors, among a few companies having its own exempted pension fund, is locked in a legal battle with the Employees’ Provident Fund Organisation (EPFO) over the transfer of pension funds.The automaker had...
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3 Minutes
Nissan looks to rev up India operations; lines up product launches over next 30 months
New Delhi: Japanese auto major Nissan is looking to introduce five models over the next 30 months, as it looks to reboot its operations in the fast-growing Indian car market. The company, which is...
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0 Minutes
Best affordable cars for small Indian families
Alto 800, tata tiago, maruti wagon r and more cars in a budget for small indian families...
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3 Minutes
Young buyers spend a fortune on luxury car makeovers
New Delhi: For India’s young and upwardly mobile, buying a luxury car doesn’t just end their pursuit for the dream vehicle. They want it to be bespoke and are ready to splurge on customisation.Audi...
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2 Minutes
Nissan-Renault firms up plans to launch half a dozen SUVs in India
Japanese auto major Nissan – which along with alliance partner Renault recently announced fresh investments of Rs 5300 crore in India – has firmed up plans to introduce nearly half a dozen SUVs in...
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2 Minutes
auto component industry: Auto component industry turnover up 10 pc at Rs 6.14 lakh crore in FY24: ACMA
The turnover of the automotive component industry rose by 9.8 per cent year-on-year to Rs 6.14 lakh crore for the fiscal ended March 31, 2024, industry body ACMA said on Thursday. The industry had...
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0 Minutes
BMW launches CE 04 electric scooter in India at Rs 14.90 lakh
BMW Motorrad India has introduced its first electric scooter, the BMW CE 04, marking the debut of India’s first premium electric two-wheeler. The scooter is priced at INR 14,90,000 (ex-showroom)....
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1 Minute
porsche sales india: Porsche India retail sales grow 40% in January-June period
Porsche India on Wednesday said its retail sales increased 40 per cent year-on-year to 489 units in the January-June period. The company saw robust sales of Cayenne and Macan models during the period under...
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2 Minutes
Indian market is an “exception”, growing steadily when demand for premium vehicles slowing down in developed countries: Jean-Philippe Parain, Senior Vice President, BMW Group
The Indian market is an “exception”, growing steadily and sustainably at a time when demand for premium vehicles in several developed countries like China, Japan and Korea have started slowing down amid weak customer...
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2 Minutes
Royal Enfield Guerrilla 450 launched: Check variant prices, booking, engine, features, specs and other details
Royal Enfield has unveiled its latest offering, the Royal Enfield Guerrilla 450, at an event held in Barcelona. This new motorcycle, based on the Himalayan 450 platform, introduces three variants priced competitively starting from...
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1 Minute
Economic Survey 2024: PLI scheme for auto sector sees investment proposals worth Rs 67,690 crore
NEW DELHI: The production linked incentive scheme (PLI) for automobile and auto components has so far attracted a proposed investment of Rs 67,690 crore, said Economic Survey 2023-24 tabled in Parliament on Monday. A...
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4 Minutes
Renewed push: Centre weighs dedicated fund to drive vehicle scrapping and new car sales
The Centre is considering setting up a dedicated fund to incentivise new vehicle buyers among steps to push customers to scrap old vehicles. The shift in strategy follows tepid response to a voluntary vehicle...
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1 Minute
CEAT lines up ₹1k-cr capex in FY25, flags margin woes
RPG Group company CEAT has outlined a capital expenditure of ₹1,000 crore for the current fiscal even as it sees margin pressure continuing for another quarter due to consistent increase in the price of...
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3 Minutes
Toyota Motor Corp: Suzuki sees India’s automobile market growing fivefold by 2047
India’s car market is on track to reach 20 million units by 2047, helped by promising growth in battery electric vehicles, Suzuki Motor Corp. Executive Vice President Kenichi Ayukawa said. First, the goal is...
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3 Minutes
CEAT tyres: Expect double-digit growth in replacement, international business despite rubber price hike: CEAT
Tyre maker CEAT Ltd expects double-digit growth in replacement and international business this fiscal despite a high natural rubber price forcing it to hike product rates, according to its MD and CEO Arnab Banerjee....
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2 Minutes
Offers in trunk…your next car’s trying to drive towards you
Automakers are increasingly turning to discounts to lure buyers, an indication that the pricing power they enjoyed after the pandemic is eroding. The average incentive in the second quarter of 2024 rose to Rs...
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0 Minutes
Best family cars in India under Rs 10 lakh budget
Cars for a family of four: Best cars for Indian families including maruti suzuki swift, hyundai i20, kia sonet, tata nexon and more...
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3 Minutes
JSW MG Motor India: Current GST rate for PVs outdated; needs a relook: JSW MG Motor India CEO Emeritus
New Delhi: The current GST rate structure of passenger vehicles in India is outdated and needs to be aligned with the new developments in the auto industry, according to JSW MG Motor India CEO...
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1 Minute
luxury car market: Mercedes Benz comes up with customised finance options for aspiring buyers
Mercedes-Benz India on Wednesday said it has introduced financial solutions for customers to own its model range. The luxury car market leader has come up with initiatives like ‘Step-up EMI’, ‘Lower EMI with higher...
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2 Minutes
tyres: DPIIT steps led to investment commitments of over Rs 1100 cr from global tyre makers
Leading global tyre makers such as Bridgestone, Michelin and Goodyear have committed investments worth over Rs 1,100 crore in India after the DPIIT temporarily allowed them to import certain tyres to the country, an...
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0 Minutes
Royal Enfield launches Guerrilla 450 at Rs 2.39 lakh: Key features and details
Royal Enfield has unveiled its new Guerrilla 450, priced at Rs 2.39 lakh. This latest model features a powerful engine, modern design, and advanced technology. With this launch, Royal Enfield aims to capture the...
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2 Minutes
TVS Motor Company: Norton Motorcycles to ride in six models over three years
British bike maker Norton Motorcycles, part of the TVS Motor Company, on Wednesday said it plans to launch six new products over the next three years with an eye on increasing sales through sales...
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3 Minutes
JSW MG Motor to invest Rs 3,000 cr in India by 2025, to launch five new cars
JSW MG Motor India, the recently forged joint venture between MG Motor and Sajjan Jindal-promoted JSW Group, has firmed up plans to invest Rs 3000 crore in the country by the end of 2025...
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2 Minutes
Suzuki outlines tech strategy for next 10 years for various markets including India
New Delhi: Suzuki Motor Corporation on Wednesday said it will focus on aspects like light body structures and usage of small batteries to power its models including electric vehicles across various markets, including India....
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1 Minute
Expect domestic two-wheeler sales to reach peak levels of FY19 latest by Q1 FY26: Bajaj Auto
New Delhi: Two-wheeler sales in India are expected to grow around 6-8 per cent this fiscal and could reach the peak level of 2018-19 either in the fourth quarter or the beginning of next...
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1 Minute
Ashok Leyland MSTC: Ashok Leyland wins order worth Rs 981.45 crore from Maharashtra State Transport Corp
Mumbai: Ashok Leyland, the Hinduja group flagship has bagged an order for 2104 Viking passenger buses worth Rs981.45 crore from the Maharashtra State Road Transport Corporation (MSRTC), the company said in a statement. The...
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2 Minutes
Automobile retail sales up 9 pc in April-June: FADA
Automobile retail sales increased 9 per cent year-on-year in June quarter FY25 with all segments, barring tractors, reporting growth, dealers’ body FADA said on Monday. Overall retail sales rose to 61,91,225 units in the...
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4 Minutes
Supreme Court asks BMW to pay Rs 50 lakh as compensation to customer for defective car
New Delhi The Supreme Court has directed luxury car maker BMW India Private Ltd to pay Rs 50 lakh as compensation to a customer for supplying a defective car in 2009. A bench of...
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3 Minutes
ev: Changes likely in India’s new EV policy, may benefit legacy car companies
New Delhi: India is likely to make changes to its new electric vehicle (EV) policy to incentivise automakers that have already made investments in the country, people in the know told ET. This comes...
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3 Minutes
India auto sales: Auto sales muted as extreme heatwave cools demand in July
Vehicle registrations – a proxy for retail sales – were largely flat last month as extreme heatwave in several parts of the country impacted retail sales. According to data collated by industry body Federation...
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3 Minutes
Bajaj Auto looks to disrupt market with its CNG motorcycle Freedom 125, return favour to its arch-rival
Akurdi: With the Freedom 125, the world’s first CNG-powered motorcycle, Rajiv Bajaj, managing director, Bajaj Auto Auto wants to “return the favour” to the erstwhile Hero Honda which transformed the scooter-led two-wheeler market two-and-half...
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1 Minute
Ather Energy aims to raise market share with foray into family scooter segment
Kolkata: Electric two-wheeler maker Ather Energy is hopeful of increasing its market share as it forays into the family scooter segment, a company official said on Friday. The Bengaluru-based firm has so far been...
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2 Minutes
Footfalls at auto dealers fall in June, so do RTO registrations
New Delhi: Vehicle registrations – a proxy for retail sales – were largely flat last month as heatwave conditions in several parts of the country forced potential buyers to defer their purchases. Data collated...
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