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Chinese investments breathe life into Motown

At least half-a-dozen Chinese vehicle makers are expected to pump in about $5 billion over the next 3-5 years along with their vendor-partners to make inroads into the Indian market as their local market staggers. While MG Motor and BYD continue to invest in India, the likes of Great Wall Motors, Changan and Beiqi Foton are slated to commit investments in local manufacturing.

One corner of the auto market is churning out new jobs

Auto Inc has barely managed to navigate through stormy weather, finally clocking in a growth in sales in October, albeit marginal, after nearly a year of weak sales. Though marginal, the 0.3% growth in sales in October has raised a glimmer of hope that the world’s fourth-largest automobile market will sustain its growth momentum amid steps taken by the federal government to boost consumer confidence and improve market sentiment.

How to make the auto scrappage policy work

First off, there must be a cut-off age for vehicles after which they should be scrapped. A kilometre-based criterion will not work in India because odometers can be manipulated. Second, there should be separate age limits for different kinds of vehicles. For example, commercial vehicles should have a lower cut-off age than personal vehicles.

MG Motor to roll out affordable EV in 3-4 yrs, to set up battery unit here

MG Motor India will bring in an affordable electric vehicle in three to four years as it looks to gain leadership in the country’s EV market space.

Tata Motors global wholesales dip 19 per cent in October

Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range last month stood at 28,478 units, down 36 per cent from 44,380 units a year ago, the company said in a statement. The company's global sales of all passenger vehicles were at 60,630 units, down 7 per cent from 65,217 units in October 2018.

EESL falls way short of ambitious target to electrify government's car fleets

The move to electrify government employees’ car fleet ended with just set 3,000 cars, against a target of 10,000.

MG Motor looks 'beyond tokenism' in EV play; eyes selling 2-3k units of ZS EV electric SUV in India

The MG ZS EV, to be unveiled next month, will go head to head with Hyundai Kona, launched in July this year as the country's first fully electric SUV. Companies are dipping their toes into the nascent electric car market amid a concerted effort by the government to spur adoption of environment-friendly vehicles.

Tata Motors' India operations face acute challenges: Moody's

TML's operations excluding JLR -- in particular CVs and passenger vehicles in India face acute challenges, with sluggish economic growth, weak liquidity, tight financing norms, and low rural income negatively affecting consumer sentiment, the statement said.

JLR sales dip 6 per cent in October to 41,866 units

Sales of Jaguar brand were at 10,606 units during the month, down 22.9 per cent from October 2018, Tata Motors said in a statement. Land Rover sales were at 31,260 units, up 2.4 per cent from the same month last year, it added. The UK sales were, however, down 18.7 per cent during the month, the company said. Sales were flat in North America.

Tatas Group begins hunt for a partner for Jaguar, approaches Geely & BMW

Tata Group has said it’s open to finding partners for JLR to save costs & share burden of investing in e-cars.

Unsure Motown shelves $3 billion capex plans

Unsure Motown shelves $3 billion capex plans

Maruti’s parent Suzuki Motor corporation has deferred its $550-million third plant in Gujarat while Honda Motorcycle and Scooter India has pushed back plans to commence production from its third manufacturing line in Gujarat. Suzuki Motorcycle India has also put off by a few years its proposal to set up a second plant.

Diwali gives struggling auto companies reason to cheer

Diwali gives struggling auto companies reason to cheer

Retail sales of passenger vehicles improved 13.9% in October over the preceding year, while two-wheeler sales improved 8.9%, vehicle registration data from road transport and highways ministry's VAHAN dashboard showed.

Festive buys, new models help PV sales snap 11-month slide in October

Festive buys, new models help PV sales snap 11-month slide in October

PV sales rose marginally in Oct aided by festive season & introduction of new models in utility vehicle space.

China’s Great Wall may drive Rs. 7,000 cr investment into India

China’s Great Wall may drive Rs. 7,000 cr investment into India

China’s largest SUV maker, Great Wall Motors, has registered an Indian subsidiary with plans of investment.

Suzuki Motor may soon start testing its electric scooter in India

Suzuki Motor may soon start testing its electric scooter in India

"We will respect the government policy. We will make some prototypes. But there is no infrastructure — the charging system, battery station,” said Satoshi Uchida, the managing director of Suzuki Motorcycle India. When the company eventually launches its electric two-wheelers in India, it stands to benefit from the EV infrastructure of Maruti Suzuki.

Committed to offer environment friendly mobility solutions: MG Motor India MD Rajeev Chaba

Committed to offer environment friendly mobility solutions: MG Motor India MD Rajeev Chaba

MG India’s association with the acclaimed British actor also builds from the shared values and beliefs where both endorse community-led causes like diversity. The British actor has been known for promoting gender equality and ‘diversity across the board’ within the global entertainment industry.

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