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| 27 January, 2021, 10:04 AM IST | E-Paper
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    Maruti Suzuki looks to beat Korean rivals, speed up mid-size SUV sales

    The company, which accounts for nearly one out of every four utility vehicles sold locally, is looking at increasing sales in the mid-size sports utility vehicle (SUV) segment, where it currently has a single product Maruti Suzuki S-Cross.

    Wheel of change: Luxury carmakers eye 25-40% sales growth in 2021

    Makers of super expensive cars have lined up about 70 launches including all-new models, facelifts and variants this year, almost double the launch number of Covid-hit 2020.

    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 time of renewal of fitness certificate. For personal vehicles, the tax will be levied at the time of renewal of registration certificate after 15 years. The proposal will now go to states for consultation before it is formally notified.

    Society of Manufacturers of Electric Vehicles calls for rejig of FAME II or reintroduction of FAME I

    The FAME II scheme had planned to support 10 lakh electric two-wheelers, five lakh three-wheelers, 55,000 four-wheelers and 7,000 buses.

    GM warns Maharashtra government's move to block its exit could hit investment

    GM stopped selling cars in India, the world's second most populous nation, at the end of 2017 after years of low sales. It sold one of its two factories in the country to China's SAIC Motor Corp and continued to build vehicles for export at its second plant until Dec. 24.

    Luxury carmakers line up 70 launches for 2021, expect V-shaped recovery

    Luxury carmakers have lined up about 70 launches – including all-new models, facelifts and variants – this year, which is almost double of Covid-hit 2020 when lockdowns and supply chain challenges forced most firms to defer rolling out of new vehicles.

    Tata Motors hikes prices of passenger vehicles in a bid to offset rising input costs

    "Rising input costs and material costs of steel, precious metals and semiconductors have compelled the company to pass on the part of the cost to customers," Tata Motors said in a regulatory filing.

    We should never waste a good crisis: Pawan Munjal, Hero MotoCorp

    Even as industries world over faced unprecedented challenges last year amid the outbreak of the coronavirus pandemic, the country’s largest two-wheeler maker Hero MotoCorp took a relook at its operating models and defined new ways to expand.

    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 presented a huge opportunity to Citroen over the next few years to evolve into a major player.

    Citroen to bank on SUVs and localised vehicles to emerge as a major player in India

    Citroen will commence its product offensive in India with the launch of premium SUV Citroen C5 Aircross shortly.

    Renault India extends sales and service network, adds 120 facilities in 2020

    Renault India extends sales and service network, adds 120 facilities in 2020

    With this expansion, Renault India has bolstered its network presence to more than 500 sales and over 475 service touchpoints, which include over 200 Workshop On Wheels locations across the country.

    Tesla faces bumpier ride breaking into India after China success

    Tesla faces bumpier ride breaking into India after China success

    Cost is like to be a major stumbling block in India. Modi govt's FAME programs won’t do much to help lower the price for would-be Tesla customers, since the upper limit for an EV to qualify for subsidies is Rs 15 lakh. Teslas will cost more than that and therefore won’t be eligible, according to BNEF analyst Allen Tom Abraham.

    Challans to make car cover costlier, trial soon in Delhi-NCR

    Challans to make car cover costlier, trial soon in Delhi-NCR

    Such extra premiums would be anywhere between Rs 100 and Rs 750 for two-wheelers, and for four-wheelers and commercial vehicles, it would be in the range of Rs 300 to Rs 1,500, according to the insurance regulator.

    GM India to appeal against rejection of plant closure, Maharashtra Govt's move surprising says Co.

    GM India to appeal against rejection of plant closure, Maharashtra Govt's move surprising says Co.

    Move sends a concerning message to potential future investors who want to bring jobs and investment to the state.

    Auto dealers' body urges FM to introduce vehicle depreciation benefits for individuals in Budget

    Auto dealers' body urges FM to introduce vehicle depreciation benefits for individuals in Budget

    In its budget 2021 recommendations, Federation of Automobile Dealers Associations also said auto dealers should be kept out of annual TCS (tax collected at source) of 0.1 per cent saying it is a huge financial burden on the automobile retail industry.

    Hyundai Motor India Foundation inks pact with FITT-IIT Delhi

    Hyundai Motor India Foundation inks pact with FITT-IIT Delhi

    Under the memorandum of understanding (MoU), the foundation, which is the philanthropic arm of Hyundai Motor India, donated a KONA Electric for NVH (noise, vibration and harshness) and battery technology research for students of IIT Delhi, the company said in a statement.

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