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A huge disruption is underway along the entire auto value chain

The level of tech in new popular models in India is such that the ecosystem is witnessing a realignment.

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Jan 19, 2020, 01.16 PM IST

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VEHICLES

Passenger vehicle exports rise 6 per cent in April-Dec; Hyundai, Ford lead the pack

Car shipments saw 4.44 per cent growth at 4,04,552 units, while utility vehicle exports saw a rise of 11.14 per cent at 1,33,511 units during the April-December period, the Society of Indian Automobile Manufacturers' data showed.

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  • This comes after states made little progress in setting up these centres, which was to be done following a Supreme Court ruling that mandated all public transport vehicles to have vehicle tracking systems and emergency buttons. The features were mandated from January 1, 2019.

    A Supreme Court bench headed by Justice S A Bobde, sought response of the Centre on a PIL seeking implementation of its policy on gradually switching all public transport and government vehicles to electric vehicles with a view to curb air pollution and CFC emissions.

    On Monday, heavy rains triggered shooting of stones in Moumpassi, Digdole and Panthiyal areas, forcing suspension of the traffic, the official said. Snowfall in Kashmir side of the highway, including Jawahar Tunnel, since Sunday has resulted in blockade of the highway. "No fresh traffic was allowed from Nagrota in Jammu for Kashmir", he said.

    India’s newfound love for utility vehicles has taken the share of that segment from a mere 13% of total passenger vehicle sales 9 years ago to more than one-third so far this fiscal. In 2010-11, the auto industry rolled out 78 new cars on roads and 36 new UVs. So far in this financial year, 53 new cars have been launched, & an equal number of UVs have been launched.

    According to the US Justice Department, the five men, based in Canada, Hong Kong, and UK, “operated an international procurement network of front companies that existed to acquire US-origin goods for AERO) and PAEC, and to cause those goods to be exported from the United States to the entities without export licenses in violation of federals law.”

    Led by a series of new launches, the multiple purpose vehicles (MPV), or family cars, are back. The segment registered 35% growth in 2019 to 2.2 lakh units, with cars priced between Rs 6 lakh and Rs 25 lakh. By contrast, most segments of the automotive market contracted, often in double digits. So, the share of MPVs in India has risen from 5% to 8%.

    Srinagar- Jammu National Highway remained closed due to snowfall on January 16. Several heavy vehicles remained stranded due to closure of 2...

    “The company aims to bring the clean mobility solutions to the general public."

    "The Nexon was the proverbial guiding light for us in this aspect, and the Altroz has followed its footsteps, setting a new benchmark across the industry safety standards," Tata Motors Passenger Vehicles Business Unit (PVBU) President Mayank Pareek said in a statement.

    Greaves Cotton-owned Ampere Vehicles, which makes electric scooters, has made its entry into the ecommerce segment through a deal with grocery app BigBasket. It has also entered into an agreement with Bengaluru-based Bounce for deploying scooters for ride-share.

    Sales of petrol cars could likely grow at the expense of diesel cars after the transition, say experts.

    The first-ever conference of employees of 41 ordnance factories in the country is being held at the National Academy for Defence Production at Ambajhari near here. Director General Ordnance Factories and Chairman Ordnance Factories Board Hari Mohan told reporters that the conference would focus on "themes important for the transformation of ordnance factories".

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