Automobiles News

Tata Motors launch sub-compact SUV Punch at Rs 5.49 lakh

Tata Motors launch sub-compact SUV Punch at Rs 5.49 lakh

New Delhi: Automobile major Tata Motors on Monday launched sub-compact SUV 'Tata Punch' with a starting price of Rs 5.49 Lakh (ex-showroom Delhi).According to Shailesh Chandra, President -- Passenger Vehicles Business Unit (PVBU), Tata Motors: "With Punch, we have created an entirely new category al...

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Production cuts on semiconductor shortage dent Sept PV sales

Production cuts on semiconductor shortage dent Sept PV sales

New Delhi: Curtailed production due to semiconductor shortages heavily dented India's domestic passenger vehicle sales on both year-on-year and sequential basis in September.Besides, challenges pertaining to high operating and ownership costs due to rising fuel and commodity prices subdued buyers' s...

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Ampere launches new electric 2-wheeler for Rs 68,999

Ampere launches new electric 2-wheeler for Rs 68,999

Chennai: Electric vehicle major Ampere Electric expanded its two-wheeler product range launching a new model Magnus EX priced at Rs 68,999 (ex-showroom Pune).The lithium battery powered scooter price will further go down when one takes into account the state government incentives for buying an elect...

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Festive Acceleration: Mercedes hopes to drive-in healthy growth

Festive Acceleration: Mercedes hopes to drive-in healthy growth

New Delhi: Luxury car maker Mercedes-Benz India expects to cherish the festive season 2021 with an accelerated rise in demand on the back of newer products as well as improving economic situation.Accordingly, the luxury car maker has already witnessed a 'v-shaped sales recovery' in the June-Septembe...

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Tata Motors to raise $1 bn for its passenger EV business

Tata Motors to raise $1 bn for its passenger EV business

Mumbai: Automobile manufacturer Tata Motors on Tuesday entered into a binding agreement with TPG Rise Climate to raise $1 billion for its newly-incorporated subsidiary dealing with the passenger electric vehicle (EV) business.TPG Rise Climate along with its co-investor ADQ shall invest in a subsidia...

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Tata Motors Group's YoY Q2FY22 global wholesales up 24%

Tata Motors Group's YoY Q2FY22 global wholesales up 24%

Mumbai: Tata Motors Group on Monday reported a year-on-year rise of 24 per cent in its global wholesales, including the Jaguar Land Rover, during Q2FY22.The group's wholesales rose to 251,689 units in Q2FY22 on a YoY basis."Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo ra...

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MG Motor India launches mid-size SUV Astor for Rs 9.78L

MG Motor India launches mid-size SUV Astor for Rs 9.78L

New Delhi: Automobile manufacturer MG Motor India on Monday launched its mid-size SUV MG Astor at a special introductory price of Rs 9.78 lakh.As per the company, the mid-size SUV comes with India's first 'personal AI assistant and first-in-segment autonomous (Level 2)' technology."Enriched with fea...

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Ford India workers wait in suspense about their future

Ford India workers wait in suspense about their future

Chennai: The workers of Ford India Private Ltd are waiting in suspense, hoping for good news of their continued employment under a new owner, said a union official."The management has told us that no talks have been held with the Tata Group for sale of the two factories. However, news reports are th...

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Reduction in cost to push e-2W's market penetration

Reduction in cost to push e-2W's market penetration

New Delhi: Reducing cost of electric vehicles (EV) as well as increase in subsidies along with the newer model are expected to increase electric two-wheeler's (e-2W) penetration.In FY21, e-2Ws contributed less than one per cent of overall two-wheelers sales.The sub-segment is expected to contribute ...

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Retrenched workers of Hindustan Motors await Stalin's decision on their future

Retrenched workers of Hindustan Motors await Stalin's decision on their future

Chennai: The retrenched workers of Hindustan Motors/Hindustan Motor Finance Corporation Ltd and their family members are waiting for a decision on their future from the DMK government headed by Chief Minister M.K. Stalin.It has been over a week since they wound up their indefinite sit-in protest at ...

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