According to documents reported by Reuters, Indian carmakers have expressed their support for the elimination of import taxes on a select number of vehicles as part of a potential trade deal with Britain. The Society of Indian Automobile Manufacturers (SIAM) has stated that a zero-duty arrangement would be acceptable “if the need arises” during the … Read more
Ford has announced a recall of 422,000 SUVs in the United States due to a potential failure in the video output, which could result in the rearview camera image not being displayed. This recall expands and replaces previous callbacks by Ford in 2021 and 2023, addressing the same issue. The affected vehicles include the Ford … Read more
MG Motor India announced on Wednesday that it intends to provide majority ownership to local partners over the next 2-4 years as part of a five-year business plan for the nation. MG Motor is a British automaker that is now owned by China’s largest automaker, SAIC Motor Corp. The automaker, which has set aside Rs … Read more
Tata Motors on Wednesday announced the repositioning of Nexon EV portfolio with changes in pricing and enhanced range. The revision in price comes after the launch of Mahindra’s XUV 400 electric SUV. Nexon EV Prime XM has now been repositioned at Rs 14.49 lakh, the company stated in a press release. Meanwhile, Mahindra’s newly launched … Read more
New Delhi: Maruti Suzuki India on Wednesday said it is recalling 17,362 units of models like Alto K10, Brezza and Baleno to inspect and replace faulty airbag controller. The affected models are Alto K10, S-Presso, Eeco, Brezza, Baleno and Grand Vitara, manufactured between December 8, 2022 and January 12, 2023, the country’s largest carmaker said … Read more
Mahindra & Mahindra Limited on Monday said it aims to deliver 20,000 units of its electric SUV XUV400, which has been launched at an introductory price starting at Rs. 15.99 lakh, in the first year of hitting the market. M&M, which had unveiled the XUV400 in September last year, said the vehicle would be launched … Read more
Greater Noida: Mumbai-based ace investor Vijay Kedia is now betting that Atul Auto NSE -0.88 %’s EV would turn out to be India’s Tesla in the three-wheeler category. “A new multi-year bull cycle has started in the auto industry. The slowdown that we saw earlier has now more or less ended. In the case of … Read more
Tata group is considering setting up plants in India and Europe to produce battery cells for electric vehicles (EV), the chief financial officer of its auto unit told Reuters in an interview. With total sales of 50,000 electric cars to date, India’s Tata Motors dominates the country’s EV market and has outlined plans to launch … Read more
Multinational automobile manufacturer Kia made a number of announcements at the Auto Expo – The Motor Show 2023. Taking to the stage, Tae Jin Park, Managing Director and CEO of Kia India opened up about the vision of the automobile company on expanding their business in the country. “To make Kia ownership even more convenient, … Read more
MG Motor India, owned by China’s SAIC Motor, expects electric vehicles (EV) to account for at least a quarter of its sales in India in 2023, the automaker said during the country’s biennial auto show on Wednesday. “At the end of this year, 25 to 30 percent of our sales will be all-electric,” Managing Director … Read more
Renault is considering building a mass-market electric vehicle in India, two people with knowledge of the ongoing review told Reuters, as part of a renewed push into a market where EV adoption is expected to grow quickly from a small base. The study by Renault underscores how the French automaker is pushing ahead with electrification … Read more
Tesla cut electric car prices in China for the second time in less than three months on Friday, stoking expectations for a wider price war for battery-powered vehicles in the world’s largest auto market where demand has weakened. Tesla also cut prices on its best-selling Model Y and Model 3 electric vehicles in Japan, South … Read more
The demand for SUVs has increased dramatically in the Indian car market. Hyundai Creta, Kia Seltos, and Mahindra Thar, for example, have attracted a lot of buyers. Maruti Suzuki, the largest carmaker in the nation, now appears to be attempting to capitalise on the current SUV craze. Last year, the business unveiled its small SUV, … Read more
Hve a look at mid-size SUV space is enough to say that it is Mahindra that is leading sales charts. With XUV700 and Scorpio N, Mahindra has a massive pull in this segment. They are so popular that there is a massive waiting list for their products. It was Harrier and Safari that once ruled … Read more
Japanese car maker Honda on Friday said it is planning to increase prices of its entire model range by up to ₹ 30,000 from January to partially offset the impact of rising input costs and prepare products in compliance with upcoming stricter emission norms. The company, which is present in the country through a wholly-owned … Read more