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Tata Motors on Sunday said its total sales increased by 74 per cent in April to 72,468 units compared to 41,729 in April 2021. The company’s domestic sales increased by 81 per cent to 71,467 units from 39,401 units in April 2021, Tata Motors said in a statement. Total passenger vehicle dispatches to dealers rose […]
Bajaj Auto Ltd on Monday reported a 20 per cent decline in total sales to 3,10,774 units in April. The company had sold 3,88,016 units in the same month last year, Bajaj Auto said in a statement. Total domestic sales in the month stood at 1,02,177 units against 1,34,471 units in April 2021, down 24 […]
Electric two-wheeler maker Hero Electric on Friday said it had zero dispatches to dealers in April, hit by the ongoing global semiconductor shortage that led to stoppage of production. The company experienced extreme chip shortage and supply chain constraints, Hero Electric said in a statement. The automotive industry is still struggling with international chip shortage […]
Toyota Kirloskar Motor (TKM) on Friday said it will hike prices of its compact SUV Urban Cruiser and premium hatchback Glanza from May 1, 2022 to offset the increase in input costs. At present, the Urban Cruiser is priced between Rs 8.88-11.58 lakh while the Glanza is tagged at Rs 6.39-9.96 lakh (ex-showroom Delhi), depending […]
German luxury carmaker BMW will launch its all-electric sedan, i4, in India next month, continuing its electric vehicle offensive in the country, a senior company official said on Thursday. The company, which had in November last year announced plans to launch three electric vehicles in six months in India to accelerate its electric mobility journey […]
Hyundai Motor India on Wednesday said it has opened eight new dealerships in one go in Hyderabad, Telangana. The company launched sales outlets at various locations such as Jubilee Hills, Banjara Hills and Attapur in the city. “Hyderabad is a key market for Hyundai, and we are delighted to inaugurate eight new dealerships that will […]
German luxury car maker Mercedes-Benz has commenced the production of 5th generation C-Class luxury sedan, at its Chakan manufacturing facility in Pune, ahead of its launch in the country next month. The C-Class model was first launched in India in 2001 and at present more than 37,000 such cars are on the roads, Mercedes-Benz India […]
Shares of Bajaj Auto dipped over 2 per cent in early trade on Thursday after the company reported a 2 per cent decline in consolidated net profit for the fourth quarter ended March 2022. The shares of Bajaj Auto declined 2.58 per cent to Rs 3,804.80 on the BSE. At the NSE, the stock dipped […]
Realty firm Omaxe on Tuesday said it has raised Rs 440 crore from Värde Partners to expedite construction of its existing projects as well as expand business. Omaxe Group is developing integrated townships in New Chandigarh, Lucknow, Ludhiana, Indore and Faridabad. It is also developing a multilevel parking cum commercial project in PPP model with […]
Amid incidents of electric two-wheelers catching fire, Union Minister Nitin Gadkari on Tuesday urged companies to take advance action to recall all defective vehicles, even as he said there is some problem with EV batteries when the temperature rises in the months of March, April and May. The Road Transport and Highways Minister also acknowledged […]