Automaker Nissan Motor India on Friday announced shipping of over one million vehicles, reaching a significant milestone in the export segment, from the Renault-Nissan manufacturing facility here. The company’s latest product offering, a red color sports utility vehicle Nissan Magnite — the one millionth vehicle — was flagged off from the Kamarajar Port here in […]
Auto
All-New Scorpio-N Bookings Details Announced
Bookings commence on 30th July 2022, 11 am onwards, online and at Mahindra Dealerships Customers can book their desired variant of Scorpio-N with a booking amount of ₹21,000 Bookings will be accepted on ‘first come first serve’ This, along with the variant chosen, will determine the delivery date of the vehicle Finance Scheme FinN* with […]
Honda To Discontinue Jazz, WR-V And 4th Generation City In India
Japanese carmaker Honda plans to discontinue its three models — Jazz, WR-V and fourth generation City — in India by March next year, according to industry sources. The company, which is present in the country through a wholly-owned subsidiary Honda Cars India, will be left with only three models in its line up — City […]
Passenger Vehicle Sales Expected To Be Robust In July: Report
Passenger vehicle sales are expected to be robust in July, driven by a large order book and production ramp-up, while commercial vehicle volumes may remain in an uptrend, a report said on Thursday. However, tractor volumes are likely to decline due to a high base and uneven spread of the monsoon, according to brokerage firm […]
Tata Motors Loss Widens To Rs 4,951 Crore In April-June
Home-grown auto major Tata Motors on Wednesday reported a consolidated net loss of Rs 4,951 crore in the quarter ended June 2022. The company had posted a consolidated net loss of Rs 4,450 crore in the same quarter last fiscal, Tata Motors said in a regulatory filing. Consolidated revenue from operations during the period under […]
Maruti Suzuki Reports Over Two-Fold Rise In Net Profit To Rs 1,036 cr In Q1
Maruti Suzuki India (MSI) on Wednesday reported over two-fold jump in its consolidated net profit to Rs 1,036 crore for the first quarter ended June 30, mainly due to a low base in the year-ago period. The auto major had posted a net profit of Rs 475 crore in the COVID-hit April-June quarter of the […]
Ashok Leyland Launches New AVTR 4220 And AVTR 4420 – 4×2 Tractors
Ashok Leyland, the flagship Company of the Hinduja Group and India’s leading commercial vehicle manufacturer, today, announced the launch of AVTR 4220 with 41.5T GCW and AVTR 4420 with 43.5T GCW in 4×2 Tractor segment. With this launch, Ashok Leyland becomes the first Indian OEM (Original Equipment Manufacturer) to offer tractors with 41.5T and 43.5T […]
More Women Enter Auto Manufacturing As Tata Motors, Hero, MG Accelerate Gender Diversity Drive
Women are storming the male bastion in automotive manufacturing harder as firms like Tata Motors, MG Motor, Hero MotoCorp and Bajaj Auto accelerate the drive for gender diversity at shop floors. Tata Motors, which currently has over 3,000 women operating on its shop floors across its six plants in India in different roles for production […]
Auto Dealers’ Body Expects Array Of Vehicle Launches Ahead Of Festival Season
Auto dealers’ body FADA said it expects automakers to launch higher number of models this festive season compared to the last two years when Covid-19 pandemic overshadowed the festive cheer. Federation of Automobile Dealers’ Association (FADA) president Vinkesh Gulati had termed 2021 festive season as the “worst” in a decade in terms of business of […]
Carmakers Grapple With Backlog Of 6.5 Lakh Units As Chip Shortage Hits Production
Leading carmakers are grappling with a huge backlog of around 6.5 lakh units, with chip shortage continuing to crimp their manufacturing activities and leading to long waiting period for customers. The country’s largest carmaker Maruti Suzuki India alone has a backlog of around 3.4 lakh units while Hyundai and Mahindra & Mahindra have a combined […]