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 […]
Auto
Toyota Kirloskar To Hike Prices Of Urban Cruiser, Glanza
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 […]
BMW To Launch All-Electric Sedan i4 In India Next Month
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 Opens 8 Dealerships In Hyderabad In One Go
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 […]
Mercedes-Benz Begins Production Of 5th Generation C-Class Sedan In India
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 […]
Bajaj Auto Shares Decline Over 2 PC After Q4 Earnings
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 […]
EV Fire: Gadkari Urges Cos To Take Advance Action; Says High Seasonal Temp A Problem For Batteries
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 […]
No Problem In Tesla Producing EVs In India But Must Not Import Vehicles From China: Gadkari
Union minister Nitin Gadkari on Tuesday said if the US-based Tesla is ready to manufacture its electric vehicles in India then there is ‘no problem’ but the company must not import cars from China. In an interactive session at the Raisina Dialogue, Gadkari further said India is a large market and there is a huge […]
Hyundai To Drive In Electric Model IONIQ 5 In India This Year
Hyundai Motor India on Tuesday said it will introduce its globally acclaimed electric vehicle IONIQ 5 in India this year. The model, to be launched in the second half of the year during the festive season, will mark the beginning of the company’s battery electric vehicle expansion plans in the country. “As a customer centric […]
Tata Motors To Supply 5K XPRES T Electric Sedans To Lithium Urban
Tata Motors on Monday said it has inked a partnership with Lithium Urban Technologies, an EV-based urban transportation service provider. As part of the deal, Lithium Urban will deploy 5,000 XPRES T Electric sedans across the country, for employee transportation. Tata Motors will commence deliveries in phases and will complete the deployment by next year, […]