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South Korean automaker major Kia is planning to foray into the electric vehicle segment in India with the launch of its high-end premium electric crossover EV6 later this year. The company, which currently sells models like Seltos and Sonet in the country, will open the bookings for the electric model on May 26. Only 100 […]
Japanese auto major Nissan on Wednesday said it is discontinuing Datsun brand in India, nine years after the company kicked off the marque’s global relaunch in the country. Having failed in its ambitious global relaunch of Datsun, Nissan had in 2020 discontinued the brand in Russia and Indonesia, the other two countries along with South […]
Skoda Auto India on Wednesday said it has expanded its pre-owned car business to over 100 dealerships across the country. Till date more than 2,500 used cars have been delivered through the company’s Certified Pre-Owned network. “Cars, more than any other machine, are likely to have you form an emotional connect. Especially a Skoda. With […]
Skoda Auto Volkswagen India on Tuesday said it has commenced the third shift at its manufacturing plant in Pune to cater to the enhanced demand for its model range in the country. Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL) manages the Indian operations of five Volkswagen Group brands – Skoda, Volkswagen, Audi, Porsche and Lamborghini. […]
Demand for two-wheelers continues to be weak while that for passenger and commercial vehicles remains robust as compared with last year, a survey on automobile dealerships by ratings agency Icra has revealed. Automobile dealership industry has been witnessing several headwinds in the recent past, including subdued demand for two-wheelers (2W), supply constraints impacting growth of […]
Startup electric vehicles (EV) maker Etrio Automobiles Pvt Ltd on Tuesday said an automotive industry veteran, Prabhakar Kadapa, has joined its board of directors. Kadapa served most recently as the CEO & Managing Director (MD) at PSA AVTEC Powertrain Pvt Ltd, a joint venture between PSA Groupe, France and CK Birla Group, besides being the […]
Passenger vehicle exports from India increased 43 per cent in FY22, with Maruti Suzuki India leading the segment with dispatches of over 2.3 lakh units, as per the latest data by industry body SIAM. The total passenger vehicle (PV) exports stood at 5,77,875 units in 2021-22 fiscal, as compared to 4,04,397 units in 2020-21. Passenger […]
The country’s largest carmaker Maruti Suzuki India (MSI) on Monday said it has increased prices of its entire model range with immediate effect in order to partially offset the impact of rise in input costs. The company, which sells a range of vehicles from Alto to S-Cross, said the weighted average increase across models is […]
Hinduja Group flagship Ashok Leyland on Monday said it has joined hands with Mahindra First Choice Wheels to enter the used commercial vehicles business. The company has inked a MoU with Mahindra First Choice Wheels Ltd (MFCWL) in this regard. The phygital platform, as part of the partnership, will facilitate an exchange and proper disposal […]
Passenger vehicle wholesales in India declined nearly 4 per cent to 2,79,501 units last month, auto industry body SIAM said on Wednesday. Passenger vehicle (PV) dispatches from factories to dealerships in March 2021 stood at 2,90,939 units. As per the latest data by the Society of Indian Automobile Manufacturers (SIAM), two-wheeler sales also fell 21 […]