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Zeegnition: How special was the year 2023 for the Auto Sectors?

Zeegnition: How special was the year 2023 for the Auto Sectors?

Tue, Dec 26, 2023

Zeegnition | What was special in 2023 for the auto sector, what were the big events and much more... See this special glimpse of 2023.

Automakers halt production in India due to coronavirus

Automakers halt production in India due to coronavirus

Mon, Mar 23, 2020

India`s biggest automaker Maruti Suzuki India and peers including Mahindra & Mahindra, Mercedes-Benz, Fiat Chrysler Automobiles (FCA) as well as Hyundai Motor Co said they will halt car production in the country due to the coronavirus outbreak

Coronavirus effect: Volkswagen brand to suspend production in Eur...

Wed, Mar 18, 2020

Coronavirus effect: Automobile major Volkswagen Passenger Cars brand will gradually suspend production at its European plants from Thursday for two weeks.

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Tata Motors edges out Nissan, M&M to supply 10,000 electric cars

Tata Motors edges out Nissan, M&M to supply 10,000 electric cars

Fri, Sep 29, 2017

Tata Motor was selected for supplying the 10,000 electric cars through an international competitive bidding aimed at increased participation. Nissan and M&M too participated for the tender.

Toyota, Mazda, Denso to form electric vehicle venture: sources

Toyota, Mazda, Denso to form electric vehicle venture: sources

Thu, Sep 28, 2017

Toyota, Japan`s biggest automaker, agreed to take a 5 percent stake in smaller rival Mazda in August and the two have flagged plans to jointly develop electric vehicle technologies.

Despite high fuel costs, car sales in India top emerging markets charts

Despite high fuel costs, car sales in India top emerging markets charts

Wed, Sep 20, 2017

Going ahead Moody's expects India’s automobile sales in 2017 to touch the 3.6 million units mark.

Hyundai launches new Genesis sports sedan in SUV-driven market

Hyundai launches new Genesis sports sedan in SUV-driven market

Fri, Sep 15, 2017

U.S. pop singer Gwen Stefani will perform for about 10,000 people at a gala event to launch of the G70, the third sedan to carry the Genesis name but the first to be marketed exclusively under Hyundai Motor`s fledgling premium brand.

This investor's 'meagre' investment in MRF in 1990 is now worth Rs 130 crore!

This investor's 'meagre' investment in MRF in 1990 is now worth Rs 130 crore!

Mon, Sep 11, 2017

MRF shares have risen by over 14000% becoming the most expensive stock on Indian market indexes. MRF share price has touched over Rs 74,000-mark and is expected to reach even above Rs 80,000-level.

Bidding for Ducati takes Eicher Motors' shares to an all-time high

Bidding for Ducati takes Eicher Motors' shares to an all-time high

Fri, Sep 08, 2017

Media reports have stated that Eicher Motors is set to offer $1.8 billion-$2 billion for Italian motorcycle manufacturer Ducati. This has taken the stock price of the company at an all-time high.

How demonetisation, GST, RERA have derailed advertising spends in India

How demonetisation, GST, RERA have derailed advertising spends in India

Fri, Sep 01, 2017

The advertising industry has been hit due to reforms ranging from the demonetisation to GST and even RERA, which have resulted in advertisers such as FMCG, Automobile companies cutting their ad spends.

U.S. labour board files complaint against Tesla over worker rights

U.S. labour board files complaint against Tesla over worker rights

Fri, Sep 01, 2017

According to the National Labor Relations Board complaint, Tesla violated workers` rights by requiring them to sign a confidentiality agreement that could bar them from talking about their working conditions and safety issues at the company`s facility in Fremont, California.

Tesla's sales head to get $700,000 payout on meeting targets

Tesla's sales head to get $700,000 payout on meeting targets

Thu, Aug 24, 2017

Elon Musk-run Tesla has been counting on its least pricey electric sedan, Model 3, to become a profitable and high-volume manufacturer of electric cars.

Hyundai Motor to launch electric vehicle with 500 km range after 2021

Hyundai Motor to launch electric vehicle with 500 km range after 2021

Thu, Aug 17, 2017

Battery-powered cars offered by the likes of Tesla are gaining traction faster than fuel cell vehicles backed by Hyundai Motor and Toyota Motor Corp.

Tesla announces $1.5 bn bonds issue to fund Model 3

Tesla announces $1.5 bn bonds issue to fund Model 3

Tue, Aug 08, 2017

Shares of Tesla have risen 67% this year and ticked down 0.49% to close at $355.17 on Monday after the announcement, Xinhua reported.

Vitara Brezza helps Maruti Suzuki sell 20% more cars in July 2017

Vitara Brezza helps Maruti Suzuki sell 20% more cars in July 2017

Tue, Aug 01, 2017

Compact cars like Swift, Ritz, Celerio, Ignis Baleno and Dzire sales were up 25.3%, at 63,116 units.

After GM, now Ford says is reviewing its business in India

After GM, now Ford says is reviewing its business in India

Mon, Jul 31, 2017

Ford Motor Co Chief Executive Jim Hackett is reviewing the automaker`s operations in India and other markets, as well as Ford`s future product programs including plans to build a self-driving commercial vehicle in 2021, according to company officials and other sources familiar with that review.

British luxury car exports to India on rise

British luxury car exports to India on rise

Sun, Jul 30, 2017

Indian demand for UK's premium cars rose 8.3% in the first half of 2017. Over the same period, the number of Indian-built models registered by British buyers rose by almost half (48.6%) to 21,135 units.

Post-GST, travel time of trucks has reduced by a fifth: Govt

Post-GST, travel time of trucks has reduced by a fifth: Govt

Sun, Jul 30, 2017

The unified tax regime has obviated the need for inter- state check posts. This will result in reducing travel time of long-haul trucks and other cargo vehicles by at least one- fifth, the report said.

Turning around Tata Motors domestic biz need of the hour: Chandrasekaran

Turning around Tata Motors domestic biz need of the hour: Chandrasekaran

Sun, Jul 30, 2017

Addressing shareholders in the company's Annual Report 2016-17, he said Tata Motors' standalone net revenues increased by 3.7%to Rs 44,777 crore for the 12 months ended March 31, 2017 but standalone loss before tax for the year fell to Rs 2,421 crore, compared with Rs 67 crore in the prior year.

Court to pass order on plea against Ola, Uber on July 31

Court to pass order on plea against Ola, Uber on July 31

Sat, Jul 29, 2017

The matter would come up on July 31 as Metropolitan Magistrate Abhilash Malhotra, who was scheduled to pass the order today, was on leave.

GPS devices in taxis, auto-rickshaws soon

GPS devices in taxis, auto-rickshaws soon

Sat, Jul 29, 2017

Minister of State for Home Ranjeet Patil said in Legislative Assembly that GPS devices would be installed in these vehicles for passengers' safety, on the lines of app-based cab service providers such as Ola and Uber.

Tesla's Musk hands over first Model 3 electric cars to early buyers

Tesla's Musk hands over first Model 3 electric cars to early buyers

Sat, Jul 29, 2017

Outside Tesla`s Fremont, California factory, Musk showed off the $35,000 base vehicle with a range of 220 miles (350 km) on a charge that marks a departure from the company`s earlier luxury electric cars.

Hero Motocorp's Q1 net profit at Rs 914 crore; two-wheeler sales up 6%

Hero Motocorp's Q1 net profit at Rs 914 crore; two-wheeler sales up 6%

Tue, Jul 25, 2017

Hero Motocorp posted net profit of Rs 914.04 crore, a rise of 3.50% compared to Rs 883.09 crore in the corresponding period of the previous year.

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