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Automobile

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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Harley-Davidson enters race to buy Italian rival Ducati, sources say

Harley-Davidson enters race to buy Italian rival Ducati, sources say

Thu, Jun 22, 2017

U.S. motorcycle maker Harley-Davidson is lining up a takeover bid for Italian rival Ducati, potentially bringing together two of the most famous names in motorcycling in a deal that could be worth up to 1.5 billion euros ($1.67 billion), sources told Reuters.

Here's how GST will impact the advertising industry

Here's how GST will impact the advertising industry

Tue, Jun 20, 2017

In terms of the type of industries, the trading industry will see a large 15% rise in the advertising budgeds due to the implementation of the GST.

Uber to pilot 'UberPASS' in 4 Indian metros

Uber to pilot 'UberPASS' in 4 Indian metros

Mon, Jun 19, 2017

The company said it aims to offer riders "a consistent and comfortable mobility experience" through the feature.

Chevrolet sales slump to a multi-year low following GM's India exit announcement

Chevrolet sales slump to a multi-year low following GM's India exit announcement

Mon, Jun 19, 2017

General Motors' Chevrolet brand saw its worst sales in May in over several years since it entered the Indian market which was sparked by its exit announcement.

Tesla in talks with Indian govt to reduce import duty: Musk

Tesla in talks with Indian govt to reduce import duty: Musk

Thu, Jun 15, 2017

Earlier this year, Musk had stated that he was hoping for Tesla to enter India this summer with its products, which has so far not materialised.

JLR partners with Lyft for self-driving cars; invests $25 million in ride-hailing firm

JLR partners with Lyft for self-driving cars; invests $25 million in ride-hailing firm

Mon, Jun 12, 2017

JLR joins several other automobile companies that are partnering with ride-hailing companies in the development of autonomous driving cars today.

Tata Motors reaches wage deal with Sanand plant union

Tata Motors reaches wage deal with Sanand plant union

Fri, Jun 09, 2017

Tata Motors Ltd reached a long-term wage settlement with workers at Sanand plant in the western state of Gujarat.

After BS-III impact, automobile dealership losses to pile up post GST rollout

After BS-III impact, automobile dealership losses to pile up post GST rollout

Thu, Jun 08, 2017

Barely two months later after BS-III ban had impacted dealerships, now the GST rollout next month too is expected to have a significant impact on their inventory.

Tata Motors appoints Borwankar as COO, CV head Pisharody quits

Tata Motors appoints Borwankar as COO, CV head Pisharody quits

Mon, Jun 05, 2017

Borwankar, currently Executive Director (Quality), has been appointed as COO with immediate effect and his tenure of executive directorship would be extended for a period of two years from July, 2017, the company said in a BSE filing.

Big ticket cars, bikes setting the pace of growth for automobile firms

Big ticket cars, bikes setting the pace of growth for automobile firms

Mon, Jun 05, 2017

Higher ticket cars and bikes increasingly seem to breaking away and steering growth of automobile companies.

Tata Motors' Q4 net profit slumps by 17%

Tata Motors' Q4 net profit slumps by 17%

Tue, May 23, 2017

The company said that the decline in the revenue during the quarter was due to the translation impact from British pound to Indian rupee.

Automobile companies see mixed results in Q4 on BS-III impact

Automobile companies see mixed results in Q4 on BS-III impact

Mon, May 22, 2017

While passenger car companies post positive post growing in profits in Q4, two-wheelers see headwinds that resulted in poor results.

GST Rates: Car and bike prices to go up? Find out

GST Rates: Car and bike prices to go up? Find out

Fri, May 19, 2017

GST rate for the automobiles will be set at 28%, but small cars and luxury cars would incur an additional cess.

Bajaj Auto's Q4FY17 net profit stood at Rs 802 crore; volume growth down 10%

Bajaj Auto's Q4FY17 net profit stood at Rs 802 crore; volume growth down 10%

Thu, May 18, 2017

The company posted standalone net profit of Rs 801.82 crore, recording decline of 15.53% compared to Rs 949.33 crore in the corresponding period of the previous year.

General Motors to stop selling cars in India; exports to continue

General Motors to stop selling cars in India; exports to continue

Thu, May 18, 2017

GM will exit the Indian market, although it will continue production for exports to other countries.

Bajaj Auto Q4 review: Exports, Demonetisation, BS-III vehicles ban to play its role

Bajaj Auto Q4 review: Exports, Demonetisation, BS-III vehicles ban to play its role

Thu, May 18, 2017

U.S. preparing to sue Fiat Chrysler over excess diesel emissions

U.S. preparing to sue Fiat Chrysler over excess diesel emissions

Thu, May 18, 2017

The U.S. Justice Department plans to file a civil lawsuit against Fiat Chrysler Automobiles NV over excess diesel emissions as early as this week if no agreement is reached with the Italian-American automaker, two sources briefed on the matter said on Wednesday.

Tata Motors' JLR April sales fall 2.3%

Tata Motors' JLR April sales fall 2.3%

Fri, May 05, 2017

Andy Goss, Jaguar Land Rover Group Sales Operations Director said, “A small decrease in sales was seen due to two factors. In the UK, customers purchased vehicles before the increase in vehicle tax on 1st April. In addition, the run-out of the previous Discovery model accounted for a year-on-year decrease in Land Rover sales.”

Q4 review: Can Royal Enfield sales boost Eicher Motors profitability?

Q4 review: Can Royal Enfield sales boost Eicher Motors profitability?

Thu, May 04, 2017

On the back of strong Royal Enfield demand, the company has managed to outperform in both bottom-line (net profit) and top-line (revenue) in past three quarters of financial year 2016-17 (FY17).

Bajaj Auto reports flat two-wheeler sales in April

Bajaj Auto reports flat two-wheeler sales in April

Wed, May 03, 2017

In domestic markets, sales declined by 21% to 177,887 units from 226,133 units a year ago same month. However, export market saw 46% rise in sales with 151,913 units versus 103,976 units recorded in April 2016.

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