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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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Mahindra & Mahindra's February sales decline 3%

Mahindra & Mahindra's February sales decline 3%

Wed, Mar 01, 2017

Pravin Shah, President & Chief Executive (Automotive), M&M Ltd. said, “The auto industry is seeing some positive trends emerging over the last two months. With rural sentiments improving, we believe that there will be a turnaround in demand over the next few months for the small commercial vehicles space."

Royal Enfield sales increase by 19% to 58,439 units in February

Royal Enfield sales increase by 19% to 58,439 units in February

Wed, Mar 01, 2017

Year-to-date (from April 2016 - February 2017), Eicher Motors have sold a total of 6,06,377 Royal Enfields, recording a whopping rise of 33% against 4,56,834 vehicles in the corresponding period of previous year.

Maruti Suzuki records 11% rise in February sales

Maruti Suzuki records 11% rise in February sales

Wed, Mar 01, 2017

Utility vehicles once again bagged the spot light for Maruti by recording a whopping growth of 110.5% with sales of 17,863 vehicles in February 2017 compared to 8,484 vehicles in February 2016.

Volkswagen has spent $2.9 billion on US buybacks

Volkswagen has spent $2.9 billion on US buybacks

Wed, Mar 01, 2017

The report by an independent claims supervisor said the German automaker is buying back and terminating leases on about 15,000 vehicles a week. VW has made offers to buyback vehicles or cancel leases to 323,179 U.S. consumers totalling $5.86 billion, it said.

More fresh products, localisation Volkswagen's top priority in India

More fresh products, localisation Volkswagen's top priority in India

Sun, Feb 26, 2017

"We have been here (in India) for ten years now as a brand but we are still in the learning phase. Some of the assumptions that we took in the early days when we came then with Vento and Polo, they have proved to be not 100 per cent right," Volkswagen Group Sales India, Director VW Passenger Cars, Michael Mayer told PTI.

Porsche, Audi lift Volkswagen to record underlying profit

Porsche, Audi lift Volkswagen to record underlying profit

Sat, Feb 25, 2017

Sales of the German carmaker`s luxury brands lifted underlying operating profit before special items 14 percent to 14.6 billion euros ($15.5 billion) in 2016, after the company reported its biggest ever loss in 2015.

Volkswagen puts 10 million euro cap on executive pay after dieselgate

Volkswagen puts 10 million euro cap on executive pay after dieselgate

Sat, Feb 25, 2017

German car giant Volkswagen said it was capping the chief executive's pay package at 10 million euros as it moved to rein in top brass salaries in the wake of the "dieselgate" scandal that has cost the company billions.

Ambiguity over BS-IV norms implementation may hurt pre-sales of automobile firms

Ambiguity over BS-IV norms implementation may hurt pre-sales of automobile firms

Wed, Feb 22, 2017

Despite the government giving a year for automobile companies to follow the BS-IV emission norms, many continue to ask for an extension in the deadline.

Volkswagen says, it has fixed 470,000 cars in Britain affected by diesel scandal

Volkswagen says, it has fixed 470,000 cars in Britain affected by diesel scandal

Tue, Feb 21, 2017

Paul Willis faced difficult questions from lawmakers, some of whose constituents are angry that the firm has not been fined in Britain and that motorists have not received compensation, unlike VW owners in the United States.

Maruti Suzuki has sold over 1 lakh 'smart hybrid' cars

Maruti Suzuki has sold over 1 lakh 'smart hybrid' cars

Mon, Feb 20, 2017

Maruti Suzuki on Monday said that its 'smart hybrid' cars, Ciaz SHVS and Ertiga SHVS have crossed cumulative sales of 1 lakh units.

Ford sees big Russia gamble vindicated as sales finally turn corner

Ford sees big Russia gamble vindicated as sales finally turn corner

Mon, Feb 20, 2017

The Russian market is "starting to turn", Ford CEO Mark Fields told Reuters last week, promising to stand by the company`s investments in Russia. "Our intent is to build on that."

Mahindra plans to launch petrol XUV500 in Q1 FY18

Mahindra plans to launch petrol XUV500 in Q1 FY18

Sun, Feb 19, 2017

Besides, it plans to launch another SUV codenamed 'S201' that is being developed on the platform of Tivoli from the stable of its South Korean arm Ssangyong in the second half of 2018-19.

General Motors plans to build, test thousands of self-driving Bolts in 2018: sources

General Motors plans to build, test thousands of self-driving Bolts in 2018: sources

Sat, Feb 18, 2017

It is expected to be the largest such test of fully autonomous vehicles by any major automaker before 2020, when several companies have said they plan to begin building and deploying such vehicles in higher volumes. Alphabet Inc`s Waymo subsidiary, in comparison, is currently testing about 60 self-driving prototypes in four states.

Mahindra & Mahindra introduces DiGiSense for its tractor brand Arjun Nuvo

Wed, Feb 15, 2017

Ravindra Shahane, Vice President – Marketing, Farm Division of M&M said, “Today the need to stay connected is a basic necessity for farmers who need to monitor their tractors and improve productivity. I am confident that this will further revolutionize the way our farmers will interact with their Mahindra tractors, leading to higher productivity and prosperity.”

General Motors in talks to sell European auto business to Peugeot

General Motors in talks to sell European auto business to Peugeot

Wed, Feb 15, 2017

In a move that could shake up the global auto industry, General Motors Co and French automaker PSA Group said on Tuesday they are in talks that could result in PSA buying GM`s European auto operations.

Honda Cars India launches new Honda City 2017

Honda Cars India launches new Honda City 2017

Wed, Feb 15, 2017

The petrol powered variant in manual transmission is priced between Rs 8.49 lakh and Rs 11.64 lakh, while the CVT (continuously variable transmission) petrol version costs from Rs 11.53 lakh to Rs 13.52 lakh.

Q3FY17: Tata Motors' net profit declines by 96% at Rs 112 crore

Q3FY17: Tata Motors' net profit declines by 96% at Rs 112 crore

Tue, Feb 14, 2017

Jaguary Land Rover business including its China unit recorded total retail sales of 149,288 units which was up by 8.5%. Tata Motors said, “This was led by strong demand for products, primarily reflecting higher volumes in China (incl. CJLR), North America and Europe led by strong sales of Discovery Sport, F-PACE and the new long wheel base XFL in China. “

Motherson Sumi's Q3 net profit rises by 34% at Rs 416 crore

Motherson Sumi's Q3 net profit rises by 34% at Rs 416 crore

Mon, Feb 13, 2017

Vivek Chaand Sehgal, MSSL’s Chairman said,“The company has shown exemplary growth in all areas and has achieved highest ever revenues and margins in a quarter. This is the reflection of hard work put in by all our teams from around the world."

Auto CEOs want Trump to order review of 2025 fuel rules

Auto CEOs want Trump to order review of 2025 fuel rules

Mon, Feb 13, 2017

The chief executives of 18 major automakers and their U.S. units urged President Donald Trump to revisit a decision by the Obama administration to lock in vehicle fuel efficiency rules through 2025.

Ambassador brand sold to Peugeot S.A for Rs 80 crore

Sat, Feb 11, 2017

On February 10, 2017, Hindustan Motors executed an agreement with Peugeot S.S for the sale of Ambassador brand including the trademarks and certain related rights.

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