Globally, China was the largest market for electric two-wheelers in 2020, followed by Vietnam and India
This is the first time Siam is putting off the show since it started in 1986
Cumulative sales at four companies including Hero MotoCorp, Bajaj Auto TVS Motor and Royal Enfield during the month dropped by 2.4%
NBFCs and banks reported a rise in loan defaults when the pandemic's second wave hit the hinterland
Total two-wheeler sales growth came at 8 per cent with 262,728 units sold in July 2021 as against sale of 243,788 units in July 2020
Analysts tracking the sector said that they expect auto sales to be strong in the second half of the financial year
This is a vehicle that is top of the charts on the electric category of SUVs, for now
While growth momentum has been strong, what has helped the company perform better than peers in the June quarter is its reliance on overseas markets
Larger firms garnering market share amidst good growth in industry
Tyre maker CEAT on Wednesday said it will supply its high performance CZAR HP range of tyres for Mahindra & Mahindra's new seven-seater Bolero Neo sports utility vehicle. The announcement came a day after M&M launched the new SUV built on third generation chassis shared with Scorpio and Thar, with the Mahindra mHawk engine. CEAT Ltd has collaborated with Mahindra, for its newly launched Mahindra Bolero Neo. CEAT will be supplying the CZAR HP range of tyres for the new vehicle, the company said in a release. In the past also, CEAT has also partnered with Mahindra for tyre supplies for its various other vehicle models. Designed to provide better steering control and higher fuel efficiency, the tyre has been optimized to perfectly complement the exceptional performance of Bolero Neo, CEAT Ltd said. "We take pride in our association with Mahindra, which has grown over the years. We have come a long way since 2015, and the Mahindra Bolero Neo is a testimony of our unwavering ...
According to SIAM data, overall vehicle production in May declined by 57 per cent to 8,06,755 units
MG Motor India expects the growth to be much better than the industry's despite supply chain challenges and increase in input costs
Frew, 63, has been chair of specialty chemicals-maker Croda International since 2015
The JV has got a grant from UK govt, which awarded BSA a £4.6-million grant to develop electric bikes
Automaker Kia India on Tuesday reported a 31 per cent decline in dispatches to dealers at 11,050 units in May compared to 16,111 units in April this year
Honda Cars India on Tuesday reported a 78 per cent decline in its domestic sales to 2,032 units last month as compared to 9,072 units in April this year. The company said it exported 385 units in May. "Multiple state-wide lockdowns throughout the country to control the spike in COVID-19 infections in May 2021 impacted retail business. During last month, we also undertook extended maintenance-related shutdown of our factory leading to limited production but effectively breaking the chain amidst the high number of cases in north India," Honda Cars India Senior Vice President and Director (Marketing & Sales) Rajesh Goel said in a statement. With the increase in the pace of vaccination and the declining cases, the company expects markets will open gradually allowing business continuity, he added. Goel noted that the company's field teams were in constant touch with waiting for customers to facilitate their car purchases through digital mediums. "We will closely monitor the on-ground .
TVS Motor Company on Tuesday reported sales of 1,66,889 units in May, down 30 per cent from 2,38,983 units sold in April this year
Hyundai Motor reported total sales of 30,703 units in May, a decline of 48% from 59,203 units it had sold in April this year as coronavirus-induced restrictions across states hit dispatches to dealers
Commercial vehicles major Ashok Leyland Ltd closed last month with sales of 3,199 units up from 1,420 units sold in May 2020.
Renault India's seven-seater model Triber has received a four-star safety rating for adult occupants, vehicle safety group Global NCAP said on Tuesday