Hero MotoCorp Ltd., the world’s largest two-wheeler manufacturer, said it will start shipping its first premium motorcycle, the Xtreme 200R, from its factories next week. This marks the end to a long period of waiting for the fans of the machine that…
Jaguar Land Rover today reported total retail sales of 36,144 vehicles in July 2018, down 21.6% year on year, primarily, it said, reflecting “transitional issues” in certain markets. Retails for July were down in China (46.9%), reflecting continued market volatility in the…
The Finance Ministry today said there would be no cut in the GST levied on bigger hybrid vehicles sold in India. At present, medium and large sized hybrid cars are taxed at a rate of 43%, including a ‘compensation cess’ of 15%…
Mahindra & Mahindra’s passenger vehicle sales continued to be impacted by the success of Vitara Brezza and other SUV models from its biggest rival Maruti Suzuki. For the July quarter, total utility vehicle sales at Mahindra & Mahindra fell by 7% compared…
Lumax, India’s biggest maker of automotive lamps, reported a 32% increase in its Apr-Jun quarter, boosted by a sharp increase in revenue. Revenue jumped to Rs 496 cr, up 46% compared to the same quarter a year ago, while net profit rose…
Maruti Suzuki, India’s largest carmaker, said it will recall 1,279 units of new Swift and new Dzire cars to check for a defect in the airbag system. These vehicles were manufactured between 7th May 2018 and 5th July 2018, the company added. The…
The price of petrol charged to the dealers, before taxes and deal commission, is Rs 36.68 per liter in India as of July 16, while that of diesel was Rs 39.77, ministry of petroleum and natural gases has revealed. However, on that…
Maruti Suzuki said it has completed production of 20 million (2 cr) vehicles in India, 34 years after it started production. The feat has been achieved in a little over seven years after the company hit the 10 mln (1 cr) milestone….
Infosys Foundation, the philanthropic arm of Infosys, said it has signed an agreement to construct and maintain a metro station next to its main campus in Electronics City, Bangalore. The station, to be constructed at Konappana Agrahara, will be covered under the second…
Vehicle sales in India are on a strong growth curve in the new financial year, according to numbers released by the Society of Indian Automobile Manufacturers or SIAM — the apex body of automakers in India. A total of 53.79 lakh vehicles…
Maruti Suzuki said it has sold 3 lakh units of Vitara Brezza, the most popular SUV to have hit the Indian market ever. Given that the model was launched in March 2016, this works out to average sales of 10,700 units per…
Mahindra & Mahindra, one of the country’s top tractor makers, said it saw a sharp jump of 24% in the number of tractors sold in June this year. Total tractors sold by the company in June in India jumped to 39,277 from…
JSW Steel said it will increase the manufacturing capacity of its Vijayanagar Works plant to 13 millions tons per year from 12 MTPA by March 2020 at a cost of Rs 7,500 crore. The plant is claimed as the largest state-of-the-art single…
Automobile wheel maker Steel Strips Wheels Ltd said it has got an order worth about Rs 2.9 cr to supply 9,500 truck wheels to the US. It said the order is from from a US-Truck & Trailer Aftermarket player. The products will…
Mahindra & Mahindra reported flat utility vehicle sales in May despite unveiling the new XUV500, indicating that the success of competitors like Maruti Suzuki’s Brezza may be eating into M&M’s market share. Total UV sales remained flat in May at 19,295 units…
Maruti Suzuki reported one of its strongest auto sales performances in recent months for May, with total passenger vehicle sales up 24% at 1.615 lakh. Total vehicle sales in May were up 26% at 1.725 lakh, compared to a rise of 14%…
Bajaj Auto posted a strong increase in auto sales for May, following on from a similar performance in April. Total auto sales for May were up 30% at 4.07 lakh unit versus 3.14 lakh last year, while motorcycle sales were up 24%…
India’s largest carmaker Maruti Suzuki unveiled a new look for Vitara Brezza, one of the most successful cars in its history. The company also announced that it is selling around 12,300 units per month, making it the most popular SUV in India….
Tata Motors reported monthly sales of 53,511 vehicles in April, up compared to 28,844 vehicles in the same month last year, but down from 69,440 in the previous month of March. Last year, April had seen confusion with regard to the Supreme…
Mahindra & Mahindra launched two high-power tractors under its Novo brand. The 65 horsepower variant with two-wheel drive has a starting price of Rs 9.99, while the 75 HP variant with four-wheel drive costs Rs.12.5 lakh. Currently most of the tractors available…
