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Lexus India introduces its flagship SUV LX 570 at Rs.2.33 crore
Monday, May 21, 2018, 3:48 PM
Toyota group luxury automobile maker Lexus today launched its flagship SUV LX 570 in India priced at Rs 2.33 crore (ex-showroom). The new LX 570 is powered by a 5.7-litre V8 petrol engine, Lexus India said in a statement. The 2018 LX 570 also introduces third-row seating which can transform easily to additional cargo space if needed, the company added.
Honda looking to corner larger share of Indian automobile market
Thursday, May 17, 2018, 8:43 PM
Honda Cars India Ltd, the local subsidiary of the Japanese automaker, is looking to corner a larger share of the Indian automobile market with the introduction of three model refreshes during the current fiscal, the first being the second generation variant of the compact sedan Amaze, commercially launched this week.
Honda to launch 6 models in 3 years
Wednesday, May 16, 2018, 3:39 PM
Honda Cars India will launch 6-new products over next 3-years as part of its strategy to claw back to a dominant position in passenger vehicles segment, company official said. The company, which today launched the all new version of its compact sedan Amaze, priced between Rs 5.6 lakh and Rs 9 lakh, also said process of formulating electric vehicles specifically for domestic market.
Tesla planning thorough reorganisation, CEO Elon Musk says in email
Monday, May 14, 2018, 11:16 PM
CEO Elon Musk said in an email that as part of the reorganization it was flattening the management structure to improve communication, combining functions where sensible and trimming activities that are not vital to the success of our mission in an email that was confirmed by Tesla after being disclosed earlier by the Wall Street Journal.
Rolls-Royce debuts its first SUV, the $325,000 Cullinan
Thursday, May 10, 2018, 6:05 PM
Rolls-Royce has officially entered off-road territory. Today, the Goodwood-based, Bayerische Motoren Werke AG brand debuted the $325,000 Cullinan, its first SUV. Named after the largest diamond discovered to date, the vehicle is the latest in a long line of six-figure big rigs from the worlds most prestigious automakers. It is also one of the last major luxury automakers to add one: In April.
Electric vehicles market in India set to see several new entrants
Wednesday, May 9, 2018, 7:31 AM
The electric vehicles (EV) market in India is set to see the entry of a flurry of new players of foreign origin and home-grown start-ups in the two- and three-wheeler segments, even as the established Indian automobile firms such as Hero MotoCorp, Bajaj Auto and TVS Motor Company have chosen to adopt a calibrated and wait-and-watch approach before they jump onto the EV bandwagon.
Mercedes-Benz launches AMG E-63 S sedan, price starts at Rs 1.5 cr
Friday, May 4, 2018, 7:14 PM
German luxury carmaker Mercedes-Benz today launched the all new version of AMG E-63 S in India with price starting at Rs 1.5 crore (ex-showroom). "Our AMG strategy in India has been very well received by our discerning customers... we will be launching many more AMGs and other cars through the year," Mercedes Benz India Managing Director and CEO Roland Folger told reporters.
Skoda Auto aims to sell 18,500 cars in India in 2018
Thursday, May 3, 2018, 9:13 PM
Skoda Auto India Pvt. Ltd, an arm of German carmaker Volkswagen AG, is looking to sell 18,500 cars in India in calendar year 2018, a little over 1,000 cars more than 2017. Last year, it sold 17,438 cars in India, a jump of 30% over the previous year, according to Ashutosh Dixit, director (sales and marketing), Skoda Auto India Pvt. Ltd.
Tata Motors launches automatic version of compact SUV Nexon
Wednesday, May 2, 2018, 10:09 PM
Tata-Motors, whose passenger vehicle business is on a strong comeback, today launched an automatic-version of its compact SUV-Nexon that has helped it treble the volume in the UV/SUV segment since roll-out early last year. Since the launch in February-2017, this is the first sub-4 metre sports utility vehicle from Tata and is pitched against Maruti's Vitara Brezza and Ford's EcoSport, selling over than 30,000-units.
Pune now has more vehicles than humans
Saturday, April 28, 2018, 8:28 AM
Pune now has a weird distinction. It has 36.2 lakh vehicles, but only 35 lakh humans. Officials say this may just be the first time this has happened in an urban area of India. The Regional Transport Office (RTO) MH-12 has said it has exceeded its revenue target by a significant level two years in a row.
Maruti Suzuki lines up Rs5,000 crore capex for FY19
Friday, April 27, 2018, 7:51 PM
Country’s largest carmaker Maruti Suzuki India (MSI) on Friday said it has earmarked Rs 5,000 crore for capex in the current fiscal. It plans to invest in various activities including new product development, engineering, maintenance of plants and network. MSI has also earmarked close to Rs 1,000 crore in 2018-19 to buy land parcels for new dealerships.
Volkswagen open to revisiting tie-up with Tata for budget car in India
Wednesday, April 25, 2018, 10:42 PM
Months after calling off a planned partnership with Tata Motors Ltd., Volkswagen AG signalled it isn't shutting the door on a tie-up with the Indian automaker as it works on a strategy to bring budget cars to millions of cost-conscious buyers. Cooperation with the owner of Jaguar Land Rover Plc is possible in principle in the future, said Bernhard Maier, part of the VW-group.
EESL Hands Over 20 Electric Cars To Uttarakhand Government
Wednesday, April 25, 2018, 10:43 AM
In a major undertaking by the Uttarakhand government, Energy Efficient Services Limited (EESL) has handed over the first batch of 20 electric cars to the state government as it marks the launch of e-transport in the state. The cost-effective electric cars was by received Chief Secretary Utpal Kumar Singh in the presence of Secretary (Power) Radhika Jha.
Volvo Cars To Push Hybrid Vehicles In India, Seeks Incentives
Monday, April 23, 2018, 12:33 PM
Volvo introduced its first plug-in hybrid SUV in India back in 2016 in the form of Volvo XC90 T8 Excellence Plug-In Hybrid. While it announced that all its vehicles will get plug in hybrid and electric iteration from 2019, the Swedish carmakers now wants to push its PHEV in the Indian market as well, considering the government provides with incentives and lowers import duty.
Tata Nexon AMT Bookings Open
Monday, April 23, 2018, 11:29 AM
Tata Motors announced that it has kick-started bookings for the Nexon AMT. Tata Motors introduced the Nexon, which was the company's first subcompact SUV in India, in 2017 and since then it has reached a production milestone of 25,000 units just last month. This shows the growing popularity of the car, and now with an automatic variant on offer.
