Renault the French automaker is launching its 999 cc variant of its entry-level model KWID SCe in India at 12 PM today, and is expected to reveal the pricing details in a few minutes. The company had opened the bookings for the variant earlier this month and is expected to start delivery by September. The variant […]
TVS tyres reported a revenue growth of 8% to Rs 552.95 crores for the April-June quarter. Though the material cost remained stagnant compared to the previous year, increase in inventory contributed to the fall in profit to Rs 46.5 crores from Rs. 49.48 crores. Earnings per share went down by 6.4% to Rs 60.74 from Rs […]
BMW announced the dates of its experience tour to be held in Thrissur district in Kerala on the 20th and 21st of this month. The venue will be Corporation ground in Paravattani added the company. Participants will be allowed to test drive and know more in detail about the BMW models, services and offerings, the […]
The Supreme Court has directed all manufacturers and dealers of Delhi & National Capital region selling diesel cars with engine capacity of 2000 cc and above, to pay 1% Environment Protection Charge. Supreme Court’s instructions came in the matter of M.C Mehta vs Union Vehicular Pollution Case: Diesel Emission) of India on Environment Protection Charge. […]
Bajaj Auto’s has launched “Mission Vikrant 1971” to search for the 1300 officers and sailors that served on India’s first iconic aircraft carrier during the 1971 Indo-Pak war. “Mission Vikrant 1971, is a digital initiative to identify and share details of these war heroes that served on the INS Vikrant and preserve their stories for […]
National Highways Authority of India (NHAI) will be delegated power to approve plans for rectifying road design in black spots in an effort to reduce accidents on national highways, minister of Road Transport & Highways and Shipping Nithin Gadkari said. Nithin Gadkari addressing a video conference of Regional Officers of the Ministry and NHAI highlighted […]
Religare Finvest Ltd will use Shriram Automall India’s bidding platforms to dispose of its non-performing and immovable assets, Shriram Automall said. “Shriram Automall has over the years proved itself as market leaders and we are confident on better conversion in liquidation of our NPA Properties from our inventory through their effective disposal platforms,” quoted the […]
Minda Corporation said it has agreed to set up a fifty fifty joint venture with Shandong Beiqi Haihua Automobile Parts at a cost of $12.5 million. Other details of the agreement, including the location, were not revealed. The agreement was entered via Minda German subsidary, Minda Ktsn Plastic Solutions. It is an exporter from Germany,the […]
Rane Holdings reported a 17.2 % growth in profit for the April-June quarter compared to the previous year. The company said the growth across the automotive segments in the commercial vehicles, passenger vehicles and two wheelers contributed the increase in profit. It also benefited by higher volumes in the supply of components to new vehicle models introduced […]
Minda Corporations reported revenue of Rs 6,954 million, an increase of 31.7% in the April-June Quarter in 2 016 compared to its revenue in the previous year, boosted by an acquisition. Profit After Tax (PAT) increased by 22.9% quarter on quarter to Rs. 249 million and EBITDA increased by 27.5% to Rs. 626 million. On the strong […]
The Bajaj Auto introduces two new colors in Street variants. The 150 cc variant of Avenger Street, which currently is available in Midnight Blue will also come in Cosmic Red and the 220 cc variant, currently available in Matte Black, shall also be available in Matte Wild Green, the company said. All other specifications of […]
Honda Activa, India’s most popular scooter, can now also claim to be its most popular two-wheeler. The bike completed six months as India’s highest selling two-wheeler in June — a feat that was unthinkable for a scooter 5 years ago. For the last 17 years, the No. 1 position used to be taken up by […]
Lumax Industries, one of the most prominent automotive lights makers in India, opened a design centre in Taiwan to strengthen its in-house design capabilities and facilitate its expansion in South East Asia. “The opening of the Design Centre is seen as a strategic step towards Company’s self-reliance initiatives and making designing- cost competitive. The new […]
Tata Motors saw sales growth of 9.9% in April 2016 at 39,763 vehicles compared to total commercial and passenger vehicles sales of 36,190 units in April 2015. The company’s domestic sales of Tata commercial and passenger vehicles for April 2016 were 35,978 nos, a growth of 11% over 32,404 vehicles, sold in April 2015. Full-year […]
Responding to widespread news that its low-priced quadricycle Qute has got a European safety ranking of just 1 out of 5 in crash tests, Bajaj Auto today said the rank is still better than that of many popular cars. “In a recent Euro NCAP report, the Bajaj Qute was accorded a 1 star rating, superior […]
TVS Motor Company launched its new four stroke TVS XL 100 in Maharashtra. The all new TVS XL 100 comes with a seat which is broader and more comfortable. It also has a detachable rear seat with a robust rear flatbed platform to enable carrying of loads. The key selling point of mopeds in India […]
Honda Motorcycle and Scooter India said it has started dispatching the new Deluxe version of its entry-level commuter bike CD 110 Dream. The motorcylce is priced at Rs 43,997 plus tax in New Delhi. The self-start version is costlier by around Rs 2,200. “The new color graphics – black with green stripe, introduced exclusively for […]
Ola has extended its autorickshaw booking facility to three new cities — Mysore, Gurgaon and Noida. With the launch in these three markets, Ola Autos are now available in 12 cities across India, including Bangalore, Chennai, Delhi, Ahmedabad, Hyderabad, Pune, Chandigarh, Indore and Jaipur. Ola Autos are available 24×7 in all the three cities, at […]
Maruti Suzuki said it has increased its car prices slightly to pass on a new ‘infrastructure cess’ imposed by the central government as part of its Budget 2016-2017 exercise. Interestingly, the price increase is around half of what was expected, going by the percentage cess imposed. For example, on small cars, the infrastructure cess is […]
Bajaj Auto said its sales for the month of February rose 12% year on year, one of its strongest numbers in recent months. Domestic sales increased 33% on year even as exports slumped 12%. The rise in overall numbers was led by a 9% jump in motorcycle sales. Total number of vehicles sold in the […]
