Maruti Suzuki overtakes Mahindra to become India’s No.1 SUV maker

Maruti Suzuki India said it has become the No.1 utility vehicle brand in India, overtaking long-time incumbent Mahindra & Mahindra in the financial year ended March 2018. The company said it had a 27.5% market share in the UV/SUV space in the year. Riding on the success of models like Vitara Brezza, Ertiga and S-Cross, […]

M&M sets up electric ‘hypercar’ unit in Europe under Italian brand

Mahindra & Mahindra, India’s largest SUV maker, said it will launch a high-end electric car brand in Europe, with the first model out in 2020. The company will leverage the design talent of Pininfarina, an Italian design car designer it purchased three years ago. The new brand will be called Automobili Pininfarina. “The company will […]

JSW Energy appoints GM executive to head its electric vehicle unit

Power generation company JSW Energy Ltd said it has appointed auto industry veteran Sergio Luiz Pegoraro Rocha of Brazil to head its upcoming electric vehicle unit. In his previous stint, he was President, CEO and Chairman of GM Korea (General Motors, Korea), Uzbekistan and Vietnam operations based out of Seoul, South Korea. The power company […]

Mahindra & Ford to co-develop SUVs, small electric vehicle

Mahindra Group and Ford Motor Company will jointly develop new SUVs, and a small electric vehicle as part of several initiatives announced today between the two companies. The two companies signed five new memoranda of understanding (MoU) that they said will further strengthen their strategic alliance and accelerate the development of key products for consumers […]

Mahindra to invest Rs 500 cr into electric vehicle development

Automaker Mahindra & Mahindra said it will invest Rs 500 cr at its Chakan plant in Maharashtra for product development and capacity enhancement in its electric vehicle operations. The investment is in addition to the Rs 6,500 cr expansion program that is already going on at the plant that also makes non-EV models, India’s biggest […]

SOLAR MISSION: It’s another nail-biter for India in 2017-18

India faces steep odds in its race to meet its solar power addition targets for the current year. Last year, the country had added only 5.53 GW of incremental solar power capacity against a target of 6 GW. This year, the target is 10 GW. However, as of November end, it has added only 3.46 […]

Tata Motors to increase car, SUV prices by up to 25,000 from next month

Tata Motors today announced that the Company would be increasing prices of its entire passenger vehicles range by up to Rs 25,000, starting January 2018. The company attributed the increase in price is to “rising input costs.” “The changing market conditions, rising input costs and various external economic factors have compelled us to consider the […]

Tata Motors’ JLR retail sales flat in October as UK, US markets slow

Tata Motors said its overseas subsidiary Jaguar Land Rover saw retail sales grow 0.2% in October to 46,418 vehicles. Jaguar retail sales were down 14.3% to 12,336 vehicles in October, primarily reflecting lower sales of the Jaguar XE, said Tata Motors. Land Rover retailed 34,082 vehicles in October, up 6.8%, led by the introduction of […]

Skoda brings Octavia’s hi-power RS version to India with 250 kmph speed

Czech automaker Skoda has dispelled the uncertainties around the introduction of its performance sedan range, the Octavia RS series, by bringing the RS 230 to India. The model is the most powerful car launched by the company in India and comes with a 2-litre TSI turbocharged, four-cylinder petrol engine with 230 bhp of power and […]

Hexa helps Tata Motors post 26% India sales growth in August

Tata Motors passenger and commercial vehicles total sales including exports rose 14% in August, while domestic sales rose 26%. The company sold 48,988 vehicles in the month, out of which 45,906 were sold in India. It said it found “growing demand across segments and increased positive customer sentiments” in its home market. Domestic – Passenger […]

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