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Maruti commences bookings for petrol version of S-Cross. (Photo- Carwale)

Maruti Suzuki S-Cross petrol bookings are now open

The model comes with a 1.5 litre BSVI-compliant petrol powertrain equipped with smart hybrid technology, MSI said in a statement

24 Jul 2020 2:01 PM

Bajaj is facing supply chain issues at its plants in India due to lockdowns imposed by local governments. (PTI Photo)

Bajaj Auto focuses on exports as India battles COVID-19 pandemic

Between January and June, it exported 6,64,000 motorcycles while selling 5,89,000 in India, company data showed

24 Jul 2020 9:19 AM

Tesla overcame a seven-week pandemic-related shutdown at its California assembly plant to post a surprising $104 million net profit for the second quarter. (AFP Photo)

Tesla makes $104 million surprise profit despite factory shutdown

Musk also said he’s confident about rolling out full self-driving technology by the end of the year

23 Jul 2020 4:02 PM

Daimler, the maker of Mercedes-Benz luxury cars and Freightliner trucks, lost 1.91 billion euros in the second quarter. (AFP Photo)

Daimler Q2 loss widens on weak demand

CEO Ola Kallenius said it had worked to preserve cash reserves during a difficult time and was seeing “the first signs of a sales recovery”

23 Jul 2020 3:26 PM

Bajaj Auto on Wednesday posted a 60.92 per cent decline in its consolidated net profit at Rs 395.51 crore for the first quarter ended June 30. (ANI Photo)

Bajaj Auto reports 61% fall in June quarter profit

Its total revenue from operations fell to Rs 3,079.24 crore for the April-June period, down 60.29 per cent

22 Jul 2020 2:23 PM

Ducati Panigale V2 bookings open in India. ( Photo- ducati.com)

Ducati India open bookings for 2020 Panigale V2 ahead of launch

Unlike the outgoing model, the Panigale V2 features a single-sided X and a moulded around refined monocoque frame, the company said

20 Jul 2020 2:18 PM

Maruti recalls 1,34,885 units of WagonR, Baleno to fix faulty fuel pumps. (PTI Photo)

Maruti Suzuki recalls 1,34,885 units of WagonR, Baleno to fix faulty fuel pumps

The company will inspect 56,663 units of WagonR and 78,222 units of Baleno for a possible issue with the fuel pump

15 Jul 2020 12:48 PM

India’s auto sales volume will take another 3-4 years to reach 2018 levels. (PTI Photo)

India's auto sales volume will take 3-4 years to recover: SIAM

“Production has been slow to pick up due to supply chain disruption and weak demand,” said Rajan Wadhera, president, SIAM

15 Jul 2020 6:42 AM

Mylan gets DCGI nod for remdesivir in India, to launch at Rs 4,800 per vial. (Photo- Twitter)

Mylan Pharma to launch remdesivir in India at Rs 4,800 per 100 mg vial

The drug will be launched under the brand name Desrem in India and will be available to patients later this month

07 Jul 2020 1:48 PM

The company said on June 26 that 140 of the roughly 8,000 staff at the factory had caught the virus and two had died. (PTI Photo)

Bajaj Auto unions demand factory halt after 250 workers test COVID-19 positive

It said work there would not be stopped, however, as the company wanted to learn to “live with the virus”

05 Jul 2020 9:46 AM

Motorcycle segment in India would perform better than the rest of the auto industry, says Fitch. (AFP Photo)

Motorcycle segment may outperform rest of auto industry: Fitch

Domestic motorcycle production would gain some support from shift in demand but more benefit would accrue from the export market

03 Jul 2020 3:01 PM

Elon Musk's Tesla becomes world's richest auto group

Tesla has seen ups and downs but its shares have risen steadily since late 2019 as it met key production targets for its Model 3 car

02 Jul 2020 12:40 PM

India is drawing up an incentive scheme for the autos sector aimed at doubling exports of vehicles and components in the next five years. (PTI Photo)

India plans incentives for auto companies to boost exports

The move is part of India’s effort to create ‘champion’ sectors to attract investment, generate jobs and boost manufacturing

30 Jun 2020 9:34 AM

Maharashtra govt freezes 3 Chinese projects worth Rs 5 crore

Hengli Engineering was to invest Rs 250 crore and PMI Rs 1,000 crore in the auto sector

23 Jun 2020 3:33 PM

Tata Motors Ltd expects to shed about 1,100 temporary jobs at Jaguar Land Rover after pandemic hits earnings. (AFP Photo)

Tata Motors to shed 1,100 jobs at Jaguar Land Rover

The automaker posted a consolidated fourth quarter net loss of Rs 98.94 billion, as coronavirus lockdowns across its markets ravaged sales

16 Jun 2020 10:22 AM

Mahindra looks to give up control of Ssangyong

Mahindra, which owns a 75 per cent stake in SsangYong, rescued the sport-utility vehicle (SUV) maker from near-insolvency in 2010

13 Jun 2020 7:38 PM

Automobile registrations in May down 89 percent due to COVID-19 lockdown. (ANI Photo)

Vehicle registrations down 89% in May

For the first time, said FADA President Ashish Harsharaj Kale, the month of April witnessed zero retails

11 Jun 2020 3:33 PM

Auto component sector may see huge job losses if the automotive sector continues to face headwinds due to lack of demand amid coronavirus. (AFP Photo)

Huge job losses imminent in automotive sector if demand remains weak: ACMA

ACMA President Deepak Jain said that auto industry body SIAM has already predicted an annual downturn of 35-40% due to COVID-19 situatio

07 Jun 2020 2:45 PM

Carmakers tie-up with banks to offer low interest rate schemes to attract customers

So far, at least Maruti Suzuki, Hyundai and Mercedes Benz have launched such schemes, according to press releases over the past week

02 Jun 2020 4:16 PM

Maruti Suzuki India records 86% slump in May sales

Domestic sales declined by 88.93 percent to 13,888 units last month

01 Jun 2020 2:13 PM

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Mohan Guruswamy