Auto sector sees resilient two-wheeler growth amidst mixed performance in PVs and CVs for June 2024

Auto sector sees resilient two-wheeler growth amidst mixed performance in PVs and CVs for June 2024

Mumbai: Wholesale volumes across various segments of the automobile industry in June 2024 are anticipated to reflect a subdued trend, primarily attributed to the absence of wedding dates, according to Anand Rathi report. Analysts project a mixed performance with two-wheeler (2W) volumes showing resilience, while passenger vehicles (PVs) and commercial vehicles (CVs) are expected to … Read more

Charging Infrastructure For Electric Fleets: Challenges And Solutions

Charging Infrastructure For Electric Fleets: Challenges And Solutions

Many fleet operators are still unfamiliar with the operational differences between electric and conventional vehicles. (Photo: Engineer’s Planet) Electrifying fleet and commercial vehicles emerges as a promising strategy, given that the transport sector accounts for 40% of global CO2 emissions. The Indian government is actively working to lower the nation’s greenhouse gas emissions and achieve … Read more

Vehicle registrations rise by a modest 3 per cent in May

Vehicle registrations rise by a modest 3 per cent in May

Vehicle registrations – a proxy for retail sales – went up by a modest three percent to 2.09 million units last month with consumers delaying purchases due to election-related uncertainties and extreme heat. Passenger vehicle registrations dipped marginally during the month under review by 0.96% to 303,358 units. As per data collated by industry body … Read more

May auto retails impacted by heatwave and elections, dip 5.3% MoM: FADA

May auto retails impacted by heatwave and elections, dip 5.3% MoM: FADA

Auto retails in the month of May dropped 5.28 per cent on a monthly basis as showrooms saw lower footfall due to prevailing heatwave, lack of new models and the now-concluded Lok Sabha elections, auto body FADA said on Monday. However, they saw a rise of 2.6 per cent on an annual basis.Sales of two-wheelers … Read more

Bajaj: Bajaj Auto total sales flat at 3.55 lakh units in May

Bajaj: Bajaj Auto total sales flat at 3.55 lakh units in May

Bajaj Auto on Monday said its total sales remained flat at 3,55,323 units in May. The Pune-based automaker sold 3,55,148 vehicles in May 2023, the company said in a regulatory filing. Total domestic sales (including commercial vehicles) declined 1 per cent to 2,25,087 units last month compared to 2,28,401 units sold in May 2023. Total … Read more

Tata Motors share price: Tata Motors to hike CV prices for offsetting input price pressures

Tata Motors share price: Tata Motors to hike CV prices for offsetting input price pressures

Tata Motors will be hiking the prices of its commercial vehicles from April 1, 2024 to offset the residual impact of past input costs, the company said in a stock exchange intimation on Thursday. The prices will be hiked by 2 per cent, it said. “While the price increase will vary as per individual model … Read more

ashok leyland: Ashok Leyland progressing well in network expansion in North & East

ashok leyland: Ashok Leyland progressing well in network expansion in North & East

Chennai: Heavy commercial vehicle maker Ashok Leyland has drawn up network expansion plans in the North and Eastern parts of the country, a top company official has said. The Hinduja Group flagship company was also gearing up to launch its electric light commercial vehicles (LCVs) within the next few months. Ashok Leyland in the first … Read more

VinFast VF3 electric SUV is coming to the U.S.

VinFast VF3 electric SUV is coming to the U.S.

VinFast VinFast has had a rocky start with its VF 8 electric SUV, but the Vietnamese automaker is pushing ahead with plans for more models. At CES 2024, it unveiled an electric pickup truck concept, and confirmed that the smaller VF 3 will be available globally. The VF 3 was unveiled in June 2023, but … Read more

Tata Motors global wholesales up 9 pc in Q3

Tata Motors global wholesales up 9 pc in Q3

New Delhi, Tata Motors on Tuesday said its global wholesales, including that of Jaguar Land Rover, rose 9 per cent year-on-year to 3,38,177 units in the December quarter. Global wholesales of Tata Motors’ commercial vehicles and Tata Daewoo range in October-December period of FY24 were at 98,679 units, up 1 per cent over third quarter … Read more

Kia Purpose Built Vehicles are the working EVs of the future

Kia Purpose Built Vehicles are the working EVs of the future

Kia Kia wants to build EVs that can be easily reconfigured for different uses, ranging from ordinary passenger cars to taxis and delivery vehicles. The automaker previewed this strategy, called the Platform Beyond Vehicle (PBV), at CES 2024, showing the first potential vehicle designs. All PBV derivatives will be based on a modular platform with … Read more