hybrid-vehicles

Tax on automobiles must be tech agnostic, focus on reducing fossil fuel use, decarbonisation: Toyota Kirloskar Motor

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Tax on automobiles must be tech agnostic, focus on reducing fossil fuel use, decarbonisation: Toyota Kirloskar Motor

Taxation of automobiles must be based on national goals of reducing fossil fuel consumption, decarbonisation and ‘Make in India’, and incentives must not be reserved only for a specific technology, according to Toyota Kirloskar Motor Executive Vice President & Country Head Vikram Gulati. Toyota Kirloskar Motor (TKM), which on Wednesday launched its new version of … Read more

2026 Hyundai Ioniq 9 Is An Aero-Focused Three-Row SUV With 300 Miles Of Range In Every Trim

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2026 Hyundai Ioniq 9 Is An Aero-Focused Three-Row SUV With 300 Miles Of Range In Every Trim

Three years after unveiling its Seven concept at the Los Angeles Auto Show, Hyundai is using that same show to debut the production 2026 Ioniq 9, a large three-row SUV that’s a sibling to Kia’s EV9. (The name was changed from 7 to 9 to leave room for more future Ioniq models.) It’s a wild-looking … Read more

maruti share price: How long will Maruti cars be parked? Key official shares inventory outlook

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maruti share price: How long will Maruti cars be parked? Key official shares inventory outlook

Inventory levels for small cars at Maruti Suzuki could be as much as 40-45 days by the end of the month, while other segments are expected to maintain a comfortable 30-day stock, auto company’s Head of Marketing and Sales Partho Banerjee said during a post earnings call. Most dealers have an average inventory of 60 … Read more

Suzuki Partners With Toyota For India’s First Homegrown Electric SUV

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Suzuki Partners With Toyota For India’s First Homegrown Electric SUV

Last Updated:October 30, 2024, 15:44 IST The upcoming SUV will feature a robust 60-kilowatt-hour battery pack, although its range has yet to be revealed. This new model is part of Toyota’s ambitious plan to launch 10 battery-powered vehicles by 2026. (Image: Shutterstock) Japanese automaker Suzuki Motor’s Indian unit will supply its first-ever electric vehicle to … Read more

Consumers exploring both luxury, sustainable mobility alternatives: Survey

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Consumers exploring both luxury, sustainable mobility alternatives: Survey

Consumers are exploring both luxury and sustainable alternatives, setting the stage for a new era in the Indian automotive sector, according to a survey by Grant Thornton Bharat. As per the survey — ‘Shifting Gears: Understanding Passenger Vehicle Market Trends’, 85 per cent of the respondents were considering premium models and there is an increasing … Read more

MG Motor India Launches ‘MG Select’ Showrooms to Tap Into Premium Car Market

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MG Motor India Launches ‘MG Select’ Showrooms to Tap Into Premium Car Market

Last Updated: September 18, 2024, 16:14 IST These exclusive showrooms are set to open in 12 cities across India in phases. The MG Select showrooms will focus on high-end models like the much-anticipated Cyberster, which debuted in India in March 2024. MG Motor India, in collaboration with JSW, is gearing up to conquer the premium … Read more

Fed minutes signals September rate cut

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Fed minutes signals September rate cut

Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

Strong hybrids rev up to fly past EVs in green race as car sales make a pit stop

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Strong hybrids rev up to fly past EVs in green race as car sales make a pit stop

Sales of strong hybrid vehicles are growing in high double digits, sharply outpacing a sluggish Indian auto market where demand for both fossil-fuel and electric vehicles have slowed this year. To be sure, the growth in strong hybrid vehicle sales is on a small base but the shift in market dynamics underscores growing consumer appetite … Read more

Fed minutes signal September rate cut

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Fed minutes signal September rate cut

Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City.  Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

JSW MG Motor India: Current GST rate for PVs outdated; needs a relook: JSW MG Motor India CEO Emeritus

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JSW MG Motor India: Current GST rate for PVs outdated; needs a relook: JSW MG Motor India CEO Emeritus

New Delhi: The current GST rate structure of passenger vehicles in India is outdated and needs to be aligned with the new developments in the auto industry, according to JSW MG Motor India CEO Emeritus Rajeev Chaba. The government should consider the overall perspective of vehicular emissions, reduction of import bill, sustainable local supply chain … Read more