The second Covid wave has wiped over 40 per cent of MSMEs involved in various sectors such as tourism, gym, salons and spas, hospitality, automobile, real estate, electronics, general engineering fabricators, transporters, media and press, architects, consultants and many more, said K E Raghunathan, convenor of Consortium of Indian Associations. Continue Reading
International Tractors Ltd, maker of Sonalika & Solis, registered growth of 5.8 per cent in exports with sales of 1,595 tractors in February 2020 as compared to 1,507 tractors same period last year. Continue Reading
Volvo Cars announced that it is not just launching its first fully electric car but also introducing one of the safest cars on the road, despite a fresh set of challenges presented by the absence of an internal combustion engine. Continue Reading
Ashok Leyland reported a 28 per cent decline in total sales at 10,927 vehicles in July as against 15,199 units in the same month last year. Continue Reading
The country’s largest two-wheeler maker Hero MotoCorp today said its manufacturing plants have been shut for four days till 18 August as part of annual routine and also to adjust production in line with current market demand.
In a regulatory filing, Hero MotoCorp said its manufacturing facilities will be closed from 15 to 18 August.
Passenger vehicles production in India was down 13.18 per cent in April-July this fiscal with top manufacturers such as Maruti Suzuki, Mahindra & Mahindra, Tata Motors, Ford, Toyota and Honda reducing output massively. Continue Reading
Volvo Car India registered a 11 per cent increase in sales in the first half of 2019. The company sold 1159 units between January to June 2019 against 1044 units in January to June 2018. Sales contribution from Mini Metros and Tier-I towns and a good demand for the SUV range aided the growth, said a press release. Continue Reading
The 12th edition of Automotive Engineering Show (AES) that is ongoing in Chennai has seen some of the biggest names from the industry demonstrating technical advancements. Continue Reading
With a fleet of over 50,000 autos and taxis on-road, across 50+ cities Jugnoo aims to expand its services in various cities across the country, said the release, adding that users can avail 50 per cent cashback on first five rides Continue Reading
Government’s the world over have been pushing carmakers to adhere to their ridiculous norms that are rather counter-intuitive and end up becoming counter-productive in due course. Emissions regulations for example, have made cars and bikes less polluting, but have also made them heavier and hence nullifying the overall effect. That is because in the real world, things work differently. Maybe that is why manufacturers are finding ways to make their cars faster and more powerful, despite the apparent increase in weight. Yet, they fall short in some aspects and that takes away what forms the crux of a real sportscar – the driving experience. Continue Reading