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Audi India announces price hike across model range to offset rising costs

Audi India announces price hike across model range to offset rising costs

Mon, Nov 27, 2023

German luxury car maker Audi on Monday said it will hike prices of its vehicles in India by up to 2 per cent from January next year citing rising input and operational costs.

Mercedes-Benz, 3 other carmakers to recall over 10K units over faulty parts

Mercedes-Benz, 3 other carmakers to recall over 10K units over faulty parts

Wed, Nov 15, 2023

Mercedes-Benz Korea and three other car companies will recall over 10,000 vehicles due to defective components, the Transportation Ministry said on Wednesday.

Hyundai sales up 18% at 68,728 units in October

Hyundai sales up 18% at 68,728 units in October

Wed, Nov 01, 2023

Hyundai Motor India on Wednesday said its total wholesales rose 18 per cent year-on-year to 68,728 units in October. The South Korean automaker had dispatched 58,006 units in October 2022.

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Ex-Tesla president sold stock worth $274 million since June 10 -SEC filing

Ex-Tesla president sold stock worth $274 million since June 10 -SEC filing

Sun, Jun 20, 2021

Long-time Tesla Inc executive and president Jerome Guillen, who left the company earlier in June, has sold an estimated $274 million worth of shares after exercising stock options since June 10, according to a filing with the Securities and Exchange Commission (SEC)

EXCLUSIVE: GM to boost spending on electric vehicles 30%, add two new battery plants - sources

EXCLUSIVE: GM to boost spending on electric vehicles 30%, add two new battery plants - sources

Wed, Jun 16, 2021

General Motors Co will boost global spending on electric and autonomous vehicles to $35 billion through 2025, a 30% jump over its most recent forecast as it pursues EV leadership, people briefed on the matter told Reuters

We have investment plans of Rs 300-350 crore in the next 3 years: Sunil Chordia; Rajratan Global Wire Ltd

We have investment plans of Rs 300-350 crore in the next 3 years: Sunil Chordia; Rajratan Global Wire Ltd

Tue, Jun 08, 2021

Sunil Chordia, Chairman & Managing Director (CMD), Rajratan Global Wire Ltd, talks about March quarter numbers, margins, demand recovery, CapEx plans and expansion of the Thailand subsidiary among others during a candid chat with Zee Business Executive Swati Khandelwal,

Ducati launches BS6 Panigale V4, Diavel 1260 in India

Ducati launches BS6 Panigale V4, Diavel 1260 in India

Mon, Jun 07, 2021

Luxury motorcycle brand Ducati on Monday announced the launch of the much-awaited Ducati Panigale V4 and Diavel 1260, expanding its BS6 range in India. With the launch of these new models, Ducati has already delivered on 8 of the 12 bike launches promised for India in 2021

Skoda Auto to deliver Kushaq to customers in July

Skoda Auto to deliver Kushaq to customers in July

Mon, Jun 07, 2021

Skoda Auto India on Monday announced the rolling out of sport utility vehicle (SUV) Kushaq at the Skoda Auto Volkswagen India Pvt Ltd's plant in Pune

Car prices may be 'fairly stable' in short term; demand to rise from this month: VW India official

Car prices may be 'fairly stable' in short term; demand to rise from this month: VW India official

Sun, Jun 06, 2021

Prices of cars are likely to remain "fairly stable" in the short term as the second COVID-19 wave has more or less balanced the demand-supply situation in the past two months, according to a senior official at Volkswagen Passenger Cars India.

Royal Enfield has a CapEx plan of Rs 700-1,000 crore: Vinod K Dasari, CEO

Royal Enfield has a CapEx plan of Rs 700-1,000 crore: Vinod K Dasari, CEO

Wed, Jun 02, 2021

Vinod K Dasari, CEO, Royal Enfield, talks about March quarter numbers, learning from CORONA, supply chain constraints, product launch pipeline for FY22, new geographies and expansion plans, capacity utilisation and CapEx among others during a candid chat with Swati Khandelwal, Zee Business.

Exclusive: Ford follows GM, VW with two new dedicated EV platforms by 2025 - sources

Exclusive: Ford follows GM, VW with two new dedicated EV platforms by 2025 - sources

Tue, May 25, 2021

Ford Motor Co will announce on Wednesday that it is developing two dedicated all-electric vehicle platforms, one for full-size trucks and SUVs, the other for cars and smaller SUVs, as part of a strategy to catch General Motors Co, Volkswagen AG and Tesla Inc in the global electrification race, sources familiar with Ford`s plans said

Renault-Nissan and Hyundai face shutdowns in India over workers' COVID fears

Renault-Nissan and Hyundai face shutdowns in India over workers' COVID fears

Mon, May 24, 2021

Automakers Renault, its alliance partner Nissan Motor Co and Hyundai Motor Co face temporary factory closures in India due to growing unrest among workers concerned about rising COVID-19 cases

How Ford burned $12 billion in Brazil

How Ford burned $12 billion in Brazil

Thu, May 20, 2021

Previously unreported corporate filings show the scale of the financial woes that led to the decision. Ford had burned through $7.8 billion, the bulk in accumulated losses but also some cash injections, according to the documents filed in Sao Paulo state, where the automaker is registered in Brazil

Tata Motors Jamshedpur plant to undergo five-day block closure

Tata Motors Jamshedpur plant to undergo five-day block closure

Mon, May 17, 2021

Homegrown automobile giant Tata Motors will undertake a block closure at its Jamshedpur facility from May 18 to May 22, as per an internal communication sent to its employees on Monday. The employees have been asked to report for duty on May 24

Vehicle registrations fall over 31% in April YoY; two-wheeler registration fall higher at over 35%

Vehicle registrations fall over 31% in April YoY; two-wheeler registration fall higher at over 35%

Mon, May 10, 2021

India's vehicle registrations declined by 31.83 per cent in April 2021 on a year-on-year (YoY) basis according to a data released by Federation of Automobile Dealers Association (FADA). The data further said that there was a sequential decline of 28.15 per cent during the month under review

Maruti Suzuki India extends maintenance shut down until May 16; activities to continue in Gurgaon, Manesar

Maruti Suzuki India extends maintenance shut down until May 16; activities to continue in Gurgaon, Manesar

Sun, May 09, 2021

The country's largest carmaker Maruti Suzuki India on Saturday said it has extended maintenance shutdown of its plants till May 16 amid the ongoing surge in COVID-19 cases across the country

Recovery will come in the three-wheelers segment only after the lock-down opens Rakesh Sharma, ED

Recovery will come in the three-wheelers segment only after the lock-down opens Rakesh Sharma, ED

Wed, May 05, 2021

Rakesh Sharma, Executive Director, Bajaj Auto Ltd, talks about April 2021 sales numbers, Q4FY21 numbers, margins, Chetak Electric, product pipeline, commodity price hike and its impact on the company among others during an interview with Zee business Executive Swati Khandelwal

Volvo Car hikes prices by up to Rs 2 lakh to offset rising input costs

Volvo Car hikes prices by up to Rs 2 lakh to offset rising input costs

Mon, May 03, 2021

Volvo Car India on Monday said it has increased prices of most of its products by up to Rs 2 lakh with immediate effect in order to partially offset the impact of rising input costs. The company has hiked the ex-showroom prices of its luxury sedan S90 and premium SUVs XC40, XC60 and XC90 with effect from May 3, the Swedish luxury car maker said in a statement

Top Stocks to Buy: Bharat Forge - Action to continue in this stock on Wednesday; Anil Singhvi recommends BUY

Top Stocks to Buy: Bharat Forge - Action to continue in this stock on Wednesday; Anil Singhvi recommends BUY

Tue, Apr 06, 2021

Top Stocks to Buy: Bharat Forge - Bharat Forge stocks today ended at Rs 622.80 on NSE, going up by over 2.3 per cent or Rs 14. Zee Business Managing Editor Anil Singhvi has recommended the stock when it was trading around Rs 625

Car buyers alert! Maruti Suzuki partners with his bank to offer attractive car loans

Car buyers alert! Maruti Suzuki partners with his bank to offer attractive car loans

Wed, Mar 31, 2021

Maruti Suzuki India Limited (MSIL) has signed a Memorandum of Understanding (MoU) with Mangaluru-headquartered private sector lender Karnataka Bank to introduce attractive finance options for customers to purchase their favourite car.

Revision in income tax return, PMAY subsidy, auto-payment of credit, debit card to dual air bags — FULL LIST of top 10 changes from April 1, 2021

Revision in income tax return, PMAY subsidy, auto-payment of credit, debit card to dual air bags — FULL LIST of top 10 changes from April 1, 2021

Wed, Mar 31, 2021

Changes from April 1: Amid arrival of the new Financial Year 2021-22, some big changes are going to take place starting April 1, 2021 that will have a direct impact on every working person.

From April, here is what will happen to Maruti Suzuki car prices

From April, here is what will happen to Maruti Suzuki car prices

Mon, Mar 22, 2021

From the coming financial year, Maruti Suzuki India Ltd to increase the prices of its vehicles (April 1) amid rising input cost, the company said in a filing to bourses. Maruti Suzuki had hiked prices in January by up to Rs 34K

Citroen SUV C21 prized at just above Rs 5 lakh? This car is generating huge interest

Citroen SUV C21 prized at just above Rs 5 lakh? This car is generating huge interest

Mon, Mar 15, 2021

While there is a lot of anticipation around Citroen C5 Aircross, which is set for launch soon, there is another SUV (Sports Utility Vehicle) which is making the headlines. The French automaker is likely also coming up with C21, for those who want to own an SUV without having to pay a fortune.

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