Autocar_Professional India Online News – Page 1318

Nissan Hyper Urban first in series of new all-electric concepts

In the lead up to the Japan Mobility Show in Tokyo later this month, Nissan has taken the cover off the first of a series of all-electric concept vehicles – the Nissan Hyper Urban. The series, to be revealed one by one in digital form leading up to the show’s press day on October 25,… Continue reading Nissan Hyper Urban first in series of new all-electric concepts

Nissan Hyper Urban first in series of new all-electric concepts

Tata Hitachi MD optimistic on construction industry as PLI inches closer

Sandeep Singh, the Managing Director of Tata Hitachi, a major player in the construction equipment industry, believes that the long-awaited production-linked incentive (PLI) scheme for the sector may see some positive outcomes within the next 1-2 months. “The government called the industry members many times for discussion. We believe that in the next 1-2 months… Continue reading Tata Hitachi MD optimistic on construction industry as PLI inches closer

Rising inflation and interest rates trigger downgrade trend in US car market: Ipsos

The uncertainty in the global economic environment is casting its impact on the automotive industry globally, particularly in markets like the US and Europe, which have already started showing downgrade purchase trends with the declining capacity of consumers to afford new cars. The United States, which is the second-largest car market in the world after… Continue reading Rising inflation and interest rates trigger downgrade trend in US car market: Ipsos

CNG vehicle sales rise 32% to 666,000 units in January-September, CNG price cut to Rs 76 per kg

Six months after the Centre slashed the price of CNG (compressed natural gas) by Rs 8 per kg to Rs 79 per kg, Mahanagar Gas has announced a Rs 3 per kg reduction to Rs 76 per kg as of October 1, 2023. This latest cut is the third CNG price reduction in CY2023, with… Continue reading CNG vehicle sales rise 32% to 666,000 units in January-September, CNG price cut to Rs 76 per kg

TVS iQube e-scooter sales charge past 200,000 units in 45 months

TVS Motor Co’s first electric two-wheeler, the iQube scooter, has surpassed the 200,000-unit sales in the domestic market. The latest milestone comes 45 months after the zero-emission EV was launched in January 2020. With this, TVS Motor Co becomes India’s first legacy player to record the 200,000 EV sales milestone in the domestic market. From… Continue reading TVS iQube e-scooter sales charge past 200,000 units in 45 months

TVS iQube e-scooter sales charge past 200,000 units in 45 months

M&M’s domestic CV wholesales surge 10% YoY to 23,997 units in September 2023

Mahindra & Mahindra (M&M), the Mumbai-based automotive major, reported a significant increase in domestic sales for commercial vehicles, with a jump of 9.93% to 23,997 units, compared to 21,666 units in the same month last year. According to the data provided by M&M, the sales of vehicles in the Light Commercial Vehicle (LCV) category weighing… Continue reading M&M’s domestic CV wholesales surge 10% YoY to 23,997 units in September 2023

Tata Motors sees 24% surge in MHCV wholesales in Q2FY24

Mumbai-based automotive giant Tata Motors reported a significant 24% increase in wholesale of medium- and heavy commercial vehicles (MHCV) during the second quarter of fiscal year 2023. The surge in sales can be attributed to a robust infrastructure push by the government, replacement demand, growth in core sectors, and a sustained spike in the e-commerce industry.… Continue reading Tata Motors sees 24% surge in MHCV wholesales in Q2FY24