Autocar_Professional India Online News – Page 1402

CCI slaps Rs 200 crore penalty on Maruti Suzuki for curbing discounts

The Competition Commission of India (CCI) has imposed a penalty of Rs 200 crore on Maruti Suzuki India Ltd (MSIL) for implementing a Discount Control Policy whereby dealers were restrained from offering discounts to the customers beyond those prescribed by MSIL. As per the CCI release, the order against Maruti is on account of indulging… Continue reading CCI slaps Rs 200 crore penalty on Maruti Suzuki for curbing discounts

CCI slaps Rs 200 crore penalty on Maruti Suzuki

Mercedes-Benz India intensifies AMG assault with GLE 63 S Coupe

Mercedes-Benz India has launched its 12th AMG model in the country with the launch of the AMG GLE 63 S 4Matic + Coupe, starting at Rs 2.07 crore, ex-showroom India. The crossover is based on the GLE 53 SUV, but with redesigned front end with a new chrome-finished grille and larger splitter. It also gets… Continue reading Mercedes-Benz India intensifies AMG assault with GLE 63 S Coupe

Pricol wary as chip crisis worsens

Vikram Mohan: “What is even more worrisome than Covid-19 is the acute shortage of electronic components which is not showing any signs of easing and is affecting various stakeholders.” Coimbatore-based Pricol, which uses microchips for its electronic parts, is feeling the heat of the semiconductor shortage. With the crisis expected to last another 16-18 months,… Continue reading Pricol wary as chip crisis worsens

Tata Motors previews new Punch micro-SUV ahead of festive season launch

Eighteen months after Tata Motors unveiled the HBX Concept at the Auto Expo 2020 in Greater Noida, the company today revealed the production-ready model, called Tata Punch. The latest Tata SUV is slated for a national launch this festive season. The Tata Punch micro-SUV, which bears a close resemblance to the HBX concept (below right),… Continue reading Tata Motors previews new Punch micro-SUV ahead of festive season launch

Euler Motors bags Flipkart, BigBasket order for 2,500 e-three-wheelers

New Delhi-based electric mobility start-up Euler Motors has announced that it has received orders from leading e-commerce players including BigBasket, Flipkart and Udaan among others for 2,500 electric three-wheelers for intra-city deliveries. As part of the understanding, the companies will deploy Euler Motors’ EV across Delhi NCR, Bangalore, Hyderabad and Chennai for first-, mid- and… Continue reading Euler Motors bags Flipkart, BigBasket order for 2,500 e-three-wheelers

Euler Motors bags order for 2,500 electric three-wheelers

Ather Energy expands in Maharashtra, opens showroom in Nashik

Smart electric scooter maker Ather Energy is fast expanding its retail network in Maharashtra, which recently unveiled a dynamic EV policy designed to increase the number of EV adopters. The company has opened a new Experience Centre in Nashik, at Patwa EV Zone, Trambakeshwar Road, Nashik in association with Patwa Auto Drive. The 450X, alongside… Continue reading Ather Energy expands in Maharashtra, opens showroom in Nashik

Kinetic Green to invest Rs 300 crore in EV biz, gets working on reborn Luna

Kinetic Green’s Sulajja Firodia Motwani: “We have just signed a very aggressive plan to invest around Rs 300 crore in the next 3-4 years.” Kinetic Green Energy and Power Solutions, the electric vehicle manufacturing arm of the Kinetic Group, is determined to play a bigger role in the “last-mile mobility for people and goods,” says… Continue reading Kinetic Green to invest Rs 300 crore in EV biz, gets working on reborn Luna

First product from Volvo Buses-VECV rolls out

This is India’s first 13.5-metre 4×2 coach which offers 10% extra seating and 20% sleeper berth capacity, and around 25% more passenger luggage space. Exactly a year after VE Commercial Vehicles (VECV), a subsidiary of Eicher Motors, inked a pact to acquire the bus business of Volvo Group (VGIPL) for Rs 100 crore, the first… Continue reading First product from Volvo Buses-VECV rolls out