A global shortage of semiconductor computer chips continues to disrupt the automotive supply chain, with Toyota and Volkswagen among the latest crop of manufacturers forced to restrict production. Semiconductors – a crucial component for modern infotainment systems, driver aids and various electrical components – are in particularly high demand because of a pandemic-driven surge in demand for consumer electronic… Continue reading Global shortage of semiconductors compels car makers to halt production
Author: Autocar_Professional India Online News
Hyundai India steams ahead in exports in first nine months of FY2021
Hyundai Motor India, which wrested the No. 1 made-in-India passenger vehicle (PV) exporter title from Ford India in FY2020, is set to retain the title in FY2021. In FY2019, the Korean carmaker missed being India’s top PV exporter in FY2019 by a whisker – of all 696 units! Ford India had first unseated Hyundai, the longstanding PV export… Continue reading Hyundai India steams ahead in exports in first nine months of FY2021
GoFuel starts doorstep fuel delivery
GoFuel, a Chennai-based start-up, has begun delivering diesel to customers’ doorsteps in the city. The company claims to be India’s first, non-OMC branded mobile fuel distributor approved by PESO (Petroleum and Explosives Safety Organisation) – the nodal agency that oversees safety requirements of the explosives and petroleum sectors in the country. GoFuel has obtained licences… Continue reading GoFuel starts doorstep fuel delivery
Tata Motors seeks to leverage more opportunities with JLR
Shailesh Chandra, President of Tata Motors’ Passenger Vehicles Business Unit, says the Harrier is a “wonderful example” of how Tata Motors leveraged something which was available in group company, Jaguar Land Rover, with proven architecture. “We have cost adjusted it for the Indian requirement from a cost/regulation perspective and it has been a success for… Continue reading Tata Motors seeks to leverage more opportunities with JLR
Jaguar Land Rover India expands network with new dealer in Bangalore
Jaguar Land Rover India today announced the appointment of Shakti Auto Cars as its new retailer partner in Bangalore, with Venkatesh Tatuskar as its director. The new, state-of-the-art 3S facility is located in the upscale Brookfield area, close to the major IT hub of Whitefield. With this Shakti Auto Cars becomes the luxury carmaker’s 29th dealership in… Continue reading Jaguar Land Rover India expands network with new dealer in Bangalore
Tata Motors reveals new Safari, commences production from Pune plant
Tata Motors has formally unveiled the new avatar of the iconic Tata Safari. In a flag-off ceremony held today, the first Safari rolled out of the assembly line from the manufacturing plant in Pune. With this, the company has revived the popular SUV that India was first introduced over 20 years ago in 1998. Unveiling the new Tata… Continue reading Tata Motors reveals new Safari, commences production from Pune plant
M&M’s market cap hits Rs 100,000 crore mark, helped by market sentiment
If there is one auto major that’s grabbing the headlines right from day one of 2021, it’s got to be Mahindra & Mahindra. The stock’s market capitalisation has again hit the psychologically important one-lakh-crore-rupee mark as the stock price hit fresh two-year highs today. In January alone, the stock has gained almost 13 percent and… Continue reading M&M’s market cap hits Rs 100,000 crore mark, helped by market sentiment
Mercedes-Benz India plans a 15-model assault in 2021
As Mercedes-Benz India strategises its revival amidst flagging sales in the luxury car segment, it has lined up a model assault with 15 launches including few facelifts in 2021 and also plans an additional investment of about Rs 400 crore towards further localisation of its production. Offering a sneak peek of the company’s strategy for 2021, Martin Schwenk,… Continue reading Mercedes-Benz India plans a 15-model assault in 2021
Mercedes-Benz India sells 7,983 units in pandemic-hit CY2020, down 42%, plans 15 launches in 2021
Mercedes-Benz India, the luxury car market leader, has reported sales of 7,893 cars in CY2020, a year which was largely impacted by the Covid-19 pandemic and resultant lockdowns across the country. CY2020 sales are down 42.74 percent year on year (CY2019: 13,786). Last week, BMW India had reported sales of 6,404 cars in CY2020, down 26% The… Continue reading Mercedes-Benz India sells 7,983 units in pandemic-hit CY2020, down 42%, plans 15 launches in 2021
Dana’s EV parts plant in Pune to open in Q1 2021
Dana, a global leader in drivetrain and e-propulsion systems, is strengthening its global electrification capabilities through production of e-drive technologies in Pune, one of India’s leading automotive hubs and home to a number of leading OEMs including Bajaj Auto, Tata Motors and Mahindra & Mahindra. In September 2020, Dana announced that it will be setting… Continue reading Dana’s EV parts plant in Pune to open in Q1 2021