Maruti Suzuki will announce the safety ratings for its Grand Vitara, Brezza, and Baleno models from the Bharat New Car Assessment Programme (BNCAP) on May 8, say reliable sources who spoke to Autocar Professional. The local arm of the Japanese carmaker which sent the Grand Vitara, Brezza, and Baleno models for safety ratings, will be… Continue reading Maruti to announce safety ratings by BNCAP next week
Category: US Motoring Press
REC to offer financing for 50,000 e-buses over the next 2-3 years
Rural Electrification Corporation (REC) Ltd almost tripled its funding for electric buses to roughly 10,000 buses in FY24. The disbursal grew from Rs 2439 crore in FY23 to Rs 7124 crore, underlying strong traction for electric buses across State Transport Undertakings across the country. Vivek Kumar Devangan, Chairman and Managing Director of government-backed REC… Continue reading REC to offer financing for 50,000 e-buses over the next 2-3 years
Bajaj Auto begins exporting Qute to Egypt, electric Qute in the works
Pune-based auto major Bajaj Auto, which wrapped up FY2024 with domestic market sales of 22,37,118 two-wheelers (up 24% YoY) and 463,413 three-wheelers (up 54% YoY), and was India’s top exporter of both two-wheelers (1.47 million units, down 10%) and three-wheelers (154,694 units, down 15%), is set to receive a new charge with its four-wheeled product.… Continue reading Bajaj Auto begins exporting Qute to Egypt, electric Qute in the works
From the archive: the ill-fated communist car revolution
In the late 1980s, the Eastern bloc’s communist governments realised their countries’ potential for car making and owning and strove to supersede their terrible old smokers with modern metal. “We’ve decided to increase our car production from 1.3m in 1987 to 2.5m by 1995,” said Valentin Morozov, the car industry’s first deputy minister in the… Continue reading From the archive: the ill-fated communist car revolution
Audi CEO on his biggest challenges: “I’ve never seen anything like it”
When Gernot Döllner arrived in Ingolstadt in September last year to start his new role as CEO and chairman of Audi, he probably found quite the to-do list in a bulging in-tray. Shortly before Döllner’s appointment, Volkswagen Group chair Oliver Blume described Audi as “lagging [behind] the competition”. That’s why the job had become vacant… Continue reading Audi CEO on his biggest challenges: “I’ve never seen anything like it”
Tesla Pullback Puts Onus on Others to Build Electric Vehicle Chargers
Elon Musk, the chief executive of Tesla, blindsided competitors, suppliers and his own employees this week by reversing course on his aggressive push to build electric vehicle chargers in the United States, a major priority of the Biden administration. Mr. Musk’s decision to lay off the 500-member team responsible for installing charging stations, and to… Continue reading Tesla Pullback Puts Onus on Others to Build Electric Vehicle Chargers
Hyundai delays Alcazar facelift launch to festive season this year
Following the updated Creta, Hyundai’s next big launch this year will be the Alcazar facelift. The SUV has been spied testing on our roads before, and although we reported its launch is slated for some time in mid-2024, Autocar India now understands that the launch has been delayed by a few months, which means the Alcazar facelift is now expected… Continue reading Hyundai delays Alcazar facelift launch to festive season this year
New Porsche Panamera debuts in India; deliveries commence today
Deliveries for the all-new Porsche Panamera will begin from today, the German brand has announced as the third-gen model makes its India debut. At the international unveiling of the new Panamera, Porsche had said that bookings were to begin shortly. As we had reported then, the new Panamera for India will only be available with the V6… Continue reading New Porsche Panamera debuts in India; deliveries commence today
Two-wheeler exports finally on the upswing: Bajaj, TVS, Honda and Hero lead the charge
Five months into CY2024, the Indian two-wheeler industry is well placed to achieve strong numbers this year. While domestic market wholesales are posting strong double-digit growth on the back of a much-awaited rural India recovery, export demand for made-in-India two-wheelers is finally beginning to see the green shoots of recovery. This comes after a fairly… Continue reading Two-wheeler exports finally on the upswing: Bajaj, TVS, Honda and Hero lead the charge
NACOF Ooorja launches SPV for sustainable farming advancement in India
NACOF Ooorja, a prominent Renewable Energy developer backed by NACOF, a multi-state Cooperative Society under the Ministry of Agriculture, has introduced a Special Purpose Vehicle (SPV) named E Astra NACOF Ooorja Pvt Ltd. The SPV aims to advance sustainable farming practices and enhance agricultural profitability in India. E Astra NACOF Ooorja will serve as NACOF… Continue reading NACOF Ooorja launches SPV for sustainable farming advancement in India