Maturing Indian car and bike market recalls 4.97 million vehicles since 2012

FY2022 saw 13,31,868 vehicles comprising 890,873 two-wheelers and 440,995 PVs voluntarily recalled by OEMs. These 1.33 million units account for 26% of the 4.97 million units recalled till now. In what is an indication of a maturing automobile market, FY2022 saw over 1.3 million vehicles – 13,31,868 units comprising 890,873 two-wheelers and 440,995 passenger vehicles… Continue reading Maturing Indian car and bike market recalls 4.97 million vehicles since 2012

Motorcycles see revival in Q1, rural India buys commuters, midsize market zooms

The first three months of FY2023 have given India Auto Inc a reason to smile. With cumulative wholesales of 4,935,870 units across the passenger vehicle, commercial vehicle, three- and two-wheeler segments, the 55% year-on-year growth lays the foundation for a much-improved fiscal, after the Covid-impacted FY2020 and FY2021. The biggest contributor in term of volume,… Continue reading Motorcycles see revival in Q1, rural India buys commuters, midsize market zooms

Fiat quitting petrol is a mistake | Axon’s Automotive Anorak | GRR – Goodwood Road and Racing

For some months now I’ve been talking to a friend, giving my thoughts on which new car his girlfriend should buy. Having moved from the mean streets of London, down to the narrow leafy lanes of Dorset, my friend has now narrowed down the new car choice to two possible suitors – either a new… Continue reading Fiat quitting petrol is a mistake | Axon’s Automotive Anorak | GRR – Goodwood Road and Racing

@BMW: Peter Hickman stands in for Michael van der Mark at Most WorldSBK event.002142

Munich. Multiple Isle of Man TT winner Peter Hickman (GBR) will stand in for the injured Michael van der Mark (NED) in the BMW Motorrad WorldSBK Team at the coming race weekend in the FIM Superbike World Championship (WorldSBK), in the Czech city of Most (29th to 31st July). This will be Hickman’s second appearance… Continue reading @BMW: Peter Hickman stands in for Michael van der Mark at Most WorldSBK event.002142

Auto companies capex set to cross $3 billion in FY23

Both homegrown auto makers Tata Motors and Mahindra & Mahindra raised their investment plans. Mumbai: As the economy gains momentum and vehicle output witnesses a new record, the automotive market is leading the pace of growth in manufacturing capex in FY23. The automotive market capex is set to cross $3 billion, or ₹27,000 crore, in… Continue reading Auto companies capex set to cross $3 billion in FY23

Grand Vitara bookings suggest preference for strong-hybrid

Almost 54 percent of the 13,000 pre-bookings that Maruti Suzuki has received for the Grand Vitara are for the two strong-hybrid variants – Zeta and Alpha CVT. The company had commenced bookings of its 4.3-metre-long SUV on July 16. While diesel still commands a dominating 51 percent share of the total industry volumes in this… Continue reading Grand Vitara bookings suggest preference for strong-hybrid

Emergence of number of Unorganized and Online-Auto Classifieds as well as the trend toward upgrading vehicles will drive the Used Car Market in Australia: Ken Research

Consumer shift from public transport to personal vehicle amid pandemic with rising demand of used cars. Increasing awareness about buying and selling used cars through the strong advertisements and entry of new players will provide a major boost to market growth. Easy availability of credit for financing pre-owned cars along with attractive interest rates. Entry… Continue reading Emergence of number of Unorganized and Online-Auto Classifieds as well as the trend toward upgrading vehicles will drive the Used Car Market in Australia: Ken Research

With hybrids ruled out, Hyundai backs CNG

On July 13, Hyundai Motor India (HMI) unveiled the latest generation of its flagship SUV, the Tucson which will be brought to India as a completely-knocked-down unit from South Korea and be assembled at the plant in Chennai starting August. The company which sells the SUV’s hybrid variant in overseas markets has no plans to… Continue reading With hybrids ruled out, Hyundai backs CNG