Gasoline, diesel vehicles dominate India’s auto market, EVs lag

Vehicles that run on compressed natural gas, or CNG, mostly preferred by cab operators in India, have seen their market share rising to 11.4% in January-July from 9% in 2014. India’s road transport minister on Tuesday warned local and foreign automakers to either cut production of polluting diesel vehicles or face higher taxes and levies,… Continue reading Gasoline, diesel vehicles dominate India’s auto market, EVs lag

Maruti Suzuki well on time for EVs, adoption to take off from 2025, says Shashank Srivastava

Maruti Suzuki, the country’s largest car maker says that the company gave up on diesel a long time ago and it is well “on time” for its electric vehicles, as it expects the adoption rate to accelerate post 2025. The comment comes on the sidelines of the 63rd SIAM annual convention in National Capital post… Continue reading Maruti Suzuki well on time for EVs, adoption to take off from 2025, says Shashank Srivastava

Maruti Suzuki well on time for EVs, adoption to take off from 2025, says Shashank Srivastava

Maruti Suzuki, the country’s largest car maker says that the company gave up on diesel a long time ago and it is well “on time” for its electric vehicles, as it expects the adoption rate to accelerate post 2025. The comment comes on the sidelines of the 63rd SIAM annual convention in National Capital post… Continue reading Maruti Suzuki well on time for EVs, adoption to take off from 2025, says Shashank Srivastava

Sustainable Mobility takes centre stage at SIAM’s 63rd Annual Convention

The Society of Indian Automobile Manufacturers (SIAM), the apex body representing leading automobile manufacturers of the country, commemorated its 63rd Annual Convention deliberating on the way ahead for Sustainable Mobility. At the 63rd SIAM Annual Convention, the Prime Minister of India, Narendra Modi in his message mentioned that for over six decades, SIAM has been serving the Nation admirably. He… Continue reading Sustainable Mobility takes centre stage at SIAM’s 63rd Annual Convention

Auto industry views Gadkari’s diesel tax hike proposal as a wake-up call

With the Union Minister for Road Transport and Highways, Nitin Gadkari, mulling the levy of a 10% GST or a pollution tax on diesel vehicles, auto industry leaders have dubbed this as a “wake-up call to transition to green fuels” and a “radical move” for industry members still working with a diesel-heavy portfolio. Speaking at… Continue reading Auto industry views Gadkari’s diesel tax hike proposal as a wake-up call

Auto stocks react on government’s suggestion to impose 10% tax on diesel engines

Auto stocks were trading lower on the back of Union Minister Nitin Gadkari’s announcement, proposing to levy an additional 10% GST tax on vehicles, but then recovered gains, upon the minister’s clarification. Speaking at the 63rd SIAM convention, the Minister for Roads, Transport and Highways stated that he would ask the FM to impose this… Continue reading Auto stocks react on government’s suggestion to impose 10% tax on diesel engines

@Tata-JLR: JAGUAR LAUNCHES EXCLUSIVE CAR SHARING PILOT WITH THE ALL-ELECTRIC I-PACE IN TWO MAJOR CITIES

About Jaguar Jaguar will transform into an all-electric luxury brand by 2025, with uniquely expressive vehicles defined by pioneering technologies and visionary design. A copy of nothing. We are already on the journey to electrification, with a curated range of electric hybrid and full electric models. Today’s Jaguar range comprises the I-PACE all-electric performance SUV,… Continue reading @Tata-JLR: JAGUAR LAUNCHES EXCLUSIVE CAR SHARING PILOT WITH THE ALL-ELECTRIC I-PACE IN TWO MAJOR CITIES

German Manager Magazine: BMW: Electric Mini will be built in Oxford and Swindon from 2026002725

BMW will also be building the electric Mini in England in the future with government support. The Munich car manufacturer announced on Monday that more than 600 million pounds (560 million euros) would be invested in the Swindon and Oxford locations. From 2026, the two new fully electric models Mini Cooper as a three-door and… Continue reading German Manager Magazine: BMW: Electric Mini will be built in Oxford and Swindon from 2026002725

August 2023 auto wholesales grow 3.45% to 19,90,695 units

Passenger vehicle wholesales were up 9.4% to 3,59,228 units in August 2023 as against 3,28,376 units in the same month of last year. New Delhi: Total automobile wholesales in August 2023 reported a growth of 3.45% to 19,90,695 units with year-on-year sales in the green across the segments. In August 2022, the industry recorded total… Continue reading August 2023 auto wholesales grow 3.45% to 19,90,695 units

German Handelsblatt: Car manufacturer: BMW subsidiary Mini produces two new electric models in Oxford007673

Mini factory in Oxford Mini had originally indicated that it wanted to relocate almost all of the production of its electric models to China and only manufacture combustion engines in Oxford. (Photo: dpa) BMW is investing hundreds of millions of pounds in its mini factory in Great Britain and will produce two new electric models… Continue reading German Handelsblatt: Car manufacturer: BMW subsidiary Mini produces two new electric models in Oxford007673