Tag: Tata

Automobile retail sales rise 11% in Sep on festive fervour, better supplies

Similarly, two-wheeler registrations saw an increase of 9 per cent at 10,15,702 units last month as compared with 9,31,654 units in September last year. NEW DELHI: Automobile retail sales in India rose 11 per cent in September as better supplies from manufacturers enabled dealers to ramp up customer deliveries amid the ongoing festive period, Federation… Continue reading Automobile retail sales rise 11% in Sep on festive fervour, better supplies

Women taking driver’s seat in EV industry

Representative Image Women professionals are emerging as the preferred choice in India’s burgeoning electric vehicle (EV) industry with legacy companies as well as startups seeking better gender balance at workplaces. For every 10 new hires in the EV sector, six tend to be women skilled in business modelling, design redevelopment, e-mobility and renewable energy management,… Continue reading Women taking driver’s seat in EV industry

Why GM’s Cruise division is bullish despite losing $5m a day

Currently reading: Why GM’s Cruise division is bullish despite losing $5m a day Europe-bound General Motors’s autonomous driving arm lost $500m in Q2 2022, but bosses anticipate a turnaround Open gallery GM CEO Mary Barra said in July that Cruise could eventually raise $50 billion per year Cruise currently uses a fleet of adapted Chevrolet… Continue reading Why GM’s Cruise division is bullish despite losing $5m a day

Auto Wholesales in Sept 2022: PVs scale new heights, CVs look up, 2Ws seem positive

The wholesales in September 2022 suggest a good festive season. New Delhi: This time last year, the automotive industry was struggling to wriggle out of the woods. It was weighed down by the persisting damage of the COVID second wave, input cost push and supply chain challenges. However, halfway through the current financial year, automobile… Continue reading Auto Wholesales in Sept 2022: PVs scale new heights, CVs look up, 2Ws seem positive

CFOs review capex plans amid global growth worries, rising interest rates

Finance leaders in companies are reviewing their capital investments for the current year with interest rates continuing to rise and the global demand environment looking increasingly uncertain. Last week, the Reserve Bank of India (RBI) hiked repo rates by another 50 basis points, taking them to 5.9%. Rates have been raised by 190 basis points… Continue reading CFOs review capex plans amid global growth worries, rising interest rates

Buying an EV may not be a luxury soon as competition heats up

By 2030, the top EV sellers by volume in India’s PV market will be Tata Motors, Maruti Suzuki, Mahindra & Mahindra, Hyundai and Kia, according to LMC Automotive, a consultancy firm. In India, electric cars have been too costly for many. But when Tata Motors launched its Tiago EV (electric vehicle) earlier this week, it… Continue reading Buying an EV may not be a luxury soon as competition heats up

Local carmakers ramp up aftersales service

Visitors look at a car on display during an industry expo in Changde, Hunan province. [Photo/Xinhua] Car buyers are more satisfied with Chinese marques’ aftersales service this year than before, according to a J.D. Power study. The annual China Customer Service Index Study measures customer satisfaction based on six factors, including service team, service quality… Continue reading Local carmakers ramp up aftersales service

Tata Group to hive off four startups to Digital

Tata Industries is an investment holding company and has incubated and promoted new business ventures. Tata Industries is set to hive some of its significant startup businesses such as Tata Cliq, Tata Cliq Luxury, Tata CLIQ Palette and Tata Health off to Tata Digital in the next two weeks as part of a move to… Continue reading Tata Group to hive off four startups to Digital