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automakers

New policy cuts import duty on EVs with certain riders, likely to benefit global automakers like Tesla

by Merchant Moller
New policy cuts import duty on EVs with certain riders, likely to benefit global automakers like Tesla

New Delhi: The central government Friday approved a new electric vehicle (EV) policy under which companies setting up EV manufacturing facilities in the country will be allowed limited import of …

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Auto dispatches scale new peak as dealers stock up post year-end sales

by Nevil Nickel
Auto dispatches scale new peak as dealers stock up post year-end sales

Automakers dispatched 393,074 units of cars, utility vehicles and vans last month, a 14% increase from a year earlier and the highest on record, as dealers restocked inventories depleted during …

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Renault India plans to launch five products in next three years

by Mark McDuffie
Renault India plans to launch five products in next three years

New Delhi: As part of its strategy to turn around its business in India, French carmaker Renault plans to launch five products here over the next three years while also …

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Passenger vehicle makers miss fuel efficiency targets

by Nevil Nickel
Passenger vehicle makers miss fuel efficiency targets

India has missed its fuel efficiency target for passenger vehicles in the last financial year, the first time since the initiative’s inception five years ago. This could have major repercussions …

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With slew of new launches, Auto Inc set for a happy new year

by Nevil Nickel
With slew of new launches, Auto Inc set for a happy new year

Mumbai: More than two dozen new car models will be unveiled or go on sale in 2024 as automakers ride on the momentum of the past two years and launch …

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Passenger Vehicles: Sharp correction in December dispatches for Passenger Vehicles in India indicates market slowdown

by Nevil Nickel
Passenger Vehicles: Sharp correction in December dispatches for Passenger Vehicles in India indicates market slowdown

Passenger vehicle (PV) makers are estimated to have taken a sharp correction in dispatches to dealers in December, indicating that sales in Asia’s third largest auto market are beginning to …

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Car companies expect record sales this year on bumper festive demand

by Nevil Nickel
Car companies expect record sales this year on bumper festive demand

New Delhi: Car sales in the country are expected to hit a new peak this calendar year, breaching initial estimates by nearly a quarter of a million units amid strong …

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Automakers bet on more than just AI to make automobiles ‘gadget-like’

by Nevil Nickel
Automakers bet on more than just AI to make automobiles ‘gadget-like’

Chennai: It is not just AI, automakers are getting big on a number of technologies to make automobiles gadget-like, industry experts told ET. “The mix of 5G, cloud, and edge …

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French EV Subsidies: Carmakers apply for French EV subsidies under more stringent rules

by Nevil Nickel
French EV Subsidies: Carmakers apply for French EV subsidies under more stringent rules

Automakers will from Tuesday submit the specifications of their electric vehicles to French authorities in the hope they can continue to benefit from subsidies under new conditions that are likely …

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Modulus Alternatives infuses Rs 105 crore in Shivam Autotech, commits total investment of Rs 150 crore

by Nevil Nickel
Modulus Alternatives infuses Rs 105 crore in Shivam Autotech, commits total investment of Rs 150 crore

Private credit platform Modulus Alternatives Investment Managers Ltd on Wednesday said it has infused Rs 105 crore in transmission gear and shafts maker Shivam Autotech as part of its commitment …

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