India’s appetite for compact vehicles – defined as being less than 4 metres in length – seems to be waning. Despite a preferential taxation regime, the share of sub-4 metre compact vehicles, has fallen from 62% in 2021 to 50% in 2023. The number of models on offer in this segment is also down to … Read more
Chennai, The Renault Nissan Alliance, a joint venture between automakers Japan-based Nissan and France headquartered Renault would launch four new products in the near future, a top official said here on Wednesday. Renault Nissan Alliance Chairperson Jean-Dominique Senard said India is at the heart of the alliance and every part of car manufacturing happens at … Read more
Boosted by strong electric vehicle sales, Chinese car makers will be in the spotlight at the Bangkok International Motor Show this week, underscoring the growing challenge to Japanese auto giants that have long dominated Thailand’s vehicle market. Chinese automakers such as Geely’s Zeekr and state-owned Xpeng Motors are slated to unveil their latest EVs to … Read more
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 year-end sales promotions. As per data available with industry body Society of Indian Automobile Manufacturers (SIAM), the previous record for passenger vehicle sales was 391,811 … Read more
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 for the country’s ambitious climate goals, especially its aim to reduce carbon dioxide emissions by 45% by 2030 from the 2005 levels. Indian makers of … Read more
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 new battery-run vehicles as part of the transition to electric. This will be the highest number of new model introductions in the non-luxury segment in … Read more
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 lose steam. Easing of demand post festivals that had pushed up inventory coupled with last year’s high base impact nudged automakers to cut dispatches. December … Read more
DETROIT, Mich. and TOLEDO, Ohio — Whether they are brand-new temps or 25-year veterans, the auto workers battling the “Big Three” in an unprecedented strike say they are fighting to restore their jobs to the gold-standard working-class careers they were in previous generations. Wages in the auto industry writ large have dropped nearly 20% since … Read more
