Tata Motors is set to advance the annual maintenance shutdown of its passenger vehicle plants due to mounting stockpiles-equivalent to up to two months of sales-amid slowing sales across its petrol, CNG and electric cars, multiple people aware of the company’s plans said. This is to align production with demand and correct the stock before … Read more
Mumbai: Auto major Mahindra and Mahindra (M&M) Ltd on Tuesday said its SUV (sports utility vehicle) domestic sales surged 24 per cent to 51,062 units in September compared to the same month of last year. The company had sold a total of 41,267 SUVs in the domestic market in September 2023, according to a statement. … Read more
JSW Group on Tuesday said it has appointed Rajiv Mehta as Chief of Business of its mobility arm JSW Auto. Based out of the company’s headquarters in Mumbai, Mehta will report to Parth Jindal and also work very closely with Sajjan Jindal, Chairman of the JSW Group. “Mehta comes on board at JSW Auto at … Read more
Mahindra & Mahindra on Monday expanded its light commercial vehicle (LCV) range with a new product range based on an all new platform developed at an initial investment of Rs 900 crore. The company has introduced “Veero” light commercial vehicle in the less than 3.5 tonne range with both diesel and CNG trims, with price … Read more
Carmakers are offering deeper discounts in a desperate push to entice buyers and clear inventory as sales remain sluggish. Starting this month, the level of discounts has risen to 12-14% of the average selling price (ASP) of a vehicle from 10-12% in August. For some models, total discounts offered are well over ₹3 lakh which … Read more
Good morning! It’s Wednesday, September 11, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Karen Fukuhara Is A Very Happy Jeep Owner 1st Gear: Harris, Trump Battle Over Auto Industry On September … Read more
Mahindra & Mahindra on Monday said its total wholesales increased 9 per cent year-on-year to 76,755 units in August. The company’s total dispatches to its dealers stood at 70,350 units in August 2023. The Mumbai-based auto major’s passenger vehicle sales in the domestic market rose 16 per cent to 43,277 units last month against 37,270 … Read more
Mahindra & Mahindra (M&M) and Skoda Auto Volkswagen India (SAVWIPL), the Volkswagen Group’s wholly owned India subsidiary, are in advanced stages of forming a 50:50 joint venture to share costs, technology and vehicle platforms for future product development. While the scope of the JV will also include fossil fuel-based models, it will largely focus on … Read more
MUMBAI: Automakers are in the process of tweaking the design, shapes and body styles to inject freshness into SUVs, which after topping the sales charts for several years are now facing sluggish demand. A body style that is finding favour with several of them is coupé, with Citroen and Tata Motors already launching SUVs with … Read more
BSA, the iconic British motorcycle brand, will debut in India on August 15 with the Gold Star model, amplifying choices for enthusiasts while intensifying competition in the growing market for middleweight motorcycles. Mahindra & Mahindra-owned Classic Legends has been producing the 652cc motorcycle Gold Star at its plant in Pithampur, Madhya Pradesh for about two … Read more
