Tata Consumer Products became the sixth firm among the listed Tata Group companies to cross the market capitalisation of Rs 1 lakh crore. In Friday’s trade, Tata Consumer stock rose 3.8% to cross this milestone. Apart from Tata Consumer, Tata Consultancy Services (TCS), Titan, Tata Motors, Tata Steel, and Trent have crossed the market cap … 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
Automaker giant Tata Motors on Tuesday announced that it has bagged an order to supply 1,350 units of diesel bus chassis from the Uttar Pradesh State Road Transport Corporation. The order is for the company’s Tata LPO 1618 diesel bus chassis that has been developed for intercity and long-distance travel, the company said in a … Read more
Indian carmakers have rolled out more sports utility vehicles than all other types of passenger vehicles combined in the last two years and the trend is likely to continue with many new SUVs proving instant hits. The number of SUV launches hit a new high this calendar year at 108, reaching the three-figure mark for … Read more
Indian automobile manufacturer Tata Motors on Sunday announced that it will hike the prices of commercial vehicles by up to 3 per cent with effect from January 1, 2024. Informing the exchanges, the company said that the price increase is to offset the residual impact of the past input costs. Further, the hike will be … Read more
New Delhi: German luxury carmaker BMW on Monday said it will increase the prices of its vehicles by up to 2 per cent across the model range from January 1 to partially offset the adverse impacts of fluctuations in foreign exchange rates and rising input costs. BMW India’s decision to implement a price increase across … Read more
New Delhi: Tata Motors recorded its highest-ever monthly retail sales in November on the back of robust demand for its sports utility vehicles amid the festive period, according to a top company official. In an interaction with PTI, Tata Motors Passenger Vehicles Managing Director Shailesh Chandra said the automaker retailed around 53,000 units in November, … Read more
Volkswagen Passenger Cars India on Tuesday said it plans to hike prices by up to 2 per cent across model range to offset adverse impact of rising input and material costs from January 1, 2024. Already other manufacturers such as Maruti Suzuki, Hyundai Motor India, Tata Motors, Mahindra & Mahindra, Honda, Audi and BMW, have … Read more
A Bengaluru resident took to social media to highlight his dissatisfaction after receiving a brand-new Tata Nexon that he claimed was ‘defective’. Sharath Kumar took to Instagram to share a video documenting his experience with purchasing the SUV for Rs 18.2 lakh from a dealer in Bengaluru. In the video, he meticulously highlighted several issues … Read more
After posting record-breaking volumes in 2023, Indian automobile industry is driving into the new year aware of a lurking moderation in sales growth but ready to embrace green technologies, led by electric vehicles. Passenger vehicle sales are expected to cross 40 lakh units this year and prices are set to rise from January. Veteran industry … Read more
