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Business Television India Automobile News

  • Automobile

    Hyundai's Full Electric SUV Kona Gets 120 Bookings In 10 Days

    New Delhi: Hyundai Motor India Ltd (HMIL) Friday said it has received 120 confirmed bookings for its newly launched full electric SUV Kona. The Kona electric vehicle (EV) was launched in India on July 9, 2019 priced at Rs 25.3 lakh. The company claims that the vehicle delivers a range of 452 km in one single charge under standard testing conditions. HMIL National Sales Head Vikas Jain...

    • 20 hrs ago
  • Automobile

    Govt Asserts Subsidy For EVs Only For Commercial Vehicles, Not Personal Usage

    New Delhi: The government Friday asserted that subsidies for the promotion of electric mobility in India will be only for commercial vehicles, and automobiles for personal usage will not be included. Speaking at an event here, Minister of State for Heavy Industries and Public Enterprises Arjun Ram Meghwal said the government expects India to adopt electric vehicles...

    • yesterday
  • Automobile

    MG Motor stops Hector bookings sold out for 2019; to hike production from Oct

    New Delhi: MG Motor India said it has temporarily stopped bookings for its newly launched SUV Hector following orders of over 21,000 units, thus selling out for the ongoing calendar year. The company will increase production of the new SUV to 3,000 units from October as part of plans to cater to the increasing demand gradually over the next few months, MG Motor India...

    • 2 days ago
  • Automobile

    Electric Vehicles A Huge Opportunity For India: Niti Aayog Chief Kant

    New Delhi: The electric vehicle segment is a big opportunity for Indian manufactures and they should look at not only producing such models for the domestic market but also exports, Niti Aayog Chief Executive Officer Amitabh Kant said Wednesday. Speaking at the inaugural session of the 'Entrepreneur 2019', Kant also emphasised on the road map to make India a USD...

    • 3 days ago
  • Automobile

    Tesla Cuts Prices On Vehicles Shipped To China; Stock Drops

    Tesla Inc. cut prices for all vehicles shipped to China to help boost sales in its second-largest market. Tesla is adjusting prices "in order to continue to improve affordability for customers," the Chinese unit said in a statement. "We are standardizing our global vehicle lineup and streamlining the number of trim packages offered for Model S, Model X and Model 3."...

    • 4 days ago
  • Automobile

    Passenger Vehicle Sales Dip 4.6% In June: FADA

    New Delhi: Automobile dealers' body FADA Tuesday said retail sales of passenger vehicles (PV) in June declined by 4.6 per cent to 2,24,755 units as compared to the same period last year, hit by liquidity issues and delayed monsoon. According to Federation of Automobile Dealers Associations (FADA), PV sales stood at 2,35,539 units in June 2018.  PV wholesales, on the other hand, declined by...

    • 4 days ago
  • Automobile

    TVS Motor Company Launches Ethanol-Powered Bike

    New Delhi: TVS Motor Company on Friday launched ethanol-powered bike TVS Apache RTR 200 Fi E100, priced at Rs 1.2 lakh. The company said the new model would be available for sale in sugarcane-producing Maharashtra, Uttar Pradesh and Karnataka, to begin with. Currently, there are no ethanol fuelling stations in the country. But, speaking at the launch event here, Road Transport and Highways Minister...

    • a week ago
  • Automobile

    Tata Motors Global Sales Dip 5% In June

    New Delhi: Tata Motors Thursday reported a 5 per cent decline in global sales, including that of Jaguar Land Rover, to 95,503 units in June. It had sold 1,00,135 units in June last year. Global wholesale units of all Tata Motors' commercial vehicles and Tata Daewoo range last month stood at 38,846 units, down 12 per cent from 44,229 units a year ago, the company said in a statement. The company's...

    • a week ago
  • Automobile

    Passenger Vehicle Sales Fall 18% In June; Car Sales Decline 25%: Siam

    New Delhi: Domestic passenger vehicle (PV) sales declined by 17.54 per cent to 2,25,732 units in June from 2,73,748 units in the year-ago period. Domestic car sales were down 24.97 per cent to 1,39,628 units as against 1,83,885 units in June 2018, according to data released by the Society of Indian Automobile Manufacturers (SIAM) Wednesday. Motorcycle sales last month...

    • a week ago
  • Automobile

    Govt Targeting 6-7 Million Sales Of Hybrid, EVs By 2020

    New Delhi: The government has a target to achieve 6-7 million sales of hybrid and electric vehicles by 2020 under the National Electric Mobility Mission Plan (NEMMP), Parliament was informed on Monday. The NEMMP 2020 is a national mission document providing the vision and the road map for faster adoption of electric vehicles and their manufacturing in the country. The plan has been designed...

    • 2 weeks ago

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