2 min readNew DelhiAug 16, 2019 11:02 AM IST First published on: Aug 16, 2019 at 11:02 AM IST In a regulatory filing, Hero MotoCorp said its manufacturing facilities will be closed from August 15 to 18, 2019. The country’s largest two-wheeler maker Hero MotoCorp on Friday said its manufacturing plants have been shut for…
As part of the plan, the government vowed to increase the share of manufacturing in India’s gross domestic product (GDP) to 25% by 2022, from about 16%, and create 100 million jobs in manufacturing. Boosting India’s economic expansion and creating employment opportunities for millions of youth is one of the major challenges facing the administration…
Toyota Kirloskar Motor today finally launched the next-generation Toyota Hilux pick-up truck in the Indian market. The pickup continues to use the IMV ladder-frame platform and is offered only in the Double Cab body style. The 2026 Toyota Hilux is offered in three variants – the entry-level GX 4×2 AT is priced at Rs 31.99…
2 min readNew DelhiAug 16, 2019 08:45 PM IST MSI Chairman R C Bhargava said contracts of the temporary workers were not renewed due to the slowdown while asserting that permanent workers have not been impacted. (Representational Image) Over 3,000 temporary employees have lost jobs with the country’s largest carmaker Maruti Suzuki India (MSI) due…
Gujarat-based EV startup Avore Electric has entered the Indian electric motorcycle segment with the launch of its first product lineup, the EX series. The new range comprises three models: EX1, EX2 and EX2S, with introductory prices starting at Rs 1.24 lakh, ex-showroom. The launch offer is valid for the first 10,000 customers, after which the…
4 min readNew DelhiAug 18, 2019 01:04 PM IST Lamborghini India is confident of clocking high double-digit sales growth, although it had earlier pegged the outlook for the year at around 60 per cent. (Source: Lamborghini) The ongoing slowdown in the auto industry has also impacted the super-luxury segment but Lamborghini expects sales to grow…
Kawasaki has launched the 2027 Ninja 300 in India at an ex-showroom price of Rs 3.34 lakh, making the entry-level twin-cylinder sportbike Rs 17,000 more expensive than before. While the latest model year update does not bring any mechanical changes, it gets a few cosmetic revisions, updated tyres and fresh graphics. Deliveries of the motorcycle…
2 min readNew DelhiAug 21, 2019 05:10 PM IST Leading two- and three-wheeler makers had opposed the proposal, stating that the transition was totally uncalled for which would hurt the industry and trigger job loss. The Centre has not set any deadline for transition to electric vehicles, a government official said on Wednesday. The comment…
4 min readNew DelhiUpdated: Aug 22, 2019 07:50 PM IST KIA Motors launched the Seltos in India. Korean auto major Kia Motors, which Wednesday rolled out its maiden model, the Seltos, said they will export the mid-sized SUV to as neighbouring countries, as also to South America and Africa shortly. The launch of the new…
Maruti Suzuki has updated the Brezza with refreshed styling, new technology and a significantly expanded feature list, while retaining the familiar four-variant lineup. The compact SUV continues to be offered in LXi, VXi, ZXi and ZXi+ trims. Buyers can also choose from petrol, turbo-petrol, automatic and CNG powertrain options depending on the variant. Here’s a…