1 min readTokyoAug 2, 2019 02:01 PM IST Tokyo-based Honda Motor Co.’s April-June profit totaled 172.3 billion yen ($1.6 billion), down from 244.3 billion yen. Japanese automaker Honda reported Friday a 29 per cent decline in fiscal first quarter profit as an unfavorable currency exchange and declining auto sales in the US and India hurt…
1 min readNew DelhiAug 1, 2020 12:03 PM IST The company had sold 57,310 units in the same month last year, HMIL said in a statement. (AP) Hyundai Motor India Ltd (HMIL) on Saturday reported a 28 per cent decline in total sales to 41,300 units in July. The company had sold 57,310 units in…
Toyota Kirloskar Motor (TKM) has issued an official statement after videos posted by a Toyota Innova Hycross owner from Bihar went viral on social media, clarifying that the issue was caused by contaminated fuel and not by the use of E20 petrol.The controversy began after Bihar-based YouTuber Manish Kashyap shared two videos claiming that his…
2 min readNew DelhiSep 4, 2019 10:28 PM IST The Rissala Electric Motors Pvt Ltd introduced a range of e-scooters including, Polo, Derby, Pony and Warrior. Making its debut in electric vehicles, Evelot has launched a range of e-scooters and Warrior electric quad bikes. Minister of Road Transport Nitin Gadkari launched the Evelot e-scooter to…
Skoda Auto India today finally launched the new Skoda Kodiaq RS in the Indian market, priced at Rs 66.99 lakh (ex-showroom). The limited-run performance SUV quickly attracted strong interest from enthusiasts across the country, and all 50 units from the initial allocation have already been booked. With all 50 units now sold out, it remains…
Kawasaki India has announced new offers on the Versys-X 300, making its entry-level adventure touring motorcycle more affordable. The company is offering cash discounts on both the MY25 and MY26 versions, along with complimentary accessories worth up to Rs 46,000 for a limited period.As part of the latest scheme, the MY25 Kawasaki Versys-X 300 is…
4 min readGurgaonApr 22, 2020 02:14 PM IST First published on: Apr 22, 2020 at 02:08 PM IST Officials from Maruti Suzuki, however, said they are still unclear on if and when they will resume operations, saying the plant “cannot operate in isolation”. India’s automobile manufacturer Maruti Suzuki India Limited (MSIL) Wednesday received permission from…
Skoda Auto India today announced the introduction of two new colours to the Skoda Slavia Monte Carlo edition. Skoda will produce only 200 units of the Slavia Monte Carlo in the newly introduced colour options. Despite the exclusive paint finishes, prices remain unchanged at Rs 16.69 lakh to Rs 18.19 lakh (ex-showroom). Interested customers can…
4 min readNew DelhiJan 17, 2025 08:58 AM IST First published on: Jan 17, 2025 at 05:30 AM IST At a time when electric vehicle (EV) demand is going through a sluggish phase globally, battery electrics are expected to take centre stage at the Auto Expo 2025 that opens Friday, with the country’s biggest carmaker,…
4 min readLondonJul 23, 2021 07:54 AM IST Mercedes-Benz maker Daimler plans to invest more than 40 billion euros ($47 billion) by 2030 to be ready to take on Tesla in an all-electric car market, but warned the shift in technology would lead to job cuts. Outlining its strategy for an electric future, the inventor…