Automobiles

NEW DELHI: The much-anticipated Rs 6,145 crore initial public offering (IPO) of electric two-wheeler company Ola Electric received a dull response, with the issue being subscribed only 35 per cent or 0.35 times on the first day of the…

NEW DELHI: Despite partial relief from the intense heat wave and election fervour subsiding completely, passenger vehicle (PV) sales remained under pressure in July 2024 with the top 3 carmakers reporting a dip in sales. The fall comes even…

Mumbai: On the back of cost reduction efforts and favourable commodity prices, the country’s largest carmaker - Maruti Suzuki India (MSIL) - reported a 47% growth in its June quarter (Q1FY25) profit after tax (PAT) to Rs 3,650 crore. The…

MUMBAI: The homegrown automaker Mahindra & Mahindra has reported a marginal 5.3 percent year-on-year fall in standalone net in the June quarter at Rs 2,613 crore despite a healthy topline growth and robust margins. The city-based…

The current ethanol production capacity of 1,364 crore litre is spread across most of the states of the country, including the ethanol surplus states of Uttar Pradesh, Maharastra and Karnataka.

NEW YORK: Tesla reported a hefty drop in second-quarter profits Tuesday due to the effect of price cuts while spending aggressively on autonomous driving and other technology. Elon Musk's electric vehicle company reported profits of $1.5…

Three of the five upcoming launches are going to be in the mass market category while the rest two would cater to the premium market.

A total talent investment of Rs 13,552 crore is expected for hiring and training the workforce.

The sector is anticipating sops from the government to boost the battery and charging infrastructure, rationalise tax structure and support R&D capabilities.

Barrier-free toll collection to revolutionize highway travel, GNSS-based system to allow high-speed transit and distance-based charges

Overall shipments stood at 11,92,577 units in the first quarter the current fiscal year, as compared with 10,32,449 units in the same period of the last fiscal.

The company has commissioned 166 new primary substations with 55 per cent of them being automated.

Aided by growing class of high disposable income consumers, India’s top two players in this segment registered their best-ever first-half-year sales in calendar year 2024.

The bike offers a 330 km range combined with 65 km per liter from its 2-liter petrol tank and the rest from the 2-liter CNG tank

In the domestic market, however, Hero MotoCorp maintained its lead by a meagre 9,000 units.

Mumbai: Maruti Suzuki India sold 179,228 units in June, compared to 159,418 units in the same month last year, it said on Monday. In the April-June period of the current fiscal (FY25), the company sold 521,868 vehicles, compared…

Seoul: Hyundai Motor and its labour union on Friday reached an agreement to hire 1,100 new manufacturing workers by 2026. The agreement was reached in the tenth round of negotiations related to wages and working conditions held at…

Seoul: South Korea's car exports are forecast to reach a record high this year, driven by solid demand for eco-friendly models and Sport Utility Vehicles (SUVs), an industry association said on Sunday. According to the Korea…

New Delhi: In a bid to boost the safety and quality of electric vehicles (EVs), the Bureau of Indian Standards (BIS) on Saturday introduced two new standards. The two new standards -- 'IS 18590: 2024' and 'IS 18606: 2024' --…

Seoul; A new car manufacturing plant by Hyundai Motor, South Korea's largest automaker, under construction in the US state of Georgia will prioritise producing electric vehicles despite a temporary fluctuation in market demand, the…