This growth demonstrates improvement in chip availability, and the carmaker hopes the situation to improve further in the subsequent months.
The facility will house key functions, including sales, marketing, aftersales, finance, human resources, and corporate communications, among others.
Built on a dedicated EV platform -- the electric-global modular platform (E-GMP), the EV6 marks the beginning of Kia's EV journey in the country.
The company, which manufactures BharatBenz brand of trucks and buses, had registered truck wholesales of 9,624 units in 2020.
The company had posted a consolidated net profit of Rs 377.13 crore in the same quarter of the previous fiscal, Ashok Leyland said in a regulatory filing.
Launched first in 1998, Santro was the only car that allowed Hyundai to compete with Maruti, which rules the small car segment till date.
The new facility, which would come at an 800-acre site at IMT Kharkhoda in Sonipat district, will entail a total investment of Rs 11,000 crore in the first...
Suzuki Motor Corporation announced to invest around 150 billion yen (about Rs 10,445 crore) by 2026, for local manufacturing of Battery Electric Vehicles (BEV)...
The new plant's first phase with a manufacturing capacity of 2.5 lakh units per annum is expected to be commissioned by 2025, subject to administrative...
The company has been reported to be in talks with homegrown auto major Tata Motors to sell its Sanand plant while it is scouting for buyers for the Chennai...
The Kushaq Monte Carlo six-speed manual trim with one-litre petrol engine is priced at Rs 15.99 lakh while the one-litre automatic variant is tagged at Rs...
The company, which started selling its vehicles in India with the launch of the Hector SUV in June 2019, currently has a portfolio including the electric SUV,...
Revenue from operations, however, rose to Rs 6,585 crore during the period under review, as against Rs 6,132 crore a year ago.
The company said its domestic sales last month stood at 54,327 units, while exports were at 17,660 units.
Earlier on April 26, Gadkari had said, if Tesla is ready to manufacture its EVs in India then there is 'no problem', but the company must not import cars from...
Seltos remained the top contributor to Kia's overall sales with 7,506 units, while Sonet and Carnival contributed 5,404 and 355 units, respectively.
Total two-wheelers sales were up 24 per cent at 2,80,022 units last month, as against sales of 2,26,193 units in April 2021.
At 2:36 pm, stocks of Tata Motors were down 1.6 per cent at Rs 430, and stocks of Maruti Suzuki plunged 1.4 per cent at Rs 7,622, respectively.
The NTORQ 125 XT comes with a SmartXonnect connectivity platform and around 60 other features, making it the most tech-advanced scooter on sale in the country.
The automotive industry is still struggling with international chip shortages leading to loss of production. Hero Electric was hit by the same and posted zero...
The electric three-wheeler portfolio of Mahindra Electric includes Treo auto, Treo Yaari, Treo Zor, e Alfa Mini and e Alfa Cargo.
The development comes at the backdrop of eight EV explosions that happened in the span of a month.
The C-Class model was first launched in India in 2001 and at present more than 37,000 such cars are on the roads, Mercedes-Benz India said in a statement.
As part of the partnership, the company's customers can avail of the loan benefits in over 5,700 plus branches of Indian Bank at metro, urban, semi-urban and...
As part of the deal, Lithium Urban will deploy 5,000 XPRES T Electric sedans across the country, for employee transportation. Tata Motors will commence...
