Powered by: Motilal Oswal

News

Kia to launch compact SUV `Syros` in India next year Kia, South Korea's second-biggest carmaker by sales, said on Sunday it will launch the compact SUV “Syros" in India next year to boost sales.  Kia, the maker of K5 sedans and Sorento SUVs, unveiled the new model for the first time in India on Sunday. The Syros SUV will be released in two trims, one with a 1.0-liter gasoline turbocharged engine and the other with a 1.5-litre diesel engine, the company said in a press release. Starting with sales in India, Kia plans to...
Kia to launch compact SUV `Syros` in India next year
Kia to launch compact SUV `Syros` in India next year
Source: IANS
2024-12-22 04:28:00 pm
India`s Zoomcar to launch cab rental product to test demand in larger market  Zoomcar will launch a chauffeur-driven cab rental product in the southern Indian city of Bengaluru as it looks to test the waters in a larger part of the transportation market, the self-drive car-sharing platform told Reuters on Friday. The move comes months after the cash-strapped company terminated co-founder Greg Moran as CEO after an over a decade-long tenure at the helm that saw the firm go public in the United States. Zoomcar could face stiff competition in a market dominate...
India`s Zoomcar to launch cab rental product to test demand in larger market
India`s Zoomcar to launch cab rental product to test demand in larger market
Source: Reuters
2024-12-21 10:39:20 am
Hyundai, Kia`s Europe sales down 10.5 pc in November  Combined vehicle sales of leading South Korean automakers Hyundai Motor and Kia in Europe fell 10.5 per cent in November from a year ago, industry data showed on Thursday.  According to the data from the European Automobile Manufacturers' Association (ACEA), Hyundai and Kia sold a combined 79,744 units in Europe last month. ACEA data showed Hyundai Motor's sales dropped 12.5 percent on-year to 39,592 units, while those of Kia dropped 8.4 percent to 40,152 units. Th...
Hyundai, Kia`s Europe sales down 10.5 pc in November
Hyundai, Kia`s Europe sales down 10.5 pc in November
Source: IANS
2024-12-20 09:07:16 am
First India-manufactured 2025 Range Rover Sport adds to India growth story Global automaker Range Rover on Thursday announced the start of sales for the 2025 'Made in India' Range Rover Sport in the country.  The ‘2025 Range Rover Sport’ – the first made-in-India vehicle exclusively for the country– is now available in smooth and powerful 3.0l Petrol Dynamic HSE and 3.0l Diesel Dynamic HSE variants, the Tata Motors Group company said in a statement. The pricing of the New Range Rover Sport now starts at Rs 1.45 crore, ex-sh...
First India-manufactured 2025 Range Rover Sport adds to India growth story
First India-manufactured 2025 Range Rover Sport adds to India growth story
Source: IANS
2024-12-19 04:43:55 pm
Maruti Suzuki India achieves 2 million units in a calendar year for 1st time  Maruti Suzuki India on Tuesday announced a production milestone of 2 million vehicles in a calendar year for the first time in its history.  The automaker also became the first among Suzuki Motor Corporation’s global automobile manufacturing facilities to reach this landmark. Of the 2 million vehicles, almost 60 per cent were manufactured in Haryana and 40 per cent in Gujarat. “The 2 million production milestone is a testament to India’s manufacturing pot...
Maruti Suzuki India achieves 2 million units in a calendar year for 1st time
Maruti Suzuki India achieves 2 million units in a calendar year for 1st time
Source: IANS
2024-12-17 03:22:25 pm
Chinese automaker Chery launches new model in Israel Chinese carmaker Chery began selling a new model in Israel on Sunday, as announced by its official Israeli dealership, Freesbe. The new model, Arrizo 8, is a plug-in hybrid mid-size sedan equipped with a 1.5-liter turbine engine. It can accelerate from 0 to 100 km/h in 7.8 seconds and reach a top speed of 185 km/h, with a pure electric range exceeding 100 km, Xinhua news agency reported. Chery entered the Israeli market in November 2022 and has since offered the gasoline-powered crossov...
Chinese automaker Chery launches new model in Israel
Chinese automaker Chery launches new model in Israel
Source: IANS
2024-12-16 09:00:13 am
Hyundai Motor to join Google to advance software capabilities for future mobility South Korean auto giant Hyundai Motor Group said on Thursday it will join hands with Google to strengthen its automotive software system and deliver next-generation navigation and infotainment experiences for drivers.  Under the partnership, Hyundai Motor will adopt Google's Android Automotive Operating System (AAOS) and use Google Maps' geolocation information service, called the Places API, to upgrade its navigation capabilities, according to company officials. Rather tha...
Hyundai Motor to join Google to advance software capabilities for future mobility
Hyundai Motor to join Google to advance software capabilities for future mobility
Source: IANS
2024-12-12 09:56:33 am
Tata Motors, Kia India to increase prices across passenger vehicles portfolio  Tata Motors on Monday announced to hike prices by up to 3 per cent across its passenger vehicles (PVs) portfolio, including electric vehicles (EVs).  Effective from January, the price increase will vary depending on model and variant, and is being taken to partially offset the rise in input costs and inflation, said the automaker. Kia India also announced up to 2 per cent price hike across its entire lineup, effective from January 1, “primarily due to rising commodity p...
Tata Motors, Kia India to increase prices across passenger vehicles portfolio
Tata Motors, Kia India to increase prices across passenger vehicles portfolio
Source: IANS
2024-12-09 04:58:34 pm
Maruti Suzuki, JSW MG Motor hike car prices following Hyundai India India's top carmaker Maruti Suzuki and smaller rival JSW MG Motor on Friday said they will hike car prices to tackle rising raw material and operational costs, joining Hyundai Motor India. Maruti plans to hike prices by up to 4%, depending on the model, while JSW MG Motor - a joint venture between SAIC Motor and JSW Group - plans to hike prices by up to 3% across products. Both will be effective January 2025. Indian automakers are grappling with higher costs from rising global co...
Maruti Suzuki, JSW MG Motor hike car prices following Hyundai India
Maruti Suzuki, JSW MG Motor hike car prices following Hyundai India
Source: Reuters
2024-12-07 10:03:27 am
After Hyundai, Mahindra hikes prices across SUV, CV range by up to 3 pc  Mahindra & Mahindra on Friday announced a price hike for its SUV and commercial vehicle (CV) range, effective from January next year.  The extent of the price increase across different SUVs and commercial vehicles will be up to 3 per cent, the automaker said in a statement. “This adjustment is in response to the rising costs due to inflation and increased commodity prices,” it added. Mahindra said it has made efforts to absorb as much of these additional co...
After Hyundai, Mahindra hikes prices across SUV, CV range by up to 3 pc
After Hyundai, Mahindra hikes prices across SUV, CV range by up to 3 pc
Source: IANS
2024-12-07 09:16:27 am
Maruti Suzuki hikes car prices by up to 4% following Hyundai India India's top carmaker Maruti Suzuki on Friday said it will hike car prices by up to 4% to tackle rising raw material and operational costs, as it joins rival Hyundai Motor India. Maruti's shares rose as much as 1.7% to the day's high of 11,375.95 rupees after the announcement, its second one this year. The hike, which is set to vary depending on the model, will come into effect from Jan. 1, 2025 and is higher than its 0.45% hike in January. Hyundai India on Thursday also s...
Maruti Suzuki hikes car prices by up to 4% following Hyundai India
Maruti Suzuki hikes car prices by up to 4% following Hyundai India
Source: Reuters
2024-12-06 01:55:43 pm
SUVs propel growth in car sales during November There was an uptick in the sale of cars and SUVs in the domestic market during November with market leader Maruti Suzuki India Ltd, Tata Motors, and Toyota Kirloskar recording an increase in dispatches to dealers during the month.   Maruti Suzuki’s total domestic passenger vehicle sales went up to 141,312 units during November this year from 134,158 units in the same month last year. The main growth was recorded in the SUV segment where sales of its popular models such as Brezza...
SUVs propel growth in car sales during November
SUVs propel growth in car sales during November
Source: IANS
2024-12-02 09:42:45 am
Registered hybrid cars likely to exceed 2 mn in South Korea this year The number of registered hybrid vehicles is on track to surpass 2 million this year for the first time in the country, data showed on Sunday.  As of October, the number of registered hybrid vehicles in South Korea reached 1,925,001, according to the data from the Ministry of Land, Infrastructure and Transport. The total number of registrations is expected to exceed 2 million before the year's end should the current monthly pace of 40,000 new additions be maintained over the fin...
Registered hybrid cars likely to exceed 2 mn in South Korea this year
Registered hybrid cars likely to exceed 2 mn in South Korea this year
Source: IANS
2024-12-01 09:16:07 am
Hyundai Motor, Kia showcase latest electric SUVs at LA Auto Show  Hyundai Motor said on Friday it has showcased the Ioniq 9, the company's first large electric SUV at the Los Angeles Auto Show, along with over 40 other models.  The Ioniq 9 is set to launch in early 2025, starting in South Korea, followed by rollouts in the United States, Europe and other regions. For the US market, the vehicle will be manufactured at the Hyundai Motor Group Metaplant America, the automaker's dedicated EV plant in Georgia, reports Yonhap news agency....
Hyundai Motor, Kia showcase latest electric SUVs at LA Auto Show
Hyundai Motor, Kia showcase latest electric SUVs at LA Auto Show
Source: IANS
2024-11-22 09:34:42 am
Japan to push for biofuel-compatible new cars by 2030s Japan plans to encourage automakers to make all new passenger cars biofuel-compatible by the early 2030s in an effort to reduce carbon dioxide emissions from gasoline vehicles, local media reported.  The new goal, unveiled by the industry ministry at a subcommittee meeting, aims to urge oil wholesalers to begin supplying gasoline blended with up to 10 per cent bioethanol by fiscal 2030, with plans to increase the share to 20 per cent by fiscal 2040, reports Xinhua news agency, quoting...
Japan to push for biofuel-compatible new cars by 2030s
Japan to push for biofuel-compatible new cars by 2030s
Source: IANS
2024-11-12 03:56:49 pm
India`s retail car sales jump 32% in Oct, inventory levels remain high Indian dealers' car sales increased 32.4% in October, helped by festive demand, especially for sports utility vehicles (SUV), as well as new model launches and offers, but inventory levels remained high, a dealers' association said on Wednesday. Sales by dealers to customers rose to 483,159 units in the month from 364,991 units last year, according to data from the Federation of Automobile Dealers Association (FADA). This year, the festival season -- an auspicious time during wh...
India`s retail car sales jump 32% in Oct, inventory levels remain high
India`s retail car sales jump 32% in Oct, inventory levels remain high
Source: Reuters
2024-11-06 02:32:44 pm
Hyundai Motor offers 1st look of upcoming Ioniq 9 electric SUV Hyundai Motor on Wednesday unveiled a teaser image of its upcoming all-electric Ioniq 9 sports utility vehicle, highlighting its massive-yet-sleek exterior design.  The teaser for the three-row electric SUV presents the overall silhouette and the model's elongated wheelbase. Hyundai said the Ioniq 9 draws inspiration from the sleek exteriors and cozy interiors of boats, reports Yonhap news agency. The Ioniq 9 symbolises the largest vehicle class in Hyundai Motor's Ioniq lin...
Hyundai Motor offers 1st look of upcoming Ioniq 9 electric SUV
Hyundai Motor offers 1st look of upcoming Ioniq 9 electric SUV
Source: IANS
2024-10-30 09:36:59 am
Car, bikes, and electronics sale surge due to heavy discounts by companies After sluggish sales in the first five months of this fiscal, automobiles and consumer electronics companies saw some surge in demand due to discounts and promotional offers during the ongoing Ganesh Chaturthi and Onam festivals, multiple reports said.  "In view of festivals like Onam, Navratri, Diwali, and Dussehra, electronics, automobile and smartphone companies are offering discounts of up to 30 percent to customers," the reports stated. Maruti Suzuki reported a 10 pe...
Car, bikes, and electronics sale surge due to heavy discounts by companies
Car, bikes, and electronics sale surge due to heavy discounts by companies
Source: IANS
2024-09-15 05:23:14 pm
Car manufacturers agree to offer discounts to buyers who scrap old vehicles: Nitin Gadkari Union Minister of Road Transport and Highways, Nitin Gadkari, announced on Tuesday that passenger and commercial vehicle manufacturers have agreed to offer discounts for the purchase of new vehicles against the scrapping of older ones of buyers with a valid Certificate of Deposit.   The decision was taken at a meeting with the Society of Indian Automobile Manufacturers Association (SIAM) CEOs chaired by the minister in which key issues confronting the auto sector were taken up for dis...
Car manufacturers agree to offer discounts to buyers who scrap old vehicles: Nitin Gadkari
Car manufacturers agree to offer discounts to buyers who scrap old vehicles: Nitin Gadkari
Source: IANS
2024-08-27 05:23:11 pm
South Korea`s average export price of cars hits record high The average price of South Korean automobiles shipped overseas hit a new record high in the first half of 2024, data showed on Sunday, following the growing demand for premium models.  According to data compiled by the Korea Automobile & Mobility Association, the average price of car exports reached $25,224 over the January-June period, up 0.5 per cent from $25,079 recorded a year earlier. The increase came amid growing demand for eco-friendly models, as well as SUVs and commer...
South Korea`s average export price of cars hits record high
South Korea`s average export price of cars hits record high
Source: IANS
2024-07-15 09:27:51 am
South Korea clocks record $37 bn in car exports in first half of 2024  South Korea's car exports are estimated to have reached a record $37 billion for the first half of the year, according to industry data on Sunday.  Automobile exports are estimated to have increased 3.8 percent on-year during the January-June period to reach $37.01 billion, marking the highest tally for the first half of any year, according to tentative data from the industry ministry and the Korea International Trade Association. The previous record was at $35.65 billion...
South Korea clocks record $37 bn in car exports in first half of 2024
South Korea clocks record $37 bn in car exports in first half of 2024
Source: IANS
2024-07-07 10:12:17 am
Hyundai debuts Casper Electric SUV, showcases Genesis concepts Hyundai Motor on Thursday unveiled its Casper Electric sub-compact sport utility vehicle (SUV), the latest in the automaker's strengthening electric vehicle (EV) lineup.  Unveiled at the ‘2024 Busan International Motor Show’, the Casper Electric is the electrified version of the Casper first introduced in 2021, but with a suite of overhauled improvements. Compared to the existing Casper, the EV features a body lengthened by 230 millimeters and a width widened by 15 ...
Hyundai debuts Casper Electric SUV, showcases Genesis concepts
Hyundai debuts Casper Electric SUV, showcases Genesis concepts
Source: IANS
2024-06-27 11:11:21 am
Kia debuts its new SUV 'EV3' globally, offers up to 600 km of range Automaker Kia on Thursday revealed its new all-electric SUV -- EV3, globally, offering a driving range of up to 600 km and 10 to 80 per cent battery charging in 31 minutes.   According to the company, the new EV SUV will be introduced first in South Korea in July this year, followed by its European launch in the second half of the year. The company also plans to further expand the sales of EV3 into other regions, with subsequent launches to be expected after the European market ent...
Kia debuts its new SUV 'EV3' globally, offers up to 600 km of range
Kia debuts its new SUV 'EV3' globally, offers up to 600 km of range
Source: IANS
2024-05-23 06:25:41 pm
BMW launches new car under its Shadow Edition in India at Rs 74.9 lakh Luxury carmaker BMW on Thursday launched the new 'X3 xDrive20d M Sport Shadow Edition' in India at an ex-showroom price of Rs 74,90,000. This special edition comes available in the diesel variant at all BMW India dealerships and online shops. The new vehicle comes in the following metallic paintworks -- Brooklyn Grey and Carbon Black. According to the company, the design of the new car features a sportier orientation. Blacked Out Kidney Grille gives a striking impression of t...
BMW launches new car under its Shadow Edition in India at Rs 74.9 lakh
BMW launches new car under its Shadow Edition in India at Rs 74.9 lakh
Source: IANS
2024-05-16 02:06:26 pm
BMW's another all-electric car launched in India Luxury car maker BMW on Thursday launched another all-electric car, BMW i5 M60 xDrive, in India at an ex-showroom price of Rs 1,19,50,000. The new car comes available in Alpine White as non-metallic paintwork and in the following metallic paintworks, which include M Brooklyn Grey, M Carbon Black, Cape York Green, Phytonic Blue, Black Sapphire, Sophisto Grey, Oxide Grey, and Mineral White. It is now available at all BMW dealerships across the country as a Completely Built-Up Unit (CBU) m...
BMW's another all-electric car launched in India
BMW's another all-electric car launched in India
Source: IANS
2024-04-25 02:43:52 pm
Mahindra unveils new nine-seater Bolero Neo+ starting at Rs 11.39 lakh Leading SUV manufacturer Mahindra & Mahindra on Tuesday unveiled the 9-seater 'Bolero Neo+' in two variants -- the P4 and the P10, at a starting price of Rs 11.39 lakh (ex-showroom). According to the company, the P4 serves as the entry-level option, while the P10 represents a more premium trim. "With the launch of the Bolero Neo+, we are offering a promise of durability, advanced features, and superior comfort that enriches the driving experience for every family and fl...
Mahindra unveils new nine-seater Bolero Neo+ starting at Rs 11.39 lakh
Mahindra unveils new nine-seater Bolero Neo+ starting at Rs 11.39 lakh
Source: IANS
2024-04-16 02:33:57 pm
Apple ramps up its `secret` self-driving car testing Apple has ramped up its self-driving car testing and has logged over 450,000 miles of autonomous driving in the US from December 2022 to November 2023. Data submitted by Apple with the California Department of Motor Vehicles (DMV) showed that Apple tested its autonomous car more than ever last year, reports Wired. Apple has a permit to test autonomous vehicle tech on California’s public roads only if the company has a safety driver behind the wheel. Apple’s secret car pro...
Apple ramps up its `secret` self-driving car testing
Apple ramps up its `secret` self-driving car testing
Source: IANS
2024-02-04 10:15:39 am
Hyundai Motor unveils prototype of new electric air taxi  Hyundai Motor Group has unveiled the prototype of its new air taxi model at the global technology show ‘CES 2024’, company officials said on Wednesday, as it steps up efforts to make inroads into the global electric flying taxi market. Supernal, a US-based air taxi unit of Hyundai, showcased the product concept of the S-A2, an electric vertical takeoff and landing (eVTOL), at the trade show in Las Vegas. The S-A2, built on the company's previous S-A1 vision concept...
Hyundai Motor unveils prototype of new electric air taxi
Hyundai Motor unveils prototype of new electric air taxi
Source: IANS
2024-01-10 04:33:37 pm
Volkswagen brings AI chatbot ChatGPT into its cars, SUVs German automaker Volkswagen has announced to bring AI chatbot ChatGPT into its cars, integrated into its IDA voice assistant. The voice assistant, enabled by Cerence Chat Pro, is activated by saying "Hello IDA" or pressing the button on the steering wheel. IDA automatically prioritises whether a vehicle function should be executed, a destination searched or the temperature adjusted. If the request cannot be answered by the Volkswagen system, it is forwarded anonymously to A...
Volkswagen brings AI chatbot ChatGPT into its cars, SUVs
Volkswagen brings AI chatbot ChatGPT into its cars, SUVs
Source: IANS
2024-01-09 10:58:07 am
Electric cars to increase by almost 10 times by 2030: International Energy Agency The energy world is set to change significantly by 2030, based on the current policy settings, which includes almost 10 times as many electric cars on the road worldwide, the International Energy Agency (IEA) said on Tuesday.According to the IEA's new 'World Energy Outlook 2023', the share of renewables in the global electricity mix would reach 50 per cent by 2030 from the current 30 per cent."The transition to clean energy is happening worldwide and it's unstoppable. It's not a question of '...
Electric cars to increase by almost 10 times by 2030: International Energy Agency
Electric cars to increase by almost 10 times by 2030: International Energy Agency
Source: IANS
2023-10-24 12:58:24 pm
Revolt Motors unveils `India Blue` cricket special edition electric bike Electric motorcycle company Revolt Motors on Tuesday launched a new e-bike called RV400 ?India Blue ? Cricket Special Edition Electric Bike?.The glossy blue finish highlights premium aesthetics, reflecting the passion and pride of Indian cricket enthusiasts. The company said it is a true masterpiece that seamlessly combines innovation, style, and sustainability, along with the exceptional features of the Revolt RV400.?We are delighted to introduce the RV400 India Blue as a symbol of our ...
Revolt Motors unveils `India Blue` cricket special edition electric bike
Revolt Motors unveils `India Blue` cricket special edition electric bike
Source: IANS
2023-10-18 10:29:51 am
PURE EV launches ePluto 7G MAX with 201 km range PURE EV has launched new electric scooter -- ePluto 7G MAX with an ultra-long range of 201 km per charge and with MAX boasts features such as HillStart Assist, DownHill Assist, Coasting Regen, Reverse Mode, Smart AI for Battery Longevity etc.Launched at a price of Rs 1,14,999 (ex-Showroom price), the scooter comes available in?four colours -- matte black, red, grey and white, which is now open for booking across India, with deliveries beginning from the upcoming festive season."The model is t...
PURE EV launches ePluto 7G MAX with 201 km range
PURE EV launches ePluto 7G MAX with 201 km range
Source: IANS
2023-10-10 01:40:57 pm
Tesla launches updated Model Y EV in China at same starting price Elon Musk-run Tesla has launched a new Model Y electric car in China with updated design and performance tweaks at same starting price of about 263,900 yuan ($37,000).The new car follows the revamped "Highland" Model 3 in China, which also hit Europe early last month.According to Tesla?s Chinese website, the Model Y now has a 0?100km/hour time of 5.9 seconds. The EV gets new wheels and an ambient LED lighting strip in the dash, like the refreshed Model 3, reports The Verge.Tesla is also ...
Tesla launches updated Model Y EV in China at same starting price
Tesla launches updated Model Y EV in China at same starting price
Source: IANS
2023-10-02 10:02:46 am