Automobile News

New Delhi, December 24: GST is not applicable on the sale of old vehicles if an individual sells an old and used car to another individual, sources said.

New Delhi, December 24: The proposed integration between Nissan and Honda will benefit Nissan more from a credit perspective, while Honda faces more risk due to its stronger credit profile after the business integration efforts between both automobile companies, according to Moody's Ratings.

Seoul, Dec 25: Hyundai Motor's mid-size SUV Santa Fe and Kia's EV3 entry-level electric vehicle (EV) were included among the safest cars in this year's government automobile safety evaluation, the transport ministry said on Wednesday.

Seoul, Dec 22: 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.

Seoul, Dec 22: The number of vehicles voluntarily recalled by automakers in South Korea reached an all-time high this year, with nearly 80 percent attributed to domestic giant Hyundai Motor Group, traffic authorities said on Sunday.

New Delhi, December 19: Kia India unveiled its all-new compact premium SUV, Syros, in a world premiere on Thursday in New Delhi.

New Delhi, Dec 19: Global automaker Range Rover on Thursday announced the start of sales for the 2025 'Made in India' Range Rover Sport in the country.

New Delhi, Dec 17: Maruti Suzuki India on Tuesday announced a production milestone of 2 million vehicles in a calendar year for the first time in its history.

Jerusalem, Dec 15: Chinese carmaker Chery began selling a new model in Israel on Sunday, as announced by its official Israeli dealership, Freesbe.

New Delhi, Dec 13: Passenger vehicles in India saw their highest-ever November sales at 3.48 lakh units, with a growth of 4.1 per cent as compared to the same month last year, according to figures released by the Society of Indian Automobile Manufacturers (SIAM) on Friday.

Seoul, Dec 12: 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.

New Delhi, Dec 10: The total registered electric two-wheelers in the country now stands at 28,55,015, with electric four-wheelers at 2,57,169 (as on December 4), the Parliament was informed on Tuesday.

New Delhi, Dec 9: Tata Motors on Monday announced to hike prices by up to 3 per cent across its passenger vehicles (PVs) portfolio, including electric vehicles (EVs).

New Delhi, December 6: In response to rising input costs and operational expenses, Maruti Suzuki India Limited announced a price increase across its car models effective January 2025.

New Delhi, December 7: Mahindra said on Saturday it will contest brand rights of BE 6e against Indigo in the court. Meanwhile, the automaker will name its Electric Origin SUV as "BE 6".

Mumbai, Dec 6: Mahindra & Mahindra on Friday announced a price hike for its SUV and commercial vehicle (CV) range, effective from January next year.

New Delhi, December 5: Leading automobile manufacturer, Hyundai Motor India Limited (HMIL) has announced price increases across their model ranges, effective January 1, 2025.

New Delhi, December 4: Honda Cars India Ltd. (HCIL) unveiled the all-new third-generation Honda Amaze on Wednesday, marking its global debut in India.

New Delhi, Dec 5: Hyundai Motor India Limited (HMIL) on Thursday announced to increase prices across its model range effective from January 1, 2025, owing to an increase in input costs and other factors.

Seoul, Dec 5: Unionised workers at Hyundai Motor will stage a partial strike this week in solidarity with an umbrella labour union's walkout against President Yoon Suk Yeol's short-lived martial law declaration, according to the company's union on Thursday.

New Delhi, Dec 4: Driven by the surge in rural consumption, India sold more two-wheelers than China in 2023, as entry-level manufacturers in the country expanded their reach to the rural areas of the country.

Seoul, Dec 4: Hyundai Motor, BMW Korea and three other carmakers will voluntarily recall nearly 300,000 vehicles due to faulty components, the transport ministry here said on Wednesday.

New Delhi, December 3: The automobile company Mahindra Electric Automobile Limited (MEAL) on Tuesday clarified its position on the lawsuit filed by IndiGo Airlines regarding the use of "6E" for its recently unveiled electric vehicle in the SUV segment.

New Delhi, Dec 3 IANS) After InterGlobe Aviation, which operates IndiGo airline, filed a trademark infringement lawsuit against Mahindra Electric for using '6E' in its new car, the automaker said on Tuesday they do not see a conflict and are engaged in discussions with the budget airline to find an amicable solution.

New Delhi, December 2: The two-wheeler market in November 2024 displayed a mixed bag of performance, with TVS Motors achieving impressive sales growth, while Hero MotoCorp and Bajaj Auto reported year-on-year declines in domestic sales.

New Delhi, December 2: India's passenger vehicle market witnessed varied performance across major automakers in November 2024.

New Delhi, Dec 3: The demand from two-wheeler original equipment manufacturers (OEMs) in India is expected to show double-digit growth this fiscal (FY25), a report showed on Tuesday.

Seoul, Dec 2: Hyundai Motor, South Korea's biggest carmaker, said on Monday its sales fell 3.7 per cent last month from a year earlier due to a slowdown in vehicle demand.

New Delhi, Dec 2: The passenger vehicle (PV) sales in India increased about 4 per cent (year-on-year) at 3,50,000 units in the month of November, data showed on Monday.

New Delhi, Dec 1: 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.

Chennai, November 26: Mahindra has unveiled its much-awaited Electric Origin SUVs - the BE 6e and XEV 9e.

Seoul, Nov 27: Hyundai Motor said on Wednesday it will buy back 1 trillion won ($716 million) worth of its own shares as part of efforts to boost its shareholder value.

Seoul, Nov 27: Hyundai Motor said on Wednesday it plans to launch an electric vehicle (EV) charging subscription service for Hyundai customers in Indonesia this week.

Chennai, November 26: Mahindra has unveiled its much-awaited Electric Origin SUVs - the BE 6e and XEV 9e.

Seoul, Nov 26: Hyundai Motor said on Tuesday it plans to invest nearly $480 million in Malaysia over the next five years from 2025 to increase its production capacity in the Southeast Asian nation.

New Delhi, Nov 25: Maruti Suzuki India Ltd (MSIL), India’s leading car maker, has achieved the milestone of having completed the export of 3 million vehicles.

New Delhi, November 23: The two-wheeler (2W) segment, particularly scooters, registered strong growth this year in the country, outpacing the motorcycles segment, according to a report by Motilal Oswal.

New York, Nov 23: Automakers Hyundai and Kia are recalling nearly 208,000 electric vehicles (EVs) in the US owing to an issue that could cause the vehicles to suddenly lose power.

Los Angeles, Nov 22: 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.

Chennai, November 21: Hyundai Motor India Limited (HMIL) has announced a major initiative to bolster its renewable energy portfolio by setting up two renewable energy plants in Tamil Nadu.

Seoul, Nov 21: Combined vehicle sales of Hyundai Motor and Kia, South Korea's leading automakers, in Europe fell 7.5 per cent in October from a year ago, industry data showed on Thursday.

Dammam, Nov 19: Tata Motors on Tuesday announced the launch of its first automated manual transmission (AMT) truck, the Tata Prima 4440.S AMT, in the Kingdom of Saudi Arabia.

New Delhi, November 15: The landscape of India's passenger vehicle (PV) market is undergoing a notable transformation as the dominance of long-standing players declines while new entrants gain ground.

New Delhi, Nov 14: Hyundai Motor India (HMI), the country's second largest carmaker, has drawn up ambitious expansion plans for making India a production hub that will also cater to the rising export demand for its vehicles in the emerging markets.

Seoul, Nov 14: South Korea's car exports rose 5.5 per cent on-year in October to reach a new record, data showed on Thursday, driven by the global popularity of eco-friendly models, including hybrid vehicles.

New Delhi, November 13: The Indian auto industry saw a modest month in October 2024, driven by festive demand during Dussehra and Diwali, which boosted consumer interest and vehicle purchases, according to the data from the Society of Indian Automobile Manufacturers (SIAM).

New Delhi, Nov 13: Total two-wheeler sales in the country surged by a robust 14.2 per cent to 21.64 lakh units in October this year, compared to 18.96 lakh units in October 2023, according to figures released by the Society of Indian Automobile Manufacturers (SIAM) on Wednesday.

New Delhi, November 12: In its first results post its IPO, Hyundai Motor India has reported a consolidated revenue from operations of Rs 3,46,046.18 million for the first half of FY 2024-25 (April to September 2024).

New Delhi, November 12: Electric vehicle (EV) registrations saw modest growth in October 2024, primarily driven by a festive season demand boost, leading to a robust year-to-date (YTD) growth in EV penetration across all segments, according to the Haitong report.

Seoul, Nov 13: Chinese electric vehicle (EV) giant BYD on Wednesday officially announced its plan to enter South Korea's passenger car market.

New Delhi, November 11: India has enough potential for automakers, particularly because the car density here is about 35 per 1,000 people, said Hisashi Takeuchi, Managing Director and CEO of Maruti Suzuki.

New Delhi, November 11: Maruti Suzuki India on Monday launched a new and updated version of one of its highest-selling sedan 'Dzire' in petrol and S-CNG models.

Mumbai, Nov 9: Actress Divyanka Tripathi, who is awaiting the release of her upcoming streaming series âEUR˜The Magic of Shiri', has shared that she took up a workshop to learn the art of magic and concealing.

New Delhi, November 8: Automobile giant Tata Motors reported a consolidated net profit decline of 11.18 per cent to Rs 3,343 crore for the July-September 2024 quarter, according to the company's financial report released on Friday.

New Delhi, Nov 8: Bhavish Aggarwal-run Ola Electric on Friday reported a huge 43 per cent surge in net loss at Rs 495 crore in the July-September period (Q2 FY25), from Rs 347 crore in the previous quarter (Q1 FY25), as the EV firm remained mired in issues related to service quality across the country.

New Delhi, Nov 8: Tata Motors saw its net profit drop more than 11 per cent (year-on-year) to Rs 3,343 crore in the July-September period amid slowing revenue growth in the luxury unit Jaguar Land Rover (JLR) and commercial vehicles business.

Mumbai, November 7: Mahindra & Mahindra Limited (M&M) reported growth in the second quarter of Financial Year (FY)25, with consolidated Profit After Tax (PAT) reaching Rs 3,171 crore, a 35 per cent year-on-year increase.

New Delhi, Nov 7: Auto major Mahindra and Mahindra (M&M) on Thursday reported a 13 per cent rise in its standalone net profit for the July-September quarter at Rs 3,841 crore, driven by higher sales of SUVs and a revival in the demand for tractors.

Seoul, Nov 7: Hyundai Motor Group has outperformed Volkswagen Group to become the world's second-largest automaker in terms of operating profit, industry data showed on Thursday.

New Delhi, Nov 5: The country's largest IPO, Hyundai Motor India, has disappointed investors to date.