Tech rich cars hit by semi conductor shortage; worst festive sales in decade: FADA

The rich and the well off in India want their tech-savvy cars, but there’s a huge slump in supply because of the paucity of semi conductors. Those at the lower income bracket, who are keen to buy cars, feel they rat...

Indian Auto Industry starts 2021 with negative January sales

The year 2021 seems to have not begun on a right note for the Indian automobile industry when it comes to domestic sales. After showing a one-time YoY growth in December, 2020, January 2021 registrations once again ...

FADA registration data reveals 11pc YOY growth in Dec 2020

The Federation of Automobile Dealers Associations (FADA) released the monthly vehicle registration data for the month of December 2020. The December registrations for the first time in FY20-21 witnessed positive gro...

Audi India hikes prices of models by up to 2 per cent

Audi, the German luxury car manufacturer, announced a price increase of up to 2 percent across its entire model range owing to weakening of the rupee and rising input costs.

Varroc to acquire 74% stake in CarIQ, a leading Telematics solution provider

Varroc Engineering Limited, a global Tier 1 auto component manufacturer, has agreed to acquire 74% stake in the Pune-based CarIQ Technologies, a leading integrated connected vehicle solution provider to OEMs, fleet ...

Increase in GST cess on luxury cars will reverse positive momentum, says Mercedes

Mercedes-Benz India has categorically stated that the decision of the Goods and Services Tax Council to raise the cess on luxury cars from the current level of 15pc to 25pc will be a strong deterrent to the growth o...

Interview with Rishikesh Sahay, CEO, Rai Automotive Systems

Our sales have definitely been impacted because of the downturn in the economy. Everything boils down to the sales of the cars. If the car sales drop, then the workshop owners will be deferring any capital-intensive...

JLR hikes UK engine plant investment to £500m+

Tata Motors-owned Jaguar Land Rover has said it is ramping up the investment for its engine plant in

BMW Financial Services hikes investment in India

The BMW Group has increased its investment in BMW Financial Services India to 5.3 billion Indian Rup

Interview with Ankur Bhatia, Executive Director, Bird Group

Segway Personal Transporter (PT) is an interesting product. Segway PT is one product which is unique in its proposition. It does not have any competition and it’s a vehicle that will help you navigate in places wher...




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