TVS Motor Company on Friday said it has acquired UK-based iconic bike manufacturer Norton Motorcycles for GBP 16 million (around Rs 153 crore).
The coronavirus outbreak and inventory correction before the transition to BS-VI emission norms are expected to pull down aggregate revenue of some of the auto and auto ancillary companies by 26 per cent in March quarter even as the near-term weakness in demand is likely to continue as COVID-19 persists, a report said on Monday.
Facing unprecedented odds, automobile dealers are seeking immediate financial support from car manufacturers and the government to tide over the current challenging business environment.
Several auto giants across America including - Toyota, General Motors, Ford, Fiat Chrysler, Honda, Nissan and Hyundai - have shut production in their factories to stop spread of deadly coronavirus. The total COVID-19 positive cases across America has crossed 13,700. At the time of writing this report, America's most populous state, California announced a complete lockdown, ordering its 40 million population to "stay at home".
Maruti Suzuki’s pre-owned car network 'True Value' on Saturday announced the facility of vehicle buying for car owners. This introduction aims to facilitate True Value’s motto of being a trusted one-stop destination for buying and selling quality pre-owned cars, a statement said.
Automobile sales in India across categories declined 19.08 per cent in February as economic slowdown continued to hit demand, besides lower production in view of transition to BS-VI emission norms affecting wholesale dispatches, auto industry body SIAM said on Friday.
The global automobile industry is well prepared to deal with the impact of the coronavirus outbreak due to its strong supply chain management mechanism, according to a senior Mercedes-Benz official.
The run-up to BS VI transition along with the general economic slowdown and truncated production led to the decline in sales of automobile majors in February, market watchers said on Monday.
A training centre for skilling women to get jobs in the automobile sector was inaugurated on Saturday at the IIT in Ambala in Haryana.
An autorickshaw driver on Monday alleged he was beaten up by a sub-inspector of the Vakola traffic police in the metropolis though the latter's seniors denied the allegations and claimed the driver was abusive and at fault.
An auto driver came to the rescue of a woman in labour, helping her deliver the baby and then rushing her to hospital. Puja Mehawar (25) and her husband Sunil Mehawar had taken Ibrahim's autorickshaw on Wednesday afternoon to go to the hospital.
An auto driver here came to the rescue of a woman in labour, helping her deliver the baby and then rushing her to hospital.
Big Boy Toyz sales director Nipun Miglani in an exclusive conversation with India TV spoke of several issues pertaining to the current state of auto sector in India. He spoke of how the sales of new cars have affected the used car market in India.
India' largest buyer and seller of luxury used cars, Big Boy Toyz, is all set to expand its business to Kolkata and Ahmedabad. The plans to open new stores is in its initial stages of development and could be implemented by 2020-21 financial year.
Hyundai has exhibited the all-new Creta at the Auto Expo 2020. Charmed with the presence of Bollywood star Shah Rukh Khan, Creta stole the limelight at the yearly auto exhibition show.
Maruti Suzuki Jimny: At the Auto Expo 2020, Maruti Suzuki's latest unveil - Jimny - stole the show. The lightweight 4x4 off-roader was displayed in olive-green army colour and looked apart as far as muscular cars go.
Electric Vehicles and EV infrastructure have been a big talking point in this year's Auto Expo. From Indian carmakers like Tata Motors to global giants like KIA motors, several brands exhibited their latest entries into the EV mainframe. A range of Electric Vehicles were on display at the Auto Expo 2020. Here are the top 5 EVs that you should not miss going forward.
Auto Expo 2020 is a one single stop for car enthusiasts and the 15th edition made a grand entry once again at the India Expo Mart in Greater Noida.
Bollywood superstar Shah Rukh Khan attends Auto Expo 2020 in Delhi on Day 2. The actor unveils the Hyundai Creta SUV.