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  Hero MotoCorp to increase prices by up to Rs 1,500 from Jan

  Auto | December 17, 2020 9:14 IST

  Two-wheeler market leader Hero MotoCorp on Wednesday said it will increase prices of its vehicles by up to Rs 1,500 from January 1, 2021, to offset impact of rising input costs.

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  Ducati commences pre-bookings for BS-VI version of Multistrada 950 S

  Auto | October 26, 2020 18:39 IST

  Luxury motorcycle manufacturer Ducati India on Monday said it has commenced pre-launch bookings for the BS-VI version of its superbike Multistrada 950 S.

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  Hero Electric drives in new range of Nyx B2B scooters at Rs 63,990

  Auto | October 21, 2020 13:35 IST

  Hero Electric on Wednesday said it has launched refreshed versions of Nyx B2B scooters with price starting at Rs 63,990. 

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  Mercedes Benz launches AMG GLE 53 4MATIC+ Coupe at price of Rs 1.2 cr

  Auto | September 23, 2020 18:06 IST

  Mercedes-Benz on Wednesday launched all-new mid-sized SUV, AMG GLE 53 4MATIC+ Coupe, priced at Rs 1.2 crore (ex-showroom pan-India) and sounded "cautiously optimistic" about the upcoming festive season.

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  Himachal Pradesh: Automobile service centres, showrooms to be open on Sundays in Hamirpur

  India | July 19, 2020 20:25 IST

  Automobile service centres and showrooms will remain open in Himachal Pradesh's Hamirpur district on Sundays following public demand, the district magistrate said.

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  Automobile showrooms, retailers can reopen in Tamil Nadu: Govt

  Business | May 10, 2020 22:14 IST

  The Tamil Nadu government on Sunday specifically named the kind of standalone outlets that could resume work from Monday and made it clear that only small and non-air conditioned jewellery and textile showrooms located in rural areas will be permitted to open.

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  TVS Motor acquires UK-based Norton Motorcycles

  Business | April 17, 2020 22:21 IST

  TVS Motor Company on Friday said it has acquired UK-based iconic bike manufacturer Norton Motorcycles for GBP 16 million (around Rs 153 crore). 

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  Car owners can sell vehicles at Maruti Suzuki True Value outlets now

  Auto | March 14, 2020 17:35 IST

  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.

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  Kia Motors sells 15,450 units in January

  Business | February 03, 2020 18:11 IST

  Kia Motors India on Monday said its wholesales in January stood at 15,450 units. The company despatched 15,000 units of Seltos and 450 units of Carnival to dealers during last month, Kia Motors India said in a statement.

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  Union Budget 2020: Incentivisation tops automobile sector's wishlist after turbulent year

  Auto | January 27, 2020 15:40 IST

  On one hand, the automobile sector would look out for incentives to gain back its lost footing, while on the other it would want the government to boost its development prospects for the future. With the Budget all set to be announced on February 1, here are some automobile-centric expectations from the Union Budget 2020

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  India's steel demand to slow down on weak auto, manufacturing demand

  Business | December 03, 2019 12:28 IST

  "India's steel demand growth pace will slow because of weak auto and manufacturing demand... India's demand growth, remains strongest in Asia even as growth pace slows," the US-based agency said in its outlook report titled 'Asia: Steel - 2020 outlook'. The country's steel output will increase on higher capacity utilisation as demand grows.

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  TVS Motor sales down 19 per cent in October

  Business | November 01, 2019 15:35 IST

  The company, which primarily makes two-wheelers and three-wheelers, had sold 3,98,427 units in the same month last year, TVS Motor Company said in a statement.

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  MG Motor delivers 700 units of Hector on Dhanteras

  Business | October 25, 2019 16:27 IST

  The company said it delivered around 200 cars from a single point in Delhi-NCR, marking one of the largest vehicle delivery events on Dhanteras.

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  After Ashok Leyland, now Mahindra to observe no production days

  Business | September 13, 2019 20:17 IST

  The company had earlier said in August that it would be observing no production days for 8-14 days across its automotive sector plants in the July-September quarter.

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  Change in millenials' mindset to prefer OLA, UBER also led to automobile sector slowdown: Nirmala Sitharaman

  India | September 10, 2019 23:13 IST

  ​Finance Minister Nirmala Sitharaman Tuesday said the slowdown in the automobile sector was due to many factors like the change in mindset of millennials,who now prefer taxi aggregators like OLA and UBER instead of committing for monthly installments to own a car.  

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  Automobile sales in India sees WORST-EVER fall in August

  Business | September 09, 2019 15:35 IST

  Automobile sales in India witnessed its worst-ever drop in August with despatches in all segments, including passenger vehicles and two-wheelers, continuing to plummet as the sector reels under an unprecedented downturn, industry body SIAM reported on Monday.  

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  Maruti shares fall 4 pc; m-cap drops by Rs 6,645 cr

  Business | September 04, 2019 17:36 IST

  The company's market valuation dropped Rs 6,644.88 crore to Rs 1,76,105.12 crore on the BSE.

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  Government to announce two big steps to boost industry

  Business | August 29, 2019 21:27 IST

  Sitharaman hit out at the Congress for indulging in "huge corruption and scandals" to run the economy and said its tenure saw inflation touching double digits with skyrocketing prices.

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  SBI extends credit period of stressed auto dealers

  Business | August 19, 2019 12:14 IST

  "We are actively engaging with the auto dealers and in case of hardship faced by them the bank is extending credit repayment period on the case to case basis," SBI managing director (retail & digital banking) told reporters here on Sunday.

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  SBI extends credit period for auto dealers by 15-30 days

  Business | August 18, 2019 23:47 IST

  The auto sector is the worst-hit sector in the current slowdown and apart from huge inventory build-up, the companies are resorting to production shutdowns to cope up with poor sales.