Categories
Cheapest Car

Surge in BS-IV inquiries may fail to revive CV demand, Auto News, ET Auto

SIAM data shows that M&HCV sales in January plummeted 34.64 per cent YoY, while overall CV dispatch fell by 14.04 per cent.
SIAM facts exhibits that M&HCV gross sales in January plummeted 34.64 per cent YoY, when over-all CV dispatch fell by fourteen.04 per cent.

New Delhi: The effect of BS-VI pre-obtaining on gross sales, specially in the industrial car or truck (CV) sector, has been at finest lukewarm, if the changeover to new emission norms is any indication. Within just this class truck phase (medium and heavy CVs or M&HCVs) is amid the worst-strike because of to the absence of on time advance purchases of BS-IV vehicles.

Information from the Modern society of Indian Automobile Manufacturers’ exhibits that M&HCV gross sales

Read More
Categories
Cheapest Car

Automakers may have to seek extension of BS-IV deadline if China shutdown continues, Auto News, ET Auto

Components for about 3,000 BS-IV vehicles have already been sourced by M&M and the production of these vehicles has been stuck because of the unavailability of engine control units from China.
Components for about three,000 BS-IV automobiles have currently been sourced by M&M and the output of these automobiles has been stuck because of the unavailability of motor command units from China.

MUMBAI: A rest in the deadline to sign up BS-IV automobiles may be sought from the apex court if important components from China do not get there in time amidst the novel coronavirus outbreak, said a leading Mahindra and Mahindra (M&M) formal.

Many sections that go onto automobiles designed in India come from overseas lands, which include China. A disruption to the Chinese production marketplace has bought numerous automakers

Read More
Categories
Cheapest Car

M&M charts a Rs 3000-crore recovery plan for South Korean subsidiary Ssangyong, Auto News, ET Auto

The funds will be raised equally through the equity and debt routes, said Pawan Goenka, MD of M&M.
The resources will be lifted equally by the equity and financial debt routes, stated Pawan Goenka, MD of M&M.

Mumbai: Mahindra and Mahindra (M&M) on Tuesday stated that it has charted an financial commitment of Rs three,000 crore more than the following three a long time for its subsidiary SsangYong as a monetary breakeven eludes the South Korean maker of SUVs and pickup vans amidst a slowdown in its property and export marketplaces.

The firm estimates that a complete restoration of SsangYong will cost 450 to five hundred billion South Korean won (Rs two,700-three,000 crore, approx.) and that the funding

Read More
Categories
Automobile

J.D Power, Auto News, ET Auto

“Car owners expect an easy to use in-car infotainment system, much like their smartphones,” said Katsav Roy, director and country head, India at J.D. Power.
“Car entrepreneurs count on an quick to use in-vehicle infotainment technique, considerably like their smartphones,” reported Katsav Roy, director and nation head, India at J.D. Electricity.

NEW DELHI: New vehicle purchasers are hunting for much easier to use and simplified in-vehicle technological innovation reveals J.D Electricity examine.

The examine finds that prospects are ranking the usefulness of the in-motor vehicle purposes decreased this 12 months, specially the navigation technique. Fulfillment has also declined around crucial locations of the audio technique.

“Car entrepreneurs count on an quick to use in-vehicle infotainment technique, considerably like their smartphones,” reported Katsav Roy, director and

Read More
Categories
Automobile

CRISIL, Auto News, ET Auto

While the electric three-wheelers will see fast growth, sales of personal electric cars will remain in the slow lane due to high acquisition and ownership costs, in the absence of demand incentives, claims the study.
Whilst the electrical three-wheelers will see quick growth, gross sales of particular electrical autos will continue to be in the sluggish lane thanks to higher acquisition and possession fees, in the absence of desire incentives, promises the analyze.

NEW DELHI: By 2024, as much as 43-forty eight per cent of new three-wheelers (excluding e-rickshaws), and twelve-seventeen per cent of new two-wheelers offered in India will be electrical vehicles (EVs), reveals a analyze by CRISIL Investigation.

The analyze appeared at desire, provide and coverage growth motorists for EVs these as battery fees, governing administration subsidy and charging infrastructure, apart from conducting

Read More