Automobiles News

Launching the Bharat NCAP, Nitin Gadkari said that the cost of one test, which is voluntary, will be around Rs 60 lakhs, as against Rs 2.5 crore in international market.

The surge in EV adoption in India is driven by the introduction of new affordable models, including electric cars like the MG Comet EV among others.

In 2021, China continued to lead the global auto market, with 26.27 million vehicles sold, while the US remained second at 15.4 million vehicles, followed by Japan at 4.44 million units.

When you are stuck in traffic, you must have thought sometimes that if there is such a bike or car that can fly, now it is going to be true.

You must have seen battery-powered e-scooters-bikes and cars, but can you imagine that one day planes will also be able to fly with batteries. Today in DNA we will tell you about one such special plane that flew on battery.

Harman is a leading automotive technology provider High-quality infotainment systems have pushed car sales in India Companies now focusing in ADAS, V2X among other new-age car tech

DaxStreet has been able to accrue interest among the readers and automobile enthusiasts by hitting the niche with its exhaustive approach towards reporting, analysis, comparisons, and reviews.

Automobile makers witnessed plunging sales in May, reversing the recovery trajectory in the first three months of 2021 that was fuelled by pent-up demand. With the COVID-19 situation improving and curbs easing, overall demand in the economy is expected to pick up in the coming weeks. Major automobile makers such as Maruti Suzuki, Hyundai, Mahindra & Mahindra, Tata Motors and Toyota Kirloskar have reported a decline in domestic passenger vehicle sales in May over April.

Domestic sales stood at 25,001 units last month as against 49,002 units in April, a dip of 49 percent. Exports were at 5,702 units last month, down 44 percent from 10,201 units in April, the company said in a statement.

Carmakers like Maruti Suzuki, Hyundai, Honda, Kia, Toyota, Tata Motors, Mahindra & Mahindra and Mercedes-Benz have taken to digitalisation with renewed vigour as lockdowns and curfews become the new normal amid the raging coronavirus pandemic. The country's leading carmaker has partnered with leading online platforms like Google and Facebook bringing global digital expertise to dealer teams. Launched in January last year, 'Click to Buy' is designed to facilitate end-to-end retail of Hyundai cars online.

FADA has written to Finance Minister and RBI Governor. The industry body has urged to give a moratorium. The body has also suggested the RBI to reduce interest rates.

The voluntary vehicle scrapping policy announced in the Union Budget for 2021-22 provides for fitness test after 20 years for personal vehicles while commercial vehicles would require it after the completion of 15 years. Automated fitness tests will be set up under public private partnership (PPP) mode while the government will assist private partners and state governments for scrapping centres, he said. This policy is going to be a boon for the automobile sector, making it one of the most profitable sectors which in turn would generate huge employment, the minister said.

Passenger vehicle sales increased by 14.16 percent in August to 2,15,916 units. Two-wheeler sales jumped 3 percent to 15,59,665 units. Motorcycle sales were up 10.13 percent, sold 10,32,476 units.

This is a growth of 15.3% over July 2020 and a 17.1% over August 2019. Total sales include domestic sales of 115,325 units and 1,379 units for other OEMs. Maruti exported 7,920 units in August 2020, a drop of 15.3% over August 2019.

Exports of auto components witnessed degrowth of 3.2 per cent to Rs 1.02 lakh crore Slowdown in the domestic market also reflected on imports of component into India. Component imports fell by 11.4 per cent to Rs 1.09 lakh crore.

FADA said that demand Trend in first 10 days of June shows extremely weak consumer sentiment.

Although the overall record was positive, registration of commercial vehicles registered a de-growth of 23 percent. Registration of personal vehicles rose by 11 percent in October, compared to a year-ago period and that of two-wheelers and three-wheelers were up 5 percent and 4 percent.

Passenger vehicle sales dropped to 223,317 units in September, the Society of Indian Automobile Manufacturers (SIAM) data showed, while passenger car sales dived 33.4% to 131,281 units.

Union minister Nitin Gadkari said that the Centre is committed to push the growth rate and is taking measures to boost the flagging economy.

Finance Minister Nirmala Sitharaman also responded to a plethora of questions ranging from the slump in the economy to the slowdown in the automobile sector, among other political issues.