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Auto News

ETAutoCVLC: Experts discuss evolving avenues of growth in truck industry
Going ahead, the keys to growth will be reducing the time taken to bring new models to the market, making the vehicle platforms more flexible and dynamic, and staying apprised to the changing needs of the customer

Harley roots for free and fair trade policies
Sajeev Rajasekharan, Harley-Davidson’s managing director for India, told ET that 13 of the 17 motorcycles in its lineup are assembled locally and, therefore, import duties have nominal impact on the company’s operations in the country.

Tyre industry seeks govt support as rubber production-consumption gap widens
The gap between production and consumption of natural rubber widened by 45 per cent between April 2018 and January 2019.

SoftBank, Toyota in talks to invest $1 billion in Uber's self-driving unit: Sources
A group of investors led by SoftBank Group Corp and Toyota Motor Corp is in talks to invest $1 billion or more into Uber Technologies Inc's self-driving vehicle unit, which would value the unit at $5 billion to $10 billion, said two people familiar with the talks.

BlackBuck's Out to Raise $150 m in New Round
This will be more than a four-fold increase in its valuation of about $180 million in 2017, when it raised about 221 crore in a round led by Sands Capital.

Auto retail declines; inventories reach an alarming level in February: FADA
Two-wheeler inventories, on the other hand, reached an alarming level of 90 days from 55 days a month ago. As per the data, the inventories have reached upto 100 days in certain geographies.

Tata Motors’ new SUV Harrier logs over 10k bookings
On the Harrier itself he said that the diesel automatic is on the way and the one with the sunroof will also come.

Volvo Cars to launch plug-in hybrid in second half of 2019
The company besides introducing the hybrid would also look at tapping rural markets in the country under its plan to expand footprint.

With global brands, all the world’s a stage for Mahindra
Pininfarina brand is not Mahindra brands’ global play, but the automotive sectors global play, he said.

GSP withdrawal to impact auto comp makers marginally, but tyre Cos may feel the heat
Reacting to the US decision, the Indian auto component makers body Automotive Component Manufacturers Association (ACMA) said that there will be a small portion of the export basket to the US that will get impacted.

After 5 years of growth, SUV sales hit a bump
​​The UV share in overall passenger vehicle sales this financial year is also down marginally. In fact, segment leaders Suzuki Vitara Brezza and Hyundai Creta were among the hardest hit in December.

‘With Only 3 SUVs, We Need to Work Harder for This Market’
Japanese auto major Honda Motor Company is considering interventions in the fast-growing sports utility vehicle segment to boost volumes in India.