1 of 1 New Delhi. Two-wheeler maker Hero MotoCorp has said that Income Tax officials had come to the office premises on Wednesday for routine checks. The company has said in its statement that such an exercise occurs before the…
Tag: latest auto news
Hisashi Takashi appointed as new CEO of Maruti Suzuki
1 of 1 New Delhi. The Board of Directors of automaker Maruti Suzuki on Thursday announced the appointment of Hisashi Takashi as the new Managing Director and Chief Executive Officer of the company. The company said Hisashi Takashi’s appointment would…
Ola Electric to increase prices of e-scooters
1 of 1 new Delhi. Ola Electric has announced that it will increase the prices of the S1 Pro e-scooter in the next purchase window. The firm is set to start the next procurement window with the festival of Holi…
Domestic auto parts business expected to grow by 15% annually
1 of 1 New Delhi. The domestic auto parts business is expected to grow 10 to 15 per cent year-on-year in FY2023. According to India Ratings and Research, the growth of components business is slowing down in FY23 as compared…
Vehicle sales sluggish in February due to high cost, supply constraints
1 of 1 New Delhi. Domestic vehicle sales remained sluggish in February on an annualized basis due to higher costs and supply constraints. The sales figures of two-wheelers and three-wheelers along with passenger vehicles in February remained lower as compared…
Honda Power produced 50 lakh units in February
1 of 1 New Delhi . Honda India Power Products Limited has produced 50 lakh units in February. The company has been continuously bringing to market advanced technology products in line with the global bead since 1985. The company had…
German regulator investigating Tesla’s Autopilot feature: Report
1 of 1 Berlin. Electric vehicle company Tesla’s automatic lane-changing system, known as Autopilot, is being investigated by German regulators. The Kraftfahrt-Bundesamt (Federal Motor Transport Authority) is reportedly assessing whether the technology, which Tesla offers as an upgrade, is safe…
Kia India launches Cairns, starting price of Rs 8.99 lakh
1 of 1 New Delhi. Automaker Kia India on Tuesday launched its fourth offering, the Carrence, with a starting price of Rs 8.99 lakh (ex-showroom, pan-India). According to the company, the Carence is offered in 19 variants with prices ranging…
Tesla recalls more than 5,75,000 vehicles due to boombox features
1 of 1 San Francisco. Electric car maker Tesla is recalling 578,607 vehicles due to a possible problem with the boombox feature. According to a National Highway Traffic Safety Administration (NHTSA) document, some features of the boombox may result in…
Government said on Tesla, no manufacturing in India, no tax relief
1 of 1 New Delhi. The government on Tuesday questioned the business practices of electric car company Tesla, which sought tax breaks to sell its products in the Indian market but did not want to set up such manufacturing facilities…