Category: Automobile News
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Maruti celebrated 3rd anniversary of Arena Retail Chain
(Deepshikha Gautam, Intern Journalist) New Delhi: Maruti Suzuki on Monday announced the completion of 3 years of the Arena retail chain, with a focus on improving the buying experience of digitized and connected cars for new older buyers. The Arena, launched in 2017, is the company’s newest retail chain and the company said it is…
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Ducati Panigale V2 Superbike launched in India
(Anjali Shreya, Intern Journalist): Italian company Ducati, which produces luxury superbikes, has launched the Panigale V2 bike in India. The ex-showroom price of this superbike is Rs 16.99 lakh. According to Ducati, these 3 riding modes are given in the motorcycle race, sport, and street and the person riding the bike can choose one of…
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Force Gurkha BS6 will be launched soon
(Anjali Shreya, Intern Journalist): In the Indian car market, customers are liking SUVs (Sports Utility Vehicles) (SUVs) more than small cars. Demand for SUV cars is increasing continuously as compared to hatchback car, sedan car, premium hatchback car. According to the reports, by the year 2020, the sales of utility vehicles could be higher than…
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World’s first electric Rolls Royce curtain lifted
Aatmja Kumari(Intern Journalist): British car company Lunaz has introduced the world’s first electric Rolls Royce. Luzan is known for integrating classic cars with electric powertrains. The Rolls Royce Phantom V car comes with a 120kWh battery. Limited units of this classic car will be sold worldwide. The trend of electronic cars has increased considerably in…
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Growth in demand: Toyota Kirloskar
Aatmja Kumari(Intern Journalist): Due to the vigilance of the financial companies regarding auto loans, there is no benefit of increasing demand. It is believed that Naveen Soni, Senior Vice President of Toyota Kirloskar Motor, a large company in the sector. According to Naveen, there is an increase in demand in the auto mobile sector, but…
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Hero introduces three new variants in its HF Deluxe, price starts from Rs 48000
Aatmja Kumari(Intern Journalist): Hero MotoCorp has upgraded its HF Deluxe range to three new variants. The company is now selling five variants of the Hero HF Deluxe line-up in the Indian market. The base ex-showroom price of the base variant of Hero HF Deluxe is Rs 48,000, which goes up to Rs 58,500 at its…
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Coronavirus does not affect the production of Maruti Suzuki, Hyundai, Toyota
Aatmja Kumari(Intern Journalist): Leading automobile manufacturers Maruti Suzuki, Hyundai, and Toyota Kirloskar Motor say disruption in the supply of components due to an outbreak of the coronavirus in China has had no immediate impact on their production schedule. However, companies are monitoring the situation to deal with any adverse situation in the future. A Maruti…
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Auto spare market will rise from the government’s long-term plan
(Aditya Shaw, Intern Journalist): The business of Kashmiri Gate, the largest market for auto spare parts in Unlock 3.0, has started running. Without adequate traffic arrangements, orders are now coming on WhatsApp and email, which are being supplied. Traders expect business to increase after the Metro, rail, and interstate buses run. Despite all this, the…
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Fitch estimates vehicle demand to fall
(Aditya Shaw, Intern Journalist): International rating agency Fitch expects domestic vehicle demand to fall by more than 20 percent in the current financial year. The reason for this is not only the Covid-19 crisis facing the automobile industry but also the challenges faced by others. Fitch says vehicle demand improved slightly in July after relief…
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Eicher Motors suffer a loss of Rs 55 crore
(Namita Pradhan, Intern Journalist) EicherMotor has reported a total loss of Rs 55 crore during the quarter ended June 30.a year ago the automaker has posted the profit of Rs 452 crore. The revenue of the company from operations slumped 66% to Rs 818 crore in the first quarter of this crucial year, from Rs…