Saturday, December 21

Automobile News

Three consecutive quarters of record sales growth for JLR India
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Three consecutive quarters of record sales growth for JLR India

Mumbai, 11 January 2024. JLR India reported three consecutive quarters of record sales, selling 3,582 units and experiencing a remarkable year-on-year (YoY) growth of 93%in the nine-month period ending 31 December 2023. Range Rover and Defender continue to lead with a YoY increase of 250% and 150% (YTD), respectively, contributing to over 75% of the current order book. JLR India achieved 74% YoY growth in the third quarter of FY24, achieving retail salesof 1,226 units. The newly launched 24MY Range Rover Velar showcased an outstanding YoY growth of 183%in the quarter, signifi cantly bolstering sales in the period. Mr. Rajan Amba, Managing Director, JLR India, said,“Over the past nine months, JLR's progress in India has been characterized by consistent and substantial growth. Each ...
Sales of e-cars will increase by 115% to cross 82 thousand in 2023
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Sales of e-cars will increase by 115% to cross 82 thousand in 2023

Jaipur, January 11, 2024. Sales of Electric Vehicles (EV) are increasing rapidly in the country. 15.30 lakh EVs were sold in 2023, which is 49.25% more than 2022. 10.25 lakh EVs were sold in 2022, but during the same period, sales of electric cars increased by 115% to above 82,000. 82,105 electric cars sold in 2023. This is more than double i.e. 114.71% of the 38,240 e-cars sold in 2022. Last month, the share of electric cars in total car sales in the country increased to 2.5%, which was 1.3% in December 2022.
CarDekho Group’s Growth Trajectory Shines in 2023 with Positive Outlook for 2024
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CarDekho Group’s Growth Trajectory Shines in 2023 with Positive Outlook for 2024

Jaipur, January, 2024. CarDekho Group, India's leading Autotech and financial solution provider, has demonstrated outstanding growth across its House of Brands in 2023, strengthening its position as a market leader. It handles transactions over USD 2.2bn (on an ARR basis) and maintains a robust cash reserve of over INR 13000 mn, earmarked for both organic and inorganic growth projects. After maintaining a growth rate of over 60% in the last three years, the Group projects similar favorable growth in the upcoming year.  CarDekho Group has credited the growth to its businesses — New Auto, Rupyy (leading fintech platform for used car financing), InsuranceDekho (India’s leading #1B2B2C insurtech platform), and its Southeast Asia Business (largest Autotech and Used car financing plat...
Ola Electric will provide 25,000 jobs
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Ola Electric will provide 25,000 jobs

Jaipur, January 2024. Ola Electric's new EV manufacturing unit under construction in Krishnagiri district of Tamil Nadu will provide employment to about 25,000 people after running on full scale. Company's co-founder and CEO Bhavish Aggarwal gave this information at the Tamil Nadu Global Investors Meet. Bhavish said, 'Apart from manufacturing capacity, this EV hub spread over 2000 acres will also have vendor and supplier network. Together we will make Tamil Nadu and India the global epicenter of EV. Bhavish said that this will be India's first gigafactory. When it starts running on full scale, it is expected that about 1 crore two-wheelers will be manufactured here every year. In January last year, Ola Electric had signed an MOU with the Tamil Nadu government to invest ₹7,000 cror...
Mercedes-Benz GLS facelift launched at starting price of ₹1.32 crore
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Mercedes-Benz GLS facelift launched at starting price of ₹1.32 crore

Jaipur, January 09, 2024. Luxury car maker Mercedes-Benz has launched the facelift version of its premium SUV Mercedes-Benz GLS in the Indian market. The company has introduced the car with 2 trims and 5 color options. Its GLS 450 variant has been priced at ₹ 1.32 crore and the GLS 400D is priced at ₹ 1.37 crore. Apart from this, the company is also offering a servicing package of Rs 85 thousand. Mercedes has started booking the car and deliveries will start soon. The price of 2024 GLS is up to Rs 4 lakh more than the old version. The updated Mercedes-Benz GLS will compete with other luxury flagship SUVs like the BMW X7, Audi Q8, Volvo XC90 and Land Rover Discovery in India.
Tata Passenger Electric Mobility launches its first Pure EV architecture – ‘acti.ev’
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Tata Passenger Electric Mobility launches its first Pure EV architecture – ‘acti.ev’

Mumbai, 5th January 2024. Tata Passenger Electric Mobility (TPEM), the pioneer of the EV evolution in India, today introduced its first advanced Pure EV architecture – acti.ev (pronounced as active). acti.ev stands for (Advanced Connected Tech-Intelligent Electric Vehicle) and will underpin future products from the TPEM portfolio. Punch.ev will be the first product based on this Pure Electric Architecture, which will spawn a variety of products with multiple body styles and sizes. Starting today, customers can book their Punch.ev by visiting their nearest Tata Motors showrooms authorized for EV sales or Tata.ev stores by making a payment of just ₹21,000. Bookings can also be made online at https://bit.ly/punchev-bookingsopen. Commenting on this aspirational introduction, Mr. Ana...
Audi India registers 89% growth in 2023 – 7,931 retail units sold
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Audi India registers 89% growth in 2023 – 7,931 retail units sold

Mumbai, January 05, 2024. Audi, the German luxury car manufacturer, today announced robust growth of 89%retailing 7,931 units in the period January to December 2023. Positive growth followed on the back of three new product launches: Audi Q3 Sportback, Audi Q8 e-tron, and Audi Q8 Sportback e-tron, along with continued demand for the best-selling Audi A4, Audi A6, Audi Q5. Top-of-the-line cars including the Audi Q7, Audi Q8, Audi A8 L, Audi S5 Sportback, Audi RS5 Sportback, Audi RS Q8, Audi e-tron GT, and the Audi RS e-tron GT continued to witness strong demand. Mr. Balbir Singh Dhillon, Head of Audi India said,“2023 marks another successful year for us and our diverse and desirable product portfolio continues to garner robust demand. We remain steadfast to an upward trajectory,...
HERO MOTOCORP’S GURUGRAM MANUFACTURING FACILITY WINSCII NATIONAL AWARD
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HERO MOTOCORP’S GURUGRAM MANUFACTURING FACILITY WINSCII NATIONAL AWARD

New Delhi, January 03, 2024 The state-of-the-art manufacturing facility of Hero MotoCorp, situated in Gurugram in Haryana, has been conferred with the CII National Award for Excellence in Water Management, and rated as the ‘Winner’ in the ‘Within the Fence’ category. This is a recognition of the Company’s innovation and excellence in water management and the positive outcome of the water management initiatives at its Gurugram facility. As an organization,Hero MotoCorpis well on its way to achieving its committed target of being 500% water positive by 2025. Hero MotoCorp – the world’s largest manufacturer of motorcycles and scooters - is currently saving close to 3.8 million kiloliters of water every year. The Company is rapidly moving towards ‘water stewardship’ by not only red...
Guwahati takes the green route with 100 Tata Motors electric buses
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Guwahati takes the green route with 100 Tata Motors electric buses

Guwahati, 2nd January 2024. Tata Motors, India’s largest commercial vehicle manufacturer, today announced that it has supplied 100 electric buses to Assam State Transport Corporation (ASTC). The 9-metre, air-conditioned Tata Ultra electric buses that will ply on the roads of Guwahati are designed to provide a safe, comfortable and convenient intra-city commute. These zero-emission buses are indigenously built on a next-gen architecture, equipped with the latest features and are powered by advanced battery systems. The buses were launched by the Hon’ble Chief Minister of Assam, Dr. HimantaBiswaSarma on 1 January 2024. Commenting on the announcement, Mr. Rohit Srivastava, Vice President & Business Head – CV Passengers, Tata Motors, said, “Making public transport more effective and ...
TVS Motor Company’s Sales Grow By 25% in December 2023
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TVS Motor Company’s Sales Grow By 25% in December 2023

New Delhi, January 02, 2023. TVS Motor Company recorded monthly sales of 301,898 units in December 2023 with a growth of 25% as against 242,012 units in the month of December 2022.  Two-Wheeler Total two-wheelers registered a growth of 27% with sales increasing from 227,666 units in December 2022 to 290,064 units in December 2023. Domestic two-wheeler registered growth of 33% with sales increasing from 161,369 units in December 2022 to 214,988 units in December 2023.  Motorcycle registered a growth of 19% with sales increasing from 124,705 units in December 2022 to 148,049 units in December 2023. Scooter registered a growth of 34% with sales increasing from 76,766 units in December 2022 to 103,167 units in December 2023.  Electric Vehicle The Comp...
Tata Motors registered total sales of 234,981 units in Q3FY24
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Tata Motors registered total sales of 234,981 units in Q3FY24

Mumbai, January 2024. Tata Motors sales in the domestic & international market forQ3FY 2023-24 stood at 234,981 vehicles, compared to 228,169units during Q3FY 2022-23 Domestic Sales Performance: Category Dec’23 Dec’22 % Change Q3 FY24Q3 FY23 % Change Total Domestic Sales 76,13872,9974%229,610223,0013% Commercial Vehicles: Category Dec’23 Dec’22 % Change Q3 FY24Q3 FY23 % Change HCV Trucks  11,19910,17810%29,65627,6257%ILMCV Trucks 5,6755,2558%15,41114,0929%Passenger Carriers  3,0602,69414%7,7046,49419%SCV cargo and pickup 12,73414,827-14%38,96443,493-10%Total CV Domestic 32,66832,954-1%91,73591,7040%CV IB 1,51299552%4,7914,21014%Total CV 34,18033,9491%96...
Tesla’s first India manufacturing plant likely to be set up in Gujarat
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Tesla’s first India manufacturing plant likely to be set up in Gujarat

New Delhi, December 28, 2023. Electric vehicle (EV) manufacturing giant Tesla is likely to establish its first local India manufacturing plant in Gujarat. An announcement is likely to be made during the Vibrant Gujarat Summit scheduled for January 2024, with Tesla CEO Elon Musk likely to be present for the occasion. As per the report, Gujarat's strategic advantages, including its favourable business environment and strategic location, have positioned it as the preferred destination for Tesla's manufacturing endeavours.
Tata Motors electrifies Bengaluru’s urban commuting with 100 Starbus EVs
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Tata Motors electrifies Bengaluru’s urban commuting with 100 Starbus EVs

Bengaluru, 27th December, 2023. ata Motors, India’s largest commercial vehicle manufacturer, has accelerated Bengaluru's electrified public transport with the delivery of technologically-advanced Starbus EVs to Bengaluru Metropolitan Transport Corporation (BMTC). This marks a significant milestone as part of a larger order as per the agreement between TML Smart City Mobility Solutions Ltd., a Tata Motors subsidiary, and BMTC, encompassing the commencement of supply, operation and maintenance of 921 state-of-the-art 12-metre low-floor electric buses, over a 12-year period. Tata Starbus EV, an indigenous innovation, joins BMTC's fleet, boasting superior design and best-in-class features for a sustainable and comfortable commuting experience. Aligned with the Make in India and Atmanirbhar ...
Tata Motors bags prestigious order of 1350 bus chassis from Uttar Pradesh State Road Transport Corporation 
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Tata Motors bags prestigious order of 1350 bus chassis from Uttar Pradesh State Road Transport Corporation 

Mumbai, 26th December 2023. Tata Motors, India's largest commercial vehicle manufacturer, today announced that it has secured a prestigious order from the Uttar Pradesh State Road Transport Corporation (UPSRTC) to supply 1,350 units of the Tata LPO 1618 diesel bus chassis. Developed for intercity and long-distance travel, the Tata LPO 1618 conforms to BS6 emission protocols, delivers superior performance, excellent passenger comfort and offers best-in-class total cost of ownership (TCO). This order was won by Tata Motors following a competitive e-bidding process conducted via the Government tendering process and the bus chassis will be supplied in a phased manner. Receiving the order, Mr. Rohit Srivastava, Vice President & Business Head – CV Passengers, Tata Motors, said, “Making...
Audi India prioritizes the development of a holistic EV ecosystem
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Audi India prioritizes the development of a holistic EV ecosystem

New Delhi, December 2023.  Audi is making a gradual but surefooted transition to sustainable mobility with a slew of recent decisions accelerating this transition. Audi India launched fiveelectric cars in India in 2021 and currently has the widest luxury EV portfolio in the segment. All six cars –the Audi Q8 50 e-tron, Audi Q8 55 e-tron, Audi Q8 Sportback 50 e-tron, Audi Q8 Sportback 55 e-tron, Audi e-tron GT and Audi RS e-tron GT – have received an overwhelming response and continue to receive sustained interest from customers. The brand currently has a strong order bank for the e-tron range, indicating robust demand for luxury electric cars. Customers who know the merits of going electric are not hesitating to make the shift and this is driving demand with first-movers. Audi I...
Tata Motors’New Safari and Harrier SUVs receive first ever Bharat-NCAP 5-star rating
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Tata Motors’New Safari and Harrier SUVs receive first ever Bharat-NCAP 5-star rating

Mumbai, December 21, 2023. Continuing with its legacy of introducing the safest vehicles on Indian roads, Tata Motors, India’s leading automobile brand, today set another example for the Indian automotive industry. Itsiconic, flagship SUV, thenew Safari and the trendsetting, premium SUV the Harrier, have become the first recipients of the 5-star rating (adult occupant protection and child occupant protection), as per the Bharat New Car Assessment Programme (Bharat-NCAP), India’s very own and independent safety performance evaluation protocol. Announcing this distinctive achievement, Hon’ble Union Minister for Road Transport and Highways, Shri Nitin Gadkari ji, said, “Bharat-NCAP is India’s independent, atmanirbhar voice on vehicle safety. It is benchmarked to the best-in-class global...
Tata Passenger Electric Mobility inaugurates its exclusive TATA.ev stores in Gurugram
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Tata Passenger Electric Mobility inaugurates its exclusive TATA.ev stores in Gurugram

Gurugram, December 2023. As electric vehicles in India continue their growth trajectory, the consumer demographic is rapidly evolving as EV owners expect a seamless blend of advanced technology, sustainable practices, and personalized services. In line with these evolving trends, TPEM extends its new brand identity, TATA.ev, to its first physical manifestation of sales and service experience. Marking a distinct transition from traditional 4-wheeler showrooms, the TATA.ev stores are designed around the core values of sustainability, community, and technology. These showrooms will embody the core philosophy of ‘Move with Meaning’ and offer an inviting and immersive space for the EV community. Commenting at the inauguration of the new showrooms, Shailesh Chandra, MD, Tata Motors Passeng...
Tata Motors charts a green course for the future of transportation
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Tata Motors charts a green course for the future of transportation

New Delhi, December, 2023. In the midst of India's urbanisation and a growing focus on sustainable mobility, the shift towards cleaner transportation options has become crucial. With the country moving towards electric and hydrogen cell-based vehicles, there's a pressing need for an interim solution to reduce emissions. Natural gas, recognised as a 'transition fuel,' serves as an ideal bridge. Tata Motors, India’s leading automobile company, is actively contributing to the development of natural gas-powered vehicles. Leveraging their expertise and commitment to innovation, Tata Motors is playing a pivotal role in shaping the transition to sustainable transportation in India. A Niti Aayog report projects a fourfold increase in trucks on Indian roads by 2050, emphasising the need for a...
Empowering Journeys – Tata Motors Cheers on the Growing Excitement Among Women Embracing Electric Vehicles
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Empowering Journeys – Tata Motors Cheers on the Growing Excitement Among Women Embracing Electric Vehicles

Jaipur, December 19, 2023.  The increasing acceptance of electric vehicles in India is mirrored by a notable uptick in the preference for EVs among women buyers, showcasing a progressive shift in the automotive landscape.TATA.ev (Tata Motors) has played a pioneering role in the electric vehicle (EV) segment, driving widespread adoption through innovative advancements and a commitment to sustainable mobility. Tata Motors’ EV sales have consistently shown impressive year-on-year growth. In FY23, the Company sold more than 48,000 EVs, and they have already sold over 37,000 EVs in H1 of FY24.These figures indicate a growing demand for EVs as the market continues to mature and adoption barriers decrease. The recent data, analytics, and customer feedback by TATA.ev shed light on the r...
A ‘LEAP’of a Lifetime with Tata Motors
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A ‘LEAP’of a Lifetime with Tata Motors

New Delhi, December, 2023. Young men and women from different parts of the country have taken a LEAP of faith with Tata Motors’ initiative ‘LEAP (Learn Earn and Progress Programme)’for the past decade. Run under the Public-Private-Partnership Model (Industrial Training Institutes, Tata Motors dealers& TASSs and Tata Motors), the programme aims to provide sustainable livelihoods, especially to unskilled youths from disadvantaged sections of society. Notably, the programme's success is evident as it has expanded from two institutes in 2013 to an impressive 60 institutes by 2022, and 1500 youth get trained under the programme every year. A 12-month programme, the LEAPcurriculum dedicates 70% of the curriculum to hands-on experience at service centres, creating a comprehensive learni...
Revolt RV400 launched in lightning yellow shade
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Revolt RV400 launched in lightning yellow shade

New Delhi, December 14, 2023. Revolt Motors has launched its popular electric bike Revolt RV400 in the Indian market in Lightning Yellow color shade. The motorcycle has a blacked-out underbody, including the lower fairing and wheels, which gives the bike a sporty look. The company claims that the bike gives a range of 150 kilometers on a full charge. Apart from the new color option, the company has not made any mechanical update or change in the price of the electric bike. Earlier, the company has been introducing new colors on Revolt RV400. Earlier, the company had introduced Stealth Black Limited Edition and India Blue Cricket Special Edition shades. At the same time, the bike is also available in standard color options – Cosmic Black and Mist Grey.
Lamborghini Revoluto launched in India at ₹8.89 crore
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Lamborghini Revoluto launched in India at ₹8.89 crore

Mumbai, December 13, 2023. Lamborghini India launched the new supercar Revulto in the Indian market. At the launching event held in Mumbai, it was told that this is Lamborghini's most expensive and most powerful car till date in India. The luxury car manufacturer claims that this is the first supercar to come with a plugin hybrid V12 engine, which takes just 2.5 seconds to reach a speed of 100kmph. The Italian supercar manufacturer has launched it to replace the Aventador LB744, which was discontinued in 2022. Prices for the Revoluto start at Rs 8.89 crore (ex-showroom).
A NEW ERA FOR RANGE ROVER: WAIT LIST FOR RANGE ROVER ELECTRIC NOW OPEN AS PROTOTYPE TESTING PHASE BEGINS
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A NEW ERA FOR RANGE ROVER: WAIT LIST FOR RANGE ROVER ELECTRIC NOW OPEN AS PROTOTYPE TESTING PHASE BEGINS

Mumbai, India, 13 December 2023. Today, Range Rover opens the wait list for its highly anticipated Range Rover Electric, ahead of formal orders opening to clients. Geraldine Ingham, Managing Director, Range Rover said, “Since going on sale in 2021 the latest generation Range Rover has set a new benchmark for desirability. Across the globe, we’re seeing the highest levels of client demand in our 53-year history.Because of this unprecedented success story, we’re now opening the official wait list for the opportunity to be among the first to place a pre-order for the most anticipated Range Rover of recent times.Marking a new era for the Range Rover brand: the original luxury SUV is now available as an all-electric model.” Announcing the next stage in its modern luxury elect...
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