🏢 Industry
Empowering Young Minds for Safer Roads: ETAuto and Envalior StreetSmartees Campaign
The campaign landed in Noida with two engaging workshops, conducted at government schools in the city, marking the beginning of a series of such events.
Tata Motors total domestic sales rises 2% to 90,822 units in March
Tata Motors on Monday reported a 2% rise in its total domestic wholesales at 90,822 units in March. In the year-ago period, the company posted total domestic wholesales of 89,351 units.
Tata Motors’ PV sales shoots up by 15% in Q4 FY2024 — Punch, Nexon major contributors
Tata Motors has announced its annual sales numbers for FY 2023-24. The Pune-based automaker is a prominent name in both commercial and passenger vehicle segments. The company sold a total of 2,65,090 vehicles in Q4 FY 2023-24, compared to 2,51,822 units sold during Q4 FY 2022-23.
'One Vehicle, One FASTag' norm comes into force
State-owned National Highways Authority of India's 'One Vehicle, One FASTag' norm, which aims to discourage the use of single FASTag for multiple vehicles or linking multiple FASTags to a particular vehicle, has come into force from Monday, a senior official said.
Auto Wholesales in FY24: PVs record 42 lakh units, 2Ws grow double-digits, CVs in red
New Delhi: Automobile dispatches from the factories to the dealerships during the fiscal year ended March 2024 were in green for passenger vehicles (PVs) and two wheelers (2Ws). However, owing to several factors the dispatch numbers marked a de-growth for certain commercial vehicle (CV) makers.
Hyundai and Gosports to launch Samarth Para-Sports Programme
Hyundai Motor Foundation India and the GoSports Foundation have joined forces to launch the ‘Samarth Para-Sports Programme’. It was launched under the Hyundai social initiative ‘Samarth by Hyundai’. The Samarth Para-Sports Programme is a comprehensive initiative aimed at identifying and training India’s next generation of Paralympic stars.
No petrol, diesel vehicles in India: Gadkari vows to eliminate fuel cars
As part of his ambition to make India a green economy, Union minister Nitin Gadkari wants to slash GST on hybrid vehicles and has vowed to rid the country entirely of the over 36 crore petrol and diesel vehicles. "100%," Gadkari, the Union Minister for Road Transport and Highways, said when asked whether it is possible for India to get rid of petrol and diesel cars altogether.
Domestic car sales in last financial year grew by nearly 9% to a record 4.23 mn units
Robust rural growth, strong demand for SUVs drive car sales in FY24
New INR 500 crore scheme to promote electric mobility kicks in from April 1
New ₹500 crore e-mobility scheme kicks in from today. All you need to know
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'Govt pushing ACC battery storage scheme, budget hiked 6x in few years'
The National Programme on Advanced Chemistry Cell (ACC) battery storage was approved by the Union Cabinet on May 12, 2021 with budgetary outlay of Rs 18,100 crore.
Electric vehicle industry continues to lose charge on localisation woes
However, localisation still poses a hurdle for the EV industry, as cells that contribute to almost 50 per cent of the EV price are still being imported from China and South Korea.
Auto firms warn of slower volume growth
Carmakers expect India’s passenger vehicle volume growth to taper off to 2.5-3% in FY25, from 9% recorded in FY24 as price hikes, inflationary pressures, and expensive loans threaten to dent growth on the back of the high base of FY24.
New auto mission plan to focus on growth, exports
New Delhi: As part of its Vision 2047, the government has started consultations with the industry to frame a national automotive plan, or a long-term vision document, to promote the sector and new technologies such as electric mobility.
PV sales in FY24 crosses staggering 4.2-million mark
Leading vehicle manufacturers including Maruti Suzuki India (MSIL), Hyundai Motor India (HMIL), Tata Motors and Mahindra & Mahindra have reported record sales in FY24 in their domestic wholesales (dispatches to dealers) to cross a total industry volume of 4.2 million units from 3.89 million units in FY23.
📝 Govt pushing ACC battery storage scheme, budget hiked 6x in last few years: Official
📝 India to witness surge in EV sales while global demand falls. Here’s why
📝 Govt likely to announce FAME 3 in Union Budget in July 2024: What to expect
📝 From dashboard to junkyard: Understanding e-wastes in the auto sector
Read More >>
🎤 Interviews & Features
Hybrids can be a bridge to carbon-free mobility
For all the policy promotion of electric vehicles (EVs), their sales figures in India have been a disappointment as far as four-wheelers go. Even hybrid cars, which get no policy push, have lately been selling more. Consider the automobile sales numbers for 2023-24. In the second half of the year, around 52,000 units were sold of hybrids, which combine combustion engines with battery-powered propulsion to reduce fuel emissions. In comparison, sales of all-electric four-wheelers lagged at 48,000 units. For the full year, EVs nosed ahead with almost 100,000 units, while hybrids sold about a tenth less. The latter have significant consumer appeal, evidently, in spite of bearing a heavier tax burden. This may explain why transport minister Nitin Gadkari has sent a proposal to the finance ministry, as reported, to place hybrids in the same 5% GST bracket as EVs. Currently, hybrids are taxed at par with fossil-fuelled vehicles: at the top GST rate of 28%, that is, with a cess levied on top of that, taking the effective levy higher. It may be time, however, to incentivize hybrids too as we go about electrifying transport towards India’s overarching aim of carbon neutrality by 2070.
Honda Elevate, City and Amaze are now safer. Check new safety features and price
Honda Elevate, City and Amaze receive comprehensive safety upgrades: Standard six airbags, ELR seat belts and more
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EV market going to broaden; Maruti Suzuki top pick for 2024: Kumar Rakesh
Do you concur with the view that a two-wheeler is going to be the big breakout in 2024 in terms of sales because in terms of the stock performance, last year was very good for the likes of TVS and even Bajaj Auto. Do you see rural sales picking up in the two-wheeler segment?
Tata budget showdown: Punch vs. Tiago, comparison of on-road prices
Source Credit: The Economic Times (Brand Connect Initiative)
In the competitive Indian vehicle industry, budget-conscious shoppers are continuously on the search for good value. The Punch and Tiago are two strong challengers in this market. These cars promise affordability and usability in their segment, making them popular choices among car buyers. However, the question remains—which one offers the best value in terms of on-road prices? In this post, we'll look at the on-road costs of these two popular Tata cars, including their variations, specs, and overall value offer.
Punch vs. Tiago - Engine, Gearbox, and Performance
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Tata Tiago
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Tata Punch
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Engine
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1.2L Revotron Engine, 1.2L Revotron CNG Engine
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1.2L Revotron Engine, 1.2L Revotron CNG Engine
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Maximum Power
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86.5 bhp (Petrol)72.4 bhp (CNG)
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86.5 bhp (Petrol)72.4 bhp (CNG)
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Peak Torque
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113 Nm (1.2L P)95 Nm (1.2L CNG)
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115 Nm (1.2L P)103 Nm (1.2L CNG)
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Transmission
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5-Speed Manual (Petrol and CNG)5-Speed AMT (Petrol)
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5-Speed Manual (Petrol and CNG)5-Speed AMT (Petrol and CNG)
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Mileage
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20.01 km/l (P MT) 19.43 km/l (P AMT)26.49 km/kg (CNG)
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20.09 km/l (P MT) 18.8 km/l (P AMT)26.99 km/kg (CNG)
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Fuel Tank
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35L (Petrol)60L (CNG)
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37L (Petrol)60L (CNG)
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One electric car in two years: How slow lanes of localisation proof rob companies of PLI benefits
When the Production Link Incentive (PLI) scheme to boost domestic manufacturing of advanced automotive technology products, including EVs and their components, got the Cabinet nod in September 2021, it was touted to be a game changer. And understandably so. The outlay was a whopping INR26,000 crore for five years (FY22-23 to FY26-27). The scheme was to roll out from April 1, 2022.
📝 Actor Harshvardhan Rane purchases Toyota Innova Hycross Hybrid: Engine, mileage and more
📝 Digitisation will be key driver for Mahindra Finance, says MD designate
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🚗 Cars / SUVs
Toyota records best financial year in India, clocks over 2.63 lakh units
Toyota Kirloskar Motor (TKM), the Indian arm of Toyota Motor Corporation, has maintained its sales momentum, achieving new milestones in both fiscal year performance and monthly wholesales.
Maruti Fronx-based Toyota Taisor teased ahead of launch on April 3
Toyota is gearing up to launch a new vehicle named Taisor on April 3 which is expected to be based on the Maruti Suzuki Fronx. The Japanese carmaker has officially teased the upcoming vehicle on its social media handles and we can safely presume, given the visuals, that the Taisor will indeed be a rebadged Fronx.
Five upcoming Tata vehicles in 2024: Curvv EV, Harrier EV, Altroz Sport and more
Tata Motors is set to unveil a lineup of exciting new cars in India in 2024. After showcasing a host of internal combustion and all-electric vehicles at the Bharat Mobility Global Expo 2024, here’s a sneak peek at what’s in store for 2024.
Refreshed Seltos line up begins from INR 10.89 lakh
New Delhi:Kia India is enhancing the premium value proposition of the 2024 Refreshed Seltos with an updated combination of engine and transmission and enhanced features across the trim line. The refreshed Seltos lineup now begins from INR 10.89 lakh (Ex-showroom Pan India), with the revised prices set to take effect from April 1, 2024.
MG India records 14% YoY growth in FY24
MG Motor today announced that it had registered retail sales of 4,648 units in India, ending March 2024. In FY24, the carmaker registered around 14 per cent YoY growth over the last FY23.
Mahindra sells 40,631 SUVs in March– XUV700, Scorpio N, Thar drive sales
Mahindra has been churning out good numbers for a few years now. The company made some major launches in the post-pandemic era. Thar, XUV700 and Scorpio N, all of them massive successes in the Indian market. The Chakan-based automaker sold a total of 68,413 vehicles in the country in March this year including PVs, CVs, and tractors.
Maruti Suzuki registers 15% growth in March 2024 while UV sales witness 57% growth
India’s leading carmaker, Maruti Suzuki, registered domestic sales of 1,52,718 passenger vehicles in March 2024, witnessing a YoY growth of 15 percent, as compared to selling 1,32,763 units in March last year. During FY23, Maruti Suzuki’s total domestic passenger vehicle sales stood at 16,06,870 units compared to 17,59,881 units sold in FY24, registering a 9.5 percent growth.
Hyundai Motor India targets 20% sales from rural market, diesel demand to remain stagnant
Hyundai Motor India, one of the leading passenger vehicle manufacturers reported best-ever annual wholesales with 614,721 units sold in the country, which is 8 percent higher over last year. And for the upcoming year, Tarun Garg, COO, Hyundai Motor India expects “growth moderating” for the passenger vehicle segment overall. He however believes it is not an area of concern.
Hyundai Motor domestic sales in March 2024 at 53,001 units
Hyundai India has registered its highest-ever total sales of 7,77,876 units in FY24 with a YoY growth of 8 percent over last year. The company also reported its highest-ever domestic sales since inception, registering 6,14,721 units in FY24.
Honda introduces six airbags and other safety features across its range
Honda Cars India has reinforced its commitment to safety by introducing upgraded safety features in its line-up comprising of the Elevate, City, City e:HEV and Amaze.
Rural demand & SUVs propel India's record-breaking car sales in FY24
Rural India drives passenger vehicle sales record in FY24
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📝 Maruti Suzuki India total sales rise 10 pc at 1,87,196 units in March
📝 Hyundai sales up 7% in March; reports highest-ever sales at 7,77,876 units in FY '24
📝 MG Motor India sales decline 23% in March
📝 Hyundai Creta walks away with another record month, 16,458 units sold in March
📝 Kia Seltos automatic gearbox gets cheaper with two new variants. Check details
📝 Toyota Urban Cruiser Taisor teased ahead of April 3 debut
📝 Inside Tata Motors' Integrated Safety Centre: What goes behind the crash testing of vehicles
📝 Share of SUVs scales 50% of sales in FY24
📝 Hyundai dominates Tata Motors to regain No. 2 spot in Indian car market
📝 Mahindra & Mahindra auto sales fall in March compared to February
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🚗 Luxury Cars
📝 Driving change: India's luxury electric car revolution
Read More >>
⛟ Commercial Vehicles
Forging ahead to safety and efficiency in commercial mobility leveraging technology
New Delhi: In a discussion centred on "Enhancing Safety and Efficiency Through Sustainable Transportation Management," industry leaders converged to address the challenges and promising innovations within the realm of commercial transportation at The Economic Times CV and Logistics Conclave held on March 15, 2024 at Hilton Mumbai International Airport.
Ashok Leyland domestic sales decline 7% to 21,317 units in March
New Delhi: Ashok Leyland announced its March sales with total domestic sales at 21,317 units, recording a 7% decline compared with 22885 units in March 2023.
📝 Sheerdrive acquires pre-owned CV online evaluation and pricing platform Otobids
📝 Nashik-Saptashrungi route to have AC e-buses
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🏗 Construction & Agri Machinery
Escorts Kubota domestic sales at 8,054 tractors in March
New Delhi: Escorts Kubota Limited Agri Machinery Business Division in March 2024 sold 8,587 tractors as against 10,305 tractors sold in March 2023, which observed 16% drop. Export tractor sales in March 2024 were at 533 as against 704 tractors sold in March 2023.
📝 Mahindra’s farm equipment domestic sales fall 28% Y-o-Y to 24,276 units
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🏍 2/3 Wheelers
F2 racer Kush Maini seals sponsorship with TVS Racing
TVS Motor confirmed a sponsorship contract with Formula F2 racer Kush Maini. This action demonstrates TVS Racing’s commitment to Indian motorsport. According to the company, it is India’s first factory racing team and the originator of the One Make Championship (OMC) in India.
Suzuki Motorcycle India sales up 18% to 86,164 units in March 2024
Suzuki Motorcycle India, a leading two-wheeler manufacturer, sold 11,33,902 units in 2023-24, against 9,38,371 units in 2022-23, a growth of 21%. This is said to be the company’s highest-ever sales figures.
TVS Motor domestic 2W sales rise 8% to 260,532 units in March 2024
New Delhi: TVS Motor Company registered a growth of 12% with sales increasing from 317,152 units in March 2023 to 354,592 units in March 2024.
Royal Enfield domestic sales up 11% to 66,044 units in March 2024
New Delhi: Royal Enfield recorded total sales of 75,551 motorcycles in March 2024, an increase of 5%, as against 72,235 units sold during the same period in the previous financial year.
📝 Suzuki V-Strom 800DE launched in India. What else can you buy?
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🚲 Electric 2/3 Wheelers
Yulu launches franchise partner business model for shared mobility in Indore
Yulu, one of India’s largest shared electric two-wheeler mobility player, has launched its services in Indore, Madhya Pradesh, in partnership with a city-based firm, Yuva Mobility, which is led by Tarun Sharma and Shivani Sharma, will independently operate Yulu’s EV across Indore, with infrastructural and technological support from Yulu.
CEO Bhavish Aggarwal unveils ‘Ola Solo’, India's first autonomous electric scooter with AI features: Details
Ola, a mobility platform, has introduced an innovative addition to the electric scooter market with the launch of the 'Ola Solo.' Touted as 'India's first autonomous electric scooter,' Solo boasts features aimed at revolutionizing urban commuting.
Ola Electric registers 115% growth in FY24, registers highest-ever sales in March 2024
Ola Electric has announced that it recorded over 53,000 registrations (as per VAHAN Portal) in March, posting its highest-ever monthly volumes yet again for the fifth consecutive month. The company achieved a YoY growth of 115 percent in FY24 over FY23 with 3,28,785 units registered as against 1,52,741 units in FY23.
Electric 2w sales grew by a third last fiscal despite policy bumps
New Delhi: The electric two wheeler industry has been in a churn due to policy flip-flops last fiscal. It still managed to grow by almost a third. Data from the Vahan portal shows that 910,930 units of electric two wheelers (e2w) were sold in 2023-24, against 682,937 units in 2022-23, a growth of nearly 33.3%.
📝 Ather is all set to introduce its first family scooter, Rizta. Check details
📝 Komaki launches Cat 2.0 NXT electric moped at Rs 99,500: Up to 140 km range, 79 kmph top speed
Read More >>
⚙ Components
Uno Minda appoints Vivek Jindal as Director, and A.G Giridharan as CEO-SCS domain
New Delhi: Uno Minda, a leading automotive brand, has appointed Vivek Jindal as Whole-time Director for three years from April 1, 2024 to March 31, 2027, and A G Giridharan as CEO-Safety and Comfort System Domain (SCS), according to the company’s regulatory filing.
Uno Minda to invest in SPV for solar power energy; stock rises
Bengaluru: The board of Uno Minda Ltd has approved an additional investment of ₹2.27 crore by way of subscription of equity shares of Strongsun Renewables Pvt. Ltd., a special purpose vehicle (SPV) of the company.
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🌇 Allied Industries
IOCL, Panasonic to form JV to manufacture lithium ion cells
State-owned Indian Oil Corporation Ltd (IOCL) and Panasonic Group Company Panasonic Energy announced that the two companies will form a joint venture for manufacturing cylindrical lithium-ion cells in the country.
Roadcast launches Fuel Sensor to help logistics industry optimise operations
Roadcast, a tech start-up, has launched Roadcast Fuel Sensor, which it claims is a product intended to transform fuel management within the logistics industry.
📝 Indian Oil ropes in Panasonic for manufacturing cylindrical lithium-ion cells in India
📝 BH series number plate: Everything you want to know
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🌢 Fuels, Lubricants & Charging Stations
📝 Oil gains on upbeat manufacturing data, escalating Middle East tensions
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📖 Magazines News
Husqvarna Svartpilen 401 to get Apollo tyres in India, not Pirellis
Source Credit: AI
Husqvarna Svartpilen 401 motorcycles have begun to arrive at showrooms with a different set of tyres than was originally promised, but it appears that this is out of Bajaj’s hands.
Kia Seltos automatic now more affordable; prices start at Rs 15.40 lakh
Source Credit: Autocar India
Kia has launched two new automatic variants of the Seltos SUV, making the auto gearbox a lot more accessible than before. Available on HTK+ trim, the new Seltos HTK+ petrol-CVT is priced at Rs 15.40 lakh while the Seltos HTK+ diesel-AT has been priced at Rs 16.90 lakh. Kia has also updated the other existing trims with new features.
Kia Sonet gets more features in lower variants; prices start from Rs 8.19 lakh
Source Credit: Autocar India
In January 2024, Kia launched the Sonet facelift in India and the brand has now launched two new trims. The HTE(O) trim sits just above the base HTE trim is priced at Rs 8.19 lakh (ex-showroom) for the petrol engine , while the diesel HTE(O) is priced at Rs 10.00 lakh.
Honda Amaze line-up shrinks ahead of full model change
Source Credit: Autocar India
Honda had recently updated its entire line-up with some new standard safety features, including six airbags for City and Elevate, as well as seat belt reminders for all 5 seats for City, City Hybrid (e:HEV), Elevate, and Amaze. The update has also resulted in Amaze losing out on two of its variants - E and Elite Edition.
Honda City, Elevate now get six airbags as standard
Source Credit: Autocar India
Honda Cars India has introduced some new safety features for its entire range in the country, including City, City e:HEV (Hybrid), Elevate, and Amaze. As a part of the update, the City and Elevate are now equipped with six airbags, 3-point emergency locking retractor (ELR) seat belts and seat belt reminder for all 5 seats as standard across all trims.
Toyota Urban Cruiser Taisor previewed ahead of launch
Source Credit: Autocar India
Ahead of its price announcement on April 3, Toyota has shared first set of teaser images of the Taisor compact SUV. Deliveries for the Taisor will take place by late April or early May, dealer sources have said.
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📰 International News
Toyota Hilux electric production confirmed for 2025 in Thailand
Toyota Hilux has been a workhorse for more than five decades now and described as an indestructible vehicle that could survive an apocalypse. With its direct rival Ford F150 transforming into an all-electric vehicle, it was only a matter of time before Toyota decided to reincarnate the Hilux in a battery-powered avatar.
Hyundai Ioniq 5 Robotaxi passes driver’s license test
Hyundai has released a campaign film showing the all-electric, self-driving Ioniq 5 robotaxi successfully completing a process similar to a US driver’s license test.
Smartphone giant Xiaomi's EV buyers face up to 7-month wait for car
Xiaomi is advising would-be buyers of its new SU7 electric sedan that they could face an up to seven-month wait, its app showed on Monday, in a sign that the Chinese electronics maker is enjoying strong demand for its vehicle.
Potential Tesla buyers snub company as Musk's reputation dips: Survey
The ranks of would-be Tesla buyers in the United States are shrinking, according to a survey by market intelligence firm Caliber, which attributed the drop in part to CEO Elon Musk's polarizing persona.
📝 Xiaomi's EV buyers face up to seven-month wait for car, app shows
📝 China's SAIC aims to slash jobs at GM, VW ventures and EV unit, sources say
📝 Porsche Mission X-inspired hypercar likely to get all-wheel drive
📝 KTM 1390 Super Duke GT spotted being tested in Europe. Here’s what to expect
📝 Millions of recalled Hyundai and Kia vehicles with a dangerous defect remain on US roads
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