Commenting on the sales performance, HMIL Director (Sales, Marketing & Service) Tarun Garg said the company has been able to contribute towards triggering the country's economic revival.
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The company said on June 26 that 140 of the roughly 8,000 staff at the factory had caught the virus and two had died. It said work there would not be stopped, however, as the company wanted to learn to "live with the virus".
The BS-VI compliant petrol versions of the model are priced at Rs 8.5 lakh and Rs 9.7 lakh, while the BS-VI diesel trims are tagged at Rs 9.8 lakh and Rs 11 lakh.
As the share of diesel car sales in the passenger vehicle segment has come down from around 60 per cent in 2012-13 to 28 per cent in 2019-20 (17 per cent share in Q4 FY20), Shashank Srivastava, ED, sales and marketing at MSIL, said ownership of diesel cars do not make much of economic sense.
The Bench said it had directed that vehicles sold till March 31 can be registered till April 30 in the “special circumstances”.
The auto major has commenced production at the facility adhering to 100 per cent compliance of safety and social distancing norms, Hyundai Motor India said in a statement.
According to officials, although the company had applied for permission to operate with 4,696 employees, they have received permission to put only 600 to work.
According to Detroit news, roughly 20 employees at Mahindra's Auburn Hills manufacturing site are making aspiration boxes from the plastic polycarbonate windshields used in their vehicles, as well as face shields and masks.
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Sharad Agarwal, Head of Lamborghini India said that an averange Lamborghini owner in India is in the 25-45 age bracket and most were businessmen or industrialists. Despite this profile, he said, 60-65 per cent of them avail auto finance.
Shailesh Chandra, president, electric mobility business & corporate strategy at Tata Motors, tells The Indian Express electric vehicle future is imminent and he would go with an aggressive portfolio of products.
With its compact design and off-road capabilities, the vehicle speaks volumes about Suzuki's engineering capabilities, he added. Suzuki sells the Jimny across 194 countries.
While the company already has its EV rolled out in the market, he said that Hyundai may introduce its mass market EV over the next 2-3 years and that their EV vision is in line with that of the government.
Stating that MSIL will focus on small mass EV, he said that industry sales, which have been under pressure for over a year now, should start improving after April once the transition to BSVI is complete and there is an uptick in economy.
The biennial event, billed as Asia’s biggest automotive expo in terms of footfalls, was also testament to the sobering realisation that the Centre’s electric mobility push is floundering
Auto Expo 2020 India: The exhibition saw Maruti Suzuki India (MSI), the country's largest carmaker, unveiling its compact SUV Vitara Brezza with BS VI-compliant petrol engine. Meanwhile, Italian two-wheeler maker Piaggio unveiled its premium scooter Aprilia SXR 160, which has been designed specifically for Indian conditions.
China's biggest SUV maker, GWM will officially debut its Haval brand and electric vehicles at the upcoming Auto Expo and launch its Indian market plan.
Audi, which once enjoyed a leadership position in the Indian luxury car segment, has devised a strategy for this year and next five years, with a focus on customers, products, network, and digitalisation to revive its growth prospectors in India.
Sales of electric autos were double those from the year before, but they were still dwarfed by their fossil-fuel-powered brethren.
Uber turbocharged the gig economy and since 2010 has logged 15 billion trips. Kalanick was ousted as CEO in the summer of 2017 with the company mired in numerous lawsuits.
Passenger vehicle sales in India rose marginally in October aided by positive festive season sentiment and introduction of new models in utility vehicle space, just about managing to snap 11 continuous months of decline in sales, according to figures released last month by auto industry body.
A possible defect may have occurred in the MGU during manufacturing by an overseas global part supplier, the company said, adding that vehicles requiring replacement of faulty part will be retained for part replacement free of cost.
Announcing its strategic plan to 2025, the South Korean company pledged to spend almost half the new money on electrification. Autonomous driving will soak up 1.6 trillion won of the total, Hyundai said Wednesday.