The country's largest carmaker Maruti Suzuki India (MSI) on Saturday said it has achieved the milestone of 20 lakh cumulative exports. The auto major achieved the milestone as a batch of products comprising S-Presso, Swift and Vitara Brezza left for South Africa from the Mundra Port in Gujarat.
BMW Motorrad India has launched the all-new BMW R 18 Classic in the country. The all-new BMW R 18 Classic can be ordered as a completely built-up unit (CBU) from today onwards through the BMW Motorrad dealer network for ex-showroom price of Rs 24,00,000. It comes with a standard warranty for ‘three years, unlimited kilometers’.
In a regulatory filing, it said the board has decided to obtain shareholders' approval for 'sale, lease' or disposal of 'the whole or substantially, the whole of the Uttarpara and the Pithampur plant as a going concern'.
Currently, Omega Seiki has two manufacturing plants in India, located at IMT Faridabad and IMT Manesar, Haryana. The vehicles manufactured in Bangladesh will be sold under the OSM brand through local partners and franchises.
“I am requesting to [Sic.] auto manufacturing companies to take it (localisation) very seriously. Otherwise, for import of components we will think on the direction to increase more custom duty on that,” the minister said. “So, this is the time for the industry to support ‘Make in India’ movement.”
The likes of Tata Motors and Mahindra & Mahindra, who have raised prices twice in 6 months, have already hinted at a price increase come April. Eicher Motors-owned Royal Enfield too has indicated at yet another round of 3-5% price increase having already raised prices by a similar quantum at the beginning of 2021.
The combination of supply shortages and surging demand has put pressure on prices with overall chip prices going up by 4-6% in 2021, with supply constraints set to last for the next 2-3 quarters. Not only car companies, semiconductor firms are also looking for alternatives.
The commercial vehicle maker's digital integration across its business began in 2017, with the launch of a digital marketplace which included a host of solutions like iALERT, Service Mandi, Leykart and eDiagnostics.
Under the partnership, Amazon India has deployed close to hundred Mahindra Treo Zor EVs in seven major cities, the companies said in a joint statement. The cities where the electric three-wheeler, Mahindra Treo Zor have been deployed so far include Bengaluru, New Delhi, Hyderabad, Ahmedabad, Bhopal, Indore and Lucknow.
The firm, which on Monday launched the all-new Safari SUV with introductory prices ranging from Rs 14.69 lakh to Rs 21.45 lakh, is seeking to build on the legacy of the Safari brand which “has played a leading role in shaping the Indian SUV market”.
The Karnataka government has set itself a target to replace half of petrol and diesel-run government vehicles with electric vehicles in the next 2-3 years, deputy chief minister C N Ashwath Narayan said.