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Spark Minda Group acquires Stoneridge JV stake, eyes more acquisitions in future with a $100 million investment plan

By:: AUTONEXA
Nov 3, 2021

Minda Corp. has lined up over $100 million (about Rs 750 crore)  of investment in the next three years to outpace the slowing market by aiming to transform into a supplier of entire systems as opposed to just a few parts to automakers. Minda Corp., part of Ashok Minda's Spark Minda Group, boug...

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Maruti Suzuki domestic PV sales fall 33% to 108,991 units in October

By:: AUTONEXA
Nov 2, 2021

New Delhi: India’s largest carmaker Maruti Suzuki India Limited (MSIL), reported a 33.4% decline in its domestic passenger vehicle sales to 108,991 units in October 2021. The company sold 163,656 units in October last year. Total domestic sales of Maruti Suzuki (including passenger cars ...

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Made-In-India Maruti Suzuki Baleno Gets Zero Stars In Latin NCAP Crash Test - Autonexa

By:: AUTONEXA
Oct 29, 2021

The made-in-India Maruti Suzuki Baleno has just been put through the Latin NCAP crash and emerged with a score of zero stars. The model tested was manufactured at the Maruti Suzuki plant in Gujarat and exported to Latin American markets. Earlier this year, another Indian-made Suzuki car, the Swift, ...

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Bajaj Pulsar N250, Pulsar F250 launched in India at ₹1.38 lakh. Check details

By:: AUTONEXA
Oct 28, 2021

Bajaj Auto launched the "biggest Pulsar ever" at today's event. The company has launched the Pulsar N250 and the Pulsar F250. The new bikes are built with a new engine and platform. The company has also introduced new design elements to enhance appeal to young buyers, with the new Pulsar 250 Series ...

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Uber partners with Hertz to offer 50,000 Tesla rentals to US ride-hail drivers

By:: AUTONEXA
Oct 28, 2021

Uber Technologies Inc said on Wednesday it is launching a new partnership with car rental company Hertz to offer 50,000 Tesla Inc vehicles as a rental option to its ride-hail drivers by 2023. Uber drivers can rent a Tesla through Hertz starting November 1 in Los Angeles, San Francisco, San Diego, a...

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Maruti Suzuki profit falls 66% to INR 487 cr in Q2 FY22 - Autonexa

By:: AUTONEXA
Oct 27, 2021

New Delhi: Maruti Suzuki India Limited (MSIL), the country's largest automaker, on Wednesday reported a 65.7% drop in its consolidated profit to Rs 486.9 crore Q2 FY22  from INR 1419.6 crore in the corresponding quarter of last year. Its total revenue from operations was INR 20,550.9 crore in ...

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Car Discounts Slips To Three-Year Low This Festive Season As Semiconductor Issue Plays Spoilsport

By:: AUTONEXA
Oct 27, 2021

Car buyers generally look for the festive season period, as it is the most auspicious time of the year for any purchase. Even automakers are trying to capitalize on-demand with an attractive discount across their model range. However, buyers may be a bit disappointed this year. According to data com...

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London Electric Vehicle Company gears up to launch TX model in India

By:: AUTONEXA
Oct 26, 2021

Commercial electric vehicle manufacturer London Electric Vehicle Company (LEVC) is preparing to launch TX electric vehicles in the Indian market in collaboration with Exclusive Motors, a release said on Monday. It said the partnership with Exclusive Motors Pvt Ltd extends to the Indian subcontinent....

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