In a regulatory filing, the company said that over the past year the cost of the company’s vehicles continued to be adversely impacted due to increase in various input costs.
The company, which is part of Eicher Motors, noted that it has a rich pipeline of products under development which could hit the market in the coming days.
The free service period of vehicles expiring between April 1 and May 31 will now be extended till July 31, Bajaj Auto said in a statement.
The extension is applicable to those customers, whose vehicle’s free service, warranty and extended warranty was originally ending between April 1 and May 31, 2021, HMSI said in a statement.
The company is supporting the setting up of the centre at the Government Girls College in Sector 14, Gurugram – under its Corporate Social Responsibility (CSR) platform “Hero We Care”, Hero MotoCorp said in a statement.
Tesla shares fell 2.7% to $600.42 in morning trade, headed for a third straight decline. U.S. federal and state regulators have been scrutinizing Tesla’s semi-automated driving system following accidents in Texas and other areas.
According to the company, the decision was taken in view of the current severe situation on account of the second wave of Covid-19 and subsequent multiple lockdowns across various cities in the country.
The auto major also said it remains vigilant about the evolving Covid situation and has scaled up efforts to enhance the well-being of its personnel and their supporting ecosystem.
Khattar was the managing director of Maruti Udyog Limited from 1993 until his retirement in 2007.
In 2019-20 sales of electric vehicles (EVs), including electric two-wheelers (E2W), electric three-wheelers (E3W) and electric four-wheelers (E4W), stood at 2,95,683 units.
Hero MotoCorp sold 18.45 lakh units in Q3 FY21, clocking a growth of 19.7 per cent over the corresponding quarter of previous fiscal.
Last week, Union Road Transport and Highways Minister Nitin Gadkari said that he has invited Tesla to start manufacturing EVs in India.
In what could be another Autopilot mode failure, two people were killed in a fiery Tesla crash in Texas with no one in the driver’s seat.
The 2021 KTM 1290 SUPER DUKE RR also boasts a 1:1 power-to-weight ratio, bringing 180 hp and a weight of 180 kg to the fore, not to mention a striking color scheme inspired by the KTM 1290 SUPER DUKE R PROTOTYPE.
Barring Celerio and Swift, all the models of the company will be covered under the price increase exercise.
Siemens also said Siemens Financial Services (SFS), the financing arm of Siemens AG, would consider a minority investment in OHM Global Mobility Private Limited, another Hinduja group company.
The world’s most valuable automaker by market capitalisation is looking for commercial properties as large as 20,000-30,000 square feet each to open showrooms and service centres in the capital New Delhi, financial hub Mumbai in the west and tech city Bengaluru in the south, three sources said.
Triumph India said it has also launched a special finance scheme with an EMI of Rs 9,999 for the Trident 660 to make it easier for customers to own it.
British automaker and now Chinese SAIC-owned MG has released the official photos of their latest electric concept, Cyberster. This concept reveal came prior to the Cuberster debut at the Shanghai motor show in the upcoming weeks.
The Thar will come with two engine options: a 130PS/300Nm 2.2-litre diesel engine and a 150PS/320Nm 2.0-litre turbo petrol engine. Both engines will be offered with a choice of 6-speed manual and 6-speed automatic transmission and will be offered with a 4×4 drivetrain with a low range transfer case as standard.
The company had sold 83,792 units in March last year amid nationwide lockdown due to the coronavirus pandemic.
Both bikes come equipped with Showa upside-down fork suspension at the front and an adjustable mono-shock with seven settings at the rear. Braking duties are handled by twin disc brakes with 4-piston callipers at the front and a single disc at the rear. Both bikes get Honda Selectable Torque Control (HSTC) and dual-channel ABS.
The company said it has signed a Memorandum of Understanding (MoU) with the Mangaluru-headquartered private sector lender. Customers can avail the benefits across 858 branches of Karnataka Bank at metro, urban, semi-urban and rural locations.
In a statement, M&M said that the consolidation would categorise EV operations in two focused verticals — ‘Last Mile Mobility’ (LMM) and Electric Vehicle Tech Centre.
Baoding-based Great Wall, China’s biggest pickup truck maker, this year launched a standalone brand for electric and smart vehicles. It is also building an EV factory in China with Germany’s BMW AG. The automaker sold 1.11 million vehicles last year helped by the popularity of models such as the P-series pickup truck and Ora EVs. It is currently building its first factory in Thailand.
