AUTOMOBILES
YoY passenger vehicle sales rose over 4% in Nov
According to industry data released on Friday, passenger vehicle sales rose by 4.65 per cent in November on a YoY basis. The category includes sub-segments of cars, utility vehicles and vans.
Auto industry cautious as farmers stir reaches key manufacturing cluster
Following no agreement in their talks with the government, the agitating farmers have announced that they will block the Delhi-Jaipur highway (National Highway 48) on or before December 12.
Hero MotoCorp logs 14% growth in November sales
Hero MotoCorp said that it has led the revival in the two-wheeler industry this year and this was witnessed in the record retail sales that the company registered in the recently concluded festival period.
Overall November sales of Tata Motors zoom up 21%
Besides, the company's total domestic sales rose by 26 per cent to 47,859 units from 38,057 units off-take in November 2019.
Larsen & Toubro to sell United Kingdom unit Servowatch Systems to Rolls-Royce
The transaction would be done for an enterprise value of Rs 88.8 crore, excluding applicable taxes and any applicable post-closing adjustments.
Nissan introduces price of all-new Magnite SUV
Besides, the company also launched a first-in-industry virtual test drive feature that allows the customer to experience the "all-new Nissan Magnite on their personal device, wherever they may be".
Tata Nexon EV crosses 2,000 sales milestone
According to the company, in over 10 months since the launch, the sales of the Nexon EV reached 2,200 units as of November 2020, indicating the rapid demand for the EVs in the personal car segment.
79% of Tesla's US workforce male, shows diversity report
Women represent 21 per cent of the company's overall US workforce and 23 per cent of all promotions -- a 5 per cent increase from last year -- Tesla said in its 'Diversity, Equity and Inclusion Report' on Friday.
Festive season gives sequential push to Oct auto retail sales
The Federation of Automobile Dealers Associations data showed that vehicle registration in October rose to 14,13,549 units from 13,44,866 units sold in September.
Overlooking at sales in the automobile sector for QFY21
The auto industry sets high expectation in the festive season, passenger vehicles benefits while two-wheelers and commercial vehicles struggle to get a foothold.
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