AUTOMOBILES
Audi starts production of its 5th gen A4 in Aurangabad, India-launch in 2021
The Chief of Audi India Balbir Singh Dhillon took to Instagram to announce the commemoration of the new A4 in India. The 5th gen Audi is expected to hit the roads in India in the first of 2021. However, it will be almost 2 years late to debut in India as it was already launched overseas in 2019.
2020 Hyundai i20 sets milestone with 30,000 bookings in 40 days
The i20 is one of the best-selling cars in the country. It comes with Hyundai’s latest Sensuous Sportiness design philosophy, a new redesigned exterior body and a more refined interior. It has sportier look than its predecessor with a more striking grille, better headlamps and LED Daytime Running Lights. The back bumper gets a whole new design as well.
Tesla to shut down Model S and X production for 18 days
According to an internal memo accessed by CNBC, workers on those production lines will get a week's pay and some will get paid holidays. The shutdown of the Model S and X lines suggests that the high demand does not extend to these older models.
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.
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