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  Maruti Suzuki India expects continuing production loss in the first quarter due to the shortage of electronic components, with relief anticipated in July-September. Last fiscal. Maruti lost 1.7 lakh units due to chip shortage, and it is anticipated that the company will lose numbers in May and June. The carmaker has an order backlog of over 4 lakh units with Ertiga leading the pack with close to 1 lakh bookings. Maruti Suzuki India expects production loss to continue in the first quarter with some relief anticipated in the July-September period as it continues to grapple with the shortage of electronic components, according to a senior company official. The country's largest carmaker has been facing a shortage of chips for a while which has impacted its supplies to cater to the market demand. "We lost 1.7 lakh units last fiscal. Our loss in the third quarter of the last financial year was around 45,000 units. Similarly, we lost around 38,000 units in the fourth quarter,"

  The launch marks the beginning of a new chapter for the pioneering luxury supercar company and a new era in supercar technology and performance for Indian customers. New Delhi: British luxury high performance supercar-maker McLaren Automotive on Friday launched the all new McLaren Artura in India, at a price starting at INR 5.09 crore (ex-showroom). The launch marks the beginning of a new chapter for the pioneering luxury supercar company and a new era in supercar technology and performance for Indian customers. McLaren's range of supercars and hypercars are the epitome of high technology and super lightweight engineering, combined with cutting-edge design, innovation and personalisation that deliver breath-taking experiences. The cars are designed at the McLaren Technology Centre in Woking, Surrey, England, before being hand-built at the adjoining McLaren Production Centre. Underpinned by the McLaren philosophy of super-lightweight engineering gleaned from and honed across six d

  The Lexus flagship model gets high-end upgrades offering bold choices to its discerning guests. From changes ranging from an all-new Instrument Panel to the layout of the Center Console, the enhancements in the new LC have been made considering its usability and comfort. the company said. New Delhi: Lexus has announced the new LC500H Luxury Coupe equipped with high end upgrades. The new Lexus LC 500h, a 4 seater luxury coupe, is priced at INR 2.39 crore in India. The new Lexus LC 500h gets distinct enhancements to further up its lifestyle quotient. From changes ranging from an all-new Instrument Panel to the layout of the Center Console, the enhancements in the new LC have been made considering its usability and comfort, the company said. The bold and high-end upgrades in the Lexus flagship LC 500h consists of: Instrument Panel/ Display shape changed: A 12.3-inch-wide touch-screen display (21CY multimedia) has been adopted, and the display position has been moved 86 mm toward the rea

  This is to partially offset the input cost increase. the company said. New Delhi: Honda Cars has decided to hike the prices of its vehicles by 1% from June. "We continue to witness increased cost pressures. While our endeavour is to partially offset the increase, it has become imperative to pass on some of the impact. We have planned to increase prices for City and Amaze up to 1% from June which shall vary across variants," a company spokesperson told ETAuto.  The Honda Amaze is currently priced between INR 6.99 lakh and INR 9.6 lakh while the City is priced between INR 11.55 lakh and INR 20.39 Lakh, ex-showroom.  In the four-wheeler segment, Kia Motors India had increased its prices by around 2% -3% for its RDE. Tata motors also hiked up to 5% the price for its entire commercial vehicle portfolio, from April 1, 2023. The company cited that the price hike was as a result of the Phase 2 of BS VI. The company also refreshed its passenger vehicle range with E20-compliant engin

The country's second largest commercial vehicle (CV) manufacturer lines up a capex plan of up to INR 750 crore in the current financial year. It's also now open to pumping more investment into Switch Mobility, the company's commercial EV subsidiary AutoAderline May 24 2023 It was in 2018-19 that the Indian CV industry players dispatched over a million units cumulatively to the market, creating a record. Ashok Leyland expects that record to be broken by the industry this year. Shenu Agarwal, MD of the commercial vehicle major, expects a10% growth in industry volumes over last year. In 2022-23, the industry's production volume stood at 9.62 million units. Agarwal bets on the steel, cement, and mining industries to play lead roles in driving medium and heavy commercial vehicle (M&HCV) sales this year. Riding on market demand Ashok Leyland says it improved market share in trucks to 32.7% during the last quarter (Jan-Mar '23), from 30.6% a year ago. It also reports a

  The expansion plans will be supported through new pricing for the VIDA V1. All new bookings and subsequent sales to customer's will be made under the new pricing. The VIDA VI Plus will now be priced at Rs. 119.900/- and VIDA VI Pro will now be priced at Rs. 139.900/-. (ex-showroom price pan-India. the company said. New Delhi: VIDA, Powered by Hero, the emerging mobility brand of Hero MotoCorp - the world's largest manufacturer of motorcycles and scooters is all set to expand its operations in the country. VIDA plans to increase its presence to 100 cities within 2023. It will use Hero MotoCorp's expansive dealer network to rapidly scale up its operations across the country. It has already commenced the expansion plan in eight new cities - Pune, Ahmedabad, Nagpur, Nasik, Hyderabad, Chennai, Calicut and Kochi. VIDA has already been present in Bengaluru, Jaipur, and Delhi. The expansion plans will be supported through new pricing for the VIDA V1. All new bookings and subseque

 The Creta facelift will get the new 160hp, 1.5-litre turbo-petrol engine, ADAS and more tech. The current-gen Creta went on sale in India back in March 2020, with Hyundai revealing a facelift for Indonesia in end-November 2021. The facelift spotted in Indonesia, however, hasn’t launched in India yet because the Creta headed here will have styling cues that's not similar to the 2021 facelift. A fresh set of spy shots confirm that Hyundai is developing another iteration of the Creta facelift and this is the one that’s most likely headed to India. 1.Creta facelift for India will have unique styling. 2.Will come with two petrols, one diesel engine. 3.Expected to get more features. Hyundai Creta facelift for India: what’s different? Fresh spy shots of this SUV seen in Korea confirm quite a few new details despite the test mule being heavily covered. First up, the front styling of the facelift gets a much wider grille with inserts similar to the new Verna sedan. The headlamps are now sp