Advertisement
Sections
Demonetisation effect: Maruti Suzuki bookings dropped by 20 per cent
During October-November 2016, India's largest carmaker saw a decline in bookings and True Value sales
The Government of India's sudden decision to scrap the Rs 500 and Rs 1,000 notes have had a far-reaching impact across the country. What further complicated is the short supply of new Rs 2,000 notes. This has caused a cash shortage across the country. Understandably, this has resulted in a slowdown of sales across different businesses. Automobile manufacturers too have been hit hard.
Maruti Suzuki has revealed that its bookings declined by 20 per cent during the October-November 2016 compared to the corresponding period last year. The...
First Published:Dec 26, 2016, 18:42:57 IST
Advertisement
Advertisement
Tesla's Cybercab to feature built-in Starlink antenna, bringing satellite internet to robotaxis
Tesla has confirmed that its upcoming Cybercab will include built-in Starlink connectivity, allowing the autonomous vehicle to access satellite internet beyond traditional mobile networks. The move deepens ties between Elon Musk's companies while supporting Tesla's vision of self-driving robotaxis capable of operating across a wider range of environments.
3 min read
US rejects Tesla bid to avoid recall of nearly 20,000 vehicles over headlight issue
US auto safety regulators rejected Tesla's bid to avoid a headlight recall while a separate investigation found a driver overrode Full Self-Driving before a fatal crash.
1 min read
IIT Kanpur study finds no evidence E20 petrol damages engines, says mileage impact is minimal
Fresh research from IIT Kanpur challenges widespread claims that E20 petrol harms vehicle engines, concluding that the fuel blend causes no measurable engine damage and only a marginal impact on fuel efficiency. The findings come amid ongoing public debate over India's ethanol-blending programme and concerns raised by motorists.
2 min read
As Nissan expands its line-up from one model to four, the carmaker is betting on affordable SUVs, exports and ICE volumes before making its EV play
Nissan Managing Director Saurabh Vatsa explains why the Tekton SUV is central to the brand's India strategy, its export ambitions and why an EV launch will have to wait.
2 min read
Volkswagen layoffs could hit 1 lakh as CEO warns of deeper cost overhaul
Volkswagen is weighing further workforce reductions that could bring total job losses to around 1,00,000, according to an internal message from CEO Oliver Blume. The proposed restructuring comes as Europe's biggest carmaker grapples with shrinking profits, intense Chinese competition, tariff pressures and excess manufacturing capacity.
2 min read
Advertisement
Advertisement