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bajaj pulsar grabs seventh position, auto news, et auto

by pritish rajnew delhi:bajaj auto's pulsar has pushed behind tvs motors company's jupiter model to grab the seventh position in the pecking order of top 10 two-wheelers sold in april 2018.the company sold 67,712 units of the pulsar in april 2018, against 50,219 units in the same month last year. pulsar has pushed behind tvs motors company's jupiter model to grab the seventh position.the jupiter, which was at the seventh position in april 2017, has gone behind to the tenth position this year in april, according to siam data.the jupiter sales in april 2018 stood at 56,599 units, compared to 58,527 units in the same month last year.honda's popular scooter activa remained at the top position, selling 339,878 units in april.likewise, hero motocorp's splendor and hf deluxe also stuck to th...





survey, auto news, et auto

“we now think evs will be 55 per cent of light-duty vehicle sales in 2040, rather than 54 per cent, and represent 33 per cent of the total car fleet worldwide,” added mckerracher.new delhi: the electrification of road transport will move into top gear in the second half of the 2020s.this is mainly due to tumbling battery costs and larger-scale manufacturing, with sales of electric cars racing to 28 per cent, and electric buses to 84 per cent, in their respective global markets by 2030.the advance of e-buses will be even more rapid than for electric cars, according to a latest long-term forecast from bloomberg new energy finance (bnef). it shows electric buses in almost all charging configurations will have a lower total cost of ownership than conventional municipal buses by 2019.there ...





china says to cut auto import tariffs from july 1, auto news, et auto

the announcement came days after vice premier liu he and us treasury secretary steve mnuchin led negotiations in washington that ended with an agreement to pull back from the brink of a trade war.beijing: china will cut tariffs on most imported cars to 15 per cent from july 1, the finance ministry said on tuesday following a thaw in trade tensions with the united states. the planned reduction in import duties from 25 per cent is a boon for international automakers but may come short of fulfilling us president donald trump's expectations of matching us tariffs of 2.5 per cent. the announcement came days after vice premier liu he and us treasury secretary steve mnuchin led negotiations in washington that ended with an agreement to pull back from the brink of a trade war. president xi jinpin...





surging fuel prices not to impact vehicle sales in short-term, auto news, et auto

a similar rise in fuel prices witnessed in 2013-14 did not reduce demand for automobiles. “no slump was seen in sales,” added sen.new delhi: spiraling international crude oil prices are not expected to impact sales of the automotive sector in the short-term.this was confirmed by sugato sen, deputy director general of industry body siam, who feels that rising fuel costs will not hit vehicle purchase decisions of the consumers for the present.a study undertaken by siam some years ago to check the correlation between the two attributes indicated that the relationship between the fuel price hike and the vehicle purchase was not strong until a tipping point was reached.a similar rise in fuel prices witnessed in 2013-14 did not reduce demand for automobiles. “no slump was seen in sales,”...





top 10 selling passenger vehicles in april 2018; maruti alto slips to the third position, auto news, et auto

new delhi: in an interesting turn, the country's most popular hatchback has slipped to the third position in the top 10 selling passenger vehicles list in april 2018.the small hatchback from maruti suzuki sold 21,233 units in april 2018, seeing a minor dip of 6 per cent in the sales, compared to 22,549 units in the same month last year.the alto is replaced by the recently-launched maruti suzuki swift at the first position, selling 22,776 units in april 2018. interestingly, the swift replaced the alto in the same month last year as well. maruti suzuki swift is one of the best-selling hatchbacks in the country. with the latest generation on the offer, the car has been able to gather more attention because of its refreshed design and new features.it is also one of the fastest cars to clock o...





mahindra powerol bets on cleaner and bigger gensets to grow business, auto news, et auto

alternatively, it is building range of cng gensets at the volumes end of the market from 15-25 kva range apart from 125 kva range unveiled in delhi earlier this year.mahindra powerol, a leader in telecom genset business, is expanding its footprint into cleaner and bigger gensets to become a full range player as it aims to garner a billion dollars in four to five years by growing the business four fold. gensets with higher kva, widening the cng range and an export push are the key pivots on which the aggressive roadmap for expansion has been planned.already a leader in unit volumes in india with 20% segment share, a large part of its sales come from sub-75 kva genset range and the company has more-than-doubled its range with bigger gensets with 125 kva, 250, 300, 400, 500, 625 kva range tha...





hero motocorp braces up for showdown as it faces aggressive competitions ahead, auto news, et auto

munjal knows his task is cut out to retain the mainstream market.they said it was an amicable enough divorce — as divorces go — though it had its share of shock and awe, as would the end to any 26-year-old partnership. but it is hero motocorp chairman pawan munjal’s own admission that splitting with honda was a “against conventional wisdom.” rather like its hollywood counterpart, ‘the breakup’ has left both partners squaring up for a share of the same turf. seven years on, hero’s marketshare has slipped to 37%, from 44%. even that is considered optimistic, given that not many people gave this partner a chance after the separation. honda motorcycle & scooter india (hmsi), more predictably, has galloped to 29% market share, from 13%. it’s a showdown, no doubt. at a rec...





at $78,000, tesla's model 3 is no longer the masses' dream come true, auto news, et auto

the $78,000 sticker puts the electric sedan beyond reach of many consumers, and, by musk’s own estimations, brings it closer to the realm of luxury cars.by sally bakewell and olga kharifelon musk’s model 3, once touted as tesla’s $35,000 car for the masses, can now set a buyer back almost $80,000.musk unveiled specifications for a faster and more powerful version of the model 3 in a series of tweets over the weekend. it will cost $78,000, more than double the $35,000 base-model starting price discussed into the run-up before the electric car’s deliveries started last year. and that doesn’t include the autopilot driver-assist feature.the increasingly expensive configurations for the model 3 are planned steps, if somewhat counterintuitive ones, toward musk’s vision of tesla as a ...





nse to delist lumax automotive, kingfisher, 16 others from may 30, auto news, et auto

companies will be moved to the dissemination board of the exchange for five years as advised by sebi.new delhi: leading stock exchange nse has decided to delist vijay mallya-promoted kingfisher airlines and plethico pharmaceuticals and 16 other companies from may 30.this comes after bse delisted over 200 companies from may 11 as trading in their shares remained suspended for over six months.the decision comes at a time when authorities are clamping down on shell companies - listed as well as unlisted - for being allegedly used as conduits for illicit fund flows.in august, markets regulator sebi had directed exchanges to act against 331 suspected shell companies, while the government has already deregistered more than 2 lakh firms that have not been carrying out business activities for long...





precision camshafts lines up rs 100 cr capex by fy19, auto news, et auto

pcl is looking to double the growth in terms of revenue in the next 3 years, shah said.by pritish rajnew delhi: auto component maker precision camshafts (pcl), which recently acquired 51 per cent stake in a dutch firm emoss mobile systems, has lined up a capex of about rs 100 crore for this financial year, which will be primarily invested in capacity expansion.besides, the company is also eyeing to almost double its revenue in the next 3-4 years on the back of bulk orders in its kitty."for the organic growth, there is a capex lined up in place, which is about rs 90 crore in this financial year and there are some plans for the inorganic growth, which we are not defining it now due to various reasons," yatin shah, pcl's chairman and managing director told etauto.the company is also bettin...





top 10 selling passenger vehicles in april 2018; maruti alto slips to the third position, auto news, et auto

new delhi: in an interesting turn, country's most popular hatchback has slipped down to the third position in the top 10 selling passenger vehicles in april 2018. the small hatchback from maruti suzuki gardened 21233 units in april 2018 seeing a minor drop of 6 percent in sales when compared to 22549 units in the same month last year. alto is replaced by the recently launched maruti suzuki swift at first position which sold 22776 units in april 2018. interestingly, swift replaced alto in the same month last year as well. maruti suzuki swift is one of the best selling hatchbacks in the country. with the latest generation on offer, the car has been able to gather more attention because of it refreshed design and new features. it is also one of the fastest cars to clock one lakh bookings in ...





this is how simulation & testing works for vehicle development, auto news, et auto

in the virtual testbed-based calibration of the physical engine, after-treatment and vehicles are replaced by advanced real-time models. calibrations can be undertaken for engine and vehicle level emissions.new delhi: it is no secret that developments for bs-vi emission norms for the indian automotive industry will require significantly higher calibration efforts as well as development time, due to complex engine and after-treatment controls.vehicle developments will have to pass through concept definition, detailing, prototype development and calibrations to meet various parameters such as engine-out emissions, tailpipe emissions with after-treatment, on-board diagnostics, vehicle level performance, off-cycle emissions, including not-to-exceed emissions, real-drive emissions (rde), or in-...





should we really celebrate auto sales spike in april? party is yet to arrive, say experts, auto news, et auto

on the onset of the new financial year 2018-19, the automobile sales have shown a robust growth of 17. 44 per cent year-on-year at 2,379,718 units in april 2018. but does it give enough reasons to celebrate? industry experts and facts don't seem as encouraging.the growth can be largely seen as the low-base effect of the previous year same month, especially in the two-wheeler and commercial vehicles segments due to the implementation of the bs-iv compliant vehicles.on 27 march 2017, the supreme court banned registration of all bharat stage (bs)-iii compliant vehicles from 1 april 2017. thus, the vehicle manufacturers, who were having the huge stock of bs-iii vehicles, offered a huge discount, which led to pre-buying and subsequently sales in april 2017 went down.while limited availability ...





centre promises subsidy, e-buses to roll out soon, auto news, et auto

bengaluru: induction of electric buses into the bangalore metropolitan transport corporation (bmtc) fleet is set to be expedited with the centre agreeing in-principle to offer subsidy.bmtc’s plan to procure 80 electric buses in the first phase was recently put on hold after the department of heavy industries (dhi) refused to provide subsidy to state road transport undertakings which induct electric buses on a lease basis.following the pressure from srtus like bmtc and brihanmumbai electric supply and transport (best), the centre has now decided to provide subsidy for both capital expenditure (capex) and operational expenditure (opex) models to induct electric buses.bmtc officials said the centre is expected to issue a revised notification in a few days. “we will go ahead with the plan ...





petrol, diesel hit new lifetime highs on the 7th straight day of fuel price hikes, auto news, et auto

new delhi:petrol price today touched a record high of rs 76.24 per litre and diesel climbed to its highest ever level of rs 67.57 as the oil psus passed on four weeks of relentless rise in international oil prices to consumers.petrol price today increased by 33 paisa a litre in delhi -- the highest since the daily price revision came into force in mid-june 2017, and diesel by 26 paisa, according to price notification issued by state-owned oil firms.rates vary from state to state depending on the incidence of local sales tax or vat. prices in delhi are the cheapest in all metros and most state capitals.with this increase, petrol has touched an all time-high, breaching the previous high of rs 76.06 touched in delhi on september 14, 2013. diesel rates are also at the all-time high level.this ...





renault to build india business with focus on a few products, auto news, et auto

“india is a very tough market and the company will have to build its presence step by step to make deeper inroads,” he said.mumbai:fabrice cambolive, the chairman of renault’s africa-middle-east-india region said the automaker’s india strategy will focus on fewer products and spend time building them as against “firing in multiple products” to shore up the market share in india.“india is a very tough market and the company will have to build its presence step by step to make deeper inroads,” he said in a recent interview to et.renault is challenged by declining volumes in india with average kwid sales falling to 5,000-6,000 units a month, almost half from its peak of 10,000 units and the launch of new utility vehicles over the last couple of years such as lodgy and captur h...





should we really celebrate auto sales spike in april? party is yet to arrive, say experts, auto news, et auto

on the onset of the new financial year 2018-19, the automobile sales have shown a robust growth of 17. 44 per cent year-on-year at 2,379,718 units in april 2018. but does it give enough reasons to celebrate? industry experts and facts don't seem as encouraging.the growth can be largely seen as the low-base effect of the previous year same month, especially in the two-wheeler and commercial vehicles segments due to the implementation of the bs-iv compliant vehicles.on 27 march 2017, the supreme court banned registration of all bharat stage (bs)-iii compliant vehicles from 1 april 2017. thus, the vehicle manufacturers, who were having the huge stock of bs-iii vehicles, offered a huge discount, which led to pre-buying and subsequently sales in april 2017 went down.while limited availability ...





how data is powering new business models in auto sector, auto news, et auto

the survey was conducted taking responses from 1,000 senior decision makers from business and it, from large organisations in nine industries, including 110 respondents from the automotive industry.new delhi: the automotive industry is caught between a number of evolutionary and revolutionary trends.with major business model disruptions, many are convinced that data will power the new business models in the automotive sector, and soon the automobile's digital ecosystem will earn more revenue than its hardware.the auto companies believe that investing in technologies for digital supply chains, environment-friendly automobiles and autonomous vehicles are the most common trends, which will make a positive impact on their organisation within the next three years.according to a survey by it ma...





after epca snub, govt to pick expert for electric bus plan, auto news, et auto

representative imagenew delhi: the delhi government is only now in the process of appointing a consultant to research and specify technical details on how it may purchase 1,000 electric buses.in a statement on friday, it refuted that it had submitted a detailed proposal on buying electric buses as mentioned by the supreme court-mandated environment pollution control authority (epca) while advising the court against clearing delhi’s current proposal to use the accumulated environment compensation charge funds to procure the vehicles.“delhi government has so far only submitted an affidavit to the supreme court outlining various projects for that it will be using the ecc funds for. neither did the hon’ble court ask for a detailed proposal nor did the delhi government give any detailed p...





after 7 yrs, delhi to get 1,000 cluster buses, auto news, et auto

​the transport department had sought the cabinet’s nod to award the contracts for four clusters.the delhi cabinet on friday gave an in-principle approval to get 1,000 cluster buses from successful bidders, subject to the permission from the supreme court and the delhi high court.deputy chief minister manish sisodia said that as some cases on procuring buses were pending in court, the work order for these non-ac, standard-size cng buses would be issued after the courts’ approval.the transport department had sought the cabinet’s nod to award the contracts for four clusters.the cabinet has approved the successful tender for 1,000 buses after a gap of seven years as there was no space for new depots, the deputy cm said. the new depots have come up only in the past three years.the ...