EEPC-Daily-Newsletter
Thursday, 07-Dec-2023
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Retail auto sales at new peak but car stocks loom large

Business Standard
07-Dec-2023

The monthly domestic automobile retail sales in November this year touched a new high of 2.85 million vehicles,


Revuelto reaches sold out finish line in India, globally for 2026

Business Standard
07-Dec-2023

Luxury carmaker Lamborghini's hybrid super sports car is Revuelto


Himadri plans ₹ 4,800 cr Li ion battery parts unit

Business Standard
07-Dec-2023

over five-six years


Premium products drive festival sales for Versuni

Business Standard
07-Dec-2023

formerly known as Philips Domestic Appliances in India


On a hat trick: Will Das throw up another surprise?

Business Standard
07-Dec-2023

Banking system liquidity moved to surplus in the first few days of December


How electric vehicles are accelerating end of the oil age

Business Standard
07-Dec-2023

There is plenty of handwringing on display at the COP28 climate conference in Dubai


First Maruti e- SUV to be made in Guj

Financial Express
07-Dec-2023

Leading car manufacturer Maruti Suzuki on Wednesday announced that its upcoming electric SUV will be manufactured in Gujarat, and a new plant will be added to the company's existing manufacturing facility in Hansalpur, nearly 90 km from here. Suzuki Motor Gujarat Private Ltd (SMG), which runs the car manufacturing plant at Hansalpur, is a wholly-owned subsidiary of Maruti Suzuki and commenced operation in February 2017.


Auto sales hit record high

Financial Express
07-Dec-2023

Retail Automotive volumes climbed to a record level in November,clocking sales of 2.85 million units buoyed by the festive cheer, new product launches and strong rural sentiments. The Federation of Automobile Dealers Association (FADA),


India-UK FTA negotiators sweat it out in Delhi for breakthroughs in tough areas

The Hindu Business Line
07-Dec-2023

Negotiators from India and the UK returned to the negotiating table this week trying to work out compromises on difficult issues, including rules of origin, market access for vehicles (including EVs) and Scotch, easier work visas and liberalisation of financial services, but some areas remain tough to crack, sources said. “Negotiators from both countries tried their best this week to look for breakthroughs in tough areas. Undeterred by the passing of two Diwalis without a pact in place, the two sides focussed on speeding up talks. There is concern that once attention shifts to the general elections in India in early 2024, things may get indefinitely deferred,” sources said.


Suzuki Motor to roll out first eSUV from Gujarat plant next year

The Hindu Business Line
07-Dec-2023

Suzuki Motor Gujarat Private Limited (SMG) will be setting up a ₹3100 crore fourth car manufacturing plant in Gujarat to manufacture its first electric SUV, which will be launched in 2024-25, said officials on Wednesday.


M&M hikes prices of SUVs, CVs

The Hindu Business Line
07-Dec-2023

Rising costs due to inflationary pressures and increases in commodity prices has forced Indian automaker Mahindra and Mahindra to announce a price hike on its range of SUVs and commercial vehicles from January 2024.


Buy copper at the current levels

The Hindu Business Line
07-Dec-2023

Copper prices have been oscillating in a sideways range for more than two weeks now. The MCX copper futures contract has been stuck between ₹710 and ₹727 per kg. Within this range, the contract fell to a low of ₹711.85 on Tuesday before rebounding. It is currently trading at ₹716 per kg.


Cars,2-wheelers Tow vehicle Sales to a High

The Economic Times
07-Dec-2023

New Delhi: vehicle registrations, a prox for retail sales rose 18% to the highest ever level last month amid robust demand in the festive season, As many as 2.85 million vehicles were registered in November.


EEPC-Daily-Newsletter