AUTO SHOW
Footfalls at auto dealers fall in June, so do RTO registrations
Vehicle registrations rose 0.73% to 1,895,552 units, with two-wheelers up 4.7%, three-wheelers 5.1%, passenger vehicles down 6.8%, and commercial vehicles falling 4.7%. Heatwaves, deferred purchases, and kharif crop delays impacted sales. Rural market share for two-wheelers fell to 58.6%. Dealers expect increased sales with improved supply and product launches despite high inventory and election slowdowns.
Bengaluru transport officials go on snap drive, seize ‘unauthorised’ bike taxis
Bengaluru authorities seized unauthorized, app-based bike taxis after auto drivers' protests, leading to tension. The Bike Taxi Welfare Association, citing High Court orders, opposed and sought police protection against harassment.
Auto sales muted as extreme heatwave cools demand in July
Vehicle registrations in June were nearly flat, up just 0.73% from the previous year, with 1,895,552 units registered. Extreme heatwaves and delayed monsoons dampened retail sales, notably impacting two-wheelers and passenger vehicles. Despite optimistic forecasts for the monsoon season, the auto industry faces challenges, including high inventory levels and subdued market sentiment.
Bajaj Auto launches world's first CNG bike, Freedom 125. Check price, mileage and other features
India's Bajaj Auto has launched the world's first compressed natural gas (CNG)-powered two-wheeler, the Freedom 125, in Pune. The entry-level vehicle, likely priced at Rs 95,000, aims to shake up the motorcycle market. CEO Rajiv Bajaj praised the bike as an avatar of freedom and freedom from petrol. Key features include telescopic front forks, mono-link suspension, front disc and rear drum brake setup, and a 125cc engine.
Top 10 index mutual funds, ETFs deliver up to 36% return in first half of 2024
Top 10 passive funds and ETFs saw returns of up to 36% in the first half of 2024, with a focus on auto sector funds. Notable performers included ICICI Prudential Nifty Auto ETF and Mirae Asset Nifty India Manufacturing ETF, showcasing strong growth in the market.
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Car discounts make comeback after four long years of waiting in the auto industry
Car discounts have returned after four years of long waitlists, driven by changes in the automotive industry's pricing strategies. Dealers are ramping up production to meet high demand, especially for SUVs, and are offering substantial discounts across various models. Some discounts reach as high as Rs 1.5 lakh on specific models, including hatchbacks, sedans, and electric vehicles (EVs).
TRADERS’ CORNER: Two AA, one AMC stock and auto ancillary stock breaking barriers for 6% short term momentum trade
Select momentum stocks are getting back with mojo
European shares start week on bright footing on autos, banks' boost
European shares rose on Monday, led by automobile and bank stocks, ahead of the first round of French parliamentary elections. Autos surged 1.6% after the EU and China agreed to discuss tariffs on Chinese EVs. Meanwhile, German business morale declined in June, reflecting concerns about the economy's momentum.
Netflix's 'Too Hot To Handle' season 6 release date: When to watch new season
Netflix's "Too Hot To Handle" season 6 will be released on OTT streaming platform. We have premier details.
Market Moves: Ashi Anand’s take on Indian IT and auto sectors
Ashi Anand, Founder and CEO of IME Capital, provides an in-depth analysis of the Indian IT and auto sectors. Anand highlighted the persistent strength in deal wins across IT companies despite weaker-than-expected revenue growth, attributing this to reduced discretionary spending.
'Punjabi aa gaye oye': Diljit Dosanjh shares sneak peek ahead of highly-awaited appearance on Jimmy Fallon's show
Diljit Dosanjh Jimmy Fallon: As anticipation builds for Diljit Dosanjh's upcoming appearance on 'The Tonight Show With Jimmy Fallon', the beloved actor-singer has shared a glimpse from the show's set on his social media platforms. Taking to his Instagram account, he posted a video showcasing his busy preparations with his team ahead of the show.
Diljit Dosanjh invited as a guest to ‘The Tonight Show Starring Jimmy Fallon’.
Dosanjh is no stranger to making history. The 'Love Ya' hitmaker recently became the first Punjabi artist to perform a live concert at Vancouver's BC Place stadium in April.
Stock Radar: 100% rally in a year! This auto stock gives a breakout from 10-week consolidation; time to buy?
Bajaj Auto, part of the auto space, doubled investors’ wealth in the last year, hitting a record high in June 2024. Analysts suggest further upside potential with technical indicators supporting the bullish trend.
Watch Ranbir Kapoor getting adorable kisses from baby Raha as they return to Mumbai with Alia Bhatt: Viral Video
Alia Bhatt and Ranbir Kapoor returned to Mumbai with their daughter, Raha Kapoor, after attending Anant Ambani and Radhika Merchant’s pre-wedding bash in Europe. A heartwarming video showing Raha kissing her father Ranbir on the cheeks and smiling went viral. The family was warmly received by fans, who praised their hands-on parenting. The grand European celebration saw several celebrities, including Salman Khan, who also returned to Mumbai.
Sushant Singh Rajput's ex Ankita Lokhande credits late actor for her acting career; here's why
Ankita Lokhande recently celebrated her 15-year journey in the entertainment industry, attributing much of her success to her debut show, 'Pavitra Rishta,' which also starred the late Sushant Singh Rajput. In a heartfelt Instagram post, Ankita expressed gratitude to Ekta Kapoor and Balaji Telefilms for her iconic role as Archana and reflected on Sushant's significant influence on her career.
PM Modi would have got tough fight from Priyanka Gandhi in Varanasi, feel Congress workers
Varanasi's political landscape heats up as Congress workers suggest a potential challenge for PM Modi if Priyanka Gandhi Vadra contested. With various candidates in the fray, including Ajay Rai and Athar Jamal Lari, the election dynamics in the holy city remain intriguing.
Tires Season 2: Everything we know about Shane Gillis show’s renewal, premiere, plot, cast and crew
Shane Gillis' series "Tires" has been renewed for a second season on Netflix. The show premieres on May 23, with the second season set for 2025. Gillis co-created the series and self-financed the first season.
Ashneer Grover accused of hypocrisy after demanding roast video removal: Netizens calls him 'Rakhi Sawant of startup world'
Ashneer Grover, renowned for his blunt critiques on Shark Tank India, faced backlash after comedian Aashish Solanki revealed that episode 5 of his 'Pretty Good Roast Show' was removed from YouTube following Grover’s demand. Solanki's roast humorously addressed Grover’s removal from BharatPe, which didn’t sit well with Grover, leading him to request the segment's removal. Social media erupted with criticism, accusing Grover of hypocrisy and inability to handle jokes.
From cricketer to host: Shikhar Dhawan’s ‘Dhawan Karenge’ launches on JioCinema
Shikhar Dhawan hosts 'Dhawan Karenge' on JioCinema Premium, engaging with guests like Akshay Kumar, Harbhajan Singh, Taapsee Pannu, Bhuvan Bam, and Rishabh Pant. Dhawan has seen sidelined for much part of IPL 2024 due to an injury.
Pharma players get active and show likelihood of 5-7% gains
Nifty opened weak but slowly gathered courage to advance. It closed with a modest gain.
Kia teases new EV3 ahead of launch. Here's all about it
Kia unveiled teaser images of the upcoming EV3, a compact SUV with dynamic styling and Star Map lighting. The design is inspired by the flagship EV9. The global premiere is set for May 23rd.
Chinese automakers redefine the car as a living space
The seemingly never-ending efforts of China's electric-car makers to redefine the automobile went on display Thursday at the opening of the nation's largest annual auto show. They are forcing established makers such as Nissan to change the way they develop cars to remain players in what is the world's largest auto market.
Car giants vie for EV crown at Beijing's Auto China show
Beijing's Auto China show, which lasts until May 4, sees dozens of firms square off in a bid to draw customers at one of the country's biggest car shows. Thursday saw crowds surge into the convention complex hosting the event, which takes place every other year but had not been held since 2020 because of the pandemic.
Chinese EV makers challenging market leaders at auto show in Bangkok
Chinese EV makers shine at Bangkok Motor Show with BYD leading sales. Thailand's growing EV market attracts global brands like Tesla and XPeng, with plans for EV assembly and expansion into Southeast Asia.
Renault wins Car of the Year, unveils new EV at Geneva auto show
Renault unveiled a new electric vehicle on Monday and its Scenic model won the Car of the Year award at the first Geneva auto show since 2019, giving a boost to the French automaker's electrification plans. The Renault Scenic, an electric SUV popular with families, won the coveted Car of the Year prize, the French group's first since 2006.
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