Automakers take up ‘BS-VI by 2020′ challenge

NEW DELHI: Major automobile manufacturers on Thursday assured the government that they will produce BS-VI fuel compliant vehicles of new models from April 2020, but demanded that the government unveil a scrapping policy to phase out old vehicles and ensure that there are no policy flip-flops in shifting the clean fuel timeline due to pressure Read More…

Toyota’s new R&D company hires technical team

Japanese automaker Toyota Motor Corp’s research and development company, Toyota Research Institute (TRI), said it hired a team of scientists and engineers to help drive research into artificial intelligence and robots. The world’s top-selling automaker announced plans in November to set up TRI with a focus on developing artificial intelligence technologies such as self-driving cars. Read More…

Bajaj Auto sales marginally down in December

NEW DELHI: Bajaj AutoBSE 0.32 % today reported a marginal decline in total sales in December at 2,89,003 units as against 2,89,244 units during the same month last year. However, motorcycle sales during the month increased by 1 per cent to 2,47,782 units as against 2,46,233 units in the same month in 2014, the company Read More…

Hero Cycles sells record 6 lakh units in December

NEW DELHI: Bicycle manufacturer Hero Cycles sold over six lakh units last month, an increase of 20 per cent as compared to December 2014. The sales registered in December 2015 is the highest one-month sale in the history of the bicycle industry by any cycle company in India, Hero Cycles said in a statement. “Riding Read More…