The Indian Auto Expo 2023 made its grand return after a gap of three years. With top automakers present at the exhibition, which is on from January 11 to 18, it’s hardly a surprise that most of this week’s biggest news will come from the expo. From launches and reveals to prototypes and future news, the Auto Expo has it all.
Here are this week’s biggest auto headlines that you need to know about.
Mahindra announces new Thar variants
Mahindra announced two new versions of its immensely rugged sports utility vehicle (SUV) Thar. The company will now be selling a Rear Wheel Drive (RWD) variant in two engine options and a Four Wheel Drive (4WD) variant of the vehicle. The RWD Thar will start from Rs 9.99 lakh (ex-showroom).
BMW India launches 3 Series Gran Limousine facelift
German luxury vehicles manufacturer BMW has launched a facelift for its 3 Series Gran Limousine. The luxury sedan will be available in petrol and diesel variants – 330Li petrol and 320Ld diesel – with prices starting from Rs 57.90 lakh (ex-showroom).
Tata completes acquisition of Ford’s Gujarat plant
Tata Passenger Electric Mobility Limited (TPEML), the electric vehicle arm of Tata Motors Limited, completed its acquisition of Ford India’s Sanand plant. Located in Gujarat, the manufacturing plant has a current capacity of 3,00,000 units per annum, but can be expanded up to 4,20,000 units per annum. TPEML now owns land, facility, machinery and equipment as well as eligible employees.
Auto Expo Launches
With companies like Maruti Suzuki, Hyundai, Kia, Tata Motors and MG Motor unveiled or will be unveiling their latest vehicles that they are planning to launch in the future. Here are some of the vehicles unveiled by these companies.
SWITCH EiV 7 Electric Bus – The electric vehicle arm of Hinduja Group company unveiled its new electric bus.
BYD Seal Luxury EV Sedan – Chinese electric carmaker Build Your Dreams (BYD) unveiled the luxury EV sedan BYD Seal. The company said it will look to launch the car in India in the last quarter of 2023.
Maruti Suzuki Jimny Off-roader – Maruti Suzuki finally launched its long awaited off-road capable five-seater SUV Jimny. The company also opened bookings for the car with plans to go on sale by mid-2023.
Tata Motors – Tata Motors line-up at the Auto Expo deserves a para of its own. The automobile manufacturer was launching electric vehicles, passenger vehicles, and the commercial vehicles. The company unveiled Harrier EV and Sierra EV and showcased the Altroz CNG among others.
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
Lok Sabha elections 2024: 28% of candidates contesting in fourth phase are 'crorepatis'
May 9, 2024 4:29 PM
Free poha-jalebi to movie ticket discounts: How cities struggling with 'urban apathy' are luring voters to polling booths
May 9, 2024 3:17 PM