Govt announces PLI Auto Scheme; Incentives worth Rs 26058 crore

The Government has approved a Production Linked Incentive (PLI) Scheme for the Indian auto industry and also the drone industry to enhance India’s manufacturing capabilities

Spark Minda partners with Israel based company for ADAS technology

Minda Corporation Limited, the flagship company of Spark Minda, has announced its partnership with Israel-based Ride Vision, a leading ADAS (rider assistance systems) solutions company, to bring its range of Artific...

Countdown begins for ACMA Automechanika show in New Delhi- AUTO COMPONENTS

Gearing up for the new edition of the trade fair in New Delhi, organisers of ACMA Automechanika – Messe Frankfurt India and the Automotive Component Manufacturers Association (ACMA) shared their insights on the need...

Indian Auto Industry starts 2021 with negative January sales

The year 2021 seems to have not begun on a right note for the Indian automobile industry when it comes to domestic sales. After showing a one-time YoY growth in December, 2020, January 2021 registrations once again ...

Union Budget 2021-22: There is a buzz in the Electric Vehicle Space

The Union Budget 2021-22 presented by Nirmala Sitharaman may not have given a single sop to the electric vehicle industry but those in this electric vehicle space are upbeat over the indirect measures in the Union B...

UNION BUDGET 2021-22 & INDIAN AUTO INDUSTRY

The Union Budget 2021-22 presented by Nirmala Sitharaman, Union Minister of Finance may have got a standing ovation from the punters of the Indian stock market, but for the Indian auto industry, the direct benefits ...

FADA registration data reveals 11pc YOY growth in Dec 2020

The Federation of Automobile Dealers Associations (FADA) released the monthly vehicle registration data for the month of December 2020. The December registrations for the first time in FY20-21 witnessed positive gro...

Honda Amaze crosses 4 lakh cumulative sales milestone in India

The Honda Amaze sedan from Honda Cars India has cumulatively sold 4 lakh units since its first introduction in the country in 2013. The Amaze, now in its second-generation, is currently Honda’s largest selling model...

Auto industry hails GST reduction on electric vehicles

Society of Indian Automobile Manufacturers (SIAM) welcomed the government’s decision to reduce the GST rate on electric vehicles from the present 12% to 5%.

Ducati India introduces Ducati Financial Services

Ducati India Pvt. Ltd., in partnership with Volkswagen Finance Private Limited (VWFPL), has launched Ducati Financial Services (DFS), which offers Ducati customers a personalised financing solution through the Ducat...

Motorcoats India plans Rs 85 crore investment in the next 24 months

Motorcoats India, an emerging automotive aftermarket technology brand, has announced its expansion plans for the next 24 months in India. The company offers exterior and interior car protection services. After it...

INDIAN TYRE INDUSTRY: The fatal Chinese bite

The bite of the Chinese dragon is beginning to get fatal for the Rs 50,000 crore Indian tyre industry. On the one hand while Indian tyre majors are facing a severe shortage of raw material like rubber in the countr...

Automotive industry grins and bears it, as usual

As has always been happening in the past, the Indian automotive industry has been left with no other choice, but to grin and bear it and pretend everything is hunky- dory. An additional 1 per cent tax will now be co...

ACMA’s summit focuses on ‘Make Quality & Technology in India’

The Automotive Component Manufacturers Association (ACMA), the apex body representing the Indian auto component Industry organised the New Delhi Automotive Summit 2016 on the theme “Make Quality & Technology in Indi...

VW Group audit confirms misconduct and shortcomings

Germany based Volkswagen Group has admitted that the software-influenced NOx emissions behaviour of its cars in the US and elsewhere was due the interaction of three factors: The misconduct and shortcomings of indi...

Seating technology from Continental ensures immense comfort

The seat is where drivers and passengers have most of their contact with a vehicle, which is why it plays such a decisive role in how a car is perceived by the user. Thanks to sophisticated electronic and pneumatic ...

SPECIAL REPORT ON INDIAN TYRE INDUSTRY: An Un-Tyre-ing Journey

The Rs 50,000 crore Indian tyre industry today has a few reasons to smile and a few reasons to frown. On the one hand, after a lull in the industry while the demand for tyres in 2015-16 is seeing a growth coupled wi...

Finally, the government gives a Green Push to electric vehicles

The government has formally launched a scheme that provides direct subsidies to the consumer for buying such vehicles ranging from Rs 1800 to Rs 29,000 for two wheelers and Rs 13,000 to Rs 1.38 lakh for cars. A c...

Union Budget reactions from the Indian auto industry

Finance Minister Arun Jaitley presented the General Budget for the year 2015-16 in Lok Sabha on February 28, 2015.

Electric Motor scores over internal combustion engine in Union Budget 2015-16

The Electric Motor seems to have scored over the conventional internal combustion engine in the Union Budget 2015-16. And rightly so! The electrical vehicle industry has been bleeding profusely in the last few years...

ACMA wish list for Budget 2015-16

With an aspiration to cross the USD 100 billion mark and to have at least five Indian suppliers amongst top-global-hundred by 2020, the Automotive Component Manufacturers Association (ACMA), the apex body for the In...

Component exports increase by 16.7pc: ACMA

The Indian auto components industry has come of age. This was clearly reflected in the fact that the industry recorded a 16.7pc growth at Rs 61,487 crore (US $ 10.2 billion) for the year 2013-14 as compared to Rs 52...

It’s a dud Budget for the automotive sector

A lot was expected from Finance Minister Arun Jaitley for the automotive sector but none of that figured in the Union Budget 2014-15 announced on July 10, 2014. The Budget focussed on infrastructure and simplificati...

Modi wins; Auto industry expectations are high

The Bharatiya Janata Party (BJP) has won 283 seats in the Lok Sabha. The Congress party, till recently the ruling party at the Centre came a very distant second with a mere 43 seats. With Narender Modi soon to take ...

MagnetiMarelli focus on eco-sustainable tech

Leading auto component manufacturer MagnetiMarelli is taking part in the 13th edition of Auto China that opens to the public on April 23, 2014. The show is held every two years in Beijing. MagnetiMarelli has an exhi...

Car, bike, CV makers cut prices across range

Barely a few days after Finance Minister P Chidambaram announced an excise duty reduction in the Interim Budget 2014, vehicles makers across the country have announced price cuts of their model range. In the Interim...

Excise relief for Motown Industry

In the Interim Budget, Finance Minister P Chidambaram reduced excise duty on small cars and motorcycles from 12pc to 8pc. There is also a cut to 20pc for large and mid segment cars and 24pc (from 30pc) for SUVs. Com...

Fuel-cell technology has a long way to go

Fuel-cell vehicles could be an attractive alternative to battery-powered cars in realising zero-emission vehicles. Fuel cells have long been considered a promising technology for circumventing the problem of limited...

National Electric Mobility Mission Plan 2020 soon

The National Electric Mobility Mission Plan 2020 is expected to be launched by Prime Minister Manmoh

Cut petrol, diesel price differential: SIAM

The Society of Indian Automobile Manufacturers (SIAM) has asked Government to reduce the differentia

Union Budget 2012-13 & auto industry

The Annual Budget 2012-13 has been tabled in the parliament and is widely believed to move and shake

Mercedes-Benz introduces ‘Star Lease’ in India

In its bid to attract entry-level luxury car buyers, Mercedes-Benz India introduced ‘Star Lease’, a

Hyundai Motor India Foundation launches CSR 2011

Hyundai Motor India Foundation launches CSR 2011

Bosch earmarks 50 m euros on higher education

Bosch earmarks 50 million euros on higher education

Auto component indy to generate US$ 110 b revenue

NEW DELHI: India’s auto industry is likely to generate a turnover of nearly US$ 110 billion (Rs 5 l




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