Auto Industry

Mercedes-Benz hosted the first edition of its Sustainability Dialogue in India. The 2023 edition of the dialogue focused on ‘Sustainable Mobility – Accelerating Towards a Green, Inclusive and Safe Future’ to emphasi...

MG Motor India signed MOUs with 22 colleges as part of its MG Nurture programme to upskill more than 25,000 students in four years. MG Nurture is an initiative that intends to impart future-ready skills to students ...

Toyota Kirloskar Motor (TKM) announced that Ms. Manasi Tata will take over as the new Vice Chairperson with immediate effect. Furthermore, Ms. Manasi will also take over as the Vice Chairperson of Toyota Kirloskar A...

On the first media day at the Auto Expo 2023 in Greater Noida, vehicle exhibitors in total launched and unveiled over 59 products, including both global and India premier.

Weber Drivetrain, a technology-driven EV startup for sustainability has announced a strategic Technology Transfer (TT) partnership with China-based Wuxi Lingbo Electronic Technology. Under this collaboration, Weber ...

Cummins Group in India, a leading power solutions technology provider, said it would present its Destination Zero decarbonisation strategy and product range at the 16th Auto Expo in the Indian capital New Delhi next...

According to Nov 2022 sales data released by the Federation of Automobile Dealers Associations (FADA), the Indian 2W segment showed a huge growth of 24% YoY but fell marginally by 0.9%, when compared to Nov’19, a pr...

Minda Corporation Limited, the flagship company of Spark Minda inaugurated a state-of-the-art wiring harness plant in Chakan, Pune on December 6, 2022. The new greenfield facility takes the count of plants across th...

Global auto leader Volkswagen Group’s Aurangabad facility has transitioned to 100% ‘green’ energy, well ahead of its 2025 target. With this achievement, Skoda Auto Volkswagen India Private Limited (SAVWIPL), which m...

Honda Cars India Ltd (HCIL), leading manufacturer of premium cars in India, announced that the company has reached the 2 million-unit milestone in cumulative production of Honda cars in India.

Philippines based Columbian Group of Companies, distributors of commercial and passenger vehicles will soon be assembling and distributing Hero MotoCorp motorcycles in Philippines. A partnership has been formed betw...

According to the Federation of Automobile Dealers Associations (FADA), the 2W segment is yet to show signs of any revival as it remains a drag by falling as much as -14% in retail sales for the month of September 20...

Mercedes-Benz today made an important organisational announcement. After an extremely successful stint in India, Martin Schwenk will assume the responsibility as the President and Chief Executive Officer, Mercedes-B...

Maruti Suzuki India commenced the celebrations of ’40 years of Suzuki’s partnership with the people of India’. The commemorative ceremony at Mahatma Mandir, Gandhinagar, Gujarat was graced by Prime Minister of India...

Ultraviolette Automotive Pvt. Ltd announced that it has raised a fresh round of capital from a fund managed by Exor Capital. This investment is part of an ongoing (Series D) round of funding, with Exor Capital as th...

Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, sold 445,580 units in July 2022.

Suzuki Motorcycle India Pvt. Ltd. (SMIPL),the two-wheeler subsidiary of Suzuki Motor Corporation, Japan recorded overall sales of 76,230units in July 2022, registering a year-on-year sales growth of 4.3% as compared...

Delta, a global leader in power and thermal management solutions, announced it has cumulatively delivered over 6,000 electric vehicle (EV) chargers to customers in India, a substantial milestone to foster the countr...

Toyota Kirloskar Motor [TKM] announced the signing of a Memorandum of Understanding (MoU) with National Skill Development Corporation (NSDC) and Automotive Skill Development Council (ASDC) to enhance student skill w...

Apollo Tyres has appointed automotive industry veteran Vikram Garga as Group Head, Marketing for the Asia Pacific, Middle East & Africa (APMEA) region. Vikram Garga would be spearheading the regional marketing team ...

British International Investment (BII), the UK’s Development Finance Institution and impact investor and Mahindra & Mahindra (M&M) have executed a binding agreement to invest up to Rs. 1,925 crore each into a wholly...

Automotive supplier Mahle has developed the most durable electric motor available. The traction motor, which is unique on the market, can run indefinitely with high performance. A new cooling concept makes this tech...

Nissan India has appointed Mohan Wilson as Director Marketing, Product & Customer Experience, for business transformation for India market. Mohan Wilson replaces Sriram Padmanabhan and will take over the role effect...

The Flipkart Group, India’s homegrown internet ecosystem, has committed to setting an ambitious Net Zero target, to decarbonise its own operations by 2030 and the larger value chain by 2040.

After two-year hiatus owing to the pandemic, the Automotive Skills Development Council (ASDC), India's first sector skill council for automobile industry successfully organised skill-oriented brainstorming ASDC’s Pa...

iCreate (International Centre for Entrepreneurship and Technology) India's leading innovation-based start-up incubator announced the launch of EVangelise’22 - India’s largest EV innovation challenge, in partnership ...

Mitsubishi Electric Corporation has announced that it will invest approximately Rs 220 crore or 3.1 billion yen, in its subsidiary Mitsubishi Electric India Pvt. Ltd. to establish a new factory in India.

If there is one clear leader in the electric two wheeler space in India, it is Okinawa Autotech. According to retail sales data released by the Federation of Automobile Dealer Associations (FADA) for the month of Ma...

Retail sales of two wheelers, primarily comprising of IC engine powered vehicles, slumped in the month of May 2022 as compared to May 2019.

Bharat Petroleum Corporation Limited (BPCL) and Bounce Infinity have joined hands to fortify the Bounce Infinity’s extensive battery swapping infrastructure. Under this partnership, Bounce Infinity will set-up its b...

Nissan Motor India Ltd inaugurated its new Corporate Headquarters in Gurugram, one of India’s largest hubs for international businesses.

Indian global automotive components manufacturer Advik Hi-Tech Private Limited”) has announced that it has signed a Joint Venture (JV) with Australian clean energy Company Pure Hydrogen Corporation Limited.

Skill-Lync, an engineering ed-tech start-up, has announced that a team of 10 students and technical engineers have built a full-scale in-house SUV prototype called -Lyncer S1.

Isuzu Motors India has announced some key top level management changes. Wataru Nakano, General Manager, LCV Business Dept., at Isuzu Motors, Japan has taken over from Tsuguo Fukumura, as the President and Managing D...

Cimex Inc. Pvt. Ltd., BYD’s partner in Nepal, has signed an agreement for 50 units of BYD e6 with Self Drive Nepal Pvt. Ltd., a subsidiary of Spark Group for emission-free rental fleet operation. This is a single la...

Tyre major Bridgestone India has inaugurated a first-of-its-kind Mobility Solutions Institute in India. Through this state-of-the-art facility, the company aims to enable their various stakeholders, employees, deale...

The Board of Directors of Maruti Suzuki India Limited, in its meeting held on March 24, 2022, appointed Hisashi Takeuchi as the Managing Director and Chief Executive Officer of the company with effect from April 1, ...

Neelanjan Banerjee will be taking over as the new Global Head of the Business Unit Lubricants Additives at Lanxess Corporation, USA effective July 1, 2022 after a brief work-in period.

Rahul Bajaj, the industrialist who minced no words in calling a spade a spade, is no more. He was the cowboy of Indian auto industry, who feared no one. Rahul Bajaj, who was ailing for some time, breathed his last o...

LML Electric, a company owned and controlled by Yogesh Bhatia (the man behind Detel electric bikes) has announced a strategic partnership with New Delhi based Saera Electric Auto, a sister concern of Satra Group of ...

Hero MotoCorp has announced a new investment of up to Rs. 420 crore in Ather Energy.

As per a research report released by Emkay Global Financial Services the overall revenue growth for companies (ex-Tata Motors) under coverage to remain flat YoY in Q3FY22, as volume growth was affected by temporary ...

Hero Electric announced its partnership with Turtle Mobility, a startup offering last-mile delivery connectivity solutions to e-commerce and grocery companies. Hero Electric will deliver 200 scooters by the end of 2...

The Indian two-wheeler industry took a severe beating in domestic sales in the month of December 2021 as compared to December 2020 for a plethora of reasons that included high cost of ownership, bad rural sentiment,...

In a surprise corporate development, Gurpratap Boparai Managing Director of Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL) has put in his papers with effect from January 1, 2022. The company stated that his successor...

MG Motor India has partnered with Clean Max Enviro Energy Solutions Pvt Ltd (Clean Max), Asia’s most trusted sustainability partner, for the supply of 4.85 MW of wind-solar hybrid power to MG’s manufacturing facilit...

Maruti Suzuki India Ltd (MSIL), the largest car makers in the country is now all set to become the largest car breakers of the country. The company has set up a vehicle scrapping and recycling unit at Noida in the s...

Power Global, a leading provider of high-performance clean energy and mobility products for everyday applications, has announced a strategic partnership to supply its eZee swappable lithium-ion battery technology to...

The rich and the well off in India want their tech-savvy cars, but there’s a huge slump in supply because of the paucity of semi conductors. Those at the lower income bracket, who are keen to buy cars, feel they rat...

Auto industry stalwarts Venu Srinivasan, Chairman, TVS Motor Company and Anand Gopal Mahindra of Mahindra & Mahindra, were presented the prestigious Padma Bhushan Award by the President of India, Ram Nath Kovind, at...

MG Motor India has announced the Car-as-a-Platform (CAAP) subscription model for its recently launched SUV, Astor. As MG turns its vision into reality, the industry-first concept of Car-as-a-Platform brings endless ...

Tata Motors Ltd (TML) and TPG Rise Climate have entered into a binding agreement whereby TPG Rise Climate along with its co-investor ADQ, shall invest in a subsidiary of Tata Motors that will be newly incorporated. ...

Samvardhana Motherson Automotive Systems Group BV (SMRPBV) has acquired a majority stake in Nanchang JMCG Mekra Lang Vehicle Mirror Co., Ltd by Ningbo SMR Huaxiang Automotive Mirrors Ltd. (SMR NBHX); which is a 50:5...

SG Corporate Mobility, the makers of Detel electric bike Detel Easy Plus has joined hands with Electric One, India’s first multi-brand platform offering 2 and 3 wheelers electric vehicles. This tie-up will help Dete...

Dr Yogesh Bhatia, CEO & Managing Director of SG Corporate Mobility Pvt.Ltd is someone who has been fulfilling the dreams and aspirations of the masses. From being a seller of SIM cards, branded mobile phones and ele...

LML Ltd, the erstwhile Kanpur (UP) based two wheeler manufacturer owned by the Singhania family is now the property of Yogesh Bhatia controlled SG Corporate Mobility Pvt.Ltd. SG Corporate owns Detel, the flagship b...

Napino Auto & Electronics Ltd., India’s premier Tier 1 automotive component manufacturing company, has announced a strategic partnership with Enedym Inc., a Canada based company with patented Switched Reluctance Mot...

After the announcement of Roland Bouchara as CEO & Managing Director for Stellantis in India earlier in April 2021, the company has announced key leadership appointments for its operations in India. Saurabh Vatsa a...

Hyundai Motor India has inaugurated its new state-of-the art corporate headquarters in Gurugram. Present at the inauguration were Chief Minister of Haryana Manohar Lal along with SS Kim, MD & CEO, Hyundai Motor Indi...

Auto component manufacturers Anand Group of India and South Korea based Mando Corporation have announced the setting up of a new joint venture company called Anand Mando eMobility Private Limited for manufacturing a...

On July 15, 1941, the former Willys-Overland Co. signed a contract with the U.S. War Department to begin production of the first military Jeep vehicle. Eighty years later, the Jeep brand thrives around the world wit...

Convergence Energy Services Limited (CESL), a government of India company under Ministry of Power, signed an agreement with New & Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) to provide 25000...

GoMechanic, a leading technology-enabled auto after-sales service and spare parts company, has announced securing US$42Mn in Series C funding in a round led by Tiger Global Management with the existing investors Seq...

Toyota Kirloskar Motor (TKM), has announced the signing of a Memorandum of Understanding (MoU) with the Automotive Component Manufacturers Association of India (ACMA).

The boom in electric vehicles is causing a sharp rise in demand for plastics destined for charging infrastructure. Lanxess is convinced that this area offers a wealth of opportunities to use its Durethan polyamides ...

Apollo Tyres Ltd has unveiled its new corporate identity and vision ‘Driving Progress, Together’ setting the path for the next five years.

The electric vehicle industry has welcomed the Indian Government's move to increase subsidy to electric bikes and scooters by 50%, subject to those that meet the Faster Adoption and Manufacturing of Hybrid and Elect...

Can you recall any Indian automobile manufacturer that has a railway station named after it? Yes, the iconic Hindustan Motors Ltd. (HML) has one named after it and it goes by the name of “Hind Motor” railway station...

The retail sales of automobiles plunged for the month of May 2021 with sales falling by as much as (-) 55 per cent on month on month (MoM) basis. The industry witnessed a bloodbath, claimed the Federation of Automob...

The Goodyear Tire & Rubber Company has announced that it has completed its acquisition of Cooper Tire & Rubber Company, finalising the merger agreement made public on February 22, 2021.

Convergence Energy Services Limited (CESL), a 100% subsidiary of Indian government owned Energy Efficiency Services Ltd (EESL) has forged key partnerships on World Environment Day in an effort to further the deploy...

Siddharth Shriram, an eminent industrialist based in Delhi and hailing from a prestigious business family died on May 17, 2021 at the age of 76 due to covid related complications. He was admitted to Medanta Hospital...

Nitin Gadkari, Minister of Road Transport & Highways, Micro, Small & Medium Enterprises, Government of India recently requested Rajeev Chaba, President and Managing Director, MG Motor India and Paytm Founder & CEO V...

Suzuki Motorcycle India Pvt. Ltd. (SMIPL), announced the appointment of Satoshi Uchida as the new company head. As a part of the SMC’s global revamp, Satoshi Uchida succeeded Koichiro Hirao with effect from May 1, 2...

Plant shutdowns, donations and service extensions are being increasingly witnessed in the Indian auto industry.

The Indian auto industry is going all out to help the country in production of oxygen, even as it is grappling with woes at its own end. India Yamaha Motor (IYM) is among the companies that have decided to suspend m...

For the financial year 2020-21, the total vehicle registrations in the country were down by (-) 30%. This figure is incidentally even below the fiscal 2012-13 level, thus making it the lowest in the last eight years...

Indian auto companies like JCB India, MG Motor India, Maruti Suzuki and Hero MotoCorp have either shut down or are shutting down their plants for a few days as a result of the prevailing covid-19 conditions. Some of...

As part of its growth strategy in the shared mobility space, Mahindra and Mahindra Ltd. (M&M) announced that it has entered into definitive agreements with shareholders of Meru Travel Solutions Private Limited (Meru...

Changing its name from Kia Motors India to Kia India, this wholly owned subsidiary of Kia Corporation of South Korea has announced the relaunch of its brand in India with a focus on illuminating its transition from...

In keeping with its commitment to the safety and welfare of its people, Hero MotoCorp has decided to proactively halt operations temporarily at all of its manufacturing facilities across the country, including its G...

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...

TVS Motor Company has announced the appointment of global automotive industry icon Prof Sir Ralf Speth to its Board of Directors. The company further announced the appointment of Kuok Meng Xiong as an Independent D...

While providing strong incentives to owners of old vehicles to scrap old and unfit vehicles through registered scrapping centres, the central government in its much awaited Vehicle Scrapping Policy has proposed that...

Kia Motors India, a wholly-owned subsidiary of Kia Corporation, has announced the appointment of Hardeep Singh Brar as National Head of Sales and Marketing, with immediate effect.

Indian automotive companies emerging from the COVID-19 crisis can now look forward to sound professional advice to overcome challenges they may be facing on several fronts. The challenges could be related to their i...

The Automotive Skill Development Council (ASDC) has signed a Memorandum of Understanding (MoU) with Magic Billion to explore possible future opportunities to impart genuine and specialised overseas opportunities to ...

Tyre majors Goodyear Tire & Rubber Company and Cooper Tire & Rubber Company announced that they have entered a definitive transaction agreement under which Goodyear will acquire Cooper in a transaction with a total ...

Electric vehicles (EV) deployed in Delhi have completed 20 million kilometres on the road. This has resulted in a reduction of 500 kilograms of particulate matter emissions, contributing significantly to cleaner air...

Marc Llistosella has been appointed to the role of Chief Executive Officer and Managing Director of Tata Motors company effective July 1, 2021.

Barring companies like Royal Enfield, India Yamaha and BMW India, almost all two wheeler manufacturers in India registered a slump in sales in January 2021 as compared to January 2020. The growth for several compan...

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 ...

Leading motorcycle and scooter manufacturer Hero MotoCorp has surpassed the significant milestone of 100 Million (10 crores) units in cumulative production. The 100 millionth bike, the Xtreme 160R, was rolled-out of...

Maruti Suzuki India has commenced export of Suzuki’s celebrated compact off-roader Jimny from India. The first shipment of 184 units left from Mundra port to Latin American countries such as Columbia and Peru. The i...

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...

Kia has revealed its new corporate logo and global brand slogan that signify the automaker’s bold transformation and all-new brand purpose. The introduction of the new logo represents Kia’s ambitions to establish a ...

Harley Owners Group (HOG) conducted nation-wide dark rides and rallies to support the cause of several Harley Davidson dealers who they feel have been hit hard because of the US company’s decision to close shop here...

Peugeot S.A. ("Groupe PSA") and Fiat Chrysler Automobiles N.V. ("FCA") have revealed the logo of Stellantis, the new group that will result from their 50:50 merger.

In another decade or so, by 2030, while buses and 4-wheeled passenger vehicles will have the least level of electric adoption, it will be two and three wheelers that will see a large adoption of electric vehicles. T...

A month after US motorcycle major Harley-Davidson announced its decision to shut its manufacturing unit in India, comes the news that Harley-Davidson and India’s leading motorcycle and scooter manufacturer Hero Moto...