Auto Industry

TVS Motor Company has announced that the TVS Scooty has crossed the sales milestone of 5 million units. TVS Scooty range has been synonymous with female mobility in India for more than three decades in India.

Cars24, a leading e-commerce platform for pre-owned vehicles, has announced the launch of seven company-owned refurbishment centres called Mega Refurbishment Labs (MRLs) this year. These MRLs will be set up across 3...

Entering the festive season with cheer, full-stack used-car retailing platform Spinny sold more than 80% of cars online during the Navratri period with more than 200 car deliveries on the second day of Navratri. Br...

BorgWarner’s fully integrated P3 hybrid drive module will soon be powering a variety of front-wheel and AWD SUVs for a major European performance based OEM. The unique, power-packed P3 solution enables significant f...

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. ...

Mercedes-Benz India rolled-out the all-new S-Class from the assembly lines of its state-of-art production facility in Chakan, Pune. The S 350 d model is priced at Rs. 1.57crore and the S 450 4Matic at Rs. 1.62 cror...

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...

Honda Motorcycle & Scooter India announced the accomplishment of 5 crore (50 million) cumulative two-wheeler domestic sales in the country since start of its sales operations in 2001.

As announced on July 26, 2021, the Bajaj Group and the Austrian Pierer Group have simplified the shareholding structure in the operating KTM AG. Bajaj Auto Ltd. and its subsidiary Bajaj Auto International Holdings B...

The Federation of Automobile Dealers Associations (FADA), the apex body representing the Indian auto retail industry has among its several demands to the government sought clarity on the Non-Disclosure Agreement (ND...

ePropelled, the Massachusetts-based technology company that offers leading-edge electric propulsion systems, has announced the release of a groundbreaking new electric vehicle (EV) propulsion system to be showcased...

Hyundai Motor Group has introduced a ‘Factory Safety Service Robot’ for industrial site safety, and announced its pilot operation at Kia’s plant in South Korea.

TVS Motor Company has announced a partnership with Swiss technology company EGO Movement as a majority shareholder, in an all-cash deal through its Singapore Subsidiary TVS Motor (Singapore) Pte Ltd. The partnership...

Automotive and industrial supplier Schaeffler has presented its vision of sustainable mobility in its “On Track to Sustainable Mobility” showcase at IAA Mobility 2021. Along with product innovations such as its 3-in...

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

C4V, the U.S based technology provider, announced that it has secured a contract from India based electric vehicle manufacturer Omega Seiki Mobility to supply next generation high performance Lithium-Ion Batteries f...

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...

Electric two-wheeler manufacturer HOP Electric Mobility, having recently launched two unique products HOP Leo and HOP LYF, is now planning to expand its presence in multiple states and also set up a second plant.

TVS Srichakra, a leading manufacturer of 2 & 3-wheeler and off-highway tyres, announced its foray into the Indonesian market with Eurogrip range of tyres.

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...

Kia India is celebrating two years of its India operations with three back-to-back milestones in a row. Soon after achieving the tag of the fastest carmaker to record three lakh sales in India, Kia has touched the t...

Ampere Electric, the e-mobility arm of Greaves Cotton and one of the leading players in the electric 2-wheelers and electric 3-wheelers has unveiled its first Ampere Experience Center in Ranipet in the southern stat...

From silk saris to a silky smooth track for testing vehicles. The age-old city of Kanchipuram, in Tamil Nadu, is known for its magnificent temples and the exquisite silk wear that includes the traditional saris. Now...

Ather Energy, India’s first intelligent electric scooter manufacturer, announced that the company will offer its proprietary charging connector to other OEMs to adopt for their two-wheelers, paving the way for an i...

According to the latest retail data provided by the Federation of Automobile Dealers Associations (FADA), total vehicle retails for the month of July 2021 have increased by 34.12% on year on year basis. When compare...

Mahindra & Mahindra has unveiled its new visual identity including a brand-new logo that will differentiate its SUV portfolio. The all-new visual identity is in tune with the company’s focus to be makers of sophisti...

Samvardhana Motherson Automotive Systems Group BV (SMRPBV), (a Motherson Group company), has signed an MOU with Marelli Automotive Lighting to explore a new technological partnership focused on smart illuminated ext...

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...

Bajaj Auto’s clout in the global motorcycle market, both in the conventional IC engine space as well as the electric two wheeler space, will increase considerably once the proposed simplified equity structure in the...

Automobile major Tata Motors has rolled out the10,000th unit of the all new Safari from its manufacturing facility in Pune. Despite all restrictions, after the 100th rollout in February 2021, the last 9,900 units o...

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...

Mercedes-Benz is getting ready to go all electric by the end of the decade, where market conditions allow. Shifting from electric-first to electric-only, the world’s pre-eminent luxury car company is accelerating to...

Sterling Gtake E-mobility Ltd (SGEM), NCR-based motor control units (MCUs) manufacturer for electric vehicles has announced that it has secured an order worth Rs 60 crore for MCUs from a leading 2W EV OEM.

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...

STMicroelectronics, makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities, has revealed a highly integrated and flexible automotive LED driver.

Ola Electric and Bank of Baroda have signed the largest long-term debt financing agreement in Indian EV industry. This 10-year debt of US$100 million is towards the funding and financial closure of the Phase 1 of th...

Hero Electric Vehicles has announced the first part of their Series B funding of Rs.220 crore. Gulf Islamic Investments (GII) led the round along with participation from OAKS.

Nissan has unveiled Nissan EV36Zero, a one billion pound (Rs 10,000 crore approx.) flagship Electric Vehicle (EV) Hub creating a world-first EV manufacturing ecosystem.

Leading car manufacturer Hyundai Motor India Ltd (HMIL), achieved a production milestone by rolling out its 10 millionth car from its manufacturing facility in near Chennai in the southern state of Tamil Nadu.

Dao EV Tech, an electric mobility manufacturing start-up based out of Hyderabad has entered into a strategic agreement with Avon, a leading bicycles manufacturer in the country. As per the MoU, Dao EV Tech and Avon ...

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 ...

Nissan India has announced the exports of the all-new Nissan Magnite in Indonesia, South Africa and Nepal. Since the launch of the all-new Nissan Magnite in December 2020, Nissan India has produced 15,010 sub-compac...

Leading automotive and industrial supplier Schaeffler is the official “Series and Innovation Partner” to the DTM racing series and will bring the steer-by-wire technology Space Drive to the starting grid in three DT...

In continuation of its efforts to promote India and Indians globally, Omega Seiki Mobility Pvt. Ltd. (OSM), part of the Anglian Omega Group has announced its partnership with India’s first DTM driver Arjun Maini for...

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

Cars24, a leading e-commerce platform for pre-owned vehicles and operating in over 130 cities in India is set to further strengthen its foothold in the Southeast Asian and Middle East markets in 2021. The company r...

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...

Mahindra Group has announced the appointment of Pratap Bose, a former senior employee of Tata Motors, as the Executive Vice President and Chief Design Officer to lead its newly formed Global Design organisation.

Tata Motors has rolled out the 2,00,000th Nexon from its Ranjangaon facility in Pune. Since the 150K roll out in November 2020, the last 50K units have been recorded in less than 6 months, with demand outpacing supp...

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...

Varroc Engineering Limited (Varroc), a global Tier-1 auto component manufacturer, has signed a Memorandum of Understanding (MoU) with Candera GmbH for a strategic association to integrate the Human Machine Interface...

BYD, the world’s leading New Energy Vehicle (NEV) manufacturer, and one of the first to produce one million electric passenger cars globally, has shipped the first 100 European-specification BYD Tang SUVs for custom...

Skoda Auto India has started production of the Kushaq at the Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL) plant in Chakan, Pune. Customer deliveries are planned to begin in July 2021. The Skoda Kushaq comes with TS...

Nissan India has launched the first-of-its-kind ‘Nissan Intelligent Ownership Subscription Plan” for the new-age customers, a new way to own the all-new Nissan Magnite, Nissan Kicks or Datsun redi-Go.

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...

TVS Srichakra Ltd., one of India’s leading manufacturers of 2 & 3 wheeler and off-highway tyres, announced its foray into the European market with its new range of Eurogrip two-wheeler tyres customised to meet the E...

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...

Okinawa Autotech, a leading electric vehicle (EV) manufacturer has announced a range of milestones achieved over the last financial year, as well as the roadmap for the ongoing financial year. The company clocked a...

TVS Motor Company (TVS), owner of Norton Motorcycle Co Ltd (Norton) has announced the appointment of Dr Robert Hentschel as Chief Executive Officer (CEO) and Vittorio Urciuoli as Chief Technical Officer (CTO) of the...

Ola, one of the world’s leading mobility companies, announced that it is launching a new electric vehicle category on its ride hailing platform, which will allow riders to specifically book rides in a fully electric...

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...

A couple of days after Jagdish Khattar died on April 26, 2021, India’s leading car manufacturer Maruti Suzuki released half page obituaries in the country’s leading newspapers.

Stellantis India & Asia Pacific has announced key leadership appointments for its operations both within in India and the region. Roland Bouchara, has been appointed to the role of CEO &Managing Director for Stella...

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...

At Auto Shanghai 2021, Huawei has launched its next-generation intelligent components and solutions, including the 4D imaging radar, AR-HUD, and MDC 810 during its Huawei Inside (HI) product launch titled "Focused ...

Jaya Hind Industries Private Limited, a Dr. Abhay Firodia group company, which has had a 12 year-long successful technical tie-up with KS Huayu Alutech GmbH (KSATAG) announced that the agreement for the manufacture ...

Omega Seiki Pvt. Ltd., part of Anglian Omega Group of companies, announced that it will be bringing advanced chemistry cells to India in association with New York based companyC4V.C4V plans to become the first lithi...

Marking the launch of ACMA Automechanika's virtual edition, Messe Frankfurt India along with ACMA (Automotive Component Manufacturers Association of India) will welcome aftermarket players on its online networking a...

The Federation of Automobile Dealers Associations (FADA) has in its Monthly Vehicle Registration Data for March 2021 stated that while March automobile registrations continue to fall by (-)28.64% year on year (YoY )...

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...

India’s leading rating agency ICRA has estimated that the revenue decline for the Indian auto component industry will be limited to 6-8% in FY2021 supported by the better-than-expected demand pick-up across most seg...

Mahindra & Mahindra has signed an MoU with Mahindra MSTC Recycling Private Limited (MMRPL) towards offering its customers first of its kind end-to-end solution for scrapping of vehicles. MMRPL is engaged in the busi...

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.

Nissan Motor Co. has announced Guillaume Cartier as its new Chairperson for the Africa, Middle East, India, Europe and Oceania (AMIEO) region. Effective April 1, 2021, Cartier will lead all Nissan operations in the...

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...

TVS Srichakra Ltd., a leading manufacturer of 2 & 3 wheeler and off-highway tyres, announced the launch of eleven new products for the replacement market: eight new high-performance tyre sizes for motorcycles, two f...

Recognising the need to prepare over 20,000 auto dealerships to engage with customers in the ongoing and post pandemic era, Automotive Skills Development Council (ASDC) and Federation of Automobile Dealers Associati...

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 ...

Just one month after the comprehensive go-local strategy was announced by Jeep brand, Jeep India has commenced local assembling of the 2021 Jeep Wrangler in its Ranjangaon joint venture manufacturing facility.

TVS Motor Company has appointed Timothy (Tim) Prentice as Vice President – Design at TVS Motor Company. Tim is among the most acclaimed motorcycle designers globally, with significant motorcycle design milestones an...

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...

Federation of Automobile Dealers Associations (FADA), the apex national body of automobile retail in the country has informed that it is initiating an Annual Dealer Satisfaction Study in association with Premon Asia...

Two years after its first acquisition in e-mobility, Ampere Electric, the wholly owned electric mobility subsidiary of Greaves Cotton Ltd, announced phased investment potential of Rs 700 crore over 10 years to set u...

TVS Motor Company has inaugurated a showroom in Dubai. The company announced a new distribution partnership with Public Motors, part of the reputed Ghaf Investments L.L.C, in the United Arab Emirates.

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.