Auto Industry

As festive season is one of the most crucial times for marketers, Luxury Ride, a one-stop destination for the most opulent range of pre-owned luxury cars, has expanded its inventory size to 75+ for pre-owned luxury ...

Royal Enfield, global leader in the mid-size (250cc-750cc) motorcycle segment, announced the launch of an innovative and first-of-its-kind programme in the motorcycle industry - the Assured Buyback Programme with OT...

After posting the best-ever half-year in 2023, BMW Group India continues the success story by posting the best-ever year to date sales (January – September) – for all three brands – BMW, MINI and BMW Motorrad. In th...

Maruti Suzuki, the number one passenger vehicle exporter as per SIAM, for two consecutive years, has started exports of its off-roader, the Jimny 5-door. The vehicle will be shipped to destinations including Latin A...

Luxury car maker Mercedes-Benz India announced strong sales momentum in the January-September 2023 period, delivering 12,768 new cars to customers. With a growth of 11% YTD, Mercedes-Benz continued to witness all-ro...

According to a Crisil Market Intelligence & Analytics report, the domestic market for passenger vehicles with ADAS or Advanced Driver Assistance System s will cross US 1 billion by financial year 2028.

Electric Vehicles (EV) penetration in India will reach 50pc by FY33 led by strong and sustained government support. Moreover, incentives of Rs 1.8 trillion over FY 24-28E would lead to battery demand of 250Gwh and e...

Maruti Suzuki Grand Vitara rings in its first anniversary with a remarkable milestone of fastest 1 lakh sales in the Mid-SUV segment in less than a year. This achievement is a testament to Grand Vitara's astounding ...

Premium electric motorcycle startup, Raptee has raised $3 Million in a Pre Series A round led by deep-tech VC fund Bluehill Capital

Manav Kapur, Executive Director, Steelbird International, India’s leading automotive components company, has taken charge as chairperson of ACMA-YBLF.

Hero Electric, India's leading electric two-wheeler company and a leader in city speed e-mobility, shared its plans to create differentiated brands for market categories. In line with that strategic vision, the comp...

BYD India, a subsidiary of the world's leading New Energy Vehicles (NEV) manufacturer BYD, celebrated its 10th year anniversary in the Electric Vehicle (EV) segment in India, a significant milestone of its 16+ years...

Skoda Auto Volkswagen India Private Limited (SAVWIPL), has achieved the 600,000 export milestone for cars produced at its manufacturing facility in Chakan, Pune.

Hyundai Motor India Limited (HMIL) has signed an Asset Purchase Agreement (APA) for the acquisition and assignment of identified assets related to General Motors India (GMI)’s Talegaon Plant in Maharashtra.

Mahindra Electric Automobiles Limited (MEAL), a newly set-up subsidiary of Mahindra & Mahindra, pioneers of the SUV segment in India, unveiled a powerful and distinctive new visual identity for its forthcoming range...

The government is continuing with the FAME subsidy to bridge the price difference in EV

The Society of Indian Automobile Manufacturers (SIAM), the apex body of the automobile industry, has launched the "Road Safety Education & Awareness Programme" exclusively designed for school students across the cou...

Vitesco Technologies, a leading international supplier of modern drive technologies and electrification solutions, is delivering its integrated axle drive EMR3 (3rd generation, Electronics Motor Reducer) to Honda fo...

Seven of the world’s leading automakers – BMW Group, General Motors, Honda, Hyundai, Kia, Mercedes-Benz Group, Stellantis NV – are creating a joint venture to accelerate the transition to electric vehicles in North ...

A 2,00,000+ strong Hunter 350 community across the globe … and still counting! Royal Enfield, global leader in the mid-size motorcycle segment (250cc - 750cc), has crossed the 2,00,000 sales mark for its compact and...

Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation has achieved a significant production milestone as the company rolled out 5 millionth Access 125 from its Kherki Dhau...

Mahindra & Mahindra announced that it has achieved a production milestone of 900,000 units for the Scorpio SUV, marking a significant achievement for the brand that created the SUV category in India. For over two de...

Primus Partners Pvt. Ltd. (Primus), a pioneer in the realm of management consulting services reported that the automobile industry registered an astounding employment figure of over 1.9 crore++ occupying paramount i...

JLR has announced a new collaboration with Everstream Analytics, the industry-leading supply chain mapping and risk analytics experts, which will embed AI into JLR’s supply chain management.

The Society of Manufacturers of Electric Vehicles (SMEV), the registered association representing Indian manufacturers of electric vehicles, has petitioned the National Green Tribunal (NGT) expressing concerns that ...

Simple Energy, India's leading electric vehicle and clean energy start-up, commenced deliveries of its revolutionary product, the Super EV - Simple One.

The Federation of Automobile Dealers Associations (FADA) in its Vehicle Retail Data for May’23 has revealed that the passenger vehicle sales have grown by 4 per cent YOY.

Overall, the Indian automobile market has witnessed a resurgence across the various segments for the month of May 2023. This was revealed in the retail sales figures announced by the Federation of Automobile Dealers...

MG Motor India, an iconic British automobile brand and part of Chinese auto major SAIC has announced its strategic 5-year business roadmap to Indianise the business operations for sustainable growth and meaningful ...

Bandidos Group, South India's leading retailer of mid-range and premium motorcycle accessories, has launched its own manufacturing unit with first-of-its-kind technologies in India's motorcycle accessories industry.

Mahindra & Mahindra announced that its iconic Bolero SUV has crossed the 1 lakh mark in sales in FY 2023, marking a significant milestone. Since its introduction in 2000, the Bolero has sold over 1400000 units

Isuzu Motors India (IMI), a subsidiary of Isuzu Motors Limited, Japan, has announced key changes in the top management. The company which is headquartered in Chennai in Tamil Nadu, has a manufacturing plant in Sri C...

BYD India, a subsidiary of the world’s leading new energy vehicle manufacturer, is celebrating 16th Year Anniversary in India. In the past 16 years, the company has played a significant role in accelerating NEV adop...

Effective July 1, 2023, Guruprasad Mudlapur will be appointed President of the Bosch Group in India and Managing Director of Bosch Limited. In his new role, Guruprasad will be responsible for the strategic growth an...

Kabira Mobility, an electric bike manufacturer in India known for its KM3000 and KM4000 models, announced that it has secured a $50 million investment from its strategic investor, Al-Abdulla Group (Qatar) at an undi...

TVS Motor Company has announced that the TVS HLX series has achieved a milestone of 3 million sales across 54 countries. This is the fastest million milestone that the brand has achieved in 17 months and it represen...

MG Motor India announced that it has delivered 108 Hector SUVs over a single business day to Orix India for its Rent-a-Car division. Orix, one of the largest car leasing and rental companies in India, is part of Ori...

Asia’s first multi-brand affordable mobility platform and India’s first and only digital-first two wheeler platform, DriveX has launched its first state of the art DriveX Technical Centre, a highly developed service...

BorgWarner has announced Brady Ericson will serve as President and Chief Executive Officer, and Chris Gropp will serve as Executive Vice President and Chief Financial Officer of the separate, publicly traded company...

As India targets net zero emissions by 2070 and plans to meet 50 percent of its electricity requirements from renewable energy sources by 2030, Skoda Auto Volkswagen India has taken another significant step towards ...

In a joint venture partnership with Al-Abdullah Group, Qatar, Kabira Mobility, the company behind KM3000 and KM4000, India’s fastest and longest riding bikes on road, announced its investment of Rs 300 crore in the ...

Hero Electric, India’s largest electric vehicle company, has partnered with Dhoot Transmission Pvt. Ltd for new wiring harness solutions. Under the partnership, Hero Electric’s products will be equipped with the lat...

Matthias Matic, Head of Safety and Motion Business Area, Continental Automotive Technologies GmbH, Germany noted, “Globally most of our business comes from four wheelers, but in India a big portion of our business c...

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.

With the focus on clean mobility, the electric powertrain is adopted across major vehicle segment globally. In India, Light Electric Mobility has already gained big momentum based on local driving and usage patterns...

Rosmerta, in association with SIAM, is all set to host the most promising awareness initiative on road safety. As a market leader in the mobility solutions, Rosmerta pioneers the innovation led products and solution...

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 ...

Altair, a global leader in computational science and artificial intelligence (AI), has invested $10 million in Xscape Photonics, a start-up that developed patented technology for photonic chips for ultrahigh-bandwid...

Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s auto component manufacturing industry has announced the findings of its Industry Performance Review for the first ha...

HYM Drive Systems, a joint venture between Hero Motors Ltd. and Yamaha Motors Co. (Japan), has inaugurated its plant at Hero E-Cycle Valley in Ludhiana. Pankaj Munjal, Chairman of Hero Motors Company, inaugurated th...

On December 14, the first Audi Q8 e-tron drove off the production line at the Brussels plant. It marks the beginning of an era for the new top model in Audi’s electric SUV range. The plant has been a role model for ...

Keeping the vision of a clean and green environment alive, Tata Motors, India’s leading automobile manufacturer and the pioneer of the EV evolution in India, signed an MoU with Everest Fleet Private Limited for the ...

Auto retail in November’22 saw an overall growth of 26 per cent, according to Nov 2022 sales data released by the Federation of Automobile Dealers Associations (FADA).

Passenger vehicles retail sales in November’22 saw an overall growth of 21pc YOY, according to sales data released by the Federation of Automobile Dealers Associations (FADA). The sales were aided by the Great Indi...

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...

Apollo Tyres has inaugurated an advanced tyre testing facility, which is housed at its Global R&D Centre, Asia in Chennai, India. The new facility will help improve upon the efficiency and effectiveness of product d...

Mahindra & Mahindra has announced the winners of the inaugural edition of ‘Mahindra Rise Sustainability Champion Awards’.

Ultraviolette Automotive Pvt. Ltd., an innovator in sustainable mobility, has announced investments from Qualcomm Ventures and Lingotto to expand the Series D round.

Mercedes-Benz India announced an organisational change in its Sales & Marketing function effective from February 1, 2023. Lance Bennett, currently associated as the General Manager and Company Director, Mercedes-Ben...

The Federation of Automobile Dealers Associations (FADA) has stated that except tractors which decreased by -1.5%, all the other categories were in green. The two wheeler, three wheeler, passenger vehicle and commer...

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...

On YoY basis, total passenger vehicle retail sales for the month of September’22 saw a growth of 10%, according to the data released by Federation of Automobile Dealers Associations (FADA).

Kalyani Powertrain Limited (KPTL), a wholly owned subsidiary of Bharat Forge Ltd., is all set to drive the company’s vision for sustainable development, by investing in cutting-edge technologies. KPTL was founded i...

Delta, a global leader in power and thermal management solutions, has emerged as a major player in the e-mobility sector worldwide. Over the last few years, as one of the prominent leaders in EV (electric vehicles) ...

Honda Cars India Ltd. (HCIL), leading manufacturer of premium cars in India, announced that its popular family sedan Honda Amaze has cumulatively sold 5 lakh units since its first introduction in 2013. The car, pres...

The Indian automotive components industry has registered a turnover of Rs. 4.20 lakh crore (USD 56.5 billion) for the period April 2021 to March 2022, registering a growth of 23 per cent over the previous year.

Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors Ltd, and Ford India Private Limited (FIPL), have signed a Unit Transfer Agreement (UTA) for the acquisition of FIPL’s manufacturing plant...

Mercedes-Benz Research and Development India (MBRDI) has been announced as a Great Place to Innovate at the 13th edition of Zinnov Awards 2022. These annual awards recognise, honour, and celebrate the tech titans of...

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 ...

Renault India has rolled out the 50,000th Renault Kiger from its plant in Chennai and to celebrate this milestone the company has introduced a new Stealth Black exterior colour in the Renault Kiger range.

Mecwin India, one of the fastest-growing EV startups in the country is going to invest Rs. 50 crore for setting up one of the largest manufacturing plants for EV motors and controllers in Karnataka.

A Tata Nexon electric car caught fire in Vasai area in Mumbai, Maharashtra late June 22, 2022. Incidentally, the Nexon EV is the highest selling electric car in India. Though in the recent past there have been sever...

Behr-Hella Thermocontrol GmbH (BHTC), a global technology leader in the field of Automotive Displays / HMI Solutions and climate control and thermal management, has announced the launch of its state of the art, full...

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 ...

Okinawa Autotech, India’s No-1 selling electric two-wheeler brand has announced the setting up of a mega factory in Karoli, Rajasthan. It will be one of the most comprehensive units and the first such attempt made ...

The retail sales of passenger vehicles (PVs) in May 2022 have shown a significant growth compared to other segments, according to the data provided by the Federation of Automobile Dealers Associations (FADA). Even c...

Domestic sales of automobiles, barring passenger vehicles (PVs) and tractors, in India continue to remain subdued in May 2022 if one were to compare it with the retail figures of the year 2019, as both 2020 and 2021...

Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors Ltd, and Ford India Private Limited (FIPL), have signed a Memorandum of Understanding (MOU) with the Government of Gujarat (GoG) for the ...

The Indian auto industry can leverage and partner with South Korea to develop the electrical vehicle (EV) market in India and through collaboration ,it can emerge as leaders for a large part of the world. This was s...

Leading Indian electric two wheeler manufacturer Okinawa Autotech has signed a joint venture agreement with Tacita, an Italian manufacturer of electric performance and cruiser motorcycles. The new company, born from...

Volkswagen and Mahindra & Mahindra Ltd. (M&M) are exploring the use of MEB electric components for Mahindra’s new “Born Electric Platform”. Both parties announced that they have signed a partnering agreement to eval...

Badve Engineering Ltd, one of India’s leading Tier-1 automotive manufacturing companies for Indian and global OEMs, and Israeli startup EVR Motors have announced that they are forging a strategic commercial agreemen...

In its endeavour to revolutionise the promising EV retrofitting segment, Bengaluru-based Mecwin India, the fastest-growing electric vehicle motor manufacturing company, is foraying into the little-explored electric ...

BorgWarner’s battery management system (BMS) has been selected by a leading global vehicle manufacturer to equip the entirety of its B-segment, C-segment and light commercial vehicle platforms. Initially, model year...

Jeep India has announced the start of production of the all-new Jeep Meridian from its JV manufacturing facility at Ranjangaon

In a bid to transform itself into a high-tech company and focus on the existing growth of electronics, connectivity, electrical vehicles (EVs) product lines and the 2-wheeler segment globally, Varroc Engineering Lim...

Toyota Kirloskar Motor (TKM) has announced that the company has achieved a significant milestone of two million cumulative wholesale units, ever since its inception in India.

The 5th generation of C-Class commenced roll out from the Mercedes-Benz’s state-of-the-art production facility in Chakan, Pune.

Magenta, a leading EV charging company, successfully developed and installed Delhi's first LEV AC EV charger under the state government's plan, which allows for the construction of private EV chargers for a net cost...

Hero Electric has partnered with Even Cargo, India’s first women-only delivery platform, for strengthening the last-mile delivery segment. The collaboration envisages women at the riding end to fasten the electric m...

With 2 million electric vehicles estimated to be plying the roads by 2026, building the charging infrastructure for EVs has become paramount. Addressing the infrastructure demand, Hero Electric, India’s No.1 electri...

Napino Auto & Electronics Ltd., India’s premier Tier 1 automotive component manufacturing company, has forged a commercial licensing agreement with EVR Motors, an Israeli start-up with a newly designed and patented ...

Skoda Auto India has stretched its growth story even further by steadily expanding its market presence in northern India. This has resulted in an increase of customer touch points from 25 in 2019 to 51 in 2022 acros...

The ground-breaking ceremony for the manufacturing facility of HYM Drive Systems, a Joint Venture between Hero Motors and Yamaha Motors Co. (Japan) took place on April 2, 2022, presided over by Pankaj Munjal, Chairm...

Yamaha Motor Moto Business Service India (MBSI) announced its entry into the EV segment for 4 - wheeler asset management services by partnering with Malbork, a Bangalore based all electric sustainable energy powered...

MG Motor India announced its plan to extend cars to select engineering colleges in Gujarat. This partnership will enhance technological skill sets in students under the MG Nurture initiative, thereby helping in brid...

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.

Pre-owned car retailing platform Spinny has acquired a 100% stake in AI-powered connected car startup Scouto. The deal will mark one of the first consolidations in the AI-powered used car solutions segment where Spi...