Auto Industry

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...

The Directorate of Enforcement (ED) has recovered and seized foreign currency, cash, gold and diamond jewellery (including foreign origin gold) worth 25 Crore (approx.) along with certain incriminating documents inc...

In order to drive circular economy, the Society of Indian Automobile Manufacturers (SIAM), the apex automotive industry body, organised a seminar on 'Achieving Circularity in the Automotive Industry through Extended...

“India should target making two and three-wheelers sales 100% electric in the next five years. This will not only help reduce air pollution but also ensure that we become a global manufacturing champion for electri...

Power management company Eaton celebrated the success of its flagship event – EnnovATiON3.0.This first-of-its-kind event is a combination of the words Eaton & Innovation. It is annually hosted by Eaton’s Global Supp...

Automovill, a mobility start-up focused on car after-sales services has launched India’s first dedicated LMP (Learning Management Platform) to up skill auto mechanics and technicians. The brand has launched the plat...

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...

Mahindra Ecole Centrale (MEC) has announced the launch of its first Autonomous Underwater Vehicle (AUV) named Black Pearl. Created by MEC students and mentored by their professors, the Black Pearl is a self-propelle...

Building on its ‘Hamara Bajaj’ roots, two-wheeler manufacturer Bajaj Auto Ltd released its new brand identity as “The World’s Favourite Indian” to announce its transition from a domestic scooter maker to a global mo...

Mahindra Electric and Zoomcar, India’s leading shared mobility platform, have collaborated to offer 100 e2oPlus, Mahindra’s all-electric city smart car on the Zoomcar platform in Delhi. The vehicles were launched on...

Google India, along with Kantar TNS, released a comprehensive report on the influence of digital on the decision-making journey of an automobile shopper. The report titled “The Drive to Decide” states that in 2017, ...

Several auto industry leaders blasted the Indian government for intermittent regulatory uncertainties and urged the government to come out with clear and firm policy guidelines.

Mercedes-Benz India has categorically stated that the decision of the Goods and Services Tax Council to raise the cess on luxury cars from the current level of 15pc to 25pc will be a strong deterrent to the growth o...

The Supreme Court has banned sale of Bharat Stage III (BS-III) vehicles after March 31, 2017. This ruling will have an adverse effect on the Indian automobile industry which currently has an unsold inventory of near...

Rockman Industries, a Hero Group company has acquired a majority stake in Moldex Composites, a British-Indian venture, thereby making its intention known that it is investing in next-gen carbon composites technology...

‘Kabali’, the blockbuster Tamil movie starring south Indian superstar Rajnikanth got off to a roaring start in July 2016 across cinema halls in India. While Rajnikanth is, without doubt, a showstopper and a star to ...

Escorts Ltd has announced the divestment of its OEM & Export business of Auto Product division to Badve Engineering Ltd., Pune in an all cash deal as a part of the planned strategic reorientation of the business to ...

The Board of Directors at Hero MotoCorp Ltd has reappointed Pawan Munjal as the Chairman, Managing Director & Chief Executive Officer of the company for a period of five years with effect from October 1, 2016. His c...

Sunil Kant Munjal, Joint Managing Director, Hero MotoCorp, and Chairman, Hero Corporate Service has decided to step down from the Board of Directors of Hero MotoCorp, once his tenure as the Joint Managing Director o...

He was the real Hero of the Indian auto industry. Dr. Brijmohan Lall Munjal, the Founder of the diversified Hero Group and a Padma Bhushan awardee, passed away on November 1, 2015. He was 92 years old. Dr. Munjal wa...

Union Minister of Road Transport and Highways Nitin Gadkari has stated that the Government has been mulling the option of creating a new department of transport which will be headed by a new Secretary. The new depa...

Five states comprising Tamil Nadu, Kerala, Andhra Pradesh, Karnataka and the newly formed state of Telangana make up South India. Among these, it’s Tamil Nadu that is way ahead when it comes to its contribution to t...

Chief Minister of Gujarat Anandiben Patel laid the foundation stone for Suzuki group’s Gujarat vehicle manufacturing plant in Hansalpur on January 28, 2015. The Suzuki Group will set up three plants at Hansalpur ...

Innovation has a positive impact on the growth of the automotive industry. Automotive leaders and experts unanimously agreed that the Indian automotive industry has to embrace and adopt different innovative ways to ...

Veteran automotive industry leader Ravi Kant who was the Non-Executive Vice Chairman of Tata Motors, retired from the Board of the Company on May 31, 2014. As per the company’s retirement policy, he had to retire on...

TVS Motor Company announced the development of a new technology that will enhance fuel efficiency by

PSA Peugeot Citroen has still to officially declare where it intends to set up a plant in India

JK Tyre & Industries Ltd launched its first state of the art Truck Wheels centre at Vijayawada

Hero Honda split is now formal with Honda Motor Co. Ltd of Japan and Hero group signing fresh MoUs