Auto Industry

On March 25th, BYD, the world's leading manufacturer of new energy vehicles and power batteries, became the world's first automaker to roll off its 7 millionth new energy vehicle, the Denza N7, symbolizing another g...

Ultraviolette Automotive, an electric two wheeler manufacturer, has appointed Ajay Shanker as its Chief Financial Officer (CFO). Ajay comes with a rich background spanning over 25 years in pivotal financial roles at...

Business leaders in the automotive space hailed the Interim Budget 2024-25 presented by Finance Minister Nirmala Sitharaman for its clear focus on strengthening the electric vehicle ecosystem at large.

The aluminum die-casting specialist LMG Manufacturing inaugurated its new production hall in Hoym/Seeland after just ten months of construction.

Hyundai Motor Group held its 2024 New Year address at Kia AutoLand Gwangmyeong, the first dedicated electric vehicle (EV) plant in Korea, looking forward to the year ahead and outlining the Group’s key areas of focu...

Hyundai Motor Company and Kia Corporation signed a strategic partnership with Infineon Technologies AG,a global semiconductor leader, to secure power semiconductors in support of the growing electric vehicle demand ...

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...

After almost trebling to 7.3 lakh units last fiscal, volume growth of electric two-wheelers (e2Ws) is set to slow to 25% this fiscal following the recent reduction of subsidy under the FAME-II scheme and consequent ...

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

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...

While the Indian automotive industry is poised to continue its growth trend in the future, it will be challenged by infrastructure hurdles, particularly within cities. Urban centers are India’s growth engines; howev...

The SMEV has indicated reaching a possible breakthrough on the vexatious issue of subsidy payments that created a crisis in the EV industry and a log jam with the MHI.

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 ...

Mobec, India's fastest-growing network of portable EV charging solutions, has announced the launch of its pan-India franchise network.

The electric two wheeler industry in India is in disarray and in order to bring in a semblance of order, it has wrapped itself in saffron, or so it seems, for the time being, hoping to extricate itself from a sticky...

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.

The Vehicle Retail Data for May’23 released by the Federation of Automobile Dealers Associations (FADA) clearly demonstrates that the two wheeler industry has shown a positive growth.

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...

Usually every industry has a body that represents the genuine grievances, fears and wishes of companies it represents. The Society of Indian Automobile Manufacturers (SIAM) represents OEMs (vehicle manufacturers) op...

The Stellantis Group has appointed Aditya Jairaj as the Deputy Managing Director of Stellantis India, effective May 4. Jairaj will also lead the Jeep brand’s operations in the country.

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...

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...

Gestamp, the Spanish multinational Tier 1 supplier, specialised in the design, development and manufacturing of components for the automotive sector, announced its fourth hot stamping line in India at the 16th Auto ...

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 ...

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).

App based taxi service provider Uber has announced the launch of new and expanded technology-led safety features and strengthened customer support in India. The company that celebrates ‘standing for safety’ as its c...

Spain based Grupo Antolin, a global supplier of technological solutions for car interiors, inaugurated its new state of the art Global Design and Business Services office in Pune.

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...

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...

Jaguar Land Rover, part of the Tata Motors Group, has taken another step towards a new era of electrification and connectivity by opening a facility to test the next generation of vehicles for electrical and radio ...

Electric scooter manufacturer Ather Energy sold 2389 units in July ’22, thereby registering a 24% year-on-year growth. The company, it may be recalled, has introduced the new 450X Gen 3- now powered by a 3.7 kWh bat...

India has the world’s largest and fastest growing two-wheeler market. It is the cheapest and quickest form of local travel. Forecasts peg the number of vehicles sold annually to reach 26.6 million units by 2025.

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...

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.

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...

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...

Dr. Lakshmi Venu has taken over as the Managing Director of Sundaram-Clayton Limited (SCL), one of India’s leading auto components manufacturer at the board meeting held on May 6, 2022. Dr.Venu was the Joint Managin...

TVS Motor Company has announced at its board meeting the elevation of Sudarshan Venu as Managing Director of the company effective May 5, 2022.

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

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...

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...

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...

Maruti Suzuki India Ltd (MSIL), the largest car makers in the country is now into the crushing business. Maruti Suzuki Toyotsu India Private Limited is a 50:50 joint venture between Maruti Suzuki India Limited and T...

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...

Automovill, a full-stack mobility start-up has announced the foray in Eastern and Central markets in India. The brand has launched new workshops in the key cities - Kolkata, Ranchi, Bhubaneshwar, Siliguri, Bhopal, ...

Luxury car brand Mercedes-Benz continued its firm leadership position in the country’s luxury car segment for a record seventh year in a row. In a pandemic hit 2021 calendar year, Mercedes-Benz India delivered 11,24...

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 ...

The year 2021 has clearly shown that Indians have begun to prefer registered high speed electric two wheelers (E2W) as compared to non-registered low speed two wheelers. Thus, while registered high speed two wheeler...

Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India, announced that the 2nd generation model of its popular family sedan Honda Amaze has crossed milestone of 200,000 deliveries in India sin...

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

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...

Ford’s state-of-the-art Weather Factory has never been busier. Used to simulate a range of extreme conditions under one roof, it has enabled engineers to test vehicles in a way that is less impacted by travel limita...

In an exclusive interview, Uday Narang, Chairman, Anglian Omega Group & Omega Seiki Mobility talks about his company plans to enter the two and four wheeler electric vehicle space.

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...

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...

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...

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...

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...

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...

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 ...

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...

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...

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...

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...

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 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...

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 ...

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...

Various kinds of modern technologies as well as policies relating to tyres were discussed threadbare at the 4th edition of International Symposium on Automotive Tyre Technology organised by the International Centre ...

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...

ACMA Automechanika New Delhi is all set to go hybrid from 2021. Messe Frankfurt India together with Auto Component Manufacturers of India (ACMA) have announced that the 5th edition through its new dynamic digital mo...

Audi, the German luxury car manufacturer, announced a price increase of up to 2 percent across its entire model range owing to weakening of the rupee and rising input costs.

ICRA, an independent and professional investment Information and Credit Rating Agency states that automobile dealerships across India continue to face tough times. As if the demand slowdown due to macroeconomic chal...

The electric two-wheeler industry is showing signs of revival. According to the Society of Manufacturers of Electric Vehicles (SMEV), in September 2020, sales of High-Speed Electric two-wheelers (HS E2W) have increa...

KN GUPTA, Joint Managing Director, Maclite (Super Nova Autolite Pvt Ltd) & MD, SKNG Business Solutions Pvt Ltd reveals in an interview with Motown India Editor Roy P. Tharyan, that the auto industry in India is toda...

23 Questions every car owner should be able to answer Interview with CV Raman, Sr. Executive Director, Engineering, Maruti Suzuki India Ltd. Raman san answers 23 critical question for car owners.

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...

As both Fiat Chrysler Automobiles N.V. and Peugeot S.A. ("Groupe PSA") move towards the completion of their 50:50 merger as defined in the Combination Agreement announced on December 18, 2019, the two companies have...

The TVS Group has announced the passing away of P. Vijayaraghavan. “It is with profound grief and sadness that we mourn the passing and honour the life of Mr. P. Vijayaraghavan,” a company note said.

Great Wall Motor (GWM), a global SUV manufacturer based in China has signed an MOU with the Maharashtra government to set up a state-of-the-art automotive manufacturing facility in Talegaon, committing an investment...

In this latest round of resumption of plant operations and other activities, Indian auto companies in the news include Tata Motors, Honda Cars India, Bridgestone India, Toyota Kirloskar Motor, Hero MotoCorp, Hyundai...

Indian auto companies that were forced to shut their plants in the wake of the lockdown that followed the precautions against covid-19 pandemic have now started their local production at their respective plants acro...

As was expected, the Indian automobile manufacturers recorded zero sales in the domestic market, while a few managed to record a handful of exports during the lockdown period of April 2020 as a result of the ongoing...

If one were to calculate by what SIAM has to say wherein each day of plant closure will trigger a loss of more than Rs 2300 crore in turnover for auto OEMS and component manufacturers, then what we are looking at i...

In spite of the fact that the Indian auto industry will be incurring a loss of approximately Rs 50,000 crore in turnover for the 21-day plant shutdown as a result of the countrywide lockdown due to the ongoing coron...

Like all vehicle manufacturers in the country, Tata Motors too posted miserable sales for its passenger vehicles for the month of March 2020. The company sold 5676 units as compared to 17810 units in March 2019. Thi...