Auto Industry

CBRE South Asia Pvt. Ltd., India’s leading real estate consulting firm, has announced the findings of its report, ‘Electric Vehicles in India – New Wheels on the Roads’. The report focuses on the real estate strateg...

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...

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 ...

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

Modern Automotives Ltd. has become the first Indian company to achieve approval for deliveries of differential pinion shaft to BMW AG Munich. The order comprises 2.5 million units to be delivered by 2034.

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 ...

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 ...

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...

Marquardt India, a leading manufacturer of electromechanical and electronic switches and switching systems for automobiles and other sectors opened its global R&D centre in Pune. The centre with skilled engineers is...

Schaeffler, leading global supplier to the automotive and industrial sectors, is expanding its software and electronics expertise. The company has inaugurated a new centre of competence in software development in Pu...

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).

BorgWarner has inaugurated another plant in Thiruvallur District near Chennai, India, which provides extensive manufacturing, assembly and storage space. Having two sites operating in close proximity is expected to ...

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...

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...

Continuing strong growth recovery well into the second quarter, Honda Motorcycle and Scooter India today announced its sales numbers for July 2022.The company’s total sales for the month of July’22 stood at 443,643....

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

TVS Motor Company registered a growth of 13% in July 2022 with sales of 314,639 units as against 278,855 units in the month of July 2021.

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...

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 ...

The electric vehicle division of KLB Komaki, known for producing powerful and sporty electric two-wheelers is now ready to charge up India’s EV infrastructure with high-end peer-to-peer charging points across the le...

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...

Automobili Lamborghini has added a new record to its list with its super SUV Urus, as the best-selling model in the shortest time ever.

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...

Bhago Mobility Solutions Private Limited (Bhago), the green energy vertical for Modern Automotive Limited (MAL) has announced its latest equity acquisition in Pastiche Energy Solutions (P) Ltd (Pastiche), one of the...

Nissan has expanded the number of export markets for its highly popular Magnite compact SUV to 15 in total, following a successful first year on sale.

TVS Motor Company announced the successful acquisition of a 75% stake in the Swiss E-Mobility Group (SEMG). The acquisition reaffirms TVS Motor Company’s commitment to expansion in Europe through a portfolio of prem...

Kinetic Green Energy & Power Solutions, India’s leading EV company, has today announced that they are entering into a collaboration with global electric vehicle giant, Aima Technology Group, to co-design and develop...

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...

Automobili Lamborghini ended 2021 with a remarkable all-time record: 8,405 cars were delivered worldwide, making it the company’s best year ever on that front. Sales were up by 13% on 2020 due to a targeted and moni...

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...

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,...

With semi-conductor shortage continuing to play spoil-sport, passenger vehicle sales, in spite of huge bookings in December, closed in the red. Dealers, however, saw slight ease in vehicle supply thus giving some ho...

Though Maruti Suzuki continues to lead the pack of four-wheel passenger vehicle companies in India when it comes to December 2021 domestic sales, its numbers too fell for the month along with several other companies...

Okinawa Autotech electric two-wheeler manufacturer has surpassed 100,000 domestic sales of its high-speed and low-speed models. The sales momentum this year has primarily been driven by the hugely popular and locall...

Honda Motorcycle and Scooter India Pvt. Ltd. commenced the manufacturing of global engines from its 4th factory at Vithalapur (Ahmedabad district), Gujarat. Powering its 250cc (& above) category two-wheelers, the de...

Even as India gets ready to buy the premium electric car from BMW, the BMW iX that will be launched in the coming days in the country, globally there is reason for BMW to celebrate. BMW Group celebrated the delivery...

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...

Norton Motorcycles has announced the completion of its new global headquarters. The all-new facility houses state-of-the-art manufacturing capability and the company’s new global design and R&D hub. It forms a key p...

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...

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...

Hero Electric, India’s largest EV two wheeler maker, is expanding capacity of its all new production facility in Ludhiana owing to growing demand being witnessed by the brand. With this initiative, Hero Electric aim...

Ford India has announced that it will cease manufacturing vehicles for sale in India immediately. The manufacturing of vehicles for export will wind down at Sanand vehicle assembly plant by Q4 2021, and Chennai engi...

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...

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...

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...

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...

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...

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.

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...

ZF Friedrichshafen AG (ZF) has divested its entire equity stake in Brakes India, a leading supplier of braking systems in the Indian market and a global supplier of ferrous castings. The acquisition of ZF’s equity s...

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...

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...

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.

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

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...

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 ...

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 )...

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...

Luxury car maker Mercedes-Benz India announced that it sold 3193 new cars in the January-March 2021 period, hinting at a strong recovery ahead.

Vishal Mathur, Senior Vice President, LMD Truck Business – VECV elaborates upon VECV’s Light & Medium Duty (LMD) business in India, the company’s product offering and the several advantages offered by Eicher trucks....

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...

Barring very few tractor makers in the country, the remaining manufacturers recorded positive domestic sales for the month of January 2021 as compared to January 2020.

While a majority of Indian passenger car companies saw a fall in domestic car sales in January 2021 as compared to the corresponding period last year, a few companies like Tata Motors, Hyundai Motor India, Kia Motor...

In the commercial vehicle segment in the country, domestic sales of CVs fell drastically in the month of January 2021, as compared to January 2020. But Maruti Suzuki, the country’s largest car maker, surprisingly wa...

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 year 2021 seems to have not begun on a right note for the Indian automobile industry when it comes to domestic sales. After showing a one-time YoY growth in December, 2020, January 2021 registrations once again ...

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...

The demand and volumes of electric two wheelers (e-2Ws) have witnessed a very lackadaisical growth in recent years and despite the government’s thrust on adoption of electric vehicles (EV).

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...

Studds Accessories Ltd., the world’s largest manufacturer of two-wheeler helmets (in terms of volumes sold in a year), has commenced operations at its new, state-of-the-art manufacturing facility at Faridabad in Har...

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...

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...

Bajaj Auto, a leading Indian manufacturer of motorcycles and commercial three-wheelers, recorded a fall of (-) 55 per cent in sales in domestic sales of its two wheelers from 220213 in March 2019 to 98412 units in M...

Honda Motorcycle & Scooter India Pvt. Ltd. is among the very few auto majors that managed to buck the negative trend because of the covid-19 threat as it closed March 2020 with total sales of 2,61,699 units as again...

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...

TVS Motor Company registered sales of 144,739 units in March 2020 as against 325,323 units in March 2019.

Having successfully liquidated all its BS4 stocks even at the dealership level, TKM sold a total of 7023 units of BS6 vehicles to its dealers (wholesales) in the month of March 2020. To lessen the burden on its deal...

Honda Cars India Ltd. (HCIL) registered its annual domestic sales of 102,016 units during FY 2019 – 20. The company’s monthly sales stood at 3,697 units in March 2020. The company had sold 183,808 units during FY 18...

Kia Motors India, wholly-owned subsidiary of Kia Motors Corporation, sold 8,583 units for the month of March 2020. The company sold 7,466 units of Seltos and 1,117 units of Carnival during the month. While Kia Motor...

Royal Enfield posted sales (both domestic and exports) of 35,814 motorcycles in the month of March 2020, against the sales of 60,831 motorcycles for the same month last year, thereby registering a minus (-) 41 per c...

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...

MG Motor India announced that it has recorded a total retail sale of 1518 units in March 2020. This includes 116 units of ZS EV, the country’s first pure electric internet SUV, and 1402 units of the Hector.

Mahindra & Mahindra Ltd. (M&M Ltd.) sold a total of 3384 units of passenger vehicles in March 2020 (domestic as well as exports) as compared to 27,646 units in the corresponding period last year. This meant, the co...

The lockdown resulting from the pandemic coronavirus or covid-19 has begun to reflect in the sales of vehicles for auto companies in India. Maruti Suzuki India Limited sold 83,792 units in March 2020 as compared to ...

Fiat Chrysler Automobiles (FCA) together with Fiat India Automobiles Private Limited (FIAPL), FCA’s joint venture manufacturing facility in Ranjangaon, announced that it will work with the Government to temporarily ...

Kia Motors Corporation has announced details of ‘Plan S’, its mid- to long-term strategy aimed at progressively establishing a leadership position in the future automotive industry, encompassing electrification and ...

Volkswagen Group Components has presented a new and visionary charging concept which involves mobile robots that will charge electric vehicles completely autonomously in future. In short, every parking space can bec...