Auto Industry

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).

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...

Automotive supplier Mahle has developed the most durable electric motor available. The traction motor, which is unique on the market, can run indefinitely with high performance. A new cooling concept makes this tech...

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...

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...

LML Electric, a company owned and controlled by Yogesh Bhatia (the man behind Detel electric bikes) has announced a strategic partnership with New Delhi based Saera Electric Auto, a sister concern of Satra Group of ...

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 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...

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

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...

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.

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.

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...

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...

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...

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...

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.

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...

Grinntech, an investor-backed start-up specialising in Lithium-Ion batteries for EVs and energy storage systems, has unveiled a range of high-tech batteries with unique designs customised to Indian conditions along ...

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...

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...

The domestic automotive industry is likely to be negatively impacted due to the recent outbreak of coronavirus (COVID-19) across China and neighbouring countries in South-East Asia.

On completing 20 years in India, John Deere, a world leader...

Bosch, a leading supplier of technology and services, is boosting its beyond mobility business with smart solutions based on growing infrastructure and consumer demand.

Mahindra & Mahindra and Castrol India, a leading automotive and industrial lubricant manufacturing company in the country, announced the signing of a new strategic partnership agreement between the two companies. U...

Tremendous opportunities await the auto component industry in India on the back of the growing vehicle consumption in India on one hand and the introduction of next generation mobility on the other. ACES – Autonomou...

Auto and farm equipment major Mahindra & Mahindra has finally found its place in the sun after several years of perseverance and hard work, the last three years being significant ones that led to the company transfo...

Global auto ancillary major Precision Camshafts Ltd has announced its second acquisition with the taking over of German precision machinist MFT Motoren und Fahrzeugtechnik GmbH (MFT) through its wholly owned Duth su...

Mahindra & Mahindra Ltd. (M&M Ltd.) passenger utility vehicles, the mainstay of its passenger vehicles, suffered a negative growth in domestic market sales in December 2017, recording 14514 units as compared to 1595...

Kinetic Engineering Limited, part of the Kinetic Group of Companies headed by Arun Firodia which transformed its business from two-wheelers to auto component systems since 2009, has in a board meeting held on Decemb...

The International Tractors Ltd (ITL) plant of Sonalika Grou...

The Indian automotive aftermarket stood at Rs 56,098 crore (USD 8.4 billion) in 2016-17 with a total vehicle parc of 228.7 million across the country. The Indian automotive aftermarket is expected to reach Rs. 75,70...

Wabco Holdings Inc., a leading global supplier of technologies and services, has announced that it has extended its long-term agreement with Russian truck manufacturer Kamaz to supply a comprehensive range of advanc...

Mahindra & Mahindra Ltd (M&M Ltd)has launched Mahindra DiGiSENSE, a revolutionary technology solution that connects Mahindra vehicles, tractors, trucks and construction equipment to the cloud, opening up a whole new...

‘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 ...

For the first time in five years, “Make in India” lost some of its sheen in the Indian auto components industry as imports increased dramatically and exports recorded a negative growth. Exports recorded (-) 3.7pc gr...

Escorts Ltd., the global Agri Machinery and Construction Equipment manufacturer, has appointed Ravi A Menon as Chief Executive Officer of its Agri Machinery business. Menon takes over from S Sridhar who would now mo...

Toyota Kirloskar, Hyundai Motors India and Honda cornered a majority of the awards as J.D. Power recognised the highest-performing automotive companies in its 2015/ 2016 India customer satisfaction studies at an awa...

As has always been happening in the past, the Indian automotive industry has been left with no other choice, but to grin and bear it and pretend everything is hunky- dory. An additional 1 per cent tax will now be co...

The highlights for us this year is Lubistrands and oil detact. Coming to Lubistrands, we have developed a lubricant which defies gravity, defies stickiness, there is complete lubrication inside the engine, and thi...

We are basically into solutions for noise vibration and our efforts are into reducing the weight of the car, fir resistance products so that we are safe from accidents, etc. We have put up products pertaining to the...

In terms of product readiness, as I mentioned the light duty Visctronic, we have a complete product portfolio in thermal as well as the entire BorgWarner family which is supporting the OEMs to be successful in meeti...

Pricol Limited, a leading manufacturer of automotive components for the global market, has unveiled its new brand identity, a new logo that demonstrates the value and the commitment Pricol brings to its four signifi...

On October 6, 2015, Indian Prime Minister Narendra Modi and German Federal Chancellor Angela Merkel visited the facilities of Bosch in Bangalore. The visit is part of the chancellor’s three-day state visit to India,...

For the Rs 7,625 crore Kalyani group controlled by Baba Kalyani, ‘Make in India” has been a way of life. For long, this group which has business interests in the fields of automotive, energy, rail, marine, aerospace...

The Rs 50,000 crore Indian tyre industry today has a few reasons to smile and a few reasons to frown. On the one hand, after a lull in the industry while the demand for tyres in 2015-16 is seeing a growth coupled wi...

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...

The National Skill Development Corporation (NSDC) has stated in a report that by 2022, nearly 15 million (1.5 crore) people are expected to be employed in automobile sector directly in the industry. The report sugge...

Leading automobile manufacturer in India Mahindra & Mahindra will invest around Japanese Yen 3 billion (USD 25 million / Rs 159 crore approx.) for acquiring 33pc voting stake in Japan based Mitsubishi Heavy Industri...

Elofic Industries is the leading filter manufacturer in the country. The company manufactures filters for all vehicles like passenger cars, tractors, commercial vehicles, two-wheelers etc in its three production uni...

Automobile manufacturer Mahindra & Mahindra Ltd. has inaugurated its extended automotive manufacturing facility in Zaheerabad, Telangana. This facility was inaugurated by Chief Minister of Telangana K Chandrashekar ...

Interview with Harish Sheth, Chairman & Managing Director, Setco Automotive Ltd

The Electric Motor seems to have scored over the conventional internal combustion engine in the Union Budget 2015-16. And rightly so! The electrical vehicle industry has been bleeding profusely in the last few years...

Naresh Kumar Rattan who was working as Executive Director, Force Motors has taken over Director, Sales & Marketing, Sonalika Group. The Sonalika Group, controlled by LD Mittal manufactures tractors under the brand n...

Accident Research (AR) in general helps to identify key issues on traffic safety by analyzing in-depth accident data. Such data is collected in four locations in India currently (Status January, 2015). They are Coim...

Luman Automotive Systems, manufacturers of automotive lighting and electrical components as well as engine induction air filtration systems, has entered into a joint venture agreement with Hengst SE & Co.KG, a leadi...

Tata AutoComp Systems Limited (Tata AutoComp) and Katcon Global have signed a 50:50 Joint Venture agreement to provide exhaust systems and emission after-treatment systems

For Hoshiarpur-based Sonalika Group, a debt-free and cash surplus (Rs 1000 crore plus) company, controlled by the LD Mittal family of Punjab, there is a reason to smile and reasons to frown. The group’s tractor busi...

Credit rating agency ICRA has predicted that the sales in the Indian tractor industry are likely to abate in the current fiscal (FY15). It says that untimely rains in some parts of the country during the months of F...

Germany based automotive components major Continental has strengthened its systems competencies in the field of drivetrain technologies. The company intends to purchase the outstanding shares in Emitec Gesellschaft ...

Oerlikon Drive Systems, with its two brands Oerlikon Fairfield and Oerlikon Graziano, worldwide provider of complete drive systems, gearing solutions and transmission components, has celebrated Health, Safety and En...

Ms. Mallika Srinivasan, Chairman & CEO of TAFE Group was conferred the Padma Shri by the Government of India for her contribution to Trade & Industry. Ms. Srinivasan received the award from President Pranab Mukherj...

We have taken initiative into cost reduction through waste elimination, productivity improvement and optimum utilisation of resources. We have made a work culture where Kaizen, TPM and reduce cost of quality is the ...

Hoshiarpur (Punjab) based Sonalika group International Tractors Ltd (ITL) is contemplating on establishing two more assembly plants in Africa, riding back on the success of exporting 6,000 units in that region. Acco...

Leading Indian tractor manufacturer Tractors and Farm Equipment Limited (TAFE) group bagged 10 awards at the PRCI – 8th Global Communication Conclave held at Mumbai on February 14 and 15, 2014. The Public Relations ...

The Chairperson of the Chennai-based Tractors and Farm Equipment limited (TAFE) Ms Mallika Srinivasan has been chosen for the Padma Shri award by the Government of India. Mallika is the wife of Venu Srinivasan, who ...

The infrastructure here in India is definitely not on par with developed countries like Europe or United States. The country’s infrastructure needs a further enhancement. However, what I can see a lot was done in th...

The dealers’ margins in India are miserably low. The current slowdown, which is happening for 18 months, has aggravated the existing problems faced by automobile dealers. The problem is that automobile dealers canno...

Tenneco Inc has inaugurated a new manufacturing facility in Chakan near Pune, India. The 13,000 sqm

Unlike cosmetics or garments, the battery industry is a wee bit conservative in popularising its products. This is because our customers make are not making a pleasure-seeking purchase, but a harassment one. So we h...

In the next five years, we should be looking at revenue of close to 150 crore. By that time, we will be able to ramp up our headcount to over 400. Within a distance of 7km from iCAT, we will be establishing another...

Interview with Sameer Malhotra, CEO of Shriram Automall India Ltd. (SAMIL)

With engineering as its forte, the Nandas of Escorts Ltd have embarked upon an ambitious drive to consolidate its position on the Indian corporate firmament.In an exclusive and extensive interview with Motown India ...

Interview with Glenville da Silva, President, ICEMA & Vice President of Business Development, Asia, Volvo Construction Equipment (Volvo CE)

Whether it is Tafe or Mahindra or any other company, what we are really trying to uncover is the unspoken nature of the farmer where they may have a small acreage. And they will do what we call as ‘very low tillage’...

Mahindra & Mahindra has announced its new brand association with Telugu superstar Mahesh Babu in And

Interview with Vikram Malhotra, Vice President, Marketing & Sales, JK Tyre & Industries Limited

Mahindra & Mahindra Ltd., the country’s leading utility vehicle manufacturer and a part of the US$ 1

Keshub Mahindra, Chairman of Mahindra & Mahindra Ltd., advised the Board of his intention to retire

Interview with Sumit Arora, Research Director—Automotive, Ipsos Marketing

Ashok Leyland, the Hinduja Group flagship is showcasing a suite of logistics solutions customised fo

If you look at hybrid and zero-emission vehicles, the cost equation is not there as compared to conventional vehicles. To be more precise, the value proposition is not there in such non-polluting vehicles. So if I p...

International Tractors Limited has recorded its all time high sales figure of 5550 tractors

TomTom has announced that it is strengthening its presence in India

The Rs. 5,000 crore Sonalika Group has expanded in Myanmar

We are obviously very large in the backhoe segment. Our heavyline manufacturing plant was set up in 2006-07. So if you look at it from that perspective, we are growing year-on-year and have expanded our product rang...

Sonalika Group rolls out RX tractors

Tenneco is also looking at big growth in the next 5 years. And that growth is essentially coming a lot from our emissions business which because of the fact that emission standards are being tightened and broadened ...

Auto aftermarket in India valued at Rs 33000 crore

Deere & Company will increase its capacity to build agricultural tractors in India

Michelin opens its 1stMTSC in Punjab for truckers

International Tractors Limited has decided to invest Rs 100 cr to maximise its production capacity

On the operations front we are an independent company. Having said that, our synergies exist with other Fiat companies. We keep on discussing our strategies with regards to a particular supplier.

Maini Materials Movement Pvt Ltd has announced a strategic agreement with Nacco Material

The major share of revenues within the Sonalika group comes from the tractor business. Which contributes as much as 85 to 90 per cent. We have a common plant for engine and transmissions. A lot of body parts are bei...

MUMBAI: Gulf Oil Corporation Ltd; has launched “Gulf UTTF, Universal Tractor Transmission Fluid” a h

MUMBAI: Gulf Oil Corporation Ltd; has launched “Gulf UTTF, Universal Tractor Transmission Fluid” a h

CHENNAI: The Hinduja Group flagship firm, Ashok Leyland Limited, has announced sale of vehicles on t