Auto Industry

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 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.

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.

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...

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).

Society of Indian Automobile Manufacturers (SIAM), the apex automobile industry body, organised its 62nd Annual Convention at New Delhi. Prime Minister of India Narendra Modi in his message highlighted the significa...

Nalin Jain has been named as the Executive Director - Finance and IT of Skoda Auto Volkswagen India Private Limited (SAVWIPL). He succeeds Martin Mahlke who successfully steered the financial strategy for the Group’...

Volvo Group is committed to becoming a climate neutral company by 2040 and this includes its supply chain and global suppliers from India. As a key milestone in this journey, Volvo Group in India launched the first ...

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...

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 ...

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...

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...

Automotive Skills Development Council (ASDC), the first Sector Skill Council of India, has announced the appointment of their new president Vinod Aggarwal during the ASDC Annual Conclave 2021.

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...

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...

Jaya Hind Industries Private Limited, a Dr. Abhay Firodia group company, which has had a 12 year-long successful technical tie-up with KS Huayu Alutech GmbH (KSATAG) announced that the agreement for the manufacture ...

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....

Volvo Cars India has announced that Jyoti Malhotra has been appointed as Managing Director of the company. Forty nine year old Jyoti Malhotra will be the first Indian to head Volov Cars in India. Jyoti, currently se...

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...

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...

With social distancing the norm of the day during the prevailing covid-19 pandemic, Luxury Ride, a growing chain of pre-owned luxury cars, announced that it is expecting as much as 60% of all its revenues to come fr...

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...

The global auto industry is in a recession, while the Indian auto industry has been bombarded with woes of its own. And to make matters worse for everybody, the coronavirus fears have now forced several companies to...

Society of Indian Automobile Manufacturers (SIAM) welcomed the government’s decision to reduce the GST rate on electric vehicles from the present 12% to 5%.

The Eicher Pro 2049 and the Pro 2095XP are the latest of th...

The Eicher Pro 2049 and the Pro 2095XP are the latest of th...

While the month of May 2019 registered an 18-year low in terms of domestic sales for passenger vehicles (PV), the disturbing factor is that each and every of the 17 PV player recorded a negative growth. Such is the ...

Society of Indian Automobile Manufacturers (SIAM) in association with the Competition Commission of India (CCI) and Automotive Component Manufacturers Association of India (ACMA), organised a workshop on competition...

Now this is an award that needs to be cherished and respected. Volvo Cars has been recognised by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as a ...

Volvo Cars sets a new global sales record in 2018, breaking the 600,000 sales milestone for the first time ever since the company was founded in 1927. The company’s sales rose 12.4 per cent to 642,253 cars in 2018, ...

Volvo Construction Equipment put an impressive display at t...

Sundaram-Clayton Ltd. (SCL), a member of the TVS Group, inaugurated its new foundry at Oragadam, near Chennai, in Tamil Nadu. The new facility was inaugurated by Young Key Koo, Managing Director and CEO of Hyundai M...

Ananth G Geete, Minister of Heavy Industry & Public Sector Enterprises assured the Indian auto industry that his ministry would take them along to adopt electric mobility. He told the automotive industry that promot...

The Society of Indian Automobile Manufacturers (SIAM), an industry body representing India’s automobile sector, held its 58th Annual Convention titled “Building the Nation, Responsibly”. During the convention, th...

Volvo Cars revealed the new S60 mid-size premium sports sedan at the company’s first US manufacturing plant in Charleston, South Carolina. The new Charleston plant has now been officially inaugurated. The combined c...

Volvo Cars, the premium car maker, has completed the first strategic investment via its newly-founded investment fund by taking a stake in Luminar, a leading start-up in the development of advanced sensor technology...

Volvo Cars, the premium car maker, has announced new financial and operational ambitions that will position the company as a leading player in the global automotive business by the middle of the next decade.

Sweden based Volvo Cars, the premium car maker, has received almost 80,000 orders for the new award-winning XC40 small SUV and is expanding production in Europe and China in order to meet demand.

After acquiring the Italian design house Pinifarina sometime back, Mahindra & Mahindra has announced the launch of Automobili Pininfarina, the world’s newest sustainable luxury car brand. Automobili Pininfarina will...

A year after disposing of the Sona Group’s entire equity holding of around 25.12 per cent in its then flagship company Sono Koyo Steering Systems for around Rs 419 crore to its Japanese partner JTEKT Corp., the refr...

Swedish luxury car company, Volvo Cars, announced a robust 28 per cent annual growth in volumes, ending the calendar year 2017 with highest ever 2029 retails. The sturdy sales performance comes on the back of a grea...

India is shortly going to implement Methanol 15% blending programme with petrol and the cost of petrol is expected to come down immediately by 10% and M100 programme for buses and trucks is also to be implemented sh...

German Mirror Lubricants & Greases, a leading global manufacturer of premium quality lubricants and greases have launched ‘Mirr Oils’ - range of lubricants catering to needs of automotive, marine and industrial appl...

A total of 2,162,164 units of vehicles that included passenger vehicles, commercial vehicles, three-wheelers and two-wheelers were sold in the country and 314,397 units exported.

Here are some interesting facts about the Indian automotive industry in terms of domestic sales and exports. These figures have been culled out from the production, sales and exports figures for the month of Septemb...

Immediately after a news agency reported that Income Tax officials had raided the premises of SK Arya controlled US $ 1.2 billion JBM Group (Jai Bharat Maruti) and had recovered around Rs 7 crore cash and three kilo...

Volvo Cars has appointed Charles Frump as the new Managing Director to head its India operations. He assumed the new role and office from October 3, 2017 onwards. His predecessor Tom von Bonsdorff completed his tenu...

Tom von Bonsdorff, Managing Director, Volvo Auto India has completed his tenure in India and has decided to pursue a new assignment within the Volvo Group in his home country Finland. Volvo Auto India will soon make...

Volvo Cars is planning to set up a new joint venture technology company with Geely Holding, the Chinese car group, to share existing and future technology, deepen industrial synergies and provide the economies of sc...

Sona BLW Precision Forgings Limited (SBPFL), part of the USD 500-million Sona Group, is augmenting its operations in Hungary. Besides this facility in Hungary, Sona BLW is present across two more locations globally ...

Premium car maker Volvo Cars will start vehicle assembly operations in Hoskote, near Bengaluru in the Indian state of Karnataka in 2017. Volvo Cars has established a company in India by the name of Volvo Auto India ...

Amit Ramani, Founder & Editor, Awfis Space Solutions, in an interview with P.Tharyan, Editor Motown India, talks about his project Awfis which is basically an office on wheels or a mobile office, Ramani is keen ...

It's not every other day that you get to drive a luxury bus...

Roy P Tharyan of Motown India meets up with VRV Sriprasad of Volvo Buses and discusses with him his company's progress in India and the acceptance of Volvo luxury buses in India.

With an aim to reduce increasing risk to small children and pedestrians from reversing or rolling back motor vehicles , the government will soon make rear view sensors or backup camera’s mandatory on all new vehicl...

Swedish luxury car brand Volvo Cars has announced three new senior management team appointments in India. In the new organisational structure, Nalin Jain takes up the position of Chief Financial Officer while Jyoti...

Volvo Cars and Uber are to join forces to develop next generation autonomous driving cars. The two companies have signed an agreement to establish a joint project that will develop new base vehicles that will be abl...

‘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 ...

Volvo Auto India has announced the start of pre-bookings of its soon-to-be-launched premium luxury sedan, Volvo S90 in India. The new S90 marks the beginning of a new chapter in Volvo’s history, capturing its future...

In the bad old days, two words were often considered taboo – Sex and Luxury. In a conservative India, talking about sex was a big “No”. Equally, in a socialist driven economy, the term “Luxury” was pure blasphemy. B...

APM Terminals Inland Services, South Asia has signed an exclusive agreement with Gothenburg, Sweden-based Volvo Cars to provide a dedicated, specialised warehouse facility in Chennai. The customised warehouse will p...

It’s now been 40 years since Bosch lambda sensors have been controlling exhaust in vehicles. Bosch parts range provides lambda sensors in original-equipment quality for almost any vehicle. Basically, Lambda sensors ...

Volvo Cars, the premium car maker, has announced it is seeking to raise Euros 500m (Rs 3798 crore) from a bond issue, its first foray into the global corporate bond markets in its 89 year history. The Swedish compan...

Unmindful of the repercussions that it could have on the investment climate of the country, the Supreme Court on December 16, 2015 has put a blanket ban on sale of all diesel vehicles in Delhi that have an engine ca...

The National Green Tribunal (NGT is going hammer and tongs against diesel vehicles and has called for their ban in Delhi, but in the meantime, the Supreme Court on December 15, 2016 said it was considering a ban on ...

Leading SUV manufacturer in India, Mahindra & Mahindra will be the worst hit by the recent ban on diesel vehicles in the capital city of Delhi from December 11, 2015 to January 6, 2016 as ordered by the National Gre...

The International Centre for Automotive Technology (ICAT) organised a two days event, International Symposium on Lighting (ISOL) for the automotive fraternity across the globe on November 23 and 24, 2015 at Epicent...

In its ongoing efforts to create awareness on creating sustainable eco system, Volvo cars organised a panel discussion in the Capital to deliberate on the ills of air pollution and make recommendations for sustainab...

Volvo Cars has become the first premium car maker to purchase the world’s most advanced Vi-Grade chassis simulator – the same equipment used by Ferrari and Porsche – to develop next generation Volvos. The simulato...

GKN has developed new electric "torque-vectoring" axle technology that will make next generation hybrid vehicles more dynamic. The technology will help hybrids compete successfully against conventional powertrains o...

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...

With Volvo coming in these were the key things that changed. We bought in rear engines, brought in bus chassis, and we brought in a complete bus concept. The effect of that was very positive in the initial years esp...

Volvo Cars has taken control of its three joint venture operations in China for SEK2.2bn in order to more accurately reflect its growing presence in the world’s largest car market. Volvo Cars now owns 50 per cent of...

Interview with Akash Passey and Suresh Chettiar. Interviewer P.Tharyan, Editor, Motown India magazine. Video by Mohd Nasir. Mr Passey and Mr Chettiar talk about the journey of Volvo Buses India. The company is in to...

Your ten your old diesel vehicle, whether it is a BMW, Audi, Mercedes-Benz or a Maruti Suzuki or Hyundai car, could fetch you a financial incentive of maybe up to Rs 30,000 in case you are staying in the National Ca...

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...

Karnataka is India’s eighth largest State in terms of area and 9th largest State in terms of population. Some of the prominent cities in the state are Bengaluru, Mysore, Mangalore, Belgaum, Gulbarga, Hubli-Dharwad,...

There is this simple formula which is not only dominant but also respected among automobile engineers. The formula says that “Less friction + less weight = less fuel consumption” which in turn also means fewer CO2 e...

Jari Kohonen, Vice President Asia-Pacific, Volvo Cars Group has announced that Tom von Bonsdorff has taken up the position as Managing Director, Volvo Auto India effective June 1, 2015. Tom von Bonsdorff has been...

What have we got for you in our April 2015 Issue of Motown India? Well, for starters, we take a look at all the cars and bikes launched in the month of March which includes the Range Rover Evoque which will now be m...

The braking systems, including the Anti-Lock Braking Systems that will be mandated by the Indian government by the end of this year will be a major contributor to road safety, says Wabco chief

How many times in the past can you think of your car wiper dong a shoddy work of its wiping? How many times have you seen the water being squirted everywhere else but your windscreen? All those were a result of bad ...

Having achieved the best ever sales of over 300,000 units for 2014, Royal Enfield, a division of Eicher Motors Ltd (EML) is planning to manufacture 450,000 units in 2015 with a view to becoming a leader in the glob...

Breakthrough Management Group International (BMGI), a global consulting firm, has come out with a white paper on “Demystifying pricing in Passenger Vehicle Industry- Scientific way to stay ahead of curve”. This pap...

Controlled Power Technologies (CPT), a major sponsor of the recent 48V hybrid vehicle conference in Germany, together with leading car makers and tier 1 suppliers, discussed the need for an internationally agreed 48...

Delhi based MapmyIndia has launched India’s first complete connected car infotainment system. This high quality package synergises the front and rear-seat systems. The Android variant has been priced at priced at Rs...

Volvo has introduced a 2.0L four cylinder Drive-E Powertrain petrol engine with triple boost technology which is a concept. So what you ask? If it’s put into production, the engine from Volvo will be the most powerf...

The Volvo XC60, Volvo Car Group’s best-selling model since 2009, passed the 500,000 units sold mark in April 2014. It has taken the model only little over half a decade to reach this milestone. The model, which ha...

Mark Fields, the new bossman at Ford Motor Company is an extremely experienced man who has in the past has transformed several of Ford’s operations around the world into much stronger businesses during his 25 years ...

Oil pans fitted in the 12.8 litre Euro 6 engines for the Mercedes Actros from Daimler are up to 120 cm long, 40 cm wide and 35 cm deep. To date, they are the largest engine oil pans for trucks to be made of polyamid...

This one’s truly motivating---a company establishing its own university for its employees to hone their skills further. Volvo Group University in Ardenal in Gothenburg has opened its doors as the centre of further e...

Volvo Penta, a member of the Volvo group and a global leader in the off-road and powergen engine business, has announced the launch of two new CPCB Stage II power generation engines. The engines will be launched in ...

Manufacturers of Volvo cars are now finally out of the woods. The Volvo Car Group reported a full-year operating profit of 1,919 million Swedish Kroner (MSEK) (Approx. Rs 1825 crore ) for 2013 and will stay in the ...

Leading automotive and commercial vehicle interiors supplier, International Automotive Components (IAC), has opened two new facilities in Manesar (Haryana) and Pune (Maharashtra. IAC India is part of Luxembourg b...

India’s leading bearing manufacturer ARB Bearings Limited launched Double Row Taper Roller wheel hub bearing for new generation Heavy Trucks and Trailers including those for Volvo Buses at the 12th Auto Expo 2014 Co...

Every year the quality level steps up a notch in every program. For us it is not much of a challenge because being a global player we have already designed to those levels. Even if sometimes an OEM does not ask for ...

It is true that the automotive industry has been cyclical and ideally it is best not to forecast anything (growth) at this moment. So a firm has to be very agile and flexible in order to take on these cyclical effec...

Chinese government authorities have approved Volvo Car Group's (Volvo Cars) establishment of manufac

I would candidly say that the automotive aftermarket is the major thrust area for us. As compared to the direct market, not only does the aftermarket have a higher consumption capacity but we get multiple channels o...

Commemorating successful completion of five years of partnership between Volvo Group and Eicher Moto