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.

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 ...

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...

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...

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...

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...

Mahindra & Mahindra (M&M Ltd.), one of India’s leading automotive companies, has announced that their investment of Rs. 10,000 crore for electric vehicles has been approved under the Maharashtra Government’s industr...

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...

After two-year hiatus owing to the pandemic, the Automotive Skills Development Council (ASDC), India's first sector skill council for automobile industry successfully organised skill-oriented brainstorming ASDC’s Pa...

Indian global automotive components manufacturer Advik Hi-Tech Private Limited”) has announced that it has signed a Joint Venture (JV) with Australian clean energy Company Pure Hydrogen Corporation Limited.

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...

In fields inadvertently dominated by men, including the automotive industry, it has been argued that the sheer nature of science involved has kept women on the sidelines for ages

Hero Electric has partnered with ReadyAssist, a leading 24/7 roadside assistance company for training and upskilling 20,000 mechanics for servicing EVs under its Private Garage Owners (PGO) initiative. With the risi...

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 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

C4V, the U.S based technology provider, announced that it has secured a contract from India based electric vehicle manufacturer Omega Seiki Mobility to supply next generation high performance Lithium-Ion Batteries f...

Auto component manufacturers Anand Group of India and South Korea based Mando Corporation have announced the setting up of a new joint venture company called Anand Mando eMobility Private Limited for manufacturing a...

Hero Electric Vehicles has announced the first part of their Series B funding of Rs.220 crore. Gulf Islamic Investments (GII) led the round along with participation from OAKS.

The electric vehicle industry has welcomed the Indian Government's move to increase subsidy to electric bikes and scooters by 50%, subject to those that meet the Faster Adoption and Manufacturing of Hybrid and Elect...

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...

Motown India speaks to Woosuk Leem, Managing Director, AS Parts Division, Mobis India to get more details about the Hyundai Mobility Membership App and its advantages.

Omega Seiki Pvt. Ltd., part of Anglian Omega Group of companies, announced that it will be bringing advanced chemistry cells to India in association with New York based companyC4V.C4V plans to become the first lithi...

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...

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 ...

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).

Tata Motors Ltd (TML) has spun off its passenger vehicles (PV) as well as its electrical vehicle (EV) business into a separate subsidiary. The TML Board has approved a plan to make the company’s PV as well as EV bus...

Post its India debut, Great Wall Motor (GWM) is expanding its global footprint by signing an agreement for the purchase of General Motors’ manufacturing facility in Rayong, Thailand. This announcement is subject to ...

Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s Auto Component manufacturing industry, signed a Memorandum of Understanding (MOU) with BFZ, the Training and Develop...

You may have seen these star rating labels on products like air conditioners and refrigerators which basically emphasises the power saving efficiency of the products. Similar star rating labels are soon to be introd...

The Federation of Automobile Dealers Association (FADA) has through its counsel Khaitan & Co, issued a legal notice to UM Lohia and its management, asking them to redress all grievances of dealers relating to the lo...

Maruti Suzuki India Limited announced that it has received enthusiastic response from its customers for the BS6 range of vehicles.TheBS6 models offered by the company currently constitute around 70% of the total pet...

Very soon, traffic violations will invite huge penalties for motorists in India as the Motor Vehicles (Amendment) Bill, 2019 was passed by Rajya Sabha.

KSL Cleantech Limited (formerly known as Kirti Solar Limted) has entered into a Joint Venture (JV) with the China’s Huaihai Holding Group, one of the largest companies in the field of electric mini vehicles.

The government has announced the reduction of Goods and Services Tax (GST) rate on all electric vehicles from 12% to 5%. The GST rate on charger or charging stations for Electric vehicles is also reduced from 18% to...

The Automotive Component Manufacturers Association of India (ACMA), the apex body of the Auto Component Industry in India, along with Society of Indian Automobile Manufacturers (SIAM) and Indian Electrical & Electro...

The Union cabinet chaired by Prime Minister Narendra Modi approved the proposal for implementation of scheme titled 'Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II)' fo...

At the Asia LPG Summit held in New Delhi, representatives from the industry discussed possibilities for the use of liquified natural gas (LPG) not only as a cooking fuel but also one that fuels automobiles. Several ...

We are the first ones to build an automotive design studio outside the OEMs. We launched the studio in 2010. It has been a one-of-a-kind studio in India which has a clay modeling facility, and has a facility to make...

Mahindra & Mahindra Ltd (M&M Ltd) has announced the introduction of leasing for retail buyers, a unique ownership experience for customers of its personal range of vehicles. This offering has been designed at a mont...

The Innovision cockpit in the new Touareg – an interactive digital landscape consisting of display and control elements – is the blueprint for the cockpit of the future. A head-up display lends the perfect finishing...

Toyota Kirloskar Motor has further extended the benefits of its special initiative for government employees - “Drive the Nation” to its MPV Innova Crysta in the new year. So far applicable on the Etios series and Co...

Mahindra & Mahindra Ltd. (M&M Ltd.) has announced an industry first initiative in the automotive retail space with the launch of its ‘Bring the Showroom Home’, a portable, mobile based, interactive Virtual Reality e...

Maruti Suzuki India Limited has announced that its Smart Hybrid vehicles – Ciaz SHVS and Ertiga SHVS – have crossed cumulative sales of 100,000 units in February 2017. This marks the success of Maruti Suzuki’s effor...

Interview with Ayush Lohia, CEO, Lohia Auto Industries Limited

Based upon the theme of ‘Building the Nation, Responsibly’, the Society of Indian Automobile Manufacturers (SIAM) held its 56th Annual Convention. Union Minister of Heavy Industries and Public Enterprises Anant G Ge...

Interview with Sohinder Gill, CEO, Hero Electric & Director-Corporate Affairs, Society of Manufacturers of Electric Vehicles

Interview with Claude d’Gama Rose, Managing Director, Continental Automotive Components India

Providing further stimulus to its domestic growth, Honda Motorcycle & Scooter India Pvt. Ltd. has signed a Memorandum of Understanding with IndusInd Bank, offering retail finance to its customers at an attractive ra...

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...

Members of Parliament have in the past travelled to the august House on their cycles, scooters, auto rickshaws, horse carts, fancy cars and what not to grab the attention of the media. But for the first time, a Mini...

Driver assistance systems are playing an increasingly greater role when it comes to purchasing a car. The importance of lane assist and automatic emergency braking systems in particular has grown significantly. Acco...

Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) has started the festive season with a bang. The company recorded a new high by crossing 50,000 units sales mark in single day backed by auspicious buying on Ganesh C...

Varroc has probably the most diverse portfolio of products for the two wheeler industry ranging from plastics to electrical, electronics and metallic products for powertrains. We even make catalytic converters. We a...

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...

Maruti Suzuki India Ltd. (MSIL) has launched NEXA, a premium sales channel in India for its premium product portfolio. Maruti Suzuki has 300 dealers who operate 1650 outlets and 3000 sub outlets. The company has ...

Triumph Motorcycles India, a subsidiary of UK based Triumph Motorcycles has every reason to be excited about its debut in India. For a superbike manufacturer, selling 1326 units in fiscal 2014-15 has come as a pleas...

Hero Electric is part of the Naveen Munjal controlled Hero Eco Group which makes electric two wheelers. Based in Ludhiana, the Hero Electric plant can make 200 vehicles a day. Munjal started his company around 1999-...

The government has formally launched a scheme that provides direct subsidies to the consumer for buying such vehicles ranging from Rs 1800 to Rs 29,000 for two wheelers and Rs 13,000 to Rs 1.38 lakh for cars. A c...

It cannot get any more cheaper and affordable, because it now costs only Rs 19 to hire a car for an hour. And you can hire for an hour, for a day or for a week, and the bill would be very low. Zoomcar, India’s first...

Finance Minister Arun Jaitley presented the General Budget for the year 2015-16 in Lok Sabha on February 28, 2015.

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...

The Finance Ministry, Government of India, has approved an interim National Electric Mobility Mission Plan (NEMMP) 2020 which would set aside Rs 1000 crore towards supporting the electric vehicle industry in the cou...

Terex is a US based company which operates through five verticals and one of the verticals is Terex Construction and that is where our company belongs. We are based out of Greater Noida and what we manufacture here ...

In the aftermath of the alleged rape of a girl by a Uber taxi driver early December 2014, the Association of Radio Taxis, representing all the licensed radio taxi operators across India, has categorically stated tha...

Hats off to companies like Mahindra Reva and Hero Electric for pursuing their dreams to bring about a greener world and encourage the use of electric vehicles in India. Because the government has now admitted that i...

The concept is unique, because non linear Ropeway travelling over existing road routes in urban cities, would be the first in the world, and therefore, could be called revolutionary, as it would constitute a 2nd tie...

The sluggish macro-economic factors during the last three years have led to a significant slowdown, which is amongst the worst that the Indian automotive industry has witnessed. This has impacted the pace of growth ...

A lot was expected from Finance Minister Arun Jaitley for the automotive sector but none of that figured in the Union Budget 2014-15 announced on July 10, 2014. The Budget focussed on infrastructure and simplificati...

Honda recently announced record sales of its cars in the Asian region. The Group that makes cars and SUVs for the global market, is now literally flying high. Honda Aircraft Company has announced that the first pro...

Honda Aircraft Company has announced several achievements and milestones in the development of the HondaJet during a press conference at the European Business Aviation Convention and Exhibition (EBACE) in Geneva, Sw...

The Bharatiya Janata Party (BJP) has won 283 seats in the Lok Sabha. The Congress party, till recently the ruling party at the Centre came a very distant second with a mere 43 seats. With Narender Modi soon to take ...

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...

Dutch supercar maker Spyker N.V may have delayed its plans to enter India but has in the meantime introduced first-of-its-kind investment opportunity to support launch of its Spyker B6 Venator. The company has creat...

Collaboration has always been our DNA and we firmly believe in our science-based solutions to truly make a difference. We make one of the advanced polymers which will be able to replace metals in the automobile to m...

Our association with Ferrari is over 60 years old. And there are a number of benefits that we derive out of it. Formula One is all about raw speed, power, engine performance, etc. It is not only the question of heat...

Interview with Vinnie Mehta, Executive Director, Automotive Component Manufacturers Association of India (ACMA)

Hindustan Motors Limited (HML) has decided to demerge and transfer its Chennai Car Plant (CCP) as a

Interview with Sugato Sen, Deputy Director General, Society of Indian Automobile Manufacturers (SIAM)

The mass segment bike will keep evolving. If you can recollect, a couple of years back, the mass segment bike was more of a Rs. 30,000 kind of a product. Today, it is worth Rs. 40,000. Going forward, it might be equ...

Ashok Leyland launches placement scheme

Interview with Sudeep Narayan, Marketing & PR Director, Volvo Auto India Pvt. Ltd.

A two-wheeler is a ‘product of need’ rather than a ‘desire’ for the common man. There is lot to be done to improve the state of public transport infrastructure & as a basic necessity to commute from point A to poin...

Ford India has announced it has completed the expansion of its engine plant, increasing annual engin

BharatBenz Power Yatra, flagged off by Daimler India Commercial Vehicles (DICV)

The word ‘high-end’ in India is a bit misleading. In India, anything over 10,000 is considered a high-end product. And will this segment keep on increasing? Absolutely, there is no way it can’t because the kids are ...

Tata Motors has launched the Tata Divo, a luxurious long distance inter-city travel bus and the Tata

Maruti Suzuki India Limited has won the prestigious National Safety Award for the year 2009

Tata AutoComp Systems Limited (Tata AutoComp), one of India’s leading automotive components

Suzuki Motor Corporation has announced that its board of directors has officially determined the

ACMA, the apex body representing India’s Auto Component manufacturing industry, has announced

Hyundai Motor India Foundation launches CSR 2011

Escorts Limited, a leading manufacturer of auto suspension products, has launched a range of engine

Bajaj Auto and SBI tie up to provide inventory finance to dealers

When we entered India in 1994, we had to do so with a local partner as per the then prevailing automotive policy. The automatic approval route only came about in 2002. So when we came into India we tied up with Hind...

We were the first to bring the hybrid technology into the country when we launched the Honda Civic hybrid in 2008. Our learning from that was the civic hybrid generated huge interests in the market. There was a huge...

He is well past his 60 years of age but is as agile as a young man in his twenties, brimming with ideas and enthusiasm. Jagdish Khattar, Chairman and Managing Director of Carnation is just back from a lunch meeting ...

Tata Motors Finance (TMF) has launched a special Tata Nano finance scheme