Auto Industry

Vector Consulting Group, India's fastest-growing management consulting company, unveils an in-depth research-based report on the Indian auto manufacturing 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.

In the year 2023 that marked the 60th anniversary of its foundation, Automobili Lamborghini set a record that will live in the company's history. For the first time, the House of Sant'Agata Bolognese delivered more ...

Hyundai Motor India Limited (HMIL), announced Rs 6 180 crore investment plans in the state of Tamil Nadu (this includes Rs 180 crore towards a dedicated ‘Hydrogen Valley Innovation Hub,’ in association with IIT- Mad...

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 ...

Skoda Auto Volkswagen India Private Limited (SAVWIPL), has achieved the 600,000 export milestone for cars produced at its manufacturing facility in Chakan, Pune.

The Society of Indian Automobile Manufacturers (SIAM), the apex body of the automobile industry, has launched the "Road Safety Education & Awareness Programme" exclusively designed for school students across the cou...

The year 2022 saw Automobili Lamborghini break records with best sales figures ever. The company delivered 9,233 cars worldwide, an increase of 10% over the previous year.

The Indian State of Maharashtra announced a strategic energy partnership with Gogoro Inc. and Belrise Industries (erstwhile known as Badve Engineering Ltd) to establish an unprecedented battery-swapping infrastructu...

The Indian State of Maharashtra announced a strategic energy partnership with Gogoro Inc. and Belrise Industries (erstwhile known as Badve Engineering Ltd) to establish an unprecedented battery-swapping infrastructu...

Sona BLW Precision Forgings Ltd. (Sona Comstar), one of the leading global providers of automotive technology solutions, has signed an agreement to acquire a 54% equity stake in Novelic, a Serbia-based company found...

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 ...

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.

Valeo and Mobileye celebrated the production of Valeo’s 10 millionth front camera system containing Mobileye technology, at Valeo's site in Wemding in Germany (Bavaria).

Kalyani Powertrain Limited (KPTL), a wholly owned subsidiary of Bharat Forge Ltd., is all set to drive the company’s vision for sustainable development, by investing in cutting-edge technologies. KPTL was founded i...

Delta, a global leader in power and thermal management solutions, has emerged as a major player in the e-mobility sector worldwide. Over the last few years, as one of the prominent leaders in EV (electric vehicles) ...

Delta, a global leader in power and thermal management solutions, announced it has cumulatively delivered over 6,000 electric vehicle (EV) chargers to customers in India, a substantial milestone to foster the countr...

Porsche India recorded a 118 per cent sales growth for the first half of 2022 compared to last year with 378 new car deliveries. Overcoming continual challenges that impact the automotive industry worldwide, Porsche...

Vitesco Technologies India Pvt Ltd, part of the Euros 8.3 billion Vitesco Technologies Group based in Regensburg, Germany and a leading international manufacturer of modern drive technologies and electrification sol...

By early 2023, the BMW Group will have a digital scan of every one of its vehicle plants worldwide. In this way, the company is systematically merging the real and virtual worlds and tapping into the enormous potent...

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.

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...

Tyre major Bridgestone India has inaugurated a first-of-its-kind Mobility Solutions Institute in India. Through this state-of-the-art facility, the company aims to enable their various stakeholders, employees, deale...

Major automotive shows like the Auto Expo-The Motor Show, Auto Expo- The Components Show and the ACMA Automechanika will now be coming back to life after a couple of years disruption caused by the covid-19 pandemic...

Neelanjan Banerjee will be taking over as the new Global Head of the Business Unit Lubricants Additives at Lanxess Corporation, USA effective July 1, 2022 after a brief work-in period.

Renault Group, Valeo and Valeo Siemens eAutomotive announced that they have signed a memorandum of understanding to form a strategic partnership for the design, co-development and manufacture in France of a new-gene...

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...

Leading global automotive supplier, Marelli, announced that following almost four years with the Company, Beda Bolzenius will stand down as CEO and President and he will be succeeded by David Slump, a 30-year indust...

The India e-bike market was valued at USD 1.02 million in 2020, and it is expected to reach USD 30 million by 2026.

Napino Auto & Electronics Ltd, a leading automotive component designing & manufacturing company, has announced partnership with Kerdea Technologies Inc. a US based company with proprietary O2 Sensor (resistive techn...

France based Valeo has announced that the new Mercedes-Benz S-Class, capable of reaching Level 3 automation, is the first car in the world to be equipped with its LiDAR, the second-generation Valeo Scala.

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...

TomTom (TOM2), the geo location technology specialist, announced the opening of its new office space in Pune, Maharashtra. Spread over 100,000 square feet, the state-of-the-art facility can accommodate up to 1000 em...

Samvardhana Motherson Automotive Systems Group BV (SMRPBV), (a Motherson Group company), has signed an MOU with Marelli Automotive Lighting to explore a new technological partnership focused on smart illuminated ext...

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...

Automobile major Tata Motors has rolled out the10,000th unit of the all new Safari from its manufacturing facility in Pune. Despite all restrictions, after the 100th rollout in February 2021, the last 9,900 units o...

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.

Leading automotive and industrial supplier Schaeffler is the official “Series and Innovation Partner” to the DTM racing series and will bring the steer-by-wire technology Space Drive to the starting grid in three DT...

Varroc Engineering Limited (Varroc), a global Tier-1 auto component manufacturer, has signed a Memorandum of Understanding (MoU) with Candera GmbH for a strategic association to integrate the Human Machine Interface...

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...

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 ...

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...

Dassault Systèmes, a large software company headquartered in France, has launched Solidworks 2021, the latest release of its portfolio of 3D design and engineering applications.

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...

Benelli, a leading worldwide manufacturer of premium bikes and Adishwar Auto Ride India – Mahavir Group, announced that Benelli India has shut down all operations at its manufacturing and assembly plant based out of...

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...

Varroc Engineering Limited, a global Tier-1 auto component supplier, has entered an agreement to manufacture EV Battery Management System (BMS) in India for Lithium Balance, a Danish BMS solutions provider.

Seventy years after the first Dream DType rolled out of the factory in 1949, Honda is celebrating its 70th anniversary of motorcycle production having produced 400 million units worldwide. Honda was founded in 1948....

22Motors, the new age electric mobility solutions company, obtained a worldwide patent for its invention of the hill assist control feature, a first in two-wheelers globally. The patent was filed on February 7, 2019...

Valeo India, part of the Euros 19.3 billion Valeo group of France, has inaugurated a wiper motor manufacturing facility at Vallam, Chennai. The plant will manufacture rear wiper motors catering to OEMs and the after...

Groupe PSA further strengthened its commitment for the Indian market by organising a 2019 India Suppliers Summit in Chennai, soon after the Citroën brand launch in India. The summit witnessed participation of more t...

The US $ 1.5 billion India based JBM Group with business interest in auto systems and assemblies has acquired major shareholding in Germany based Linde-Wiemann GmbH KG, a leading manufacturer of complex structural ...

BorgWarner’s drive modules simplify the design of future pure electric drives significantly, and it is predicted that they will continue to do so in the years to come. While the forerunner – the electric drive modul...

Skoda and Volkswagen Group India have inaugurated a new Technology Centre in Pune, India. The opening ceremony was attended by Czech Prime Minister Andrej Babis and other government officials. On behalf of the Volks...

Any first responder will tell you that the first 72 hours following a natural disaster are the most crucial to saving lives. However, often times due to the nature of the disaster (forest fire, earthquake, hurricane...

NVIDIA announced the world’s first commercially available Level 2+ automated driving system, NVIDIA DRIVE AutoPilot, which integrates multiple breakthrough AI technologies that will enable supervised self-driving ve...

South Africa based Recoveri, manufacturer and exporter of technologically superior micro tag identification and trace solutions for vehicles and other movable domestic and corporate assets worldwide is entering Indi...

Entering its milestone 18th year in India, Honda 2Wheelers India announced its Honda Joy Club – its first ever customer loyalty programme. It is the biggest and 1st digital loyalty programme in the history of Indian...

ZF Friedrichshafen AG, a global leader in driveline and chassis technology as well as active and passive safety technology, is uniquely positioned to support its customers’ new safety requirements that will be intro...

Global New Car Assessment Programme (GNCAP) , a UK-based charity that conducts crash safety tests on cars across the world, which is hosting its first ever ‘Global NCAP World Congress’ in New Delhi, India in partner...

For the first time in India, ABB showcased the Terra HP fast-charging system, which can power up a car for 200 km in just a single charge in just 8 minutes. It is ideally suited for highway rest stops and petrol sta...

Nissan has decided to bring the best of its worldwide lineup to India and also launch a product offensive in the country as part of its new strategy for India. As part of this Nissan strategy, the company will launc...

Business for safety technologies is growing rapidly in India for technology company Continental. The company announced the completion of 1 million units of Electronic Brake Systems (EBS) from its Gurgaon plant. Cont...

Greaves Cotton, one of India’s leading diversified engineering companies, announced that they have entered into definitive agreements pursuant to which Greaves Cotton will acquire a majority stake in EV company Ampe...

Employees at Ford’s Valencia Engine Assembly Plant, in Spain, are using a special suit equipped with advanced body tracking technology. The pilot system, created by Ford and the Instituto Biomecánica de Valencia, ha...

Hyundai Motor India plant in Sriperumbudur in Tamil Nadu is bustling with frenzied activity. They are getting ready to manufacture the new Santro family car. The new Santro would soon be launched in the country. Cod...

Leading motorcycle manufacturer Bajaj Auto has appointed Rakesh Sharma the company’s Chief Commercial Officer (CCO), a post newly created, with immediate effect. The announcement was made through in an internal comm...

Global car major Volkswagen will be investing Euros 1 billion (Rs 7900 crore) in India for its India 2.0 project which was announced by the group recently. This money will be used to develop new Skoda models based o...

Bharat Forge Ltd., a Pune based global leader in metal forging, has announced a strategic investment of UK Pounds 10 million (Rs 90.30 crore approx.) in Tevva Motors (Jersey) Limited, a company incorporated and regi...

Precision Camshafts Ltd (PCL) has acquired 51% stake in Dutch electric driveline maker Emoss Mobile Systems B.V through its wholly owned Dutch subsidiary, PCL (International) Holding B.V. This is the third strategic...

The Volkswagen Group will be stepping up its e-mobility drive with 16 locations around the globe getting ready to produce battery powered vehicles by the end of 2022. This was announced recently by Matthias Müller, ...

World’s leading mechanical and plant engineering firm Dürr announced early this year the launch of EcoInCure that offers best possible top-coat quality and maximum process reliability by heating the bodies from the ...

Maxxis Rubber India, a sub-company of Maxxis Group, the largest two-wheeler tyre manufacturer in the world, inaugurated its first manufacturing facility in Sanand, Gujarat. The plant was inaugurated by Vijaybhai Rup...

It was towards the end of 2017 that Bosch had successfully completed its sale of its subsidiary SEG Automotive Germany GmbH, the former Robert Bosch Starter Motors Generators Holding GmbH, together with all subsidia...

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...

But many car brands have only matured with time, one of them being the Honda City from Honda Cars India Ltd, which has kick-started its celebrations to commemorate 20 successful years of Honda City in India.

Advik Hi-Tech, a leading global automotive component manufacturer announced that it has won 6 orders for supply of Transmission Oil Pumps from Magna Powertrain, the largest independent supplier of 4WD/AWD systems gl...

Technology companies Continental and Osram have announced their intention to establish a joint venture. The idea is to combine innovative lighting technology with electronics and software to develop, manufacture and...

Osram India, a wholly owned subsidiary of Osram GmbH (Germany), one of the world’s leading lighting manufacturer and the world market leader in automotive lighting, has announced the launch of its new range of high ...

Interview with Jose Villegas, Global Sales & Marketing Director, UM International, LLC

Magneti Marelli has acquired a stake in LeddarTech Inc., a worldwide leader in solid state LiDAR (Light Detection and Ranging) sensing technology. Magneti Marelli and LeddarTech have also entered into a technical an...

Triumph Motorcycles of UK and Bajaj Auto have announced a global partnership to deliver a range of mid-capacity motorcycles (300cc to 500cc) benefiting from the collective strengths of both companies. This partnersh...

With the inauguration of the 4th assembly line at the Karnataka plant of Honda Motorcycle & Scooter India (HMSI), India is now the biggest production base of Honda worldwide. The new 4th line of 0.6 million annual c...

Leading automotive interior components supplier International Automotive Components (IAC) has inaugurated its new regional and global engineering centre in Pune, Maharashtra. The 2,415-square-meter (25,569-square-fo...

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 ...

Barely a few weeks after announcing that it is shutting operations in its plant in Halol in Gujarat, the company has now announced that General Motors India will focus on its growing vehicle export manufacturing op...

Two new car models from two different car manufacturers--the Jeep Compass SUV from Fiat Chrysler Automobiles (FCA) India and the Tata Nexon, a compact SUV from Tata Motors, are expected to inject a lot of action ver...

Roland Berger's first Automotive Disruption Radar has revealed that there is a widespread global acceptance for autonomous driving and electric cars. Designed to help automotive industry players make investment deci...

South Korea’s leading car manufacturer Kia Motors is investing US $ 1.1 billion in India to build manufacturing plant in the state of Karnataka in South India. The construction of the Kia Motors manufacturing plant ...

Interview with Pietro Gorlier, CEO, Magneti Marelli and Saju Mookken, Country Manager & MD, Magneti Marelli India

PSA Group of France and CK Birla Group have signed joint-venture agreements to produce and sell vehicles and components in India by 2020. It was in 1976 that Citroën S.A. and Peugeot S.A. merged to form the PSA Peug...

International Automotive Components (IAC) and Shanghai Shenda Co. Ltd. (Shenda) have announced the signing of a definitive agreement to form a global joint venture (JV) partnership to supply soft trim and acoustics...

No one could have ever imagined that a consumer electronics show would one day put to shame a hard core automobile show with its display of new cars and technologies. Well, with cars today stuffed with loads of elec...

The new site increases Horiba Mira’s presence in India and will provide an in-territory base from which to deliver comprehensive vehicle attribute engineering and testing programmes. Utilising automotive test system...

Hyundai Motor Group has earmarked around US$73 billion in facilities and R&D between 2015-2018. The US $44 billion Kia Motors Corporation, a leading car manufacturer based in South Korea and a company which is part ...

Interview with Sanjay Gupta, Sr. Director, NXP Semiconductors. Gupta says that according to IMS Research, the global market for automotive electronics is set to rise to Rs.13.04 lakh crore ($240 billion) in 2020.

Leading luxury car maker Jaguar Land Rover of UK and part of Tata Motors group, has announced its new global ambassador Noodle, Japanese guitarist and founder member of virtual British band Gorillaz.

Volkswagen AG and Anhui Jianghuai Automobile Co., Ltd. (JAC) recently signed a Memorandum of Understanding (MoU) in Wolfsburg in Germany to define the next phase of negotiations between the two companies in order to...

Roy Kurian, Vice President, Sales & Marketing, Yamaha Motor India Sales Pvt. Ltd.Kurian feels the two-wheeler industry in India is evolving big time.