Indian auto industry stares at Rs 48,300 crore loss for 21 days closure of plants

The auto industry will be very adversely impacted by the ongoing COVID-19 crisis. The shutting down of plants temporarily by all auto OEMs and component manufacturers across the country will trigger a loss of more t...

1 millionth Maruti Suzuki car exported from Gujarat’s Mundra Port

Maruti Suzuki India Limited announced that it has achieved the milestone of one millionth car exports from the Mundra Port in Gujarat. An Oxford Blue colour popular sedan Dzire left for Chile from Mundra. Mundra por...

Cabinet approves Scheme for FAME India Phase II for e-mobility

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...

Need to create mobility eco-system in sync with nature: PM

In one of most inspiring speeches on mobility and the need to conserve nature, Prime Minister Narendra Modi said the need of the hour is to create a mobility eco-system that is in sync with nature. He said he was co...

Global Mobility Summit 2018: Hero Cycles wants better e-bicycle penetration

On the occasion of India’s first Global Mobility Summit, organised by the government’s think tank, the NITI Aayog at New Delhi, Pankaj M Munjal, Chairman, Hero Motor Company made an impassioned plea to policy makers...

Cero, India’s first auto shredding facility by Mahindras is ready

Mahindras will finally be inaugurating its new auto shredding plant in Greater Noida in Delhi NCR in April 2018. The plant built in Greater Noida in India’s northern state of Uttar Pradesh is India’s maiden organise...

Modi, Japanese PM Abe inaugurate Suzuki lithium ion battery plant

Indian Prime Minister Narendra Modi and his counterpart from Japan Shinzo Abe have inaugurated the Suzuki Motor Gujarat Private Limited's vehicle manufacturing facilities and lithium ion battery manufacturing facili...

Additional cess on cars could take prices above pre-GST levels

The government has announced a graded duty revision on cars, as part of the GST (Goods & Service Tax) council’s rate revision. As part of this graded increase, an additional cess of 2% has been levied on mid-size c...

Auto industry leaders critical of intermittent regulatory uncertainties

Several auto industry leaders blasted the Indian government for intermittent regulatory uncertainties and urged the government to come out with clear and firm policy guidelines.

Govt increases cess on luxury  cars to 25% under new GST regime

The Union Cabinet chaired by Prime Minister Narendra Modi cleared an ordinance to increase the cess on mid-size, large cars, luxury cars and SUVs from current 15% to 25% under the new GST regime. The cabinet gave it...

GM exit, a planned scam, say protesting GM India dealers

General Motors India’s decision to stop domestic sales in India is a planned scam, stated several dealers who were protesting along with their employees in New Delhi’s Jantar Mantar area on June 27, 2017. General Mo...

Cabinet approves Motor Vehicle (Amendment) Bill 2016

The important provisions include increase in compensation for Hit & Run cases from Rs. 25000 to Rs. 2 lakhs. It also has provision for payment of compensation upto Rs 10 lakh in road accidents fatalities.

GEM forays into electric 2-wheeler market at E.V. Expo 2015

Goenka Electric Motor Vehicles Pvt. Ltd (GEM) a leading player in e-rickshaws, has forayed into the 2-wheeler market. The company launched environment friendly electronic motor bike e-storm and e-champ at the EV Exp...

Lohia Auto displays e-rickshaws at EV Expo

Lohia Auto, a leading e-scooters, e-rickshaws and diesel three-wheelers manufacturing company, participated in the EV Expo 2015, the first ever electric vehicle show in India. The four-day EV Expo 2015 (December 24-...

OK Play launches iCAT approved ‘E-Raaja’

OK Play India has launched the E-Raaja, India’s 1st 100pc indigenously designed and developed green e-rickshaw at EV Expo. OK Play India Ltd, a BSE listed company, is a leader in the field of Roto-Moulding technolo...

GREEN DAY: Geete takes his new Mahindra electric car to Parliament

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...

German Chancellor Merkel, Modi visit Bosch facilities in Bangalore

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,...

JK Tyre acquires Haridwar tyre unit of Kesoram Industries for Rs 2200 crore

JK Tyre & Industries has finally confirmed that it is buying Cavendish Industries Ltd (CIL) tyre unit of Kesoram Industries. In a press release, the company stated that JK Tyre & Industries Limited (JK Tyre) and JK...

Mercedes-Benz commences local production of CLA, GLA 200 Sport petrol

Make in India is gaining momentum and India’s Prime Minister Narendra Modi should be a happy man. Leading luxury car brand Mercedes-Benz has announced the local production of its sporty luxury sedan CLA. The seventh...

Toyota Chairman Takeshi Uchiyamada meets PM Modi

Takeshi Uchiyamada, Chairman of the Board, Toyota Motor Corporation (TMC) met with Indian Prime Minister Narendra Modi and discussed the growing Indo-Japanese bilateral ties as well as the company's plans to grow wi...

General Motors to make fresh investment of US $1 billion in India

In a major announcement by General Motors in India that is bound to have far reaching implications on the fortunes and growth of the company in the country, the US based auto giant has confirmed that it will make US...

Starlit Power Systems Ltd JV to make next gen automobile batteries

Starlit Power Systems Ltd has signed a Joint Venture with China's second largest motorcycle and UPS battery manufacturing company Guangdong Dynavolt Technologies wherein, Guangdong Dynavolt will acquire 24pc of equi...

Dr Pawan Goenka is envoy of Foreign Investment Promotion for Korea

Dr Pawan Goenka, Executive Director, Mahindra & Mahindra Ltd., was appointed Honorary Ambassador of Foreign Investment Promotion for Korea at a special ceremony which was held in Mumbai. He was conferred with this t...

Hyundai Motor Group Chairman Mong-Koo Chung meets Modi

Hyundai Motor Group’s Chairman Mong-Koo Chung met with India’s Prime Minister Narendra Modi to exchange ideas on Korea-India’s auto industry’s cooperation and mutual development. This was stated in a press release i...

Govt would invest heavily in road transport system

Sounding extremely optimistic about the Indian automobile industry, Nitin Gadkari, Union Minister of Road Transport and Highways, stated that the Indian auto industry has the ability to convert the various challenge...

GM chairman Tim Solso, CEO Mary Barra meet Modi

General Motors Chief Executive Officer Mary Barra visited India along with the company’s non-executive chairman of the GM Board of Directors Tim Solso. The two high ranking officials met Prime Minister Narendra Modi...

Modi wins; Auto industry expectations are high

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 ...

‘Namaste Gujarat’: Ford India to invest Rs 4000 cr

Ford Motor Company announced it will build an integrated manufacturing facility in Gujarat

New plant for Tata Nano at Sanand inaugurated

SANAND (GUJARAT): Tata Motors’ brand new plant for the Tata Nano at Sanand, in Ahmedabad district of




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