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...

Mahindra Logistics successfully trains 10000 drivers across India

Mahindra Logistics, the largest 3PL solutions providers in the Indian logistics industry, successfully trained 10000 drivers across India as a part of Pradhan Mantri Kaushal Vikas Yojana (PMVKY). The training, condu...

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...

Skoda, Volkswagen Group India inaugurate the new Tech Centre in Pune

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...

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...

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...

Govt to implement Methanol 15 pc blending with petrol, says Gadkari

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...

MG Motor takes over GM India’s Halol facility; To invest upwards of Rs 2,000 crore

The erstwhile car manufacturing plant of General Motors India in Halol, Gujarat was taken over by MG Motor, a UK based company. The Halol facility will now be the manufacturing plant for MG Motor. The company announ...

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...

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...

56th SIAM Annual Convention debates ‘Building the Nation, Responsibly’

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...

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.

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...

Shocked Dr Goenka says diesel vehicles have become “whipping boy”

Shocked and concerned by the decision of the National Green Tribunal (NGT) to ban registration of new diesel vehicles in Delhi, Dr. Pawan Goenka, Executive Director, Mahindra & Mahindra Ltd has stated that “diesel v...

Merc’s Roland Folger gets off to a “Make in India” start

Mercedes Benz India’s “Make in India” initiative could not have got off to a more promising start now that the Indian government has decided to buy 55 top of the range E 250 CDI luxury sedans. The luxury car maker h...

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,...

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...

Only Rs 30,000 for your ten-year old diesel car? Nah!!!

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...

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...

Finally, the government gives a Green Push to electric vehicles

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...

EXCLUSIVE: E-vehicles finally get Govt. nod for subsidy, says Gill

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...

Gadkari hails SAARC Motor Vehicle Agreement

Minister of Road Transport & Highways and Shipping Nitin Gadkari has stated that the proposed SAARC Motor Vehicle Agreement has wider scope for movement of all types of vehicles across Saarc member States and will b...

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 ...

VW lays foundation stone for new engine plant

Volkswagen AG has announced that it is expanding its industrial activities in Russia wherein the new

British PM David Cameron visits JLR facility

On December 7, 2012, Jaguar Land Rover (JLR) facility in Solihull in the United Kingdom had a very i

National Electric Mobility Mission Plan 2020 soon

The National Electric Mobility Mission Plan 2020 is expected to be launched by Prime Minister Manmoh

Anand Mahindra to become CMD of M&M

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

Renault-Nissan gets majority stake in Avtovaz

The Renault-Nissan Alliance and state corporation Russian Technologies have agreed to create a joint

JLR to invest £355 million for engine unit in UK

Following a successful Frankfurt International Motor Show and recent discussions between Jaguar Land

VW signs agreement to produce vehicles in Malaysia

The Volkswagen Group is gradually expanding its activities in Southeast Asia under its Strategy 2018




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