Harley riders support cause of H-D dealers over closure in India

Harley Owners Group (HOG) conducted nation-wide dark rides and rallies to support the cause of several Harley Davidson dealers who they feel have been hit hard because of the US company’s decision to close shop here...

Peugeot, Fiat Chrysler reveal logo of Stellantis

Peugeot S.A. ("Groupe PSA") and Fiat Chrysler Automobiles N.V. ("FCA") have revealed the logo of Stellantis, the new group that will result from their 50:50 merger.

Audi India hikes prices of models by up to 2 per cent

Audi, the German luxury car manufacturer, announced a price increase of up to 2 percent across its entire model range owing to weakening of the rupee and rising input costs.

Tata Motors rolls out the 1,50,000th Nexon SUV

Tata Motors has rolled out the 1,50,000th Nexon from its Ranjangaon facility in Pune. Tata Nexon achieved the 1st 50,000 milestone on Sept’18, followed by the 1,00,000 on Sept'19 .

Classic Legends delivers 2000 Perak motorcycles in festive season

Classic Legends Pvt. Ltd. has successfully delivered around 2000 units of its Perak model during this festive period. Classic Legend’s growing sales performance is boosted by the BS6 variants of Jawa and Jawa forty ...

Mercedes-Benz starts local production of AMG in India

Mercedes-Benz India has commenced local production of the first-ever AMG vehicle in India- the AMG GLC 43 4MATIC Coupé. With this Mercedes-Benz India will be producing the new generation cars (NGC), the sedans, the ...

By 2030, 4W passenger vehicles, buses will see least e-adoption at 12-15 per cent

In another decade or so, by 2030, while buses and 4-wheeled passenger vehicles will have the least level of electric adoption, it will be two and three wheelers that will see a large adoption of electric vehicles. T...

Honda 2Wheelers begins exports of SP125 motorcycle in CKD form

Honda Motorcycle and Scooter India Pvt. Ltd. (HMSI) announced the exports of its next generation 125cc, the SP125 to Europe. The motorcycle is exported via the CKD route. Consignments carrying over 2000 CKD kits of ...

Suzuki's Gujarat Plant reaches 1 million units production milestone

Suzuki Motor Gujarat Private Limited (SMG), a subsidiary of Suzuki Motor Corporation for the production of automobiles in India, has achieved accumulated automobile production of 1 million units on October 21, 2020.

Maruti Suzuki Alto continues strong after 20 years with record sales

Maruti Suzuki is on a record-breaking spree. Every other day it’s been achieving new sales milestones and now it’s the turn of the Maruti Suzuki Alto to contribute to this journey. The humble Alto has completed 20 y...

TVS Apache crosses 4 million global sales milestone

TVS Motor Company has uncorked the bubbly for reaching the 4 million global sales milestone for its premium motorcycle brand, TVS Apache. Launched in 2005, the TVS Apache series is the fastest-growing premium motorc...

Automotive dealerships grappling tough times, says ICRA survey

ICRA, an independent and professional investment Information and Credit Rating Agency states that automobile dealerships across India continue to face tough times. As if the demand slowdown due to macroeconomic chal...

Electric two-wheeler  sales up in Sept 2020 by 72%, says SMEV

The electric two-wheeler industry is showing signs of revival. According to the Society of Manufacturers of Electric Vehicles (SMEV), in September 2020, sales of High-Speed Electric two-wheelers (HS E2W) have increa...

eMatrixmile, Magenta to install QYK POD charging stations for EVs

A Memorandum of Understanding (MoU), has been signed between eMatrixmile India Pvt Ltd and Magenta EV Solutions Private Limited for installation and commissioning of 'QYK POD' charging stations with associated infra...

BorgWarner completes acquisition of Delphi Technologies

BorgWarner Inc has announced it has completed its acquisition of Delphi Technologies. The combination of BorgWarner and Delphi Technologies is expected to strengthen BorgWarner’s electronics and power electronics pr...

Maruti Suzuki WagonR is highest selling CNG vehicle in country

The Maruti Suzuki WagonR S-CNG has emerged as the highest selling CNG vehicle in the country by surpassing 3 lakh units in sales, making it the most successful CNG car across all passenger vehicle segments.

Tata Power, Tata Motors sign PPA to commission India’s largest carport at Pune

Tata Power, India's largest integrated power utility has achieved a new milestone by signing a Power Purchase Agreement (PPA) with Tata Motors to commission India’s largest carport. With 6.2 MWp capacity, the projec...

Maruti Suzuki, Delhi Police complete 2nd phase of road safety measures

After successfully implementing Automated Red Light Violation Detection (ARLVD) and Speed Violation Detection System (SVDS), Maruti Suzuki India Limited and Delhi Police have strengthened their commitment further to...

Tata Motors delivers Tata Tigor EVs to Ministry of Ayush

Tata Motors has delivered Tigor electric vehicles to the Ministry of Ayurveda, Yoga & Naturopathy, Unani, Siddha and Homoeopathy (AYUSH) in Delhi, as a part of its tender with EESL. The first batch of Tigor EVs was ...

Tata Motors rolls out 1000th Nexon EV

Tata Motors announced a significant milestone in the electric vehicle (EV) domain by rolling out the 1000th Nexon EV from its plant in Pune.

Maruti Suzuki Alto celebrates 40 lakh cumulative sales

Consistently setting benchmarks in the Indian automobile industry, Maruti Suzuki Alto has reached an enviable milestone of 40 lakh cumulative sales. Alto is the preferred choice of Indian car buyers with 76% of Alto...

Honda Amaze crosses 4 lakh cumulative sales milestone in India

The Honda Amaze sedan from Honda Cars India has cumulatively sold 4 lakh units since its first introduction in the country in 2013. The Amaze, now in its second-generation, is currently Honda’s largest selling model...

Thierry Bolloré appointed as new Chief Executive Officer of Jaguar Land Rover

Former CEO of Groupe Renault, Thierry Bolloré has been appointed as the new Chief Executive Officer of Jaguar Land Rover, effective 10 September 2020. This announced was made by Chandrasekaran, Chairman of Tata Son...

Luxury Ride expects 60pc revenues from online sales of pre-owned luxury cars

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...

STELLANTIS is the new group name post merger of FCA, Groupe PSA

As both Fiat Chrysler Automobiles N.V. and Peugeot S.A. ("Groupe PSA") move towards the completion of their 50:50 merger as defined in the Combination Agreement announced on December 18, 2019, the two companies have...

Suzuki Motorcycle India rolls out 5 millionth vehicle from Gurugram plant

Suzuki Motorcycle India rolled out its 5 millionth vehicle from its manufacturing facility at Kherki Dhaula, Gurugram. The recently launched BS6 compliant Suzuki Gixxer SF 250 became the 5 millionth celebratory unit...

Mercedes India delivers 2948 car in Jan-June 2020

Despite the raging covid-19 pandemic, Mercedes-Benz India was able to deliver 2948 new cars (retail sales) to customers in the first half of 2020 (January to June 2020). The June 2020 sales however showed first sig...

FCA India launches pre-owned Jeep Compass business ‘SELECTEDforYOU’

Three years after the successful launch of the first ever made-in-India Jeep, FCA India has announced the introduction of its all new certified pre-owned vehicle business - ‘SELECTEDforYOU’

MG Motor India commences production of Hector Plus

MG (Morris Garages) Motor India has commenced the commercial production of the much-awaited Hector Plus. Manufactured at its Halol plant in Gujarat, the Hector Plus was first showcased at Auto Expo 2020 and will go ...

GWM, Maharashtra govt sign MoU; Commits US $ 1 billion investment in India

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...

BMW Group India recommences operations at plant, dealerships

BMW Group India has restarted operations on June 1, 2020 in accordance with government guidelines. Consumers can once again safely explore and experience the complete range of BMW, MINI and BMW Motorrad products at ...

Tata Motors, Bridgestone, Hyundai, Okinawa, Nissan, JK Tyre reopen plants

In this latest round of resumption of plant operations and other activities, Indian auto companies in the news include Tata Motors, Honda Cars India, Bridgestone India, Toyota Kirloskar Motor, Hero MotoCorp, Hyundai...

BMW, Mercedes-Benz, TVS, Royal Enfield, VECV, others resume production

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...

Polaris India appoints Lalit Sharma as new Country Manager; Pankaj Dubey moves on

Pankaj Dubey, who was at the helm of affairs of Polaris India Pvt. Ltd, a wholly-owned subsidiary of Polaris Inc., since its inception for around 10 years, has moved on to pursue other career opportunities. In his p...

ZERO DARK APRIL 2020: Indian Auto Industry staring at Rs 92000 crore loss for 40-day lockdown

If one were to calculate by what SIAM has to say wherein each day of plant closure will trigger a loss of more than Rs 2300 crore in turnover for auto OEMS and component manufacturers, then what we are looking at i...

Automobili Lamborghini produces surgical masks, medical shields

Automobili Lamborghini is converting departments of its super sports car production plant in Sant’Agata Bolognese in order to produce surgical masks and protective plexi glass shields. The masks will be donated to t...

Bajaj two-wheeler sales slump (-) 35pc at 210976 units in March 2020

Bajaj Auto, a leading Indian manufacturer of motorcycles and commercial three-wheelers, recorded a fall of (-) 55 per cent in sales in domestic sales of its two wheelers from 220213 in March 2019 to 98412 units in M...

Honda 2 Wheelers grows 5pc in March 2020 at 261,699 units, grows 11pc in fiscal

Honda Motorcycle & Scooter India Pvt. Ltd. is among the very few auto majors that managed to buck the negative trend because of the covid-19 threat as it closed March 2020 with total sales of 2,61,699 units as again...

Suzuki Motorcycle India records positive growth in March 2020, fiscal

Suzuki Motorcycle India Pvt. Ltd. (SMIPL) concluded the fiscal year on a positive note by registering 5.7% growth over FY2018-19.Cumulatively, SMIPL sold 790,397 units from April 2019 – March 2020, compared to 747,5...

COVID-19 PANDEMIC: Indian auto industry puts best foot forward

In spite of the fact that the Indian auto industry will be incurring a loss of approximately Rs 50,000 crore in turnover for the 21-day plant shutdown as a result of the countrywide lockdown due to the ongoing coron...

TVS March 2020 sales down by (-) 55.51pc at 144739 units

TVS Motor Company registered sales of 144,739 units in March 2020 as against 325,323 units in March 2019.

Toyota Kirloskar sells 8022 units in March 2020

Having successfully liquidated all its BS4 stocks even at the dealership level, TKM sold a total of 7023 units of BS6 vehicles to its dealers (wholesales) in the month of March 2020. To lessen the burden on its deal...

Kia Motors India sells 8583 units in March 2020, Emerges as No.3 car manufacturers in country

Kia Motors India, wholly-owned subsidiary of Kia Motors Corporation, sold 8,583 units for the month of March 2020. The company sold 7,466 units of Seltos and 1,117 units of Carnival during the month. While Kia Motor...

Royal Enfield sales dips (-) 41 per cent: fiscal sales down 16pc at 695947 units

Royal Enfield posted sales (both domestic and exports) of 35,814 motorcycles in the month of March 2020, against the sales of 60,831 motorcycles for the same month last year, thereby registering a minus (-) 41 per c...

Tata Motors sells 5676 units of passenger vehicles, degrowing  (-) 68 per cent

Like all vehicle manufacturers in the country, Tata Motors too posted miserable sales for its passenger vehicles for the month of March 2020. The company sold 5676 units as compared to 17810 units in March 2019. Thi...

HMIL registers 40.69 per cent fall in overall sales for March 2020 at 32279 units

Hyundai Motor India Ltd could not have ended the fiscal 2019-20 on a more disastrous note with overall sales (domestic and exports) slumping by 40.69 at 32,279 units in March 2020 as compared to 61,150 units in Marc...

Maruti Suzuki March 2020 sales fall (-) 47 pc at 83,792 units. Annual sales slump by 16pc

The lockdown resulting from the pandemic coronavirus or covid-19 has begun to reflect in the sales of vehicles for auto companies in India. Maruti Suzuki India Limited sold 83,792 units in March 2020 as compared to ...

M&M, Maruti Suzuki, Krishna Maruti, Bharat Seats gear up to make ventilators, masks

Unmindful of the huge losses that the auto industry is incurring because plant shutdowns as a result of the country-wide lockdown in the midst of coronavirus or covid-19 fears, several auto companies and auto compon...

Tata Motors spins off PV, EV businesses into new subsidiary

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...

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...

Lohia Auto halts production at Kashipur plant

As the Government announced a lockdown across various districts of the country in a bid to tackle the Coronavirus disease (Covid-19), Lohia Auto, an electric vehicle player, announced its closure of its production a...

Renault, Nissan Alliance plant in Chennai suspends production

Renault India and Nissan India have temporarily suspended production at its Alliance manufacturing facility, Renault Nissan Automotive India Private Ltd. (RNAIPL) in Chennai.

India Yamaha Motor suspends operations at 3 plants in country

India Yamaha Motor (IYM) Pvt. Ltd. has taken the preventive counter-measure against the spreading coronavirus (covid-19) by suspending its manufacturing operations at its Plants in Chennai (Tamil Nadu), Surajpur (Ut...

Benelli India temporarily ceases operations at Hyderabad plant

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...

Auto Industry hit by coronavirus fears, as companies worldwide halt production

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...

FCA suspends production in India in response to COVID-19 crisis

Fiat Chrysler Automobiles (FCA) together with Fiat India Automobiles Private Limited (FIAPL), FCA’s joint venture manufacturing facility in Ranjangaon, announced that it will work with the Government to temporarily ...

Hero Motocorp halts operations at all manufacturing plants globally, including India

Hero MotoCorp has decided to halt operations at all its global manufacturing facilities – including in India, Colombia and Bangladesh - and the Global Parts Centre (GPC) at Neemrana with immediate effect until March...

Honda Cars India temporarily suspends production operations in Greater Noida, Tapukara

In view of the escalating COVID-19 situation and to ensure safety and well-being of all its associates, Honda Cars India Ltd. has informed its associates and suppliers that production operations at both its manufact...

Shriram Automall acquires Bluejack, an  online car  auction platform

Shriram Automall India Limited (SAMIL) which is backed by Shriram Group & CarTrade, has acquired BlueJack, an online car selling portal in a bid to accelerate its offline auction market position with online used ca...

Great Wall Motor expands to Thailand, coinciding with India debut

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 ...

Ralf Speth to retire as CEO, Jaguar Land Rover; To continue as vice chairman of JLR

Ralf Speth has decided to retire from his current role as Executive Director and Chief Executive Officer of Jaguar Land Rover at the end of his contract term in September 2020. He will however, continue his relation...

Mahindra Electric launches new brand identity

Mahindra Electric Mobility Ltd unveiled a new corporate brand identity with a new logo and tagline - ‘Spark the New’. The new brand identity is meant to give the brand a renewed thrust to achieve its global ambition...

Honda 2Wheelers India cumulative exports cross the 25 lakh units

Honda Motorcycle & Scooter India (HMSI) (Honda 2Wheelers India) has recorded cumulative exports of over 25 lakh units in its 19th year of operations. Honda 2Wheelers India started exports from India in 2001 with its...

Hero Cycles acquires German e-bike pioneers HNF Group

Indian bicycle major Hero Cycles Ltd has acquired a strategic stake in German premium e-bike manufacturer HNF Group. Hero Cycles has taken this stake together with German investment trust holding IBG Beteiligungsges...

Kia Motors announces ‘Plan S’ for EV, mobility solutions by 2025

Kia Motors Corporation has announced details of ‘Plan S’, its mid- to long-term strategy aimed at progressively establishing a leadership position in the future automotive industry, encompassing electrification and ...

Maruti Suzuki provides driving training to 50 lakh aspirants

Maruti Suzuki has achieved the milestone of providing state-of-the-art driving training to 50 lakh aspirants, cumulatively. The milestone includes cumulative figures of the candidates being trained in learner, refre...

CBI books former Maruti MD Jagdish Khattar in Rs 110cr PNB loan fraud

The Central Bureau of Investigation (CBI) has booked former Maruti Udyog (now Maruti Suzuki) Managing Director and founder of Carnation Auto (the company was recently sold to Mahindra First Choice Services) Jagdish ...

Renault India commences exports of Triber MPV to South Africa

Renault India has commenced exports of Renault Triber MPV to South Africa. Renault Triber MPV accommodates seven adults in less than 4 meters. Renault Triber also offers 625L boot space - the largest boot capacity o...

Delhi gets new electric vehicle policy; Industry hails move

In order to curb rising pollution, the capital city of New Delhi is serious about getting in more electric vehicles to replace IC engine powered vehicles. Announcing its EV policy, the Delhi government aims to regis...

Mahindra announces further leadership changes

After the company announced some major board level changes and other high level management changes on December 20, 2019, Mahindra & Mahindra has now announced further leadership changes.

Anand Mahindra, Dr Goenka part of top M&M management restructuring

Anand Mahindra will take on the role of Non-Executive Chairman of the Board of Mahindra & Mahindra Ltd with effect from April 1, 2020. Dr. Pawan Goenka will be re-designated as Managing Director and CEO of the compa...

FCA India wins India’s highest Award for Quality Excellence from government

FCA India has announced that Fiat India Automobiles Private Limited (FIAPL), its world class manufacturing joint venture in Ranjangaon, near Pune, has won the Platinum Trophy in the ‘Large Enterprise’ category at th...

Auto Expo- The Motor Show 2020 begins Feb 7-11, 2020

Auto Expo, the biggest extravaganza and much-awaited event, a true representation of India’s automotive industry, is slated to kick-start the excitement of Auto Expo – The Motor Show2020 from February 7 to 11, 2020 ...

JLR acquires all-terrain performance specialist Bowler in UK

Jaguar Land Rover, a Tata Motors owned company, has acquired Bowler, the UK-based manufacturer of all-terrain performance cars, parts and rally raid vehicles.

Maruti Suzuki WagonR going strong for last 20 years in India

The iconic Maruti Suzuki WagonR, owned by over 24 lakh families, has completed two decades since its launch in 1999. Consistently featured amongst India’s 10 top selling cars in the last 20 years, WagonR has success...

Besides selling cars, Cars24 now offers buying option too

Cars24, a leading tech platform for used cars, was till recently a very popular platform for people to sell their used cars. Now the company has announced that consumers can buy cars from its platform. It will now o...

Volkswagen India gets rooftop solar PV power project in India at Chakan facility

Volkswagen India Pvt Ltd (SAVWIPL) has successfully installed its largest rooftop solar PV power project in the auto Industry world-wide and one of India’s largest rooftop installation at its manufacturing facility ...

Delta Electronics India introduces E-Mobility Tech Experience Centre

Delta Electronics India, a leading Power and Energy management company, has unveiled its state-of-the-art E-Mobility Tech Experience Centre aimed at strengthening electric vehicle charging infrastructure of the coun...

NuGen Mobility Summit-2019 begins at Manesar on Nov 27

More than 200 automobile as well as auto components companies will display their products, while there would be live test demonstrations, training sessions, panel discussion and test track demonstrations of vehicles...

Groupe PSA, FCA to merge into Euros 170 billion auto behemoth

Barely five months after rejecting French auto major Groupe Renault as its bed partner, Fiat Chrysler Automobiles (FCA) has hopped back into the bed with another French automobile major – Groupe Peugeot S.A. Accordi...

Mahindra Two Wheelers Europe to acquire 100pc Peugeot Motocycles

Mahindra Two Wheelers Europe, a subsidiary of Mahindra & Mahindra Ltd. (M&M Ltd), will be acquiring all outstanding shares in Peugeot Motocycles (PMTC), taking its share to a complete 100pc. Peugeot Motocycles, a ma...

Honda Activa continues to be No. 1 selling 2 Wheeler brand in India

No, it’s not just the BMW, Mercedes-Benz and MG Motor cars that are selling like hot cakes this festive season. Midway into the festive season, Honda’s iconic Activa scooter has once again cemented its leadership as...

FADA issues legal notice to UM Lohia, management for dealers’ losses

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...

Ford hands over control to Mahindra in India through new joint venture

Ford India will be transferring its Indian operations, including its personnel and assembly plants in Chennai in Tamil Nadu and Sanand in Gujarat, as well as the Global Business Services unit, Ford Credit and Ford S...

MG Motor India retails 2,608 units of Hector in September 2019

MG Motor India has recorded retail sales of 2,608 units of the MG Hector internet car in September 2019. MG Motor India re-opened its bookings on September 29 backed by its plans to ramp up production.

As millennials brood, Maruti Suzuki Sept 2019 domestic sales slip by 27.1pc

The millennials are still brooding, or so it seems as September domestic sales of total passenger vehicles slipped by as much as (-) 27.1per cent. The company sold a total of 110454 units in September 2019 as compar...

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...

Aug 2019 sales of passenger vehicles drop -32pc, 2w -22pc, CVs -39pc, 3w -7pc

Passenger vehicles Aug 2019 sales recorded a minus 31.57 pc slump at 196524 units as compared to 287198 units in Aug 2018. This has been revealed in the latest sales and production data released by the Society of In...

Rakesh Srivastava is new Managing Director of Nissan India

Nissan announced the appointment of Rakesh Srivastava as Managing Director, Nissan Motor India Pvt. Ltd (NMIPL), reporting to Sinan Ozkok, President of Nissan India Operations.

GoMechanic inks services, maintenance partnership with Revolt Motors

GoMechanic, a network of technology-enabled car service centres announced a services and maintenance partnership with Revolt Motors, makers of India's first AI-enabled electric motorcycle. The partnership is part of...

FADA hosts 2nd Auto Retail Conclave

The Federation of Indian Automobile Dealer Associations (FADA) at its 2ndAuto Retail Conclave expounded the support of the Ministry of Road Transport, Government of India, in achieving transparency in vehicle regis...

Automobile market has not responded till now to FM’s incentives, says SIAM President

The Society of Indian Automobile Manufacturers (SIAM) President Rajan Wadhera has said in a press release that the sales report coming out from various companies for the month of August 2019 has been very dismal wit...

Toyota Kirloskar Motor sells 11544 units in Aug 2019, degrows by (-) 21 per cent

Toyota Kirloskar Motor sold a total of 10701 units in the domestic market this month of August 2019. The company exported 843 units of the Etios series this month thus clocking a total of 11544 units. Toyota Kirlos...

Tata Motors passenger vehicles sales dip 58 per cent at 7316 units for Aug 2019

Tata Motors passenger vehicles sales dipped by a massive (-) 58 per cent with total sales at a mere 7316 units in August 2019 as compared to 17,351 units in August 2018. For the latest fiscal April to August 2019, t...

Honda Cars India registers degrowth of 51pc in domestic sales in Aug 2019 at 8,291 units

Honda Cars India Ltd. (HCIL) registered monthly domestic sales of 8,291 units in August 2019 whereas the number of export units stood at 227. The company had sold 17,020 units in domestic market in August 2018. The ...

Maruti Suzuki BS6 compliant vehicles find wide acceptance

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...

CCI slaps Rs 17 crore penalty on Japan’s JTEKT for “cartelisation”

The Competition Commission of India (CCI) has in its latest order imposed a penalty of Rs 17.07 crore (Rs 17,07,31,443/-) on Japan based JTEKT/ JSAI , manufacturers of power steering for automobile manufacturers In ...

Varroc to acquire 74% stake in CarIQ, a leading Telematics solution provider

Varroc Engineering Limited, a global Tier 1 auto component manufacturer, has agreed to acquire 74% stake in the Pune-based CarIQ Technologies, a leading integrated connected vehicle solution provider to OEMs, fleet ...

July 2019 sales of passenger vehicles slump -31pc, 2W -17pc, CVs -26pc, 3W -8pc

For the ninth consecutive month, domestic sales of vehicles in India continued with its free fall as passenger vehicles July 2019 sales recorded a minus 30.98pc slump at 200790 units as compared to 290931 units in J...

First Kia Seltos rolls out of Anantapur plant

Kia Motors India has rolled out the production version of its first car for India, the Seltos, manufactured at its state-of-the-art facility in Anantapur, Andhra Pradesh. The first Kia Seltos was rolled off the asse...




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