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...

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...

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...

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...

Zero domestic sales for auto majors; Bajaj Auto, Hyundai largest exporters in April 2020

As was expected, the Indian automobile manufacturers recorded zero sales in the domestic market, while a few managed to record a handful of exports during the lockdown period of April 2020 as a result of the ongoing...

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...

Honda Cars India March 2020 growth slumps (-) 78.50% at 3697 units

Honda Cars India Ltd. (HCIL) registered its annual domestic sales of 102,016 units during FY 2019 – 20. The company’s monthly sales stood at 3,697 units in March 2020. The company had sold 183,808 units during FY 18...

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...

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...

MG Motor India registers sale of 1518 units in March 2020

MG Motor India announced that it has recorded a total retail sale of 1518 units in March 2020. This includes 116 units of ZS EV, the country’s first pure electric internet SUV, and 1402 units of the Hector.

M&M sells 3384 passenger vehicle units in March 2020, slump of 88pc

Mahindra & Mahindra Ltd. (M&M Ltd.) sold a total of 3384 units of passenger vehicles in March 2020 (domestic as well as exports) as compared to 27,646 units in the corresponding period last year. This meant, the co...

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 ...

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...

Hyundai Motor India suspends manufacturing operations

Hyundai Motor India will be suspending its manufacturing operations at the Chennai facility from Monday, March 23, 2020 till further notice to stop the spread of coronavirus (COVID-19) - a global pandemic.

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...

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...

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 ...

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 ...

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...

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...

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...

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...

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...

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...

Maruti Suzuki total sales in August 2019 drops 33 per cent

Maruti Suzuki India Limited sold a total of 106,413 units in August 2019 both in the domestic segment as well as exports. This includes 94,728 units in domestic market, 2,333 units of domestic OEM sales and 9,352 un...

Mahindra passenger sales down 32 per cent in Aug 2019

Mahindra & Mahindra Ltd. (M&M Ltd.) in the passenger vehicles segment (which includes UVs, Cars and Vans), sold 13,507 vehicles in August 2019, compared to 19,758 vehicles in August 2018. This is a 31.63pc drop in s...

Hyundai Motor India  domestic sales drop (-) 16.58pc in Aug 2019 at 38205 units

Hyundai Motor India registered domestic sales of 38,205 units and exports of 17,800 units with cumulative sales of 56,005 Units for the month of August 2019. The company had sold 45,801 units in Aug 2018. The degrow...

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 ...

Goodyear new range of tyres for cars & SUVs

Goodyear India has launched two new products Assurance DuraPlus 2 and Wrangler AT SilentTrac for the Indian market. Assurance Duraplus 2 range of tyres are designed for small-to-mid-sized passenger cars and Wrangler...

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...

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...

Tata Power, Tata Motors join hands to install e charging stations

Tata Power and Tata Motors have announced their partnership to install 300 fast charging stations by the end of the FY20, across key five cities namely Mumbai, Delhi, Pune, Bangalore and Hyderabad.

Toyota Kirloskar domestic sells at 10424 in July 2019; -24pc fall in sales

Toyota Kirloskar Motor sold a total of 10423 units in the domestic market in July 2019 as against 13677 units in July 2018. This meant a degrowth of 24 per cent. The company exported 868 units of the Etios series in...

Indian Army officials to use electric cars in New Delhi

The Indian Army in step with government policies on environmental protection has launched an ecological initiative with employing electric cars for use of its officials in New Delhi in partnership with Energy Effici...

Tata Motors passenger vehicle domestic sales drops 31pc at 10485 units in July 2019

Leading automobile company Tata Motors recorded a decline of 31% in passenger vehicle domestic sales at 10,485 units, as compared to July 2018 sales which is in line with the decline on the industry (31%), and as a ...

Honda Cars India registers 48.67pc drop in domestic sales at 10,250 units in July 2019

Honda Cars India Ltd. (HCIL) registered monthly domestic sales of 10,250 units in July 2019. The number of export units stood at 334 last month. The company had sold 19,970 units in domestic market in July 2018. Thu...

Maruti Suzuki domestic sales plunge by more than 36pc at 96478 units for July 2019

Market leader Maruti Suzuki domestic sales for July 2019 has plunged by more than 36 per cent with total units sold at 96,478 compared to 152,427 units recorded in July 2018.

Mahindra passenger vehicles domestic sales in July 2019 records -15 per cent dip

Utility vehicle manufacturer Mahindra & Mahindra recorded a negative growth of 15 per cent in sales for July 2019 for its passenger vehicles division which comprises utility vehicles, cars and vans. The company sol...

Hyundai Motor India registers 10 pc drop in domestic sales

Hyundai Motor India Ltd registered the domestic sales of 39,010 Units in July 2019 as compared to 43481 units in July 2018, thereby recording a 10 per cent drop in sales.

Auto industry hails GST reduction on electric vehicles

Society of Indian Automobile Manufacturers (SIAM) welcomed the government’s decision to reduce the GST rate on electric vehicles from the present 12% to 5%.

GST rate on all electric vehicles reduced from 12% to 5%

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...

Steep hike in private ICE vehicle registration fees proposed

In order to boost the buying and use of electric vehicles in the personal passenger vehicle segment in future, the government is proposing a steep hike in the fees for issue and renewal of registration of private ve...

Automobile sales and production head south in June 2019

Both production and sales continue to take a hit in the Indian auto industry, as the month of June 2019 too shows no signs of recovery. The downhill drive continues for the industry, according to the latest sales an...

KSL Cleantech plans to scale up electric vehicle business

Building on the success of its solar business, Kolkata-based KSL Cleantech Ltd. (formerly known as Kirti Solar Limited), one of the largest and most experienced solar photovoltaic companies in India, is gearing up t...

MG partners with Fortum to set up 50 KW DC fast-charging EV stations ahead of EZS launch

As part of its commitment towards sustainable mobility, MG Motor India and Fortum Charge & Drive India have undertaken the first step towards creating DC Fast Charging infrastructure (50 KW) in the country.

Honda all new Amaze crosses 1 lakh sales milestone in 13 months

Honda Cars India Ltd. (HCIL) has announced that its all new 2nd generation Amaze has crossed 100,000 sales mark in just 13 months since its launch in mid May 2018. To commemorate the success of the model, HCIL has i...

Besides 18-year low, every passenger vehicle player registers negative growth in May 2019

While the month of May 2019 registered an 18-year low in terms of domestic sales for passenger vehicles (PV), the disturbing factor is that each and every of the 17 PV player recorded a negative growth. Such is the ...

Government EV targets need to be practical says auto industry

The Indian auto industry is not too happy with the aggressive road map being laid out by the government in bringing electric vehicles into the country. Both the Society of Indian Automobile Manufacturers (SIAM) and ...

Downhill drive continues for Indian auto industry in May 2019

Both production and sales have taken a hit in the Indian auto industry for the month of May 2019. The downhill drive continues for the industry, according to the latest sales and production data shared by the Societ...

Mahindra & Mahindra invests Rs 1000 crore + to ready BS VI engines

The good news is that Mahindra & Mahindra is ready with its BS VI engines across its entire diesel and gasoline portfolio. The entire transition will be costing the company upwards of Rs 1000 crore. With its portf...

Mahindra and Ford set to develop a compact SUV

Mahindra Group and Ford Motor Company have taken the next step in strengthening their ongoing strategic alliance in India with a definitive agreement to co-develop a midsize sports utility vehicle (SUV). Under the n...

‘Ambassador’ name will be used very respectfully, says Linda Jackson

Even though reports suggest that Groupe PSA would be using the iconic ‘Ambassador’ name for its electric vehicles in India in the future, there was no official confirmation on it during the unveiling of the Citroen ...

Toyota, Suzuki announce major global initiatives on new technologies

Toyota Motor Corporation (Toyota) and Suzuki Motor Corporation (Suzuki) have finally elaborated on their plans to work together not only in India but also globally by leveraging each other’s core strengths on electr...

Hyundai, Kia invest Rs 2062 crore in India’s mobility service provider Ola

Hyundai Motor Group and Ola, one of the world’s largest ride-hailing platforms, announced a strategic partnership under which Hyundai Motor Company (Hyundai) and Kia Motors Corporation (Kia) will make their biggest ...

February 2019, a dismal month for Indian PV & 2-Wheeler manufacturers

The month of February 2019 has been a dismal month for automobile manufacturers, both four wheelers and two wheelers. According to the latest sales data released by the Society of Indian Automobile Manufacturers (SI...

Volvo Cars named as one of the world’s most ethical companies in 2019

Now this is an award that needs to be cherished and respected. Volvo Cars has been recognised by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as a ...

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...

SIAM hosts 13th edition of Styling and Design Conclave

The 13th SIAM Styling and Design Conclave and 11th Automotive Design Challenge organised by the Society of Indian Automobile Manufacturers (SIAM) based on the theme: ‘Shaping Tomorrow’s Mobility Business’ saw a myri...

Honda Cars India commences production of all-new 10th generation Honda Civic

Honda Cars India Ltd. (HCIL) has commenced the production of the all-new 10th generation Honda Civic. The car is being manufactured at HCIL’s Greater Noida plant.

MG Motor India invests Rs 150 crore in new corporate office in Gurugram

MG (Morris Garages) Motor India inaugurated its new corporate headquarters in Gurugram. The commercial space for the new India headquarters, acquired by the company at a cost of Rs 150 crore, will also house the com...

12th Honda Young Engineer and Scientist’s Award presented

Honda Cars India Ltd. (HCIL) presented the 12th Edition of the Young Engineer and Scientist’s (Y-E-S) Award for 2018-19 to 14 students from India’s premium science and technology institute, the IITs, across India.

Honda Cars India implements new corporate Identity for dealer network

Honda Cars India Ltd announced that all its existing showroom and service centers will adopt a new corporate identity as part of its network modernisation initiative. The new identity accentuates the aesthetics and ...

Kia Motors commences trial production at Anantapur plant in Andhra Pradesh

Kia Motors has commenced trial production at its manufacturing facility in Anantapur, in the state of Andhra Pradesh. This signifies the completion of construction of the new 536-acre manufacturing facility. It also...

Nippon Paint X’press car paint concept centre launched

In an industry first initiative, Nippon Paint, Asia’s leading paint manufacturer has announced the launch of Nippon Paint X’press, its unique car painting and car care centre concept in India. The first Nippon Paint...

Kia hands over vehicle fleet for Australian Open 2019; Ties up with Yes Bank in India

Kia Motors Corporation has supplied a fleet of vehicles for the Australian Open 2019, marking the 18th consecutive year of Kia’s role as the major sponsor for the Grand Slam of the Asia-Pacific. The official vehicl...

Rear seat belt usage among Indian car occupants is dismal, reveals Nissan-Save LIFE study

A new research report by Nissan India and Save LIFE Foundation brought attention to the startling number of Indians compromising their own but also their children’s safety. Released by Nitin Gadkari, Union Minister ...

Volvo Cars sets new record in 2018, breaking 600,000 sales milestone

Volvo Cars sets a new global sales record in 2018, breaking the 600,000 sales milestone for the first time ever since the company was founded in 1927. The company’s sales rose 12.4 per cent to 642,253 cars in 2018, ...

Cero (Mahindra MSTC Recycling Pvt. Ltd.) is India’s first authorised recycler of vehicles

Cero (Mahindra MSTC Recycling Pvt. Ltd.) has become India’s first authorised recycler for motor vehicles, having received accreditation by the Delhi Government on December 21, 2018. Cero, a joint venture between Mah...

8th EV Expo 2018 concludes successfully with new launches

Electric vehicle manufacturers like Gonenka Electric Motors, Mahindra Electric, ETO Motors, Soni E-vehicle, Altius Technologies, Geekay E-Bicycles, HIM Technoforge, Thukral Electric Bikes, Champion Polyplast and o...

Icat releases certification with high security features

International Centre for Automotive Technology (ICAT) has launched a new ICAT certification with high security features. This is a first of its kind initiative taken by any automotive certification agency in India f...

Volkswagen concludes fifth season of skill development programme – Sarvottam

Volkswagen India concluded its Fifth Season of ‘Sarvottam: Hunt for Champions’, an annual skill development programme. Started in 2012-2013 as RQWC-Retail Qualification World Championship, the programme aims to furt...

MG Motor India partners with Cisco, UNLIMIT for connected mobility in vehicles

MG Motor India announced its partnership with leading connectivity management platform Cisco IoT and UNLIMIT - a specialist IoT services provider, to develop connected mobility enabled vehicles.

EV Motors India launches 1st public EV charging outlet ‘PlugNgo’

Electric vehicles start-up EV Motors India has joined hands with DLF, Delta Electronics India and ABB India to launch of its first public EV charging outlet ‘PlugNgo’.

CNG infrastructure development will lead to massive cut in oil bills

Developing India’s CNG infrastructure could help achieve 50pc natural gas vehicles penetration by 2030 leading to crude oil import savings of Rs 11 lakh crore.

China’s SAIC Motor Corporation to leverage technology prowess to make cars in India

SAIC Motor Corporation, the biggest vehicle manufacturer in China, will soon be starting operations in India through MG Motor India, its fully owned subsidiary. SAIC, which has acquired a massive technological prowe...

Honda’s all new Amaze crosses 50,000 sales mark

Honda Cars India Ltd. (HCIL) has announced that its all new Amaze has crossed 50,000 sales mark in just five months since its launch in mid May 2018. The all new Amaze has been a hugely successful launch of 2018 and...

Skoda Auto India inaugurates solar power gen project

Skoda Auto India inaugurated an advanced Solar Power Generation Project at its manufacturing facility in Aurangabad. The solar project has a capacity of 980 KW. This unique car port structure will cover 30 per cent ...

Maruti Suzuki Ciaz, highest-selling premium sedan of India

Maruti Suzuki’s new Ciaz is India’s highest selling premium sedan in first half of 2018-19. The company has sold over 24,000 units of Ciaz during April-September 2018-19. Currently, Ciaz accounts for 28.8% market sh...

Indian cars to have mandatory pedestrian safety features

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...

Mahindra First Choice Wheels enters premium used cars business with ‘Edition’

Mahindra First Choice Wheels, India’s leading multi-brand certified used car company has launched its “Edition” brand, the country’s first premium used cars franchise network.

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...

Nissan plans worldwide line up for India as part of major strategy

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...

Hyundai Motor India Plant is ready for new Santro, EV vehicles

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...

Purpose-built electric vehicles for mobility on demand, says Roland Berger

The growing demand for ride-sharing services is giving rise to a new category of vehicles. These are cars with a flexible interior that can be individually tailored to the needs of their users. The potential for aut...

Huawei, Audi sign memorandum of understanding for strategic cooperation

Audi, the German automobile manufacturer and Huawei, a leading information and communications technology company, have signed a memorandum of understanding (MoU) for a strategic cooperation. The agreement forms part...

Slow takeoff for electric cars in India, says Bloomberg study

As dependence on conventional fossil fuels abates considerably all over the world in the coming years, electricity generated by wind, sun and batteries will define the way power is generated. The share of coal will ...

Volvo Cars launches new S60 sports sedan, first Volvo car made in USA

Volvo Cars revealed the new S60 mid-size premium sports sedan at the company’s first US manufacturing plant in Charleston, South Carolina. The new Charleston plant has now been officially inaugurated. The combined c...

Audi CEO Rupert Stadler arrested in Germany

Rupert Stadler, CEO of Audi, one of the largest luxury car majors and part of the Volkswagen Group was arrested in Munich on June 18, 2018 in connection with the diesel scam that rocked Volkswagen and the automobil...

Volvo Cars Tech Fund invests in automotive sensor company Luminar

Volvo Cars, the premium car maker, has completed the first strategic investment via its newly-founded investment fund by taking a stake in Luminar, a leading start-up in the development of advanced sensor technology...

Magenta Power sets up India’s first solar based charging station for EVs

Magenta Power, one of the leading service providers of renewable energy solutions in association with Exicom, has installed India’s first solar charging station (DC Fast Charge) for electric vehicles in Turbhe, Navi...




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