Hyundai unveils i20 under N Line; to bring in more models in next few years
Hyundai Motor India unveiled i20 N Line, its first model under the performance-oriented N Line product range in the country, as it looks to cater to the customers who yearn for sporty vehicles
View ArticleAutomobile dealers seek protection from sudden exits by global auto makers
FADA on Tuesday asked government to put in place a system to protect dealers from sudden exits by multinational manufacturers, saying it hampers entrepreneurship also hurts India's brand value.
View ArticleFADA seeks policy to protect dealers from sudden exit of manufacturers
Also demands industry status for auto retail so it can access priority lending from banks, ECBs, financing from top lenders, PE investments, apart from getting more tax benefits
View ArticleTransition of automobiles towards electric mobility inevitable: NITI Aayog
The transition of automobiles towards electric mobility is inevitable and it is for the auto industry to make the change and drive it to make India a global leader in EVs, Niti Aayog CEO Amitabh Kant
View ArticleKeep pace with changing technology: Revenue Secretary to automakers
Tarun Bajaj asked automakers to do a deeper analysis on why car sales are not going up even though income levels of people are rising, and exhorted the industry to keep pace with changing tech
View ArticleDelhi transport department to focus on procuring electric buses
In a bid to boost public transport without raising the city's air pollution, the Transport Department of Delhi government has now decided to focus on procurement of electric buses, officials said
View ArticleGovt aims to raise auto sector contribution to GDP, job creation: Gadkari
The government looks to increase contribution of automobile sector to India's GDP to 12 per cent from the present 7.1 per cent and grow employment generation to 50 million from the current 37 million
View ArticleIndia revenue secretary says open to 'tinkering' tax rates on automobiles
India is open to discussing a change in tax rates on automobiles, the country's revenue secretary said on Wednesday, indicating receptiveness over negotiation on a long-standing request from automaker
View ArticleNitin Gadkari urges vehicle makers to discourage diesel engines
Union Road Transport and Highways Minister Nitin Gadkari on Wednesday asked vehicle manufacturers to discourage production and sale of diesel engine vehicles, and urged them to promote other...
View ArticleBoost localisation of automotive parts, reduce import dependency: Kant
The Indian automobile and components industry must eliminate its import dependence on China for a host of automotive parts and must focus on localisation of such items, Niti Aayog's Amitabh Kant said
View ArticleIndia offers huge opportunities for vehicle manufacturers: Nissan COO
India offers huge opportunities for vehicle manufacturers and electrification is the pillar that could transform the country's automotive industry, Nissan Motor Corporation COO Ashwani Gupta said
View ArticleAuto parts industry may see 20-23% jump in revenue this fiscal: Report
The auto components industry is expected to log 20-23 per cent revenue growth during this fiscal, supported by recovery in the domestic automobile sector and robust exports, with all segments...
View ArticleSun Mobility starts new service, aims to onboard a million vehicles by 2025
It has already commenced MaaS deployment for goods delivery in Delhi NCR, Bengaluru and Chandigarh; plans to expand to other cities soon
View ArticleEvergrande electric vehicle unit loses $80 billion in worst stock rout
China Evergrande New Energy Vehicle Group Ltd. sank as much as 22% Thursday after its parent said the unit lost 4.8 billion yuan ($740 million) in the first half
View ArticleMaruti Suzuki commences sixth round of MAIL initiative
Maruti Suzuki India on Friday said it has commenced taking applications for the sixth round of its Mobility and Automobile Innovation Lab (MAIL) programme. Early-stage startups working in mobility and...
View ArticleTata Motors gets NCLT nod for hiving off PVs business into separate entity
The company's management has so far stated that it has not taken a decision on a partner.
View ArticleACMA appoints Sona Comstar Chairman Sunjay J Kapur as President
Auto components industry body ACMA on Friday said it has appointed Sona Comstar Chairman Sunjay J Kapur as its new President for a two-year term
View ArticleToyota halts self-driving e-Palette vehicles after Olympic village accident
In a YouTube video, Toyota Chief Executive Akio Toyoda apologized for the incident and said he offered to meet the person but was unable to do so
View ArticleGovernment introduces new registration mark for personal vehicles
A vehicle bearing this registration mark will not require a new registration mark when the owner of the vehicle shifts from one state to another
View ArticleFestive push: Healthy sales expected despite Covid fears says Hyundai
Automobile major Hyundai Motor India expects healthy sales during the upcoming festive season which will be supported by pent-up demand in the coming months.
View Article