Top Indian Automobile Industry News & Updates - 28 April 2023,Friday
🏢 Industry
📝 Zingbus launches shared intercity electric cabs
📝 Tesla Power USA ties up with IOCL for battery sales in India
📝 India most promising growth driver for Citroen: CEO Koskas
📝 Govt releases standard operating procedure under PLI scheme for automobile sector
📝 Unveiling of FAME 3 scheme hinges on unspent scheme funds by FY24 end
📝 India to play a key role for Citroen: CEO
📝 Call on FAME III if funds left after FAME II lapses: Official
📝 Upcoming cars set to arrive in May, Maruti Suzuki Jimny, BMW M2 and more.
📝 Niche batteries for electric future may get ₹3k cr sops
📝 Sajjan Jindal-led JSW Group denies picking up stake in MG Motors, BYD Group
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🎤 Interviews & Features
📝 More models, network expansion key strategy to lift volumes in India: Thierry Koskas, Citroën CEO
📝 MG Comet vs Maruti Suzuki Swift: Petrol or EV, which one to pick?
📝 We expect an improvement in chip situation from second quarter onwards: RC Bhargava, Maruti Suzuki
📝 Citroen C3 Aircross SUV: Top five things to know about this Creta rival
📝 There’s a case for small electric cars on Indian streets
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🚗 Cars / SUVs
📝 Citroën reveals made-for-India C3 Aircross
📝 Maruti Suzuki to set up new plant with 10 lakh capacity, to launch Toyota-based 3-row strong hybrid in 2 months
📝 Maruti earnings may rise on better product mix, market share gain
📝 Maruti zips past a big milestone, but will it regain its lost mojo?
📝 Hyundai Ioniq 5 EV deliveries begin in India: Priced from Rs 45.95 lakh
📝 Volkswagen India inaugurates new dealership in Perumbavoor
📝 Maruti Suzuki looking at electric and hybrids driving future growth
📝 Meet RC Bhargava, IAS topper, Maruti Suzuki's 3rd worker who quit civil services due to Rs 2250 salary
📝 CNG models make up a third of Maruti Suzuki’s total pending order book
📝 Maruti sees chip hurdle continue in Q1
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Electric-Cars / SUVs
📝 MG Comet Review: Here’s why you should NOT buy this zippy little electric car
📝 MG Comet EV: A harbinger of urban mobility?
📝 The comedy on Comet turns bitter
📝 MG Comet EV first drive review: Tiny car with twinkling dreams
📝 Clash of small EVs looms as MG Comet takes battle to Tiago camp
📝 Back MG Comet EV vs Tata Tiago EV: Comparison between affordable EVs in India
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🚗 Luxury Cars
📝 BMW India discontinues these variants of 5 Series sedan, offers two new options
📝 Audi India opens new 3S facility in Raipur, Chhattisgarh
📝 2023 Porsche Cayenne facelift prices announced for India
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⛟ Commercial Vehicles
📝 KSH Distriparks invests in 40 new trailers to strengthen its fleet
📝 Daimler registers 37% revenue growth in CY 2022
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🏍 2/3 Wheelers
📝 Honda Shine 100 vs Hero Splendor Plus vs Bajaj Platina: Price, specs comparison
📝 Made-in-India RE Hunter 350 launched in the US at double the price: Details
📝 Bajaj Auto gains 3%, hits new peak post Q4 nos on healthy growth prospects
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🚲 Electric 2/3 Wheelers
📝 Matter partners with Flipkart for Aera e-bike pre-booking
📝 Komaki Ranger electric cruiser gets updates for 2023
📝 Electric 2-wheeler players take on heavy industries dept on FAME 2
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🌇 Allied Industries
📝 RACEnergy clears AIS-156 Phase 2 certification for swappable batteries in India
📝 Tyre sector revenue to grow 7-9% in FY24 with better replacement demand: ICRA
📝 TVS Supply Chain Solutions reduces IPO size
📝 Mobileye cuts revenue forecast on slow China EV demand, shares sink
📝 KPIT Tech net income grows 41.5% to INR 111 cr in March qtr
📝 TSMC aims to get newest chip technology into cars faster
📝 Lists of documents for driving licence expanded
📝 Taparia Tools launches Cut-off Wheels
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🌢 Fuels, Lubricants & Charging Stations
📝 Himachal govt, Oil India sign MoU to harness renewable energy sources
📝 CPCL profit zooms to ₹3,534 crore in FY23
📝 Oil slips below $78, but reduction in domestic pump prices unlikely soon
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💸 Finance & Insurance
📝 Analysts divided over Bajaj Finance despite strong Q4
📝 Shriram Finance Q4 PAT up 21% y-o-y, falls 26% q-o-q on merger integration
📝 Bajaj Finserv Q4 profit rises by 31% to Rs 1,769cr
📝 Why are motor insurance premiums for electric vehicles generally higher? An explainer
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📖 Magazines News
📝 Next-gen Skoda Superb, Kodiaq teased; global debut later this year
📝 Citroen C3 Aircross makes global debut; India launch in late 2023
📝 Maruti Suzuki confirms premium MPV; launch by July 2023
📝 Harley-Davidson CVO Street Glide, CVO Road Glide unveiled
📝 Royal Enfield Himalayan 450 inches closer to launch
📝 Royal Enfield 350cc single-seat bobber spied with whitewall tyres
📝 MG Comet EV India review: Box of Tricks
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📰 International News
📝 Toyota edges past 9.1 mn vehicle output goal, warns chip shortage lingering
📝 Elon, or deepfake? Musk must face questions on Autopilot statements
📝 Global connected car sales grew 12% in 2022, Volkswagen leads: Report
📝 Continental extends term of Nikolai Setzer as CEO, appoints new board member for automotive group sector
📝 Hertz profit falls on higher vehicle maintenance costs
📝 Continental, Aurora to jointly develop self-driving systems for trucks
📝 Caterpillar's Q1 profit rises on resilient demand, higher prices
📝 Chinese EV giant BYD's first-quarter profit jumps fivefold
📝 French tyre maker Michelin confirms 2023 guidance after Q1 sales rise
📝 Hyundai Motor to exit Russia, selling its plants - media report
📝 Shift to electric cars gives design centers a new look, too
📝 Volvo Cars plans cost cuts as first-quarter profit drops
📝 U.S. Senate votes to overturn heavy duty truck emissions rules
📝 Norsk Hydro to supply Porsche with low-carbon aluminium
📝 Toyota supplier Denso posts 86% rise in Q4 profit
📝 Mercedes-Benz exits Russian market with buyback option
📝 Ford Bronco, Ranger recalled after wheel falls off due to loose lug nut
📝 Lamborghini Revuelto's plug-in hybrid powertrain can spit fire, shows video
📝 Land Rover Defender 130 is a long 5-seater with V8!
📝 Valeo Q1 2023 sales up 15 percent to Rs 50,000 cr
📝 Honda CEO says Chinese electric car makers are well ahead, vows to fight back
📝 German lithium-sulfur battery startup Theion appoints Martin Schaupp as CTO and Matthias Fengler as CFO
📝 EVs are technically superior to e-fuel combustion cars, says Mercedes-Benz
📝 Bosch to buy TSI Semiconductors, invest $1.5 billion to expand US output
📝 Harley earnings beat despite tepid North American retail sales
📝 UK car production rises 6.1% in March - industry body
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