Top Indian Automobile Industry News & Updates - 01 Aug 2023,Tuesday
🏢 Industry
📝 Tresa Motors appoints Vinod K Dasari as Chairman
📝 M&M commits additional ₹500 crore to strengthen its EV infra in Tamil Nadu
📝 India’s semiconductor industry takes centre stage at SemiconIndia 2023 conference
📝 Transport Corp of India's Q1 profit climbs on strong demand
📝 Despite push, EVs make for only 0.26% of total Punjab vehicles
📝 MotoGP Bharat City Tour bikers enthral Ahmedabad on Sunday
📝 Upcoming cars & SUVs in India in August 2023: Punch CNG to Mercedes-Benz GLC
📝 Maruti acquiring Suzuki Gujarat will lead to MSIL making EVs: RC Bhargava
📝 BYD hold on $1 billion EV investment with its India partner
📝 EV truck maker Tresa Motors to invest ₹500–1000 cr in manufacturing and R&D facilities
📝 M&M takes stake in RBL Bank: What are RBI rules on ownership in pvt banks?
📝 Upcoming car launches in August 2023: Volvo C40 Recharge, Tata Punch CNG, 2023 Mercedes Benz GLC and more
📝 NXP Semiconductors willing to set up fab facility in India
📝 Demand drivers
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🎤 Interviews & Features
📝 Maruti Suzuki Q1 margins slightly lower than expected: Naveen Kulkarni
📝 Honda Elevate mileage comparison: Seltos Vs Grand Vitara Vs others
📝 M&M’s tryst with banking puts focus on RBL Bank. But investors must prepare for a long journey.
📝 Designing the future of supply chain with EVs
📝 Quality controls standards and the EV charging ecosystem: All you need to know
📝 'AM/NS India looks to expand its capacity to 40 mt by 2035'
📝 Driverless four wheeler spotted testing in Bengaluru
📝 NIMs should go up by at least 25-30 bps by year end: Ramesh Iyer, Mahindra Finance
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🚗 Cars / SUVs
📝 Maruti Suzuki to end contract manufacturing deal with Suzuki Motor Gujarat
📝 Maruti Suzuki Q1 FY24 PAT up 144% to INR 2,525 cr
📝 Honda Cars India begins production of mid-size SUV Elevate
📝 Nissan offers free 30-point Monsoon check-up for cars till Sept 15
📝 Maruti Q1 net profit doubles on robust sales
📝 Hyundai Alcazar, Creta Adventure Edition to launch soon
📝 Citroen C3 Aircross SUV bookings and delivery timelines revealed for India
📝 Tata Nexon to Volkswagen Polo: These are the safe and affordable used cars in India under ₹10 lakh
📝 Maruti Suzuki to acquire Suzuki Motor Gujarat from Japanese parent co
📝 Kia Seltos facelift SUV deliveries already underway within days of launch
📝 Maruti Suzuki to acquire Suzuki Motor Gujarat plant
📝 Mahindra Thar 5-door has to wait as company gears up for Mahindra Scorpio-N Pick-Up, watch video
📝 Ratan Tata named this iconic SUV to honour former employee, know the story of Tata Sumo
📝 Maruti Suzuki net profit more than doubles on larger sales volume
📝 Planning to buy Nissan Magnite? You may have to wait for up to 5 weeks
📝 Three upcoming SUVs in India under Rs 30 lakh: Tata Safari facelift and more
📝 Honda Elevate production begins: Launch in September
📝 Maruti Suzuki India appoints Yukihiro Yamashita as Joint Managing Director (Engineering and Quality Assurance)
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Electric-Cars / SUVs
📝 Tesla executives discuss India entry plans with country's invest promotion agency. Know more
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🚗 Luxury Cars
📝 Luxury Ride appoints Himanshu Arya as co-founder & CEO
📝 Lexus India introduces ‘Lexus Meraki on Wheels’ to reach the unreached
📝 Aston Martin DB12 India launch slated for September 2023
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⛟ Commercial Vehicles
📝 IIT-M trains more than 2,000 school bus drivers to reduce accidents
📝 Ashok Leyland mulls foray into sub 2-ton LCV segment
📝 CV demand is likely to be under pressure in Q2 due to monsoon rains: Daimler India CEO
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🏍 2/3 Wheelers
📝 Hero MotoCorp, Endurance Technology a play on auto space
📝 2024 BMW G 310 RR and G 310 R to be launched in India soon
📝 Harley-Davidson X440 bookings temporarily paused in India: Here’s why
📝 Honda to introduce a new motorcycle on August 2, could be a Bajaj Pulsar rival. Know more
📝 Royal Enfield to accelerate global ride with product launches, retail & assembly expansion
📝 Bajaj Auto to set up first overseas manufacturing plant in Brazil
📝 Triumph Scrambler 400 X vs Royal Enfield Scram 411: Detailed specs, expected price comparison
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🚲 Electric 2/3 Wheelers
📝 Ola Electric secures 40% share in E2W segment in July
📝 TVS iQube e-scooter sales cross 1.5 lakh units: Check month-wise report
📝 Ola S1 Air: Five things to know
📝 Okinawa Praise Pro review: Electric scooter battling identity crisis
📝 Ola Electric extends ₹1.1 lakh price offer for S1 Air to all till August 15. Know more
📝 Electric two-wheeler registrations recover in July but very modestly
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⚙ Components
📝 Motherson’s shares dip on quarterly results
📝 Bosch Q1 Results: Net profit jumps 22.5% to ₹409.8 crore, revenue up by 17%
📝 Sona BLW plans Rs 1,100-1,200crore capex in next three years
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🌇 Allied Industries
📝 Exponent Energy reveals 15-minute rapid EV battery charging technology
📝 NITI Aayog proposes incentives for processing and refining of minerals in lithium-ion batteries
📝 Log9 Materials and Hala Mobility join on 2-wheeler fast-charging
📝 AI devices on 200 buses to mark grey spots, curb crashes
📝 TelioEV lists around 10,000 EV charging stations on its app
📝 India's steel production can go up to 500 M tonnes by 2050: BHP top exec
📝 India may consider Chinese equipment for ACC batteries under PLI scheme
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🌢 Fuels, Lubricants & Charging Stations
📝 Castrol India reports second quarter results for 2023
📝 Centre increases windfall tax on crude to Rs 4250 per tonne
📝 Yuma Energy appoints Muthu Subramanian as GM and MD
📝 Tata Power launches RFID-enabled cards to support its EV charging ecosystem
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💸 Finance & Insurance
📝 M&M Finance aims to reduce GNPA by 100 bps
📝 Bajaj Finance deposits cross Rs 50,000 crore
📝 The road tax handbook: A complete guide to understanding road tax for vehicle owners in India
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📖 Magazines News
📝 Citroen C3 Aircross fuel economy, booking details, launch timeline revealed
📝 Mahindra to unveil Thar EV concept on August 15
📝 Honda Elevate production begins ahead of September launch
📝 Ola S1 discontinued; S1 Air introductory price window extended till August 15
📝 TVS iQube crosses 1,50,000 sales milestone
📝 Tata Power unveils Ez Charge card for EVs
📝 Bengaluru-based Exponent Energy reveals 15 minute fast-charging tech for EVs
📝 Porsche Cayenne facelift India review: Sporty yet sensible
📝 TVS aims to transition into Smart Mobility Company
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📰 International News
📝 China's Leapmotor unveils new manufacturing platform, wants others to use it
📝 Lamborghini could hit 10,000 sales this year, CEO says
📝 Honda's e:Ny1 SUV to hit European markets with Vitesco Tech E-drive
📝 Foxconn's EV consortium to use BlackBerry's software
📝 UAE petrol, diesel prices for August 2023 raised to highest in 3 months
📝 Toyota to boost EV development and technology in China
📝 Chinese firms ramp up investment in S.Korea to get US EV tax credits
📝 Britain to grant over 100 new North Sea oil and gas licences
📝 US automakers unite to fight Tesla with new EV charging network
📝 Toyota to boost EV development and technology in China
📝 Exxon Mobil in talks with Tesla, Ford to supply lithium
📝 Pirelli gets new board after battle over Chinese influence
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