Top Indian Automobile Industry News & Updates - 09 Aug 2023,Wednesday

🏢 Industry

📝  Meet Tesla's new CFO: 5 key facts about Vaibhav Taneja
📝  Hyundai's Executive Chair Euisun Chung fuels EV war in India with proposal for exclusive leadership
📝  Tata Motors to remain focused on profitability, growth and cash flows, says Chairman Chandrasekaran
📝  Hyundai delegation calls on Tamil Nadu CM to boost ties
📝  MG Motor completes 100 years: Performance in India so far
📝  Automobile retail sales witness 10 per cent growth in July: FADA
📝  Meet Vaibhav Taneja, the Indian-American DU graduate taking over as Tesla's CFO
📝  Future is electric, but this newly formed German company bets on ICE, and India
📝  Kolkata’s demand for pre-owned cars spike 93% amid changing automotive trends, CARS24 says
📝  Indian Railways to launch new rakes designed for SUVs
📝  Tata Motors to launch 4 EVs by early next year; plans hydrogen trucks, but no hybrids
📝  Will Jammu and Kashmir lithium mines really make Indian EVs cheaper? Unfiltered truth explained
📝  The meteoric rise of Tesla's new CFO Vaibhav Taneja
📝  DVR share swap to cost ₹100cr: TaMo
📝  Passenger vehicle inventory at three-year high
Read More >>

🎤 Interviews & Features

📝  Windshields with virtual head-up display to become common soon
📝  Mahindra XUV400 updated with these new features. Check it out
📝  Aiming for 20% of sales to be EV-driven by 2031: Maruti's R C Bhargava
📝  Sponsored content. Electric vs Fuel Cars: Impact on Motor Insurance
Read More >>

🚗 Cars / SUVs

📝  Maruti Suzuki to acquire SMG shares through equity swap
📝  Stellantis contemplates Fiat relaunch in India
📝  Maruti races ahead in SUV sales in July
📝  Japan's Suzuki to get bigger stake in Maruti after sale of plant
📝  Maruti Suzuki Invicto sales cross 750 units in the first month: Bookings surpass 10,000 mark
📝  Top 10 best-selling SUVs in India for July 2023: Brezza beats Creta, Nexon
📝  Hyundai to launch 5 EV models in India by 2032
📝  New Hyundai Santa Fe to officially debut on August 10, more details to reveal
📝  Maruti okays shares on preferential basis to acquire Gujarat plant from Suzuki
📝  Hyundai Exter vs Tata Punch? Which CNG SUV suits your budget?
📝  India’s highest selling SUV gets new special edition, Hyundai Creta Adventure Edition launched at Rs 15.17 lakh
📝  Maruti board okays issue of shares on preferential basis to parent SMC for 100% stake in SMG
📝  Maruti approves issue of shares to parent Suzuki Motor for 100% stake in Gujarat plant
Read More >>

Electric-Cars / SUVs

📝  Hyundai to launch more electric vehicles in India
📝  Mahindra Thar available with massive discount ahead of Thar EV concept unveil, check details
Read More >>

🚗 Luxury Cars

📝  2023 Mercedes-Benz GLC review: Sure shot blockbuster?
📝  Audi India inaugurates new Audi Approved: plus facility in Noida
📝  India’s luxury vehicle market will hit record high by yearend: Lexus India president
📝  2023 Mercedes-Benz GLC India launch today, Live and latest updates
Read More >>

⛟ Commercial Vehicles

📝  NEC Corporation India to pioneer Intelligent Transportation System in UPSRTC buses
📝  Pvt bus operators urge Bengal govt to extend 15-year time frame on commercial vehicles by 2 years
📝  Govt to unveil Rs 4,126 crore 'payment security fund' for e-buses
Read More >>

🏗 Construction & Agri Machinery

📝  Haryana seeks cooperation from Rajasthan to curb menace of overloading of mining vehicles
📝  armers received 15.23 lakh agri machinery under Central scheme since 2014-15
Read More >>

🏍 2/3 Wheelers

📝  Hero MotoCorp receives over 25,000 bookings for Harley-Davidson X440
📝  Honda launches 2023 SP160 in 2 variants; price starts at INR 1.17 lakh
📝  Hero MotoCorp halts booking for India-made Harley Davidson
📝  Ducati Diavel V4 launched in India; Ranveer Singh new brand ambassador
📝   Hero MotoCorp share price rallies over 4% as Harley Davidson X440 receives over 25,000 bookings
📝  TVS Raider 125 Marvel Edition teased; launch on August 11
📝  How to get better mileage from your motorcycle. Key tips
📝  2024 Kawasaki Ninja 650 launched at Rs 7.16 lakh: Specs, features, and more
Read More >>

🚲 Electric 2/3 Wheelers

📝  Ola CEO Bhavish Aggarwal slams journalist for leaking confidential images of upcoming EV
📝  Ather to launch three electric scooters on 11th August: Details
Read More >>

⚙ Components

📝  Rane Group companies bag ₹331-crore worth of new orders in Q1
Read More >>

🌇 Allied Industries

📝  Exide Industries expects to regain pre-covid margin in 1-2 years
📝  VoltUp introduces PowerCore 2.0 battery with better safety, longer life
📝  Balkrishna Industries stock tumbles 1.5% on Q1 report; brokerages issue mixed calls
📝  TVS Supply Chain IPO opens this week. GMP, price, other details you should know
📝  PLI 2.0 in works for steel, to focus on import substitution
Read More >>

🌢 Fuels, Lubricants & Charging Stations

📝  Oil prices edge up as production cuts keep market supported
📝  India's July fuel demand up 1.9% year on year
📝  MG Motor to install 100 EV chargers in Bengaluru
📝  Why EVs are not the best of alternative mobility fuel choices for now
Read More >>

💸 Finance & Insurance

📝  Bajaj Finance partners with new partner ICICI Lombard General Insurance to offer motor insurance policies
📝  Altigreen partners with Mufin Green Finance to drive green mobility solutions
📝  Honda Cars India and Bajaj Finance collaborate to provide financial schemes
📝  Shriram Group tycoon who gave away $750 mn sees profit in loans to poor
Read More >>

📖 Magazines News

📝  Land Rover confirms smaller Defender, to join line-up by 2027
📝  New BMW 5 Series LWB revealed, likely to come to India
📝  Tata confirms four new electric SUVs by early 2024
📝  Updated Mahindra XUV400 priced at Rs 19.19 lakh; gets 8 new features
📝  Honda confident of strong crash test result for Elevate
📝  Ducati Diavel V4 launched at Rs 25.91 lakh
📝  Honda SP160 launched at Rs 1.18 lakh
📝  Harley Davidson X440 gathers more than 25,000 bookings
📝  Hyundai confirms five EVs by 2032
📝  2023 Mercedes-Benz GLC review: A star reborn?
Read More >>

📰 International News

📝  BorgWarner begins supply of integrated drive modules to Li Auto in China
📝  Taiwan chipmaker TSMC approves USD 3.8 bn Germany factory plan
📝  Italy seeks deal by end of year with Stellantis on car industry plan
📝  US agency opens probe into 1.1 mn Ram 1500 pickup trucks
📝  Audi RS6 sedan likely to return as an EV in 2025. Details here
📝  China's car sales fall for 2nd month in July as price war continues
📝  Rivian lifts 2023 EV production target, reassures on liquidity
Read More >>


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