Top Indian Automobile Industry News & Updates - 11 Aug 2023,Friday
🏢 Industry
📝 India Electric Mobility Council demands continuation of incentives for electric vehicle sector
📝 Auto wholesales in July 2023 grow by 2.6%; 2-wheelers fall by 7.2%: SIAM
📝 Domestic PV sales scale new high in July on SUV demand
📝 Car companies gear up to celebrate festive season with a bang
📝 CarTrade Tech shares jump 7% as Q1 PAT soars 300% YoY
📝 World Biofuel Day 2023: SIAM international meet highlights role of biofuels in sustainable mobility
📝 Number of EVs in India grew 50-fold in last ten years, but still not even 1% of non-EVs
📝 Tata Motors clears key step for mfg incentive
📝 Force Motors hits 10% upper circuit on stellar performance in Q1
📝 Ola’s losses widen to Rs 1,522 crore in FY22; EV arm Ola Electric’s losses rise manifold
📝 Ola Cabs loss doubles widening to Rs 3,082 crore in financial year 2021-22
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🎤 Interviews & Features
📝 Biofuel: Future of automobile industry?
📝 Alternative fuels bridging the gap to net zero
📝 How to safely charge an electric vehicle: Lower fire, explosion chances
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🚗 Cars / SUVs
📝 Toyota Kirloskar brings Ertiga-based Rumion, expects MPVs to keep pace with SUVs
📝 Toyota Kirloskar unveils new MPV Rumion; price to be announced soon
📝 Mahindra XUV300 becomes more affordable– new base variants launched
📝 Mahindra gifts Thar SUV to boxer Nikhat Zareen for winning World Women's Boxing Championship in 2023
📝 Maruti Suzuki brings HDFC Bank ‘Xpress Car Loans’ feature to its Smart Finance platform
📝 Top 10 hatchbacks sold in July- Maruti dominates with Swift, Baleno, WagonR
📝 Toyota Seeks to Expand its MPV Play with Rumion Launch
📝 Force Motors surges 10%, hits over 5-year high on stellar Q1 performance
📝 Tata Safari facelift test mule reveals exterior details: Images inside
📝 Buying a Mahindra XUV300 just got cheaper at Rs 7.99 lakh: Two new variants launched
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Electric-Cars / SUVs
📝 Kia EV5 SUV near its global debut: Here’s what to expect
📝 After EV6 and EV9, Kia to unveil its third electric SUV EV5 at Chengdu Motor Show
📝 Tata Punch EV may debut in November, 2023: Report
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🚗 Luxury Cars
📝 Audi India opens bookings for Q8 e-tron and Q8 Sportback e-tron at INR 5 lakh
📝 Mini Charged Edition launched in India priced at INR 55 lakh
📝 Mercedes launches next-gen GLC in India, the price starts at 73.5 lakh
📝 Jacqueline Fernandez buys new super expensive BMW i7 electric car, priced at Rs 2 crore
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⛟ Commercial Vehicles
📝 UP govt to run e-buses for 5 districts including Ayodhya
📝 Pvt bus hiring scheme extended across state in Panaji
📝 NMC’s transport wing plans EV bus operations by Oct-end
📝 Top-level rejig: Akash Passey to succeed Suresh KV as President of ZF India
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🏍 2/3 Wheelers
📝 2023 Honda SP160: Top 5 things you need to know
📝 Hero MotoCorp Q1 net up 19.63% at Rs 700.54 crore
📝 Hero MotoCorp Q1 Results: PAT zooms 32% YoY to Rs 825 crore, revenue rises 4%
📝 Come September TVS RTR 310 will be launched: What to expect
📝 Royal Enfield Streetwind Eco Riding Jacket launched, uses 100% recycled materials
📝 TVS Raider Marvel Edition to launch tomorrow: What to expect?
📝 July 2-wheeler sales decline as erratic rains hit rural demand
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🚲 Electric 2/3 Wheelers
📝 Revolt’s RV400 sales launched on Flipkart
📝 Ather 450S electric scooter launching tomorrow. Key things to expect
📝 2023 Ola S1 Air — What’s new?
📝 Mahindra e-Alfa Super rickshaw launched with higher range
📝 TVS drops new teaser for upcoming premium Creon-based e-scooter. What we know
📝 Ola revenue up 2X in FY22; losses widen as costs rise
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⚙ Components
📝 Samvardhana Motherson posts INR 601 cr profit in Q1 FY24
📝 Bharat Forge reports 33% increase in consolidated net profit at INR 213.73 cr in Q1
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🌇 Allied Industries
📝 Akash Passey replaces Suresh KV as President of ZF Group, India
📝 Apollo Tyres Q1 net profit jumps to Rs 397 crore
📝 Assurance Intl, Goodyear unveil new range of filters, batteries in India
📝 Greaves Cotton standalone EBITDA for Q1, FY24 at INR 45 cr
📝 The new technology that is making cars easier for criminals to steal, or crash
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🌢 Fuels, Lubricants & Charging Stations
📝 Greenfuel Energy partners with Ventrex for green energy control solutions
📝 Gulf Oil Lubricants partners Lazy Rangers Motorcyclists Confederation to promote road safety
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🌍 Emissions/Environment
📝 Travel by Delhi Metro cuts 32gm of CO2 per km
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💸 Finance & Insurance
📝 Ride with Confidence: Unlocking the 7 Superpowers of Third-Party Bike Insurance
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📖 Magazines News
📝 Audi Q8 e-tron bookings open for Rs 5 lakh
📝 Ather 450S to be joined by 2 more new scooters on August 11
📝 Mini Cooper SE Charged Edition launched at Rs 55 lakh
📝 New Mahindra XUV300 W2 launched at Rs 7.99 lakh
📝 Toyota registers Urban Cruiser Taisor trademark
📝 Toyota Rumion MPV revealed
📝 New TVS bike launch on September 6, likely to be naked RR310
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📰 International News
📝 2025 Escalade IQ joins Cadillac's growing all-electric family
📝 Mercedes-AMG C63 and E63 to return to using V8 engines in 2026. Details here
📝 Indonesia to relax timetable for EV credits in bid for investment
📝 China EV brand Zeekr to launch its first luxury sports car
📝 Carvana shares gain after co expects Q3 core profit to be above USD 75 mln
📝 One-off Lamborghini Huracan Sterrato Opera Unica's paint took 370 hours to apply
📝 What if Germany stopped making cars?
📝 Ford exec expects software to boost revenue for commercial trucks, vans
📝 China's Hozon to start selling Neta EVs in Indonesia from Q4
📝 Lithium mine auctions in China's Sichuan draw thousands of high bids
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