Top Indian Automobile Industry News & Updates - 12 Aug 2023,Saturday

🏢 Industry

📝  No plan to reopen application window for PLI auto: Govt
📝  India may see 1 million EVs being sold in the next five years: Tata Motors Executive
📝  Do you have multiple challans pending in Delhi? Your vehicle could be seized. Read this
📝  Fame III for electric vehicles: Govt plans up to INR 50,000 crore outlay
📝  Motown Inc may get Rs 50,000cr fuel to drive green technology
📝  Why EVs are not the best of alternative mobility fuel choices for now
📝  Uttar Pradesh Govt, Servotech sign MoU to manufacture DC fast chargers
📝  IIP growth falls to 3.7% in June
📝  Better to make EVs in current ICE models: Tata Motors
📝  India Electric Mobility Council demands continuation of incentives for electric vehicle sector
📝  Tata Motors leads Indian EV market with a market share of 72%: Canalys
📝  Ministry set to implement two production-linked incentive schemes
📝  PLI disbursement to hit Rs 13,000 cr this year: Official
Read More >>

🎤 Interviews & Features

📝  We will focus on retail growth & realisation improvements going forward: Tata Motors’ ED
📝  Acquisitions to add $5-5.5 billion gross on top line and $2-2.5 billion net: SAMIL management
📝  Car Review: Citroen C3 Aircross, Nice urban SUV, but how urbane?
📝  EV adoption to drive real estate demand
📝  New model should help double our market share to 30%: Ather's Tarun Mehta
📝  C3 Aircross: Third time’s a charm?
Read More >>

🚗 Cars / SUVs

📝  Maruti Suzuki Subscribe introduces pre-fixed buy-back price option
📝  Mahindra XUV300 diesel rivals comparison: Nexon, Venue, Sonet
📝  Kia introduces My Convenience Plus program: Here's what it is
📝  Maruti Suzuki introduces pre-fixed buy-back price option. Here's what it means
📝  Urban Cruiser Taisor nameplate trademarked in India. Is this Toyota’s Fronx-based SUV?
📝  MG Motor hikes price of Hector and Gloster SUVs. Check how much they cost now
📝  2024 Hyundai Santa Fe debuts with a design inspired by Exter
📝  Tata Punch CNG mileage revealed. Check how it compares against Hyundai Exter CNG
📝  After Rumion, Toyota could introduce Maruti Suzuki Fronx based SUV next: Details
📝  New entry-level Mahindra XUV300 priced at Rs 7.99 lakh
Read More >>

Electric-Cars / SUVs

📝  Remember Fiat? Now there is an ‘affordable’ Panda EV being worked on
Read More >>

🚗 Luxury Cars

📝  All-electric MINI Cooper SE Charged Edition launched at Rs 55 lakh
📝  EVs power BMW’s march over Mercedes in July
Read More >>

⛟ Commercial Vehicles

📝  PMI Electro aims to reduce costs by 30%, boost turnover to Rs 1,200 cr
📝  Supreme Ind, REC, Ashok Leyland jump to 52-week high levels after addition to MSCI India Index
Read More >>

🏍 2/3 Wheelers

📝  TVS Motor launches Raider Super Squad Edition priced at INR 98,919
📝  Honda launches CD110 Dream Deluxe starting at INR 73,400
📝  Hero MotoCorp to focus on expanding premium two-wheeler offerings, Q1 FY2024 profits up 32%
📝  Hero MotoCorp reports revenue of ₹8,767 crore in Q1, reports profit of 51%
📝  Royal Enfield Streetwind Eco ‘sustainable’ riding jacket launched: Priced at Rs 5,950
📝  TVS to unveil new motorcycle on September 6. Is this the Apache RTR 310?
📝  Ducati Diavel V4 launched: 5 things to know
Read More >>

🚲 Electric 2/3 Wheelers

📝  Ola Electric reports INR 373 crore topline in FY22; losses widen on scooter sales launch
📝  Ather Energy launches 450S electric scooter at Rs 1.29 lakh
📝  Tork Motors launches Kratos-R Urban trim in India at Rs 1.67 lakh
📝  Simple Energy to launch two e-scooters, trademarks Dot One name
📝  With FAME subsidy slashed, Tork Motors to lower price barrier with new model
📝  Ather 450S first ride review — The entry-level electric sport scooter?
📝  Ather 450S electric scooter first ride review: Worth buying this toned-down 450X?
📝  BNC Motors is to ramp up capacity for its electric bike as bookings swell
📝  TVS teases its upcoming premium Creon-based e-scooter. All we know so far…
📝  Ather Energy aims 30% market share by end of FY24
📝  After Ola and Ather, Simple's low-cost electric scooters launching soon
📝  Ather 450S vs Ola S1 Air: Range, specs, price comparison of entry-level electric scooters
📝  ‘Ather-real’
Read More >>

⚙ Components

📝  Elgi Equipments posts ₹60.5-cr PAT in June quarter
📝  KOEL reports strong Q1 with standalone revenue at record high
Read More >>

🌇 Allied Industries

📝  EV battery maker Exponent eyes funding to grow rapid charging business
📝  Endurance Tech makes smart gains on electrification push, profit grows by 58 percent in Q1 FY2024
📝  Assurance Intl and Goodyear to launch new range of filters and batteries
📝  Amara Raja to set up E Positive Energy Labs in Hyderabad
📝  TVS Supply Chain IPO fully subscribed on day two of subscription
Read More >>

🌢 Fuels, Lubricants & Charging Stations

📝  India raises concerns over oil market volatility with producer countries
📝  Oil prices tick higher on OPEC demand optimism
📝  Low discount? No problem. India has no plans to stop binging on Russian oil
Read More >>

💸 Finance & Insurance

📝  Maruti Suzuki partners with HDFC bank to introduce ‘Xpress Car Loans’
Read More >>

📖 Magazines News

📝  Jeep Compass, Meridian prices hiked
📝  Simple trademarks Dot One name, likely to be low-cost e-scooter
📝  Revolt RV400 now available on Flipkart
📝  New TVS bike launch on September 6, likely to be naked RR310
📝  The journey to Tata Motors' 1,00,000 EV sales milestone
📝  Ather 450S review: Same essence, reduced price
📝  Ather 450 range: variants explained
📝  Branded Content: Kia EV6 - On Point, On trend
Read More >>

📰 International News

📝  Hyundai unveils new Santa Fe SUV with innovative tailgate design
📝  Chip shortage in Germany's car industry will last years says Audi manager
📝  Australia regulator clears way for strike vote at Chevron LNG plants
📝  BYD calls on China automakers to unite, 'demolish the old' in global push
📝  Vietnamese EV maker VinFast gets go-ahead for Nasdaq SPAC listing
📝  US opens investigation into fatal Tesla crash in Virginia
📝  Your next cab ride is here, but without a driver: Autonomous taxis ready for you
📝  Car sales fall again in the world's largest vehicle market. Here's possibly why
📝  Ford's 2024 Mustang defies electric trend with dominance of 5-Liter V-8 orders
📝  Nikola recalls 209 battery-electric trucks, halts sales after fire probe
📝  Ford reaches deal to move industrial unit to Brazil's Bahia state
📝  Chrysler owner calls for focus on reality in UAW labor talks
📝  Changan Ford Motor to set up electric car JV with Chongqing Changan Auto
Read More >>


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