Top Indian Automobile Industry News & Updates - 30 Aug 2023,Wednesday

🏢 Industry

📝  Nitin Gadkari unveils world's first 100% ethanol powered car developed by Toyota
📝  Next EV policy to focus on charging infra, making incentives attractive: Ashish Kundra
📝  India's Tata Motors, Mahindra and Mahindra gain certificates for production-linked payouts
📝  Centre tweaks PLI auto scheme to better support beneficiaries
📝  Weak monsoon may ruin festive season sales: Industry executives
📝  Mahindra & Mahindra's VC unit head Parag Shah quits, to set up own venture
📝  Toyota working on clean tech for Indian market: Masakazu Yoshimura
📝  Crash test for BNCAP
📝  Titan Engineering Automation plans ₹350–400 crore capex in 3 years
📝  UCAL explores opportunities in EV, alternate energy sectors
📝  Centre extends PLI for autos by another year till FY28
📝  JSW may buy Ford’s shut Chennai plant
📝  World's first flex fuel car will launch in India today: Why this matters
Read More >>

🎤 Interviews & Features

📝  Toyota Rumion vs Maruti Suzuki Ertiga: Prices, Variants, Specs, Features
📝  Shared mobility to play a big role in the electrification journey of India
📝  Crucial benefits of ethanol flex-fuel cars in India vs petrol/diesel vehicles
📝  With Toyota Innova HyCross, 'Flex fuel' technology enters India. What is it all about?
📝  Toyota Innova HyCross launched: 4 reasons why you should switch to an ethanol-powered car
📝  'We prefer to think of our business as B2C' : Arnab Banerjee, MD & CEO, Ceat
📝  PAYD enables customers who drive less to seek better pricing on premiums, says Akanksha Jain of Digit Insurance
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🚗 Cars / SUVs

📝  Maruti expects to invest INR 45,000 cr to double annual capacity to 40 lakh units in 8 yrs: Chairman RC Bhargava
📝  Arnab Roy to replace Ajay Seth as CFO of Maruti Suzuki from Jan 1, 2024
📝  Maruti Suzuki shares surge 0.9% on news of production doubling and new CFO appointment
📝  Volkswagen India opens five new touchpoints in AP, Telangana
📝  Car inventory at dealerships may hit 4-year high
📝  Toyota HyCross flex-fuel MPV launched: Five key benefits of ethanol fuel
📝  Maruti Suzuki aims to make 40 lakh cars annually by 2031, plans to launch six EVs by decade's end
📝  Maruti declares dividend of ₹90 per share, highest-ever in last 40 years
📝  Toyota's Rumion launched in India, check price, variant, and specifications
📝  Maruti likely to invest Rs 45,000 crore to double production capacity: Chairman RC Bhargava
Read More >>

Electric-Cars / SUVs

📝  ‘TATA.ev’ is the new brand identity of Tata Passenger Electric Mobility
📝  Tata Nexon EV facelift to launch soon: What to expect
📝  From campus to racetrack: IIT Madras and CSM Tech collaborate to develop high-speed electric car
Read More >>

🚗 Luxury Cars

📝  Santosh Iyer on India’s luxury market sales, growth strategy for Mercedes-Benz, Interview
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⛟ Commercial Vehicles

📝  Blue Energy Motors bags CONCOR order for 100 LNG trucks
📝  Tata, Ashok Leyland want to drive green trucks. But will fleet owners shell out a high upfront cost?
📝  Centre plans to announce Rs 57K cr PM e-Bus Sewa guidelines within a month
Read More >>

🏍 2/3 Wheelers

📝  Hero MotoCorp launches Karizma XMR at INR 1.73 lakh
📝  Hero MotoCorp planning to launch multiple premium motorcycles & scooters in next two years
📝  Royal Enfield Guerilla 450 trademark filed— a more hardcore Himalayan?
📝  2023 Honda Hornet 2.0 launched: 5 things to know
📝  2023 Honda Hornet 2.0 vs TVS Apache RTR 180 comparison
📝  2024 KTM Duke 125: Top 5 upgrades over old model
📝  Iconic Hero Karizma makes a comeback after nearly a decade as the Karizma XMR
📝  2023 Hero Karizma XMR 210 launched. Price, design, specs and all you need to know
📝  Hero MotoCorp expects to grow in premium segment motorcycles
📝  2023 Hero Karizma XMR launched: Top things to know about this Bajaj Pulsar rival
📝  After ride with Harley, Hero now gets the Karizma back
📝  Growth of revenue, market share is top priority: Hero MotoCorp CEO
📝  Hero to expand its premium portfolio
📝  TVS Motor revs up with strong outlook, market share gains, new launches
📝  Hero to launch eight premium bikes
Read More >>

🚲 Electric 2/3 Wheelers

📝  Ola S1 range gets over 75,000 bookings in 14 days
📝  E-kick scooter solves issues of last-mile connectivity in Pune
Read More >>

⚙ Components

📝  Tata Power arm to set up 4.4 MW solar project for ANAND Group
📝  Kalyani Forge charts Vision 2027 plan to double revenue with 50% export share
Read More >>

🌇 Allied Industries

📝  Greaves Retail launches E-rickshaw battery range ‘Power Raja’
📝  R. Dinesh takes over as Chairman of TVS Supply Chain Solutions Ltd.
📝  APAC EV battery market to register CAGR of 13.3% over 2023-28: GlobalData
📝  Simple Energy partners ReadyAssist for aftersales support
Read More >>

🌢 Fuels, Lubricants & Charging Stations

📝  Gulf Oil Lubricants scouting for more acquisitions in the EV charging infra space
📝  ONGC to invest Rs 2 trillion for net zero emissions by 2038
📝  Oil steadies as demand worries counter supply concerns
📝  Flex fuel technology makes its way into India: Everything you need to know
📝  Bangladesh, Sri Lanka interested in importing ethanol from India
📝  ONGC forecasts robust crude oil production growth, sets sights on green energy investment
📝  Ethanol blending crucial to political fortunes as sugarcane grown in 189 constituencies: Gadkari
Read More >>

💸 Finance & Insurance

📝  Compensation claims in road accidents need not be proven like criminal cases: HC
Read More >>

📖 Magazines News

📝  Cayenne Turbo E Hybrid is Porsche's most powerful ICE SUV
📝  Honda Elevate ZX, V witnessing higher customer interest
📝  Hero Karizma XMR launched at Rs 1.73 lakh
📝  Toyota Innova Hycross Flex Fuel prototype revealed
📝  Tata Nexon facelift: features to expect on each trim
📝  Tata.ev is the new name for Tata Motors electric vehicle business
📝  New Ola S1 range receives over 75,000 bookings
📝  2023 Honda Hornet 2.0 launched at Rs 1.39 lakh
📝  Hero Karizma XMR vs rivals: specifications comparison
📝  Toyota Rumion vs Maruti Suzuki Ertiga: what’s different?
Read More >>

📰 International News

📝  Toyota to restart Japan production on Wednesday after system failure
📝  Toyota's Japan production at standstill as system failure hits assembly plants
📝  Toyota factories in Japan hit by massive glitch
📝  Boon or blight? E-scooters around the world
📝  Indonesia widens subsidy access for electric bikes after poor uptake
📝  Inceptio sees big jump in China sales of driver-assist truck tech, plans overseas foray
📝  Lordstown hopeful to find buyer for all or some parts of business
📝  Xiaomi revenue drops but EV strategy ahead of schedule
📝  Chinese auto price war impacts BYD’s growth
📝  2024 Porsche Cayenne Turbo E-Hybrid marks global debut: Clocks 0-100 kmph in 3.6s
Read More >>


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