Top Indian Automobile Industry News & Updates - 04 May 2023,Thursday
🏢 Industry
📝 SMEV welcomes MHI efforts to sort out issues with OEMs
📝 Shift to EVs requires storage solutions: says, Tarun Kapoor, Advisor to PM at IESW 2023
📝 Test agency give clean chit to 6 electric two-wheeler firms in violation of FAME norms
📝 EV SaaS startup Kazam raises USD 3.6 mn in round led by Avaana Climate Fund
📝 After India, S.Korea calls for strict safety standards over EV fires
📝 Quality standards for drones and EVs in works, says Piyush Goyal
📝 Mahindra & Mahindra overall sales increase by 36 pc to 62,294 units in April
Read More >>
🎤 Interviews & Features
📝 Toyota Innova Hycross vs Innova Crysta: Price, specs, features comparison
📝 Jitendra V Adhia clarifies why Atul Auto fell 70% on monthly basis
📝 Used cars: A market waiting to be tapped by organised players
📝 Renault updates Kiger RXT(O) variant with 8-inch touchscreen infotainment system, 16-inch diamond-cut alloy wheels and o
Read More >>
🚗 Cars / SUVs
📝 Honda Elevate SUV officially announced: India debut next month
📝 Tata Nexon and Punch SUVs among other cars to cost more now. Check prices
📝 Indian-made Volkswagen Virtus launched in South Africa: Here’s what’s different
📝 MG Motor India's "Drive Her Back" initiative to empower women after career break
📝 Half-a-dozen new SUVs to jostle for space in India over next two years
📝 Hyundai to launch Creta N Line next year in India
📝 Sedans stage fightback against SUVs in the US. Can challenge come in India too?
📝 Maruti Suzuki Fronx vs rivals: Price and specs comparison
📝 Tata Altroz CNG to get sunroof option, to be first of it's kind
Read More >>
🚗 Luxury Cars
📝 New Audi Q3, Q3 Sportback to be produced locally
📝 Virat Kohli’s car collection – See what RCB’s ex-captain has in his garage!
📝 Rolls-Royce Dawn heads to dusk as it nears end of production
Read More >>
🏍 2/3 Wheelers
📝 Jawa Yezdi Motorcycles range enhanced for better riding experience
📝 Honda Motorcycle & Scooter India commences all India dispatches of Shine
📝 Royal Enfield April 2023 sales stable, sold 73,136 units
📝 Triumph Speed Triple R rival: Ducati Monster SP launched at Rs 15.95 lakh
📝 Honda commences despatches of Shine 100, the most affordable bike from the brand
📝 New-gen Bullet 350 to Himalayan 450: 5 upcoming Royal Enfield motorcycles
📝 Pickup in domestic demand counters slowdown in exports for Bajaj Auto
📝 Ducati Monster SP unleashed in India with 111 hp! Check price and other details
📝 Price hikes to favor Hero Moto's Q4 revenues; margins may expand: Analysts
📝 TVS Motor to refund INR 20 crore to customers as goodwill benefit scheme
Read More >>
🚲 Electric 2/3 Wheelers
📝 VIDA, powered by Hero, plans to expand to 100 cities by 2023-end
📝 Ather, TVS, Hero MotoCorp to refund charger cost to buyers
📝 Okinawa in talks to raise $100 million for third manufacturing plant
📝 Hero MotoCorp cuts prices of Vida electric scooters by upto ₹25,000
📝 Vida V1 Pro and V1 Plus electric scooters prices reduced, starts at ₹1.20 lakh
📝 Okinawa, Hero Electric fined Rs 249 crore for FAME II EV subsidy violations
📝 E-scooter firms to refund ₹288 cr to EV charger buyers
📝 TVS Motor to refund Rs 20 crore to customers as goodwill benefit scheme
Read More >>
⚙ Components
📝 Sona BLW Precision Forgings Ltd clocks INR 744 cr revenue in Q4 FY23
📝 Minda Corp approaches CCI to increase stake in Pricol to 24.5 pc
📝 Uno Minda announces key leadership changes; CFO Sunil Bohra to take up additional responsibility
📝 Rane Brake Lining Q4 standalone net declines 8% to ₹12 cr.
📝 Go-ahead for sale of RINL’s forged wheel unit
Read More >>
🌇 Allied Industries
📝 Visteon opens display bonding centre in Chennai
📝 MRF's profit soars on cooling rubber prices, higher demand
📝 MRF Q4 Results: Profit surges 86% YoY to Rs 313 crore; Rs 169/share dividend declared
📝 MRF Q4 net nearly trebles, pays ₹169 a share
📝 DriveX to thrive as an affordable mobility solution provider, says Narain Karthikeyan
📝 Apollo Tyres ropes in SAP on its way to go digital
📝 TVS Supply Chain Solution files fresh draft papers for IPO; cuts issue size to Rs 750 crore
Read More >>
🌢 Fuels, Lubricants & Charging Stations
📝 India eyes sugarcane model to raise maize output to meet 20% ethanol blending target
Read More >>
💸 Finance & Insurance
📝 Altigreen teams up with Sundaram Finance to offer customized retail financing solutions
📝 How to Recognize if Bike Insurance is Cashless or Not?
Read More >>
📖 Magazines News
📝 Honda Elevate name confirmed for new Creta rivalling SUV
📝 Rolls Royce Dawn production ends after seven years
📝 Audi Q3, Q3 Sportback India production begins
📝 Tata Altroz CNG to get sunroof in 3 variants
📝 Discounts of up to Rs 50,000 on Hyundai Kona, i20, Aura, Grand i10 Nios in May 2023
📝 2023 Harley-Davidson Electra Glide Highway King unveiled
📝 Vida V1 price dropped by Rs 25,000, now starts at Rs 1.20 lakh
📝 Jawa 42 models, Perak and Yezdi line-up receive OBD-2 update
📝 Royal Enfield Interceptor, Continental GT 650 to get Tripper soon
📝 Hero Passion XPro spied on ad shoot ahead of India launch
📝 Honda transforms vehicle safety in the New City with Honda Sensing technology
📝 Discounts of up to Rs 62,000 on Renault Kwid, Triber, Kiger in May 2023
📝 Top bikes, scooters launching in India in the coming months
Read More >>
📰 International News
📝 Former Audi boss agrees deal to make confession in diesel emissions scandal
📝 Ford slashes prices on Mustang Mach-E electric vehicle to compete with Tesla
📝 US Senator Rubio seeks probe of Ford's Chinese partnership on nickel plant
📝 Stellantis says easing chip crunch boosts sales
📝 Porsche sees 25% operating profit jump in Q1 on record deliveries
📝 Indonesia cuts tax breaks to discourage low quality nickel investment
📝 Tesla resumes US orders for Model 3 long-range version at lower price
📝 Thailand in talks with CATL, others on potential battery plants, govt official says
📝 Aston Martin sticks to 2023 outlook after smaller Q1 pretax loss
📝 Stellantis Q1 sales up 14% as better chip supply supported shipments
📝 Royal Enfield Continental GT 650 and Interceptor 650 to soon get Tripper
📝 StoreDot and partners to co-produce EV batteries in US, Asia and Europe
📝 Ford Motor Co's profit rises on strong truck demand but EV unit continues losses
Read More >>