Top Indian Automobile Industry News & Updates - 05 May 2023,Friday

🏢 Industry

📝  Total vehicle retails dip 4% in April; 2-wheelers continue to struggle: FADA
📝  Delhi HC directs authorities to act against fitting of crash guards on vehicles
📝  REC Chairman flags off first fleet of electric staff vehicles
📝  Vehicles without valid docus to get e-challans in Chhattisgarh
📝  Auto sales a mixed bag in April. Which stocks to buy?
📝  Karnataka elections: BJP, Congress manifestos put focus on electric vehicles
📝  IIT Kanpur, Lohum to work on R&D in sustainability for lithium-ion batteries
📝  FADA urges government for reduction in GST for two-wheelers to help sales grow
📝  Auto sales skid amid shift to new emission norms
📝  Mahindra sales up 36 percent to 62,294 units in April 2023
Read More >>

🎤 Interviews & Features

📝  Opinion: How electrification alters auto industry with a lead role for India
📝  New Renault Kiger vs Maruti Suzuki Fronx: Features, specs, price
📝  Tata Altroz CNG details leaked, available in six variants
📝  Citroën C3 hatchback launched with BS6 2 turbo petrol engine, 13 new features
📝  Opinion: Why the one-time favourite sedans fall in India and globally
Read More >>

🚗 Cars / SUVs

📝  Citroen India launches Gen III Puretech 110 Turbo engine with 13 new features on top Shine variant; price opens at INR 8.28 lakh
📝  Skoda Auto India introduces 2023 Kodiaq at a starting price of INR 37.99 lakh
📝  Hyundai Exter micro SUV leaked ahead of global debut: Launch soon
📝  Mahindra sells one lakh XUV700 SUVs in less than two years
📝  Top 5 most affordable cars with sunroofs in India
📝  Automakers to launch six new SUVs in India in next two years
Read More >>

Electric-Cars / SUVs

📝  MG Comet EV variants, prices, to be announced tomorrow: What to expect
Read More >>

🚗 Luxury Cars

📝  BMW X1 sDrive18i M Sport launched in India at 48.9 lakh
📝  A car built like a tank, designed like a lounge
Read More >>

⛟ Commercial Vehicles

📝  Piaggio Vehicles launches new Apé Xtra LDX at a starting price of INR 251,586
📝  100 e-buses between Pune and Mumbai by June-end
Read More >>

🏗 Construction & Agri Machinery

📝  Road construction to go up to 21% in FY24, ahead of general elections: ICRA
Read More >>

🏍 2/3 Wheelers

📝  TVS Motor Company FY23 PAT at INR 1,491 cr
📝  Hero MotoCorp Q4 FY23 net profit up 31 per cent y-o-y at ₹811 crore
📝  TVS plans to go global with EVs in FY24, Q4FY23 profit up 49%
📝  KTM India set to launch more accessible 390 Adventure V for shorter riders
📝  HMSI domestic sales increase 6% to 3.38 lakh units in April
📝  Suzuki sells 67,259 two-wheelers in April 2023: Records 23.80% YoY growth
📝  Honda Shine 100 production commences in India: Deliveries to begin soon
Read More >>

🚲 Electric 2/3 Wheelers

📝  e-Sprinto to launch second e-scooter Amery in a month
📝  Ather Energy sells 8,182 e-scooters in April 2023: 450X gets a price cut
📝  Ola Electric says will refund charger cost to its electric scooter buyers
📝  Omega Seiki to raise $200 million to boost its EV & drones business
📝  TVS to refund ₹20 crore to iQube electric scooter customers. Here’s why
📝  Ola, Ather rival Hero Vida cuts prices by up to Rs 25,000
📝  BattRE receives AIS 156-Amendment III – Phase 2 Certification for its e-scooter Stor:ie
📝  TVS to export electric vehicles in FY24
Read More >>

⚙ Components

📝  Yuma Energy appoints Deepak Nanwani as head of revenue, operations
📝  Sundram Fasteners’ consolidated turnover crosses ₹5K mark, pays ₹3.06 final
Read More >>

🌇 Allied Industries

📝  Battery swapping startup Esmito partners with ElectricFuel to offer Energy as a Service
📝  CEAT Q4 consolidated net zooms to ₹133 crore
📝  Apollo Tyres to drive digitalisation with SAP Cloud
📝  Right to repair: Now get your car/bike repaired from local workshop without losing warranty
📝  ZF, KPIT to co-promote Qorix’s automotive middleware products and solutions
📝  MRF posts Rs 769 crore profit for FY2023, up 15%
📝  MRF shares climb over 2% as Q4 net profit jumps two-fold
📝  MRF share price at Rs 1 lakh possible? What technical and fundamental analysis suggest
Read More >>

🌢 Fuels, Lubricants & Charging Stations

📝  Charging infrastructure important for transition to EVs
📝  India's oil imports from Russia seen peaking in May amid China competition
📝  Chargeup opens 35 new EV stations in Mathura district
📝  Charging infrastructure important for transition to EVs, says BEE Director General
Read More >>

💸 Finance & Insurance

📝  Motor Insurance: Pay lower premium if you drive less
Read More >>

📖 Magazines News

📝  Skoda Kodiaq now BS6.2 compliant, prices start at Rs 37.99 lakh
📝  Next-gen BMW 5 Series, all-new i5 global debut on May 24
📝  Citroen C3 Shine 1.2 turbo launched at Rs 8.80 lakh
📝  BMW X1 sDrive 18i M Sport launched at Rs 48.90 lakh
📝  Toyota Hyryder, Innova Hycross prices up by Rs 60,000
📝  Hyundai Exter micro SUV spied undisguised ahead of August launch
📝  Ola, Ather, TVS to refund nearly Rs 300 crore to customers
📝  Tata Harrier, Safari, Altroz get up to Rs 35,000 discount this May
📝  2023 Yezdi, Jawa lineup: 5 things to know
Read More >>

📰 International News

📝  Philipp Grosse Kleimann to head aftermarket business unit of MAHLE Group
📝  EV cab startup BluSmart raises USD 42 million in funding from BP Ventures, others
📝  PACCAR and Toyota expand hydrogen fuel cell truck collaboration for commercialization
📝  UK auto industry body cuts 2023 sales outlook for battery electric vehicles
📝  Volkswagen sees growing competition ahead as revenue jumps on Europe, US
📝  Ducati sells 14,725 motorcycles in Q1 of 2023
📝  Volkswagen revenue jumps on growth in Europe, North America
📝  BMW cars segment sees earnings boost on higher pricing, EV sales
📝  Rolls Royce Dawn heads to sunset
📝  TotalEnergies sues Greenpeace over emissions report
📝  Shell posts USD 10 bn profit, lifted by trading
📝  Optime Ecosystem for innovative condition monitoring and smart lubricant management
📝  Volvo Cars axes 1,300 jobs as it steps up cost cuts
📝  SK Innovation sees 'solid' Q2 refining margin on China's reopening
📝  Bosch realigns mobility business, targets sales worth 80 billion euro by 2029
📝  High-performance EV component supplier Rimac Tech enters stationary energy storage systems with Rimac Energy
📝  This hyper BMW M2 may churn over 500 hp, possibly to debut in 2025
📝  BMW teases i5 EV again, reveals illuminated kidney grille and ambient lighting
📝  Porsche Taycan EV looks at a steep production ramp up
📝  BMW: Don’t drive older models with Takata airbag inflators
📝  Volkswagen sees sales slump in China, vows rebound this year
📝  Cash-strapped Lordstown may tap the brakes on Endurance production
Read More >>


Corporate Office

405, TSL Corner
Local Shopping Complex
Sector G Mayur Vihar Phase III
Delhi - 110096, India

Contact

contact@nurcmedianext.com
nurcmnx@gmail.com
nurcmedianext@gmail.com
+91-11-49849324, +91-9958949710