Top Indian Automobile Industry News & Updates - 06 May 2023,Saturday
🏢 Industry
📝 Rana Group to invest Rs 1,900 crore in EV business in phases
📝 Electric vehicle sales see y-o-y growth in April
📝 1 in 4 cars in India to be an electric by 2030: VW
📝 FIIs driving on top speed see this auto stock gaining most in 5 years
📝 Govt to cite green levies in India for carbon tax relief
📝 Auto companies taking rail route to ferry vehicles
📝 Tata to upskill 617 ex-Ford employees under its own cost
📝 Electric Vehicle rally conducted as part of Saksham 2023 in Guwahati
📝 Last year was good for high-end Indian automotive sales, but this year may not be so
📝 Electric vehicle-related incentives are the newest employee perk
📝 A year into vehicle scrappage policy, car junkyards see low scrap value
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🎤 Interviews & Features
📝 Tata Altroz CNG vs Maruti Baleno CNG – Price, specs, features comparison
📝 Unlocking insights, trends, and job opportunities in the EV Industry with Vatsal Shah of Skill-Lync
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🚗 Cars / SUVs
📝 Hyundai India standardizes safety features across all models
📝 Skoda Kodiaq launched in India at Rs 37.99 lakh
📝 Tata Harrier, Safari SUVs get discounts of up to ₹35,000 in May
📝 Toyota Innova Hycross gets second price hike within six months: New vs old price list
📝 Tata Altroz iCNG: 10 big highlights
📝 Toyota HyRyder, Innova HyCross get costlier again. Check new prices after hike
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Electric-Cars / SUVs
📝 MG Motor introduces 2 new variants for Comet EV, price starts at INR 9.28 lakh
📝 Tata Motors delivers 10,000 Tiago EVs within four months: MG Comet rival
📝 MG Comet EV India launch Highlights: Price, specs, range, charging time & more
📝 MG Comet EV vs Tata Tiago EV vs Citroen eC3: Most-awaited affordable EV battle
📝 Car Review BYD Atto 3: It shows how far ahead the Chinese have leaped
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🚗 Luxury Cars
📝 BMW X1 sDrive 18i M Sport launched; Priced at Rs 48.90 lakh
📝 Car Review: Audi Q3 Sportback: Four rings to rule them all
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⛟ Commercial Vehicles
📝 Olectra Greentech’s strong order book helps drive net profit to Rs 65 crore in FY2023
📝 M&HCVs wholesale volumes increase 43%, LCVs 27% YoY
📝 State govt releases INR 137cr for 250 e-buses for Nagpur city
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🏍 2/3 Wheelers
📝 Suzuki opens exclusive ‘Bike Zone’ in Mumbai, Ahmedabad
📝 Top 5 best 110cc scooters in India: Honda Activa, TVS Jupiter & more
📝 TVS, Hero plan multiple product rollout in FY24
📝 All new, yet tried and tested!
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🚲 Electric 2/3 Wheelers
📝 Simple Energy commences production of Simple One e-scooter
📝 Ather energy to refund cost of chargers for vehicles purchased before April 12, 2023
📝 Vida V1 Plus and V1 Pro electric scooters to be sold via Hero's dealerships
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⚙ Components
📝 Sundram Fasteners’ consolidated turnover crosses ₹5,000-crore mark, pays ₹3.06 final
📝 Bharat Forge Q4 Results: Profit declines 7% to Rs 245 crore, dividend declared at Rs 5.5/share
📝 Aptiv beats quarterly revenue estimates on price hikes
📝 Sundaram-Clayton consolidated Q4 net up 5% to ₹324 cr.
📝 Rane Madras clocks net loss of nearly Rs 196 cr in Q4
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🌇 Allied Industries
📝 CEAT reports five-fold jump in Q4 profit on lower raw material costs
📝 Journey of the electric motor: Torque, power, and cooling
📝 Tata Elxsi & IIT-G team up to research EV fault solutions
📝 Steel trade dips on expectations of price cuts
📝 CEAT shares rise 6% after Q4 profit zooms over five-fold
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🌢 Fuels, Lubricants & Charging Stations
📝 ACME, IGL sign MoU to jointly supply green hydrogen and set up infra
📝 Esmito joins hands with ElectricFuel
📝 Unknown Indian company shipping millions of barrels of Russian oil
📝 Carbon trading important for promoting green hydrogen: BEE
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📖 Magazines News
📝 Discounts of up to Rs 61,000 on Maruti WagonR, Swift, S Presso, and Celerio this month
📝 Maruti Suzuki Ignis, Ciaz, Baleno available with discounts of up to Rs 47,000
📝 Hyundai makes 3-point seatbelts, 4 airbags standard across the range
📝 MG Comet full price list revealed
📝 TVS Racing, Kidzania open new experience centre in Mumbai
📝 BMW i7 India review: All-electric limo is a tech express
📝 Most fun to ride bikes, scooters under Rs 1.5 lakh
📝 MG Comet EV price, variants explained
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📰 International News
📝 Audi increases deliveries of EVs by 43% in Q1 of 2023
📝 BMW recalls 90,000 cars, warns owners to not drive. Here's why
📝 Tesla's April sales of China-made EVs down 14.7% from March
📝 Mercedes-AMG upgrades six-cylinder models of GT 4-Door Coupé
📝 Russian oil producer sets self-driving trucks to work on Arctic tundra
📝 Auto parts maker Magna International raises annual sales forecast
📝 Don't drive older models with Takata air bag inflators: BMW
📝 'Beautiful Corolla': Afghanistan's enduring love affair with Toyota
📝 BorgWarner sees annual sales below estimates on supply snags, higher costs
📝 Carvana expects to record core profit in second quarter; shares jump
📝 AMG sees record lithium production in Q4 despite 'interruptions' at Brazil plant
📝 Volkswagen, Bosch give up joint venture plans for battery cells
📝 Nyobolt claims to cut down electric car charging time to minutes, demonstration in June
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