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
Read More >>

🎤 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
Read More >>

🚗 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
Read More >>

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
Read More >>

🚗 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
Read More >>

⛟ 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
Read More >>

🏍 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!
Read More >>

🚲 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
Read More >>

⚙ 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
Read More >>

🌇 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
Read More >>

🌢 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
Read More >>

📖 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
Read More >>

📰 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
Read More >>


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