Top Indian Automobile Industry News & Updates - 12 May 2023,Friday
🏢 Industry
📝 Eicher Motors FY23 PAT up 73.8% at INR 2,914 cr
📝 South Korea's Hyundai to invest $2.45 billion in India
📝 Tata Motors Q4 Preview: Auto major expected to put up a strong show driven by India and JLR business
📝 EV sales in India increases 174% YoY to 12,47,120 units in FY23
📝 EV companies under strict observation, may face random checks
📝 Suzuki Motor to invest aggressively to grow auto industry in India
📝 UP EV Policy: Govt to give subsidy for skill development in manufacturing units
📝 No end date for Centre’s Rs 76K-cr chip scheme
📝 Ola, Rapido bike taxis get green flag: Delhi govt approves Motor Vehicle Aggregator Scheme 2023
📝 Tata Motors to likely announce dividend along with its Q4 results
📝 Govt scans China firms exploiting EV sops loophole
📝 Electrification of Fleet: NITI sets FY31 target for Ola, Uber in green push
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🎤 Interviews & Features
📝 Kia Sonet Aurochs Edition – All you need to know
📝 Top 5 SUVs that are soon to get a facelift – Seltos to Creta
📝 National Technology Day 2023: Transformative technologies are at the forefront of popularising EVs
📝 Things to keep in mind before buying your first vehicle
📝 '100% sure law will be on our side', says Hero Electric CEO Sohinder Gill
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🚗 Cars / SUVs
📝 MG Motor India’s expansion strategy: Expert sees need to sync long-term commitment of potential stake buyers
📝 2023 Hyundai i20 facelift breaks cover: India launch later this year
📝 Kia Sonet comes with special Aurochs edition starting at Rs 11.85 lakh
📝 Maruti Suzuki plans to double capacity by 2030
📝 Top 20 selling cars in April 2023 – Fronx takes a place, Nexon is best-selling SUV
📝 MG Motor to sell majority stake to local partner
📝 Hyundai Exter SUV bookings open ahead of launch: Design, engine, variants and more
📝 Made-in-India Toyota Urban Cruiser Hyryder launched in South Africa
📝 Top five SUVs to launch in India this year: Maruti Suzuki Jimny to Hyundai Exter
📝 2023 Kia Seltos Facelift testing mule spotted, SUV to boast a panoramic sunroof
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Electric-Cars / SUVs
📝 Hyundai Motor to invest Rs 20,000 cr in Tamil Nadu to modernize, expand vehicle platforms in India's EV market
📝 Skoda to launch Enyaq iV as its first EV in India this financial year
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🚗 Luxury Cars
📝 BMW India launches X3 M40i at an opening price of INR 86,50,000
📝 Porsche launches ₹7-lakh-worth watch exclusively for 718 Spyder RS buyers
📝 How can electric sports cars overcome range riddles? Mercedes AMG has the clues
📝 Actor Shekhar Suman gifts wife Alka all-electric BMW i7 worth over ₹2 crore
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⛟ Commercial Vehicles
📝 CV Industry hits speed bump in April 2023; road ahead may be smoother: ICRA
📝 Electric buses to ply in Chhattisgarh’s Raipur soon to combat air pollution
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🏍 2/3 Wheelers
📝 Royal Enfield Super Meteor 650 gets first price hike: New vs old price list
📝 2023 Ducati Monster SP launched: 5 things to know
📝 Bajaj Avenger Street 220 to be relaunched soon
📝 Royal Enfield to invest ₹1,000 cr in EVs, petrol bikes
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🚲 Electric 2/3 Wheelers
📝 PURE EV ePluto 7G Pro launched at Rs 94,999: Claims up to 150 km range
📝 We have complied with the FAME II norms: Okinawa, Hero Electric
📝 e-Sprinto ties up with finance companies to help customers access easy funding for its E2Ws
📝 Hero Vida travels 24 hour non-stop for 1780 kms, creates new record
📝 Royal Enfield confirms working on electric motorcycle
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⚙ Components
📝 Jay Bharat Maruti to invest upto Rs 350 crore to set up two plants
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🌇 Allied Industries
📝 Bosch Limited posts INR 1,425 cr PAT for FY 23
📝 RunR Mobility partners with ReadyAssist to provide roadside assistance to EV users
📝 Technology Day Special: What will it take for India to be an EV tech hub?
📝 Technology Day Special: How tech enables safe mobility
📝 Apollo Tyres bets on service model, premiumisation to maintain margins
📝 Carzonrent appoints Yogender Verma as Chief Executive Officer
📝 Bullish on India, expanding in the US, Middle East: Apollo Tyres VC & MD Neeraj Kanwar
📝 Apollo Tyres vs CEAT: Which tyre maker should you pick after stellar Q4 earnings?
📝 Satyen Sail to head Mobility business at Magenta
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🌢 Fuels, Lubricants & Charging Stations
📝 New Delhi to get more EV charging stations, some with battery swapping facilities
📝 Oil prices rise on strong fuel demand data
📝 ‘Unwavering commitment’. ONGC discovers oil in two blocks on Arabian sea
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🌍 Emissions/Environment
📝 Electric buses to ply in Chhattisgarh’s Raipur soon to combat air pollution
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💸 Finance & Insurance
📝 e-Sprinto partners with multiple companies for EV financing
📝 No accident insurance claim if driver is drunk: Consumer commission
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📖 Magazines News
📝 Toyota confirms Fortuner, Hilux mild hybrids for 2024
📝 India-bound new Mercedes E-Class LWB: first pictures surface online
📝 Toyota Urban Cruiser Icon SUV global debut on May 15
📝 BMW X3 M40i launched at Rs 86.50 lakh
📝 Skoda to bring back Superb with BS6 Phase 2 compliant engine
📝 Hyundai i20 facelift makes global debut
📝 Royal Enfield Super Meteor 650 prices hiked
📝 1780km in 24 hours: Autocar India, Vida by Hero Motocorp set a new Guinness World Record
📝 Porsche Taycan Turbo S India review: Porsche Unleashed
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📰 International News
📝 Electric vehicle maker Polestar to cut headcount by 10%
📝 Nissan FY22 operating profit up 52% to 377.1 billion yen
📝 Subaru sets out targets for EV push over five years
📝 Panasonic delays production of new Tesla battery to improve performance
📝 Lucid losses put Saudi Arabia's EV strategy in the headlamps
📝 EV maker Rivian takes bold bet with higher-priced vehicles amid heating competition
📝 2023 Harley-Davidson CVO Street Glide & Road Glide previewed, reveal on June 7
📝 North America manufactures over 2 lakh EVs in Q1 CY2023
📝 Livent Corp, Allkem to join forces to become world’s third-largest lithium producer
📝 Nissan in Talks to Boost UK Plant as Renault Haggling Continues
📝 Tesla touches a new milestone, Giga Texas produces 5,000 Model Y EVs every week
📝 Volkswagen recalls over 35,000 ID.4 EVs over faulty doors. Details here
📝 Electric bikes are breaking through in Europe’s carmaking capital Germany
📝 GM, Volkswagen face idled capacity risk in China, need faster EV transition: Greenpeace
📝 China's BYD cuts starting price for Seal EV: Aims to extend lead
📝 The executive keeping Tesla rolling isn’t Musk
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