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
Read More >>

🎤 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
Read More >>

🚗 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
Read More >>

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
Read More >>

🚗 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
Read More >>

⛟ 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
Read More >>

🏍 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
Read More >>

🚲 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
Read More >>

⚙ Components

📝  Jay Bharat Maruti to invest upto Rs 350 crore to set up two plants
Read More >>

🌇 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
Read More >>

🌢 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
Read More >>

🌍 Emissions/Environment

📝  Electric buses to ply in Chhattisgarh’s Raipur soon to combat air pollution
Read More >>

💸 Finance & Insurance

📝  e-Sprinto partners with multiple companies for EV financing
📝  No accident insurance claim if driver is drunk: Consumer commission
Read More >>

📖 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
Read More >>

📰 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
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