Top Indian Automobile Industry News & Updates - 13 May 2023,Saturday

🏢 Industry

📝  Tata Motors India biz net debt lowest in 15 years, declares dividend first time since 2016
📝  Automobile sales grow in double digits in April: SIAM
📝  Robust Jaguar show helps Tata Motors beat the Street in Q4
📝  Tata Motors back in the black in Q4 as vehicle sales pickup
📝  Eicher Motors reports record performance in FY2023, plans Rs 1,000 crore CAPEX for EV and new product developments
📝  Eicher Motors shares climb over 7% after firm’s Q4 net profit jumps 49%
📝  Skills dept plans to focus on EV sector
📝  Companies that come clean will soon get incentives under FAME-II
📝  Results preview: Tata Motors to post mid-single-digit revenue growth in Q4 on higher volumes
Read More >>

🎤 Interviews & Features

📝  2023 Kia Seltos facelift: All you need to know
📝  Travel to Mandu: A lot of history in a little geography
📝  SUVs, height of sales, but unfashionable?
📝  Kodiaq makes a comeback
📝  Hyundai Exter vs Citroen C3 vs Renault Kiger vs Nissan Magnite: Fetaures, engine, specs
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🚗 Cars / SUVs

📝  Nissan operations chief Ashwani Gupta to leave board, company says
📝  Tata Punch achieves 2 lakh production milestone in 19 months
📝  Maruti Suzuki Jimny production begins in India: Price announcement soon
📝  Top selling SUVs in April 2023 – Nexon, Creta on top
📝  Maruti plans to invest aggressively to double car manufacturing soon
📝  Upcoming SUVs under Rs 10 lakh in India: Hyundai Exter to Maruti Jimny
📝  Top 5 most fuel-efficient CNG cars in India 2023
📝  Toyota Fortuner, Hilux to get mild hybrid powertrain soon: Report
📝  Mahindra Thar 5-door launch date tipped, here’s when the SUV will likely make debut
📝  Tata Altroz gets new features including sunroof, wireless charger and more!
📝  Hyundai extends SUV blitz with upcoming Exter
📝  Maruti Suzuki to invest $5.5 bn by 2030 to double its capacity in India
📝  Hyundai Creta continues its SUV sales reign In April 2023, sold 14186 SUVs
Read More >>

Electric-Cars / SUVs

📝  MG's flashiest EV with 800 km of range revealed in UK. Will it come to India?
📝  Hyundai India signs MoU to invest Rs 20,000 crore to push EV ecosystem
Read More >>

🚗 Luxury Cars

📝  India-bound Mercedes-Benz E-Class LWB first images leaked ahead of global debut
📝  Mercedes-AMG is not giving up on the combustion engines: CTO
Read More >>

⛟ Commercial Vehicles

📝  Blue Energy Motors rolls out 100th LNG truck from Pune facility
📝  Electric buses to ply in Chhattisgarh's Raipur soon to combat air pollution
📝  Escorts Kubota CFO eyes 12% pre-Covid margins in FY24, raises capex by 40% to INR 350 crore
Read More >>

🏗 Construction & Agri Machinery

📝  Tractor sales down 11% in April due to unseasonal rains
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🏍 2/3 Wheelers

📝  Hero MotoCorp partners with Motosport SA for sale and service of its products in Costa Rica
📝  TVS Apache RTR 160 4V & Apache RTR 200 4V get price hikes
📝  Royal Enfield Super Meteor 650 prices hiked: Check new prices
📝  Royal Enfield Interceptor 650 modified into a stealthy cafe racer
Read More >>

🚲 Electric 2/3 Wheelers

📝  TORK Motors opens Experience Zone in Kolkata
📝  Pure ePluto 7G Pro electric scooter launched at under Rs one lakh: More range than Ola S1 Air
Read More >>

⚙ Components

📝  Greaves Cotton reports consolidated EBITDA of INR 49 cr for Q4 FY23
📝  Rane Holdings consolidated Q4 net loss narrows to ₹8 cr.
Read More >>

🌇 Allied Industries

📝  Industrial battery maker Exide bullish on lithium ion cells manufacturing
📝  Valeo produces one million units of ultrasonic sensors at Sanand plant
📝  Pirelli sees end of Golden Power process on governance agreement after early June
📝  Opinion: How global megatrends impact automotive industry in India
📝  Bosch Q4 earnings: Net profit surges 13% YoY in Q4, a whopping dividend of ₹280 per share declared
Read More >>

🌢 Fuels, Lubricants & Charging Stations

📝  HPCL Q4 results: Net profit jumps 79% to ₹3,608 crore on declining crude oil prices
📝  Indraprastha Gas Q4 PAT declines 9%, revenue rises over 50%
📝  Oil prices fall, set for 4th weekly drop, as demand fears weigh
📝  Castrol India launches new range of vehicle care products
📝  NDMC to add new EV charging stations, battery swapping points in New Delhi
Read More >>

📖 Magazines News

📝  Maruti Jimny 5-door production begins ahead of June launch
📝  Royal Enfield to get Rs 1,000 crore investment from Eicher Motors
📝  Yamaha R3 gets minor updates for 2023, India launch soon
📝  Mercedes Benz retains top spot as luxury car manufacturer
📝  Bestselling hatchbacks in FY2023: Maruti retains top spot
📝  Tata Nexon tops SUV charts, Maruti Eeco bestselling MPV in FY2023
📝  10 best selling cars in FY2023; Wagon R tops the charts
📝  Hyundai to invest Rs 20,000 crore for EV development in India
📝  Tata Nano EV (Jayem Neo) review: the one that got away
📝  Feature: Smashing a Guinness World Records Title on a Vida V1 Pro
📝  Living the turbocharged life with FRONX
Read More >>

📰 International News

📝  Share of e-cars imported from China into Germany more than triples
📝  Tesla raises US prices for all its vehicles except Model 3
📝  Next-generation software platform to come towards 2027-28: Volkswagen CFO
📝  More than 2 mn Toyota users face risk of vehicle data leak in Japan
📝  Mercedes-Benz Trucks hands over battery-electric eEconic to FES
📝  EU launches first tender for joint gas purchases
📝  Northvolt to invest billions to build gigafactory in Germany
📝  Honda records lower profit, projects recovery ahead on sales rebound
📝  Sri Lanka to convert 500,000 tuk-tuks to EVs
📝  Iveco ups 2023 guidance after operating profit jump
📝  Taiwanese battery maker ProLogium eyes overseas base in France
📝  Renault wants to bring other strategic investors to Ampere and Alpine - CEO
📝  Planning to buy Lamborghini Huracan? Bad luck, remaining production sold out
📝  In battle against pollution, China to drive in stricter vehicle emissions rules
📝  Lexus teases next-generation GX SUV, looks more chiselled
📝  Nissan’s full-year profit up 52% on 377.1 billion yen
📝  China orders recall of 1.1M Teslas to fix accelerator pedal problem that raises crash risk
📝  Tesla to Fix Brake Software in More Than 1.1 Million Cars in China
Read More >>


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