Top Indian Automobile Industry News & Updates - 15 May 2023,Monday

🏢 Industry

📝  India can overtake US, China as top automobile manufacturer in the next 5 years: Maruti Suzuki’s RC Bhargava
📝  Much before talk of diesel car ban, sales down to 17.6% of total volume
📝  Patna HC seeks reply on ban on 15-year-old vehicles
📝  InCore Semiconductors raises USD 3 mn
📝  Semiconductor chip prices are up 50%: Bajaj Auto EV head Eric Vas
📝  Improving JLR outlook, margin expansion targets positives for Tata Motors
📝  Can Tata Motors sustain tempo in FY24?
📝  Foxconn's Hyd unit to take off today
📝  With 3-time hike, incentives on buying EVs touch INR 15 cr in Chandigarh
Read More >>

🎤 Interviews & Features

📝  Our focus is to reinvent the organization to be relevant for current times: Bosch Group India head
📝  Revolutionising e-mobility: how battery swapping technology is leading the charge
📝  Hyundai Exter vs Venue: Design, Specs, Powertrains and Expected price
📝  ‘The lithium reservoir in Kashmir could be a game-changer’
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🚗 Cars / SUVs

📝  Tata Punch crosses two lakh production milestone in 19 months
📝  2023 Hyundai i20 facelift makes global debut with ADAS: India launch soon?
📝  MG Hector prices hiked by Rs 61,000: Gets new 'Shine' trim
📝  Five ideal cars in India for a young buyer. ChatGPT charts this list
📝  Sedan sales rise sharply in April
📝  Tata Safari is available with up to ₹40,000 off in May: Here’s how to avail
📝  Skoda bets on safety for faster growth
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Electric-Cars / SUVs

📝  Tata Punch EV spotted testing for the first time, a glimpse of the interior
📝  Tata delivers 12 Tigor EVs to Gwalior Nagar Nigam
📝  Honda's new electric SUV debuts with 412 km of range. Will it come to India?
Read More >>

🚗 Luxury Cars

📝  Charged Up: Luxury auto companies are set to drive in more EVs in FY24
📝  Mercedes-Benz to introduce seven new AMG electric cars
📝  Speed not the only differentiator in electric age: Mercedes-AMG CTO
📝  Is it cool? Or simply clunky?
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⛟ Commercial Vehicles

📝  Automobiles. Commercial vehicles to see single-digit growth in FY24
📝  Learn to drive a truck without actually driving one
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🏗 Construction & Agri Machinery

📝  VST Tillers Tractors posts INR 92.37-cr profit in FY23
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🏍 2/3 Wheelers

📝  Hero Moto to step up premium play with a dozen launches this fiscal
📝  Hero MotoCorp gearing up for highest ever model introductions in FY24: CEO Niranjan Gupta
📝  Yamaha R3 updated for 2023 in Japan, India launch likely later this year
📝  TVS Motor plans capex of up to Rs 1k cr for FY24
📝  2023 Yamaha YZF-R3 introduced in Japan: India launch soon
📝  Honda Shine 100 vs TVS Radeon: Which affordable motorcycle should you buy?
📝  Rating: sell; Eicher Motors in the fast lane
📝  Honda Activa and Activa 125 now cost more than before. Here are the new prices of scooties
📝  Royal Enfield files trademark application for 'Interceptor Bear 650' name, hints at new addition to 650cc lineup
📝  Royal Enfield focuses on export, crosses 100,000 sales milestone in FY22-23
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🚲 Electric 2/3 Wheelers

📝  EV sector. Ola aims to open 500 more experience centres by August 2023
📝  TVS Motor aims to go global in two-wheeler personal transportation
📝  Pure brings retro designed ePluto 7G Pro electric scooter with 100 km plus range
📝  Ather 450X four feature updates via the Ather app. Here’s what’s new
📝  Ola focuses on small town India for network expansion
📝  Electric E2W manufacturer Hero Electric to go public by FY26: CEO
Read More >>

⚙ Components

📝  Road map on auto regulations needed: Bosch
📝  ELGI Sauer Compressors opens new ₹40-cr factory in Coimbatore
Read More >>

🌇 Allied Industries

📝  Navigation made accurate: India's Pataa app aims to change how you navigate
📝  Apollo Tyres expects double-digit revenue growth in FY24
📝  Enough growth opportunities within facilities to take capacity to 40 MT in India: Tata Steel CEO
📝  5 gift ideas for your biker Mom this Mother’s Day
📝  CBSE results out! What are the driving etiquettes for new drivers?
📝  Road Safety: How vision-based technology can address a looming concern for a population of 1.4 billion
📝  Ahead of rivals in lithium-ion battery business: Exide MD
📝  Centre issues order against selling seat belt alarm stopper clips. Details here
Read More >>

🌢 Fuels, Lubricants & Charging Stations

📝  India's Hindustan Petroleum posts biggest jump in quarterly profit in 9 years
📝  e-Mobility push: New Delhi to get more EV charging stations, some with battery swapping facilities
📝  Have commenced dispensing CNG and PNG connections to households: Indian Oil
📝  Long way to go before public EV charging stations reach millions
Read More >>

💸 Finance & Insurance

📝  Motor floater insurance policy: All you need to know about single premium for multiple vehicles
📝  Canara Bank slashes home, vehicle loan interest
Read More >>

📖 Magazines News

📝  Lexus teases two new SUVs
📝  Tata Punch EV spied for the first time
📝  Ferrari combustion engines could live on beyond 2035 on e-fuels
📝  Maruti Dzire was bestselling sedan of FY2023
📝  Suzuki V-Strom SX long term review, 2,100km report
📝  Volkswagen Taigun long term review, 11,400km report
📝  BMW R18 Roctane, R12 nine T unveiled
Read More >>

📰 International News

📝  Tesla recalls over 1.1 mn EVs in China due to braking issue
📝  Ferrari recalls 296 GTB and 296 GTS hybrid models over potential fuel leak
📝  Hyundai Motor joins Korean government entities to protect blue carbon ecosystem
📝  Luminar Tech CEO Austin Russell to acquire majority stake in Forbes
📝  Tesla may gain as Musk's Twitter distraction to ease
📝  Shareholders of Evergrande's EV unit agree on restructuring deal
📝  Maserati at Motor Valley Fest: The legendary V8 is passing the baton to electric!
📝  Why Tesla keeps changing its prices
📝  Honda e:Ny1 electric SUV unveiled: Range, features, battery
📝  Tesla OTA updates reducing driving range purposely? Lawsuit filed against company
📝  Tesla owners sue company over impact of software update on EV batteries
📝  Over 20 lakh Toyota owners face risk of vehicle data breach in this country
📝  New Hyundai Kona EV spotted in wild
📝  Volkswagen Group confident about making an affordable electric car worth $27,000
📝  US urges recall of 67 million airbags in spiralling safety mess: Report
📝  Toyota apologises after 2.15 million customers' vehicle data exposed for a decade
📝  Autonomous delivery startup Nuro to cut staff by 30%
Read More >>


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