Top Indian Automobile Industry News & Updates - 18 May 2023,Thursday
🏢 Industry
📝 Tesla restarts India market talks with new factory proposal
📝 TE Connectivity launches its first start-up accelerator program in India
📝 Government plans to increase outlay for e-2-wheelers under FAME II scheme
📝 Will Elon Musk's Tesla Inc. now follow the 'Apple' cart to India?
📝 Import duty sops unlikely for Tesla
📝 Tesla is welcome to manufacture cars in India, says Nitin Gadkari
📝 Auto retail sales to clock 3rd consecutive year of growth in FY2024 says Primeinvestor study
📝 Green fuel is Tata Motors’ key growth strategy as it targets zero debt by FY25 and boost free cash flow
📝 Omega Seiki, iM3NY ink JV to manufacture lithium-ion battery packs in India
📝 EV penetration: At 1.1%, India is far behind Asian average of 17.3%
📝 Global Road Safety Week: How technology and regulations serve as key pillars for safer road mobility
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🎤 Interviews & Features
📝 Petrol vs Diesel off-roaders – Maruti Suzuki Jimny or Mahindra Thar?
📝 Hyundai Exter SUV: All you need to know
📝 Five upcoming Hero two-wheelers in 2023
📝 India at the forefront of pivotable changes across global auto industry says Dr Andy Palmer
📝 Hyundai Exter SUV safety features revealed ahead of launch in India
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🚗 Cars / SUVs
📝 Toyota Kirloskar Motor announces its first-ever ‘Great 4x4 X-Pedition’ initiative in India
📝 Hyundai partners with Shell to install DC Fast chargers across 36 EV dealerships in India
📝 Toyota Kirloskar commences third shift at Karnataka-based plant to enhance production, cut waiting period
📝 Skoda dealer Stellar Skoda appoints Kapil Dev as brand icon for Gujarat
📝 Volkswagen India inaugurates three new touchpoints in Karnataka
📝 Honda to unveil its midsize SUV Elevate on June 6: Glimpses inside
📝 Force Gurkha Pick-up spied for the first time on Indian roads: Everything you need to know
📝 Big discounts of up to Rs 62,000 on Renault Triber, Kiger, Kwid in May 2023
📝 Renault India announces up to ₹62,000 offer on Triver, Kiger and Kwid for May 2023. Details
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🚗 Luxury Cars
📝 Audi India introduces ‘Charge my Audi’ on the ‘myAudiConnect’ app for e-tron owners
📝 Buyers snap up luxury cars even as prices surge to highest in 5 years
📝 Audi to launch the Q8 e-tron to expand India porfolio
📝 Luxury car sales may grow 15% in 2023: Audi
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🏗 Construction & Agri Machinery
📝 Case IH rolls out 1000th Sugarcane Harvester from its Pune plant
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🏍 2/3 Wheelers
📝 Honda Shine 100 launched at a special price in UP, Bihar, Rajasthan: Details
📝 2023 Hero Xpulse 200 4V launched with new features: Priced from Rs 1.44 lakh
📝 Yamaha eyes 20% volume growth
📝 2023 Hero Karizma XMR showcased before launch
📝 Hero Karizma is back! New XMR 210's sporty design revealed
📝 KTM 390 with adjustable shocks
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🚲 Electric 2/3 Wheelers
📝 Tork motors expands its reach in maharashtra , introduces new experience zone in thane
📝 E-scooters may get pricier on proposed subsidy cut
📝 e-Sprinto to hire over 100 employees by 2023 end
📝 Subsidy cut: A ride into uncertainty for electric two-wheelers?
📝 FAME-II subsidy on EVs cut to Rs 10,000/KWh, max 15% of ex-factory price
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⚙ Components
📝 Cost discipline and normalising supply chain drives profits for SKF India in FY2023
📝 Pricol files objection with CCI to resist Uno Minda’s takeover bid
📝 Jupiter Wagons to reopen Stone India in six months, ramp up wagon capacity
📝 Rane (Madras) soars 19% as board approves divestment plan of US subsidiary
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🌇 Allied Industries
📝 JK Tyre Q4 net profit jumps multifold to ₹111.56 crore
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🌢 Fuels, Lubricants & Charging Stations
📝 Oil little changed as demand worries spur caution
📝 Borrell urges EU to crack down on imports of Indian fuels made with Russian oil
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💸 Finance & Insurance
📝 Auto financiers diversify portfolio to maintain AUM growth, NIMs
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📖 Magazines News
📝 Mahindra Scorpio Classic waiting period extends to more than 7 months
📝 Mahindra Scorpio N Z8L has the lowest waiting period, Z4 has the highest
📝 Mahindra XUV700 waiting period stretches up to 13 months
📝 Hero Karizma XMR shown to dealers ahead of launch
📝 Centre stops Flipkart, Amazon from selling seat belt alarm stoppers
📝 Special feature: Maruti Suzuki Grand Vitara: Game changer
📝 KTM 390 Adventure now gets four variants in India
📝 Renault readies Sandero-based compact SUV
📝 Kawasaki, Suzuki, Honda, Yamaha to jointly develop hydrogen-powered engines
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📰 International News
📝 Range Rover offers new SV bespoke service for greater personalised luxury and refinement
📝 Kia to build new EV plant in Mexico, likely to invest USD 1 bn
📝 Tesla shareholders elect co-founder JB Straubel to the board
📝 Daimler Truck celebrates milestone for safety in trucks and buses
📝 Ministerial approval granted to form research body “HySE” for development of hydrogen small mobility engines to help build decarbonized society.
📝 EV maker Fisker is exploring collaboration with other companies: CEO
📝 Australia's push for faster EV uptake will be slow to charge
📝 Global light Vehicle sales increase to 86 mn units in April 2023, says report
📝 China's BYD beefs up autonomous driving credentials with new unit, hiring spree
📝 Tyre-makers under pressure as too much rubber hits the road
📝 Vietnam EV maker Vinfast expects to break even by end-2024
📝 US House Republicans blast EPA refusal to appear at EV hearing
📝 iDEAL Semiconductor targets cheaper electric car chips with USD 40 mn funding
📝 Ever wondered why Tesla does not advertise? There is a change coming
📝 Former Apple engineer charged for stealing self-driving tech for Chinese company
📝 Volvo Group bats for increased dialogue between policymakers and industry
📝 After Takata, ARC Automotive-made airbags affect 42,000 vehicles in Canada
📝 Flying version of Hyundai Prophecy concept EV to feature in new Spider-Man movie
📝 ProLogium Technology to invest over Rs 89,000 crore to set up EV battery manufacturing facility in France
📝 Tesla Cybertruck spotted inside factory ahead of imminent production
📝 Vertiports the new airport? US aviation regulator sheds light on ‘flying cars’
📝 What makes BMW recall these five BMW SUVs? Know here
📝 Kia EV9 GT is just around corner, could bring significant performance upgrade
📝 Tesla hatchback likely to break cover soon, Elon Musk teases new EVs
📝 Electrification not a threat for AMG but an opportunity: Jochen Hermann
📝 Kawasaki, Suzuki, Honda, Yamaha join forces to co-develop hydrogen engines: Details
📝 Toyota unveils all-new Yaris Cross SUV for ASEAN market, competes with Hyundai Creta in Indonesia
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