Top Indian Automobile Industry News & Updates - 23 May 2023,Tuesday

🏢 Industry

📝  Govt cuts FAME-II subsidy on electric 2-wheelers from June
📝  Electric 2W sales may suffer on Centre’s lower FAME II subsidy ‘shock’
📝  e-Mobility push: Vande Bharat Express trains set to cover all states by June
📝  Provide digital load display on vehicle dashboard to eliminate harassment, Gadkari to automakers
📝  CSR funds for management, automation at driver training institutes
📝  Automakers to pump $10 billion in building EV capacity by 2030
📝  Mahindra responds to XUV700 fire on Jaipur highway: Alleges tampering to original wiring
📝  Porter plots $6 million investment in UAE, marks international expansion
📝  Auto sector's weight in FPI portfolio at multi-month high
Read More >>

🎤 Interviews & Features

📝  Looking forward to becoming number one and dominating the SUV space: Shashank Srivastava, Maruti Suzuki
📝  Why carmakers aren’t launching plug-in hybrid cars in India
📝  Green mobility for a better and cleaner future
📝  Re-imagining a new logistics experience with ULIP
📝  We see exports to remain in the range of 15% to 20%: Jayant Acharya, JSW Steel
Read More >>

🚗 Cars / SUVs

📝  Tata Altroz CNG version launched at starting price of Rs 7.55 lakh
📝  Maruti Suzuki ties up with Chola for dealer inventory financing
📝  Maruti Suzuki Jimny gets over 30k bookings, launches first week of June
📝  Mahindra Thar SUV achieves one lakh sales mark: Details inside
📝  This carmaker is going the extra mile to save lakes, ponds and villages at Oragadam
📝  Hyundai Motor India Foundation launches 5 ‘Sparsh Sanjeevani’ Telemedicine clinics in Odisha
📝  Maruti Suzuki ties up with Chola for dealer financing solutions
📝  Maruti Suzuki Jimny ARAI mileage revealed: Better than Mahindra Thar 4X4
📝  Mahindra Thar 5-door spied on test yet again: Everything we know so far
Read More >>

Electric-Cars / SUVs

📝  MG Comet EV deliveries begin in India: Here’s a look at the car’s top features
Read More >>

🚗 Luxury Cars

📝  Ferrari 296 GTS launched in India: Priced at Rs 6.24 crore
📝  Mercedes-Benz SL 55 AMG India debut on June 22: Get's a 4.0-litre V8
Read More >>

⛟ Commercial Vehicles

📝  100 electric buses to ply on old CTU routes soon
📝  BEST becomes official transport partner for G20 delegates in Mumbai
📝  Electric bus subsidy withdrawal to pinch commuters with costly tickets
Read More >>

🏍 2/3 Wheelers

📝  Honda CL300 scrambler design patent filed in India: Details
📝  Top 10 2Ws in April: Hero Splendor, Honda Activa retain top spots; Bajaj Pulsar, Platina and TVS Apache sales improve
📝  Piaggio Vehicles adds Vespa Dual to its product portfolio
📝  Most affordable 150cc motorcycles: Bajaj Pulsar, Hero Xtreme 160R much more
📝  Domestic sales could rise 17% but exports may dip 25% in 2023: Yamaha chief
📝  Simple ONE electric scooter launch tomorrow: What to expect from this Ather 450, Ola S1 rival
Read More >>

🚲 Electric 2/3 Wheelers

📝  Royal Enfield in top gear to launch electric motorcycles: CEO
📝  Ather 450X will cost more from June 01, 2023. This is how much it will cost
📝  Ola Electric secures $300-million funding at $6-billion valuation
Read More >>

🌇 Allied Industries

📝  Esmito gets AIS156 Phase 2 certification for L3 and L5 category batteries
📝  Continental Tires collaborates with Indag Rubber to promote retreading
📝  REE Automotive partners with Japanese KYB to develop next-gen EV platform
📝  Apollo Tyres plans capex-light model for FY24 & FY25
📝  Siemens dips 10% after board okays sale of low voltage-geared motors biz
📝  Street unhappy over Siemens' plan to sell its low-voltage motor unit
📝  Battery storage is key to unlocking India’s clean energy leadership potential: Rahul Walawalkar
📝  JSW Steel, Japan's JFE Steel ink agreement to manufacture electrical steel in India
📝  JSW Steel to acquire National Steel and Agro for Rs 621 crore
Read More >>

🌢 Fuels, Lubricants & Charging Stations

📝  Domestic crude oil production falls 4%, natural gas declines 3% in April: Oil ministry data
📝  BPCL Q4 net more than doubles to ₹6,478 crore
Read More >>

🌍 Emissions/Environment

📝  Proposed ban on diesel 4-wheelers to have little impact on refineries
Read More >>

💸 Finance & Insurance

📝  Cholamandalam to tread cautiously in EV financing in the near term
Read More >>

📖 Magazines News

📝  Maruti Suzuki Jimny launch on June 7
📝  Tata Altroz CNG launched at Rs 7.55 lakh
📝  Mercedes-AMG SL55 India launch on June 22
📝  Yamaha R15 V4 Dark Knight edition launched at Rs 1.82 lakh
📝  Electric scooters, bikes to get costlier from June 1
📝  Honda CL300 scrambler patented in India, launch possible
📝  Next-gen Toyota Vellfire, Alphard leaked ahead of June 2023 global debut
📝  Is the Honda CBR250RR really coming to India?
Read More >>

📰 International News

📝  Ford says it will stop competing in over-served markets, won't be all things to all people
📝  Ford signs deal with Nemaska Lithium in push to boost EV output
📝  Toyota wants to make more than just EVs — and has plenty of company
📝  BMW Concept Touring Coupe is a classic example of shooting brake body style
📝  Applied Materials to invest USD 4 bn in Silicon Valley chip research center
📝  Electric trucks pick up speed despite bumpy road
📝  Tesla releases teaser image of entry-level ‘Model 2’ electric car
📝  Oil down 1%, US debt caution offsets supply worries
📝  Hagerty launches commercial valuations service in UK
📝  Volvo wins record order for electric trucks from Holcim
📝  Indra appoints Jose Vicente de los Mozos as chief executive
📝  Continental sells its Russian plant to S8 Capital
📝  Aston Martin DB11 successor interior teased: Unveil on May 24
📝  Tesla is offering more than $1300 discounts on some Model 3 cars in US
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