Top Indian Automobile Industry News & Updates - 26 May 2023,Friday

🏢 Industry

📝  Flix, Europe's biggest bus operator and owner of Greyhound, to enter India in early 2024
📝  Vedanta-Foxconn Semiconductors makes another senior hire to further chip making ambitions
📝  M&M Q4 Preview: Profit likely to rise up to 38% YoY; EBITDA margins may contract
📝  inDrive to launch services in Bengaluru, Pune soon
📝  Gadkari tells industry to make alternate fuels like bio-CNG and hydrogen available at cost-effective price
📝  Modi invites Australian businesses to invest in infra, semiconductors, space sectors
📝  Domestic passenger vehicles sales expected to stay strong this fiscal, says Tata Motors' Shailesh Chandra
📝  Every third car sold to be either CNG or electric: Tata Motors
📝  Tata Electronic plans to bolster presence in electronics, semiconductor biz
📝  Why Tesla makes in China, not in India
📝  Tata Motors inaugurates Guj's largest automobile showroom Pragati Vehicle
Read More >>

🎤 Interviews & Features

📝  Don’t just Musk up: Editorial
📝  Hyundai Exter vs Tata Punch: Expected price, specs, features comparison
📝  India’s EV adoption is expected to grow exponentially says Rajnish Gupta of Zebra Technologies
📝  Opinion: How to deal with challenges to adoption of E-CVs in India
📝  A car built for adventure inside and outside the city
📝  Mint Explainer: Are hybrid vehicles actually greener than EVs?
Read More >>

🚗 Cars / SUVs

📝  Volkswagen India opens eight new touchpoints in 4 States
📝  Maruti Suzuki Jimny to launch on this date, will rival Mahindra Thar
📝  Honda City, Amaze to get costlier from June 1: Here's by how much
📝  Hyundai India looks to tap rural buyers through Digital Float initiative
📝  Indian armed forces express interest in buying the five-door Jimny
📝  Nissan Magnite Geza Edition to launch in India: What to expect
Read More >>

Electric-Cars / SUVs

📝  MG ZS EV crosses 10,000 sales milestone, becomes 2nd electric SUV to reach the milestone after Tata Nexon EV
📝  Tata Motors’ Tiago, Tigor sales fuelled by EVs, CNG
📝  Experts advise EV buyers to ensure battery certification
Read More >>

🚗 Luxury Cars

📝  Lexus brings to India new LC500H luxury coupe with high-end upgrades at INR 2.39 cr
📝  ​BMW launches new Z4 in India; price starts at INR 89.30 lakh
📝  Meet the new Aston Martin DB12 — The successor to the DB11, priced at Rs 4.8 crore
📝  2024 BMW 5 Series, i5 make global debut: India launch next year
📝  Mercedes-Benz unveils the dark Night Series for the Maybach S-Class, GLS & EQS
📝  Next generation BMW 5-series revealed: Gets electric, petrol and diesel powertrains
Read More >>

⛟ Commercial Vehicles

📝  PMI Electro Mobility delivers e-buses in Dharamshala, Himachal Pradesh
📝  Omega Seiki Mobility aims to raise $100 million
Read More >>

🏍 2/3 Wheelers

📝  Royal Enfield Himalayan 450 spied again – More details emerge
📝  Harley-Davidson X 440 officially revealed: India launch soon
📝  TVS Raider 125 Racing Special Edition launched in Colombia with cool upgrades
Read More >>

🚲 Electric 2/3 Wheelers

📝  Enigma launches e-scooter GT 450 Pro at INR 89,000 and Crink V1 at INR 94,000
📝  RattanIndia’s Revolt Motors opens two new dealerships in Mumbai
📝  India's Ola Electric aims for IPO by 2023-end, hires Goldman, Kotak - source
📝  Simple Energy targets to launch 3 new 2Ws; hopeful of bringing e-car by 2025
📝  Ola S1 Air e-scooter deliveries to start from July 2023: CEO Bhavish Aggarwal
📝  Simple One vs Ather 450 comparison – Is competition this simple?
📝  This electric scooter has a range of 110 km and is priced at ₹1.25 lakh
📝  FAME 2 subsidy revision could disrupt sales of electric two-wheelers; stable policy key to growth
Read More >>

⚙ Components

📝  Madras HC admits Pricol’s writ petition against Minda’s share purchase plea to CCI
📝  Minda may have its work cut out raising stake in component major Pricol
Read More >>

🌇 Allied Industries

📝  TVS Supply Chain Solutions' R Dinesh takes over as CII President
📝  Logistics company MOVIN to add EVs to its fleet
📝  Apollo Tyres to source all natural rubber from sustainable suppliers
Read More >>

🌢 Fuels, Lubricants & Charging Stations

📝  Oil stable as investors weigh US debt uncertainty, potential OPEC+ cuts
📝  BPCL signs MoU with Speed Force for co-branded 2-wheeler garages
📝  India and China have highest share of market for EV charging stations in Asia Pacific region: Report
📝  Petrol Rs 170, LPG 1,800, Rice 1,800: Prices hiked in this state for daily commodities, know why
Read More >>

💸 Finance & Insurance

📝  Capri Global Holdings acquires 51% stake in CarLelo for ₹150 crore
Read More >>

📖 Magazines News

📝  Updated Lexus LC500h launched at Rs 2.39 crore
📝  Citroen C3 Aircross inches closer to launch; testing continues
📝  Harley-Davidson X 440 roadster revealed, India launch soon
📝  2023 Tata Altroz iCNG: price, variants explained
📝  Volkswagen Touareg facelift revealed
📝  Harley-Davidson X 440 India launch on July 3
Read More >>

📰 International News

📝  Vietnam's VinFast recalls first batch of US-bound EVs over security risk
📝  Tesla Cybertruck wasn't an easy EV to design. Here's what Elon Musk says
📝  South Korea asks US to review China rule for chip subsidies
📝  British EV maker Arrival seeks second chance with US EV tax credits
📝  Nvidia shares surge 21% as sales forecast jumps and AI booms
📝  US offers oil and gas drilling rights in first auction since Biden's IRA
📝  Maserati joins forces with YCOM for the GT2 Championship
📝  Jaguar Land Rover to pick UK over Spain for battery plant
📝  Mercedes-AMG SL gets new colours and a custom cabin. More details here
📝  This life-size Ferrari Monza SP1 is made of Lego bricks. Know more
📝  South Korea resumes buying key fuel from Russia
📝  General Motors Chief Mary Barra visits Shanghai, meets top Chinese leaders
📝  Musk gives Ford access to Tesla's US chargers
📝  Hyundai Motor Group, LG Energy to build USD 4.3 bn EV battery plant in U.S
Read More >>


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