Top Indian Automobile Industry News & Updates - 27 May 2023,Saturday
🏢 Industry
📝 HC stays Delhi govt's notice halting Rapido, Uber & other aggregators' services
📝 M&M profit rises 22% YoY to INR 1,549 crore in Q4 FY23
📝 Mahindra & Mahindra declares dividend of Rs 16.25 per share
📝 No road tax for EVs, hybrid vehicles for 5 years
📝 Tata Motors and Mahindra & Mahindra apply brakes on EV fundraise plans
📝 Mahindra raises capex outlay to INR 15,900 cr till FY24, will launch 5-door Thar next year
📝 This EV maker wants to launch India’s first Hydrogen fuel cell cargo 3-wheeler
📝 MSMEs to carry out overhaul of armoured vehicles
📝 Gensol Engineering ltd appoints Amit Kumar as CEO of EV leasing business
📝 8 new automated tracks to boost DL test capacity
📝 India's Mahindra and Mahindra flags persisting chip shortages as profit rises
📝 Mahindra’s auto business to see Rs 2,725 crore additional investment in FY2024, no investment currently outlined for BS7
📝 CBITA sends letter to MHI against clawing back subsidies from OEMs
📝 Electric vehicles: Reduction in subsidy will impact FAME II scheme, says advocacy group
📝 Tata Motors shifts gears; one in three passenger vehicles to be gas or electric-powered in near-to-mid-term
📝 Indian automobile sector’s recovery expected to sustain, says Motilal Oswal
📝 Campaign to lift old vehicles to resume
📝 Govt to amend rules to auction lithium, rare earth minerals
📝 Moody's upgrades outlook on Tata Motors to positive
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🎤 Interviews & Features
📝 Maruti Suzuki Jimny: Small is the new Big
📝 How ESC serves as a building block for vehicle safety tech of the future
📝 Jay Thakkar is bullish on Ceat and M&M
📝 Maruti Suzuki Jimny review: For the gypsy at heart, goes everywhere, does almost everything
📝 Maruti Suzuki Jimny SUV review: Lifestyle vehicle battle gets scorching hot
📝 CNG cars could account for 25% of industry by end of decade: Tata Motors MD
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🚗 Cars / SUVs
📝 Nissan Magnite Geza Edition launched at Rs 7.39 lakh: Check what’s new
📝 MG Gloster 'Black Storm' Edition teased: What to expect
📝 Spinny rates Renault Kwid as the most popular used small car in India
📝 Maruti Suzuki Jimny vs Mahindra Thar: Which 4x4 SUV should you buy?
📝 Hyundai Exter to launch on this date, will rival Tata Punch and Maruti Fronx
📝 Tata Motors on the green path, every 3rd vehicle to be either CNG or EV
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Electric-Cars / SUVs
📝 Decoding EV abbreviations: Eight EV-related terms you should be familiar with in 2023
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🚗 Luxury Cars
📝 McLaren Automotive launches Artura in India, price starts at INR 5.09 cr
📝 Aston Martin DB12 unveiled with impressive 680 hp: Priced at Rs 4.8 crore
📝 McLaren Artura hybrid supercar launched in India at Rs 5.09 crore, gets top speed of 330 km/h
📝 McLaren to go slow on complete shift to electric cars
📝 McLaren drives in hybrid sports car Artura in India
📝 Not chasing sales, focus on solid customer experience: McLaren India
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⛟ Commercial Vehicles
📝 Future of electric trucks in India - adoption rate, efficiency, and growth outlook of the market
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🏗 Construction & Agri Machinery
📝 Case Construction plans export ramp up from India, targets US and Europe
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🏍 2/3 Wheelers
📝 Kawasaki Ninja 300 gets a limited-period discount: Here's how much you can save
📝 Harley-Davidson X440 launch confirmed on July 4; to be built by Hero
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🚲 Electric 2/3 Wheelers
📝 Ola S1 Air electric scooter deliveries to begin from July 2023: Bhavish Aggarwal
📝 Komaki launches updated TN 95 electric scooter at Rs 1.31 lakh: Check what's new
📝 Simple One vs TVS iQube electric scooter comparison
📝 E-Sprinto Amery EV with claimed 140 kms range launched at Rs 1.29 lakh
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⚙ Components
📝 Samvardhana Motherson Q4 Results: Profit soars 436% YoY to Rs 654 cr; co posts highest-ever revenue at Rs 22,477 cr
📝 With global scale aspiration, Uno Minda goes overseas to showcase tech prowess, prepares for expansion in India
📝 Atmus Filtaration raises $275 million in initial IPO
📝 Tube Investments outlays 2400 cr capex for EV biz
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🌇 Allied Industries
📝 Batteries for EVs: Lithium-ion and beyond
📝 Happy Forgings plans up to Rs 1,200 crore IPO
📝 LFP versus NMC: What is the right battery type?
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🌢 Fuels, Lubricants & Charging Stations
📝 Indian oil companies await USD 300 mn dividend for business in Russia
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💸 Finance & Insurance
📝 Sundaram Finance records highest disbursements in FY23
📝 What are different types of car insurance policies in India? Details here
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📖 Magazines News
📝 XUV700, Thar, Scorpio N continue to dominate Mahindra SUV order book
📝 Nissan Magnite Geza Special Edition launched at Rs 7.39 lakh
📝 McLaren Artura launched at Rs 5.1 crore
📝 Supercharged Honda Africa Twin in the works?
📝 SCOOP! Honda Dio H-Smart leaked, India launch soon
📝 Updated Royal Enfield Meteor 350 spied testing
📝 Maruti Suzuki Jimny review: The new off-road hero
📝 Mahindra XUV400 vs Tata Nexon EV comparison: Challenger to the crown
📝 Switch EiV22 bus driven: Mumbai's new electric double decker bus
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📰 International News
📝 Ford electric vehicle owners to get access to Tesla Supercharger network starting next spring
📝 Renault CEO says Euro 7 regulation distracting industry from electrification
📝 Ford, Tesla shares jump over 7% on Superchargers deal
📝 Laggard Italy battles EU over green car transition
📝 Rolls Royce Motor Cars appoints Anthony Zhao as new regional director for Greater China
📝 New BMW 5 Series launched with AirConsole gaming platform
📝 As electric cars boom, locals fear Chinese battery plant will harm land in drought-stricken Hungary
📝 Dutch watchdog looking into alleged Tesla data breach
📝 China auto giant BYD denies claims its cars failed emissions test
📝 Stellantis invests in US start-up Lyten to develop lithium-sulfur batteries
📝 LG, Hyundai Motor’s $4.3 billion EV battery plant to come up in USA
📝 Semiconductor index surges with Nvidia leading race to AI ‘gold rush’
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