Top Indian Automobile Industry News & Updates - 29 May 2023,Monday

🏢 Industry

📝  Scaling up. Mahindra Group targets a $17 billion valuation for non-core businesses: Anish Shah
📝  India shouldn’t get taken for a ride by Tesla
📝  Tata Motors and Mahindra & Mahindra apply brakes on EV fundraise plans
📝  Mahindra flags persisting chip shortages as profit rises
📝  Showrooms raided for raising EV battery power illegally
📝  EV push gains steam in Delhi, focus on transport fleets
📝  Delhi EV policy achieves 86% of targets: Transport department
📝  Amid EV hype, hybrids & CNG-run passenger cars shift gears
📝  Zypp Electric to deploy two lakh vehicles in its fleet, invest USD 300 mn for expansion
📝  Mahindra raises capex outlay to INR 15,900 cr till FY24, will launch 5-door Thar next year
📝  Mahindra & Mahindra reports 18% growth in Q4 profit
📝  FAME 2 subsidy won't impact Indian EV industry's growth momentum, says Ola CFO
📝  Space shuttle to self-driving cars: LambdaTest wants to test every tech
📝  Bharat Forge targets defence as govt pushes for Make in India
📝  Tata Motors to build multi-billion pound EV battery plant in UK: Details
📝  Govt asks Greaves Electric Mobility to return ₹124 crore over FAME II violations
📝  Auto, durables sales, air traffic not good consumption indicators
📝  Entire e2W supply chain under stress as govt stance on subsidy hardens
📝  Tesla's U-turn on India in search for new assembly destinations for EV
📝  Healthy growth, valuations point to more gains for Mahindra & Mahindra
Read More >>

🎤 Interviews & Features

📝  Tata Altroz iCNG vs petrol: Price, specs, mileage comparison
📝  FAME2 revision: Does the Indian EV industry need subsidies and the way forward
📝  Volvo EX30 SUV to be the automaker's greenest car ever. Here's how
📝  Car Review: Maruti Suzuki Jimny, Off the road, but off-track
Read More >>

🚗 Cars / SUVs

📝  Maruti Suzuki expects production loss in Q1; anticipates some relief from July
📝  Maruti Suzuki with Kristu Jayanti College in Bengaluru to offer BBA in auto retail
📝  New MG Gloster Black Storm teaser reveals styling updates: Launch today
📝  Maruti Suzuki India Limited expects SUV models to eat into their respective market shares
📝  Maruti Suzuki Jimny vs Force Gurkha: Which 4x4 off-roader SUV should you buy?
📝  Midsize sedans not racy enough for Tata Motors
📝  Honda Elevate SUV spotted in Japan: India launch on June 6
📝  Maruti looks to rekindle Gypsy's legacy with Jimny
📝  Mahindra Thar 5-door launch postponed to 2024: Details inside
Read More >>

🚗 Luxury Cars

📝  Volvo EX30 electric SUV, automaker's greenest car teased! Here's what all to expect ahead of launch on June 7
Read More >>

⛟ Commercial Vehicles

📝  Turno: Go green with commercial EV
Read More >>

🏍 2/3 Wheelers

📝  Norton launches its first and most powerful naked sport motorcycle, the V4CR
📝  Most powerful 150-160cc bikes in India: Yamaha R15 to TVS Apache
📝  Royal Enfield Himalayan 450 spied on test: Check out exhaust note and new design
📝  4 Royal Enfield motorcycles to launch in 2023: New Bullet 350 to Himalayan 450
📝  Importance of helmets & how to choose the right one for your motorcycle/scooter
Read More >>

🚲 Electric 2/3 Wheelers

📝  Komaki launches updated TN 95 electric scooter at INR 1.31 lakh
📝  Ola Electric begins construction at its battery cell gigafactory
📝  Bhavish Aggarwal announces Ola Prime Plus service in Bengaluru
Read More >>

🌇 Allied Industries

📝  Bridgestone looks to expand retail footprint in India
Read More >>

🌢 Fuels, Lubricants & Charging Stations

📝  Tata Power collaborates with Ranchi Airport to install EV charging points
📝  Five common fuel economy myths busted
📝  Engineers India eyes non-fossil fuel business, overseas for new phase of growth
Read More >>

🌍 Emissions/Environment

📝  Gujarat to launch draft green hydrogen policy within two months
Read More >>

💸 Finance & Insurance

📝  Checklist to find a new insurer for your car
Read More >>

📖 Magazines News

📝  Elevate, future Honda cars, SUVs in India to get ADAS
📝  Tata Motors expects CNG cars, SUVs to account for 30 percent of sales by 2030
📝  Maruti Jimny 5-door bookings evenly split between manual and automatic
📝  Feature: What we learnt driving 4,500km in an EV
Read More >>

📰 International News

📝  Tesla Model Y becomes 1st EV to earn world's best-selling car tag
📝  Global EV market reaches 11 mn units in 2022, China's BYD leads
📝  French tyre maker Michelin sells its activities in Russia
📝  ISS backs Toyota shareholder proposal on climate disclosure
📝  Glass Lewis recommends investors vote against Toyota chairman
📝  Despite promises, automakers lack 'concrete actions' to decarbonise steel - Greenpeace
📝  Jeep recalls 90,000 Grand Cherokees over a faulty steering column. Details here
📝  Biden’s green subsidies are speeding the UK car industry’s decline
📝  This is how China is readying for EV domination as ICE age is nearing end
📝  Lula cuts car taxes to revive Brazil’s ailing auto sector
📝  New-gen Ford F-150 pickup truck to shed 2,400 components. Here's why
📝  First Aston Martin DB12 sold for $1.6 million at auction, to be donated to charity
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