Automobile

News and Trends

India has the Potential To Become a Factory For the World: McLaren

In India McLaren has witnessed double-digit sales in FY23 with a market share of 25 per cent

News and Trends

Rolls Royce To Cut Thousands Of Jobs: Report

As per reports, the luxury car manufacturer has hired consultants led by McKinsey & Co. to advise on the same

Business News

The New BMW Allows You to Change Lanes Only Using Your Eyes

All drivers have to do is look at their side view mirror, and the vehicle automatically maneuvers — traffic conditions permitting.

News and Trends

Passenger Vehicles Sales Up By 13% In April: SIAM

Compared to last year, the two-wheelers and three-wheelers too saw an uptick in sales

News and Trends

What Numbers Say: This Is How Auto Companies Fared In April

Amongst the overall vehicle sales, the passenger vehicle segment (PV), which achieved record sales in FY23, slowed down in April. While a few companies reported a decline in sales numbers others reported an overall growth, as per their April 2023 wholesales statistics

News and Trends

UP Government Sets Target To Become First State To Have 100% EVs In Government Departments

To promote EVs in UP, the Yogi government has decided to give up to 100% exemption on road tax and registration fee for three years

News and Trends

Volkswagen To Launch Its First EV In India By 2024

By 2030, Volkswagen reportedly expects 25-30% of its total sales in India to come from EVs and the rest from internal combustion engine vehicles

News and Trends

Lamborghini To Focus Customers In Smaller Centres For Business Growth In India

Lamborghini India Head Sharad Agarwal Agarwal stated that the company now has customers in places like Amritsar, Shillong, Lucknow, Udupi, and Ajmer as the demand is fairly spread out

News and Trends

Government To Soon Issue SOPs For INR 26,000 Crore Auto PLI: Report

The market estimates reported that as of 2022, India is the third largest automobile market in the world, surpassing Japan and Germany in terms of sales

Technology

Shifting Gears: The Evolving Dynamics Of India's Mobility Sector

Contributing 7.1 per cent to India's GDP and 49 per cent of the manufacturing GDP, the country's automobile sector is one of the fastest growing in the world.

News and Trends

Centre To Remove 252% Import Duties To Develop India a Testing Hub, Says Heavy Industries Minister

Zero custom duty will be effective from April 1, 2023

News and Trends

Renault, Nissan To Reboot Alliance?

According to Reuters, French car maker Renault and its Japanese partner Nissan Motor plan to formally unveil a deal to reshape their alliance in London

News and Trends

Chara Raises $4.75 Million In Pre-Series A Funding Round

Chara is building a scalable, cloud-controlled, and rare-earth free platform for designing, building, and deploying electric motors for EV, HVAC and various other applications

News and Trends

Auto Expo 2023: Sustainability Is the Theme

Auto Expo 2023, India's largest automotive event, kicked off in Greater Noida on Wednesday. On the first day of the event, automobile giants such as Hyundai, Maruti Suzuki, Kia, MG Motors, among others, showcased their products

News and Trends

November 2022: Highest Retail Sales In History of Indian Automobile Industry

According to FADA numbers, the month saw an overall year-on-year sales growth of 26 per cent, boosted by festive sales and the wedding season