Kazam secures $8 Million in Series A3 funding led by Vertex Ventures SEA & India

Kazam, global technology enabler for e-mobility, has successfully raised $8 million in its Series A3 funding round, led by Vertex Ventures Southeast Asia and India.

ED raids at Pawan Kant Munjal res, Hero MotoCorp yield Rs 25 crore

The Directorate of Enforcement (ED) has recovered and seized foreign currency, cash, gold and diamond jewellery (including foreign origin gold) worth 25 Crore (approx.) along with certain incriminating documents inc...

Mobec launches India's first portable ev charging franchise network

Mobec, India's fastest-growing network of portable EV charging solutions, has announced the launch of its pan-India franchise network.

Saffron clad chief evangelist may bring succour to Indian electric 2W industry

The electric two wheeler industry in India is in disarray and in order to bring in a semblance of order, it has wrapped itself in saffron, or so it seems, for the time being, hoping to extricate itself from a sticky...

Indian Automobile Industry valued at $ 108 Billion in 2022-23: Primus Partners

Primus Partners Pvt. Ltd. (Primus), a pioneer in the realm of management consulting services reported that the automobile industry registered an astounding employment figure of over 1.9 crore++ occupying paramount i...

BYD India partners with Bajaj Finance to offer finance solutions for vehicles

BYD India, a subsidiary of the world's leading New Energy Vehicle manufacturer BYD, announced the signing of a Memorandum of Understanding (MOU) with Bajaj Finance Limited (BFL), the lending arm of Bajaj Finserv Ltd...

DriveX with Rs 12–14 crore turnover in FY23 aims 10X YOY growth

In an interview with Motown India’s Roy P Tharyan, the Co-founder & CTO, DriveX, Christopher Sargunam, talks about his company’s short journey since its initial investment from TVS. DriveX has also been co founded b...

2 wheeler sales grow 9.32pc YOY in May 2023: FADA

The Vehicle Retail Data for May’23 released by the Federation of Automobile Dealers Associations (FADA) clearly demonstrates that the two wheeler industry has shown a positive growth.

Mobec successfully raises $1 mn during ongoing seed fundraise

Mooting the idea of providing mobile-tech charging for passenger electric vehicles, anytime and anywhere, Mobec Innovations Pvt Ltd, India’s first full-stack M-CAAS (Mobile-Charging as a Service) green company, has ...

Two wheelers retail sales grow by 24pc in Nov 2022: FADA

According to Nov 2022 sales data released by the Federation of Automobile Dealers Associations (FADA), the Indian 2W segment showed a huge growth of 24% YoY but fell marginally by 0.9%, when compared to Nov’19, a pr...

Honda leads in 2 wheeler sales; Ola emerges leader in e-2wheelers: FADA

According to the Federation of Automobile Dealers Associations (FADA), the 2W segment is yet to show signs of any revival as it remains a drag by falling as much as -14% in retail sales for the month of September 20...

Two wheeler retail sales take a hit in May 2022, says FADA

Retail sales of two wheelers, primarily comprising of IC engine powered vehicles, slumped in the month of May 2022 as compared to May 2019.

Rahul Bajaj, the cowboy of Indian auto industry, is no more

Rahul Bajaj, the industrialist who minced no words in calling a spade a spade, is no more. He was the cowboy of Indian auto industry, who feared no one. Rahul Bajaj, who was ailing for some time, breathed his last o...

Emkay sees 67% revenue growth for Tata Motors passenger vehicles

As per a research report released by Emkay Global Financial Services the overall revenue growth for companies (ex-Tata Motors) under coverage to remain flat YoY in Q3FY22, as volume growth was affected by temporary ...

High speed e-two wheeler sales jump 425pc, grabs 61pc of E2W market

The year 2021 has clearly shown that Indians have begun to prefer registered high speed electric two wheelers (E2W) as compared to non-registered low speed two wheelers. Thus, while registered high speed two wheeler...

Two-wheeler retail sales slide 20pc in December 2021: FADA

The Indian two-wheeler industry took a severe beating in domestic sales in the month of December 2021 as compared to December 2020 for a plethora of reasons that included high cost of ownership, bad rural sentiment,...

Tech rich cars hit by semi conductor shortage; worst festive sales in decade: FADA

The rich and the well off in India want their tech-savvy cars, but there’s a huge slump in supply because of the paucity of semi conductors. Those at the lower income bracket, who are keen to buy cars, feel they rat...

Pierer Group, Bajaj Auto sign contracts to simplify shareholding structure

As announced on July 26, 2021, the Bajaj Group and the Austrian Pierer Group have simplified the shareholding structure in the operating KTM AG. Bajaj Auto Ltd. and its subsidiary Bajaj Auto International Holdings B...

Bajaj Auto to gain post simplified equity structure in Pierer Mobility

Bajaj Auto’s clout in the global motorcycle market, both in the conventional IC engine space as well as the electric two wheeler space, will increase considerably once the proposed simplified equity structure in the...

Bloodbath in Auto Industry for May 2021, reveals FADA retail data

The retail sales of automobiles plunged for the month of May 2021 with sales falling by as much as (-) 55 per cent on month on month (MoM) basis. The industry witnessed a bloodbath, claimed the Federation of Automob...

Donations, service extensions, plant shut downs in auto industry

Plant shutdowns, donations and service extensions are being increasingly witnessed in the Indian auto industry.

Fiscal 2020-21, April 2021 vehicle registrations down (-) 38pc, (-) 28 pc: FADA

For the financial year 2020-21, the total vehicle registrations in the country were down by (-) 30%. This figure is incidentally even below the fiscal 2012-13 level, thus making it the lowest in the last eight years...

Royal Enfield, Yamaha, BMW buck failing 2w sales in Jan 2021

Barring companies like Royal Enfield, India Yamaha and BMW India, almost all two wheeler manufacturers in India registered a slump in sales in January 2021 as compared to January 2020. The growth for several compan...

UNION BUDGET 2021-22 & INDIAN AUTO INDUSTRY

The Union Budget 2021-22 presented by Nirmala Sitharaman, Union Minister of Finance may have got a standing ovation from the punters of the Indian stock market, but for the Indian auto industry, the direct benefits ...

FADA registration data reveals 11pc YOY growth in Dec 2020

The Federation of Automobile Dealers Associations (FADA) released the monthly vehicle registration data for the month of December 2020. The December registrations for the first time in FY20-21 witnessed positive gro...

Tata Motors, Bridgestone, Hyundai, Okinawa, Nissan, JK Tyre reopen plants

In this latest round of resumption of plant operations and other activities, Indian auto companies in the news include Tata Motors, Honda Cars India, Bridgestone India, Toyota Kirloskar Motor, Hero MotoCorp, Hyundai...

Zero domestic sales for auto majors; Bajaj Auto, Hyundai largest exporters in April 2020

As was expected, the Indian automobile manufacturers recorded zero sales in the domestic market, while a few managed to record a handful of exports during the lockdown period of April 2020 as a result of the ongoing...

Bajaj two-wheeler sales slump (-) 35pc at 210976 units in March 2020

Bajaj Auto, a leading Indian manufacturer of motorcycles and commercial three-wheelers, recorded a fall of (-) 55 per cent in sales in domestic sales of its two wheelers from 220213 in March 2019 to 98412 units in M...

Ducati India appoints Bipul Chandra as new Managing Director

Luxury motorcycle brand Ducati announced a change in its management structure. With Sergi Canovas moving to an international role, Ducati Motor Holding announced Bipul Chandra as the new Managing Director of the I...

Bajaj Auto motorcycle domestic Sept 2019 sales take a hit of (-) 35pc

Leading two wheeler maker in India and one of the largest exporters of two wheelers in the country, Bajaj Auto recorded a slump of (-)22pc in total sales in September 2019.

Gadkari leaves behind a belligerent tone and assures auto industry

For Union Minister Nitin Gadkari, it’s been a journey from taking on a confrontationist attitude to one of being benign and accommodating. At the 59th Annual Convention of the Society of Indian Automobile Manufactu...

Bajaj Auto domestic sales dip 15 per cent in July 2019

For the month of July 2019, leading two wheeler manufacturer recorded a negative 15 per cent growth in sales for motorcycles in the domestic market at 170978 units as compared to 201433 per cent in July 2018.

Besides 18-year low, every passenger vehicle player registers negative growth in May 2019

While the month of May 2019 registered an 18-year low in terms of domestic sales for passenger vehicles (PV), the disturbing factor is that each and every of the 17 PV player recorded a negative growth. Such is the ...

Government EV targets need to be practical says auto industry

The Indian auto industry is not too happy with the aggressive road map being laid out by the government in bringing electric vehicles into the country. Both the Society of Indian Automobile Manufacturers (SIAM) and ...

Flash Electronics files suit in U.S against Royal Enfield for patent infringement

Flash Electronics India Ltd, a leading electronic and electric auto components player has filed a law suit against Royal Enfield challenging patent infringement in the US regarding production of an important compone...

ICAT geared up to boost electric mobility through testing services

As India moves towards adopting complete electric mobility by 2030, the International Centre for Automotive Technology (ICAT), located in Manesar, in the northern automotive hub of India, have begun to offer testing...

Interview with Dinesh Tyagi, Director, International Centre for Automotive Technology (ICAT)

Interview with Dinesh Tyagi, Director International Centre for Automotive Technology (ICAT) on Nugen Mobility Summit 2019

February 2019, a dismal month for Indian PV & 2-Wheeler manufacturers

The month of February 2019 has been a dismal month for automobile manufacturers, both four wheelers and two wheelers. According to the latest sales data released by the Society of Indian Automobile Manufacturers (SI...

SIAM hosts 13th edition of Styling and Design Conclave

The 13th SIAM Styling and Design Conclave and 11th Automotive Design Challenge organised by the Society of Indian Automobile Manufacturers (SIAM) based on the theme: ‘Shaping Tomorrow’s Mobility Business’ saw a myri...

Mahindra BAJA SAEINDIA 2019 successfully concludes its 12th Edition

The Institute of Technology, Nirma University from Ahmedabad was declared the ‘Best eBAJA Team’ and the Government College of Engineering from Pune was declared the ‘Best mBAJA Team’at the end of the 12th edition of...

Bajaj Auto launches new brand identity -The World’s Favourite Indian

Building on its ‘Hamara Bajaj’ roots, two-wheeler manufacturer Bajaj Auto Ltd released its new brand identity as “The World’s Favourite Indian” to announce its transition from a domestic scooter maker to a global mo...

Advik Group conducts groundbreaking ceremony for its 9th plant

Advik Hi-Tech, a leading global automotive component manufacturer signaled the expansion of its global production network with the groundbreaking ceremony for its 9th plant and its 3rd in Pune. With this addition, t...

CEAT launches Gripp X3 – Everlasting Grip Tyres for motorcycles in India

CEAT Ltd has launched its new range of Gripp X3 – Everlasting Grip tyres for the motorcycle segment in India. These newly launched range of tyre with ‘Everlasting Grip’ with the help of Dual Compound Technology, de...

Shoeb Farooq will now head Triumph Motorcycles India

Shoeb Farooq, Head Sales & Dealer Development, Triumph Motorcycles India has been promoted to take on role of the Managing Director of the company with immediate effect, after Vimal Sumbly resigned from the company....

Vimal Sumbly, MD, Triumph Motorcycles India resigns

Vimal Sumbly, Managing Director, Triumph Motorcycles India has resigned from the company. Sumbly had been with the company for the last five years since its inception.

Harley-Davidson succumbs to Indian curry, plans 250-500cc bikes for India

Iconic motorcycle manufacturer of the US and a favourite company of US President Donald Trump is beginning to appreciate the flavour of Indian curry. It has just announced its own recipe for the Indian palate wherei...

Major organisational changes in Bajaj Auto; Rakesh Sharma is new CCO

Leading motorcycle manufacturer Bajaj Auto has appointed Rakesh Sharma the company’s Chief Commercial Officer (CCO), a post newly created, with immediate effect. The announcement was made through in an internal comm...

Safe, clean, affordable, shared and smart mobility mooted

There is an urgent need in India for development of mobility that is safe, clean, affordable, shared and smart. And in order to achieve this, several steps need to be taken by the government and other stakeholders. ...

Sumitomo Corporation buys 49% stake in Mukand Sumi Special Steel

Sumitomo Corporation has brought a 49% stake for Rs 1180.99 Cr in the joint venture company, Mukand Sumi Special Steel Limited, a leading specialty steel supplier for the fast growing automotive and engineering indu...

Interview with Pradeep David,  General Manager, Universal Robots – South Asia. Universal Robots

Interview with Pradeep David, General Manager, Universal Robots – South Asia. Universal Robots

Brembo launches two Bybre products for scooters, motorcycles

Brembo Brake India which is engaged in development, production and sales of disc brake systems for 2 wheelers with the Bybre brand has launched two new products for the scooter and motorcycle segment at the Auto Ex...

Bajaj exports more than domestic sales in December 2017

Leading two-wheeler manufacturer Bajaj Auto which manufactures and sells motorcycles under the brand name Bajaj and KTM, has managed to export more motorcycles out of India than its total domestic sales. The company...

Advik Group bags Rs 350 crore order from Magna International

Advik Hi-Tech, a leading global automotive component manufacturer announced that it has won 6 orders for supply of Transmission Oil Pumps from Magna Powertrain, the largest independent supplier of 4WD/AWD systems gl...

Indian Auto industry figures Oct 2017, a quick glance

A total of 2,162,164 units of vehicles that included passenger vehicles, commercial vehicles, three-wheelers and two-wheelers were sold in the country and 314,397 units exported.

REWIND: Gadkari speech, so full of contradictions

Not many realised that Union Transport Minister Nitin Gadkari who addressed the auto industry leaders at the 57th SIAM Annual Convention in New Delhi last month left the audience not in splits, but in an absolute st...

Who’s sold more, who’s sold less? Indian Auto industry figures Sept 2017

Here are some interesting facts about the Indian automotive industry in terms of domestic sales and exports. These figures have been culled out from the production, sales and exports figures for the month of Septemb...

JBM Group denies recovery of Rs 7 crore cash and gold in I-T raids

Immediately after a news agency reported that Income Tax officials had raided the premises of SK Arya controlled US $ 1.2 billion JBM Group (Jai Bharat Maruti) and had recovered around Rs 7 crore cash and three kilo...

Interview with Jose Villegas, Global Sales & Marketing Director, UM International, LLC

Interview with Jose Villegas, Global Sales & Marketing Director, UM International, LLC

Gadkari makes the Indian auto industry the whipping boy

Suddenly the Indian auto industry is the whipping boy for the Government. Road Transport Minister Nitin Gadkari told a stunned gathering of leaders from the Indian auto industry that he would ensure that petrol and...

Bajaj Auto, Triumph Motorcycles UK global partnership for mid-capacity bikes

Triumph Motorcycles of UK and Bajaj Auto have announced a global partnership to deliver a range of mid-capacity motorcycles (300cc to 500cc) benefiting from the collective strengths of both companies. This partnersh...

SC bans BS III vehicles; Industry saddled with 8.2 lakh vehicles

The Supreme Court has banned sale of Bharat Stage III (BS-III) vehicles after March 31, 2017. This ruling will have an adverse effect on the Indian automobile industry which currently has an unsold inventory of near...

Uno Minda Group in JV agreement with Katolec Corporation of Japan

Minda Industries Limited, the flagship company of Uno Minda Group has entered into Joint Venture (JV) agreement with Katolec Corporation, Japan. The proposed name for the joint venture company is Minda Katolec Elect...

Bajaj Auto first to comply with BS IV emission norms

Bajaj Auto has announced that it is ready to comply with EPCA’s direction of neither selling nor registering any pre – BS IV vehicle from April 1, 2017. The company announced that all its two and three-wheelers manu...

Bajaj Auto commences production of its most powerful bike ever

Bajaj Auto has commenced the production of its biggest and most powerful 400cc bike. The first batch of the bike was rolled out at Bajaj Auto’s Chakan plant. What made the roll-out even more special was that this ca...

Metro Tyres forays into motorcycle radial tyres

One of the country's leading cycle tyre manufacturers Metro Tyres Ltd. announced its foray into the motorcycle radial tyre sector on September 7, 2016. The company at present holds almost 24pc market share in the cy...

TWO-WHEELER SPECIAL: Standing Tall On Two Wheels

The Indian two-wheeler industry is gleefully hoping that the remaining months of the current fiscal 2016-17 will see a spurt in demand for two-wheelers.

ACMA’s summit focuses on ‘Make Quality & Technology in India’

The Automotive Component Manufacturers Association (ACMA), the apex body representing the Indian auto component Industry organised the New Delhi Automotive Summit 2016 on the theme “Make Quality & Technology in Indi...

Kaher Kazem replaces Arvind Saxena as new President & MD, GM India

Kaher Kazem has been appointed president and managing director of GM India, effective January 1, 2016. He will be based at GM India’s Gurgaon headquarters. Kazem replaces Arvind Saxena in GM India.

SPECIAL REPORT ON INDIAN TYRE INDUSTRY: An Un-Tyre-ing Journey

The Rs 50,000 crore Indian tyre industry today has a few reasons to smile and a few reasons to frown. On the one hand, after a lull in the industry while the demand for tyres in 2015-16 is seeing a growth coupled wi...

House Full at Auto Expo –The Motor Show 2016

Despite the absence of a few big names like Harley-Davidson, Bajaj, Daimler India Commercial Vehicle (DICV) and Royal Enfield, the entire space at the Auto Expo-The Motor Show 2016 to be held at the India Exposition...

ICOTY, IMOTY 2015 awards announced

The auto award season got off to a cool start with the Hyundai Elite i20 car and the Harley Davidson Street 750 motorcycle grabbing the 10th Indian Car of the Year (ICOTY) and the 8th Indian Motorcycle of the Year (...

Minda Stoneridge Instruments Ltd awarded

Minda Stoneridge Instruments Ltd., Pune received the BAL TPM Excellence Award from its customer Bajaj Auto Ltd. (BAL) on May 13, 2014 at a vendor meet held in Pune. The award was given by Rajiv Bajaj, MD - BAL and P...

Autodesk unveils 2015 Design Suites in India

Autodesk, Inc. has announced the release of its Autodesk 2015 Design Suites in India, featuring tighter integration with Autodesk cloud services. The 2015 Design Suites offer customers the ability to collaborate, si...

Shriram Pistons management appeals for normalcy

With the ongoing elections in the country, workers at automotive plants seem to be on a disruption mode. While the Toyotas and the Bajajs are facing severe hardship on this front, it now seems to be the turn of Shri...

Rajiv Bajaj says Union demands “entirely insane”

In a strongly worded message issued to the media on April 17, 2014 against his company’s union, Rajiv Bajaj, Managing Director of Bajaj Auto Ltd has said the demands of the union are “entirely insane”. The union is...

Tata Fund invests Rs 300 crore in Varroc Group

Tata Opportunities Fund (TOF), the flagship private equity fund of Tata Capital, is investing Rs 300 Crore (USD 50 million) in Varroc Engineering Private Limited, the holding company of the Varroc Group, according t...

New Yokohama plant to manufacture Earth-1 Tyres

Yokohama India Pvt. Ltd, a 100pc subsidiary of Japan based Yokohama Rubber Co. Ltd that came into India in 2007, inaugurated its first tyre manufacturing unit at HSIIDC Bahadurgarh in Haryana in North India. The pla...

Interview with H.P. Nanda, Director - Strategy and Growth Initiatives, DuPont India

Collaboration has always been our DNA and we firmly believe in our science-based solutions to truly make a difference. We make one of the advanced polymers which will be able to replace metals in the automobile to m...

Interview with Siddharth Gandhi, Head-Marketing, Sales and Business Development, Autoform India

Even though there is a decline in the aftermarket vertical for us, we have got an additional opportunity as OEMs are looking for seat covers from us. This is because they want to bundle up with freebies in order to ...

Interview with Dinesh Tyagi, Director, International Centre for Automotive Technology (iCAT)

In the next five years, we should be looking at revenue of close to 150 crore. By that time, we will be able to ramp up our headcount to over 400. Within a distance of 7km from iCAT, we will be establishing another...

ESCORTS LTD: Engineering growth

With engineering as its forte, the Nandas of Escorts Ltd have embarked upon an ambitious drive to consolidate its position on the Indian corporate firmament.In an exclusive and extensive interview with Motown India ...

Interview with Vivek Nayer, Senior Vice President, Marketing, Automotive Sector, Mahindra & Mahindra Ltd.

We were a jeep company around the time of independence. We used to manufacture and market jeeps sourced from Chrysler. That has always been our DNA. So we make rough and tough UVs and SUVs and have been the market l...

Interview with Sumit Arora, Research Director—Automotive, Ipsos Marketing

Interview with Sumit Arora, Research Director—Automotive, Ipsos Marketing

‘White Express’ auto service for Gurgaon

To make life easier for commuters in Gurgaon, Ativa Auto Services for the first time launched ‘White

Bajaj Auto clocks 10 mn bikes on DTS-i platform

Bajaj Auto has achieved a landmark sale of 10 million units of motorcycles based on its patented DTS

Indore to host the 5th edition of BAJA SAEINDIA

SAEINDIA, a professional society of automotive engineers with a vision to continuously enrich knowle

Interview with Sameer Sodhi, Director Business Unit, Automotive Lighting, South West Asia, Philips Electronics India Ltd.

We are investing a lot in plants in China where we have two new plants. We also do partnership where we come up with the design and the partner manufactures it as per our specifications.

Fifth edition of BAJA SAEINDIA 2012

M&M and SAE India announce fifth edition of BAJA SAEINDIA 2012

Daimler Financial Services launched in India

Daimler AG has announced the official launch of its financial services unit in India.

Bajaj Auto and SBI tie up

Bajaj Auto and SBI tie up to provide inventory finance to dealers

Bajaj Auto crosses 10 lakh units of Discover

Bajaj Auto Limited (BAL) has recently celebrated the sales of more than 10 lakh Discover motorcycles

The Vespa Returns by 2012

ITALY: At a meeting on June 3, 2010 in Milan (Italy) chaired by Roberto Colaninno, the Board of Dire




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