Auto Industry

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.

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

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...

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, 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...

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...

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.

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 ...

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...

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...

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 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...

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 ...

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...

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,...

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...

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’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...

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...

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

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...

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...

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 ...

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...

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...

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 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...

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...

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.

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.

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 ...

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 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...

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...

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...

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

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...

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...

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 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

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...

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 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...

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.

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...

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

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...

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...

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 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 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...

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...

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.

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 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.

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...

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...

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., 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, 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...

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...

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 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...

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...

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...

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 ...

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...

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 ...

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

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

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

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.

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

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

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

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