Auto Industry

The three-day 5th edition of ACMA Automechanika New Delhi is scheduled to hit the ground from February 1 to 3, 2024 at Pragati Maidan, New Delhi bringing together 500+ exhibitors from 12 countries.

Hyundai Motor India Limited (HMIL) has signed an Asset Purchase Agreement (APA) for the acquisition and assignment of identified assets related to General Motors India (GMI)’s Talegaon Plant in Maharashtra.

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.

Overall, the Indian automobile market has witnessed a resurgence across the various segments for the month of May 2023. This was revealed in the retail sales figures announced by the Federation of Automobile Dealers...

Major automotive shows like the Auto Expo-The Motor Show, Auto Expo- The Components Show and the ACMA Automechanika will now be coming back to life after a couple of years disruption caused by the covid-19 pandemic...

Nissan has expanded the number of export markets for its highly popular Magnite compact SUV to 15 in total, following a successful first year on sale.

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 ...

Though Maruti Suzuki continues to lead the pack of four-wheel passenger vehicle companies in India when it comes to December 2021 domestic sales, its numbers too fell for the month along with several other companies...

The India e-bike market was valued at USD 1.02 million in 2020, and it is expected to reach USD 30 million by 2026.

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...

Nitin Gadkari, Minister of Road Transport & Highways, Micro, Small & Medium Enterprises, Government of India recently requested Rajeev Chaba, President and Managing Director, MG Motor India and Paytm Founder & CEO V...

Suzuki Motorcycle India Pvt. Ltd. (SMIPL), announced the appointment of Satoshi Uchida as the new company head. As a part of the SMC’s global revamp, Satoshi Uchida succeeded Koichiro Hirao with effect from May 1, 2...

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

The Indian auto industry is going all out to help the country in production of oxygen, even as it is grappling with woes at its own end. India Yamaha Motor (IYM) is among the companies that have decided to suspend m...

Indian auto companies like JCB India, MG Motor India, Maruti Suzuki and Hero MotoCorp have either shut down or are shutting down their plants for a few days as a result of the prevailing covid-19 conditions. Some of...

In keeping with its commitment to the safety and welfare of its people, Hero MotoCorp has decided to proactively halt operations temporarily at all of its manufacturing facilities across the country, including its G...

The Federation of Automobile Dealers Associations (FADA) has in its Monthly Vehicle Registration Data for March 2021 stated that while March automobile registrations continue to fall by (-)28.64% year on year (YoY )...

India’s leading rating agency ICRA has estimated that the revenue decline for the Indian auto component industry will be limited to 6-8% in FY2021 supported by the better-than-expected demand pick-up across most seg...

Indian automotive companies emerging from the COVID-19 crisis can now look forward to sound professional advice to overcome challenges they may be facing on several fronts. The challenges could be related to their i...

Recognising the need to prepare over 20,000 auto dealerships to engage with customers in the ongoing and post pandemic era, Automotive Skills Development Council (ASDC) and Federation of Automobile Dealers Associati...

Finally and formally two major car companies of the world, Peugeot S.A. (Groupe PSA) of France and Fiat Chrysler Automobiles N.V (FCA) of Italy, have merged and a new entity has emerged, Stellantis. The word Stellan...

The demand and volumes of electric two wheelers (e-2Ws) have witnessed a very lackadaisical growth in recent years and despite the government’s thrust on adoption of electric vehicles (EV).

Honda Cars India Ltd. (HCIL) has stopped production of its cars at its Greater Noida plant. The Japanese company has two plants in India, one in Greater Noida which was established first, and the other at Tapukara ...

Suzuki Motor Gujarat Private Limited (SMG), a subsidiary of Suzuki Motor Corporation for the production of automobiles in India, has achieved accumulated automobile production of 1 million units on October 21, 2020.

Tata Technologies, a global engineering and product development digital services company, and GKN Automotive, a global leader in driveline systems and advanced ePowertrain technologies, announced the opening of an a...

ICRA, an independent and professional investment Information and Credit Rating Agency states that automobile dealerships across India continue to face tough times. As if the demand slowdown due to macroeconomic chal...

KN GUPTA, Joint Managing Director, Maclite (Super Nova Autolite Pvt Ltd) & MD, SKNG Business Solutions Pvt Ltd reveals in an interview with Motown India Editor Roy P. Tharyan, that the auto industry in India is toda...

Tata Motors announced a significant milestone in the electric vehicle (EV) domain by rolling out the 1000th Nexon EV from its plant in Pune.

New contactless touchscreen technology developed by Jaguar Land Rover and the University of Cambridge will help keep drivers’ eyes on the road and reduce the spread of bacteria and viruses in a post COVID-19 world.

With social distancing the norm of the day during the prevailing covid-19 pandemic, Luxury Ride, a growing chain of pre-owned luxury cars, announced that it is expecting as much as 60% of all its revenues to come fr...

Despite the raging covid-19 pandemic, Mercedes-Benz India was able to deliver 2948 new cars (retail sales) to customers in the first half of 2020 (January to June 2020). The June 2020 sales however showed first sig...

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...

Indian auto companies that were forced to shut their plants in the wake of the lockdown that followed the precautions against covid-19 pandemic have now started their local production at their respective plants acro...

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...

If one were to calculate by what SIAM has to say wherein each day of plant closure will trigger a loss of more than Rs 2300 crore in turnover for auto OEMS and component manufacturers, then what we are looking at i...

Automobili Lamborghini is converting departments of its super sports car production plant in Sant’Agata Bolognese in order to produce surgical masks and protective plexi glass shields. The masks will be donated to t...

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...

Honda Motorcycle & Scooter India Pvt. Ltd. is among the very few auto majors that managed to buck the negative trend because of the covid-19 threat as it closed March 2020 with total sales of 2,61,699 units as again...

Suzuki Motorcycle India Pvt. Ltd. (SMIPL) concluded the fiscal year on a positive note by registering 5.7% growth over FY2018-19.Cumulatively, SMIPL sold 790,397 units from April 2019 – March 2020, compared to 747,5...

In spite of the fact that the Indian auto industry will be incurring a loss of approximately Rs 50,000 crore in turnover for the 21-day plant shutdown as a result of the countrywide lockdown due to the ongoing coron...

TVS Motor Company registered sales of 144,739 units in March 2020 as against 325,323 units in March 2019.

Having successfully liquidated all its BS4 stocks even at the dealership level, TKM sold a total of 7023 units of BS6 vehicles to its dealers (wholesales) in the month of March 2020. To lessen the burden on its deal...

Honda Cars India Ltd. (HCIL) registered its annual domestic sales of 102,016 units during FY 2019 – 20. The company’s monthly sales stood at 3,697 units in March 2020. The company had sold 183,808 units during FY 18...

Kia Motors India, wholly-owned subsidiary of Kia Motors Corporation, sold 8,583 units for the month of March 2020. The company sold 7,466 units of Seltos and 1,117 units of Carnival during the month. While Kia Motor...

Royal Enfield posted sales (both domestic and exports) of 35,814 motorcycles in the month of March 2020, against the sales of 60,831 motorcycles for the same month last year, thereby registering a minus (-) 41 per c...

Like all vehicle manufacturers in the country, Tata Motors too posted miserable sales for its passenger vehicles for the month of March 2020. The company sold 5676 units as compared to 17810 units in March 2019. Thi...

MG Motor India announced that it has recorded a total retail sale of 1518 units in March 2020. This includes 116 units of ZS EV, the country’s first pure electric internet SUV, and 1402 units of the Hector.

Mahindra & Mahindra Ltd. (M&M Ltd.) sold a total of 3384 units of passenger vehicles in March 2020 (domestic as well as exports) as compared to 27,646 units in the corresponding period last year. This meant, the co...

Hyundai Motor India Ltd could not have ended the fiscal 2019-20 on a more disastrous note with overall sales (domestic and exports) slumping by 40.69 at 32,279 units in March 2020 as compared to 61,150 units in Marc...

The lockdown resulting from the pandemic coronavirus or covid-19 has begun to reflect in the sales of vehicles for auto companies in India. Maruti Suzuki India Limited sold 83,792 units in March 2020 as compared to ...

Unmindful of the huge losses that the auto industry is incurring because plant shutdowns as a result of the country-wide lockdown in the midst of coronavirus or covid-19 fears, several auto companies and auto compon...

Tata Motors Ltd (TML) has spun off its passenger vehicles (PV) as well as its electrical vehicle (EV) business into a separate subsidiary. The TML Board has approved a plan to make the company’s PV as well as EV bus...

The auto industry will be very adversely impacted by the ongoing COVID-19 crisis. The shutting down of plants temporarily by all auto OEMs and component manufacturers across the country will trigger a loss of more t...

As the Indian Government announced a 21-day lockdown in order to contain the coronavirus, India’s largest bike share mobility company Rapido has decided to limit its services temporarily under further notice.

Okinawa has put all its manufacturing operations on hold until further notice amidst the Covid 19 breakout. The duration of this shut down will depend upon the government policy.

Kia Motors India has decided to suspend all its operations with immediate effect. With this, company’s manufacturing facility in Anantapur (Andhra Pradesh) and company office premises will stop functioning until fur...

As the Government announced a lockdown across various districts of the country in a bid to tackle the Coronavirus disease (Covid-19), Lohia Auto, an electric vehicle player, announced its closure of its production a...

Rajan Wadhera, President, Society of Indian Automobile Manufacturers (SIAM) has urged both the OEMs as well as auto component companies to shut their plants in the light of the grave situation arising out of the spr...

Renault India and Nissan India have temporarily suspended production at its Alliance manufacturing facility, Renault Nissan Automotive India Private Ltd. (RNAIPL) in Chennai.

Rockman Industries, the auto-components arm of Hero Group, has suspended all operations in its 7 facilities till March 31, 2020. Rockman has its manufacturing units in Ludhiana, Haridwar, Bawal, Chennai, Tirupati a...

TVS Motor Company has decided to halt all manufacturing operations at its plants in India and Indonesia till further notice in order to tackle the spread of COVID-19 (Coronavirus). The company has decided that all ...

India Yamaha Motor (IYM) Pvt. Ltd. has taken the preventive counter-measure against the spreading coronavirus (covid-19) by suspending its manufacturing operations at its Plants in Chennai (Tamil Nadu), Surajpur (Ut...

Benelli, a leading worldwide manufacturer of premium bikes and Adishwar Auto Ride India – Mahavir Group, announced that Benelli India has shut down all operations at its manufacturing and assembly plant based out of...

Hyundai Motor India will be suspending its manufacturing operations at the Chennai facility from Monday, March 23, 2020 till further notice to stop the spread of coronavirus (COVID-19) - a global pandemic.

The global auto industry is in a recession, while the Indian auto industry has been bombarded with woes of its own. And to make matters worse for everybody, the coronavirus fears have now forced several companies to...

Fiat Chrysler Automobiles (FCA) together with Fiat India Automobiles Private Limited (FIAPL), FCA’s joint venture manufacturing facility in Ranjangaon, announced that it will work with the Government to temporarily ...

Hero MotoCorp has decided to halt operations at all its global manufacturing facilities – including in India, Colombia and Bangladesh - and the Global Parts Centre (GPC) at Neemrana with immediate effect until March...

Honda Motorcycle & Scooter India Pvt. Ltd. announced precautionary measure as it diligently monitors current COVID-19 pandemic situation. The company has temporarily announced shutdown of operations across all its f...

In view of the escalating COVID-19 situation and to ensure safety and well-being of all its associates, Honda Cars India Ltd. has informed its associates and suppliers that production operations at both its manufact...

Mahindra and Mahindra Limited announced proactive, preventive and pre-emptive measures at all their offices and manufacturing locations in India, to ensure employee safety and contain the spread of the CoronaVirus (...

Maruti Suzuki Ltd, the country’s largest car manufacturer has decided to close production at its plants in Haryana following the Government policy that now requires closure of such production facilities across the s...

Toyota Kirloskar Motor (TKM) has decided to temporarily halt production in its plant in Bidadi, Karnataka till further announcement. The decision was taken keeping in mind the safety and security of the company’s em...

The domestic automotive industry is likely to be negatively impacted due to the recent outbreak of coronavirus (COVID-19) across China and neighbouring countries in South-East Asia.