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.

Business leaders in the automotive space hailed the Interim Budget 2024-25 presented by Finance Minister Nirmala Sitharaman for its clear focus on strengthening the electric vehicle ecosystem at large.

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...

In order to drive circular economy, the Society of Indian Automobile Manufacturers (SIAM), the apex automotive industry body, organised a seminar on 'Achieving Circularity in the Automotive Industry through Extended...

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...

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.

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...

Philippines based Columbian Group of Companies, distributors of commercial and passenger vehicles will soon be assembling and distributing Hero MotoCorp motorcycles in Philippines. A partnership has been formed betw...

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...

Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, sold 445,580 units in July 2022.

iCreate (International Centre for Entrepreneurship and Technology) India's leading innovation-based start-up incubator announced the launch of EVangelise’22 - India’s largest EV innovation challenge, in partnership ...

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...

LML Electric, a company owned and controlled by Yogesh Bhatia (the man behind Detel electric bikes) has announced a strategic partnership with New Delhi based Saera Electric Auto, a sister concern of Satra Group of ...

Hero MotoCorp has announced a new investment of up to Rs. 420 crore in Ather Energy.

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 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,...

Power Global, a leading provider of high-performance clean energy and mobility products for everyday applications, has announced a strategic partnership to supply its eZee swappable lithium-ion battery technology to...

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...

Napino Auto & Electronics Ltd., India’s premier Tier 1 automotive component manufacturing company, has announced a strategic partnership with Enedym Inc., a Canada based company with patented Switched Reluctance Mot...

GoMechanic, a leading technology-enabled auto after-sales service and spare parts company, has announced securing US$42Mn in Series C funding in a round led by Tiger Global Management with the existing investors Seq...

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...

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...

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...

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...

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...

Leading motorcycle and scooter manufacturer Hero MotoCorp has surpassed the significant milestone of 100 Million (10 crores) units in cumulative production. The 100 millionth bike, the Xtreme 160R, was rolled-out of...

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...

Harley Owners Group (HOG) conducted nation-wide dark rides and rallies to support the cause of several Harley Davidson dealers who they feel have been hit hard because of the US company’s decision to close shop here...

A month after US motorcycle major Harley-Davidson announced its decision to shut its manufacturing unit in India, comes the news that Harley-Davidson and India’s leading motorcycle and scooter manufacturer Hero Moto...

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...

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...

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...

Roy P. Tharyan, Editor, Motown India meets up with Naveen Munjal, MD, Hero Electric and asks him about his company's journey in the electric vehicle space. Munjal talks about his company, his products, his plans and...

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 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...

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...

Synergies Castings Limited, India’s leading aluminium alloy wheel manufacturer announced the signing of an MoU with the Government of Andhra to establish a major greenfield aluminium casting and specialty alloy whee...

Hero MotoCorp Ltd has set a new benchmark in the two-wheeler market by launching an e-commerce portal to retail Hero Genuine Parts and Accessories. The portal, www.hgpmart.com is an exclusive e-commerce platform ded...

Hero MotoCorp Ltd., the world’s largest two-wheeler manufacturer, capped-off the calendar year (January-December 2017) with yet another global benchmark, surpassing the landmark seven million units in cumulative sal...

TVS Motor Company registered a sales growth of 39% increasing from 184,944 units in December 2016 to 256,909 units in the month of December 2017. Two-Wheeler Total two-wheeler registered growth of 37.9% with s...

TVS Motor Company has launched the TVS Apache RR 310. The motorcycle marks TVS Motor Company’s entry into the super-premium segment, both in domestic and international markets. The TVS Apache RR310 will be availabl...

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...

Bengaluru based Ather Energy has announced that India’s first truly smart, electric scooter, the S340 will begin mass production in the coming months at its new factory in Whitefield Bengaluru. The company kick-star...

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...

Bengaluru based Ather Energy, the smart electric two-wheeler start-up, announced a fresh round of funding of Rs 180 crores from Hero MotoCorp for 26-30% stake.

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.

‘Kabali’, the blockbuster Tamil movie starring south Indian superstar Rajnikanth got off to a roaring start in July 2016 across cinema halls in India. While Rajnikanth is, without doubt, a showstopper and a star to ...

The Board of Directors at Hero MotoCorp Ltd has reappointed Pawan Munjal as the Chairman, Managing Director & Chief Executive Officer of the company for a period of five years with effect from October 1, 2016. His c...

Sunil Kant Munjal, Joint Managing Director, Hero MotoCorp, and Chairman, Hero Corporate Service has decided to step down from the Board of Directors of Hero MotoCorp, once his tenure as the Joint Managing Director o...

He was the real Hero of the Indian auto industry. Dr. Brijmohan Lall Munjal, the Founder of the diversified Hero Group and a Padma Bhushan awardee, passed away on November 1, 2015. He was 92 years old. Dr. Munjal wa...

One of the doyen’s of the Indian auto industry, Dr. Brijmohan Lall Munjal, passed away in New Delhi on November 1, 2015 at 7.05 pm. He was 92 years old. Dr Munjal was the Founder of the diversified Hero Group. Dr. M...

Leading Indian motorcycle manufacturer Hero MotoCorp Ltd. (HMCL) set a historic milestone with its ‘first’ global manufacturing facility, at Villa Rica, in Colombia going operational, on September 8, 2015.

Union Minister of Road Transport and Highways Nitin Gadkari has stated that the Government has been mulling the option of creating a new department of transport which will be headed by a new Secretary. The new depa...

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...

The wholly owned subsidiaries of HMCL --- HMCL NA, Inc. and HMCL Americas, Inc.----as per a “Settlement Agreement,” have agreed that HMCL Americas Inc. will acquire the ownership of certain tangible and intangible a...

Karnataka is India’s eighth largest State in terms of area and 9th largest State in terms of population. Some of the prominent cities in the state are Bengaluru, Mysore, Mangalore, Belgaum, Gulbarga, Hubli-Dharwad,...

Andhra Pradesh is the eighth largest state in India and besides having abundant natural resources and mineral wealth, it boasts of the second longest coastline in the country. The State has thirteen districts. With ...

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...

Honda is the world’s largest manufacturer of two wheelers. Honda Motorcycle and Scooter India Pvt. Ltd. (HMSI ), a 100 pc subsidiary of Honda Motor Company Ltd., Japan , was created in 1999, after splitting with ers...

India’s leading manufacturer of two wheelers Hero MotoCorp Ltd (HMCL) has announced that the US based company Erik Buell Racing in which it had invested US $ 25 million (Rs 156 crore by today’s exchange rate) has ce...

What have we got for you in our April 2015 Issue of Motown India? Well, for starters, we take a look at all the cars and bikes launched in the month of March which includes the Range Rover Evoque which will now be m...

HMC-MM Auto Ltd., the joint venture company formed between Hero MotoCorp Ltd. (HMCL) and Milan (Italy)-headquartered Magneti Marelli (MM), has inaugurated its first autonomous ‘Production and Development Centre’ at ...

It was a year of several milestones for India’s leading motorcycle manufacturer Hero MotoCorp Ltd., the world’s largest two-wheeler manufacturer. It established yet another industry landmark with its best-ever calen...

The Hero MotoCorp Ltd plant at Neemrana in Rajasthan has gone on stream. The plant will contribute towards enabling the company to surpass 100 million units in cumulative production by year 2020.

Sounding extremely optimistic about the Indian automobile industry, Nitin Gadkari, Union Minister of Road Transport and Highways, stated that the Indian auto industry has the ability to convert the various challenge...

Innovation has a positive impact on the growth of the automotive industry. Automotive leaders and experts unanimously agreed that the Indian automotive industry has to embrace and adopt different innovative ways to ...

Anil Dua has decided to resign from his post of Senior Vice President of Sales & Marketing, Hero MotoCorp. He has quit to pursue opportunities elsewhere. According to unconfirmed sources, he has got a job opportunit...

There is blood all over the Indian automotive industry. The only solace one gets is from the scooter and motorcycle segment where the likes of Honda Motorcycle and Scooter India (HMSI), TVS India, Suzuki Motorcycle ...

Barely a few days after Finance Minister P Chidambaram announced an excise duty reduction in the Interim Budget 2014, vehicles makers across the country have announced price cuts of their model range. In the Interim...

Leading two-wheeler manufacturer in India Hero MotoCorp demonstrated its technological prowess by showcasing several new models at the Auto Expo. The Hero Hastur , an all-new 620-cc motorcycle promises to shake-up ...

Our vision is to become a global conglomerate and we will be working on multiple directions to further our objectives. On one hand, we will continue to enhance our base in the two-wheeler market by adding new custom...

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 ...

Hero MotoCorp Ltd. (HMCL), has announced the launch of brand ‘Hero’ and its range of two-wheelers in

Our products are mainly OEM centric. There is a very small requirement of our parts in after sales, which we cater through OEMs only, as quite a few parts are safety related. We do not want to enter in direct after ...

ACMA, the apex body of the Auto Component Industry in India today hosted its 52nd Annual session

The ‘AVL’ name is synonymous with diesel. We started as a diesel-centric company in the 40s. And we were the first ones to propagate direct injected diesel engines that meet NVH challenges. We have been doing a lot ...

Hero MotoCorp sold 5.4 million two-wheelers in 2010-11 and aims to exceed sale of six million units this financial year. A factor such as rising input costs affects all players equally.

Hero MotoCorp sold 5.4 million two-wheelers in 2010-11 and aims to exceed sale of six million units this financial year. A factor such as rising input costs affects all players equally.

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

Hero MotoCorp Ltd. (HMCL) has announced forging a strategic partnership with Erik Buell Racing (EBR)

Hero MotoCorp Ltd., formerly known as Hero Honda, has launched its new name and logo at the O2 Arena