Auto Industry

Honda’s group of companies in India, comprising Honda Motorcycle & Scooter India (HMSI),Honda Power Pack Energy India (HEID), Honda Cars India Limited (HCIL)& HIPP (Honda India Power Products) is participating in th...

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.

Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s Auto Component manufacturing industry announced the findings of its Industry Performance Review for the first half o...

After almost trebling to 7.3 lakh units last fiscal, volume growth of electric two-wheelers (e2Ws) is set to slow to 25% this fiscal following the recent reduction of subsidy under the FAME-II scheme and consequent ...

According to a Crisil Market Intelligence & Analytics report, the domestic market for passenger vehicles with ADAS or Advanced Driver Assistance System s will cross US 1 billion by financial year 2028.

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...

Society of Manufacturers of Electric Vehicles (SMEV), the registered association representing Indian manufacturers of electric vehicles , has in its latest communication reached out to the Minister of Commerce and I...

e-Sprinto has announced its ambitious plans to sell 10,000 eco-friendly electric two-wheelers by the end of the fiscal year 2023. Thus far, the bootstrapped startup has successfully sold over 5500 units of its innov...

Matthias Matic, Head of Safety and Motion Business Area, Continental Automotive Technologies GmbH, Germany noted, “Globally most of our business comes from four wheelers, but in India a big portion of our business c...

Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s auto component manufacturing industry has announced the findings of its Industry Performance Review for the first ha...

EVeium, manufacturer of high-speed electric two-wheelers, has announced aggressive plans to open 100-plus showrooms pan India by the end of the year 2023.

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...

Maruti Suzuki India commenced the celebrations of ’40 years of Suzuki’s partnership with the people of India’. The commemorative ceremony at Mahatma Mandir, Gandhinagar, Gujarat was graced by Prime Minister of India...

The Indian automotive components industry has registered a turnover of Rs. 4.20 lakh crore (USD 56.5 billion) for the period April 2021 to March 2022, registering a growth of 23 per cent over the previous year.

Vitesco Technologies India Pvt Ltd, part of the Euros 8.3 billion Vitesco Technologies Group based in Regensburg, Germany and a leading international manufacturer of modern drive technologies and electrification sol...

Ellysium Automotives, the auto arm of United Arab Emirates based group company META4 Group, has announced the launch of its EV two-wheeler brand in India – EVeium.

Ellysium Automotives has announced revoking association with British automotive brand One Moto. The brand which was determined towards establishing a manufacturing unit in India in light of ‘Make in India’ mission d...

Automovill, a full-stack mobility start-up has announced the foray in Eastern and Central markets in India. The brand has launched new workshops in the key cities - Kolkata, Ranchi, Bhubaneshwar, Siliguri, Bhopal, ...

Evtric Motors, a new venture in electric vehicle space, showcased three electric two-wheelers in high speed category- Evtric Rise (motorcycle), Evtric Mighty (scooter) and Evtric Ride Pro (scooter) at the EV India E...

Greaves Electric Mobility, the e-mobility arm of Greaves Cotton Limited and one of the market leaders in the E-2W and E-3W segments, inaugurated its largest EV production facility in Ranipet, Tamil Nadu. The 35-acre...

The Government has approved a Production Linked Incentive (PLI) Scheme for the Indian auto industry and also the drone industry to enhance India’s manufacturing capabilities

Sterling Gtake E-mobility Ltd (SGEM), NCR-based motor control units (MCUs) manufacturer for electric vehicles has announced that it has secured an order worth Rs 60 crore for MCUs from a leading 2W EV OEM.

Hero Electric Vehicles has announced the first part of their Series B funding of Rs.220 crore. Gulf Islamic Investments (GII) led the round along with participation from OAKS.

Tata Motors has announced that Guenter Butschek who had informed his desire to relocate to Germany at the end of the contract for personal reasons, will therefore be stepping down from his role as CEO & MD from June...

TVS Srichakra Ltd., one of India’s leading manufacturers of 2 & 3 wheeler and off-highway tyres, announced its foray into the European market with its new range of Eurogrip two-wheeler tyres customised to meet the E...

Okinawa Autotech, a leading electric vehicle (EV) manufacturer has announced a range of milestones achieved over the last financial year, as well as the roadmap for the ongoing financial year. The company clocked a...

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...

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...

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...

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).

The turnover of the Indian automotive component industry has registered a de-growth of (-) 11.7 per cent compared to the previous year at Rs. 3.49 lakh crore (USD 49.2 billion) for the period April 2019 to March 202...

Suzuki Motorcycle India rolled out its 5 millionth vehicle from its manufacturing facility at Kherki Dhaula, Gurugram. The recently launched BS6 compliant Suzuki Gixxer SF 250 became the 5 millionth celebratory unit...

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...

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...

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...

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...

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...

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 ...

No, it’s not just the BMW, Mercedes-Benz and MG Motor cars that are selling like hot cakes this festive season. Midway into the festive season, Honda’s iconic Activa scooter has once again cemented its leadership as...

Tata Motors passenger vehicles sales dipped by a massive (-) 58 per cent with total sales at a mere 7316 units in August 2019 as compared to 17,351 units in August 2018. For the latest fiscal April to August 2019, t...

Leading automobile company Tata Motors recorded a decline of 31% in passenger vehicle domestic sales at 10,485 units, as compared to July 2018 sales which is in line with the decline on the industry (31%), and as a ...

Market leader Maruti Suzuki domestic sales for July 2019 has plunged by more than 36 per cent with total units sold at 96,478 compared to 152,427 units recorded in July 2018.

With the government clamping down on makers of unbranded non ISI helmets and penalising those either not wearing helmets or wearing unbranded helmets, sale of branded helmets is now seeing an upward trend. Leading h...

Technology major Panasonic showcased several innovative technologies that support a wide range of mobility and mobility services, including the conceptual model, "SPACe_C" (for Sharing Panasonic Autonomous Connected...

Maruti Suzuki’s new Ciaz is India’s highest selling premium sedan in first half of 2018-19. The company has sold over 24,000 units of Ciaz during April-September 2018-19. Currently, Ciaz accounts for 28.8% market sh...

Mahindra Logistics (MLL), one of India’s largest 3PL solution providers, has introduced Electric Vehicles (EV) to its fleet of employee transportation vehicles in Kerala. The vehicles are eVerito models of Mahindra ...

The Street Triple range is now the largest selling roadster range from Triumph in India, after the Bonneville and Tiger series. The sales of the Triumph Street Triple have been 701 units so far since its introductio...

Nissan Motor Co., Ltd. unveiled a major expansion strategy in the Africa, the Middle East and India region as part of the company’s six-year mid-term plan, Nissan M.O.V.E. to 2022.

Auto and farm equipment major Mahindra & Mahindra has finally found its place in the sun after several years of perseverance and hard work, the last three years being significant ones that led to the company transfo...

After creating a new world record by becoming the only company in India and the world to add 1 million incremental sales in one year, Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) has earmarked Rs 800 crore inve...

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...

Tata Motors recorded a strong sales performance for December 2017. The Commercial and Passenger Vehicles domestic sales in December 2017 was at 54,627 units as against 35,825 units in December 2016, a growth of 52%...

Leading passenger car manufacturer Maruti Suzuki India Limited sold a total of 118560 units of passenger vehicles in the domestic market in December 2017, as compared to 106388 units in December 2016, thereby growin...

The turnover of the Indian auto component industry stood at Rs. 2.92 lakh crore (USD 43.5 billion) for the period April 2016 to March 2017, registering a growth of 14.3 per cent over the previous year and a CAGR of ...

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...

Two new car models from two different car manufacturers--the Jeep Compass SUV from Fiat Chrysler Automobiles (FCA) India and the Tata Nexon, a compact SUV from Tata Motors, are expected to inject a lot of action ver...

General Motors India officially announced that that it has ceased production at the Halol facility in Gujarat. With this move, the company has decided to consolidate its manufacturing at the Talegaon plant in Mahara...

Mitsubishi Motors Corporation (MMC) has announced that Nissan Motor Co., Ltd. has become its largest shareholder after completing the purchase of 34% of MMC-issued stock for 237 billion JPY (approx US $ 2.28 billion...

Interview with Yadvinder Singh Guleria, Senior Vice-President, Sales and Marketing, Honda Motorcycle and Scooter India Pvt. Ltd.

Interview with Shirish Kulkarni, Chairman, DSK Motowheels

Interview with Arun Siddharth, Head – Marketing (Motorcycles), TVS Motor Company

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.

Shirish Kulkarni controlled DSK Motowheels the company that has collaborated with legendary Italian superbike manufacturer Benelli is all set to move into its own plant in Wai near Pune in Maharashtra by 2017 where ...

The bite of the Chinese dragon is beginning to get fatal for the Rs 50,000 crore Indian tyre industry. On the one hand while Indian tyre majors are facing a severe shortage of raw material like rubber in the countr...

Honda Motorcycle & Scooter India Pvt. Ltd. has inaugurated the 2nd assembly line of its fourth manufacturing plant at Vithalapur (Mandal taluk, Ahmedabad district) in the western state of Gujarat.

In the bad old days, two words were often considered taboo – Sex and Luxury. In a conservative India, talking about sex was a big “No”. Equally, in a socialist driven economy, the term “Luxury” was pure blasphemy. B...

For the first time in five years, “Make in India” lost some of its sheen in the Indian auto components industry as imports increased dramatically and exports recorded a negative growth. Exports recorded (-) 3.7pc gr...

Mitsubishi Motors Corporation (MMC) has had to pay for the wrong it had done on the fuel economy tests as it has recorded extraordinary loss in its consolidated and non-consolidated financial results for 2015 fiscal...

As has always been happening in the past, the Indian automotive industry has been left with no other choice, but to grin and bear it and pretend everything is hunky- dory. An additional 1 per cent tax will now be co...

Celebrities have been endorsing everything from an underwear to a car, all over the world. They could be film stars, sports personalities including footballers, boxers, cricketers, sprinters, rugby players, golf cha...

German car major Volkswagen has stated that it is setting aside a provision of some Euro 6.5 billion (approximately US $ 7.2 billion) to cover the necessary service measures pertaining to software glitches resulting...

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...

ATMA stands for Automotive Tyre Manufacturers’ Association. We are an industry body of the companies which make automotive tyres in India. We have been there since 1975. It’s almost forty years now. It’s an indust...

Five states comprising Tamil Nadu, Kerala, Andhra Pradesh, Karnataka and the newly formed state of Telangana make up South India. Among these, it’s Tamil Nadu that is way ahead when it comes to its contribution to t...

TVS Srichakra Limited, a part of the TVS Group, the largest auto ancillary group in India, with a group turnover of over USD 8 Billion, is the leading manufacturer of Two & Three Wheeler tyres and Off-Road tyres. In...

Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s Auto Component manufacturing industry, announced the findings of its Industry Performance Review for the fiscal 2014...

India’s one-stop destination for pre-owned vehicles and equipment, Shriram Automall India Limited (SAMIL) has been on an aggressive expansion drive. While focussing largely on South India, the company reported maxim...

Triumph Motorcycles India, a subsidiary of UK based Triumph Motorcycles has every reason to be excited about its debut in India. For a superbike manufacturer, selling 1326 units in fiscal 2014-15 has come as a pleas...

Elofic Industries is the leading filter manufacturer in the country. The company manufactures filters for all vehicles like passenger cars, tractors, commercial vehicles, two-wheelers etc in its three production uni...

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...

Hero Electric is part of the Naveen Munjal controlled Hero Eco Group which makes electric two wheelers. Based in Ludhiana, the Hero Electric plant can make 200 vehicles a day. Munjal started his company around 1999-...

Automobile manufacturer Mahindra & Mahindra Ltd. has inaugurated its extended automotive manufacturing facility in Zaheerabad, Telangana. This facility was inaugurated by Chief Minister of Telangana K Chandrashekar ...

Spreading its network further for branded retreading outlets, Apollo Tyres has inaugurated its 3rd Apollo Retread Zone (ARZ) in Mumbai, in the western part of India. Rajesh Dahiya, Group Head, Sales-APMEA (Asia Paci...

Mahindra First Choice Wheels Ltd. (MFCWL), a leading multi-brand used vehicle company, has signed a definitive agreement to raise $15 million (Rs. 94 crore approx.) from San Francisco based investment advisor firm, ...

In the fiscal year 2014 Italian super sports car maker Automobili Lamborghini S.p.A. again improved its key financial figures and reached new records in terms of sales and turnover in its history of more than 50 yea...

Finance Minister Arun Jaitley presented the General Budget for the year 2015-16 in Lok Sabha on February 28, 2015.

The Electric Motor seems to have scored over the conventional internal combustion engine in the Union Budget 2015-16. And rightly so! The electrical vehicle industry has been bleeding profusely in the last few years...

Honda Motor Co. Ltd. has announced that Takahiro Hachigo, currently the company’s Managing Officer, will become Senior Managing Officer effective in April 2015, and will become President, Chief Executive Officer and...

Varroc, one of India’s leading auto component manufacturers from India, has now officially collaborated with the UK based company Scorpion Automotive Pvt. Ltd., a very well trusted brand in vehicular securities. Bot...

With an aspiration to cross the USD 100 billion mark and to have at least five Indian suppliers amongst top-global-hundred by 2020, the Automotive Component Manufacturers Association (ACMA), the apex body for the In...

Propelled by sales of the Honda City, Amaze, Mobilio and Brio cars, Honda Cars India Ltd. (HCIL), clocked 14,428 units of domestic sales in the month of December 2014 as against 5,493 units sold during December 2013...