automotive industry
Hyundai Motor To Invest Rs 20,000 Cr For EV Manufacturing In Tamil Nadu
Banking - Published date: .
Hyundai Motor India on Thursday said it will invest Rs 20,000 crore in a phased manner in Tamil Nadu over the next ten y... Read more
Hyundai To Invest $2.45 Bn In Tamil Nadu For EV Production Over Next 10 Yrs
Banking - Published date: .
Hyundai, through its Indian subsidiary Hyundai Motor India, will also set up a battery pack assembly unit with an annual... Read more
Automotive Firm Stellantis India Names Aditya Jairaj As Deputy MD
Banking - Published date: .
Global automotive group Stellantis on Monday said it has appointed Aditya Jairaj as the Deputy Managing Director with ef... Read more
Daimler India Reports 'strong' Growth In Revenue, Sales In CY 2022
Banking - Published date: .
Daimler India Commercial Vehicles (DICV) on Monday announced growth in its sales and revenue in 2022, selling over 29,00... Read more
Kia Focuses On Utility Vehicle Segment In India For Long-term Growth
Banking - Published date: .
South Korean automaker Kia is focussing on the utility vehicle segment in the Indian market as it remains bullish on the... Read more
Volkswagen Focuses On Premium Products After Selling 45% PVs In India
Banking - Published date: .
With nearly 45 per cent of passenger vehicles sold in India coming from models priced above Rs 10 lakh so far this year,... Read more
Isuzu Motors Names Rajesh Mittal As New Head Of India Operations
Banking - Published date: .
Isuzu Motors India on Tuesday said it has appointed Rajesh Mittal as the new President. Mittal, the first person of Ind... Read more
Maruti Suzuki, Hyundai, Tata Motors Report Best-ever Wholesales In FY23
Banking - Published date: .
Maruti Suzuki, Hyundai and Tata Motors reported their highest-ever dispatches to dealers last fiscal, enabling the domes... Read more
Tata Motors Total Domestic Sales Increase By 3% At 89,351 Units In March
Banking - Published date: .
Tata Motors on Saturday said its total domestic wholesales increased by 3 per cent to 89,351 units in March compared to ... Read more
IFC To Invest Rs 600 Cr In Mahindra & Mahindra's New Last-mile EV Firm
Banking - Published date: .
Global development institution IFC will invest Rs 600 crore in a new last-mile mobility (LMM) company, a wholly-owned su... Read more
Hyundai Motor Considers Buying General Motors India's Talegaon Plant Assets
Banking - Published date: .
A Term Sheet has been signed for the potential acquisition of identified assets of the plant like land and building, cer... Read more
Tata Motors To Operationalise Ford's Sanand Unit In Gujarat In 12-18 Months
Banking - Published date: .
Tata Motors is looking to commence operations at the Gujarat-based manufacturing plant it acquired from Ford, over the n... Read more
Hyundai, Kia Sued In US For Lack Of Anti-theft Technology In Some Models
Banking - Published date: .
A Seattle City attorney in the US has filed a lawsuit against Hyundai Motor and its affiliate Kia for the lack of anti-t... Read more
Govt Support Needed Till EV Penetration Reaches Desired Level: Girish Wagh
Banking - Published date: .
Support provided by the government to promote electric and zero emission vehicles through schemes such as FAME II, need ... Read more
GoMechanic Admits To Cooking The Accounts, Lays Off 70% Of Workforce
Banking - Published date: .
According to people in the know, investors may now ask GoMechanic founders to take leave of absence Read more
BMW Increasing Focus On India, Sees Growth Potential Amid Low Penetration
Banking - Published date: .
German luxury carmaker BMW is increasing its focus on India, buoyed by the best-ever annual sales in 2022 as it sees hug... Read more
EV Sector Seeks Time To Execute Rules
World - Published date: .
Industry is confident that new standards can be easily met, but feels one month is too little time to implement them Read more
Nissan Motor To Invest Over Rs 2 Cr To Upgrade Chengalpet Hospital
Banking - Published date: .
Nissan Motor has committed an investment of over Rs two crore to upgrade the infrastructure at the medical college and h... Read more
Ashok Leyland Arm Switch Mobility To Raise $300 Mn, Unveils E-bus Platform
Banking - Published date: .
Firm currently has orders for over 600 buses, is betting big on govt tenders and sees market for e-buses growing 10x in ... Read more
Kia India Reports 18% Surge In Car Sales In The Month Of April
Banking - Published date: .
Kia India on Monday said its sales increased 18 per cent year-on-year to 19,019 units in April. The automaker had dispa... Read more