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India’s Car Sales Increased by 20% in September, and the New 2-Wheeler Record Demonstrates a Rebound in Rural Areas-thumnail

India’s Car Sales Increased by 20% in September, and the New 2-Wheeler Record Demonstrates a Rebound in Rural Areas

Overall car sales in India increased 20% year on year in September, with new records set in the two-wheeler (2W) and three-wheeler (3W) categories ahead of the expected holiday surge.

Automotive

Oct 9, 2023

Notable Surge in Indian Automobile Retail Sales for September-thumnail

Notable Surge in Indian Automobile Retail Sales for September

In a noteworthy upswing, Indian automobile retail sales for September have recorded a 20 per cent increase compared to the same period last year, reaching a total of 1.89 million

Automotive

Oct 9, 2023

Ather Energy Plans New Manufacturing Facility for Electric Two-Wheelers-thumnail

Ather Energy Plans New Manufacturing Facility for Electric Two-Wheelers

Ather Energy, a distinguished purveyor of electric two-wheel conveyances, stands poised to augment its manufacturing prowess through the establishment of a nascent production edifice. As recently chronicled by The Hindu

Automotive

Oct 9, 2023

The Indian Automobile Industry is Capable of Becoming Export-Led by 2035, According to Reports-thumnail

The Indian Automobile Industry is Capable of Becoming Export-Led by 2035, According to Reports

According to research, the Indian vehicle industry has the potential to grow into a USD 1 trillion export-driven business by 2035. According to a report by Arthur D. Little, the

Automotive

Oct 4, 2023

As domestic sales surge, Toyota plans to build a third plant in India and introduce a new SUV-thumnail

As domestic sales surge, Toyota plans to build a third plant in India and introduce a new SUV

Toyota Motor plans to construct a third auto factory in India, increasing manufacturing capacity in the nation for the first time in more than ten years, according to two sources.

Automotive

Sep 27, 2023

To Reach 600,000 EVs in 2025, Toyota Will Speed up EV Production-thumnail

To Reach 600,000 EVs in 2025, Toyota Will Speed up EV Production

According to a Friday article in the Nikkei newspaper, Toyota Motor would increase the manufacture of electric vehicles under its luxury Lexus and Toyota brands.

Automotive

Sep 22, 2023

Mexico’s governor announces $15 billion investment by Tesla and suppliers-thumnail

Mexico’s governor announces $15 billion investment by Tesla and suppliers

In Mexico, a state governor declared on Monday that Tesla (TSLA.O) and its suppliers would invest $15 billion over the following two years in a factory that is still being built, which is triple the amount that Mexican officials had before declared.

Automotive

Sep 12, 2023

BMW will invest $750 million in UK plants to take Mini electric-thumnail

BMW will invest $750 million in UK plants to take Mini electric

After years of uncertainty relating to Brexit, Britain’s auto industry received a new boost on Monday when BMW (BMWG.DE) announced it would invest 600 million pounds ($750 million) at its UK plants to convert its iconic Mini brand to all-electric by 2030.

Automotive

Sep 11, 2023

Qualcomm will provide Mercedes and BMW with chips for displays, voice features-thumnail

Qualcomm will provide Mercedes and BMW with chips for displays, voice features

Qualcomm (QCOM.O), a U.S. semiconductor manufacturer, announced on Tuesday that it will provide chips to luxury automakers Mercedes (MBGn.DE) and BMW (BMWG.DE) to power in-car infotainment systems.

Automotive

Sep 5, 2023

August saw a 5-fold increase year over year in TVS Motors’ EV sales, with a 4% increase in total sales-thumnail

August saw a 5-fold increase year over year in TVS Motors’ EV sales, with a 4% increase in total sales

TVS Motor Company reported a 440 percent YoY increase in EV sales in August on Friday. With headquarters in Chennai, India, TVS Motor Corporation is an international two-wheeler corporation.

Automotive

Sep 1, 2023

Toyota reports its best-ever monthly sales at 22,910 units in August-thumnail

Toyota reports its best-ever monthly sales at 22,910 units in August

Toyota Kirloskar Motor (TKM) had the best sales performance in August 2023 selling a total of 22,910 units which represents an increase of 53% compared to the previous year.

Automotive

Sep 1, 2023

Cash reserves to back plan to increase manufacturing capacity: Maruti Company chairman -thumnail

Cash reserves to back plan to increase manufacturing capacity: Maruti Company chairman 

Maruti Company chairman Bhargava informed shareholders that the ‘Maruti 3.0 capacity development plan will focus on diverse power trains such as electric and hybrid cars, compressed natural gas (CNG), and ethanol.

Automotive

Aug 29, 2023


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