It is a 'decade of transition' for the industry and companies will have adapt to changes quickly: Shailesh Chandra
Total revenue from operations rose to Rs 3,804 crore for the fourth quarter as compared with Rs 3,193 crore in the year-ago period
Car manufacturer will set up battery pack assembly unit with an annual capacity of 178,000 units
The market for EVs in India grew 48% during the period
Global automotive group Stellantis on Monday said it has appointed Aditya Jairaj as the Deputy Managing Director with effect from May 4. Jairaj will also lead the Jeep brand's operations in the country. Stellantis India CEO & Managing Director Roland Bouchara said Jairaj brings a proven track record of value creation. "The India strategy is a key pillar for the group as an important element of localisation efforts in the region and transforming the mobility landscape in India through our two-pronged brand approach," he added. Jairaj has more than 17 years of experience in the automotive sector. Before joining Stellantis, he served as the Head, EV Strategy and Transformation, for Nissan.
Fall in passenger vehicle sales after eight months was another factor behind the overall decline
The total domestic sales were up from 132,248 units in April last year to 143,558 units this year
The top 50 cities where Gogoro wants to operate account for 25 per cent of all the two wheelers - around 60 million
MG Motor India unveiled its compact EV Comet, which has a range of 230 km per charge, last Wednesday
The full measure of Apple's success in India will depend on its becoming more than a phone company. Still, this promising start is sufficient for the moment, writes T N Ninan
ID.4 was launched globally in 2021 and is based on the ID Crozz concept, showcased at India's 2020 Auto Expo
Hyundai Mobis aims to obtain orders for the rollable display, which was partly adopted in smartphones and TVs, from luxury carmakers in North America and Europe
French tyre major Michelin is actively considering production of passenger vehicle tyres locally in India, according to the group Chief Executive Officer Florent Menegaux. The local manufacturing would help the Clermont-Ferrand based tyre major to scale up operations in India, which remain critically subdued with the government introducing import restrictions in 2020. The tyre maker, which has presence in 175 countries with 67 plants, currently sells only premium bigger size tyres in limited quantity especially for performance oriented models in India. In 2020, the government imposed curbs on imports of certain new pneumatic tyres used in motor cars, busses, lorries and motorcycles in a move to promote domestic manufacturing. Tyre companies can now import only a small number of tyres into the country under a limited import licence, which was not the case before 2020. In an interaction with PTI here, Menegaux said the group sees India as a great developing market. He noted that th
As per the company's LinkedIn page, Euler Motors has over 500 employees in the startup. However, according to sources the number of impacted employees stands at around 200
The next generation of Renault Duster is expected to come with hybrid powertrains
Porsche Korea, Honda Korea and three other auto companies will voluntarily recall over 23,000 vehicles to fix faulty components, the transport ministry said
The industry body says while EV segment as a whole grew by 157% during FY23, govt policy should be clear on how much manufacturers can get and how to encash on the subsidy
All vehicle categories, except tractors, post double-digit growth for March and the full financial year
Isuzu Motors India on Tuesday said it has appointed Rajesh Mittal as the new President. Mittal, the first person of Indian origin to head the country operations, succeeds Wataru Nakano who takes over as a Head of Isuzu operations in Vietnam. Mittal joined the company's top management team as President of Isuzu Engineering Business Centre India (IEBCI) and as Deputy President at Isuzu Motors India (IMI) in February 2022. Since then, he has focused on consolidating the business and steering key projects while fostering a culture of excellence and collaboration, the automaker said in a statement. Isuzu Motors India also named Yasuhito Kondo as Deputy President.
Though EVs have fast gained traction; CNG vehicle sales are up 82% in 5 years