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Takashi Nakajima to be appointed as HCIL’s new President
Under Tsumura's leadership, HCIL reinforced its premium brand positioning, expanded customer-centric solutions, and achieved substantial business growth. His tenure was marked by significant milestones, including the introduction of India's first mainstream hybrid model, the Honda City e:HEV, and the launch of Honda's global SUV, the Elevate.
Sustained infra push, increased mining will boost CV growth
According to Kinjal Shah, Senior Vice President & Co-Group Head, ICRA, "ICRA expects the long-term growth drivers for the domestic CV industry to remain intact. The sustained push in infrastructure development (evidenced by the higher infrastructure capital outlay in the recent budgetary allocation), a steady increase in mining activities and the improvement in roads/highway connectivity are expected to support volumes going forward."
Women car buyers on rise
Taking control both behind the wheel and in societal change, women are reshaping the used car market with their increasing participation.
Maruti Suzuki partners with Hero FinCorp Limited
The partnership will leverage Maruti Suzuki's wide-reaching network and Hero FinCorp's tailored financial solutions for New and Pre-Owned car loans.
Mahindra WE Hunnar initiative expands beyond Bengaluru
Mahindra Last Mile Mobility Limited (MLMML) is set to expand the Mahindra WE (Women Entrepreneurs) Hunnar initiative to multiple cities.
Passenger, commercial, 3-wheeler EV sales rise in February 2025
Passenger, three-wheeler, and commercial electric vehicle sales rose year-on-year in February, while it declined for the two-wheeler category, Federation of Automobile Dealers Associations of India (FADA) data showed Friday.
Kia Carens crosses 200,000+ unit sales milestone in just 36 month
Kia India has announced a significant milestone for its Carens model, surpassing 200,000 plus units sold within a mere 36 months of its launch. This achievement underscores the Carens' status as one of the fastest-selling vehicles in its category.
Tesla & BYD to give little competition to domestic manufacturers
The report cites four key reasons for restricted competition: a stringent electric vehicle (EV) policy, challenges in securing investment approvals for Chinese firms, a small EV market with just two per cent penetration, and the long product localisation cycle of two-four years for global automakers.
DPIIT and Mercedes-Benz India sign MoU to boost manufacturing, road safety, and sustainability
The Department for Promotion of Industry and Internal Trade (DPIIT) and Mercedes-Benz India Private Limited have signed a Memorandum of Understanding (MoU) to boost manufacturing, road safety and sustainability.
Volkswagen to launch Golf GTI and Tiguan R-Line in India
Ashish Gupta, Brand Director of Volkswagen India, confirmed the much-anticipated launches, stating, "We are bringing two global iconic products. The first is the Golf GTI, which is coming to India for the first time. It is not just any Golf--it is the GTI, an absolute icon that excites enthusiasts at just the mention of its name. It will be officially launched in India as early as Q2."
Kia India crosses 60,000 SUV deliveries via rail network
Kia India has transported over 60,000 SUVs via the railway network to the northern, eastern, and western regions of the country.
Ultraviolette unveils electric scooter
Ultraviolette has announced its foray into the mainstream market with two products - 'Tesseract,' the world's most advanced electric scooter, and 'Shockwave,' a lightweight yet powerful electric motorcycle designed to revive the thrill of 2-stroke motorcycling, at FAST FORWARD India '25, in Bengaluru.
SIDBI signs MoU with Tata Capital Limited to strengthen financing
According to SIDBI, the focus is on the growth and development of the MSME Ecosystem by way of providing funding avenues in the field of machinery/equipment financing, working capital/CC/OD/business loans, and loans against property, etc.
Tata Group to sign MoUs with 10 more semiconductor companies: Tat
Tata Group Chairman Natarajan Chandrasekaran on Tuesday said that the group is set to sign Memorandum of Understanding (MoUs) with 10 more semiconductor companies to boost the ecosystem.
Tata Group Chairman conferred UK Knighthood
Tata Group Chairman N Chandrasekaran has been felicitated with the UK Knighthood 'Most Excellent Order of the British Empire' (Civil Division).'
TATA.ev to double the number of EV charge points to 400,000
TATA.ev on Thursday announced to double the number of available charge points to 400,000 by 2027, as part of its commitment to make Electric Vehicles (EVs) more accessible and convenient, the company said in a release.
Tata Steel to expand Neelachal, Kalinganagar and Bhushan plants,
Tata Steel will expand the capacity of its three plants, Neelachal Ispat Nigam, Kalinganagar, and Bhushan, said T V Narendran, global CEO and Managing Director of Tata Steel, on Tuesday.
Tata Motors showcases 50 next-generation vehicles at Bharat Mobil
Tata Motors has launched more than 50 next-generation vehicles at ongoing Bharat Mobility Global Expo 2025, said N Chandrasekaran, Executive Chairman, Tata Sons and Chairman, Tata Motors, the company quoted him in a release.
Kia launches Syros, price to be revealed in Feb next year
Kia India unveiled its all-new SUV, Syros, on Thursday in New Delhi.
Skoda launches Kylaq, to compete with Brezza, Tata Nexon, Hyundai
Skoda Auto India on Wednesday officially unveiled its much-awaited SUV, the Kylaq, in a global premiere held in Mumbai.
Top Story
Tesla & BYD to give little competition to domestic manufacturers
DPIIT and Mercedes-Benz India sign MoU to boost manufacturing, road safety, and sustainability
Volkswagen to launch Golf GTI and Tiguan R-Line in India
Kia India crosses 60,000 SUV deliveries via rail network
Ultraviolette unveils electric scooter
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