Left -Varun Agarwal (COO), Centre -Shaleen Agarwal (CEO & Founder),and Right -Sahil Rally (CTO), Garaaz Automotive spare parts aggregator Garaaz has secured ₹4.55 crore in a seed funding round led by GVFL. The funding will be used to expand operations across new states, strengthen local distribution and partnerships, invest in research and development, and build… Continue reading Garaaz raises ₹4.55 crore in seed round led by GVFL
Author: Economic Times of India Online News
Tata Motors’ sales fall 12% to 65,019 units in June as PV, CV segments decline
The company’s electric vehicle (EV) portfolio showed resilience, with 5,228 units (domestic and international) sold during the month, reflecting a 12 per cent growth YoY. Tata Motors reported total domestic sales of 65,019 units in June 2025, a 12 per cent decline compared to 74,147 units sold in the same month last year. This was… Continue reading Tata Motors’ sales fall 12% to 65,019 units in June as PV, CV segments decline
South Korean auto parts delegation visits US to explore investment opportunities
“I want to be at the forefront of South Korea’s exports … and help the country overcome difficult times and turn a crisis into an opportunity,” Kim told reporters as he headed to his office for parliamentary confirmation hearing preparations. The Korea Trade-Investment Promotion Agency (KOTRA) said on Monday it has dispatched an auto parts… Continue reading South Korean auto parts delegation visits US to explore investment opportunities
Automakers push back against India’s proposed emission norms
The final policy direction could define India’s clean mobility landscape for years, as the government navigates the delicate balance between climate goals and economic realities for a country of 1.4 billion people. India’s auto industry is raising concerns over the government’s ambitious proposal to slash carbon emissions by a third starting 2027, calling the move… Continue reading Automakers push back against India’s proposed emission norms
Mahindra reports 14% sales growth with 47,306 units in June 2025
Mahindra & Mahindra reported total sales of 78,969 vehicles in June 2025, up 14% YoY, driven by strong SUV demand and 18% growth in domestic sales. Mahindra & Mahindra Ltd. (M&M), a leading player in India’s automotive sector, reported total sales of 78,969 vehicles in June 2025, registering a 14 per cent year-on-year growth. The… Continue reading Mahindra reports 14% sales growth with 47,306 units in June 2025
Bajaj Auto June sales dip 13% to 1,88,460 units
Bajaj Auto posted a muted 1% year-on-year sales growth in June, with total volumes rising to 3,60,806 units. Bajaj Auto reported a muted overall sales growth of one per cent year-on-year reaching 3,60,806 units in June. This marks a rise from the 3,58,477 units of two-wheelers and commercial vehicles sold in June 2024. Overall domestic… Continue reading Bajaj Auto June sales dip 13% to 1,88,460 units
Vehicle taxes hiked in Maharashtra by up to ₹10 lakh: Here’s what you need to know
Maharashtra’s motor vehicle tax hike from 1 July will make CNG, LNG, and high-end vehicles costlier, aiming to raise ₹800 crore in FY26. Maharashtra has announced a significant hike in motor vehicle (MV) tax, making the purchase of CNG, LNG, and high-end vehicles costlier from July 1. The revision, aligned with provisions outlined in the… Continue reading Vehicle taxes hiked in Maharashtra by up to ₹10 lakh: Here’s what you need to know
Audio Interview: Could Trump’s auto tariffs benefit Mexico?
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Ashok Leyland’s Ganesh Mani assumes additional charge as CEO of Switch India
Mahesh Babu, the current CEO of Switch Automotive Mobility Ltd., to step down from his role to pursue opportunities outside the Hinduja Group, effective August 31, 2025. Ganesh Mani, currently the Chief Operating Officer of Ashok Leyland, will assume additional charge as CEO of Switch Automotive Mobility Limited (Switch India), effective September 1, 2025. This… Continue reading Ashok Leyland’s Ganesh Mani assumes additional charge as CEO of Switch India
Servotech renewable to install EV charging hub at Bengaluru airport
The chargers are expected to contribute to reducing transport-related emissions at the airport and support broader sustainability targets. Servotech Renewable Power System Limited has secured an order from Bengaluru International Airport Limited (BIAL) to install an electric vehicle (EV) charging station at Kempegowda International Airport. The facility will consist of 10 direct current (DC) chargers,… Continue reading Servotech renewable to install EV charging hub at Bengaluru airport