Ola Electric received a sanction order from the Ministry of Heavy Industries, Government of India, on December 25, 2025, for the release of ₹366.78 crore under the Production Linked Incentive Scheme for Automobile and Auto Components (PLI-Auto Scheme) for claims pertaining to FY 2024-25. The sanction covers the Demand Incentive for the Determined Sales Value… Continue reading Ola Electric Receives ₹366.78 Crore PLI-Auto Incentive from Ministry of Heavy Industries
Author: Autocar_Professional India Online News
Matter Motor Works Receives Best Patent Portfolio Award from CII
MATTER MOTOR WORKS received the Best Patent Portfolio (2020–2025) award at the Confederation of Indian Industry (CII) Industrial Intellectual Property Awards 2025. The company, which manufactures India’s first geared electric motorcycle AERA 5000+, was also named among the Top 30 IP-Driven Organisations in India for its intellectual property creation over the past five years. The… Continue reading Matter Motor Works Receives Best Patent Portfolio Award from CII
Toyota Kirloskar Motor Partners with WMG Foundation to Remove Invasive Species from Bandipur Tiger Reserve
Toyota Kirloskar Motor (TKM) signed an MoU with the WMG Foundation on December 24, 2025, to remove invasive Lantana camara species from 5 hectares within the Bandipur Tiger Reserve in Karnataka. The environmental habitat restoration project, named Namma Vana, aims to revive degraded forest landscapes, reduce animal-human conflict, and reverse ecological imbalance caused by the… Continue reading Toyota Kirloskar Motor Partners with WMG Foundation to Remove Invasive Species from Bandipur Tiger Reserve
BP Agrees to Sell Majority Stake in Castrol to Stonepeak in $10 Billion Deal
BP announced on Tuesday that it has reached an agreement to sell a majority shareholding in Castrol, its lubricants business, to alternative investment firm Stonepeak at an enterprise value of $10 billion. Under the terms of the agreement, Stonepeak will acquire a 65% stake in Castrol, while BP retains 35% ownership in a newly formed… Continue reading BP Agrees to Sell Majority Stake in Castrol to Stonepeak in $10 Billion Deal
Bajaj Pulsar 150 Gets LED Lighting Update, Prices Start at ₹1.08 Lakh
Bajaj Auto has announced an update to its popular Pulsar 150 motorcycle, introducing LED lighting technology and refreshed aesthetics while maintaining the model’s classic design philosophy. The announcement was made on December 24, 2025, from the company’s Pune headquarters. The updated range includes three variants with ex-showroom Delhi pricing: the Pulsar 150 SD at ₹1,08,772,… Continue reading Bajaj Pulsar 150 Gets LED Lighting Update, Prices Start at ₹1.08 Lakh
A Look Back at the Major Policy Developments of 2025
The year 2025 has unfolded as an action-packed phase for India’s automotive sector, with policy announcements arriving in rapid succession and reshaping the industry’s near-term outlook. As the country accelerates its push for localisation and competes head-to-head with global benchmarks in technology, cost and efficiency amid global supply chain disruptions and geopolitical uncertainties, incentives and… Continue reading A Look Back at the Major Policy Developments of 2025
Maruti Suzuki Partners with Uttar Pradesh Gramin Bank for Vehicle Financing
Maruti Suzuki India Limited has signed a memorandum of understanding with Uttar Pradesh Gramin Bank to provide retail financing solutions for vehicles. The partnership represents a significant expansion of Maruti Suzuki’s financing network, bringing its total number of retail finance partners to 50. The collaboration will offer financing options for new cars, pre-owned vehicles, and… Continue reading Maruti Suzuki Partners with Uttar Pradesh Gramin Bank for Vehicle Financing
Citroën India Delivers Fleet of 51 C3 CNG Vehicles to Luthra Group in Surat
Citroën India has completed the delivery of 51 C3 CNG vehicles to Luthra Group at the company’s Surat headquarters, marking a significant milestone in the French automaker’s expansion within India’s emerging markets. The ceremonial handover, conducted in partnership with Citroën’s Gujarat dealership La Maison Nanavati, underscores the brand’s commitment to providing sustainable and economical transportation… Continue reading Citroën India Delivers Fleet of 51 C3 CNG Vehicles to Luthra Group in Surat
Chartered Speed Deploys Electric Buses for DCM Shriram Staff Transport
Chartered Speed Limited, one of India’s prominent passenger bus mobility service providers, has deployed 11 electric buses dedicated to staff transportation for DCM Shriram at Jhagadia GIDC in Bharuch. The service was inaugurated on December 24, 2025, by Sanyam Gandhi, Whole-time Director at Chartered Speed Limited, and Aditya Shriram, Deputy Managing Director at DCM Shriram.… Continue reading Chartered Speed Deploys Electric Buses for DCM Shriram Staff Transport
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