Montra Electric, the clean mobility arm of the Murugappa Group, has expanded its dealership network in the National Capital Region with the opening of two new outlets: an electric small commercial vehicle (e-SCV) dealership in Libaspur, North Delhi, and an electric three-wheeler (e-3W) dealership in Surajpur, Greater Noida. The new dealerships add to Montra Electric’s… Continue reading Montra Electric Expands Dealership Network in Delhi NCR
Author: Autocar_Professional India Online News
M&M Appoints Rajeev Goyal as CEO of Agri, New Energy Business in Senior Management Reshuffle
Mahindra & Mahindra has appointed Rajeev Goyal, the current Chief Financial Officer of its Auto and Farm Sector (AFS), as Chief Executive Officer of its Agri and New Energy businesses, including Powerol, in a newly created role effective April 1, 2026. Goyal’s elevation is part of a wider leadership restructuring to sharpen execution and accelerate… Continue reading M&M Appoints Rajeev Goyal as CEO of Agri, New Energy Business in Senior Management Reshuffle
Mahindra Group HR Chief Ruzbeh Irani to Retire; Rohit Thakur Named Group CHRO
Ruzbeh Irani, the Group Chief Human Resources Officer of Mahindra Group, is set to retire on April 1, 2026, after spending 19 years with the conglomerate, the company announced to its employees. The company said Rohit Thakur, currently chief human resources officer for the auto and farm sector, will succeed Irani as Group CHRO and… Continue reading Mahindra Group HR Chief Ruzbeh Irani to Retire; Rohit Thakur Named Group CHRO
Connected Cars Drive 40% of Kia India Sales, Cross 5 Lakh Mark
Kia India has surpassed 500,000 connected cars on Indian roads, with connected car variants now contributing nearly 40% of the company’s domestic wholesale volumes. The Kia Seltos accounts for around 70% of the company’s total connected car sales, while the Sonet and Carens also contribute significantly to this achievement. Commenting on the achievement, Atul Sood,… Continue reading Connected Cars Drive 40% of Kia India Sales, Cross 5 Lakh Mark
Gadkari Calls for V2V Rollout, Automakers to Align on Safety Tech
Union Minister for Road Transport and Highways Nitin Gadkari announced that vehicle-to-vehicle (V2V) communication technology will soon become mandatory in India, according to The Economic Times. The minister stated that the technology, which enables cars to communicate with each other, will help reduce road accidents and improve overall road safety. Speaking at an event, Gadkari… Continue reading Gadkari Calls for V2V Rollout, Automakers to Align on Safety Tech
CRISIL ANALYSIS: Gst Cuts, Higher Crop Price, Good Rains Boost Tractor Prospects
The Indian tractor industry has exhibited a remarkable growth trend in recent years, underscoring the pivotal role of the agricultural industry in India’s economic landscape. The Indian tractor industry, which is one of the largest in the world, has been a key driver of the country’s agricultural growth, providing employment opportunities and contributing meaningfully to… Continue reading CRISIL ANALYSIS: Gst Cuts, Higher Crop Price, Good Rains Boost Tractor Prospects
CRISIL ANALYSIS: India’s PV Market in a Post-GST Era
India’s passenger-vehicle (PV) market is steering through a crucial structural shift. With the rollout of GST 2.0, the automobile industry witnessed one of its most significant tax resets since 2017. The new regime, with three clear slabs of 5%, 18%, and 40%, replaces the earlier matrix of 28% GST plus varying cess (1–22%). This reform… Continue reading CRISIL ANALYSIS: India’s PV Market in a Post-GST Era
Brandworks Technologies Enters Automotive and EV Electronics Sector
Brandworks Technologies announced its entry into the automotive and electric vehicle electronics market at CES 2026 in Las Vegas on January 9, 2026. The Indian electronics manufacturer unveiled a range of products including powertrain systems, vehicle electronics, charging solutions, and connected mobility platforms, marking its expansion from consumer and industrial electronics into automotive-grade systems. Nikita… Continue reading Brandworks Technologies Enters Automotive and EV Electronics Sector
SoftBank Entity Reduces Stake in Ola Electric by 2.15%
SVF II Ostrich (DE) LLC, a SoftBank-affiliated entity, sold 94,628,299 equity shares of Ola Electric Mobility Limited between September 3, 2025, and January 5, 2026, reducing its stake in the electric vehicle manufacturer by 2.15%. The company disclosed the transaction to BSE Limited and the National Stock Exchange of India on January 7, 2026, after… Continue reading SoftBank Entity Reduces Stake in Ola Electric by 2.15%
SoftBank Entity Reduces Stake in Ola Electric by 2.15%
SVF II Ostrich (DE) LLC, a SoftBank-affiliated entity, sold 94,628,299 equity shares of Ola Electric Mobility Limited between September 3, 2025, and January 5, 2026, reducing its stake in the electric vehicle manufacturer by 2.15%. The company disclosed the transaction to BSE Limited and the National Stock Exchange of India on January 7, 2026, after… Continue reading SoftBank Entity Reduces Stake in Ola Electric by 2.15%