Hyundai Motor India to Implement Price Hike of Up to 3% from April 2025

Hyundai Motor India Limited (HMIL) has announced a price increase of up to 3% across its model lineup, effective April 2025. The revision comes in response to rising input costs, higher commodity prices, and increased operational expenses. The extent of the price hike will vary depending on the model and variant.   Tarun Garg, Whole-time… Continue reading Hyundai Motor India to Implement Price Hike of Up to 3% from April 2025

Maxion Announces Leadership Transition as Pieter Klinkers Becomes President and CEO

Iochpe-Maxion SA (Maxion), a global manufacturer of automotive wheels and structural components, has announced a leadership transition. Pieter Klinkers, currently the CEO of Maxion Wheels, will take over as the President and CEO of Iochpe-Maxion SA, effective April 16, 2025. He will succeed Marcos Oliveira, who will step down at the end of his term… Continue reading Maxion Announces Leadership Transition as Pieter Klinkers Becomes President and CEO

Hikes Amid Slowdown: What’s Driving Rising Car Prices in India?

In what appears to be a challenging balancing act, major car brands in India are implementing price hikes just as the sector faces declining sales and economic headwinds. This wave of price increases, set to take effect from April 2025, comes at a particularly precarious time for the industry, with February retail data showing a… Continue reading Hikes Amid Slowdown: What’s Driving Rising Car Prices in India?

Honda Cars India Announces Price Hike Across Models Starting April 2025

Honda Cars India Ltd (HCIL) has announced plans to implement a price increase across its entire model lineup beginning April 2025, adding to the growing list of automotive manufacturers in India that have recently revealed similar price revision strategies. The decision comes as automakers across the country grapple with escalating input costs and operational expenses… Continue reading Honda Cars India Announces Price Hike Across Models Starting April 2025

Honda Cars India Announces Price Hike Across Models Starting April 2025

Honda Cars India Ltd (HCIL) has announced plans to implement a price increase across its entire model lineup beginning April 2025, adding to the growing list of automotive manufacturers in India that have recently revealed similar price revision strategies. The decision comes as automakers across the country grapple with escalating input costs and operational expenses… Continue reading Honda Cars India Announces Price Hike Across Models Starting April 2025

Tesla Eyes Contract Manufacturing for India Entry, Holds Talks with Automakers

Global electric car manufacturer Tesla, which is to start sales in India soon, is in talks with multiple Indian carmakers to explore the option of entering into a contract manufacturing arrangement in the country, according to industry sources. The US carmaker has initiated preliminary discussions with multiple automakers in India operating below full capacity to explore… Continue reading Tesla Eyes Contract Manufacturing for India Entry, Holds Talks with Automakers

Tesla Eyes Contract Manufacturing for India Entry, Holds Talks with Automakers

Global electric car manufacturer Tesla, which is to start sales in India soon, is in talks with multiple Indian carmakers to explore the option of entering into a contract manufacturing arrangement in the country, according to industry sources. The US carmaker has initiated preliminary discussions with multiple automakers in India operating below full capacity to explore… Continue reading Tesla Eyes Contract Manufacturing for India Entry, Holds Talks with Automakers

Eurogrip Tyres Introduces New Brand Campaign Featuring MS Dhoni

Eurogrip Tyres has unveiled a new brand campaign featuring MS Dhoni, highlighting the experience of riding with confidence. Titled “Enjoy Every Turn,” the campaign draws a parallel between life’s uncertainties and the unexpected turns on the road, encouraging riders to embrace both with ease.   The campaign film, centered around the question “What’s next for… Continue reading Eurogrip Tyres Introduces New Brand Campaign Featuring MS Dhoni

Zuno General Insurance Integrates ‘Pay How You Drive’ as a Standard Feature in Motor Policies

Zuno General Insurance, formerly known as Edelweiss General Insurance, has introduced Zuno SmartDrive, integrating the Pay-How-You-Drive (PHYD) feature into its motor insurance policies. The company has become the first insurer in India to offer mobile telematics as a built-in component of car insurance at no additional cost.   Previously available as an add-on, the PHYD… Continue reading Zuno General Insurance Integrates ‘Pay How You Drive’ as a Standard Feature in Motor Policies

Perseus Announces Entry into the EV Market with Plans for a Compact SUV by 2027

Perseus, a British-headquartered premium electric vehicle (EV) brand, has announced its market entry and outlined plans for its first model, a compact SUV, set to launch in European markets by late 2027. The company is adopting a scalable and asset-light business model, securing partnerships with global OEMs and Tier-1 suppliers to support production.   Perseus… Continue reading Perseus Announces Entry into the EV Market with Plans for a Compact SUV by 2027