Fiat unveils five retro-styled concepts

Fiat has revealed five retro-style concepts that will transform into production models starting this year. The first of the lot will be the Fiat Panda EV that will go on sale in Europe first, later this year. These concepts, according to Fiat, will bring a range of affordable EVs to the market one after the… Continue reading Fiat unveils five retro-styled concepts

SUVs to drive passenger vehicle volume 5-7% next fiscal, says CRISIL

Passenger vehicle (PV) volume is expected to see a new peak for the third straight time next fiscal, growing 5-7% on a high base of 6-8% estimated for the current fiscal, as sport utility vehicles (SUVs) race ahead even as demand for cars and exports remain muted, according to CRISIL. Healthy volume growth of the SUV… Continue reading SUVs to drive passenger vehicle volume 5-7% next fiscal, says CRISIL

Centre issues advisory for State governments to legalise bike taxis

In an attempt to address the ongoing debate around the legality of bike taxis, the Union Ministry of Road Transport and Highways (MoRTH) issued an advisory on January 22, 2024. The advisory clarifies that motorcycles fall within the definition of contract carriages as per Section 2(7) of the Motor Vehicles (MV) Act, 1988.  The issue… Continue reading Centre issues advisory for State governments to legalise bike taxis

Honda India Foundation organises ‘Health Mela’ in rural Haryana

As a part of its ongoing commitment to community welfare, Honda India Foundation recently organised a “Health Mela” in collaboration with Impact Guru Foundation, Rotary International, District Administration, and Deepalaya NGO. Held in the Mokalwas Village of Manesar, Haryana, this event aimed to raise awareness about rural health issues and provide essential medical services directly… Continue reading Honda India Foundation organises ‘Health Mela’ in rural Haryana

India Yamaha Motor is official sponsor of Monster Energy Yamaha MotoGP team for 2024 Season

India Yamaha Motor (IYM) announced its official sponsorship of the Monster Energy Yamaha MotoGP team for the 2024 season. The partnership will see IYM’s ‘The Call of the Blue’ brand campaign logo featured on the YZR-M1 bikes of Fabio Quartararo and Alex Rins throughout the season.  ‘The Call of the Blue’ campaign has resonated deeply… Continue reading India Yamaha Motor is official sponsor of Monster Energy Yamaha MotoGP team for 2024 Season

Govt keen on pushing component exports by 5X this decade, says ACMA President

The government is pushing the auto components industry to target a five-fold increase in exports to USD 100 billion by the end of the decade, to make India a global hub of the automotive industry.  “Whilst our industry is on a growth path, the government would like us to be much more aggressive on the… Continue reading Govt keen on pushing component exports by 5X this decade, says ACMA President

Rolls-Royce appoints Julian Jenkins as new director, sales and brand, effective 1 March

Rolls-Royce announces departure of Director of Sales & Brand, Henrik Wilhelmsmeyer, with effect from 29 February 2024. Henrik’s successor from 1 March will be Julian Jenkins. Henrik leaves Goodwood after six years to take up a new senior position within the BMW Group, playing a leading role shaping the brand’s future high-end luxury cars.  “Since… Continue reading Rolls-Royce appoints Julian Jenkins as new director, sales and brand, effective 1 March

Tata Passenger Electric Mobility preparing for $1-2 billion listing in 12-18 months: Report

Tata Motors’ subsidiary Tata Passenger Electric Mobility is preparing for a public listing in the coming 12-18 months, The Hindu BusinessLine reported.  The initial public offering (IPO) aims to garner $1-2 billion, underlying the Tata Group’s strategic thrust towards monetising investments in the burgeoning EV space, the newspaper reported.  “Listing of TPEML is to ensure… Continue reading Tata Passenger Electric Mobility preparing for $1-2 billion listing in 12-18 months: Report

Volvo Car India realigns management team to bolster fully electric goal by 2030

Volvo Car India has undergone a strategic talent initiative with realignment of its Management Team and critical roles in the organisation structure over the past few months, as it moves towards its growth ambition of becoming fully electric by 2030 and a leader in the direct-to-consumer online sales. “The Management Team restructure underscores Volvo Car India’s commitment… Continue reading Volvo Car India realigns management team to bolster fully electric goal by 2030

TVS Motor Co crosses 3.5 million customer milestone in international markets, launches TVS HLX 150F

TVS Motor Company (TVSM) today announced that its best-selling, TVS HLX line of two-wheelers, has crossed the milestone of 3.5 million customers in international markets. The company launched the TVS HLX 150F – a new offering, added safety features, a superior suspension and better styling, it noted in a press release. The TVS HLX line was… Continue reading TVS Motor Co crosses 3.5 million customer milestone in international markets, launches TVS HLX 150F