Autocar_Professional India Online News – Page 146

AMP Launches Premium Electric Vehicle Subscription Service in India

AMP has launched India’s first premium electric vehicle subscription platform, targeting salaried professionals who want access to luxury EVs without purchasing them. The service, announced on October 31, 2025, offers subscriptions for vehicles from manufacturers including BMW, Mercedes, BYD, Audi, and Volvo. The company has begun operations in the National Capital Region with plans to… Continue reading AMP Launches Premium Electric Vehicle Subscription Service in India

AMP Launches Premium Electric Vehicle Subscription Service in India

China grants license to Indian companies to import rare earth magnets

In a key development signaling an easing of supply chain bottlenecks from China, some Indian companies have received permits to import rare earth magnets from the world’s dominant producer of these critical materials. “Some Indian companies have received licenses for importing rare earth magnets from China,” External Affairs Ministry spokesperson Randhir Jaiswal told reporters on… Continue reading China grants license to Indian companies to import rare earth magnets

Toyota lines up Mahindra, Hyundai rivaling SUVs for India

Toyota has lined-up a major product expansion for India in the coming years. With record profits under its belt and rapid economic growth fuelling demand, the Japanese heavyweight is now targeting a 10 percent market share in India by the end of the decade, up from around 8 percent currently, according to Reuters. The brand… Continue reading Toyota lines up Mahindra, Hyundai rivaling SUVs for India

Tata Motors Demerger Takes Effect: Commercial and Passenger Vehicle Businesses Split Into Separate Listed Companies

Tata Motors’ long-awaited demerger is now officially in effect, marking a major restructuring in the Indian auto giant’s corporate journey. The move separates its Commercial Vehicle (CV) and Passenger Vehicle (PV) divisions into two distinct, publicly listed entities. The development became legally binding on October 1, 2025, following approvals from the National Company Law Tribunal… Continue reading Tata Motors Demerger Takes Effect: Commercial and Passenger Vehicle Businesses Split Into Separate Listed Companies

Tata Motors Demerger Takes Effect: Commercial and Passenger Vehicle Businesses Split Into Separate Listed Companies

Exide Industries Postpones Board Meeting Amid Income Tax Survey

Exide Industries Limited has postponed its board meeting that was scheduled for today, citing an ongoing Income Tax department survey at the company’s premises across India. The survey, which commenced on October 29, 2025, is being conducted at Exide’s offices and manufacturing units throughout the country. The company has informed stock exchanges that the proceedings… Continue reading Exide Industries Postpones Board Meeting Amid Income Tax Survey

Hyundai Motor India’s Rural Sales Hit Record 23.6% in Q2 FY26, SUVs Drive Surge

Hyundai Motor India Ltd has achieved its highest-ever rural contribution, with rural markets accounting for 23.6% of total sales in Q2 FY26, continuing a steady climb driven by deeper network expansion, targeted marketing, and SUV-led demand. “Our focused efforts in terms of channel expansion and deeper market penetration along with targeted marketing initiatives are yielding… Continue reading Hyundai Motor India’s Rural Sales Hit Record 23.6% in Q2 FY26, SUVs Drive Surge

TCS Partners with Tata Motors on Sustainability Platform

Tata Consultancy Services has entered into a five-year partnership with Tata Motors to advance the automaker’s sustainability initiatives through digital transformation of environmental, social, and governance data management. The collaboration centers on Tata Motors’ Prakriti platform, which utilizes TCS Intelligent Urban Exchange (IUX) to digitize ESG data collection and reporting. The AI-powered system will enable… Continue reading TCS Partners with Tata Motors on Sustainability Platform