The Indian automobile industry exhibited varied performance across segments in April 2025, with commercial vehicles experiencing a slight decline, passenger vehicles posting modest gains, and two-wheelers facing production challenges despite stable consumer demand. Commercial vehicle wholesale volumes fell 1.4 percent year-on-year in April 2025, while retail volumes contracted 1.0 percent. The segment was affected by… Continue reading Indian Auto Industry Shows Mixed Performance in April 2025 Amid Production Adjustments
Author: Autocar_Professional India Online News
India’s Construction Equipment Share May Grow 5X; Exports to Rise Mid-Double Digits in FY26
India’s share in the global construction equipment market has the potential to grow fivefold, according to top industry executives, who cite rising demand from developed markets and supportive trade agreements such as the UK-India Free Trade Agreement (FTA) as key drivers. The industry also anticipates mid-double-digit export growth in FY26, buoyed by upgraded emissions and… Continue reading India’s Construction Equipment Share May Grow 5X; Exports to Rise Mid-Double Digits in FY26
Antonio Filosa Appointed CEO of Stellantis, Effective June 23
Stellantis N.V. has named Antonio Filosa as its next Chief Executive Officer, effective June 23, following a unanimous decision by the company’s Board of Directors. Filosa, who currently serves as Chief Operating Officer for the Americas and Chief Quality Officer, will take over CEO responsibilities as the company enters a critical phase of global transformation… Continue reading Antonio Filosa Appointed CEO of Stellantis, Effective June 23
Chinese Export Curbs on Rare Earth Magnets Could Disrupt Indian Auto Production: Reuters
Indian auto manufacturers may face production shutdowns within days due to China’s export restrictions on rare earth magnets, according to industry sources and documents seen by Reuters. China, which processes over 90% of these magnets globally, implemented new rules in April requiring import permits—initially seen as a response to U.S. tariffs. However, the impact is… Continue reading Chinese Export Curbs on Rare Earth Magnets Could Disrupt Indian Auto Production: Reuters
ASDC and CBSE Launch National Automobile Olympiad 2025 for School Students
The Automotive Skills Development Council (ASDC), in collaboration with the Central Board of Secondary Education (CBSE), has announced the fourth edition of the National Automobile Olympiad (NAO) 2025. The initiative is open to students from Classes 6 to 12 across all educational boards and aims to introduce young learners to emerging automotive technologies. The theme… Continue reading ASDC and CBSE Launch National Automobile Olympiad 2025 for School Students
Battery Summit 2025 Brings Together Over 500 Participants to Discuss Energy Storage Innovation and Collaboration
The Battery Summit 2025 convened over 500 participants from across government bodies, research institutions, startups, and the private sector to deliberate on India’s progress and future roadmap in battery technology and energy storage solutions. The summit, held in New Delhi, focused on strengthening domestic capabilities, promoting innovation, and enhancing collaboration to support the country’s energy… Continue reading Battery Summit 2025 Brings Together Over 500 Participants to Discuss Energy Storage Innovation and Collaboration
Schaeffler to Invest Over Half a Billion Euros in India Over Next 5 Years
German automotive and industrial component maker Schaeffler AG has reaffirmed its commitment to India, announcing plans to invest more than €100 million every year over the next five years to expand its operations in the country. The move underscores the company’s long-term strategy to tap into India’s growing automotive and industrial sectors. “If we compare… Continue reading Schaeffler to Invest Over Half a Billion Euros in India Over Next 5 Years
Schaeffler CEO Sees India as Key Growth Hub Amid Global Challenges
Schaeffler AG, the German motion technology company, views India as a cornerstone of its global growth strategy, citing its resilient partnerships, skilled talent base, and long-term business potential, according to CEO Klaus Rosenfeld, who spoke with select Indian media on Wednesday. “In this geopolitical environment with all the tensions, with all the stress in supply… Continue reading Schaeffler CEO Sees India as Key Growth Hub Amid Global Challenges
Schaeffler CEO Sees India as Key Growth Hub Amid Global Challenges
Schaeffler AG, the German motion technology company, views India as a cornerstone of its global growth strategy, citing its resilient partnerships, skilled talent base, and long-term business potential, according to CEO Klaus Rosenfeld, who spoke with select Indian media on Wednesday. “In this geopolitical environment with all the tensions, with all the stress in supply… Continue reading Schaeffler CEO Sees India as Key Growth Hub Amid Global Challenges
Pioneer Opens R&D Center in Bengaluru to Develop Automotive and Mobility Technologies
Pioneer India, a subsidiary of Japan-based Pioneer Corporation, has inaugurated its new Research & Development (R&D) Center in Bengaluru. This step marks a significant expansion of the company’s innovation and development capabilities in India, following its earlier announcement in 2023 about establishing a presence in the city. The new facility will focus on the development… Continue reading Pioneer Opens R&D Center in Bengaluru to Develop Automotive and Mobility Technologies