Hyundai Motor India is set to expand into new market segments — including MPVs and off-road SUVs — as part of its aggressive 2030 growth strategy, detailed during the company’s first-ever CEO Investment Day in Mumbai. Under its India-centric product roadmap, Hyundai confirmed 26 product launches by FY2030, which include seven all-new nameplates that will… Continue reading Hyundai eyes MPV, Off-Road SUV Segments, Eyes Wider UV Leadership by 2030
Author: Autocar_Professional India Online News
Stellantis announces mega $13 billion investment in the US
Stellantis has announced plans to invest $13 billion (Rs 108,303 crore) over the next four years to grow its business in the critical United States market and to increase its domestic manufacturing footprint. This announcement builds on the previously announced actions in January 2025. The investment is the largest in the company’s 100-year U.S. history… Continue reading Stellantis announces mega $13 billion investment in the US
Hyundai Motor India to Invest ₹45,000 Crore by FY2030, Targets ₹1 Lakh-Crore Revenue
Hyundai Motor India Limited (HMIL) has unveiled its most comprehensive growth blueprint yet, announcing an investment of ₹45,000 crore through FY2030 to strengthen its presence across product, technology, and manufacturing fronts. The move signals the South Korean carmaker’s long-term commitment to India — a market it now sees as central to its global strategy. The… Continue reading Hyundai Motor India to Invest ₹45,000 Crore by FY2030, Targets ₹1 Lakh-Crore Revenue
Hyundai Charts ‘Fewer, Bigger, Better’ Strategy for Network Expansion
Hyundai Motor India, the country’s second-largest carmaker, has unveiled an ambitious dealer network development strategy as part of its FY’30 Vision, targeting significant expansion in both urban and rural markets while maintaining its competitive position in the rapidly evolving Indian automotive landscape. According to details shared at the company’s investor day presentation held today, Hyundai’s… Continue reading Hyundai Charts ‘Fewer, Bigger, Better’ Strategy for Network Expansion
Hyundai Charts ‘Fewer, Bigger, Better’ Strategy for Network Expansion
Hyundai Motor India, the country’s second-largest carmaker, has unveiled an ambitious dealer network development strategy as part of its FY’30 Vision, targeting significant expansion in both urban and rural markets while maintaining its competitive position in the rapidly evolving Indian automotive landscape. According to details shared at the company’s investor day presentation held today, Hyundai’s… Continue reading Hyundai Charts ‘Fewer, Bigger, Better’ Strategy for Network Expansion
Skoda-VW in talks with JSW Group for joint operations in India
Skoda-VW Auto India Pvt Ltd (SVAIPL) has entered into discussions with the JSW Group for a strategic equity partnership aimed at funding and developing its next-generation SUV portfolio based on the CMP21 platform. The deal, if finalized, could redefine Skoda-VW’s growth prospects in India, combining VW’s technology with JSW’s financial and industrial strength. The Volkswagen… Continue reading Skoda-VW in talks with JSW Group for joint operations in India
Video – Auto Industry Must Double Manufacturing Footprint in 5 Years, with Localization as the Key: ZF Group’s Akash Passey
ZF Group India’s President discusses the critical role of suppliers and startups in innovation, India’s resilience amid global challenges, and ambitious plans to triple business within five years. In this conversation with Akash Passey President, ZF Group India, he talks about Tier 2, Tier 3 suppliers and startups being crucial for growth and innovation. He… Continue reading Video – Auto Industry Must Double Manufacturing Footprint in 5 Years, with Localization as the Key: ZF Group’s Akash Passey
ICRA Reaffirms Uno Minda’s Commercial Paper Rating at A1+ with Stable Outlook
ICRA Limited has revalidated the commercial paper credit rating of Uno Minda Limited at [ICRA]A1+ with a stable outlook on October 14, 2025. The rating applies to the company’s commercial paper program of Rs 300 crore. The revalidation was confirmed by ICRA in a letter to Uno Minda’s management on the same date. The rating… Continue reading ICRA Reaffirms Uno Minda’s Commercial Paper Rating at A1+ with Stable Outlook
Maruti Suzuki to Automate Driving Tests in Tamil Nadu
Maruti Suzuki India Limited has signed a Memorandum of Agreement with the Transport Department of Tamil Nadu to establish 10 Automated Driving Test Tracks (ADTTs) across the state as part of its corporate social responsibility efforts. The automated tracks will be set up in Marthandam, Tirunelveli, Coimbatore (Central), Madurai (North), Tuticorin, Krishnagiri, Dindigul, Tiruvannamalai, Sivagangai,… Continue reading Maruti Suzuki to Automate Driving Tests in Tamil Nadu
Carraro India Secures Rs 17.5 Crore Contract for Electric Tractor Transaxle Development
Carraro India Limited has received an engineering services contract worth Rs 17.5 crore from TI Clean Mobility Private Ltd – Montra Electric for the development and industrialization of E-Transaxles for electric-powered agricultural tractors. The Product Industrialization and Supply Agreement was executed on October 14, 2025. Under the agreement, Carraro India will conduct a detailed feasibility… Continue reading Carraro India Secures Rs 17.5 Crore Contract for Electric Tractor Transaxle Development