CEAT Limited has announced the incorporation of a new step-down subsidiary in Sri Lanka, named CEAT OHT Ventures (Private) Limited. The entity was officially registered on May 2, 2025, with an initial capital of LKR 3,00,000, to be infused in multiple tranches. According to regulatory filings with BSE and NSE, the subsidiary is a related… Continue reading CEAT Expands Global Footprint with New Step-Down Subsidiary in Sri Lanka
Author: Autocar_Professional India Online News
Hyundai Creta Tops India’s Car Sales in April 2025 for Second Straight Month
Hyundai Motor India Limited (HMIL) announced that the Hyundai Creta remained the highest-selling car in the Indian automotive market for the second consecutive month. The company reported that 17,016 units of the SUV were sold in April 2025, reflecting a 10.2% increase over the same month in 2024. From January to April 2025, the Creta… Continue reading Hyundai Creta Tops India’s Car Sales in April 2025 for Second Straight Month
Mahindra Finance Approves Rs 3,000 Crore Rights Issue under Simplified Regulations
Mahindra & Mahindra Financial Services Limited (MMFSL) has approved a fresh resolution for a rights issue of up to Rs 3,000 crore, superseding its earlier February approval to take advantage of SEBI’s recently simplified regulations for rights issues. The Board of Directors of MMFSL met on May 2, 2025, and approved the fund raise through… Continue reading Mahindra Finance Approves Rs 3,000 Crore Rights Issue under Simplified Regulations
Volkswagen to Launch Iconic Golf GTI in India for First Time
Volkswagen India has announced the introduction of its legendary Golf GTI to the Indian market for the first time, with pre-bookings opening on May 5, 2025. The latest generation Golf GTI Mk 8.5 will be available as a fully built unit (FBU) through a limited allocation. The Golf GTI features 265 PS of power and… Continue reading Volkswagen to Launch Iconic Golf GTI in India for First Time
JK Tyre Expands Rural Presence with ‘Steel Wheels’ Initiative
JK Tyre & Industries Ltd. has launched its ‘JK Tyre Steel Wheels’ initiative in Farrukhnagar, Haryana, as part of its strategy to expand into rural towns with populations of one lakh or less. The company will extend the programme over the next three months across Haryana, Bihar, Uttar Pradesh, Maharashtra, Tamil Nadu, and Telangana, with… Continue reading JK Tyre Expands Rural Presence with ‘Steel Wheels’ Initiative
JK Tyre Expands Rural Presence with ‘Steel Wheels’ Initiative
JK Tyre & Industries Ltd. has launched its ‘JK Tyre Steel Wheels’ initiative in Farrukhnagar, Haryana, as part of its strategy to expand into rural towns with populations of one lakh or less. The company will extend the programme over the next three months across Haryana, Bihar, Uttar Pradesh, Maharashtra, Tamil Nadu, and Telangana, with… Continue reading JK Tyre Expands Rural Presence with ‘Steel Wheels’ Initiative
‘More OEMs entering the EV space will spur demand’: CS Vigneshwar
With EV penetration in India’s passenger vehicle segment only being pegged at in low single digits, a growing participation of OEMs with new EV offerings is set to drive demand. According to CS Vigneshwar, President, FADA, “While the EV penetration has been about 3% in the last couple of years, we must remember that electrification… Continue reading ‘More OEMs entering the EV space will spur demand’: CS Vigneshwar
JSW MG Motor Expands EV Lineup with MG Windsor PRO
JSW MG Motor India has expanded its electric vehicle portfolio with the launch of the MG Windsor PRO, introducing additional features in response to growing customer demand. The new variant, announced today, offers enhanced safety, updated technology, and an improved driving experience while maintaining the characteristics of the original MG Windsor model. The MG Windsor PRO… Continue reading JSW MG Motor Expands EV Lineup with MG Windsor PRO
JSW MG Motor Expands EV Lineup with MG Windsor PRO
JSW MG Motor India has expanded its electric vehicle portfolio with the launch of the MG Windsor PRO, introducing additional features in response to growing customer demand. The new variant, announced today, offers enhanced safety, updated technology, and an improved driving experience while maintaining the characteristics of the original MG Windsor model. The MG Windsor PRO… Continue reading JSW MG Motor Expands EV Lineup with MG Windsor PRO
Delhi Government Introduces DEVi Electric Bus Fleet for Improved Connectivity
The Government of the National Capital Territory of Delhi has introduced the Delhi Electric Vehicle Interconnector (DEVi) initiative, deploying a fleet of advanced electric buses to improve last-mile connectivity between metro stations and major bus terminals. The initiative, flagged off by Chief Minister Smt. Rekha Gupta, aligns with the vision of Hon’ble Prime Minister Shri… Continue reading Delhi Government Introduces DEVi Electric Bus Fleet for Improved Connectivity