Mexico’s tariff increase will affect $1 billion worth of shipments from major Indian car exporters, including Volkswagen and Hyundai, despite industry lobbying efforts to prevent the move, according to two sources and an industry letter reviewed by Reuters. Mexican President Claudia Sheinbaum’s government approved Wednesday raising import tariffs next year on hundreds of items from… Continue reading Mexico’s Tariff Increase to Affect $1 Billion in Indian Car Exports
Author: Autocar_Professional India Online News
Escorts Kubota Unveils BS V-Compliant Construction Equipment Range at Excon 2025
Escorts Kubota Limited launched its latest construction equipment lineup at Excon 2025, introducing BS V-compliant machines designed for diverse applications across urban development, mining and industrial logistics. The company unveiled the Kubota U22-6 Mini Excavator as a commercial product, filling the gap between its 1.7-ton and 3-ton models. The 2.2-ton excavator features zero-tail swing design,… Continue reading Escorts Kubota Unveils BS V-Compliant Construction Equipment Range at Excon 2025
Michelin Opens Tyre and Service Store in Ludhiana
Michelin launched a Michelin Tyre & Service Store in Ludhiana in partnership with Preet Automobiles. The facility is located on Link Road, Gill Chowk, and was inaugurated by Prashant Sharma, National Sales Director at Michelin India. The store spans 1,500 square feet and offers Michelin’s range of products along with mobility services including wheel alignment,… Continue reading Michelin Opens Tyre and Service Store in Ludhiana
StraCon Report Tracks India’s Electric Vehicle Growth from 434,000 to 2.08 Million Units
StraCon Business Advisory & Consultancy Firm released a report analyzing India’s electric vehicle sector from 2019 to 2024, during which annual sales increased from 434,000 units to 2.08 million units. The study, titled “India’s Electric Mobility Landscape: Five-Year Market Trends and the Path to 2030,” examines market evolution and proposes seven measures to address structural… Continue reading StraCon Report Tracks India’s Electric Vehicle Growth from 434,000 to 2.08 Million Units
StraCon Report Tracks India’s Electric Vehicle Growth from 434,000 to 2.08 Million Units
StraCon Business Advisory & Consultancy Firm released a report analyzing India’s electric vehicle sector from 2019 to 2024, during which annual sales increased from 434,000 units to 2.08 million units. The study, titled “India’s Electric Mobility Landscape: Five-Year Market Trends and the Path to 2030,” examines market evolution and proposes seven measures to address structural… Continue reading StraCon Report Tracks India’s Electric Vehicle Growth from 434,000 to 2.08 Million Units
Ather Rizta Reaches 2 Lakh Sales Milestone
Ather Energy has announced that its Rizta electric scooter has crossed the 2 lakh sales mark, achieving the milestone just six months after reaching its first lakh units in May 2025. The family-oriented scooter now represents over 70% of the company’s total sales volume. Launched in April 2024, the Rizta has been instrumental in expanding… Continue reading Ather Rizta Reaches 2 Lakh Sales Milestone
Propel Industries Launches Four Electric Tippers at EXCON 2025
Propel Industries Private Limited unveiled four new electric tipper models, a connectivity platform, and an after-sales service program at EXCON 2025 today. The launch took place in the presence of Dr. Soumya Ranjan Samal, Founder and CMD of Kalinga Commercial Corporation Limited, and Mr. J Rudrasekar, Director of RAJIRAJ MINERALS PRIVATE LIMITED. The new electric… Continue reading Propel Industries Launches Four Electric Tippers at EXCON 2025
UST Acquires Majority Stake in Italdesign Through Strategic Partnership with Audi Group
Global transformation company UST has signed an agreement to acquire a majority stake in renowned automotive design and engineering firm Italdesign, marking a significant strategic partnership with the Audi Group. The transaction, will see UST—headquartered in Aliso Viejo, California—take operational control of Italdesign while Automobili Lamborghini, the current parent company and part of the Audi… Continue reading UST Acquires Majority Stake in Italdesign Through Strategic Partnership with Audi Group
Maruti Fronx First Nexa SUV to Drive Past 400,000 Sales
The popular Maruti Fronx compact SUV, launched in April 2023, has surpassed cumulative wholesales of 400,000 units in the domestic market. From launch till end-November 2025, the Fronx has sold a total of 409,817 units. With this, the premium Baleno-based compact SUV becomes the first Nexa-marketed SUV to achieve this sales milestone. The last 100,000… Continue reading Maruti Fronx First Nexa SUV to Drive Past 400,000 Sales
India Aims to Become Global Construction Equipment Hub as Exports Surge
India’s construction equipment sector has been identified as a high-potential, export-oriented industry by the government, with officials highlighting the country’s growing presence in global markets and ambitious plans to expand international trade. Speaking at a session on export competitiveness organized by the Confederation of Indian Industry (CII) and the Indian Construction Equipment Manufacturers’ Association (ICEMA)… Continue reading India Aims to Become Global Construction Equipment Hub as Exports Surge