The automobile industry in India contributes nearly 49 percent to the manufacturing GDP and more than 7 percent to the overall GDP and has grown at a CAGR of 16 percent over twenty-five years barring the last two years. The going over the last six quarters has been rather tough and the lockdown to contain… Continue reading Government reassures auto sector of support to help revive demand
Author: Autocar_Professional India Online News
Bosch picks up 26% stake in Sun Mobility
German Tier 1 Bosch has acquired a 26 percent stake in Chetan Maini-backed Sun Mobility, a leading provider of energy infrastructure and services for electric vehicles. The technology major has bought the stake through its investment vehicle Robert Bosch Investment Nederland. Bosch says with its global reach it is focussing on enabling electrification within its four-pillar… Continue reading Bosch picks up 26% stake in Sun Mobility
First Kia Sonet rolls out from Anantapur plant
Kia Motors India today rolled out the first Kia Sonet compact SUV from its Anantapur facility in Andhra Pradesh. The production rollout comes exactly two weeks ahead of the official launch on O=September 18. The Kia Sonet is the company’s latest made-in-India product which will be sold in various global markets similar to the mid-SUV… Continue reading First Kia Sonet rolls out from Anantapur plant
Volta Trucks reveals full-electric Zero 16-tonner for inner-city freight operations
Volta Trucks, the start-up electric vehicle manufacturer, has revealed the new Volta Zero – its first vehicle and the world’s first purpose-built full-electric 16-tonne commercial vehicle designed specifically for inner-city parcel and freight distribution. From launch, the Volta Zero will be a significant contributor to the future vision of zero-emission cities all over the world.… Continue reading Volta Trucks reveals full-electric Zero 16-tonner for inner-city freight operations
Porsche to develop synthetic e-fuel, looking for partners
Porsche has announced that it wants to “drive forward the development of synthetic fuels (e-fuels) and is seeking partners to build pilot factories to prove e-fuels’ viability. Although Porsche is investing in electrification, as evidenced by the introduction of the Taycan EV earlier this year, it believes the technology is not reducing its carbon footprint quickly… Continue reading Porsche to develop synthetic e-fuel, looking for partners
TVS Motor invests additional Rs 30 crore in Ultraviolette Automotive
Chennai-headquartered TVS Motor Company has made an additional investment of Rs 30 crore in electric vehicle startup Ultraviolette Automotive (UV), as part of its Series B round of funding. The startup says to accelerate the adoption of EVs in India it is set-out to build India’s first high-performance electric motorcycle – the F77, three years ago.… Continue reading TVS Motor invests additional Rs 30 crore in Ultraviolette Automotive
Neeraj Kanwar: ‘Learnings from our Hungarian plant have gone into the new plant in Andhra Pradesh.’
Apollo Tyres’ new plant in Andhra Pradesh’s Chittoor district uses state-of-the-art automation as well as machine learning and IoT. Neeraj Kanwar, Vice-Chairman and MD, tells why the company chose Andhra Pradesh over other states, level of collaboration between its R&D centres in Chennai and Holland, market dynamics, introducing premium Vredestein tyres soon in India, and how… Continue reading Neeraj Kanwar: ‘Learnings from our Hungarian plant have gone into the new plant in Andhra Pradesh.’
Honda rejigs variant line-up of fourth-gen City
Honda Cars India (HCIL) has rejigged the grade line-up of the fourth-generation City sedan, which, in a maiden ‘dual-model’ strategy for the carmaker, is continuing to be sold in the market even as it has launched the new model on July 15. While the new fifth-generation City has been introduced in V, VX and ZX… Continue reading Honda rejigs variant line-up of fourth-gen City
MG Motor India registers 41 percent growth in August sales
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Maruti Suzuki fires on all cylinders in August, sells 113,033 units (21%)
The market mover is back in form and how. In what spells good news for a beleagured industry, Maruti Suzuki India, the passenger vehicle market leader, has reported strong sales of 113,033 units, up 21.3% year on year (August 2019: 93,173). All its vehicle segments, other than the Ciaz premium sedan, have notched smart increases. The… Continue reading Maruti Suzuki fires on all cylinders in August, sells 113,033 units (21%)