Autocar_Professional India Online News – Page 236

Hyundai Motor India Announces New Appointments and Rs 694 Crore Investment in Tooling Centre

Hyundai Motor India Limited has announced new appointments and approved a Rs 694 crore investment for a new Tooling Centre following its recent board meeting. The planned Tooling Centre will focus on manufacturing stamping tools and vehicle panels, reinforcing Hyundai’s local production capabilities and supply chain stability. This strategic move aims to enhance the company’s… Continue reading Hyundai Motor India Announces New Appointments and Rs 694 Crore Investment in Tooling Centre

Lohia Auto Rebrands as Zuperia Auto, Introduces Youdha for Electric Three-Wheeler Market

Lohia Auto, a long-standing player in India’s electric vehicle (EV) sector, has rebranded as Zuperia Auto Private Limited (ZAPL). The company will continue offering electric vehicles under the “Lohia” brand while launching a new brand, “Youdha,” focused on the mass-market electric three-wheeler segment. The move marks a strategic shift aimed at expanding ZAPL’s presence in… Continue reading Lohia Auto Rebrands as Zuperia Auto, Introduces Youdha for Electric Three-Wheeler Market

Advik Hi-Tech’s Plans to Double Turnover With EV and CNG Push

Auto component maker Advik Hi-Tech plans to expand by leveraging its core business of supplying components to internal combustion engine vehicles, while developing new product offerings for vehicles powered by cleaner fuels. The Pune-based company, which is known for manufacturing chain tensioners, braking systems and vehicle pumps for cooling and lubrication, wants to double its… Continue reading Advik Hi-Tech’s Plans to Double Turnover With EV and CNG Push

Audi India Establishes Pop-up Store at Cawnpore Club in Kanpur

Audi India launched a new pop-up store in Kanpur on March 24, 2025, expanding its retail presence in Uttar Pradesh. The German luxury automaker has established the facility within the prestigious Cawnpore Club, targeting luxury car enthusiasts in the region. The compact store features an indoor vehicle display showcasing select Audi models alongside a collection… Continue reading Audi India Establishes Pop-up Store at Cawnpore Club in Kanpur

India says cancelling Volkswagen’s $1.4 billion tax bill would be ‘catastrophic’: Report

The Indian government has informed a Mumbai court that ceding into Volkswagen’s demand to quash a $1.4 billion tax bill would have ‘catastrophic consequences’ and enable firms to withhold information and hold up inquiries, as per court documents, Reuters reported. India’s largest ever demand for back taxes (taxes owed from a previous year) pertaining to… Continue reading India says cancelling Volkswagen’s $1.4 billion tax bill would be ‘catastrophic’: Report

Tata AutoComp to acquire IAC Sweden

Leading Indian automotive components manufacturer Tata AutoComp Systems has announced the acquisition of International Automotive Components Group Sweden AB (IAC Sweden). The Swedish company, which has a turnover of approximately $800 million, is a well-established manufacturer of interior systems and components to the automotive industry. This strategic acquisition reinforces Tata AutoComp’s presence in Sweden and… Continue reading Tata AutoComp to acquire IAC Sweden

Tata AutoComp to acquire IAC Sweden

Scooter industry on track for record sales of 6.75 million units in FY2025

The Indian two-wheeler industry, which has clocked wholesales of 17.95 million units in the first 11 months of FY2025 and 9% YoY growth, it is also thanks to the robust demand for scooters. Between April 2024 and February 2025, scooter manufacturers have dispatched 6.26 million units to their dealers across India, which is a handsome… Continue reading Scooter industry on track for record sales of 6.75 million units in FY2025