The intense rush for channel restocking among car manufacturers is likely to sustain the momentum of passenger vehicle dispatches in February, potentially propelling the domestic wholesale volume towards the 4-lakh unit mark again in the second month of 2025. According to industry sources, dispatches by carmakers are estimated to be between 3.95-4 lakh units in… Continue reading Car Sales in Fast Lane; February wholesales seen nearing 4 lakh-unit mark
Author: Autocar_Professional India Online News
Mercedes-Benz to Introduce Electric E-Class in 2027
A fully electric E-Class is in the works and will be available by 2027, Mercedes-Benz confirmed during its Capital Market Day presentation. The electric sedan’s launch in India could also happen later. Competing with Tesla and BMW, this new E-Class EV is expected to offer premium features and an extended range. The German marque also… Continue reading Mercedes-Benz to Introduce Electric E-Class in 2027
Mercedes-AMG C 63 Set to Return to V8 Engine for 2026 Model Year
The Mercedes-AMG C 63 will switch back to a V8 engine from its current 2-litre, four-cylinder hybrid setup next year, as confirmed by our sister publication Autocar UK. Mercedes launched the track-focused sedan in India in December 2024. Notably, the AMG CLE 63 will first receive the new eight-cylinder engine later this year, followed by… Continue reading Mercedes-AMG C 63 Set to Return to V8 Engine for 2026 Model Year
Mahindra South Africa and IDC Sign MoU to Explore Vehicle Assembly Potential in South Africa
Mahindra has entered into a Memorandum of Understanding (MoU) with South Africa’s Industrial Development Corporation (IDC) to assess the feasibility of establishing a Completely Knocked Down (CKD) vehicle assembly facility in the country. The announcement comes as Mahindra South Africa celebrates the production of its 25,000th locally assembled Pik Up vehicle at its KwaZulu-Natal facility… Continue reading Mahindra South Africa and IDC Sign MoU to Explore Vehicle Assembly Potential in South Africa
Schaeffler Gears Up for Growth in Two- and Three-Wheeler Segments
Schaeffler India is strengthening its presence in the two- and three-wheeler segments, leveraging its existing capabilities in internal combustion engine (ICE) components and its recent expansion into electric powertrain solutions through the Vitesco Technologies acquisition. The company sees significant opportunities as the Indian market transitions to higher-capacity motorcycles and electrification. “We already have a strong… Continue reading Schaeffler Gears Up for Growth in Two- and Three-Wheeler Segments
India singles out VW in $1.4 billion tax dispute, says Kia corrected course: Report
Indian tax authorities have singled out Volkswagen as the only automaker to wrongly classify its car imports for 12 years to evade $1.4 billion in taxes, even as rival Kia changed its practice after being pulled up, court papers show. If found guilty, Volkswagen could face dues of $2.8 billion, which includes penalty and delayed… Continue reading India singles out VW in $1.4 billion tax dispute, says Kia corrected course: Report
Hyundai Motor and Samsung Verify New Private 5G RedCap Technology for Manufacturing
Hyundai Motor Company and Samsung Electronics have successfully completed verification testing of Private 5G (P-5G) RedCap technology, a development aimed at enhancing manufacturing efficiency through improved wireless communications. The companies announced today that they will showcase the new technology at MWC25 Barcelona, the global IT and electronics exhibition running from March 3-6 in Spain. According to… Continue reading Hyundai Motor and Samsung Verify New Private 5G RedCap Technology for Manufacturing
Lynk & Co Launches 08 Plug-In Hybrid SUV with 200km Electric Range in Europe
Swedish-Chinese automaker Lynk & Co has announced the European launch of its 08 plug-in hybrid SUV, featuring what the company claims is the segment’s longest all-electric range at 200km (WLTP) and DC fast-charging capability. The 08 model, already available in China, will arrive in European markets in June 2025 with prices starting at €52,995. The… Continue reading Lynk & Co Launches 08 Plug-In Hybrid SUV with 200km Electric Range in Europe
JBM Auto Limited Establishes New EV Subsidiary
JBM Auto Limited has announced the incorporation of a new wholly owned subsidiary, JBM EV Ventures Private Limited, according to a regulatory filing dated February 26, 2025. The Certificate of Incorporation for the new entity was issued by the Registrar of Companies, NCT of Delhi and Haryana on February 19, 2025, and was received by… Continue reading JBM Auto Limited Establishes New EV Subsidiary
Vidyut Raises $2.5 Million to Expand EV Battery Subscription Services
Electric vehicle ecosystem platform Vidyut has secured $2.5 million in funding from global fintech investor Flourish Ventures, the company announced Wednesday. The investment will support Vidyut’s expansion of its Battery-as-a-Service (BaaS) model across both passenger and commercial electric vehicle segments in India. Founded in 2021 by former Swiggy and Bounce executives Xitij Kothi and Gaurav… Continue reading Vidyut Raises $2.5 Million to Expand EV Battery Subscription Services