ASK Automotive Limited has announced that its Board of Directors has approved the formation of a joint venture with T.D. Holding GMBH (TDH), aimed at manufacturing, marketing, and selling sunroof control cables and helix cables for passenger vehicles. In a meeting held on June 25, 2025, the Board gave the green signal to move forward… Continue reading ASK Automotive Board Approves Joint Venture with T.D. Holding GMBH for Sunroof Cable Manufacturing
Author: Autocar_Professional India Online News
FASTag Annual Pass Implementation Expected to Reduce Toll Operator Revenues by 4-8%: CRISIL
The National Highways Authority of India’s announcement of a Rs 3,000 FASTag annual pass for private vehicles will reduce toll road operators’ revenues by 4-8%, according to a Crisil Ratings assessment released on June 25, 2025. The rating agency analyzed 40 operational toll road projects to evaluate the impact of the new pricing structure, which… Continue reading FASTag Annual Pass Implementation Expected to Reduce Toll Operator Revenues by 4-8%: CRISIL
Bosch Commits 2.5 Billion Euros to AI Development by 2027
Bosch announced plans to invest more than 2.5 billion euros in artificial intelligence development by the end of 2027, positioning AI as a key growth driver for the German technology company. The investment strategy focuses on AI-based solutions for assisted and automated driving, with the company targeting sales of well over 10 billion euros by… Continue reading Bosch Commits 2.5 Billion Euros to AI Development by 2027
JSW MG Motor India Announces Price Hike of Up to 1.5% from July 1
JSW MG Motor India has announced a price hike of up to 1.5% across the majority of its product portfolio, effective July 1, 2025. The extent of the increase will vary depending on the specific model and variant. The company stated that the revision is intended to address rising input costs and other macroeconomic pressures.… Continue reading JSW MG Motor India Announces Price Hike of Up to 1.5% from July 1
Elektrobit and Foxconn Sign Joint Development Agreement for AI-Centric Automotive Platform
Elektrobit has signed a joint development agreement with Hon Hai Technology Group (Foxconn) to develop EV.OS, an AI-centric software platform designed for software-defined electric vehicles. The partnership between the automotive software specialist and the global electronics manufacturer aims to create industry-first scaling supply chain innovations for the mobility sector. The collaboration will produce a comprehensive… Continue reading Elektrobit and Foxconn Sign Joint Development Agreement for AI-Centric Automotive Platform
Assurance Intl Limited Appoints Anupam Srivastava as Vice President Sales and Marketing
Assurance Intl Limited has appointed Anupam Srivastava as Vice President Sales and Marketing, where he will lead the company’s business expansion across its Goodyear lubricants and filters, STP lubricants, filters and batteries, and ACDelco lubricants and batteries portfolios. The appointment was announced on Tuesday as part of the company’s leadership strengthening initiative. Srivastava brings over… Continue reading Assurance Intl Limited Appoints Anupam Srivastava as Vice President Sales and Marketing
Yamaha Hosts National 3S Grand Prix 2024–25 with India Final in Greater Noida
India Yamaha Motor Pvt. Ltd. (IYM) concluded the Yamaha National 3S Grand Prix 2024–25 with a national-level competition held at its Surajpur facility in Greater Noida. The event, which recognises the contributions of dealership staff in Sales, Service, and Spares operations, included over 7,500 participants from across the country. Now in its latest edition, the… Continue reading Yamaha Hosts National 3S Grand Prix 2024–25 with India Final in Greater Noida
Volvo XC60 Becomes the Brand’s Best-Selling Model with Over 2.7 Million Units Sold
The Volvo XC60 has officially become the highest-selling model in the company’s history, surpassing the Volvo 240 with more than 2.7 million units sold globally since its launch in 2008. This development marks a significant shift in consumer preference from traditional estate vehicles to mid-size SUVs. Known for its combination of Scandinavian design, safety features,… Continue reading Volvo XC60 Becomes the Brand’s Best-Selling Model with Over 2.7 Million Units Sold
CareEdge Warns of Revenue Impact from MoRTH’s ₹3,000 Toll Pass for Private Cars
CareEdge Ratings has raised key considerations around the Ministry of Road Transport and Highways’ (MoRTH) newly announced fixed-fee toll pass for private passenger vehicles (PPVs). Priced at ₹3,000 and valid for up to 200 trips annually, the toll pass will be implemented from August 15, 2025, and is expected to lower user costs but pressure… Continue reading CareEdge Warns of Revenue Impact from MoRTH’s ₹3,000 Toll Pass for Private Cars
Adani Total Gas and Jio-bp Join Hands to Strengthen Fuel Retail Network in India
Adani Total Gas Limited (ATGL) and Jio-bp have announced a strategic partnership to enhance fuel offerings and improve customer experience at their fuel retail outlets. As part of the agreement, ATGL will offer Jio-bp’s high-performance liquid fuels (petrol and diesel) at select stations, while Jio-bp will integrate ATGL’s CNG dispensing units at its fuel outlets… Continue reading Adani Total Gas and Jio-bp Join Hands to Strengthen Fuel Retail Network in India