Leading two-wheeler manufacturer, TVS Motor Company Limited announced today that its wholly-owned subsidiary, TVS Motor (Singapore) Pte Ltd. (TVSM Singapore), has divested its stake in ION Mobility Pte. Ltd., a Singapore-based associate company. The transaction, completed today, involved TVSM Singapore exchanging its equity in ION Mobility for identified assets from the company, with a net… Continue reading TVS Motor Company Divests Stake in ION Mobility, Acquires Assets for USD 1.75 Million
Author: Autocar_Professional India Online News
Transforming Logistics With High-Strength Stainless Steel: A Sustainable Revolution in Container Fabrication
The logistics industry is at the forefront of a global transformation, driven by the growing demand for efficiency, durability, and sustainability. As traditional practices and materials are being reimagined, high-strength stainless steel is emerging as a revolutionary solution in container fabrication. Its superior performance, long-term cost advantages, and eco-friendly attributes are setting new benchmarks for… Continue reading Transforming Logistics With High-Strength Stainless Steel: A Sustainable Revolution in Container Fabrication
Nissan Records Annual Sales at Over 99,000 Units, Highest Since FY17-18
Nissan Motor India Pvt. Ltd. reported consolidated sales of over 99,000 units, the highest single-year performance since FY 2017-18. This figure reflects a 35% year-on-year growth, attributed to strong domestic and export sales of the New Nissan Magnite B-SUV. Domestic sales reached over 28,000 units, while exports hit a record 71,000+ units, expanding from 20… Continue reading Nissan Records Annual Sales at Over 99,000 Units, Highest Since FY17-18
Breaking: Renault to Buy Out Nissan from Indian Manufacturing JV
Renault Group will take full control of the Indian manufacturing operations under its joint venture with Japanese automaker Nissan, even as both companies will continue to serve the market under their respective brand names going forward. Renault will acquire the 51% stake in the manufacturing operations currently held by Nissan. Nissan will continue to use the… Continue reading Breaking: Renault to Buy Out Nissan from Indian Manufacturing JV
PV Sales Hit Record in FY25, But Growth Slows
The Indian passenger vehicle market is set to reach a new high of 4.33 million units in the fiscal year 2025. However, growth momentum is slowing, with the growth rate dropping to the low single digits—the lowest in four years—due to rising inventory levels and increasing discounts. Automakers are grappling with an aging product lineup… Continue reading PV Sales Hit Record in FY25, But Growth Slows
PNGRB’s Proposed New Pipiline Tariffs Could Cut CNG Price
In a significant development for India’s energy sector, the Petroleum and Natural Gas Regulatory Board (PNGRB), the country’s oil and gas regulator, has unveiled a new proposed policy for determining tariffs on natural gas pipelines. Announced today, this initiative aims to reduce the cost of piped natural gas (PNG) for domestic households and compressed natural… Continue reading PNGRB’s Proposed New Pipiline Tariffs Could Cut CNG Price
Hybrids Are An Essential Part of Electrification Journey, Say Experts
Despite the push towards full electrification, India’s automobile market currently reflects a similar adoption of both EVs and hybrid vehicles. While electric vehicles (EVs) have a wider range of models available, their market share stands at only 2.5%, even as hybrid technology is gaining traction as a practical alternative to EVs in India. At Autocar… Continue reading Hybrids Are An Essential Part of Electrification Journey, Say Experts
Honda Hosts Third Annual Half Marathon in Support of Road Safety Initiative
Honda Motorcycle & Scooter India (HMSI) successfully concluded the third edition of its Honda Manesar Half Marathon on Monday, drawing more than 6,000 participants to the event focused on promoting road safety awareness. The marathon, which took place at HMSI’s Global Resource Factory in IMT Manesar, Gurugram, featured three categories: a 21.1 km half marathon,… Continue reading Honda Hosts Third Annual Half Marathon in Support of Road Safety Initiative
Replus to Expand Battery Manufacturing Capacity from 1GWh to 6GWh
Replus, a battery manufacturing company under the LNJ Bhilwara Group, announced plans to expand its current production facility from 1GWh to 6GWh within the next year. The announcement came from the company’s headquarters in Pune today. The expansion will incorporate automation, artificial intelligence, and data-driven manufacturing processes. The facility will adopt a technology-agnostic approach to… Continue reading Replus to Expand Battery Manufacturing Capacity from 1GWh to 6GWh
Maharashtra registers retail sales of 2,602 EVs and 10,900 vehicles on Gudi Padwa
Gudi Padwa, one of the most significant festivals of Maharashtra and the day that heralds the arrival of spring as well as the Marathi new year for the state, traditionally sees new purchases being made which includes vehicles as well as real estate, among other acquisitions. Gudi Padwa 2025, which was celebrated on March 30,… Continue reading Maharashtra registers retail sales of 2,602 EVs and 10,900 vehicles on Gudi Padwa