India, the world’s third-largest car market, is looking at yet another year of sluggish growth in its passenger vehicle market as major carmakers are now forecasting another year of low single-digit volume growth for financial year 2025-2026, following a similar performance in this financial year. The persistent weakness in small car sales due to the affordability… Continue reading SIAM Looking Ahead Conclave sees PV sales growing 1-4% in FY26
Author: Autocar_Professional India Online News
TATA.ev Hits 200,000 Vehicle Milestone, Launches Limited-Time Upgrade Benefits
TATA.ev has achieved a milestone of 200,000 electric vehicles on Indian roads and is offering limited-time benefits for a 45-day period. These incentives aim to encourage new customers to adopt electric mobility and provide current Tata Motors vehicle owners with opportunities to upgrade to electric vehicles. TATA.ev’s 200,000 customers have collectively driven more than 5… Continue reading TATA.ev Hits 200,000 Vehicle Milestone, Launches Limited-Time Upgrade Benefits
‘We aim to register 8-10% growth in CY2025’: Balbir Singh Dhillon
After facing several challenges last year, German luxury car maker Audi is set to register strong performance in CY2025 in the Indian market. The company aims to grow in the range of 8-10% this year, and is betting big on the rising demand for luxury cars in the country, which saw the luxury car market grow… Continue reading ‘We aim to register 8-10% growth in CY2025’: Balbir Singh Dhillon
Ola Electric Warns of Temporary Dip in Vahan Portal Registrations
Ola Electric Mobility Limited announced today that its vehicle registration numbers on the VAHAN portal will temporarily decrease during February 2025. The company attributes this expected dip to ongoing renegotiations with its registration agencies. In a regulatory filing to the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), the electric vehicle manufacturer stated it… Continue reading Ola Electric Warns of Temporary Dip in Vahan Portal Registrations
Mahindra Expands Technical Training Capacity with New Kolkata Facility
Mahindra has inaugurated a 12,000-square-foot training facility in Kolkata’s New Town automotive hub, enhancing its service capabilities across East and North-East India. The Mahindra Institute of Learning Excellence (MILE) facility, opened February 19, will train channel partners, international distributors, and fleet owners on vehicle maintenance and repair. The center can accommodate over 100 participants simultaneously… Continue reading Mahindra Expands Technical Training Capacity with New Kolkata Facility
JBM Ecolife Mobility Receives Rs 5,500 crore for 1,021 Electric Buses Under PM e-Bus Sewa Scheme-2
JBM Ecolife Mobility Pvt Ltd., a subsidiary of JBM Auto Limited, has received an order for 1021 electric buses under the Government of India’s PM e-Bus Sewa Scheme-2 initiative. The order is valued at approximately Rs 5,500 crore, the company said. The buses will be deployed in 19 cities across Gujarat, Maharashtra and Haryana. With… Continue reading JBM Ecolife Mobility Receives Rs 5,500 crore for 1,021 Electric Buses Under PM e-Bus Sewa Scheme-2
Sundaram-Clayton to Sell Aluminium Die-Casting Operations at Hosur Plant
Sundaram-Clayton Ltd, a leading automotive components manufacturer, announced today that its Board of Directors has approved the sale of its aluminium die-casting businesses at the Hosur plant to third-party purchasers. The decision was made during a board meeting held on February 19. According to the company’s disclosure to stock exchanges, both high-pressure and low-pressure aluminium… Continue reading Sundaram-Clayton to Sell Aluminium Die-Casting Operations at Hosur Plant
Zypp Electric Plans 100,000 EV Fleet Expansion with Indofast Energy Partnership
Zypp Electric announced plans to deploy 100,000 electric two-wheelers over the next 12-18 months in partnership with Indofast Energy. The expansion builds upon their existing collaboration that has already put 10,000 electric vehicles on Indian roads. The fleet expansion will cover eight major Indian cities including Delhi NCR, Mumbai, Bengaluru, Hyderabad, Pune, Lucknow, and Jaipur.… Continue reading Zypp Electric Plans 100,000 EV Fleet Expansion with Indofast Energy Partnership
SKF India Appoints Nrithika Sridharan as Head of Strategy & Marketing
SKF India Limited announced the appointment of Nrithika Sridharan as Head of Strategy & Marketing to the company’s Senior Management Team, effective February 19, 2025. The appointment was approved by the Board of Directors through a circular resolution based on the recommendation of the Nomination and Remuneration Committee. Sridharan brings over 15 years of experience… Continue reading SKF India Appoints Nrithika Sridharan as Head of Strategy & Marketing
Firefox Bikes Appoints Ashwani Gautam as CEO
India’s premium bicycle brand, Firefox Bikes, has appointed Ashwani Gautam as its new Chief Executive Officer (CEO). Ashwani, with expertise in business transformation, P&L management, and go-to-market strategies, will lead Firefox’s expansion and innovation in the premium cycling segment. An alumnus of IIT BHU and IIM Ahmedabad, Ashwani has held key leadership roles across Consumer… Continue reading Firefox Bikes Appoints Ashwani Gautam as CEO