The Reserve Bank of India on Friday cut its benchmark repo rate by 50 basis points, marking the third consecutive reduction this year and bringing the total cut in 2025 to 100 basis points, as the central bank seeks to stimulate consumption in the face of softening inflation and subdued urban demand. The move is… Continue reading RBI Rate Cuts Aim to Spur Rural Consumption, Support Auto Sector Revival
Author: Autocar_Professional India Online News
Wardwizard Innovations Announces Resignations of Two Senior Management Personnel
Wardwizard Innovations & Mobility Limited announced the resignation of two senior management personnel on June 6, 2025. The company informed the BSE Limited through a regulatory filing that Sanjay Kumar Sablok, President – Operations, and Vilas Paturkar, Vice President – Factory Operations, submitted their resignations effective after business hours on the same day. The resignations… Continue reading Wardwizard Innovations Announces Resignations of Two Senior Management Personnel
Hyundai Acquires 26.13% Stake in FPEL TN Wind Farm with First Tranche Investment
Hyundai Motor India Ltd. has acquired a 26.13% stake in FPEL TN Wind Farm Private Limited following the release of ₹16.58 crore as the first tranche of its planned investment. The company received 23,62,638 equity shares via private placement, as per the filing made to stock exchanges on June 6, 2025. This investment is part… Continue reading Hyundai Acquires 26.13% Stake in FPEL TN Wind Farm with First Tranche Investment
Chartered Speed Deploys 10 Electric Buses in Arunachal Pradesh
Chartered Speed has deployed 10 electric buses in Arunachal Pradesh in collaboration with the Arunachal Pradesh State Transport Service (APSTS). The fleet, operating in Itanagar, Namsai, and Pasighat, was officially flagged off by Deputy Chief Minister Chowna Mein on June 5, 2025. The initiative aims to enhance connectivity while supporting the region’s transition toward sustainable… Continue reading Chartered Speed Deploys 10 Electric Buses in Arunachal Pradesh
EKA Mobility Deploys 10 Electric Garbage Tippers in Goa
EKA Mobility handed over 10 electric garbage tippers to the Sankhali Municipal Council (SMC) in Goa. The deployment, inaugurated by Chief Minister Dr. Pramod Sawant, is part of the state’s initiative to enhance sustainable urban waste management. The garbage tippers have a top speed of 80 km/h and a range of up to 180 km… Continue reading EKA Mobility Deploys 10 Electric Garbage Tippers in Goa
EKA Mobility Deploys 10 Electric Garbage Tippers in Goa
EKA Mobility handed over 10 electric garbage tippers to the Sankhali Municipal Council (SMC) in Goa. The deployment, inaugurated by Chief Minister Dr. Pramod Sawant, is part of the state’s initiative to enhance sustainable urban waste management. The garbage tippers have a top speed of 80 km/h and a range of up to 180 km… Continue reading EKA Mobility Deploys 10 Electric Garbage Tippers in Goa
‘We are committed to ICE, diversifying into EVs and powertrain-agnostic domains’: SPRL’s Krishnakumar Srinivasan
With a robust strategy of maintaining leadership in its core business while strengthening its EV and hybrid portfolio, and diversifying into domains such as plastic precision parts, Shriram Pistons & Rings is eyeing a 15% YoY growth in the coming years. The company also expects EV contribution to business hitting 30% by 2035. Leading Tier-1… Continue reading ‘We are committed to ICE, diversifying into EVs and powertrain-agnostic domains’: SPRL’s Krishnakumar Srinivasan
Maruti Suzuki Grand Vitara Crosses 3 Lakh Sales Mark in 32 Months
Maruti Suzuki India Limited (MSIL) has surpassed the 3 lakh sales mark for the Grand Vitara in just 32 months, reinforcing its position in the mid-size SUV segment. The achievement highlights the vehicle’s appeal, particularly with its Strong Hybrid and Suzuki ALLGRIP SELECT 4×4 powertrain options. Partho Banerjee, Senior Executive Officer, Marketing and Sales at… Continue reading Maruti Suzuki Grand Vitara Crosses 3 Lakh Sales Mark in 32 Months
MINI India Launches Limited Edition Countryman E John Cooper Works Pack at INR 62 Lakh
MINI India launched the Countryman E John Cooper Works Pack, a limited edition electric crossover with only 20 units available for sale exclusively through the MINI Online Shop. The vehicle, priced at Rs 62 lakh ex-showroom, combines electric powertrain technology with John Cooper Works performance styling and will begin deliveries on June 10, 2025. The… Continue reading MINI India Launches Limited Edition Countryman E John Cooper Works Pack at INR 62 Lakh
Tata Motors Introduces Air Conditioning Systems Across Entire Truck Range
Tata Motors has launched factory-fitted air conditioning systems across its complete truck portfolio, marking the first time such systems will be available on cowl models. The upgrade covers the company’s SFC, LPT, Ultra, Signa, and Prima cabin ranges. The air conditioning systems feature dual-mode operation with Eco and Heavy settings designed to provide cooling while… Continue reading Tata Motors Introduces Air Conditioning Systems Across Entire Truck Range