The Indian automobile sector delivered below-expected sales in February 2025, said LKP Research. According to LKP’s analysis, while SUVs, tractors, and exports showed strong year-over-year growth, other segments like commercial vehicles (CVs) continued to face pressure. The research note emphasized that rural sales remained buoyant, supported by positive cash flow from the Kharif harvest and favorable… Continue reading Auto Sector Underperforms in February, Recovery Expected: LKP Research
Category: US Motoring Press
GaragePlug Acquires AI Platform Freshreview
GaragePlug, an automotive service digitalization company, has acquired Freshreview, an AI-based reputation and review management platform, for an undisclosed amount. The acquisition was announced on March 3, 2025, in Bangalore. The deal integrates Freshreview’s AI-powered review management capabilities into GaragePlug’s Connected Operations Platform, allowing automotive service centers to manage operations, marketing, and reputation in one… Continue reading GaragePlug Acquires AI Platform Freshreview
Autocar Professional’s Mar 1, 2025 Edition is out!
Traditionally reliant on organic growth, Indian automotive suppliers are now aggressively scaling up, adopting new technologies, and expanding globally to remain competitive in a rapidly evolving market. This edition brings you the full picture. Leading players like Anand Group, Minda Corp, and Lumax Autotech are embracing M&A as a strategic necessity rather than an option.… Continue reading Autocar Professional’s Mar 1, 2025 Edition is out!
ASK Automotive Signs Agreement with Japanese Firm for Two-Wheeler Alloy Wheels
ASK Automotive Ltd has entered into a Technical Assistance and License Agreement with Japan’s Kyushu Yanagawa Seiki Co., Ltd. (KYSK) for the production of high-pressure die-cast alloy wheels for two-wheelers, the company announced today in a stock exchange filing. The agreement will allow ASK Automotive to manufacture alloy wheels using KYSK’s technical know-how and expertise… Continue reading ASK Automotive Signs Agreement with Japanese Firm for Two-Wheeler Alloy Wheels
Nissan Magnite Achieves Export Milestone, Completes E20 Compatibility Across Models
Nissan Motor India announced today that its Magnite SUV has reached 50,000 export units since launch while also achieving complete E20 fuel compatibility across all powertrain options. The company reported consolidated wholesale dispatches of 8,567 units in February 2025, with exports accounting for 6,239 units, representing a 97 percent year-on-year growth compared to February 2024.… Continue reading Nissan Magnite Achieves Export Milestone, Completes E20 Compatibility Across Models
India’s EV Boom Needs Intelligence, Not Just Electricity
EVs are often seen as a greener alternative to fossil fuel-powered vehicles, but their true potential lies beyond just being electric. Smart, AI-driven EVs can transform urban mobility, optimizing energy use, reducing congestion, and improving user experience. Yet, India has lagged in integrating intelligence into its EV ecosystem. What will it take to change that?… Continue reading India’s EV Boom Needs Intelligence, Not Just Electricity
Nissan Reportedly Reassessing Potential Investment from Honda – Nikkei Business
Nikkei Business reports that Nissan is reconsidering accepting investment from Honda after their joint holding company talks collapsed. The automaker is also exploring a possible four-company collaboration involving Honda, Hon Hai Precision Industry, and Mitsubishi Motors According to a report by Nikkei Business, Nissan is reconsidering accepting an investment from Honda following the breakdown of negotiations… Continue reading Nissan Reportedly Reassessing Potential Investment from Honda – Nikkei Business
Hyundai Motor India Introduces New Variants and Feature Updates for Creta
Hyundai Motor India Limited (HMIL) has introduced new variants and feature upgrades for the Hyundai Creta. The mid-size SUV has reached over 1.2 million customers in India. The new SX Premium and EX (O) variants introduce additional features. The SX Premium variant includes front-row ventilated seats, an 8-way power-adjustable driver seat, a Bose premium 8-speaker… Continue reading Hyundai Motor India Introduces New Variants and Feature Updates for Creta
Ola Electric Implements Job Cuts Amid Cost Reduction Efforts – Report
According to a report by Bloomberg, Ola Electric Mobility is laying off over 1,000 employees and contract workers as part of efforts to control increasing losses. The job cuts span multiple departments, including procurement, fulfilment, customer relations, and charging infrastructure. The report highlights that this is the second round of layoffs in under five… Continue reading Ola Electric Implements Job Cuts Amid Cost Reduction Efforts – Report
Magma General Insurance Partners with Hyundai India Insurance Broking for Motor Coverage
Magma General Insurance Limited has formed a strategic partnership with Hyundai India Insurance Broking Private Limited (HIIB) to offer motor insurance products across more than 600 dealerships in India, the companies announced Monday. The agreement will allow HIIB to distribute Magma’s insurance solutions for both private and commercial passenger vehicles. Customers will gain access to… Continue reading Magma General Insurance Partners with Hyundai India Insurance Broking for Motor Coverage