Top Indian Automobile Industry News & Updates - 04 July 2023,Tuesday
🏢 Industry
📝 Tata Motors to increase prices across PV range by about 0.6% from July 17, 2023
📝 How evolving trends redefine future of auto industry in India
📝 Mahindra Auto sells 32,585 SUVs with a 22% growth, and overall, 62,429 vehicles with a 15% growth in June 2023
📝 Tummoc partners with Rapido for first and last mile connectivity
📝 TI Clean Mobility picks 50% stake in Jayem Auto for ₹206 cr; to enter electric small truck segment
📝 Microchip to invest $300 m in India on expansion
📝 India's June passenger vehicle sales rise with new launches
📝 Tata group hints at UK battery plant plans as it posts job ads
📝 UK trade minister Huddleston to announce India-UK project to manufacture e-vehicles
📝 Upcoming Cars in India in July 2023: Maruti Invicto to Hyundai Exter
📝 Mahindra Group revises remuneration for MD & CEO, Anish Shah and Executive Director Rajesh Jejurikar
📝 Murugappa Group posts strong double-digit growth in revenue and PAT in FY23
📝 PVs make up just 16% of the Indian auto sector in volume, but 58% in value
📝 Anand Mahindra says he owes his career to Scorpio, would have been 'fired' if...
📝 The PLI scheme is beginning to make India a manufacturing powerhouse
📝 Auto Wholesales in June 2023: Demand for new launches aid PVs, sustenance in 2Ws yet to be seen
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🎤 Interviews & Features
📝 India-bound 2024 Hyundai Creta spotted for the first time: Design, Features, Specs
📝 JV with Harley-Davidson will elevate premiumisation strategy for Hero: Pawan Munjal
📝 ‘We’ll do all it takes to win the mid-size bike segment’: Jochen Zeitz, president & CEO of Harley-Davidson; and Pawan Munjal, Executive Chairman, Hero MotoCorp
📝 Infy a preferred bet in IT; Tata Motors, Ashok Leyland top auto picks: Rahul Shah
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🚗 Cars / SUVs
📝 Skoda Kushaq Matte edition launched at INR 16.19 lakh, limited to 500 units
📝 Mahindra sells 1 lakh XUV700 SUVs in 20 months
📝 Volkswagen Virtus GT DSG launched in India at Rs 16.19 lakh
📝 Honda opens bookings for SUV Elevate, sale likely in September. Here are details
📝 Kia Seltos facelift to launch tomorrow: Price expectations, features, engine and all you need to know
📝 Honda opens booking for Elevate SUV, rival to Hyundai Creta and Kia Seltos; will launch in September
📝 Maruti Suzuki production declines 5% YoY in June 2023, SUV production up
📝 Maruti Suzuki Invicto MPV to feature a large panoramic sunroof, confirms new teaser
📝 Maruti Suzuki records marginal production dip in June 2023; Electronic component shortage minimally affects output
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🚗 Luxury Cars
📝 Audi India H1 2023 sales grow 97% to 3,474 units
📝 95% current sales from ICE, Mercedes to go all electric in 7 yrs
📝 New BMW X3 to debut in 2024 with a PHEV powertrain. Know more
📝 2023 Mercedes-Benz CLE Coupe teased ahead of July 5 debut. Will it come to India?
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⛟ Commercial Vehicles
📝 Eicher delivers first batch of Intercity 13.5m AC sleeper buses to Vijayanand Travels
📝 VE Commercial Vehicles June 2023 sales up 6.5% to 6715 units
📝 Tresa Motors launches its first commercial EV, Model V0.1
📝 Ashok Leyland June sales up 5% at 15,221 units
📝 Urban Sphere and Tecchren join to deploy e-buses in the Philippines
📝 NMPML likely to float fresh bid for 50 e-buses
📝 Ashok Leyland seeks shareholder approval to finance Switch Mobility with INR 4,000-5,000 cr: Report
📝 Experts want sleeper buses banned on expressways
📝 First batch of e-buses rolled out in Kargil
📝 BS6 2 pre-buying effect: Ashok Leyland posts a marginal rise in June truck sales
📝 CV sales flat in June and entire Q1; interest rates, inflation key headwinds
📝 Ashok Leyland shares gain 4% as June sales rise 5% YoY
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🏗 Construction & Agri Machinery
📝 Sonalika sells 40,700 tractors in Q1 FY24
📝 M&M tractor sales up 6 pc in June at 44,478 units
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🏍 2/3 Wheelers
📝 Suzuki Motorcycle India registers 80,737 unit sales in June 2023
📝 Harley-Davidson & Hero Motocorp-developed X440 debuts in India at starting price of INR 2.29 lakh
📝 TVS Motor Company June 2023 2W domestic sales grow 22% to 235,833 units
📝 Harley-Davidson X440 India launched in India. All the highlights
📝 Bajaj Auto reports 2% decline in total June sales to 340,981 units
📝 Honda Motorcycle & Scooter India closes June’23 with total sales of 3,24,093 units
📝 Suzuki Hayabusa 25th anniversary edition unveiled
📝 TVS Apache RTR 310 spied testing – Here’s what we know
📝 Harley Davidson to have a key role in Hero MotoCorp's premium play: Pawan Munjal
📝 Triumph Scrambler 400X vs Royal Enfield Himalayan comparison: Best Brit for the buck
📝 Hero MotoCorp bets on Harley partnership, record product launches to strengthen premium segment
📝 Hero MotoCorp reports sales of 4.36 lakh units in June
📝 Harley-Davidson X440 unveil today: Most affordable Harley to take on Royal Enfield
📝 Two-wheeler sales in the slow lane
📝 Harley 2.0: Not just Make in India, but Make With Indians: Global CEO Zeitz
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🚲 Electric 2/3 Wheelers
📝 Chetak EV domestic sales grow over 4-fold in FY23: Bajaj Auto
📝 Ather Energy sells 6,479 e-scooters in June 2023: Sales decline by 57.5% MoM
📝 Kinetic Green’s Sulajja Motwani receives IMC Women of the Year Award
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🌇 Allied Industries
📝 Indian tyre Industry revenue to soar to USD 22 bn by fiscal 2032: ATMA report
📝 Battery swapping policy stalls as cos oppose standardisation
📝 Exports, EV segment to boost sales volume: MRF
📝 MRF bets on exports and Electric Vehicle space for growth
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🌢 Fuels, Lubricants & Charging Stations
📝 India's Russian oil imports climb to new peak as limit nears
📝 EV charging station with 4 machines at Kolkata airport this month, to charge 30 vehicles in 24 hours
📝 Torrent Gas starts blending green hydrogen for CGD network
📝 India refiners start yuan payments for Russian oil imports: Sources
📝 Oil companies to wait and watch fuel prices as OPEC+ extends output cut
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🌍 Emissions/Environment
📝 Bengaluru college looks to make green hydrogen from seawater
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💸 Finance & Insurance
📝 How will insurance play a role in the adoption of EVs in India?
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📖 Magazines News
📝 Mahindra delivers 1 lakh XUV700 SUVs in 20 months
📝 TVS Apache RR 310-based naked bike spied for the first time
📝 Honda Elevate: variant-wise expected features
📝 VW Virtus 1.5 TSI gets new entry-level GT trim for Rs 16.20 lakh
📝 Honda Elevate launch in September, bookings open
📝 Skoda Kushaq Matte edition launched at Rs 16.19 lakh
📝 Harley-Davidson X440 launched at Rs 2.29 lakh
📝 Suzuki Hayabusa 25th anniversary edition revealed
📝 Royal Enfield 650cc scrambler seen with new accessories
📝 Oben Rorr price hiked by Rs 50,000; now gets reduced range
📝 Mercedes-AMG SL 55 review: Open air theatre
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📰 International News
📝 Panasonic needs four more EV battery plants, executive says
📝 UK demands better deal for drivers in road fuel market
📝 Saudi Arabia, Russia deepen oil cuts, sending prices higher
📝 South Korea's POSCO plans USD 93 bn of investment by 2030
📝 Nasdaq futures rise before holiday as Tesla rallies
📝 3 new China-based Tesla rivals see sales surge as BYD leads
📝 Energy giants Total, Shell accused over Russian gas trade
📝 Tesla and BYD record over 11 lakh EV sales in Q2
📝 Tesla is global EV leader but who is on 2nd spot? Hint, it isn't who you think
📝 Sensex ends above historic 65,000 mark; Nifty settles at record 19,322
📝 Tesla made close to 4,80,000 EVs and delivered 4,66,000 units in Q2 2023
📝 Tesla Gears Up for Battle With Gasoline Cars
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