Top Indian Automobile Industry News & Updates - 08 July 2023,Saturday

🏢 Industry

📝  Tata Motors Group global wholesales at 3,22,159 units in Q1 FY24
📝  Vedanta takes full ownership of semiconductor JV with Foxconn
📝  Tata Motors stock hits 8-year high
📝  EV makers body turns dormant, appoints BJP's Sanjay Kaul as chief evangelist to revive agenda
📝  Steering safety smartly: ADAS is all about Sense, Plan, and Act for safe mobility
📝  Gujarat sees dip in vehicle sales in June
📝  Govt likely to come out with a mandate on green hydrogen usage: MNRE secretary
📝  Karnataka may end 100% road tax exemption for electric vehicles, announcement likely in state budget
📝  Centre to develop carbon markets for green sectors
📝  Government issues draft notification to mandate air-conditioning for truck cabins
📝  Centre looking to extend FAME II
📝  Centre calls alleged FAME scheme defaulters for hearing from July 13
📝  Yokohama India eyes 5th position in car radial tyres market with planned capacity expansion
📝   India aims to produce 5 million tonne green hydrogen by 2030, 70% for exports: MNRE secretary
Read More >>

🎤 Interviews & Features

📝  Looking at production capacity of 40 lakhs by 2030-31: Shashank Srivastava, Maruti Suzuki
📝  Premium bikes segment to become meaningful part of two-wheeler market: Rahul Singh
📝  Motor Cycle Review: Harley-Davidson X 440, Harley has found its Hero
📝  Long-Term Review: Royal Enfield Hunter: Old school but so cool
Read More >>

🚗 Cars / SUVs

📝  Toyota Fortuner, Innova Hycross and Glanza get a price hike. Check new prices
📝   Isuzu Motors India unveils I-Care Monsoon Service camp for D-Max Pickups and SUVs. Check details
📝   India’s fortunes are tightly intertwined with Maruti’s
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🚗 Luxury Cars

📝  Tata Motors Q1 update: JLR wholesales rise 30% YoY to 93,253 units
📝  Audi to launch electric SUV Q8 e-tron in India in August
📝  JLR sees uptick in sales in Q1 FY24
Read More >>

⛟ Commercial Vehicles

📝  AC cabin rule should be followed by crash test norms for CVs: Daimler India CV
📝  Deepshikha Malik joins VE Commercial Vehicles as Head HR of CORe Business
📝  Mahindra Bolero MaXX Pik-Up enters Asia and India Book of Records
📝  Olectra Greentech zooms 15%, hits all-time high on Rs 10,000-cr order win
📝  Hydrogen fuel-cell buses likely to be tested in Delhi later this year
📝  EKA Mobility bags order for 57 electric buses from MBMC
Read More >>

🏍 2/3 Wheelers

📝  Honda teases exhaust note of new scooter, could be Dio 125
📝  Will Royal Enfield hold its ground against Triumph? A closer look at the rivalry
📝  Harley-Davidson X440 vs Triumph Speed 400 comparison – Hero or Bajaj?
📝  HeroMoto aims to flood the market with premium bikes
📝  Triumph Speed 400 launched in India: 5 things you should know
📝  Harley-Davidson X440: Differences between variants explained
📝  Bajaj Auto expects gradual increase in exports by 2023 end
📝  Can Harley Davidson X440 and Triumph Speed 400 end Royal Enfield's dominance in premium category?
📝  A baby Harley or a big Hero?
📝  Triumph Speed 400, Scrambler 400X: Accessories explained
Read More >>

🚲 Electric 2/3 Wheelers

📝  This year, it could be a million e-bikes fame
📝  EV two-wheeler sales dip 56% in June on FAME-II subsidy cut: Fada
Read More >>

⚙ Components

📝  Sona Comstar crosses 5 mln production mark for differential assemblies
📝  Motherson acquires Rollon Hydraulics to boost machining business in India
📝  Talbros Automotive Components secures multi-year orders worth ₹400 crores, including significant EV orders
Read More >>

🌇 Allied Industries

📝  Increasing role of lightweighting in building vehicles of tomorrow
📝  Sodium-ion battery tech -- a viable alternative for India?
📝  Natural rubber production up 8.3% in FY23; consumption gains over 9%
Read More >>

🌢 Fuels, Lubricants & Charging Stations

📝  IOC board approves rights issue to raise up to ₹22,000 crore
📝  Oil prices steady as rate hike fears offset signs of tightening supply
📝  India's HPCL aims to run Vizag refinery at expanded capacity from early 2024
📝  CNG to be available at 20 more fuel stns in Patna
📝  Battery Smart gets Rs 273 crore in pre-series B
📝  E20 fuel outlets will have pan-India presence by 2025, assures oil minister Hardeep Singh Puri
Read More >>

💸 Finance & Insurance

📝  Settlement of motor vehicle accident claims to become more complex after Supreme Court order
📝  Lectrix EV launches instant loan eligibility pre-booking tool with IDFC FirstBank
📝  Rupyy enters EV financing business, targets 10% market share
📝  How to choose right insurance for your car: Points to consider
Read More >>

📖 Magazines News

📝  Lamborghini pure combustion engine models sold out: reports
📝  Next-gen Toyota Land Cruiser Prado teased ahead of debut
📝  Toyota Rumion MPV India launch by September
📝  New Royal Enfield Scram 440 in the works
📝  Honda teases new scooter, could be Dio 125
📝  How Tata saved its 1.5 diesel without spending a fortune
Read More >>

📰 International News

📝  Tesla starts to lay off some battery workers at China plant
📝  Tesla wants EPA to finalize tougher vehicle emissions rules
📝  Tesla rolls out global customer referral program as EV price war heats up
📝  Grand Canyon gets USD 27.5 million federal grant for greener shuttle buses
📝  French court won't consider bid to halt TotalEnergies new oil and gas plans
📝  Continental to phase out activities at Gifhorn plant by end of 2027
📝  Malaysia PM Anwar to meet Elon Musk to discuss investments
📝  Latin America falling short in its lithium potential: UN agency
📝  Dubai transport authority picks Rothschild & Co for asset review
📝  Stellantis partners NioCorp Developments for potential offtake of rare earth minerals
📝  Helix develops 650 kW e-motor for hypercar motor project
📝  2024 Mercedes-Benz CLE unveiled officially, will replace C-Class Coupe
📝  Volkswagen to launch self-driving vehicles in Texas by 2026
📝  Volkswagen plans self-driving vehicles in Texas by 2026
📝  UAW wants EPA to soften vehicle emissions plan
Read More >>


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