Top Indian Automobile Industry News & Updates - 12 July 2023,Wednesday
🏢 Industry
📝 Prices of SUVs and MPVs to go up 2% following the GST cess increase
📝 Domestic automobile industry likely to log 17% revenue growth in June qtr
📝 Foxconn to apply for India chipmaking incentives after $19.5 billion joint venture pullout
📝 After junking Vedanta, Foxconn plans to apply separately for chip manufacturing unit in India
📝 Tata Motors beats Kia Corporation to become the 16th most valued automaker
📝 Promising signs of growth for Electric Vehicles in India
📝 Vehicles ferrying students sans safety norms penalized in Nagpur
📝 Coimbatore students develop electric vehicle to transport farm loads
📝 Andhra Pradesh CM inaugurates Centre of Excellence for electric vehicles skills and training
📝 Apollo Tyres, Samvardhana Motherson among BSE Auto index stocks which hit new 52-week highs
📝 Bajaj Auto to partner with top universities, engineering colleges to set up training centres
📝 EVs on a brake: Manufacturers, govt are arguing over new PLI schemes
📝 Auto sector top stock picks: OEMs to beat ancillaries; brokerage says buy Maruti, TVS, UNO Minda, others
📝 Top five upcoming car launches by the end of 2023: Honda Elevate to BYD Seal
📝 Tweaked definition of SUV will provide clarity on tax structure: Industry
📝 Auto sector sees K-shaped recovery post-pandemic
📝 The big trends from June auto sales data, in charts
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🎤 Interviews & Features
📝 New Hyundai Exter: Variants and features explained
📝 Maruti Suzuki Invicto review: Innova Doppelganger
📝 Hyundai Exter Vs Tata Punch: Specs, Features, Prices compared
📝 Hyundai Exter vs Tata Punch, Maruti Ignis, Citroen C3: Price comparison
📝 Constructing Contemporary Vehicles: Global Design Ethics and Increasingly Design-Literate Indian Consumers
📝 Semiconducting Future
📝 Foxconn issues list of FAQs on why it parted ways with Vedanta and its future plans for India
📝 ‘India, UK to target semiconductors, AI in new advanced tech pact’, UK science minister George Freeman
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🚗 Cars / SUVs
📝 A sporty SUV with spacious interiors and advanced features launched in the capital
📝 Get priority delivery of new Kia Seltos: Here’s how to generate K-Code
📝 Hyundai Exter deliveries start today. Why this small SUV may be a firecracker
📝 Maruti Suzuki becomes number one player in ₹10 lakh to ₹20 lakh vehicle category
📝 Maruti’s rise as an SUV, MPV maker has a hidden message for its balance sheet. (Think affordability)
📝 Maruti Suzuki Invicto MPV drive review: It takes a worthy twin to challenge Innova
📝 India will emerge the third largest market for Renault India by 2030: CEO
📝 Mahindra Thar cousin was first micro SUV in India, now faces competition from Hyundai Exter
📝 Toyota Rumion, Ertiga-based MPV to be launched in India by September
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Electric-Cars / SUVs
📝 Hyundai delivers 500 Ioniq 5 electric SUVs in India in 5 months since launch
📝 Next-gen: EV cars made from scratch
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🚗 Luxury Cars
📝 Mercedes-Benz H1 sales up 13% to 8528 units; Q2 sales increase 8% to 3831 units
📝 One out of 4 Mercedes-Benz cars sold in India in H1 2023 priced above Rs 1.5 cr
📝 Mercedes-Benz registers best-ever H1 sales at 8,528 units in FY2023
📝 BMW i7 M70 xDrive likely to launch soon: Expected price, specs, features
📝 ... bets big on offering personal service to 9,000 top-end car owners
📝 Luxury car sales clock new record in Jan-Jun
📝 Sale of luxury vehicles sees 38% jump YoY in June, much ahead of overall automobile sales growth
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⛟ Commercial Vehicles
📝 Air condition mandate for truck cabins likely from January 1, 2025
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🏍 2/3 Wheelers
📝 Norton Combat trademarked in India: Royal Enfield rival from TVS?
📝 Royal Enfield Continental GT Cup 3rd Season dates announced
📝 21st International Jawa-Yezdi Day: Over 10,000 participate to celebrate two-strokes of the yesteryear
📝 Yezdi Adventure features in Shah Rukh Khan starrer Jawan prevue. Check it out
📝 Royal Enfield to launch 3 products in 350-450cc segment within a year
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🚲 Electric 2/3 Wheelers
📝 Greaves’ Ampere electric scooter sales exceed 2 lakh units in India
📝 ‘Why cos fall head over heals on aging motorcycle brands: Ola's Bhavish Aggarwal takes a dig at Bajaj, Hero
📝 Ather 450S instrument panel revealed, misses out on touchscreen
📝 Upcoming Ather 450S e-scooter to get a new colour LCD console, no touch capability
📝 Ampere e-scooter registers 2 lakh sales milestone
📝 Electric 2-wheelers are winning customers with tech features
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⚙ Components
📝 Schaeffler India appoints Hardevi Vazirani as Director Finance and Chief Financial Officer
📝 Kinetic Engineering to raise INR 54 cr to expand, cut debt and invest in EV arm
📝 Spark Minda bags INR 750-cr battery charger order from leading OEM
📝 Elgi Equipments revises FY26 revenue target upwards based on FY23 show
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🌇 Allied Industries
📝 Evolution of automotive digital technology from visualization to retail
📝 India's steel output grows 8.37 pc to 33.63 MT in Apr-Jun; upward trend to continue: SteelMint
📝 ParkMate expands its presence in Delhi NCR
📝 VehicleCare gets undisclosed Pre-Series A funding led by JITO Angel Network
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🌢 Fuels, Lubricants & Charging Stations
📝 Oil prices steady as traders weigh supply cuts against economic headwinds
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💸 Finance & Insurance
📝 Bajaj Auto applies for NBFC licence to set up wholly-owned subsidiary
📝 Motor Vehicle Insurance: Fortify with add-ons this monsoon
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📖 Magazines News
📝 Maruti Suzuki Invicto review: The Rs 30 lakh Maruti
📝 Maruti Invicto waiting period crosses 2 months
📝 “We are extensively testing ADAS in India”: Maruti Suzuki CTO
📝 Exter ‘will have a good NCAP rating’: Hyundai COO Tarun Garg
📝 Mercedes-Benz India records highest half-yearly sales in 2023
📝 Oben Rorr deliveries commence in India
📝 Upcoming Honda scooter’s digital display revealed
📝 Is TVS working on an RE rival under the Norton name?
📝 Ather 450S launch on August 3, display revealed
📝 Branded Content: Ready for the rain
📝 Hyundai Exter price, variants explained
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📰 International News
📝 Mahle wins series order for hydrogen engine parts from Deutz
📝 Ferrari unveils KC23, Maranello’s One-Off series based on 488 GT3 EVO 2020
📝 Texas defers decision on EV charging funds amid industry pushback on Tesla plugs
📝 Faraday Future interim CFO resigns, firm to restate certain financial reports
📝 Daimler Truck sees revenue growing as it focuses on autonomous vehicles
📝 China escalates chip war with new curbs against US
📝 Milltek Sport makes enhanced exhaust system for BMW’s new M2 Coupé
📝 Toyota targets Europe, China in hydrogen sales pivot
📝 Owners of 2003 Ram pickups urged to stop driving them after another Takata air bag inflator death
📝 EV charger maker Tritium wins order from Hawaii under federal funding program
📝 US probes complaints that Ford Escape doors can open while SUVs are being driven
📝 Iraq, TotalEnergies sign agreement for delayed USD 10 bn deal
📝 BP settles US natgas market manipulation case for USD 10.75 million
📝 China gallium curbs raise chip questions for future EV models
📝 Drive while you are standing. Ford is planning something like that with Bronco SUV.
📝 Bull investor sees little profit from Tesla’s charging deals
📝 Big character over big bucks: Rolls-Royce to screen buyers for its Spectre EV
📝 Volkswagen faces fresh investor doubts on independence of planned Xinjiang audit
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