Top Indian Automobile Industry News & Updates - 13 July 2023,Thursday

🏢 Industry

📝  Vehicle sales in June 2023 grow by 3.2% as auto industry transitions to BSVI Phase 2 Emission Norms: SIAM
📝  Indian cabinet allows lithium's commercial mining to charge up EV ambitions
📝  FAME III in the works, may cover alternative fuel vehicles this time
📝  GM India gets conditional approval from Maharashtra govt for Talegaon plant closure
📝  Gujarat in talks with Foxconn for its semiconductor plant
📝  Vedanta to enter semiconductor market this year after Foxconn split
📝  Vedanta has lined up partners for semi-conductor biz, says Anil Agarwal
📝  Ensure helmet compliance or face contempt: HC to MP govt
📝  Born-electric enhances vehicle features, says MG Motor India's president
📝  Auto industry says tweaked definition of SUV will provide clarity on taxation structure
📝  Tesla looking to drive its supply chain to India
📝  Domestic sales of PVs, three-wheelers & two-wheelers up in June: SIAM
📝  Green technology and the future of the automotive industry
📝  Tesla plan: Make in India may get boost
📝  PV sales to grow upto 9% in FY2024, exports to remain tepid says CareEdge ratings
📝  GST hike on SUVs unlikely to put the brakes on auto sales
📝  Q1 auto sales stable, sharp jump in two-wheelers; SIAM says interest rate still a concern
📝  How India now defines SUVs. And what does this mean for how much you pay
📝  Automobile sector sees no major impact of GST Council’s recommendation on utility vehicles
📝  Auto stocks trade mixed as GST Council hikes cess on MUVs to 22%; Tata Motors tanks, Ashok Leyland soars 4%
📝  Utility vehicles expected to see price increase after 2 per cent rise in cess
📝  Panel’s recommendation on UVs will not have major impact on auto sector, say experts
📝  PVs sole auto biz to beat pre-covid sales
📝  How the Tata Motors stock hit the fast lane
📝  Just 10% of J&K lithium reserve can power all cars on Indian roads
📝  Confused over UV definition, car companies await govt notification on cess
📝  Passenger vehicle sales set H1 record of over 2 million
📝  Auto Inc to welcome festive season in high spirits, interest rate still bothers: SIAM
Read More >>

🎤 Interviews & Features

📝  EV retail is poised for growth but these challenges might be holding it back
📝  What is India’s Vehicle Scrappage Policy? All you need to know about the Voluntary Vehicle-Fleet Modernization Programme
📝  Maruti Suzuki Invicto – Variants and features explained
📝  How is LiDAR emerging as the future of Autonomous Vehicles?
📝  'We can live without FAME regime', says Ola CEO Bhavish Aggarwal
📝  Utility Vehicles to attract 22% compensation cess- Here are the criteria for MUVs and SUVs
📝  Hyundai Exter vs Tata Punch, Maruti Fronx: Price, features, specs and engines compared
📝  Three ways tech savvy thieves are stealing modern cars with GPS fencing and push button start/stop in India
📝  If OEMs refuse to return money, legal recourse will be taken: Kamran Rizvi
📝  Experience the outdoors like never before
Read More >>

🚗 Cars / SUVs

📝  Maruti Suzuki Launches Fronx CNG at INR 8,41,500
📝  Hyundai Exter receives over 10,000 pre-bookings: Deliveries begin
📝  Maruti Suzuki Fronx CNG launched, prices start at ₹8.41 lakh
📝  Indian car makers sell 1 out of every 4 passenger vehicles in the country
📝  Hyundai Exter vs Tata Punch: Which one should you choose
📝  Toyota Innova, Kia Carens to get price hike? GST Council adds 22% additional cess on large utility vehicles
📝  Maruti Suzuki Fronx CNG: Variant-wise features list with prices explained
📝  Innova Crysta, Alcazar, Hector Plus, Scorpio-N among vehicles set to attract 22%
Read More >>

Electric-Cars / SUVs

📝  MG Motor launches SUV, ZS EV, with ADAS priced at INR 27.89 lakh
📝  On track to achieve over 25 pc of total sales from EVs this fiscal: MG Motor India
📝  Tesla in talks to set up India factory for electric cars starting @ ₹20L
Read More >>

🚗 Luxury Cars

📝  Volvo Car India records 33% sales growth to 1089 units in H1 2023
📝  BMW X5 facelift India launch on July 14, teased on social media
📝  Luxury car sales up 38% YoY in June, more growth than overall vehicle sales
Read More >>

⛟ Commercial Vehicles

📝  Tamil Nadu plans commuter-friendly upgrades for SETC buses with lower berths and enhanced amenities
📝  CRUT to add 200 e-buses to its fleet by end of year
📝  Govt issues draft notification for mandating air-conditioning systems in trucks
Read More >>

🏍 2/3 Wheelers

📝  Suzuki Motorcycle India rolls out the 5 millionth Access 125 from Gurugram plant
📝  Triumph Roadster 250 and Scrambler 250 spotted on official website
📝  How to digitally transfer two-wheeler ownership: Step-by-step guide
Read More >>

🚲 Electric 2/3 Wheelers

📝  Electric 2-wheelers are winning customers with tech features
📝  Ola Electric CEO Bhavish Aggarwal takes a dig at Hero MotoCorp and Bajaj Auto again. Here's what he said
📝   Ather Energy set to launch 450S electric scooter, bringing affordable innovation with LCD instrument console: Report
Read More >>

⚙ Components

📝  Fortum Charge changes brand identity to GLIDA, adopts new logo
📝  Auto component makers stepping up investments in green mobility business
Read More >>

🌇 Allied Industries

📝  Domestic tyre demand to grow up to 8% in FY2024: ICRA
📝  Altigreen partners with Lohum for sustainable disposal and recycling of EV batteries
📝  Neuron Energy secures INR 20-cr funding led by Equanimity Investments, Rajiv Dadlani Group
📝  Tata Steel joins LeadIT to drive net-zero industry transformation
📝  Bajaj Auto signs MoU with Sastra to set up BEST centres
📝  HCLTech acquires German automotive engineering services provider ASAP for EUR 251 million
📝  Five key differences between EV-specific tyres and normal car tyres: Explained
📝  CarTrade Tech says it is acquiring entire India biz of classifieds platform OLX
Read More >>

🌢 Fuels, Lubricants & Charging Stations

📝  Oil steadies amid economic concerns, higher U.S. crude stocks
📝  Saudi output cuts help drive up one corner of global oil market
📝  Exchange Scrap for Fuel Points
📝  Glida plans to set up 3,000 EV charging points pan-India by March 2025
📝  Lower prices help RIL-BP, Nayara treble share in June diesel sales
Read More >>

💸 Finance & Insurance

📝  Vehicle loans outstanding rise 22% in May despite high interest rates
📝  World Bank, Asian Development Bank and SIDBI to fire up EV finance with a USD 1 billion fund
Read More >>

📖 Magazines News

📝  Maruti Fronx CNG launched at Rs 8.42 lakh
📝  MG ZS EV with updated ADAS suite launched at Rs 27.90 lakh
📝  BMW X5 facelift bookings open unofficially ahead of July 14 launch
📝  Koenigsegg Gemera gets new 2300hp V8 hybrid powertrain
📝  ‘Exter will strengthen Hyundai's sub-Rs 10 lakh segment': COO Tarun Garg
📝  Suzuki Access 125 reaches 50 lakh unit production milestone
📝  SUVs, MPVs consolidated in UV GST slab, clarifies government
📝  Hyundai Exter vs Punch vs C3 vs Ignis: price, specifications compared
📝  Branded Content: Full of Beans
📝  Triumph Speed 400: What’s different for India?
Read More >>

📰 International News

📝  Audi in talks to buy Chinese automaker SAIC's EV platform
📝  Japan steelmaker JFE says Tesla-pioneered tech poses 'very big problem' for it
📝  Auto lobby urges Spain's next government to commit to decarbonisation
📝  Lucid shares drop as deliveries take hit from Tesla's price war
📝  LG Electronics eyes global top 10 position in vehicle components, targets 20 trillion won revenue by 2030
📝  Hyundai Motor union to stage strike in South Korea on wednesday
📝  Slow-selling EVs are the auto industry's new headache
📝  UAE raises 2030 emissions cut target to 40%, says ministry
📝  This one-off Ferrari KC23 track car is a performance marvel with a unique design
📝  Pakistan car sales in June plunge 82 per cent, just over 6,000 units sold
📝  US military bets big on electric combat vehicles. But political hurdles remain
📝  GKN Automotive strengthens its executive team
📝  Big Automakers Grab $1 Billion Deal for Urgently Needed Battery Metals
📝  ‘They’re Coming for Your Cars’
📝  Auto industry on tenterhooks as UAW kicks off talks with 'Detroit Three'
Read More >>


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