Top Indian Automobile Industry News & Updates - 14 July 2023,Friday

🏢 Industry

📝  Finance ministry not considering tax waivers for Tesla, says Revenue Secretary
📝  Rs 20 lakh for a Tesla: Musk's India electric car factory plan gathers speed
📝  Tesla in talks with India to set up factory with 500,000 annual capacity
📝  CESC expects strong growth in 2023-24 driven by economy and electricity demand
📝  Renault Nissan to invest INR 1.4 crore to upgrade infrastructure at eight schools near Chennai
📝  Bolt.Earth and ASDC Collaborated to equip India's automotive workforce with EV infrastructure knowledge
📝  More streets for car parking scheme in Chennai
📝  Foxconn may partner with TSMC and TMH to set up fab units
📝  Tesla plans to roll out EVs at a starting price of ₹20 lakh in India
📝  GL Bajaj Institute inaugurates EV research centre
📝  Tax shocker: What is the cost impact of 28% GST on SUVs & MUVs? Details here
📝  Foxconn's change of heart on semiconductor factory a warning to India
📝  Tesla battery supplier Panasonic in talks to set up plant in India
📝  Decreasing speed limits can lower car accidents, reveals study: Check effect on commute times
📝  Vehicle sales in June ’23 increase by 12.8% from June ’22 across Jharkhand
📝  FAME 3.0: Govt considering a renewed subsidy plan to support EV industry
📝  India moves to bridge charging gap as electric car sales cross 100,000-mark
📝  Vedanta chairman Anil Agarwal says partners lined up for semiconductor manufacturing
📝  Utility vehicles may see price hikes but demand to be in top gear
Read More >>

🎤 Interviews & Features

📝  Going Electric: Tesla
📝  Compensation cess: How it affects your utility vehicle buying plans
📝  Nifty Auto index stocks: Transformation is at the doorstep, making analysts selective
📝  Kia Seltos facelift Vs Honda Elevate: Specs, design, features comparison
📝  It’s crunch decision time for lovers of ageing cars
Read More >>

🚗 Cars / SUVs

📝  Kia India to open bookings for new Seltos on Friday
📝  Renault expects sales in India to shift to a higher gear in 2024
📝  Mahindra Scorpio Classic becomes go to choice for Indian Army
📝  Invicto Vs Innova Hycross: How Maruti managed to price it lower than Toyota?
📝  Kia rolls out one-millionth car from India plant in just 4 years
📝  Hyundai Exter petrol & CNG variants mileage revealed: Higher than Tata Punch
📝  Indian Army orders 1,850 units of Mahindra Scorpio Classic
📝  Kia India crosses 1mn production mark; to start bookings for new Seltos
📝  Hyundai Exter SUV loan EMI on Rs 1.3 lakh down payment: Details explained
📝  Maruti Suzuki Nexa offers discounts of up to Rs 69,000 in July: Check details
📝  After Uorfi Javed, Jubilee star Wamiqa Gabbi buys this powerful SUV, not Mahindra Thar, Toyota Land Cruiser
Read More >>

Electric-Cars / SUVs

📝  Hyundai Ioniq 5 N makes global debut with 641 bhp & AWD: Coming to India?
Read More >>

🚗 Luxury Cars

📝  2023 Porsche Cayenne facelift set to launch in India tomorrow. Here's everything know so far
📝  BMW X5 facelift to debut in India on July 14. What all to expect
Read More >>

⛟ Commercial Vehicles

📝  VMC to take SPV route to put electric buses on roads
📝  Karnataka government to purchase 4,000 buses, recruit 13,000 drivers and conductors: CM Siddaramaiah
Read More >>

🏍 2/3 Wheelers

📝  Honda Motorcycle & Scooter India launches Dio 125 in 2 variants at INR 83,400, INR 91,300
📝  Top 5 retro roadster motorcycles under Rs 3 lakh: Triumph Speed 400, Harley X440 & more
📝  Two-wheeler exports continue to fall in the Q1 FY24
📝  2023 Royal Enfield Continental GT Cup Season 3 dates announced: Registration open
Read More >>

🚲 Electric 2/3 Wheelers

📝  Greaves Retail plans bigger play in retrofitment of ICE 3Ws & 2Ws to electric
📝  Crowded electric 2W space likely to see consolidation
📝  Electric two-wheeler maker Komaki enters Nepal & Bangladesh markets
📝  Okaya EV partners with 12 financial institutions for attractive financing solutions
Read More >>

🌇 Allied Industries

📝  Bridgestone India trains over 200 women as mechanics, drivers
📝  Continental India to hire 1000 software engineers for Technical Center in Bengaluru
📝  Zetwerk Manufacturing appoints Pulkit Bhandari as new CFO
📝  HCL Tech to acquire German auto tech company ASAP for over Rs 2,200 crore
📝  CarDekho group revenue up; share of used car biz declines
Read More >>

🌢 Fuels, Lubricants & Charging Stations

📝  GLIDA plans to invest up to INR 100 cr by March 2024 to set up EV charging stations
📝  Lower prices help RIL-BP, Nayara treble share in June diesel sales
Read More >>

🌍 Emissions/Environment

📝  New York expert’s tips for greener Kolkata with tram, EV
Read More >>

💸 Finance & Insurance

📝  Ola Electric partners with Shriram City Union Finance for financing solutions
📝  Hero Electric partners with IDFC FIRST bank to offer financing options
📝  Health, motor continue to drive general insurance, Q1 sales jump 17.9%
📝  Planning to bring home your favourite bike? Know all about types of two-wheeler insurance and what they cover
Read More >>

📖 Magazines News

📝  Kia Seltos facelift bookings open for Rs 25,000
📝  Hyundai Ioniq 5 N performance EV revealed with 650hp
📝  Limited edition Aston Martin Valour gets 715hp V12, manual gearbox
📝  Mahindra XUV e8 production-spec design leaked via patent image
📝  Honda Dio 125 launched at Rs 83,400
📝  TVS Eurogrip working on new superbike, ADV tyres
📝  CNG car, SUV sales down by 5 percent in the first half of 2023
Read More >>

📰 International News

📝  Bosch sets EUR 5 bn 2030 sales target with H2 tech, begins fuel-cell module production
📝  VinFast's SPAC partner for US listing extends its lifespan by one year
📝  Nearly 100 US lawmakers urge EPA to finalize tougher vehicle emissions cuts
📝  Mitsubishi's China JV to cut staff costs after SUV sales dive
📝  Stellantis to build new Jeep Compass as fifth model in Melfi
📝  Autoliv says planned factory closures likely in Germany, UK
📝  E-bike maker VanMoof files for protection from creditors
📝  Aston Martin Valour makes global debut, features V12 with manual gearbox
📝  Helix appoints Richard Smit as Chief Manufacturing Officer
📝  Audi mulls buying EV platform from China’s SAIC Motor
📝  Johnson Matthey signs agreement with China to invest in hydrogen ecosystem
📝  Hyundai never allowed women as technicians at Korean plants. Not until now
📝  Russian hackers use BMW 5-Series to attack foreign embassies in Ukraine. Here's how
📝  NASA takes delivery of three electric vans to transport astronauts to launch pad
📝  Kia to invest $200 million in Georgia plant to begin building electric SUVs
📝  EV brand Smart plans funding led by Tianqi Lithium
Read More >>


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