Tata, Suzuki, Mahindra, Kia, Ola among 20 firms selected for auto PLI
A total of 115 companies had applied for the PLI scheme in the automobile and auto component industry.
automobile industry
February 2022
March 2021
February 2021
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December 2020
Budget 2022: Tata Motors, Maruti, MRF stocks tank as FM skips major relief
FM Nirmala Sithraman announced a slew of measures for the automotive sector including a new battery swapping policy and a focus on electric vehicles for public transport.
Half of all vehicles to be electric by 2030: Schwenk
Mercedes-Benz India MD and CEO Martin Schwenk says there is a shift towards more sustainable tech in the auto sector, but it will have to be supported by a conducive framework.
Lamborghini replicates Porsche’s SUV success story
The exotic carmaker has sold more than 100 units of the Urus since it was launched in India. The SUV accounts for half of Lamborghini’s sales in the country.
Car sales shoot up despite rise in petrol prices
Auto retail sales in February are showing signs of recovery with automakers reporting rise in sales, although petrol prices have crossed ₹100 per litre. Reason: the shift towards personal mobility.
Don't buy a car, just rent it
Safety and affordability concerns among commuters have given a fillip to shared mobility, with subscription-based models gaining traction. Will the industry realise the true potential of these models?
BMW taps new customers in a bid to go past Mercedes
The German auto major sees a significant contribution of over 50% coming from the locally produced sports utility vehicle range including the X1, the X3, and the X5.
Speed bumps for tyre MNCs in India
Global giants operating in India are evaluating if it makes economic sense to invest in a new plant, in light of the country's tyre import ban.
Driving into the future
Cars are becoming “smart,” driven by connectivity, intelligence, and intuition. As smartphones changed our lives, smart cars too will have a profound impact on movement, both of people, and goods.
Price rise to hurt car buyers in 2021
Rising commodity prices have compelled some of India's top automakers to hike car prices, from January. Experts caution this could further dampen consumer demand and delay recovery in the auto sector.
