In Q2 FY23-24, Indian Auto Wholesale Sales Witnessed 1.04% Growth
The Indian automobile industry, as reported by the Society of Indian Automobile Manufacturers (SIAM), experienced a positive uptick in domestic sales during the second...
Volkswagen Group delivers 45 percent more all-electric vehicles in first 9 months
The Volkswagen Group has systematically continued its transformation in the first nine months of 2023. All-electric deliveries increased by 45 percent to 531,500 vehicles...
LMFP Batteries & Piyush Goyal’s Production Push for India’s Manufacturing Hub
Union Minister Piyush Goyal has called upon the country's industrialists to ramp up production activities, contributing to India's transformation into a global manufacturing hub....
The Shift Away from Diesel: Nitin Gadkari’s Call for Cleaner Auto Industry
In a significant move towards a cleaner and more sustainable automotive industry, Union Minister of Road Transport and Highways, Nitin Gadkari, has called upon...
Rosmerta to set up 10 vehicle scrappage units
Automobile technology and automation firm Rosmerta Technologies plans to invest Rs 200 crore to set up ten vehicle scrappage units over the next three years, according to a top...
Indian Oil Corporation to invest Rs. 1,660 cr in JV with NPTC
Indian Oil Corporation will invest INR 1,660.15 crore as equity in a newly set up joint venture with energy major NTPC Ltd for setting...
Union Minister Piyush Goyal Encourages Industry to Accelerate Production
In a pivotal gathering of industry leaders, Union Minister Piyush Goyal passionately called for an upsurge in production activity, aiming to propel India into...
BMW Group India records best-ever year to date performance for all brands
After posting the best-ever half-year in 2023, BMW Group India continues the success story by posting the best-ever year to date sales (January –...
Indian govt panel requires car ratings tied to improved connectivity
A government panel has recommended that automakers who step up connectivity features in cars to communicate with other vehicles and external systems should win...
Indian road logistics sector on a smooth ride in FY2024: ICRA
ICRA anticipates a favourable demand scenario for the road logistics sector in FY2024, aided by stable domestic consumption and investment demand. The industry revenue...