Hyundai explores USD 3 bn IPO for India unit at up to USD 30 bn valuation, sources say

Hyundai Motor plans to take its Indian unit public to raise at least USD 3 billion in what would be the country's largest initial public offering, two sources said, as the South Korean company doubles its bet in the key growth market ahead of a widely expected entry from Tesla. Hyundai Motor India ...

Read More

Maruti Suzuki Fronx Turbo Velocity Edition introduced in India

Maruti Suzuki expands its Bronx lineup with the Maruti Suzuki Fronx Turbo Velocity Edition which features 16 exterior and interior accessories. The turbo-petrol unit is exclusive to this edition. It remains the only car in the range with a turbo petrol engine. Maruti Suzuki has introduced the Fronx...

Read More

Best Hatchbacks in India in 2024

Welcome to our guide to the best hatchbacks in India for 2024! Hatchbacks have long been a popular choice among car buyers due to their versatility, compact size, and affordability. In this comprehensive overview, we will explore the best hatchbacks in India in 2024, showcasing their impressive feat...

Read More

Vibrant Gujarat Summit: Maruti Suzuki to invest INR 38,200 cr to expand capacity

At the ongoing Global Vibrant Gujarat Summit 2024, Toshihiro Suzuki, Chairman, of Suzuki Motor Corporation, said that the Suzuki Group will invest INR 35,000 crore to set up a new facility in Gujarat and INR 3,200 crore to expand the SMG plant's current fourth production line. The expansion is in li...

Read More

More made-in-India cars hit the roads abroad in 2023

Made-in-India cars are gaining greater global acceptance as major automakers boost exports to make the most of the country's strong cost and talent advantage. Toyota, Volkswagen, Hyundai, Mahindra, Tata Motors, Honda, and Skoda reported a significant increase in exports in 2023, market leader Marut...

Read More

More made-in-India cars hit the roads abroad in 2023

Made-in-India cars are gaining greater global acceptance as major automakers boost exports to make the most of the country's strong cost and talent advantage. Toyota, Volkswagen, Hyundai, Mahindra, Tata Motors, Honda, and Skoda reported a significant increase in exports in 2023, market leader Marut...

Read More

Year-ender 2023: A recap of major people movements in the Indian auto industry

NEW DELHI: As the wheels of the automotive industry continue to turn, 2023 has proven to be a pivotal year marked by dynamic changes and strategic realignment of personnel across the Indian and global automotive landscape. In 2023, the automobile industry will witness a series of strategic leadersh...

Read More

Get Ready, Car Prices Going Up in January, Here's What You Need to Know

Indian carmakers, including Maruti, Tata Motors, Mahindra, Audi and Mercedes-Benz, have announced that retail prices will rise from January next year. The companies said they plan to increase prices due to higher input costs. Other car companies are likely to follow suit as well. Experts say price ...

Read More

India's Bharat NCAP prepares to unveil first safety ratings for locally tested cars

Bharat NCAP is set to reveal the safety ratings of the initial batch of vehicles it has evaluated since its inception. Established earlier this year to evaluate the safety of cars made in India, the agency recently conducted its inaugural crash test in December, which was scheduled to take place on ...

Read More