Maruti Suzuki plans to regain its lost market share by September 2023

In a bid to regain its lost market share, Maruti Suzuki, the country's largest carmaker, plans to regain lost market share by September 2023, which has currently been reduced to 43.5% through an offensive product strategy centered on SUVs. This would address major portfolio gaps. Starting this Marc...

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Ather Energy plans to set up its 2nd manufacturing facility at Hosur, Tamil Nadu

Hero MotoCorp-backed electric two-wheeler maker Ather Energy said on Monday its plans for a second manufacturing facility, which once commissioned in 2022, will expand its capacity to 4 lakhs vehicles per year from 1.20 lakh units at present. The new facility will be rolled out in Hosur, Tamil Nadu...

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Shriram Automall Partners With Daimler India For Used CV Business

Pre-owned Vehicles Marketplace Shriram Automall India Ltd (SAMIL) has joined with Daimler India Commercial Vehicles (DICV) to expand its used vehicle exchange business into the commercial vehicle (CV) space. In accordance with the strategic partnership, SAMIL will provide online auction platforms to...

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Bounce and Park+ to set up 3,500 battery swapping stations - Autonexa

Mobility firm, Bounce and Park +, an app for car users, have announced that they have entered into a strategic partnership to boost the electric vehicle ecosystem across the country by establishing 3,500+ battery swapping stations across 10 cities in India. This smart framework will be available in ...

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Bosch partners German GIZ for promoting sustainable mobility solutions in Indian cities

Auto components major Bosch Ltd said on Thursday that it has partnered with Deutsche Gesellschaft fur Inteational Zusammenarbeit (GIZ) GmbH to jointly launch a green urban mobility innovation initiative to implement smart and sustainable mobility solutions in various cities in India. GIZ is a German...

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Government likely to offer more tax concessions on vehicles bought after scrapping old models

Union Minister Nitin Gadkari has stated that the Indian govement is considering a proposal to provide more tax concessions on purchased vehicles after scrapping old models under the recently introduced scrappage policy. At the recent inaugural event of the govement-approved Maruti Suzuki Toyotsu Scr...

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Tata Motors hikes prices of Tiago, Tigor, Altroz, and Nexon - Autonexa

Tata Motors has discreetly hiked prices of select models in its lineup. Tiago, Tiago NRG, Tigor, Altroz, ​​and Nexon EV undergo a price revision, while Safari, Harrier, Punch, and Nexon EV continue with the existing ex-showroom prices. All manual and AMT variants of the Tata Tiago hatchback (ex...

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Maruti Suzuki Toyotsu India opens first vehicle scrapping unit in Noida

Maruti Suzuki Toyotsu India (MSTI), a joint venture (JV) between Maruti Suzuki India (MSIL) and Toyota Tsusho Corporation, has opened its first govement-approved Vehicle Scrap and Recycling (ELV) unit in Noida, Uttar Pradesh. Built with an investment of Rs 44 crore, the 10,993 square meter facility...

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New Honda Civic awarded 5 star safety rating by ASEAN NCAP

The sedan scored 29.27 out of 32 in the Adult Occupant Protection (AOP) category, 46.72 out of 51 points in the Child Occupant Protection (COP) category, and 19.07 points for safety assist technologies (SATs) out of a possible 21. The eleventh generation Honda Civic was recently tested by the ASEAN...

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