Automobiles
JLR sales jump 27% in October-December 23 quarter.
10 Jan 2024
Jaguar Land Rover, the UK luxury car business of Tata Group, has reported wholesales of 101,943 units in fiscal third quarter ended 31 December 2023,
Vietnam EV maker VinFast to invest up to $2 bn in India facility
07 Jan 2024
Vietnamese electric vehicle maker VinFast has announced plans to invest up to $2 billion for setting up an integrated manufacturing facility in India
TPEM launches its first Pure EV product, Punch.ev
06 Jan 2024
Tata Passenger Electric Mobility (TPEM), the EV arm of Tata Motors, on Friday launched Punch.ev, its first offering under the advanced `Pure EV’ architecture – acti.ev (active)
Govt revises incentives scheme for auto sector, extends it by 5 years
04 Jan 2024
The government has extended the tenure of the Production Linked Incentive (PLI) scheme for automobile and auto components by five years beginning the current financial year, ie, 2023-24.
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Finance Ministry boosts the FAME-II scheme with an additional Rs 1,500 crore
03 Jan 2024
In a strategic move to further propel the adoption of electric vehicles (EVs) in India, the Union Finance Ministry has greenlit an additional allocation of Rs. 1,500 crore for the second phase of the Faster Adoption and Manufacture of Electric Vehicles (FAME-II) program.
Car sales in India cross 4 million units in 2023
03 Jan 2024
Car sales in India hit a record in 2023, crossing the 4 million mark for the first time, as customers continued to pursue their love for sports utility vehicles (SUVs).
Tesla sets a new delivery record, falling short of Musk's 2 million target
28 Dec 2023
In what is anticipated to be another historic quarter for electric vehicle (EV) giant Tesla, the company’s deliveries are expected to reach unprecedented levels.
Japanese auto giants to invest $4.34 billion in Thailand's electric vehicle transition
26 Dec 2023
In a significant development for Thailand’s automotive landscape, major Japanese auto manufacturers are set to inject a substantial sum of 150 billion baht into the country over the next five years.
Tata’s Harrier and Safari awarded 5-star rating in maiden Bharat-NCAP crash test
22 Dec 2023
Two home-grown sports utility vehicles – the new Harrier and Safari models of Tata Motors – have been given 5-star safety ratings in the maiden crash-tests conducted by the newly-established Bharat New Car Assessment Programme vehicle safety assessment programme.
Toyota announces a global recall of 1.12 million vehicles due to airbag concerns
21 Dec 2023
In a press statement released on Wednesday, 20 December 2023, Toyota Motors declared its decision to recall 1.12 million vehicles globally, citing potential issues with airbag deployment linked to a short circuit in a sensor.
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