Latst 2024 News Update

Is Mahindra Bolero Neo safe for you? The SUV scores only one star in safety ratings. Here is the scorecard

The Mahindra Bolero Neo received a one-star rating for both child and adult safety in the Global NCAP tests, highlighting its performance in occupant safety. The SUV lacks key safety features, unlike

Stellantis India to hike vehicle prices by up to Rs 17,000 from April 30

Under the Citroen brand, the company sells a range of vehicles, including compact car C3, SUVs C3 Aircross and C5 Aircross and electric car E-C3 priced from Rs 6.16 lakh to Rs 37.67 lakh, as per the c

Ramkrishna Forgings to supply power train components to US' largest EV producer

Ramkrishna Forgings ventures into the US electric vehicle market, supplying powertrain components to the largest EV producer. This marks their foray into EVs, leveraging their forging expertise. Share

Discounts, freebies drive in as automakers seek to push sales

Car dealership stock reached an all-time high of 310,000 vehicles at the start of the financial year. This is leading companies into pushing sales by expanding into smaller towns and cities, potential

Talbros Automotive's JV firm secures order worth Rs 1,000 cr

Talbros Automotive Components announced securing a significant multi-year contract worth approximately Rs 1,000 crore from a European OEM for its joint venture firm, Marelli Talbros Chassis Systems (M

Warning signs for Tesla as EVs surge

Tesla facing layoffs, sales decline, and executive exits. Competitors thriving, Musk`s focus divided. Global EV sales increasing with supportive policies. The electric vehicle market evolving despite

Tata Motors to use new $1 bln plant to make Jaguar Land Rover cars

Tata Motors intends to manufacture Jaguar Land Rover (JLR) luxury cars at a new $1 billion plant in Tamil Nadu, according to sources familiar with the plans. The company had previously announced its i

Automobile exports from India dip 5.5% in FY24

India`s automobile exports fell by 5.5% in FY24 due to global monetary crises, with overall exports totaling 45,00,492 units. SIAM President Vinod Aggarwal cited volatile overseas markets and foreign

Leasing of lithium-ion batteries for 3-wheelers to be rolled out soon in Kolkata

On the streets of Kolkata and surrounding areas, e-rickshaws, popularly known as `toto`, are set to be powered by lithium-ion batteries with the rolling out of a battery leasing model, officials said

Passenger vehicle wholesales surge; up by 8.4% in FY24, SIAM data shows

India`s passenger vehicle wholesales reached a new high of 42,18,746 units in the 2023-24 financial year, an 8.4% increase from the previous year. The growth was attributed to strong demand for utilit

Toyota Kirloskar to step up play in smaller towns

Toyota Kirloskar Motor, the Indian unit, has been selling Maruti cars under its own badge since 2022 as part of a global alliance between Suzuki Motor Corp and Toyota Motor Corp. The move has helped T

Vehicle registrations rise by a modest 3% in March

While passenger vehicle and commercial vehicle retails declined last month by 6%, industry volumes rose on demand for two-wheelers and three-wheelers.