News Updates

Small cars, sports utility vehicles, sedans, and two-wheelers are set to get costlier with automakers raising prices to partially absorb the impact of high material costs.

Triton Electric Vehicle LLC has signed an agreement with the Gujarat government to set up a commercial electric vehicle manufacturing plant at Bhuj in the Kutch district with a total investment of Rs 108 billion.

Samvardhana Motherson Automotive Systems Group BV (SMRP BV) and Valeo have signed a Memorandum of Understanding (MoU) to create the vehicle interiors through integration of lighting systems

Russian troops are on the move, pushing into two regions of separatist-controlled Ukraine and threatening to invade the rest of the country. But there could be some serious collateral damage to the U.S. and its allies.

After two-, three- and four-wheelers, electrification of the mass transit segment is now taking off. Work on two projects, of nearly Rs 50 billion in greenfield electric bus-manufacturing projects, has started in Pune.

TVS Motor Company, a reputed two-wheeler and three-wheeler manufacturer globally, announced that its two-wheeler exports clocked 1 million units in FY21-22.

The Adani Group said that it has signed a non-binding Memorandum of Understanding with Nasdaq-listed Ballard Power Systems.

The auto component maker Bharat Forge Limited along with its subsidiary, BF Industrial Solutions Limited announced 100% acquisition of Coimbatore-based JS Autocast Foundry India Private Limited.

US truck engine maker Cummins Inc said that it will buy auto parts maker Meritor Inc for $2.58 billion in cash, to beef up its electric and hybrid vehicle parts offerings.