News Updates

The Society of Indian Automobile Manufacturers (SIAM) conducted a virtual interactive session themed ‘Ecosystem Restoration: Initiatives by Indian Auto Industry’ to observe World Environment Day.

Renault-Nissan’s Chennai Plant near Oragadam in Tamil Nadu has been allowed to continue production by the Madras High Court, as reported by PTI.

Food delivery platform Zomato said that it will join EV100, a global initiative of companies committed to switching their fleets to electric vehicles by 2030.

Ashvath will be operational in Mumbai, in partnership with MGL and other CGD companies, and would then follow a phase wise expansion, across the country.

Goodyear has completed its acquisition of Cooper Tire & Rubber Co. The $2.8 billion merger agreement was made public in February 2021.

Experts feel that India is likely to benefit from the global minimum 15% corporate tax rate pact inked by the world's richest G-7 nations. It is a landmark step toward reforming the global tax system.

The move came a day post PM Narendra Modi said that Kevadia, where the Statue of Unity is located, will become India’s first EV city. The area will transform into an EV-only zone in a phased manner.

SKODA AUTO India has announced the production of the KUSHAQ at the SKODA AUTO Volkswagen India Pvt Ltd (SAVWIPL) plant in Chakan, Pune. The new SUV has ample space, design, comfort, and safety features.

Hyundai Motor India Ltd has announced series of initiatives to extend support to its employees during the second wave of coronavirus in the country. The company has prioritised safety of its employees and workforce.