The new production site is the first totally carbon-neutral plant of Iveco Group (which owns FPT Industrial), achieving its targets by offsetting its CO2 emissions with the purchase of energy from renewable sources and carbon credits.

If the Federal Reserve decides to increase interest rates, as it suggested it would soon this week, experts say the US automotive industry could lose $22 billion in sales.

EV charging infrastructure firm EVRE said it has joined hands with Mad About Wheels (MAW) to set up charging infrastructure and enable dealerships across over 100 cities with more than 500 chargers.

The new Aprilia SR 160 will be available at a price of Rs 117,494 Ex showroom Pune and Aprilia SR 125 priced at Rs 107,595 Ex showroom Pune. It can be booked for an initial amount of Rs 5000.

TVS Motor Company is a well-known two-wheeler and three-wheeler manufacturer. It is a flagship company of the $8.5 billion TVS Group. It has announced a new distribution partnership with ETG Logistics (ETGL).

OEMs are struggling to supply adequate vehicles to dealers. FADA’s outlook remains a mixed bag with PVs witnessing demand-supply mismatch and the 2W segment facing a demand crunch.

M&M will observe seven no-production days at its plants in September. The company added that there will be no material impact of the halt on the XUV7OO production ramp-up and launch plans.

In its 120th year, Royal Enfield re-envisions its iconic motorcycle, with the launch of the All-New Royal Enfield Classic 350 - a timeless classic motorcycle reimagined to meet modern aspirations.

This year auto dealers expect the semiconductor shortage to result in sales dropping by about 30%. SIAM has asked the MEA to reach out to chipmakers to prioritise Indian automakers when plants reopen.