News Oct 19, 2022 FPT Industrial opens new ePowertrain plant in Italy 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.
News Feb 02, 2022 US auto industry may face huge loss if interest rate increases 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.
News Dec 07, 2021 EVRE, Mad About Wheels tie up to set up EV infrastructure 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.
News Nov 18, 2021 Piaggio India launches re-designed Aprilia SR 160 range 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.
News Sep 13, 2021 TVS Motor Company to expand in South Africa 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).
News Sep 09, 2021 FADA predicts dull festive season for auto sector due to chip shortage 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.
News Sep 07, 2021 M&M to halt production for seven days in September amid chip shortage 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.
News Sep 06, 2021 Royal Enfield launches the New Classic 350 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.
News Sep 06, 2021 Vehicle sales for August take a beating due to global chip shortage 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.