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FPT Industrial opens new ePowertrain plant in Italy
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.

US auto industry may face huge loss if interest rate increases
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.

EVRE, Mad About Wheels tie up to set up EV infrastructure
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.

Piaggio India launches re-designed Aprilia SR 160 range
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.

TVS Motor Company to expand in South Africa
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).

FADA predicts dull festive season for auto sector due to chip shortage
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.

M&M to halt production for seven days in September amid chip shortage
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.

Royal Enfield launches the New Classic 350
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.

Vehicle sales for August take a beating due to global chip shortage
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.

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