Components Distribution & Retail Guest Column

Why OEMs and Distributors Are Becoming Bankers – And Why That Must Change

By Vairavanathan Shanmugavelu Parts availability continues to be a challenge in several regions of the automotive aftermarket. However, availability issues are visible – they get discussed, escalated and eventually resolved. The bigger issue, rarely spoken about openly, is payment. Across OEMs, Tier-1 suppliers and distributors, business volumes are growing – but working capital stress is […]

Buses Emobility Passenger Cars Three Wheelers Trucks Two Wheelers

EV Retails Maintain Strong YoY Momentum in February: FADA

Electric vehicle retail momentum in India remained strong in February 2026, with year-on-year growth recorded across all major segments. According to data released by the Federation of Automobile Dealers Associations (FADA), electric two-wheelers, passenger vehicles, three-wheelers and commercial vehicles all registered healthy growth, although overall EV penetration remained largely stable due to the faster expansion […]

Buses Emobility

Keto Motors Secures CMVR Type Approval for Urbanova KE9 9-Metre Electric Bus

Keto Motors, an emerging electric vehicle manufacturer, has successfully secured CMVR Type Approval Certification from the Global Automotive Research Centre (GARC) for its 9-metre Urbanova KE9 electric bus, marking a significant milestone in the company’s expansion within India’s electric public mobility segment. The certification confirms compliance with all statutory safety and performance standards, including structural […]

Emobility Two Wheelers

Kinetic promoters infuse ₹40 crore to accelerate EV and component growth

Kinetic Engineering Ltd. (KEL), the flagship company of the Kinetic Group, has received an additional capital infusion of ₹40 crore from its promoter group, strengthening the company’s financial position as it expands into emerging mobility technologies. The investment has been made through the conversion of warrants, subject to regulatory approvals, increasing promoter shareholding in the […]

Buses Off-highway Three Wheelers Trucks

Auto Industry Posts Strong February Surge as PVs, 2Ws, Farm Equipment Drive Growth

India’s automotive industry continued its growth momentum in February 2026, with strong demand across passenger vehicles, two-wheelers, commercial vehicles and tractors. Several leading manufacturers reported robust year-on-year increases, reflecting sustained consumer confidence, improving rural demand and steady expansion in exports. Commercial Vehicles & Off-highway In the commercial vehicle segment, Tata Motors Limited reported total domestic and international CV sales […]

Appointments Buses Trucks

VECV appoints B. Srinivas as MD & CEO; Vinod Aggarwal named Chairman  

VE Commercial Vehicles Ltd. (VECV) has announced the appointment of B Srinivas as the new Managing Director & CEO, effective 1st April, 2026. B Srinivas has spent more than three decades at Eicher, managing diverse responsibilities across various business lines, and in strategy, sales, marketing and operations. Since 2024, Srinivas has served as the Chief Operating Officer of VECV. […]

Components Safety

Uno Minda Launches Advanced Trumpet Horn Range

Uno Minda, a leading Tier 1 supplier of proprietary automotive solutions to OEMs, has introduced a new range of advanced trumpet horns for the Indian aftermarket, aimed at enhancing road communication and safety across passenger and commercial vehicles. With the rapid growth of India’s mobility ecosystem and increasing traffic density, vehicle horns continue to play […]

Passenger Cars

MG Majestor Gets 5-5-5 Ownership Programme for Hassle-Free Long-Term Assurance

JSW MG Motor India has introduced a comprehensive 5-5-5 ownership programme for the upcoming MG Majestor, India’s first D+ SUV, aimed at providing long-term ownership assurance and predictable running costs for customers. Designed as an integrated customer offering, the programme combines a 5-year unlimited-kilometre warranty, free 5-year roadside assistance with unlimited kilometres, and five labour-free […]

Emobility Two Wheelers

ZELO Electric Launches Limited-Edition Knight+ Rani Scooter to Celebrate Women’s Mobility

ZELO Electric has introduced the Knight+ Rani Edition, a limited-edition electric scooter launched to mark International Women’s Day. The new variant comes in an exclusive baby pink colour scheme and will be available in only 999 units across India, reinforcing the brand’s focus on design-led electric mobility. Priced at ₹69,990 (ex-showroom), the Rani Edition builds […]

Emobility Trucks Vehicle Finance

Truck Rentals Hold Steady in February as CV and EV Segments Show Strong Year-on-Year Growth

India’s mobility and logistics sector witnessed relatively stable trucking activity in February, with truck rentals across major trunk routes remaining largely rangebound month-on-month, according to the latest industry data. Despite the stable month-on-month trend, several key routes recorded notable year-on-year growth. The Delhi–Mumbai–Delhi corridor led the growth with an 8% increase in truck rentals, followed […]

Emobility Passenger Cars Vehicle Finance

Axis Bank Partners Tesla to Offer Tailored EV Financing in India

As electric mobility gathers pace in India, the ecosystem supporting EV adoption is expanding beyond vehicle technology and charging infrastructure to include innovative financing solutions. In line with this shift, Axis Bank has announced that it will become a preferred financer for Tesla, offering customised financing options designed specifically for customers purchasing Tesla vehicles in […]

Dealerships Emobility Two Wheelers

Ultraviolette Expands Network with 6th Experience Centre in Bangalore, at JP Nagar

Ultraviolette Automotive has announced the launch of a new UV Space Station in Bangalore, marking its sixth experience centre in the city and a significant step in strengthening its nationwide retail and service network. The expansion follows a series of recent product and technology milestones, including the launch of the X-47 Crossover and the UV […]

Emobility Passenger Cars

VinFast Formalises Three-Brand Architecture, Expands Lac Hong Line

VinFast has announced the completion of its strategic restructuring into three distinct automotive brand lines and officially unveiled two new flagship ultra-luxury models – the Lac Hong 800S and Lac Hong 900S. The two vehicles join the Lac Hong line – VinFast’s ultra-luxury marque – alongside the established VF mass-market passenger vehicle range and the […]

Fleet Management Logistics

Future Fleets Forum 2026 – Shaping India’s Next-Gen Fleet Strategy

The first-ever edition of the Future Fleets Forum was held successfully on February 17, 2026, at the Radisson Blu Plaza Hotel, Delhi Airport, bringing together over 150 senior leaders from India’s fleet, logistics, and commercial vehicle ecosystem. The forum witnessed participation from leading fleet owners, CV OEMs, large logistics operators, and logistics heads for a […]