Industry News

Sustainable Mobility takes center stage at SIAM’s 63rd Annual Convention

Society of Indian Automobile Manufacturers (SIAM), the apex body representing leading automobile manufacturers of the country, commemorated its 63rd Annual Convention deliberating on the way ahead for Sustainable Mobility. On the Occasion of 63rd SIAM Annual Convention Hon’ble Prime Minister of India, Shri Narendra Modi in his message mentioned that for over six decades SIAM […]

Dealerships Trucks Vehicle Finance

CSB Bank partners with Tata Motors to offer attractive financing solutions for CV dealerships

CSB Bank has signed a Memorandum of Understanding (MoU) with Tata Motors, India’s largest commercial vehicle manufacturer, to offer customised financial solutions for dealers in the Commercial Vehicle segment. The partnership will enable the network of Tata Motors’ dealers to get access to flexible and specialized financial schemes to enhance their operations. Commenting on the […]

COMPONENTS

ACMA’s 63rd Annual Session brings thrust on Sustainability for Competitiveness

The Automotive Component Manufacturers Association (ACMA), the apex body of the Indian auto component industry successfully hosted the 63rd edition of its annual session under the theme ‘Mobility 360O – Sustainability for Competitiveness’. Dignitaries from the Government, and Industry including, Nitin Gadkari, Union Minister for Road Transport & Highways, Government of India, Piyush Goyal, Union […]

Trucks

Vandana Trailers Striving for excellence in tip-trailer segment

In a recent conversation with Hemant Jaiswal, Director of Vandana Trailers, Rajesh Rajgor discovered that Vandana Trailers, known for its specialization in a diverse product range such as tipping trailers, tippers, sidewall trailers, flatbed trailers, low bed trailers, and custom rock body sandwich trailer tippers, has been diligently working towards achieving excellence through its distinct […]

Emobility Trucks

EKA Mobility delivers electric garbage collection vehicles to Pune Municipal Corporation

EKA Mobility, leading home-grown electric commercial vehicles & technology company, has taken a significant step towards bolstering urban sustainability by handing over 10 state-of-the-art 1.5-tonne electric garbage tipper vehicles to the Pune Municipal Corporation. This collaboration represents a remarkable advancement in environmentally conscious waste management practices for Pune, further establishing the city as a model […]

COMPONENTS

ZF achieves major milestone as 1 millionth TraXon transmission system rolls out of assembly line

Significant product anniversary: ZF has produced one million units of the TraXon automated transmission system worldwide. The “anniversary unit” rolled off the assembly line at the main plant in Friedrichshafen. Other production locations are Jiaxing (China) and Sorocaba (Brazil). The ZF division Commercial Vehicle Solutions (CVS) achieved a major production milestone for its TraXon transmission […]

COMPONENTS

Navigating Change: Insights from Automotive Component Industry Leaders

In a Q&A session with the media, Sunjay Kapur, Past-President, Shradha Suri Marwah, President, Vinnie Mehta, Director General, ACMA, shared key insights on the industry’s response to rapid changes, sustainability, competitiveness, and emerging technologies. The leaders emphasized the importance of sustainability in adapting to changing landscapes, with a focus on electrification and green hydrogen. They […]

Passenger Vehicles

Lamborghini India delivers first Huracán Sterrato in India

Lamborghini India has delivered the first Huracán Sterrato in India. Sterrato is the first super sports car designed for maximum driving pleasure even away from the asphalt on loose or dirt surfaces, reinterpreting the very concept of sportiness and emphasizing the brand principles of brave, authentic and unexpected. The Huracán Sterrato offers optimized driving dynamics […]

Emobility Trucks

Magenta Mobility partners with Tata Motors to deploy Ace EVs for intra-city deliveries

Magenta Mobility, India’s leading full stack electric fleet operator, forays into the electric four-wheel commercial vehicle segment through a strategic partnership with Tata Motors, India’s largest commercial vehicle manufacturer. The company signed a MoU with Tata Motors to deploy 500 units of the revolutionary Tata Ace EV, offering a green and smart transport solution tailored […]

Logistics

iThink Logistics partners with India Post to boost e-commerce deliveries across the country

The strategic collaboration between India Post and iThink Logistics aims to leverage India Post’s expansive reach to enhance E-commerce last-mile delivery capabilities for D2C startups and SMBs across India iThink Logistics, a top name in advanced logistics technology and one of India’s leading shipping platforms has joined hands with India Post, the country’s premier postal […]

Buses

Ashok Leyland bags massive order for 1,666 buses from TN STU’s

Ashok Leyland has bagged an order from TN STU’s (Tamil Nadu State Transport Undertakings) for 1,666 buses. This is the single largest BSVI order received from State Transport Undertakings and will further contribute to strengthening Ashok Leyland’s dominant position in the bus industry. Ashok Leyland has been the most preferred brand by TN STU’s with more […]

Industry News

Indian automotive industry could reach $1 trillion by 2035 driven by exports, technology, and innovation: Arthur D. Little Report

Arthur D. Little, the world’s oldest management consulting firm, has released a new report titled “Transforming India into a Global Automotive Hub: Roadmap for the Automotive Ecosystem”. The report explores the key areas of automotive value creation in India, such as becoming a destination for global platforms, achieving global scale in software and ER&D, striving […]

Parts & Components

ANAND Group and Korea’s HL Group launch HL Anand Automotive Parts

JV to double ANAND’s aftermarket sales in five years The $2-billion-plus ANAND Group, a leading manufacturer of world-class auto systems and components, has signed a JV with Korea’s $8.1-billion HL Group. The JV will increase the size of the Indian conglomerate’s aftermarket business two-fold while building the Korean entity’s presence in India. The JV will […]

Dealerships

Mahindra Truck and Bus opens 77th dealership, at Rewari in Haryana

After year-on-year growth of over 50% in business volume in FY23, Mahindra’s Truck and Bus Division (MTBD) continues to expand its dealer network with the inauguration of M/s. Global Automart Pvt. Ltd., its new, state-of-the-art dealership in Rewari, Haryana. Speaking on the occasion, Jalaj Gupta, Business Head – Commercial Vehicles, Mahindra & Mahindra Ltd. said, […]