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 […]
The Federation of Automobile Dealers Associations (FADA) has released Vehicle Retail Data for August 2023. During the month, the automotive retail sector exhibited a strong year-over-year (YoY) growth of 9%, though slightly lower than previously reported figures. This uptick was consistent across multiple vehicle categories, with a 6% increase in 2-wheelers (2W), a 6.5% increase […]
The Automotive Component Manufacturers’ Association of India (ACMA) is poised for a transformative journey as it welcomes new leaders to guide the industry into the future. In an announcement that holds significant promise for the Indian auto component sector, ACMA introduces Shradha Suri Marwah as the President and Vikrampati Singhania as the Vice President for […]
The Federation of Automobile Dealers Associations (FADA) today commemorated the inaugural Auto Dealers Day, a significant milestone in the automotive retailing world. FADA marked this occasion by emphasizing a strong sense of community and reaffirming the industry’s commitment to sustainability. September 19th, chosen as Auto Dealers Day, aligns with the foundation day of the Federation […]
Widely recognized and celebrated as the leading platform to facilitate the convergence of hundreds of 2nd and 3rd generation entrepreneurs of the rapidly growing automotive component industry, the ACMA-Young Business Leaders’ Forum (YBLF) was established under the aegis of the Automotive Component Manufacturers Association of India(ACMA), the nodal industry body. Leading the way in grooming young minds […]
The Federation of Automobile Dealers Associations (FADA) hosted the fifth edition of the Auto Retail Conclave, focusing on the theme “Collaborate-Innovate-Accelerate” immediately after the 59th AGM. The conclave witnessed the presence of prominent figures automobile industry, alongside participation from over 500 dealer members representing various regions of the country. The Conclave was inaugurated by Shri Nitin Gadkari, the honorable Union Minister of […]
British electric vehicle manufacturer Tevva has appointed Alltruck plc, specialists in commercial vehicle contract hire, rental, and vehicle maintenance, as its 24/7 roadside assistance and fleet management partner. Under this new partnership, Alltruck will provide 24/7 roadside assistance and fleet management services for Tevva’s cutting-edge 7.5t battery-electric vehicles (BEVs). The centrepiece of this support is […]
TORK Motors, India’s first electric motorcycle manufacturer, has inaugurated its first Experience Zone in Bengaluru announcing its entry into the state of Karnataka. Located in 5th block, Jayanagar, this 3S facility will be home to the brand’s KRATOS-R motorcycle and will offer sales and after sales services to consumers in the region. The new facility […]
Operating margins to expand by ~150-200 bps in FY 2024 with favourable product mix and stable movement in input prices ICRA pegs domestic tyre demand growth at 6-8% for FY 2024, supported by stable growth in the replacement segment and sustained demand momentum in the OEM segment. ICRA expects the demand momentum in the OEM […]
Nissan Motor India Pvt. Ltd. (NMIPL) today announced the expansion of its network in North and South India, with new showrooms and service workshops launched in Karnal (Haryana) and Khammam (Telangana). The new touchpoints are part of Nissan’s commitment to providing exceptional sales and service experience to its customers. With the addition of these new […]
ZF Aftermarket is expanding its product offering in India with the launch of three new TRW products. With the new products, ZF is supporting one of the most important business areas in the independent aftermarket: the brake repair of passenger cars. The products launched in the Indian market are TRW shock absorbers, now made in […]
Toyota Kirloskar Motor (TKM) today announced the introduction of ‘Wheels on Web’ (WOW), an Online Retail Sales platform for Bangalore region. This new platform offers customers, a seamless virtual experience by enabling them to book, purchase and get delivery of their preferred Toyota models at the comfort of their home. Further, WOW provides a real-time […]
Ashok Leyland, the Indian flagship of the Hinduja Group and the country’s leading commercial vehicle manufacturer, launched its e-marketplace for Used Commercial Vehicles. The marketplace will aid customers in exchanging Used Vehicles and upgrading them to new Ashok Leyland trucks and buses. By leveraging this digital platform, Ashok Leyland hopes to increase transparency in the […]
Brakes India, with over 60 years of Braking experience and a pioneering spirit, envisioned a new concept of providing Qik Brake Service (QBS) to customers back in 2018. QBS was started in collaboration with authorised tyre dealers to offer customers free brake diagnostic service to make them aware of brake issues in their vehicle. At the QBS, […]
myTVS, India’s largest automotive aftermarket digital platform, and part of the US$2 billion TVS Mobility Group, that operates manufacturing, automobile dealerships, distribution, supply chain solutions, and sales, service and automotive components, has selected Oracle Fusion Cloud Applications to unify operations and improve business efficiency. With Oracle Fusion Applications for finance and supply chain, myTVS can integrate and […]