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Several EV makers may be forced to file for bankruptcy post imposition of FAME II penalties

Several EV makers may be forced to file for bankruptcy post imposition of FAME II penalties

autherAutocar Professional Bureau     calendar24 Jul 2023

In a letter to the PMO and MHI, which has been seen by Autocar Professional, they have said that fair reasoning should prevail "in the wider interests of all stakeholders, or the OEMs signatory to the letter will be forced to file for bank...

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Foxconn and ZF join forces for passenger car chassis systems business
Foxconn and ZF join forces for passenger car chassis systems business

autherAutocar Professional Bureau calendar24 Jul 2023

Foxconn acquires 50% stake in ZF Chassis Modules GmbH; strategic partnership seeks to mutually grow business, expand c...

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TVS Motor Q1 PAT up 49% at Rs 441 crore
TVS Motor Q1 PAT up 49% at Rs 441 crore

autherAutocar Professional Bureau calendar24 Jul 2023

Company's motorcycle sales stood at 4.63 lakh units in Q1FY24, up 7 percent, as compared to 4.34 Lakh units in the sam...

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Valtech expands India operations, introduces Valtech Mobility
Valtech expands India operations, introduces Valtech Mobility

autherAutocar Professional Bureau calendar24 Jul 2023

The decision to bring Valtech Mobility into the fold, aligns with the company's global expansion strategy.

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Bajaj Finance Limited Auto Finance wheels in faster, easier lending journeys with Salesforce
Bajaj Finance Limited Auto Finance wheels in faster, easier lending journeys with Salesforce

autherAutocar Professional Bureau calendar24 Jul 2023

Through smart automation and seamless API integrations, Bajaj Finance Limited Auto Finance is making it simpler and fa...

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Posco to invest US $92 billion to expand into EV battery production and hydrogen: Report
Posco to invest US $92 billion to expand into EV battery production and hydrogen: Report

autherAutocar Professional Bureau calendar24 Jul 2023

The company intends on investing US $92 billion through 2030, to take its business beyond its mainstay steel operation...

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Motherson to acquire Dr Schneider Group for an enterprise value of Euro 118.3 million
Motherson to acquire Dr Schneider Group for an enterprise value of Euro 118.3 million

autherAutocar Professional Bureau calendar24 Jul 2023

The deal is expected to be closed by Q3 of FY23-24, subject to customary closing conditions and receipt of required re...

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Hero to launch Karizma XMR 210 in India on August 29
Hero to launch Karizma XMR 210 in India on August 29

By Dinshaw Magol, Autocar India calendar24 Jul 2023

The Karizma XMR 210 will introduce an all-new, liquid-cooled engine.

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Lexus to enter used car market; first EV to roll out  in India by 2025: PTI
Lexus to enter used car market; first EV to roll out  in India by 2025: PTI

autherAutocar Professional Bureau calendar24 Jul 2023

The company aims to have standalone used car outlets in select cities and is on track to surpass last year's sales vol...

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Tata Punch CNG production commences, launch soon
Tata Punch CNG production commences, launch soon

By By Saptarshi Mondal, Autocar India calendar24 Jul 2023

The Punch will be Tata Motors’ fourth product to get a CNG variant after the Tiago, Tigor and Altroz.

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POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

64.26%

No

 

35.74%

Total Votes : 761