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JK Tyres eyeing funds for Rs 1,100 crore investment plan

autherAutocar Professional Bureau     calendar07 Aug 2023

The company had raised Rs 240 crore in March from IFC, a part of the World Bank Group, with a focus on investments in the private sector in emerging markets such as India. The focus is now to get more such investments in the coming months. ...

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India poised to become a global hub for automotive component manufacturing

By Mayank Dhingra and Ketan Thakkar calendar07 Aug 2023

The firm 'China+1' de-risking strategy of automakers and the ease of technology adaptation of automotive component man...

Tata Motors partners with South Indian Bank to offer an exclusive financing programme for authorised passenger EV dealers

autherAutocar Professional Bureau calendar07 Aug 2023

This tie-up also involves providing comprehensive retail financing solutions to cater to the needs of customers.

RAMP Global and IIISLA to digitise automotive insurance claim reporting and management in India

autherAutocar Professional Bureau calendar07 Aug 2023

The aim is to help insurance surveyors to experience a swift, transparent and precise claim-handling process, the pres...

MG Motor India and Prestige Group join hands to strengthen Community EV charging infrastructure in Bengaluru

autherAutocar Professional Bureau calendar07 Aug 2023

MG Motor India aims to boost sustainable mobility by introducing MG Comet EV and MG ZSEV to Prestige Group, where the ...

India’s component industry records best-ever turnover of Rs 560,000 crore, grows 33% in FY2023

autherAutocar Professional Bureau calendar07 Aug 2023

Riding on strong domestic market vehicle sales of 21.20 million units, a robust aftermarket and steady exports despite...

Maruti Suzuki No. 1 SUV maker in July, Nexa sales outpace Hyundai to take No. 2 PV rank

By Ketan Thakkar  calendar07 Aug 2023

Surging demand for its SUVs sees Maruti Suzuki sell 42,620 units, taking it ahead of Mahindra & Mahindra; premium Nexa...

Webasto integrates sensors into panoramic sunroof for autonomous mobility

autherAutocar Professional Bureau calendar07 Aug 2023

To ensure reliable 360deg monitoring of the surroundings, Webasto has developed a prototype Roof Sensor Module that co...

Audi India opens its 24th pre-owned car showroom in Noida

autherAutocar Professional Bureau calendar07 Aug 2023

Luxury carmaker, which is seeing strong growth both in its new car and pre-owned car businesses, continues retail netw...

Successful launch of Grand Vitara and Invicto has proven Maruti Suzuki can sell high priced vehicles, says MD Hisashi Takeuchi

By Ketan Thakkar calendar06 Aug 2023

With fast-changing market preferences, the company’s efforts are focused towards making systems, processes and facilit...