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Tata Punch is India’s No. 1 SUV in April-June 2024, Hyundai Creta and Maruti Brezza on podium

Ajit Dalvi     calendar13 Jul 2024

The utility vehicle segment continues to buffer the slowdown in hatchback and sedan demand and accounted for 63% of PV sales. The compact SUV segment, with six models in the Top 10 UV ranking in Q1 FY2025, is led by the Tata Punch. New Hyun...

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No special worker share allocation for Indian employees in Hyundai IPO: Report News
No special worker share allocation for Indian employees in Hyundai IPO: Report

autherAutocar Professional Bureau calendar12 Jul 2024

Hyundai has no intention of earmarking shares by way of an employee quota, but the company has agreed to try and addr...

Volvo CE brings Korean undercarriage parts makers to set up base in India News
Volvo CE brings Korean undercarriage parts makers to set up base in India

By Shahkar Abidi calendar12 Jul 2024

These manufacturers will be supplying not only to Volvo but also other players in the market, Dimitrov Krishnan, Manag...

From R&D incentives to EV infrastructure: What auto components industry expects from Budget 2024 News
From R&D incentives to EV infrastructure: What auto components industry expects from Budget 2024

By Prerna Lidhoo calendar12 Jul 2024

ACMA's recommendations to the government include incentivising capital expenditure, revising depreciation rates on pla...

From R&D incentives to EV infrastructure: What auto components industry expects from Budget 2024 News
From R&D incentives to EV infrastructure: What auto components industry expects from Budget 2024

By Prerna Lidhoo calendar12 Jul 2024

ACMA's recommendations to the government include incentivising capital expenditure, revising depreciation rates on pla...

Car and sedan sales down 17% in April-June 2024, Toyota sole OEM to register growth Analysis Sales
Car and sedan sales down 17% in April-June 2024, Toyota sole OEM to register growth

By Ajit Dalvi calendar12 Jul 2024

At 341,293 units sold in Q1 FY2025, demand for hatchbacks and sedans continues to slide. All but one of the nine carma...

Zapp partners with Bounce Infinity to make scooters at Bhiwandi plant News
Zapp partners with Bounce Infinity to make scooters at Bhiwandi plant

autherAutocar Professional Bureau calendar12 Jul 2024

Partnership aims to support Zapp’s entry into the Indian market and accelerate the assembly and distribution of Zapp’s...

Zapp partners with Bounce Infinity to make scooters at Bhiwandi plant News
Zapp partners with Bounce Infinity to make scooters at Bhiwandi plant

autherAutocar Professional Bureau calendar12 Jul 2024

Partnership aims to support Zapp’s entry into the Indian market and accelerate the assembly and distribution of Zapp’s...

SIAM expects push for rural economy, scrappage incentives in Union Budget News
SIAM expects push for rural economy, scrappage incentives in Union Budget

By Mayank Dhingra  calendar12 Jul 2024

The industry body representing automotive OEMs says fiscal measures that stimulate the rural economy will augur well f...

SIAM expects push for rural economy, scrappage incentives in Union Budget News
SIAM expects push for rural economy, scrappage incentives in Union Budget

By Mayank Dhingra  calendar12 Jul 2024

The industry body representing automotive OEMs says fiscal measures that stimulate the rural economy will augur well f...