Maruti Suzuki Says no Immediate Impact from China’s Rare Earth Magnet Export Curbs: Reuters

Maruti Suzuki Says no Immediate Impact from China’s Rare Earth Magnet Export Curbs: Reuters

India's largest automaker, Maruti Suzuki, stated on Monday that China's new export restrictions on rare earth magnets have not immediately affected its production operations, though the company acknowledged ongoing discussions with government officials about the developing situation. According to Reuters,...
Tesla Not Interested in Manufacturing in India: Heavy Industries Minister Kummaraswamy

Tesla Not Interested in Manufacturing in India: Heavy Industries Minister Kummaraswamy

As the government rolled out the much-awaited guidelines of the scheme to promote the manufacturing of electric cars in India, Minister of Heavy Industries H.D. Kummaraswamy said Tesla is not interested in manufacturing cars in India at the moment. "We...
Continental to End Truck Tyre Production in India, Focus on Passenger Vehicle Market

Continental to End Truck Tyre Production in India, Focus on Passenger Vehicle Market

Continental has announced on June 2, 2025, that it will discontinue the truck and bus radial (TBR) tyre manufacturing at its Modipuram plant in Meerut, Uttar Pradesh, effective June 2025. The company will redirect its focus exclusively to passenger car...
Mercedes-Benz, Volkswagen, Hyundai, Show Interest in India’s Electric Car Manufacturing Scheme

Mercedes-Benz, Volkswagen, Hyundai, Show Interest in India’s Electric Car Manufacturing Scheme

Global automakers including Mercedes-Benz, Volkswagen, Skoda, Hyundai, and Kia have formally expressed interest in India’s scheme to promote the manufacturing of electric passenger cars, according to Minister of Heavy Industries HD Kumaraswamy. “Mercedes-Benz, Volkswagen, Skoda, then Hyundai and Kia —...
Cooper Corporation Begins Export of Clean Energy Engines to USA and Japan

Cooper Corporation Begins Export of Clean Energy Engines to USA and Japan

Satara-based Cooper Corporation has commenced exports of its gas-powered gensets to international markets, starting with bulk consignments to the United States and Japan. The company’s 10 kVA and 25 kVA gensets, certified by the US Environmental Protection Agency (EPA), are...
Renault India Launches Discovery Days with Offers and Customer Engagement Activities

Renault India Launches Discovery Days with Offers and Customer Engagement Activities

Renault India, a wholly owned subsidiary of the French automaker Renault Group, has announced the launch of its ‘Discovery Days’ campaign, to be held nationwide from June 6 to June 16, 2025. The initiative is aimed at encouraging customer engagement...
Toyota Kirloskar Motor Launches Neo Drive 48V Variants for Fortuner and Legender

Toyota Kirloskar Motor Launches Neo Drive 48V Variants for Fortuner and Legender

Toyota Kirloskar Motor announced the launch of Neo Drive 48V variants for its Fortuner and Legender models on June 2, 2025, in Bangalore. The new variants feature segment-first 48-volt hybrid technology designed to deliver improved fuel efficiency and enhanced driving...
‘EV scooter growth is outpacing ICE scooters’: Rakesh Sharma

‘EV scooter growth is outpacing ICE scooters’: Rakesh Sharma

Bajaj Auto’s ED Rakesh Sharma shares exclusive insights into the current state of the auto industry from geopolitical challenges and shifting consumer behavior to festive demand patterns and regional growth disparities. Sharma talks about the accelerating adoption of EVs, with...
Hyundai Motor India Launches New Marketing Campaign with Actor Pankaj Tripathi

Hyundai Motor India Launches New Marketing Campaign with Actor Pankaj Tripathi

Hyundai Motor India Limited announced the launch of its new marketing campaign titled "Listen to your Dil or the Deals. You will bring home a Hyundai!" on June 2, 2025. The campaign features actor Pankaj Tripathi, who serves as the...
Taxing Strong Hybrids Like Petrol Vehicles Is Unfair: Maruti Suzuki’s Rahul Bharti

Taxing Strong Hybrids Like Petrol Vehicles Is Unfair: Maruti Suzuki’s Rahul Bharti

Maruti Suzuki has called for a rethink of India’s tax policy on strong hybrid vehicles, arguing that taxing them at 43%—around the same rate as petrol and diesel vehicles—is unfair, particularly when electric vehicles (EVs) benefit from a much lower...
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