AUTOMOBILE

Specialty chemicals company LANXESS has finalized the sale of its Urethane Systems business to Japan-based UBE Corporation. The transaction, initially announced in October 2024, was completed on April 1, 2025, after receiving approvals from all relevant antitrust authorities. LANXESS secured...

In a significant trend highlighting India's uneven but accelerating transition to electric mobility, Kerala and Delhi have emerged as clear leaders in different electric vehicle segments, according to the latest BNP Paribas research report on India's EV market. Kerala is...

At a time of gloom in most countries, consumer sentiment ticked up in March, according to the latest LSEG-Ipsos Primary Consumer Sentiment Index (PCSI) report. The report indicates that consumer confidence in India has increased by 2.2 percentage points, with...

Ola Electric has announced #HyperDelivery, a new initiative that enables same-day registration and delivery of its vehicles. The pilot program has started in Bengaluru and will be expanded across India in the coming months, the company said. Under this initiative,...

Atlas Copco Tools and Assembly Systems inaugurated its first Smart Factory Innovation Centre in India. Located in Pune, the state-of-the-art facility is designed to showcase cutting-edge technologies that power Smart Integrated Assembly ecosystems and advance Industry 4.0 initiatives. The Innovation...

Honda Motorcycle & Scooter India (HMSI) closed the fiscal year 2024-25 with total sales of 58.31 lakh units, marking a 19% year-on-year growth. The company sold 4,27,448 units in March 2025 alone, comprising 4,01,411 units in domestic sales and 26,037...

Mahindra & Mahindra has emerged as the biggest gainer in India's electric passenger vehicle market, with its market share jumping an impressive 1,046 basis points to reach 15.8% in March 2025, according to the latest BNP Paribas research report on...

The 25% import tariff imposed by the Donald Trump administration on automobiles a week ago went into effect on Wednesday. The tariffs were announced on March 26. Trump had also announced a 25% import duty on foreign-made auto components, used...

Schaeffler India has stepped up efforts to eliminate counterfeit products from the market through raids conducted in Delhi, Mumbai, and Kolkata in collaboration with local authorities. The operations resulted in the seizure of counterfeit products illegally marked with Schaeffler's brands...