The Ministry of Defence, on Friday, entered into a $248 million agreement with Russia’s Rosoboronexport (RoE), according to a PIB report. This contract covers the purchase of 1000 horsepower engines for the Indian Army’s T-72 tanks, as confirmed by the deal’s terms. The engines will be delivered in three forms- fully assembled, completely disassembled, and … Read more
Mahindra and Mahindra, an Indian automaker, reported producing 81,302 vehicles in February 2025, an increase from 73,643 units in February 2024, according to its regulatory filing. The company sold 80,641 units, up from 71,384 units the previous year, while exports rose from 1,539 units to 3,061 units. According to the company, these numbers include sales … Read more
1 / 12 New Concept Revealed: Volkswagen has introduced the ID.Every1 concept after months of hints. It shows off the company’s cheapest electric vehicle, planned for 2027. Volkswagen describes it as built “from Europe for Europe.” The ID.Every1 follows in the footsteps of the Up, replacing the e-Up! discontinued in 2023. It will be the … Read more
Tesla’s ambitious entry into the Indian market is poised to face significant hurdles due to the nation’s price-sensitive consumer base, according to auto industry expert Arun Malhotra, former Managing Director of Nissan-India. This assessment comes amidst escalating trade tensions between India and the United States, with both nations engaging in crucial bilateral trade talks. “Even … Read more
Tesla Inc.’s registrations plummeted in Germany last month as Chief Executive Officer Elon Musk irked voters taking part in the country’s closely contested federal election. Sales plunged 76% to 1,429 cars, according to the German Federal Motor Transport Authority. Tesla’s showing was in stark contrast with overall electric vehicle registrations, which jumped 31% in February. … Read more
Sajjan Jindal, chairman of JSW Group, made a bold assertion about India’s automobile industry, declaring that local players hold the advantage over global giants like Tesla at the EY Entrepreneur of the Year awards. “I’m putting my heart and soul into the auto business, and I’m 100% sure it will be super successful; there’s nothing … Read more
India is becoming a key global manufacturing hub, driven by shifting supply chains, says Jim Voss, Global CEO of Tenneco. In an interview with CNBC-TV18, Voss highlighted India’s cost advantages, skilled workforce, and technological capabilities as vital to Tenneco’s growth. The company has invested heavily in India, with 19 manufacturing facilities and over 12,000 employees. … Read more
The automotive components industry must enhance skilling efforts and increase spending on Research and Development (R&D) to sustain long-term growth, according to Shradha Suri Marwah, President of the Automotive Component Manufacturers Association (ACMA) and CMD of Subros. With vehicle composition evolving and new components emerging in the electrical and electronics space, the industry has several … Read more
Hyundai Motor India Ltd (HMIL) has introduced new variants and enhanced features for its popular mid-size SUV, the Hyundai Creta. The latest lineup now includes two new trims—SX Premium and EX (O)—offering upgraded technology and comfort features. The SX Premium variant comes equipped with ventilated front seats, a powered driver’s seat, and leatherette upholstery. It … Read more
1 / 9 New Autonomous Speed Record Set: A driverless Maserati MC20 Coupe achieved a new autonomous speed record at 197.7 mph (318 km/h). The event occurred at the Kennedy Space Center in Florida. Politecnico di Milano and the Indy Autonomous Challenge developed the car, marking a key advancement in autonomous driving technology at high … Read more