Parth Jindal, Managing Director of JSW Group, expressed confidence that Tesla’s entry into India would significantly boost the country’s electric vehicle (EV) market. Jindal, during an interview with CNBC-TV18, emphasised the importance of increasing EV penetration and welcomed more competition in the sector. “India is waiting for Tesla to come in; I’m waiting for Tesla … Read more
Shares in Chinese automaker BYD jumped on Tuesday after it unveiled plans to unroll advanced self-driving technology on nearly all its cars, including budget models priced below $10,000. The company also said it would integrate AI startup Deepseek’s software into its cars, following domestic peers such as Geely, Great Wall Motors, and Leapmotor. BYD is … Read more
Maruti Suzuki has set April 1, 2025 as the appointed date for its merger with Suzuki Motor Gujarat (SMG). The company announced this decision on February 11, 2025. Company Value Change %Change Suzuki Motor Corporation (SMC) confirmed that Maruti Suzuki India Limited (MSIL) resolved to merge with SMG during its Board of Directors meeting on … Read more
India’s lower export volumes compared to other global markets mean it will not be as affected by potential US tariffs, according to Anish Shah, Group CEO and MD of Mahindra Group. “This is the time for India to really focus on manufacturing and ‘Make in India’. And as we do that, we will have more … Read more
Ola Electric Mobility could reach a monthly sales run-rate of 50,000 units within the next six months, a key step toward breaking even at the earnings before interest, taxes, depreciation, and amortisation (EBITDA) level. Chairman and Managing Director Bhavish Aggarwal is hopeful about reaching this target with the launch of its third-generation scooters (Gen 3) … Read more
Overdrive is at the second edition of the Bharat Mobility Expo 2025, bringing you all the buzz from Auto Expo 2025. This year’s event has been a showcase of innovation and electrification, with major automakers unveiling their latest offerings. Maruti Suzuki e-Vitara Steals the show Maruti Suzuki has made a bold entry into the electric … Read more
President Donald Trump’s tariffs against Canada and Mexico will threaten production at automakers across North America and send record vehicle prices even higher, with about a quarter of a trillion dollars in trade set to be disrupted. Trump on Saturday followed through on his warning to impose 25% tariffs on imports from the two countries, … Read more
Kia is making a strong and aggressive push in the Indian market, particularly in the compact SUV segment, with its eye-catching and distinctive Syros. The Syros marks a bold departure from conventional designs, featuring angular styling that radiates confidence. Geometric elements are present throughout the vehicle, including on the alloy wheels, lending a touch of … Read more
Skoda Auto Volkswagen India has moved the Mumbai High Court against a $1.4 billion tax demand issued by Indian authorities. The company confirmed to CNBC-TV18 that it is availing itself of all legal remedies in response to the Show Cause Notice, as permitted under the law. The story was first reported by Reuters. In a … Read more
As we move into the second week of February, the Indian automotive industry remains abuzz with exciting new car launches. Kia India has introduced the much-anticipated Syros SUV, while MG Motor has unveiled its futuristic Cyberster electric sports car. Meanwhile, Audi India has made headlines announcing the updated RS Q8 Performance. Let’s take a closer … Read more