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Hero Motors files draft papers for Rs 900-crore IPO, may consider pre-IPO fundraising
The company may consider a pre-IPO placement of Rs 100 crore. If this placement is completed, the f…
EV sales expected to grow by over 65% in 2024, double its overall market share
Indian EV makers had a great year in 2023, nearly doubling their sales compared to 2022, despite th…
Global automakers scale back electric vehicles, turn towards hybrids
Global electrification, previously driven by strong electric vehicle sales, is now showing signs of…
Auto stocks recover after Gadkari clarifies his '10% additional GST on diesel vehicles' comment
The auto index, Nifty Auto, recovered from its 400 point or approximately 2.5% fall after Union M…
JSW Group and SAIC Motor’s JV ‘JSW MG Motor India’ set to up production to 3 lakh vehicles a year with a new car every 3-6 months
Chinese auto giant SAIC Motor and Indian conglomerate JSW Group have partnered to launch a new join…
Budget 2024: Three things the insurance sector want from FM Sitharaman this budget.
At present, individuals aged below 60 can claim an annual deduction of up to Rs 25,000 towards heal…
General Motors is using Costco to help it sell more EVs
General Motors partners with Costco to sell EVs through its Auto Program, which offers members disc…
Tom Carter
Budget 2024 Expectations: FAME scheme, aid for vehicle scrapping and other expectations of the auto industry
The auto industry eagerly awaits Budget 2024 with expectations like FAME 3 scheme, incentives for h…
New EV Policy: Elon Musk’s Tesla may soon enter India as import taxes slashed for electric vehicles
In what may come as a big boost to Tesla’s plans to enter India, the Indian government has announce…
Tata Motors Q4 consolidated net profit jumps over 3-fold at ₹17,528.59 crore
Total consolidated revenue from operations stood at Rs 1,19,986.31 crore, as compared to Rs 1,0…
PTI
Electrifying auto market: Planning to buy an EV, compare their price with petrol, diesel and CNG variants
Electric Vehicles (EVs) are here to take over the auto market. In the US, this growing trend is clo…
Tata Motors total vehicle sales rise to 81,069 units in January
Domestic vehicle sales were up 10 per cent at 79,681 units in the previous month over 72,485 units …
PTI
After languishing since FY19, two-wheeler growth to outpace passenger vehicles in FY24-25
The future looks brighter for India’s two wheeler makers who have seen a volume decline of nearly 3…
Tamil Nadu government is upset about losing money on luxury cars
The Tamil Nadu government recently released a white paper — and the state’s Finance Minister Palan…
Confident of achieving 13,814-km highway construction target this fiscal: Road secy
The Ministry of Road Transport and Highways (MoRTH) is confident of achieving the highways construc…
PTI
Tata Motors acquires Ford’s manufacturing plant in Gujarat for ₹726 crore
Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors, on Monday announced …
Maruti, Tata, Hyundai and others to give a big push to India’s electric vehicle boom with at least $5 billion in investment in the next six years
Companies like MG Motors, Tata Motors and many others have already laid out their plans to invest a…
TVS Motor Q1 net profit jumps 46% to ₹468 crore, revenue up 20%
TVS Motor Company on Monday posted a 46% jump in its first quarter net profit at ₹468 crore, compar…
Tata Technologies IPO: The price is right say analysts
The initial public offer (IPO) of Tata Technologies is opening its subscription alongside four othe…
Tata Technologies IPO to open on November 22, price band fixed at ₹475-500
Tata Technologies’ ₹3,042 crore initial public offer (IPO) will open for subscription on November 2…