By Kamal Swami
Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors Ltd, and Ford India Private Limited (FIPL), have today signed a Unit Transfer Agreement (UTA) for the acquisition of FIPL’s manufacturing plant situated at Sanand, Gujarat, which inter-alia includes: (i) entire land & buildings; (ii) Vehicle Manufacturing.... [Read More]
By Kamal Swami
The auto industry hasn’t come out from the havoc of the global pandemic COVID-19, a decline in the supply of semiconductor chips, and the Russia-Ukraine conflict, one more threat has started emerging in the sky. The recent visit of US House Speaker Nancy Pelosi to Taipei has further fired the tensions between China and Taiwan. If the.... [Read More]
By Manoj Kumawat
With the increasing supply of semiconductor chips, automakers across the country have started increasing their production units. This has helped in improving their sales figures. According to the latest sales statistics revealed by the major carmaker in the country for July 2022, the Indian carmaker Tata Motors and the Japanese carmaker Toyota.... [Read More]
By Kamal Swami
Hyundai Motor Group (The Group) presented the HMG Smart City master model at the 2022 World Cities Summit in Singapore on August 1, 2022. The model represents the Group’s vision for smart cities and illustrates how it will empower them with sustainable and smart mobility solutions. The model will serve as a guideline for developing smart.... [Read More]
By Manoj Kumawat
Keeping the vision of a clean & green environment alive and supported by its move toward sustainable transportation, Tata Motors today announced its partnership with EC Wheels India Pvt. Ltd. (an Associate of Steelman Group), an app-based urban transportation service in Kolkata to deploy 1,000 XPRES T Electric sedans for cab transportation..... [Read More]
By Kamal Swami
The domestic carmaker Mahindra and Mahindra has started receiving the bookings of its highly awaited Scorpio-N SUV from July 30, 2022. According to company sources, it received more than 1,00,000 bookings in just thirty minutes and created a new record. This helped the company to garner a profit of Rs 18,000 crore in half-hour. The company will.... [Read More]
By Kamal Swami
According to recent reports from the Indian car market, Honda Cars India Limited, the Indian alliance of Japanese car maker Honda Motors is going to discontinue three of its best-selling cars in India. Reports reveal that the three cars including the Jazz, WR-V, and the fourth generation of City will be no more part of the company’s.... [Read More]
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