Auto Industry News

He said, "For true localisation in India, we need to strongly focus our efforts on setting up Infrastructure to enhance sub tier downstream value chain, Hyundai India MD and CEO S.S. Kim said at the ACMA event.

KTM India is offering free warranty extension, roadside assistance on KTM and Husqvarna bikes, as KTM India marks 10 years of operations.

Mahindra First Choice Wheels Limited (MFCWL), the used car business of Mahindra and Mahindra, has launched 75 new franchise stores across India on a single day.

Refiners have ramped up production to 92.4% of operable capacity, the highest since late June, helping send U.S. crude inventories to the lowest since January 2020.

India, the world's fourth largest LNG importer, wants to raise the share of natural gas in its energy mix to 15% by 2030, from the current 6.2% to cut emissions.

Audi has announced that from 2026, it would only launch vehicles that are equipped with electric drive systems. Additionally, it will also gradually phase out the production of its internal combustion engines (ICE) between now and 2033.

India is open to discussing a change in tax rates on automobiles, the country's revenue secretary said on Wednesday, indicating receptiveness over negotiation on a long-standing request from automakers for lower taxes.

ReadyAssist, the roadside assistance (RSA) startup, has announced entering a partnership with DriveU, an app-based private driver service provider. Under the new partnership, customers using the DriveU will now be able to buy ReadyAssist's Roadside Assistance packages directly from the former's mobile application.