Auto Industry News
IOC To Set Up EV Charging Facilities At 100 Outlets Across Maharashtra
Indian Oil is planning to install around 100 electric vehicle charging points in Maharashtra by the end of this financial year, including five in the Marathwada region.
Petrol Price Slashed By Rs. 3 Per Litre In Tamil Nadu; Retails At Rs. 99.47/Litre In Chennai
Aug 14, 2021 10:20 PM
The tax cut was announced by the Tamil Nadu Finance Minister Palanivel Thiaga Rajan on Friday while presenting the revised Budget for 2021-22 to the Assembly.
Mahindra Inaugurates New 454 Acres SUV Proving Track In Tamil Nadu
Aug 14, 2021 08:43 PM
Mahindra & Mahindra, the home-grown utility vehicle manufacturer today announced inaugurating its new state-of-the-art Mahindra SUV Proving Track (MSPT) in Kanchipuram, Tamil Nadu.
Mass production of Aurus Senat cars starts at Ford Sollers car factory
Aug 14, 2021 03:38 PM
Aurus is Russia's first luxury car brand
Indian Automotive Industry Reacts To The Launch Of The Voluntary Scrappage Policy
Aug 14, 2021 02:29 AM
Here's how the automotive industry reacted to the Voluntary Vehicle Scrappage Policy launch.
Ampere Electric Acquires Stake In Electric Three-Wheeler Maker MLR Auto
Aug 13, 2021 11:23 PM
Ampere Electric intends to expand its operations in electric last-mile mobility ecosystem by investing over Rs. 18 crore in MLR Auto.
Tata Motors Partners With Gujarat Government To Set Up Vehicle Scrapping Facility In Ahmedabad
Aug 13, 2021 10:34 PM
Tata Motors has signed a Memorandum of Understanding (MoU) with the Government of Gujarat and will set up a vehicle scrapping centre in Ahmedabad under the rules of the scrappage policy.
Royal Enfield's Parent Company Eicher Motors Reports PAT Of Rs. 237 Crore In Q1FY22
Aug 13, 2021 09:31 PM
Eicher Motors Limited, the parent company of Royal Enfield, reported a total revenue of Rs. 1,974 crores, while the Profit After Tax (PAT) stood at Rs. 237 crores as compared to a loss of Rs. 55 crores that was reported in the Q1 of FY 2020-21.
Tesla Asked To Share India Plans Before Getting Tax Breaks
Aug 13, 2021 09:12 PM
Tesla Inc. is the most valued automotive manufacturer in the world and the company wrote to the government of India on getting tax breaks. But the government has asked Tesla to increase localisation and share plans for India market, before it offers tax breaks, if it will.
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