Auto Industry News

The Ministry of Road Transport and Highways on Tuesday said it has issued a notification to exempt battery operated vehicles from the payment of fees for issue or renewal of registration certificate.

Electric vehicle sales at China's Li Auto and Xpeng Inc more than tripled in July from a year ago, while they doubled at Nio Inc, helped by robust demand for new energy automobiles in the world's biggest auto market.

Just days after appointing new business heads for the Citroen and Jeep brands in India, Stellantis, the multinational automotive corporation formed with the merger of FCA and Groupe PSA, has now made several new leadership appointments in India.

As a part of this collaboration, the Omega Seiki Mobility will invest Rs. 100 crore in the state, and will also be creating 10,000 jobs in the next two years in Ghazipur.

Daimler India Commercial Vehicles (DICV), the maker of BharatBenz Trucks and Buses has announced appointing Anshum Jain as the new Chief Operating Officer (COO). Jain, who until recently served as the Chief Operating Officer of Wirtgen Group, the subsidiary of John Deere, before joining DICV.

In July 2021, Mahindra's Farm Equipment Sector sold 25,769 tractors in the domestic markets, witnessing a growth of 5 per cent compared to 24,463 units sold in July 2020.

Renault India has announced commencing exports of its subcompact SUV, the Renault Kiger, to South Africa. The company has despatched the first batch of 760 Kiger SUVs from the Chennai Port.

Jaguar Land Rover (JLR) has begun accepting bookings for the new Jaguar F-Type R-Dynamic Black variant in India. The new special edition variant of the sports car will be sold in India, powered by a 5.0-litre supercharged V8 engine.