Auto Industry News

MBP has made its foray into the Indian market, with the introduction of its first two motorcycles – the M502N, and the C1002V. The brand and the motorcycles have been brought to our shores by Adishwar Auto Ride India Private Limited (AARIPL).

Ross Branch and Sebastian Buhler finished stage 13 of Dakar 2023 among the top ten riders in Rally GP Class.

The hike in pricing is applicable to all models with effect from January 16, 2023.

The world's largest contract chipmaker said its capital expenditure in 2023 would decrease to $32-36 billion from $36.3 billion in 2022.

Wholesale passenger vehicle volumes rose to 235,309 units in December from 219,421 units a year ago, and hit a record high of nearly 3.8 million units for calendar 2022, said SIAM, which records sales to dealers.

At an industry event for customised cars in Chiba, east of Tokyo, the Japanese automaker unveiled two cars of the AE86 generation, one modified as a battery-electric vehicle and the other as a hydrogen-engine model.

Localising cell manufacturing for EV batteries is key to increasing local components in electric cars and will help the automaker develop a local supply chain too, Tata Motors' P.B. Balaji said on the sidelines of India's Auto Expo 2023.

Moto Vault has showcased the Zontes 350 E and 350 D at Auto Expo 2023. We expect them to be launched in India later this year, possibly priced at around Rs. 5 lakh.