Auto Industry News

Magenta To Hire Over 340 New Employees In 2022 As Part Of Expansion Plan
The hiring announcement is part of the company's expansion plan, which will see Magenta grow its geographical presence with new offices in Bengaluru, Hyderabad and Delhi NCR. It is looking for a variety of positions, including entry-level, mid-level, and experienced candidates.

Mumbai's BEST To Acquire 2,100 Electric Buses In Rs 3,675 Crore Order
May 24, 2022 04:40 PM
Brihanmumbai Electric Supply & Transport (BEST) to acquire new e-buses from Hyderabad based Olectra Greentech

PM Modi Meets Suzuki Advisor Osamu Suzuki, Discuss Investment, Innovation For India
May 23, 2022 09:34 PM
PM Modi also recalled Suzuki's association and contribution to India and appreciated the transformational role of Suzuki Motors in the automotive industry of India.

Mahindra To Explore More Partnerships For EV Parts
May 23, 2022 07:55 PM
Mahindra will explore sourcing more components from other companies to boost its EV portfolio.

Hyundai Invests $ 5.54 Billion In New EV Plant and Battery Manufacturing Facility In The U.S.
May 23, 2022 06:48 PM
The new EV plant and battery manufacturing facilities from Hyundai represent an investment of approximately USD 5.54 billion and will break ground in early 2023.

These States Have Further Reduced Petrol, Diesel Prices After Centre's Excise Duty Cut
May 23, 2022 06:33 PM
Following the reduction of central excise duty a few states have now additionally announced a reduction of VAT (Value Added Tax) on petrol and diesel, namely Maharashtra, Kerala, and Rajasthan.

Bugatti Bolide Wins Design Award At 2022 Concorso D'Eleganza Villa D'Este
May 23, 2022 06:12 PM
Bugatti's prototype track car was on display at the 2022 Villa d'Este and took home the Design Award in the concept car class.

Tata Motors, Tata Power To Install 7 MWp Solar Rooftop Expansion Project In Pune
May 23, 2022 05:53 PM
This is the third phase of a joint 17 MWp on-site solar project developed by the two firms, of which a 10 MWp was installed earlier.

Mercedes To Shift Focus To Higher Luxury Car Segments; Introduces New Mythos Brand
May 23, 2022 04:41 PM
Mercedes says it plans to reshape its product portfolio with a greater focus on top-end and core luxury models.

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