Auto Industry News

Suzuki, Skydrive Sign Deal To Develop, Market Flying Cars; Initial Focus On India
In a joint statement, the two companies said they will also work to open up new markets with an initial focus on India, where Suzuki's subsidiary, Maruti Suzuki, has a roughly half share of the auto market.

Yamaha Motor's Shared Mobility Platform MBSI Forays Into 4-Wheeler EV Segment
Mar 23, 2022 05:59 PM
Yamaha's Moto Business Service India (MBSI) has partnered with Bengaluru-based Malbork Technologies to foray into the 4-wheeler EV segment. MBSI provides services to tech startups that focus on the shared mobility space in the country.

Income Tax Department Conducts Raids At Hero MotoCorp Chairman Pawan Munjal's Office And Residence
Mar 23, 2022 05:00 PM
The Income Tax Department has conducted raids on Dr Pawan Munjal's residence and office in Delhi and Gurgaon respectively. More details to follow.

Paris Taxi Driver Files Lawsuit Against Tesla After Fatal Crash
Mar 23, 2022 04:02 PM
A Paris taxi driver whose Tesla Model 3 crashed in December, killing one person, has filed a legal complaint against the U.S. carmaker, his lawyer said.

India Can Serve As Hub For Affordable EVs In Future, Says Skoda Auto CEO
Mar 23, 2022 05:00 AM
Skoda Auto CEO Thomas Schafer has said that India can play a strong role within the global markets of the Volkswagen Group, including serving as a hub for affordable electric vehicles in future.

Quiklyz Partners With BluSmart To Provide 500 Electric Vehicles On Lease
Mar 22, 2022 11:36 PM
Under the new partnership, Quiklyz will provide a customised lease for up to 500 electric vehicles to BluSmart, which will be added to the latter's EV fleet. BluSmart will deploy the vehicles in the Delhi NCR region, where its services are currently active.

SC Permits Registration Of BS-VI Light And Heavy Diesel Public Utility Vehicles
Mar 22, 2022 09:35 PM
A bench of Justices L Nageswara Rao and B R Gavai directed that the authorities should not insist on the production of court orders for the registration of vehicles in this category.

Cost Of EVs To Be At Par With Petrol-Run Vehicles In 2 Years: Nitin Gadkari
Mar 22, 2022 09:22 PM
Union Minister for Road Transport and Highways, Nitin Gadkari has said that the rapid strides in technology and green fuel will reduce the cost of electric automobiles, bringing them at par with petrol-run vehicles in the next two years.

Tata Motors To Hike Commercial Vehicle Prices By Up To 2.5% From April 1
Mar 22, 2022 08:54 PM
Tata Motors has said that its commercial vehicle prices will go up to 2 to 2.5 per cent, depending upon individual models and variants. The new prices will come into effect from April 1, 2022.

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