Auto Industry News

The new Mahindra Bolero Neo Limited Edition model will be based on the top-spec N10 trim. The model also comes with a few new features like – dual-tone faux leather upholstery, rear parking camera, and roof rails among other offerings.

During the quarter that ended on December 31, 2022, the company's profit after tax (PAT) stood at Rs. 352.75 crore. Compared to the Rs. 288.31 crore PAT reported during the same October to December period in 2022, the company witnessed a growth of 22 per cent year-on-year.

Maruti Suzuki India suspects a possible defect in rear seat belt mounting brackets, which in a rare case, may loosen in the long run and impact its functionality.

This is the second recall issued by Toyota India in the month, with the last one being issued due to a possible problem with the airbag controller.

Limited to just 100 units, the Tawang Edition will be exclusive to the Northeastern states.

The new Mercedes EQA electric sedan is likely to be built on the new MMA platform and is expected to launch by 2024.

The recall affects units of the Glanza and Urban Cruiser Hyryder manufactured between December 2022 and January 2023 have been affected.

Maharashtra has entered a $2.5 billion (Rs. 20,000 Cr.) partnership with Gogoro Inc. and Belrise Industries Ltd. to build EV battery-swapping and charging stations in the state.