Auto Industry News

Foxconn's Singapore unit has acquired 4.08 million shares in Foxconn Hon Hai Technology India Mega Development Private Limited for $500 million (Around Rs. 4100 Crore).

Mahindra Design was nominated in four categories, including Best Exterior Design Team, Best Interior Design Team, Best CMF Team, and the winning category, Best Branding Team.

Le Masson played a key role in the launch of the Hero XPulse 200, and the development of the updated XPulse 200 4V. He has been involved in the development of the upcoming Hero XPulse 400 as well.

Lamborghini had already said that the deliveries for the Huracan Sterrato in India will begin from Q3 of 2023, so we wait to see how many of these cars come to India.

The mobility firm will showcase new electric two- and three-wheelers at the upcoming Expo.

The charging stations will be co-branded as "Park+ EV Zones powered by Exponent" and will be deployed across high-demand public spaces.

Cumulative industry sales stood at 23,80,465 units, with FADA calling it the industry’s best figures with March 2020 being an exception.

Shenu Agarwal, who was the former President of Escorts Kubota, joins Ashok Leylands MD & CEO with immediate effect. He succeeds Vipin Sondhi as the company’s top boss, who resigned from the company back in November 2021.