Auto Industry News
Toyota To Cut Global Production Plan By 1,00,000 In June
Toyota will cut its global production plan by about 1,00,000 to roughly 8,50,000 vehicles in June due to the semiconductor shortage.
Hyundai Motor Group To Invest $50 Billion In S.Korea Through 2025
May 24, 2022 11:13 PM
Hyundai Motor Group plans to invest 63 trillion won ($49.86 billion) in South Korea through 2025 to strengthen its competitiveness in different business fields
BMW Reveals Special Edition M3, M4 Edition 50 Jahre; India launch soon
May 24, 2022 09:19 PM
The limited production models are offered with hisotrical-inspired BMW M colour options.
Magenta To Hire Over 340 New Employees In 2022 As Part Of Expansion Plan
May 24, 2022 08:21 PM
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.
Upcoming Launches
