Passenger vehicle sales surge to record high in February

Passenger vehicle sales surge to record high in February: SIAM

The Indian automobile industry registered record passenger vehicles sales, which includes cars and SUVs, in February this year along with a strong growth in the three-wheeler segment, according to data from the Society of Indian Automobile Manufacturers (SIAM) released on Thursday. Mar 13, 2025
Ola Electric misses cell manufacturing deadline at its Gigafactory

Ola Electric's Gigafactory misses cell manufacturing deadline

Ola Electric has missed its cell manufacturing deadline at its Gigafactory. Amidst a series of challenges, including job cuts, the company has been unable to initiate cell manufacturing operations as planned. The company's inability to meet the deadline was revealed in a stock exchange filing. Mar 5, 2025
Kia to launch compact SUV 'Syros' in India next year

Kia's compact SUV 'Syros' to debut in India in 2025

Kia, South Korea's second-largest carmaker, is set to launch its compact SUV 'Syros' in India next year. Kia, the maker of K5 sedans and Sorento SUVs, unveiled the new model for the first time in India on Sunday.The Syros SUV will be available in two trims, one with a 1.0-liter gasoline turbocharged engine and the other with a 1.5-litre diesel engine, as per the company's press release. Dec 22, 2024
Hyundai AutoEver, MapmyIndia establish navigation map joint venture

Hyundai AutoEver teams up with MapmyIndia to launch Navigation Mapping Venture

Hyundai AutoEver, the IT affiliate of Hyundai Motor Group, has joined forces with India's MapmyIndia. The strategic partnership aims to establish a joint venture named Terra Link Technologies. This venture is set to develop high-quality automotive navigation maps for Southeast Asia, a region experiencing rapid economic growth and a sharp rise in vehicle demand. Dec 16, 2024