Automotive News

India's fuel consumption soared to a seven-month high in December 2023, reaching approximately 20.054 million metric tons, according to data released by the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry. This surge marked a 6.2% increase from November, ...

Home-grown mapping company Genesys has set up an Executive Innovation Board with sectoral experts to advance its map stack. The board includes experts from mobility, e-commerce and logistics, and automotive sectors....

SAIC Motor, China's largest automaker, and JSW Group have signed a joint venture agreement to accelerate the growth of MG Motor in India. The agreement will provide MG Motor with much-needed resources and growth capital, and will also help the company to expand its product lineup and introduce new technologies to the Indian market....

Motilal Oswal believes that the share price of Tata Motors Limited can surge significantly by 31%. The brokerage did a coverage report after interacting with the management team of Tata Motors. Motilal Oswal feels that this large cap automotive company will ...

Sharekhan, a leading stock broking firm has given a neutral view on Globus Spirits, Hold suggestion on Ipca Laboratories and recommended buying Lumax Auto Technologies Limited. Check the details here. Based on the quarter 3 numbers of the three small cap ...

Auto components maker Samvardhana Motherson Automotive Systems Group BV on Monday said it will fully acquire the mirror business of Japan's Ichikoh Industries for an enterprise value of 5.2 billion yen (nearly Rs 300 crore). The group, through its Vision Systems ...