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Auto News

Kia to open bookings for Seltos from July 16
Kia Seltos will be the automaker's first car in India and it will come with a total of 37 connected features available through the UVO connect system.

Rainy days: Slowdown to further decelerate automobile production
Apart from the slowdown, a weak Monsoon, inventory pile-up and stock management of BS-IV vehicles vis-a-vis BS-VI will hamper any production growth.

Opinion: Future is electric- Sustainable, affordable and technology driven mobility for every Indian
​​The Indian government has set the 30 by 30 target – hopefully we will see 30% of e-vehicles by year 2030 on Indian roads.

Nearly 4 lakh e-vehicles in India, half of them in UP and Delhi
In a written reply, Union road transport minister Nitin Gadkari has informed the LoK Sabha that Uttar Pradesh has 1.39 lakh registered electric vehicles followed by nearly 75,600 in Delhi. Karnataka has third highest number of registered e-vehicles and Maharashtra comes next.

Ceat lines up Rs 3,500 crore capex to ramp up production capacity
The RPG Enterprise flagship firm said it has already put in capital to expand its Halol plant.

M&As halve to $34bn so far this yr on slowing economy
Inbound deals were down 53% to $12 billion, while outbound transactions halved to $1.4 billion in January through June 2019, according to Mergermarket. Private equity buyouts declined 46% to $4 billion across 42 deals.

What's giving tough times to the unique auto market of Goa?
The coastal city is a unique market for not being a local resident-driven but tourist driven. It has the highest vehicle penetration with the number of tourists being five times the local population. Due to various factors, the market has seen massive drop in demand of automobiles in the last two years.

Want to create local ethanol economy of Rs 2 lakh crore, says Nitin Gadkari
According to Gadkari, India has robust back up of large sugarcane farms to support the production of ethanol feedstocks.

Women are a largely underutilized resource in automotive sector: Study
Deloitte forecasts a shortfall that will leave approximately 2.4 million US manufacturing jobs vacant through 2028 and beyond, while competition for talent is likely to increase.

Tata Group to set up Rs 4,000cr lithium-ion battery plant
Shivhare said that the ultimate manufacturing capacity would be 10 giga watts (GW).

India-born exec to head Audi India
Balbir Singh Dhillon, an industry veteran who has spent nearly 12 years in the Volkswagen group, will take charge of the company, replacing German born Rahil Ansari, who is moving to the group’s global headquarters in Germany, nearly six months ahead of the usually-stipulated three-year term. Dhillon is currently the head of dealer development of Audi in India.

Auto industry to conduct study on EV migration, to discuss with government
Niti Aayog had asked the industry to come back within two weeks with concrete steps towards the transition but manufacturers had stated they would need a minimum of four months to work on the same.