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Hyundai bets on India, to double investment in manufacturing and EVs
Increased manufacturing prowess is critical for Hyundai to keep pace with an intensely competitive and expanding passenger vehicle market, in India as well as overseas.

Hybrids likely to outrun EVs soon in market share battle
Sales of hybrid cars and SUVs are rising, challenging electric vehicles. HEVs offer better fuel efficiency. Japanese companies and emission standards impact automakers' strategies.

Tata Motors sells 7 lakh Nexon SUVs in 7 years, offers price benefits up to INR 1 lakh
Launched in 2017, the Nexon has secured its position as India's top-selling SUV for three consecutive years from 2021 to 2023, the company said.

FADA raises concern over car inventory build-up, seeks to reach out to SIAM
The industry is carrying an inventory of about 5.5 lakh passenger vehicles. The dealers follow a repayment cycle where funds taken from the banks are paid back with interest within 60 days.

Hyundai to sell up to 17.5% stake in India unit IPO
The India IPO is aimed at accelerating Hyundai's expansion in a country where it has operated for over 25 years and where its affordable cars like Santro and sports-utility vehicle Creta are popular with Indian buyers.

‘In another four to five years, there will be only two things to talk about, in terms of alternative fuel technology for CVs’
The road ahead is not absolutely clear yet, in terms of technology mix, for the automobile industry’s journey towards clean transportation. Therefore, bets are to be done on emerging options. In this edited interview, R S Sachdeva, industry veteran and VECV’s Dy. CEO and Chief Transformation Officer, talks to ETAuto’s Sumantra Bibhuti Barooah about the industry’s transition journey, upcoming trends, and VECV’s investments and efforts to grow in these disruptive times .

M&M to strengthen its auto game with 23 launches in pipeline by 2030
The Mumbai-based company targets to have INR 27k crore capex and investment between FY25-27. Mahindra and Mahindra has given a detailed outlook to expand the auto and farm business where it is focusing on bringing more options for potential buyers in both the sectors.

For ZF India, the time has come to play to its strengths
Akash Passey, President, ZF Group - Region India, believes that the auto parts maker has unique advantages which need to be optimally leveraged. ZF has to build more business with carmakers and Passey says there is no reason why this cannot be achieved. The key is to constantly push the envelope and look for new opportunities.

Birender Siwach, Director of Purchasing and Supply Chain Continental India resigns
Birender Siwach resigns from Continental Automotive India after 8 years, citing a planned sabbatical to explore new challenges.

FAME 3 may get a budget-day release; INR 10k cr outlay expected
Electric two, three, and four-wheelers are expected to be supported under the Faster Adoption & Manufacturing of Electric Vehicles (FAME) scheme, which could receive a budgetary allocation of about INR 10,000 crore, people familiar with the deliberations told ET.

Tata Punch.ev receives 5 star rating under BNCAP
India’s own car crash test assessment unit, Bharat new car assessment program (BNCAP) was introduced last year to advanced vehicle and road safety standards.