Automotive

Hyundai Motor India appoints Tarun Garg as Managing Director and CEO

Hyundai Motor India Limited said Tarun Garg has assumed charge as Managing Director and Chief Executive Officer with effect from 01 January 2026, becoming the first Indian national to lead the company since its inception 29 years ago. The leadership change comes as the company outlines its next phase of growth in the Indian passenger […]

India Yamaha Motor appoints Hajime Aota as Chairman from January 2026 amid Global Organisational Overhaul

India Yamaha Motor (IYM) Pvt. Ltd. has announced the appointment of Hajime Aota as the new Chairman of Yamaha Motor India Group, effective 1 January 2026. The appointment comes alongside a wide-ranging set of organisational reforms approved at the global level by Yamaha Motor Co., Ltd., aimed at strengthening strategy, digital transformation, manufacturing efficiency, and […]

Volkswagen Group launches early retirement scheme at India manufacturing units

Volkswagen Group has introduced an early retirement scheme for all 2,300 workers at its two manufacturing facilities in India as part of a wider operational restructuring. The move comes as the automaker continues to face challenges in the world’s third-largest automotive market, where it holds a 2 percent share despite operating for more than two […]

KETO Motors to Invest INR 3 Billion in Electric Bus Manufacturing Facility in Telangana

KETO Motors has signed a memorandum of understanding (MoU) with the Government of Telangana to establish an electric bus manufacturing facility in Jadcherla. The agreement was concluded during the Telangana Rising Global Summit 2025 at Bharat Future City. The project involves an investment of INR 3 billion and will focus on producing nine-metre electric buses, […]

VinFast to Invest USD 500 Million to Expand Tamil Nadu Facility for Electric Buses and Two-Wheelers

VinFast, the electric vehicle manufacturer owned by Vingroup JSC, signed a memorandum of understanding (MoU) with the Government of Tamil Nadu on 4 December 2025 to expand its Thoothukudi manufacturing facility. The agreement allocates additional land for new production capacity and marks the second phase of the company’s previously announced USD 2 billion commitment in […]

ZF CVCS secures ADAS nomination from Indian e-mobility commercial vehicle OEM

ZF Commercial Vehicle Control Systems India Limited said it has secured a business nomination to develop and calibrate an advanced driver assistance systems (ADAS) suite for an Indian e-mobility commercial vehicle original equipment manufacturer (OEM), covering coaches, heavy-duty trucks and buses. The company said the nomination covers multiple electric vehicle platforms including 13.5-metre coaches, 55-ton […]

JBM Group and Sodecia Form Joint Venture for INR 1.5 Billion Hot Stamping Plant in Pune

JBM Group’s Neel Metal Products Ltd has entered a joint venture with Portugal-based Sodecia Automotive International SA to establish a hot stamping manufacturing facility in Chakan, Pune. The partnership aims to design, engineer, and supply hot-stamped automotive components for Indian original equipment manufacturers. The joint venture agreement was signed on 18 November 2025. The new […]

Skoda Auto Volkswagen India Completes Two Million Vehicles at Pune and Chhatrapati Sambhaji Nagar Plants

Škoda Auto Volkswagen India Private Limited has produced two million vehicles at its manufacturing facilities in Pune and Chhatrapati Sambhaji Nagar, marking a major milestone in its twenty-five years of operations in the country. October 2025 was recorded as the company’s strongest month in six years of operations, reflecting sustained momentum across its brands. The […]

Stellantis Maps Higher India Production to Reach 2026 Component Export Goal

Stellantis is preparing for an expansion of its India-based manufacturing output as the automaker works toward a component export target of INR 100 billion for 2026. The company is looking to scale the contribution of Indian suppliers, who currently ship components worth INR 40 billion annually to its global operations. According to a report in […]