Latest News Updates from Indian Automobile Industry

Honda introduces five new motorcycles

New Delhi, Aug 4

Two-wheeler major Honda Motorcycle and Scooter India (HMSI) on Tuesday introduced five new motorcycles - CBR 650F, CB Hornet, LIVO and new CBR 250R and 150R, across various segments in the Indian market.

GAS partners with Honda Motocycles & Scooter India Pvt Ltd.

New Delhi, Aug 4

Extending their international association to India, premium Italian denim brand GAS on Tuesday partnered with Honda Motorcycles & Scooter India Pvt Ltd (HMSI) for Revfest here where five new motorcycles, including Honda's flagship 'Make in India' model CBR 650F, were unveiled in the presence of Bollywood actors Akshay Kumar and Taapsee Pannu.

Russia launches new airspace force

Moscow, Aug 4

Russia has put into service the airspace force as a new branch of the Russian armed forces, the country's defence ministry said.

Jehan bags Rookie Trophy in Formula Renault

Assen (Netherlands), Aug 3

Sahara Force India Academy racer Jehan Daruvala won the Best Rookie trophy on conclusion of Round 5 of the Formula Renault 2.0 NEC series here after finishing 11th and seventh in the double-header.

Nokia sells HERE to a consortium of Audi, Daimler and BMW.

August 3

Nokia has announced that a consortium of German auto makers—Daimler, BMW, and Volkswagen-owned Audi have agreed to buy it’s mapping business HERE, for almost $3.2 billion.

Fiat Chrysler Automobilies launches Abarth brand

New Delhi, Aug 4

Fiat Chrysler Automobiles India (FCA) launched its Italian brand Fiat Abarth 595 Competizione in India on Tuesday.

Toyota posts record net profit in April-June

Tokyo, Aug 4

Japan's biggest automaker Toyota said on Tuesday that its group net profit rose 10 percent from a year earlier to a record 646.39 billion yen ($5.2 billion) for the April-June period on robust sales in North America and a weaker yen.

Hyundai keen on LNG shipbuilding in India

New Delhi, Aug 3

A top level delegation from Hyundai Heavy Industries met Petroleum Minister Dharmedra Pradhan here on Monday and expressed their keen interest in liquefied natural gas shipbuilding in India.

Mercedes-Benz appoints new managing director for India operations

Pune, Aug 3

German automobile manufacturer Mercedes-Benz said On Monday that Roland S. Folger will take over as the new managing director and chief executive of its India operations from October 1.

Automobile manufacturers report healthy July sales

New Delhi/Chennai, Aug 1

A decline in interest rates, fuel costs, low base and pick-up in consumer sentiment helped the Indian automobile manufacturers report healthy sales figures for the last month on Saturday.

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