March 2018 - Auto Industry News

Eicher to manufacture electric buses from Indore

March 31, 2018 IbisResearch 0

Eicher Group, a part of V E Commercial vehicles is set to manufacture electric vehicles at its Indore plant in Madhya Pradesh. The electric bus […]

Ford and Mahindra signs MoU to develop SUVs and electric vehicles

March 25, 2018 IbisResearch 0

Mahindra Group and Ford Motor Company have signed an MoU to set up an alliance which will jointly develop new SUVs (sports utility vehicles) and […]

ISRO to support Electric Vehicles – as India seeks a sustaining model

March 22, 2018 IbisResearch 0

India is planning to have atleast 6 million electric vehicles on the road by the year 2020. However, it is yet to sort out related […]

Hyundai to expand Irungattukotai plant capacity by 50000 units

March 17, 2018 IbisResearch 0

Hyundai Motors is planning to increase its capacity of its Irrungattukotai plant by debottlenecking and modernization programme. The move will increase capacity by 50,000 units. […]

Honda launches 5G version of Honda Activa

March 17, 2018 IbisResearch 0

Honda Motorcycles & Scooter India (HMSI) has launched the fifth-generation model of the Honda Activa. The new 5G version is costlier by around Rs 1,000 […]

India increases import duty for auto components like engines

March 15, 2018 IbisResearch 0

India has increased import duty on specified auto parts including as engines, engine components, gearboxes and transmission shafts to 15% from 5-10% to encourage local […]

IRDAI proposes a reduction in third party insurance cover

March 15, 2018 IbisResearch 0

IRDAI – Insurance Regulatory Authority of India has proposed reduction in premium on insuring small private cars and certain types of two-wheelers. However, it has […]

Royal Enfield expands operations in South America

March 14, 2018 IbisResearch 0

Eicher Motors Ltd – Royal Enfield has widened its operations in South America with a flagship store in Buenos Aires in Argentina. The company started […]