German automaker Volkswagen has inaugurated a new store in the city under its expansion drive in the state, strengthening its retail presence in the country. With the setting up of a new outlet at Ambattur in the city, the total network for the automobile major stands at 26 sales and 20 service facilities in Tamil … Read more
Tata Motors on Wednesday said it will build a cutting-edge vehicle manufacturing facility in Ranipet, Tamil Nadu, at an investment of ₹9,000 crore. The Tata group company signed a memorandum of understanding (MoU) with the Tamil Nadu government to establish the facility, its second plant in southern India. The unit is expected to generate about … Read more
Tata Motors has signed an MoU with the TN government to establish a cutting-edge vehicle manufacturing facility for an investment of Rs. 9000 crores that will generate around 5000 jobs, TN Industries Minister TRB Rajaa said on Wednesday in a post on X (formerly Twitter). Tamil Nadu CM MK Stalin and senior officials of Tata … Read more
Sir Jim Ratcliffe was in a helicopter flying towards the Kimberley, the vast untouched land in the north-west corner of Australia, when the pilot needed to refuel. The region is considered one of the last wilderness frontiers – three times the size of England with 40,000 inhabitants, so remote it can’t be reached on one … Read more
Image: Audi Sean and his wife are replacing their 2009 Audi A3 as it’s getting up there in mileage and repairs are starting to be expensive. This would be a daily driver for just two people, so it doesn’t need to be super practical. They are open to used cars but they want it to … Read more
Photo: Matt Cardy (Getty Images) Carmaker names are not nearly as celebrated as carmaker logos but they’re just as rich in heritage, both good and bad. Automobiles have been around since the late 1700s, but they didn’t take off until after the Industrial Revolution. World Wars I and II would catapult auto manufacturing into what … Read more
The government has constituted a committee to examine the auto industry’s demand for including more components in the production-linked incentive scheme for automobile and auto components, Union Minister Mahendra Nath Pandey said. “A committee has been constituted to examine demands from stakeholders to include more (automotive) components in the scope of the PLI scheme as … Read more
Hyundai unveils the ioniq-5-based ‘MOBION’ electric vehicle (EV) with ‘crab walking’ capabilities at the ongoing CES 2024. This prototype vehicle comes equipped with advanced ‘e-Corner System’ motion technology, allowing for lateral and diagonal movement, as well as pivots on spot. Hyundai claims that this ‘crab-walking’ capability might solve challenges with parallel parking. FOLLOW US ON … Read more
Watch this video to see Venkatram Mamillapalle, Managing Director for India Operations share the company’s product plan through 2027, what makes Renault bullish on 2024, demand momentum in the industry, growth drivers for the OEMs, and more. Follow @EconomicTimes FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Trusted Bulletin is an … Read more
The Ministry ofHeavy Industries on Monday issued a Gazette notification to extend the tenure of Production Linked Incentive (PLI) Scheme for Automobile and Auto Components by one year with partial amendments to provide clarity and flexibility to the scheme. “This decision has been made after receiving the approval of the Empowered Group of Secretaries (EGoS),” … Read more
