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Ather eyes larger pan-India presence with new family scooter
With Rizta, the electric scooter maker is hopeful of targeting a larger buyer base and growing its market share in the northern and western regions. Ather is also confident that its efforts in value engineering have done the trick in the overall cost management efforts.

Cutting down logistics cost to 9% of GDP to expediate India's vision to be among top 25 logistics hubs, says TVS Supply Chain CEO
India needs to have a clear policy, strong infrastructure and low logistics costs to fulfil its vision to be among the top 25 global logistics hubs, says Sukumar Kameswaran, CEO, TVS Supply Chain Solutions India. He also points out four megatrends- digitalisation, sustainability, skilling, and globalization- that are taking shape in the logistics sector, and how logistics service providers can leverage them.

Audi bids adieu to R8 Supercar after 17 years; may be for its electric rebirth
Originally introduced in 2007 as Audi's "sensible supercar," the R8 garnered respect for its powerful V-10 engine shared with the Lamborghini Huracán. Despite never achieving high sales volumes, with production peaking in 2008 at just over 5,000 units, the R8 leaves behind a legacy of performance and innovation, the company said.

Why Modi govt’s big bet on Elon Musk in India might just work
On the one hand, this looks like business as usual. Officials have made a habit of using the supposed potential of the domestic market as an inducement for foreign investors. The stick of high tariffs together with the carrot of possible consumer demand growth should be enough to lure in people like Musk, they think. That said, there’s a deeper story to be told here.

Car buyers may finally get relief from rising prices and long delays soon. Get ready for era of discounts & offers. Here's why
Customers are set to benefit from an automotive market resurgence with attractive discounts and offers in the new financial year. Despite a record volume in the current fiscal year, industry experts predict a potential slowdown in 2024-25 due to decreased demand and rising inventories. The new financial year is bring an era of attractive discounts and offers.

Mercedes-Benz, BMW and Audi may steer clear of India's new EV policy
The luxury car makers that have already been present in India for decades would rather accelerate local assembly in the country as the money will need to be ploughed in within three years of receiving approval under the scheme, said auto executives. The aforementioned companies didn’t officially comment on investments under the new policy.

Automakers embrace sustainability: Shift towards recycled materials, biodegradable parts for new models
Corporate-run scrap yards are coming up, creating a new industry of sorts of recyclable parts, while component manufacturers are replacing metal and plastic with innovative biodegradable material. Take Gurgaon-based Paracoat Products, which makes parts that dampen noise, vibration and harshness (NVH) in automobiles. Typically, such parts are made of plastic or wood. Now, the company is experimenting with jute sticks.

Indians’ electric love to power EV sales to a record
The sales surge would be propelled by falling battery prices and resultant product price cuts by some automakers, robust government support for eco-friendly vehicles, higher prices of fossil fuels and growing environmental awareness among consumers. Launch of new models by automakers is also helping attract new buyers into this segment. This year’s sales performance would mark a 67% jump from the 60,910 electric PVs sold in FY23.

4.2 million car sales may blast their way to record
Around 375,000-380,000 cars, sedans and utility vehicles are expected to be sold in India in March, up from 336,000 units a year earlier, making it the 15th consecutive month that PV sales have breached previous monthly records. For the first time, sport-utility vehicles are set to capture more than half of the passenger vehicle market in a year underscoring their growing popularity.

Maruti Suzuki to acquire 6.44% stake in Amlgo Labs
This strategic move is anticipated to enhance MSIL's offerings to customers by harnessing the expertise of Amlgo Labs in analytics and AI solutions.

Home-grown OEMs will continue to account for every second e-car for the next decade
Projections by GlobalData, a leading global data analytics firm, show that Maruti and Tata will together corner 55% share of the battery electric vehicle (BEV) market in 2025. And continue to account for more than half the market in 2035.

Maruti Suzuki recalls Baleno and WagonR models over fuel pump motor defect
The company has announced the recall of 11,851 units of Baleno and 4,190 units of WagonR. These vehicles were manufactured between July 30, 2019, and November 1, 2019.