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Stellantis India is targeting to halve vehicle development time and ramp up localisation for certain models as it prepares to launch 12 products across Citroen and Jeep brands under its FaSTLAne 2030 roadmap, MD and CEO Shailesh Hazela said. "Globally, we announced that our ambition is to cut down our development time for bringing new products from 48 months to close to two years, which is around 24 months. That is what we are working on (for) our products, which we are going to launch," Hazela told PTI in an interview. Stellantis has one of its software and technology centre in Bengaluru. "[Our] India engineering centre is part of the four large tech centres in the world. We have the largest tech centre and they develop cars not only for Jeep and Citroen, but for models globally. So they have the same mandate [cut in product development time] which they will be following," he said. Also, Stellantis India has a long-standing partnership with Tata Motors Passenger Vehicle for ...
Commerce and Industry Minister Piyush Goyal on Monday said all European carmakers would prefer to manufacture in India, as producing vehicles there would be uncompetitive due to the region's regulations. Goyal said India is going to become a global car manufacturing hub. "Finally India is going to become the global hub for car manufacturing. Everybody is going to come and manufacture in India and with Europe having such crazy regulations, it is going to be impossible to be competitive. All the European manufacturers will come to India," he said at The Dilli Dialogue here. India has provided quota-based tariff concessions to the UK and the European Union (EU) in free trade agreements. The pact with the UK was operationalised on July 15, while the deal with the EU is likely to be signed by the end of this year. "I do not know if you are aware. Tatas had so much trouble after they bought Jaguar. Tata Motors itself was going to collapse and then they put in a lot of re-engineering, an
Leading automakers are ramping up production and building dealer inventory to meet strong customer demand as India enters the peak festive buying season, with manufacturers seeking to ensure adequate vehicle availability and convert healthy bookings into retail sales. Car market leader Maruti Suzuki India has 2.2 lakh pending bookings ahead of the festive season, while Hyundai Motor India has built four-five weeks of inventory across its dealer network. Mahindra & Mahindra, meanwhile, has scaled up its utility vehicle and electric vehicle manufacturing capacity to 68,000 units a month to improve supply and bring down waiting periods. Maruti Suzuki India's Senior Executive Officer Partho Banerjee told PTI, "At the beginning of this financial year, we had 12 days of stock. The current bookings pendency is 2.2 lakhs, which translates to 16 days of stock before the festive season. "We have already commissioned two new production lines, adding 5 lakhs capacity in total. The production .
Tata Motors Passenger Vehicles expects to cross 15 per cent domestic market share "very soon" and is working towards its previously stated target of 20 per cent by FY31, as the nearly year-old standalone business looks to drive significant growth through investments in new product categories, faster product interventions and powertrain expansion, its Managing Director and CEO Shailesh Chandra said. In an interview with PTI, Chandra said the passenger vehicle business, which became a standalone entity following the demerger effective October 1 last year, has grown nearly 40 per cent over the past year and is exiting September with electric vehicles accounting for more than 25 per cent of its total sales. "Our focus is going to be, of course, to drive significant growth, double-digit growth. At the same time, we want to be leading the charge as far as the sustainable or zero-emission powertrains and emission-friendly powertrains are concerned, and at the same time, we have to continue
German luxury car manufacturer Audi on Friday started local assembly of its Q3 model at the Skoda Auto Volkswagen plant in Shendra here. The Audi Q3 India launch is scheduled for October 16, ahead of next month, the company said in a release. Powered by a 2.0-litre petrol engine and equipped with Audi's quattro all-wheel drive, the all-new Audi Q3 combines dynamic capabilities. The model also features a range of segment-first features and technologies, further enhancing its appeal to modern luxury car buyers, it added. Piyush Arora, Managing Director and CEO of Skoda Auto Volkswagen India, said that it is an important milestone for the company in India. The production of the All-New Audi Q3 reflects the strong capabilities of the Chhatrapati Sambhajinagar facility, he added. Balbir Singh Dhillon, Brand Director, Audi India, said, "Today marks a significant day for us as we begin production and take another important step towards the launch of the All-New Audi Q3. The Audi Q3 has b
Domestic passenger vehicle dispatches from companies to dealers rose 36.5 per cent year-on-year to 4,39,309 units in August, industry body SIAM said on Tuesday. Passenger vehicle dispatches were at 3,21,901 units in August 2025, Society of Indian Automobile Manufacturers (SIAM) said in a statement. Total two-wheeler sales increased 10.5 per cent to 20,34,698 units last month, as against 18,41,954 units in August last year, it added. Three-wheeler dispatches were up 22.8 per cent in the previous month at 93,764 units as against 76,324 units in the year-ago period, it added.
Automobile dealers' apex body FADA has signed an initial pact with Rosmerta Group firm Rosmerta Digital Services to make vehicle compliances easier using the latter's tech platform that provides customers with a simple digital access point to check their traffic violation details and necessary action. As part of this association, RDSL has introduced Rosmart, its compliance services platform, available through Rosmart.com, where citizens can log in to access challan-related services and address pending traffic violations, the Federation of Automobile Dealers' Association (FADA) said in a statement. Through the platform, dealers can upload cases in bulk or assist customers directly, while customers can visit Rosmart.com or access the service by scanning a QR code available at participating dealerships and customer touchpoints, it said. The need for a reliable platform has also become increasingly important with the proliferation of unauthorised websites and online intermediaries ...