TVS Motor Company has officially launched operations in Zambia, signing Zamoto Manufacturing Ltd as its distributor. The company plans to grow its African footprint by introducing eight products spanning taxi, commercial, personal and premium segments. The move targets mobility demand in a country seeing fast urbanization, offering buyers options for different use cases.
Renault has unveiled an ambitious dual-platform strategy for India, aiming to roll out seven new models by 2030. One platform will focus on affordable vehicles priced under ₹10 lakh, while the second will cover larger segments and electrification, including EVs and SUVs. The company also sees India as a software development hub to support its future products.
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Nissan says it opened 54 new customer touchpoints in India during January to March, expanding its dealership network. The outlets combine 3S facilities (sales, service, spares), 2S sales and service centers, and 1S sales-only locations placed across key markets. The move aims to deepen Nissan’s presence and make buying and servicing easier for customers.
Bosch Limited plans to acquire its vehicle motion business, Bosch Chassis Systems India, aiming to expand and strengthen its mobility portfolio. The deal is designed to sharpen Bosch’s safety and braking capabilities, enabling further investment in these critical areas. The transaction will only proceed after shareholder approval.
BMW’s India leadership says MINI is targeting a major sales jump by doubling volumes in 2026. The automaker plans to broaden MINI’s vehicle lineup, launch new models and special editions, and scale local production where possible. It will also expand its retail footprint and move beyond metros to reach customers in more cities.
BMW expects India’s luxury car market to double its share by 2030, driven by younger, affluent aspirational buyers. The automaker points to rising affluence and a generational change in spending habits as key catalysts. As luxury vehicles become more accessible and desirable, the segment is set for major expansion, with momentum expected to continue beyond 2030.
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China has announced exemptions on exports of Nexperia chips for civilian use, saying it is awaiting concrete steps from the Netherlands to resolve a dispute. The standoff has contributed to chip shortages and has begun to threaten car production, highlighting how regulatory conflicts can rapidly ripple through manufacturing supply chains.
Tesla has raised its spending plan for 2026 by about a quarter, pushing it to more than $25 billion. CEO Elon Musk is channeling the increase into AI, robotics, and chips, arguing the bets are “well justified” for future revenue. The move underscores how much of Tesla’s value now hinges on self-driving cabs and humanoid robots—at a cost investors are starting to scrutinize.
A new report finds manufacturing companies are increasingly appointing leaders from outside, with CEO and MD roles seeing the most frequent changes. The trend suggests firms are gearing up for digital transformation and building new supply chains. Automotive recorded the highest leadership activity. Women more often rise via internal promotions, yet remain underrepresented overall.
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