Shares of ASK Automotive fell by 5.4 percent to its day’s low of INR 442.05 on the BSE on 26 September 2024 as the automotive supplier’s INR 5.16 million Offer For Sale (OFS) opened for subscription for the non-retail category.

The floor price for the issue has been set at INR 433 per share and 119,271 shares are available for subscription. At this price, the total size of the issue would come to is INR 5.16 million.

Claimed to be India’s largest manufacturer of brake shoes and advanced braking systems (ABS) for two-wheelers with a market share of about 50 percent in FY2022-23 in terms of production volume for OE and organised aftermarket, Delhi NCR-based ASK Automotive expanded its manufacturing footprint recently to supply to electric two-wheeler products from OEMs like TVS Motor Company, Ather Energy, Hero MotoCorp, Greaves Cotton, Bajaj Auto and Revolt.

While it increases its market share in what is considered to be an extremely competitive and ruthless market place, its promoter Kuldip Singh Rathee is said to be keen to sell a 6.05 percent equity position through an OFS on 27 September 2024.

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Kia India, one of the leading passenger vehicle manufacturers, has launched its Ownership Service Camp 2026, which runs from 3 July to 12 July 2026. The programme is available at 521 authorised workshops across 365 cities.

The service camp includes discounts on vehicle care, extended warranty packages, roadside assistance plans, parts, labour and accessories. Customers opting for the package will also receive a 36-point vehicle health check, which covers the exterior, interior, engine compartment and underbody. Additionally, the initiative provides used-car valuation services and exchange offers.

Bhimsen Gulabani, Vice-President - Customer Experience, Kia India, said, “Kia Ownership Service Camp 2026 embodies our unwavering commitment to delivering a seamless and differentiated ownership experience. Through this nationwide initiative, we aim not only to help customers maintain their vehicles in peak conditions but also to strengthen long-term relationships by providing transparent, accessible, and rewarding aftersales support. As we continue to enhance our service standards, our focus remains on creating a customer experience that inspires confidence and reinforces Kia's position as one of India's most trusted mobility brands."

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Autoverse Mobility has announced the launch of its Quick Commerce Program and Franchisee Program. These initiatives were introduced during the Garage Leadership Summit 2026 in Bengaluru, which was attended by garage owners, automotive experts and stakeholders.

The Quick Commerce Program allows garages to order spare parts – such as clutches, suspension components, filters and brake parts – through the Autoverse platform, with dispatch from local stores in 15 minutes starting with Bengaluru. The Franchisee Program enables entrepreneurs to open stores using Autoverse’s technology, sourcing and supply chain network.

Mihir Mohan, Founder & CEO, Autoverse Mobility, said, "India's independent garages are the backbone of the country's automotive service ecosystem. As vehicles become more connected, software-driven and technologically advanced, garages need more than just access to spare parts; they need knowledge, training, digital tools and a strong ecosystem that helps them compete and grow. The two initiatives launched by the company today are aimed at solving critical challenges faced by workshops, including faster access to spare parts and improved inventory management."

"Garage Leadership Summit 2026 reflects our commitment to building that ecosystem. Our vision is to empower every independent garage with the technology, expertise and trusted partnerships required to deliver world-class service while building profitable, future-ready businesses," added Mohan.

Rama Shankar Pandey, Co-Founder, Autoverse Mobility, said, "Independent garage owners today are looking beyond repairs; they are focusing on building brands, adopting technology and redefining customer experience. The conversations at the Summit highlighted the industry's readiness to embrace change and reinforced the importance of continuous learning and collaboration."

The summit included discussions on garage profitability, technical sessions on lubrication, E20 fuel and workshops on diesel particulate filter regeneration. A presentation titled ‘Before WhatsApp, Open Autoverse’ demonstrated how the company’s digital tools assist with spare parts sourcing and business operations.

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NBC Bearings, a brand of National Engineering Industries, has launched a range of automotive aftermarket products.

The expansion includes the introduction of wiper blades, brake pads, belts, steering rods and components for two-wheelers, three-wheelers and passenger cars.

This move marks a shift in the company’s business strategy to diversify its portfolio beyond its existing bearings and engineering offerings.

Rohit Saboo, President & CEO, NBC Bearings, said: "The Indian automotive aftermarket is witnessing unprecedented growth driven by increasing vehicle ownership, longer vehicle life cycles, and rising demand for quality replacement parts. As a trusted brand with decades of engineering excellence, NBC Bearings is uniquely positioned to leverage this opportunity. The launch of our expanded auto parts portfolio is a strategic step towards diversifying our business, strengthening our market presence, and creating new avenues of growth beyond bearings."

The company stated that the new products are intended to meet its established standards for performance and reliability. The range will be distributed through a network across India to reach dealers, workshops and customers.

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European auto major Stellantis will participate in Automechanika Frankfurt 2026, held from 8 to 12 September in Germany, where it plans to utilise the event to showcase the Eurorepar Car Service network and its multi-brand aftermarket support ecosystem.

Stellantis will recreate a workshop environment at the event to demonstrate its support framework for independent repairers. The network currently includes over 6,200 workshops worldwide, with more than 4,900 located in Europe.

The Stellantis aftermarket offering for independent garages includes:

• Parts Supply: A multi-brand portfolio featuring Mopar, Eurorepar, SUSTAINera and various supplier ranges.
• Logistics: Distribution via the Distrigo network.
• Operational Support: Training, diagnostic assistance, digital management tools, and marketing resources.
• Technology: Access to field expertise, analytics, and AI-powered tools.
• Circular Economy: Integration of SUSTAINera solutions, covering remanufactured, repaired, reused, and recycled components.

Francesco Abbruzzesi, Head of Enlarged Europe Parts & Services, Stellantis, said, “Independent repairers operate in an increasingly complex environment, where access to parts, expertise and tools is essential. Stellantis supports this evolution with a structured, multi-brand approach designed to strengthen daily operations and long-term performance, and we’ll showcase it at the Automechanika”.

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