New Delhi: Truck maker Ashok Leyland plans to steadily expand its compressed natural gas (CNG) range to draw in up to 40% of sales in its intermediate commercial vehicle (ICV) segment from this fuel, a company official said.
The move follows the truck maker losing market share in the ICV marke...
Renault India has announced a slew of discount offers across its model range this month. These benefits can be obtained in the form of cash discounts, exchange bonuses, corporate benefits and loyalty benefits. Let us know the model-wise offers.
Renault Triber
The Renault Triber MPV offering...
Kia India has added another feather in the cap by attaining the one lakh export milestone. The automaker began its export operations with Seltos in September 2019 and so far has managed to dispatch 1,01,734 units to more than 91 countries.
In 2021, the Korean automaker exported 46,261 vehicles, rec...
The Competition Commission of India (CCI) said today that the Supreme Court has dismissed a petition filed by tyre companies wherein they had challenged the regulator's order to impose penalties of more than Rs 1,788 crore on them for indulging cartelisation.
CCI has imposed penalties of Rs 42...
Honorable Finance Minister Nirmala Sitharaman has presented the Union Budget 2022 and there weren't many key announcements nor much relief for the reeling auto sector. However, certain announcements are expected to have a direct or indirect impact on the auto industry. The govement continues to focu...
Maruti Suzuki, the country's largest carmaker, will commence work on its new manufacturing facility in Sonipat, Haryana. It could emerge as Maruti's largest production base in India.
Maruti Suzuki president RC Bhargava told that construction work will begin soon on the unit, which will be commissio...
The automobile industry is witnessing a surge in sales globally after hitting a low during the pandemic. Slowly yet gradually, the industry is coming back on its feet. With this increase in sales, a certain trend has emerged as well.
It has been determined that the sales of SUVs have been recorded ...
Used two-wheeler buying and selling platform CredR on Wednesday said it will invest $15 million (around Rs 110 crore) in 2022-23 to expand its business. CredR said in a statement that the Bengaluru-based firm plans to open 50 CredR showrooms in FY22-23 and more than 100 showrooms by 2024.
Commentin...
Rivian had soared as much as 53% to top $100 billion in the biggest IPO of 2021, but shares of the company have fallen more than 27% since then.
Ford Motor Co. said Tuesday that its fourth-quarter results will include an $8.2 billion gain on its investment in Rivian Automotive Inc after the market-...
