Used car marketplace 'Droom' plans to come up with IPO in March 2025

The company plans to come up with an initial public offering (IPO) in March 2025, Sandeep Agarwal, founder and CEO of used car marketplace Droom, said on Wednesday. In an exclusive interview with ANI, Aggarwal said that the company plans to restart the IPO process next year and by March 2025, the c...

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Huawei to move smart car operations to new joint company with Changan

China's Huawei said it will move core technologies and resources from its smart car unit, which has chalked up robust sales of new vehicles, to a new joint company owned up to 40% by automaker Changan Auto. Huawei said in a press release that the new company will engage in the research, development...

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Made-in-India Tesla inches closer: Agreement with Musk's co in works

India is closing in on an agreement with Tesla Inc. that would allow the US automaker to ship its electric vehicles to the country from next year and set up a factory within two years, according to people familiar with the Indian govement's thinking. An announcement could come at the Vibrant Gujara...

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Amazon and Hyundai partner to offer car buying facility on e-commerce platform

Retail giant Amazon will soon offer Hyundai car models on its website and mobile applications from next year onwards. As per the publication, this will be rolled out for customers in the US, however, it will likely be introduced to other platforms in the market as well. Currently, users in the Unit...

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Best-Selling Cars In India According To Fuel Type: January To September 2023 Report

Maruti Suzuki has the highest share of passenger car sales in India, but its monopoly is limited to petrol and CNG-powered cars. Who are the sales toppers in Other fuel types? Let’s take a look.  Maruti Suzuki Swift (Petrol) The best-selling petrol car in India is the Swift. The Swift...

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US to partner with India in accelerating e-mobility adoption

India and the US are set to partner to accelerate New Delhi's transition to electric public transportation systems to meet its net-zero goals, signaling the growing trade and political ties between the two countries as they seek to counter China's influence on the global stage. As per the proposal,...

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Pre-facelifted Tata Harrier and Safari attract discounts of up to Rs. 1.40 lakh

Tata Motors launched the updated Harrier alongside the Safari Facelift in India on October 17, 2023. Both the SUVs benefit from revised exterior and interior designs with new variant names. Meanwhile, pre-facelifted versions are still on sale with heavy discounts in November. Customers opting for t...

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Nissan to invest up to USD 575 m in Brazil to produce 2 new SUVs, 1 turbo engine

Nissan has just celebrated its 23rd anniversary in Brazil, as it prepares to begin a new chapter in its history in Brazil and South America, in line with its global plan Ambition 2030. This was announced during an event held on Tuesday at the Resende Industrial Complex in the state of Rio de Ja...

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Delhi Odd-Even Scheme 2023: Odd-Even scheme in Delhi from November 13 to 20 to combat air pollution

Delhi Odd-Even Scheme 2023: The Delhi govement on Monday announced the comeback of the odd-even scheme as the national capital reels from the worst level of pollution. “In view of air pollution, the Odd-Even vehicle system will be applicable for a week from November 13 to 20,” Delhi Envi...

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