Dec
Landmark Cars IPO: The Initial Public Offering (IPO) of Landmark Cars Limited will hit primary markets today and subscription to the public issuance will remain open to bidders till 15th December 2022. The auto dealership aims to raise Rs 552 crore from the public. An offer of which Rs 402 cror...
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Dec
NEW DELHI: Car companies in India will have to cough up stiff penalties from April, as Parliament approved a new law mandating heavy fines on a company's annual domestic sales numbers for violation of the mandated Corporate Average Fuel Economy (CAFE) score. Penalties may run into thousands of cror...
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Dec
- Maruti Swift scores 19.19 out of 34 points in Adult Occupancy Protection - The results for S-Presso, Ignis and Scorpio-N were also announced. Maruti Suzuki Swift eaed a one-star rating in the latest round of Global NCAP crash tests. The luxury hatchback was among several other models, such as th...
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Dec
Tesla Inc launched two electric vehicle (EV) models in Thailand on Wednesday, marking its first foray into the regional autos hub that has long been dominated by Japanese manufacturers. The launch of two EVs with prices ranging between 1.7 million baht to 2.5 million baht (48,447 to 71,205 dollars)...
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Dec
Lucrative festive deals and new car launches played a vital role in boosting car sales in India in November 2022. Four of the top five best-selling cars in the country last month were from Maruti Suzuki. Read below to lea more about the five best selling models in November 2022. Maruti Suzuki Bal...
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Dec
New Delhi: Mahindra & Mahindra is recalling over 19,000 units of its XUV700 and Scorpio-N for rubber parts repairs. In a notice on its website, the automaker said it will proactively inspect the rubber bellows inside the bell housing in a batch of 6,618 Scorpio-N units and 12,566 XUV700s assembled b...
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Dec
JK Tyre & Industries is set to make a cumulative investment of INR 1680 crore, in two tranches starting this quarter, to increase production capacity and tap emerging demand potential in the automotive industry. The company has plans to enter the luxury tyre segment, where it is lacking now, right u...
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Dec
Switzerland is considering applying restrictions on the use of electric vehicles for non-essential purposes in the winter, as it expects an electricity shortage. Switzerland generates most of its electricity through hydroelectric and other renewable power plants. With these, Switzerland exports...
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Dec
New Delhi: Amara Raja Binders Ltd said on Friday said it intends to invest Rs 9,500 crore within the next 10 years in Telangana to set up research and manufacturing facilities for the manufacture of lithium-ion batteries in the state. The company signed a memorandum of understanding with the Telanga...
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