Amazon.com to invest over 1 bln euros in European electric van, truck fleet

Amazon.com said on Monday it will invest more than 1 billion euros  ($974.8 million) over the next five years in low-emission electric vans, trucks and parcel centers across Europe, accelerating its net carbon drive. The retailer said the investment was also aimed at spurring innovation in the...

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Auto sector to witness the best festive season of the decade, says FADA

With the coming 24 days of festivities in October, the Federation of Automobile Dealers Associations (FADA) is sure that October will see auto retail on high grounds. According to the Retail Vehicle Sales Data for September 2022 report, dealers were expecting October to be the best holiday month in...

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Volkswagen Taigun, Virtus, and Tiguan prices hiked by up to Rs 71,000

Last month, Volkswagen announced that it will hike prices by up to 2 percent across its entire product range from October 1, 2022. Now, we have in our hands the updated price list for all Volkswagen models. The Volkswagen Tiguan, which is available in only one version, received the most significant...

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Toyota Innova Crysta, Fortuner, and other model prices hiked by up to Rs 1.85 lakh

Toyota Kirloskar Motor (TKM) has announced a price hike on selected models from its product range. The price increase, which is valid with immediate effect, ranges from Rs 11,000 to Rs 1.85 lakh (all prices, ex-showroom). Toyota Vellfire, available in only one version, receives the most significant...

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Samvardhana Motherson Automotive to acquire mirror business of Japan's Ichikoh Industries

Samvardhana Motherson Automotive Systems Group BV, said it will take over the entire mirror business of Japan's Ichikoh Industries with an enterprise value of 5.2 billion yen (nearly Rs 300 crore), the company said in a stock exchange on Monday. This will be the group's first acquisition in Japan. ...

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India road ministry issues draft rules to make rear seat belt alarms mandatory

On Wednesday, the Union Ministry of Road, Transport and Highways issued draft rules making it mandatory to install seat belt alarms in all car seats. According to press reports, seat belt waings or alerts will be mandatory in M ​​and N class cars, with audio-video waing in case the seat be...

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Bridgestone Sturdo tyres introduced in India - Autonexa

Bridgestone India has launched the Sturdo range of tyres for the passenger vehicle segment. According to the company, this new set of tyres contains a special tread compound that extends tyre life by up to 29 percent over its current offering, while also improving ride quality on...

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Discounts of up to Rs 50,000 on Maruti Suzuki Swift, Celerio, and other models in September 2022

Selected Maruti Suzuki dealers in India are offering huge discounts on their entire range of models. These benefits are offered in the form of cash discounts, exchange bonuses, and corporate discounts. Select variants of Maruti Suzuki Celerio, Swift, Dzire and S-Presso are available with ...

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Pre-owned car market in India expected to grow at 19.5 pc till FY27: Report

The used car market in India is expected to expand at an annual compounded growth rate (CAGR) of 19.5% through FY27, according to a report published on Monday. It also stated that demand in small cities is expected to grow at a 30% CAGR by 2026, compared to a 10% CAGR in the 40 largest cities. The ...

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