TVS Motor Company will invest Rs 85.41 crore for a 48.27% stake in Nkars Mobility Millennial Solutions Private Limited (NMMSPL), which operates Formula 1 driver startup Narain Karthikeyan "DriveX", the company informed the exchanges on Wednesday. NMMSPL is engaged in leasing two-wheeled motorcycles...
Aug 25, 2022
Hyundai Motor India has announced that the Hyundai Venue N Line will launch in India on September 6. The SUV will be unveiled in Metaverse in the Hyundai Mobility Adventure experience available on Roblox. Venue N Line SUV will join the existing i20 N Line that was launched in 2021. At the event, the...
Aug 23, 2022
McLaren Mumbai will be the brand's first dealership in India The company will sell models such as the GT, Artura, 765 LT and 720S McLaren Automotive has officially confirmed its entry into the Indian market. The company, which will open its first showroom in Mumbai in October this year, will ...
Aug 22, 2022
The Swift hatchback is the latest model to join the Maruti Suzuki S-CNG range in India. The Swift S-CNG has been introduced at a starting price of Rs 7.77 lakh (Ex Showroom, New Delhi) and is offered in two different options – VXi and ZXi. The company will soon update the monthly subscription ...
Aug 17, 2022
Considering getting your leaer's license to lea to drive legally? It is crucial to have a leaer's license to protect yourself from accidents and avoid a fine of Rs. 5,000 (in Delhi). A leaer's license allows a citizen to legally lea to drive from someone who has a permanent driver's license. It is t...
Aug 12, 2022
Tata Motors has announced that it has rolled out 1 lakh units of the Punch from its manufacturing plant in Pune. The model, which has achieved the feat in the 10-month period since its launch in October 2021, is priced between Rs 5.93-9.49 lakhs (ex-showroom). Tata Punch is available in five differ...
Aug 9, 2022
The transition from BS4 (Bharat Stage 4) to BS6 (Bharat Stage 6) emission standards in India represents a significant leap towards cleaner and more efficient automotive technologies. Here’s a comprehensive comparison of BS4 and BS6 in terms of fuel, performance, engine technology, emission nor...
Aug 8, 2022
Tata Passenger Electric Mobility (TPEML) and Ford India (FIPL) have signed a Unit Transfer Agreement (UTA) to acquire the FIPL plant located in Sanand, Gujarat. The agreement cost (excluding taxes) is valued at Rs 725.7 crore. As part of the agreement, TPEML will acquire all of the land and bu...
Aug 2, 2022
SUVs had caused Maruti Suzuki, which traditionally sold one of every two vehicles on Indian roads, to lose market share, which is heavily towards these SUVs. A revamped portfolio of SUVs has already logged 100,000 bookings so far, just weeks after unveiling two models, giving the Japanese automaker ...