Commerce and industry minister Piyush Goyal said on Thursday that four major tyre companies represented by the Automobile Tyre Manufacturers Association have jointly undertaken to contribute Rs 1,000 crore to develop rubber plantations on 2 lakh hectares of land in the seven northeaste states of Ind...
Dec 9, 2021
Tata Motors, the nation’s largest truck maker, has invested over $ 1 billion (over Rs 7,500 crore in the coming 4-5 years to recraft its roadmap for the commercial vehicle business, with electric vehicles at its core, people in the know said. The company that has been a pioneer in the field o...
Dec 8, 2021
eBikeGo, India's two-wheeled electric mobility platform, has acquired the manufacturing and marketing rights for Muvi, an electric scooter owned by the Spanish company named Tarrot. The company is looking to manufacture the scooter in India and sell it in the country, as well as in global markets. W...
Dec 3, 2021
Royal Enfield reported its November 2021 sales and the company's domestic volumes were 44,830 units, witnessing a decline of 24 percent compared to the 59,084 units sold in November 2020. However, the company's exports for the same period, stood at 6,824 units registering a 45 percent hike in volume...
Dec 3, 2021
Electric mobility firm Bounce on Thursday launched its maiden consumer e-scooter 'Infinity E1' with dual options starting at Rs 45,099 (ex-showroom Delhi), heating up the competition in the fast-expanding domestic EV industry. The scooter with battery and charger is priced at Rs 68,999 (Delhi Ex-sh...
Dec 2, 2021
Japanese automaker Honda has announced lucrative year-end deals across its range of popular products line-up in the country. Benefits and discounts are likely to vary based on location, models, variants, or until stocks last. Therefore, potential Honda customers are advised to contact their nearest ...
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Dec 1, 2021
In a bid to regain its lost market share, Maruti Suzuki, the country's largest carmaker, plans to regain lost market share by September 2023, which has currently been reduced to 43.5% through an offensive product strategy centered on SUVs. This would address major portfolio gaps. Starting this Marc...
Nov 30, 2021
Hero MotoCorp-backed electric two-wheeler maker Ather Energy said on Monday its plans for a second manufacturing facility, which once commissioned in 2022, will expand its capacity to 4 lakhs vehicles per year from 1.20 lakh units at present. The new facility will be rolled out in Hosur, Tamil Nadu...
Nov 30, 2021
Pre-owned Vehicles Marketplace Shriram Automall India Ltd (SAMIL) has joined with Daimler India Commercial Vehicles (DICV) to expand its used vehicle exchange business into the commercial vehicle (CV) space. In accordance with the strategic partnership, SAMIL will provide online auction platforms to...