Piaggio Vehicles Pvt Ltd has signed a memorandum of understanding with State Bank of India’s Lucknow circle to offer interest-free financing for three-wheelers to young entrepreneurs in Uttar Pradesh under the State government’s CM Yuva Yojna scheme. The partnership will be supported by SBI’s network of over 1,600 branches across central and eastern Uttar Pradesh […]
Tata Motors is accelerating its push towards alternate fuel mobility with the launch of the all-new Intra V40, further strengthening its leadership in the fast-growing small commercial vehicle (SCV) and pickup segment. Designed for high-load, high-efficiency operations, the Intra V40 combines CNG + petrol bi-fuel technology with a best-in-class payload capacity of 1,525 kg and […]
IAA TRANSPORTATION 2026 is set to once again showcase a wide range of innovations in commercial vehicle technology, with its increasingly popular Test Drive programme taking centre stage. The initiative gives visitors the opportunity to experience the latest, most efficient and connected transportation solutions firsthand. Building on the strong response received in previous editions, the […]
Transport Corporation of India Ltd. (TCI), India’s leading integrated multimodal logistics and supply chain solutions provider, reported strong growth for FY2026, driven by robust performance across its multimodal logistics, warehousing, supply chain and integrated mobility businesses. The Company announced its financial results for the fourth quarter and financial year ended March 31, 2026, reflecting sustained […]
Olectra Greentech Limited has reported its best-ever annual performance in FY26, delivering 1,280 electric vehicles during the year — the highest since the company’s inception. Revenue grew 28% year on year to ₹2,312.17 crore, EBITDA rose 27% to ₹352.28 crore, and profit after tax increased 29% to ₹179.53 crore. Cumulative EV deliveries since inception stood […]
OHM Automotives Private Limited (“OHM”), in collaboration with Kinwin China, has announced the procurement and introduction of next-generation 12-metre electric intercity coaches and intracity buses for the Indian market. Under this strategic collaboration, OHM will introduce premium electric buses manufactured by CHTC China and supplied through Kinwin China, with the aim of accelerating the transition […]
S-CCI India Pvt. Ltd., makers of Golden Cruiser Coolants, Brake Fluids and Specialty Chemicals, has launched a new range of coolants under the brand name Eco Safe New. The product is available in 1-litre packs and comes in Green, Blue and Pink variants. Developed with advanced OAT (Organic Acid Technology), Eco Safe New offers long-life […]
JSW MG Motor India has launched the MG Majestor, which it describes as India’s first D+ SUV — a segment above the standard full-size SUV class. The vehicle goes on sale in two variants: the 4×2 Automatic, available in six- and seven-seater configurations, priced at ₹40.99 lakh ex-showroom, and the 4×4 Automatic, a seven-seater only, […]
Eberspaecher held its ground in a challenging market environment during the past year and achieved a strong operating result. The company is positioning itself for the future with innovative products and new partnerships. “Despite a demanding operating environment, in the past year we once again demonstrated that our transformation strategy is commercially successful. We achieved […]
Volvo Financial Services (VFS) and Eicher Motors Limited have announced their intent to form a 50:50 joint venture to provide financing, leasing and other financial services for customers of Volvo and Eicher-branded commercial vehicles in the Indian market. Pending regulatory approval, the JV will be created through VFS India issuing new shares to Eicher in […]
Ashok Leyland has secured an order for 715 vehicles from VRL Logistics, one of India’s leading logistics companies. The order includes AVTR 3120 haulage trucks, BOSS 1615 trucks and Oyster staff buses. This milestone marks a significant step in strengthening the partnership between the two companies and further reinforces Ashok Leyland’s position as a trusted […]
Hindustan Petroleum Corporation Limited (HPCL), a Maharatna oil marketing company, and Tata Motors, India’s largest commercial vehicle manufacturer, have signed a Memorandum of Understanding (MoU) to pilot a structured and scalable model for the responsible collection and recycling of used automotive lubricants. This collaboration brings together the complementary strengths of two leading Indian organisations to […]
Harish Surampade, a passionate customer of Ultraviolette has set new benchmarks in sustainable mobility by clocking an extraordinary 146,000 km in just 2 years on his F77 MACH 2. His relentless pursuit of adventure has taken him across every state in India and into some of the world’s most extreme terrains, earning him Two World Records– Kalam’s World […]
Daimler Truck Holding AG delivered resilient Group financial performance for FY2025, operating within its guided range despite a challenging macroeconomic environment marked by declining key markets and tariff headwinds. The company reported market-leading results in North America despite weak demand conditions, while Mercedes-Benz Trucks delivered solid profitability. Daimler Buses achieved double-digit margins for the first […]