Mahindra Logistics Limited, one of India’s leading integrated third-party logistics service providers launches services on ONDC Network and commences its operations. Mahindra Logistics will provide same-day & next-day intra-city pick-up and delivery services to all sellers on ONDC. The company will extend this to a full range of services including inter-city express parcel, full truck […]
After a strong year-on-year growth of over 50% in business volume in F’23, Mahindra’s Truck and Bus Division (MTBD) today inaugurated two state-of-the-art dealerships, M/s. Shivmani Motors in Ahmedabad and M/s. Maheshwari Logistics in Surat, Gujarat. Speaking on the occasion, Mr. Jalaj Gupta, Business Head – Commercial Vehicles, Mahindra & Mahindra Ltd. said, “MTBD has […]
Amazon has announced the launch of its last mile fleet programme in India with 100% electric vehicles (EVs), a global first for the company. The programme will help more than 300 Delivery Service Partners (DSPs) to make customer deliveries with zero tailpipe emissions. Amazon’s global last mile fleet programme enables the procurement of a tailored […]
The Federation of Automobile Dealers Associations (FADA) today released Vehicle Retail Data for Oct’23. October’23 Retails Commenting on October 2023 Auto Retails, FADA President, Mr. Manish Raj Singhania said, “The month commenced under the shadow of the inauspicious Shraddh period, persisting until the 14th. Consequently, a YoY comparison may not accurately reflect the actual trajectory of […]
Bridgestone India, part of Bridgestone Corporation, a global leader in tyres and sustainable mobility solutions, has announced a remarkable milestone as their Indore plant reaches the historic production of its 100 millionth tyre. This momentous achievement coincides with Bridgestone India’s silver jubilee, marking twenty-five years of successful operations in the country. Bridgestone India commenced operation in 1998 […]
Standard Chartered Bank, India has announced a partnership with Tata Motors, India’s leading automobile manufacturer, for offering Supply Chain Finance Solutions to their passenger Electric Vehicle (EV) dealers. Currently Standard Chartered Bank offers inventory funding limits to the ICE dealerships of Tata Motors, across its Passenger and Commercial Vehicle businesses. The Memorandum of Understanding (MoU) […]
Ashok Leyland has commenced the delivery of its first LNG-powered haulage truck – AVTR 1922 to Mahanagar Gas Limited in Hosur. This is a significant step from Ashok Leyland towards a sustainable and eco-friendly future of the Indian transportation industry. With this, Ashok Leyland becomes the first Indian Original Equipment Manufacturer (OEM) to unveil an in-house LNG engine compliant with BSVI Stage II emission standards. Speaking on the occasion, Sanjeev Kumar, President- MHCV, Ashok Leyland, said, “We […]
By Vairavanthan Shanmugavelu In the dynamic world of auto components, a significant challenge has emerged with the accumulation of over 5000 Crore worth of inventory, often labeled as “Non-Moving, Dead Inventory.” This stockpile is predominantly found in the godowns of dealers, distributors, and retailers. Various factors contribute to this backlog, including missing part numbers, absent […]
The deliveries are part of an order to supply, maintain and operate 100 electric buses in Srinagar and 100 more in Jammu for a period of 12 years Tata Motors has announced that it has supplied the first batch of state-of-the art Ultra EV air-conditioned electric buses to Srinagar Smart City Limited, via TML Smart […]
Valvoline Cummins Private Limited (“Valvoline Cummins”), the Original Engine Oil maker and a leading global lubricant manufacturer powering the future of mobility through innovative services and products completes 25 years of its operations in India, a milestone of Innovation & Excellence. Since 1998, when Valvoline Cummins embarked its journey in the Indian market, it has been […]
The buses will be delivered by its dealer partner in the state PPS Motors as part of the Location Accessible Multimodal Initiative PPS Motors, a part of the largest automotive dealership group, is delivering nearly 300 BharatBenz buses to the Odisha Government as part of the Location Accessible Multimodal Initiative (LAccMI). The Chief Minister of […]
Flotation radials, construction range tyres exhibited at the event TVS Eurogrip, one of India’s largest manufacturers & exporters of Off-Highway Tyres and Two & Three-wheeler tyres is participating in the prestigious SEMA show being held at Las Vegas Convention Centre, Las Vegas, Nevada, USA from October 31st to November 3rd, 2023. In the four-day event, the […]
Indian tyre industry major, JK Tyre & Industries Ltd. (JK Tyre) has announced its unaudited results for Q2 of FY2024. On a consolidated basis, net revenues were up 4% at Rs.3,905 crore and EBIDTA increased to Rs.597 crore as against Rs.305 crore on y-o-y basis. Commenting on the results, Dr. Raghupati Singhania, Chairman and Managing Director […]
Honda Cars India Ltd. (HCIL), leading manufacturer of premium cars in India, registered monthly domestic sales of 9,400 units in Oct’23 backed by strong demand for its new SUV Honda Elevate. The export numbers for HCIL stood at 3,683 units in Oct’23. Sharing thoughts on the monthly sales performance, Mr. Yuichi Murata, Director, Marketing and Sales, Honda Cars India Ltd said,”There is a […]