Employers and unions have launched a new global plan to address driver shortages in the road transport industry. The plan, introduced by the International Road Transport Union (IRU) and the International Transport Workers’ Federation (ITF), aims to alleviate driver shortages, ensure better working conditions for drivers working abroad, and simplify and enforce rules for workers […]
Mahindra & Mahindra Ltd. has announced that it has achieved a production milestone of 900,000 units for its iconic SUV, the Scorpio, marking a significant achievement for the brand that created the SUV category in India. For over two decades, the authentic SUV, Scorpio has stood as a true champion, consistently evolving and reshaping the SUV landscape in the […]
T. Loon Chand Chordia of, Siremull Hirachand Tyrestore has behind him decades of experience in dealing with all kinds of tyres. In this interview with M. Stephen, he talks about the ground realities in today’s tyre business and how sales have taken a big hit due to several disruptive strategies. Could you share details about […]
Zen Mobility, an emerging Indian electric vehicle OEM, headquartered at Manesar, Gurgaon, has introduced the Zen Micro Pod, a purpose-built cargo 3-wheeler LEV (Light Electric Vehicle), as part of its goal to create inspirational designs and engineering innovations in electric vehicles. The Zen Micro Pod will be available in two variants – the R5x and […]
Ashok Leyland has announced a strategic partnership with Cholamandalam Investment and Finance Company Limited (Chola), the financial services arm of Murugappa Group, to facilitate inventory financing for the Ashok Leyland dealers. In a bid to enhance operational capabilities, the new alliance aims to provide 130 Ashok Leyland dealerships nationwide with an array of comprehensive inventory funding options to […]
Tata Motors, the country’s leading commercial vehicle manufacturer, is dedicated to ensuring customer satisfaction and repeat buying through its comprehensive range of offerings. R Ramakrishnan, Global Head (Customer Care, Commercial Vehicle Business Unit) at Tata Motors sheds light on the company’s key strategies and initiatives in an exclusive interview with Rajesh Rajgor Tata Motors, India’s […]
Daimler India Commercial Vehicles (DICV), the wholly owned subsidiary of Daimler Truck AG and the manufacturer of BharatBenz, has announced its entry into the pre-owned commercial vehicle market under a new brand ‘BharatBenz Certified’. This new business initiative will undertake the refurbishment and sale of pre-owned BharatBenz trucks to Indian customers who have been aspiring to […]
Ashok Leyland has opened two new CV showrooms on the Ajmer Road in the Jaipur and Kotputli regions, in collaboration with Jaipur-based VST Auto India Private Limited. This move will provide customers in Jaipur-Ajmer belt, with easy access to all of their automotive needs, offering end-to-end transportation solutions through technology, innovation and superior services, reports […]
Apollo Tyres has inaugurated the first branded retail outlet for Vredestein brand of tyres in India. India’s one of the most premium tyre counters, Madhus Tyre Centre, Hosur Main Road, Bengaluru, in the southern part of the country, has been chosen as the first exclusive outlet for Vredestein brand of tyres. The outlet was inaugurated […]
Renault has announced that it has achieved a production milestone of 10,00,000 vehicles in India. This remarkable achievement showcases the Renault’s manufacturing prowess and underlines its commitment to delivering high-quality vehicles to Indian customers. Renault’s state-of-the-art manufacturing plant in Chennai has played a pivotal role in this remarkable accomplishment. With a production capacity of 480,000 […]
Bosch Power Tools India, a leading provider of power tools for the construction, woodworking, and metalworking sectors, is delighted to declare the celebration of its 30 years of operations in India. Since its establishment in 1993, the division has become one of the leading suppliers of power tools and accessories in the country with a strong focus on the establishment of […]
Ashok Leyland has signed a Memorandum of Understanding (MoU), with IDBI Bank Ltd. to enter into a strategic channel financing partnership for its dealers. This MoU will enable both Ashok Leyland and IDBI Bank Ltd. to offer customized financial solutions to them. Commenting on the partnership, Gopal Mahadevan, CFO, Ashok Leyland, said, “With the combined strength […]
India Ratings and Research (Ind-Ra) has upgraded JK Tyre & Industries Limited’s (JKTIL) Long-Term Issuer Rating to ‘IND A+’ from ‘IND A’. The rating outlook has also been revised to Stable from Negative. The rating reflects JK Tyre’s strong operational and financial performance. The upgrade echoes a significant improvement in the company’s credit metrics on […]
TORK Motors, leading home-grown electric motorcycle manufacturer, has inaugurated three new Experience Zones in Gujarat – two in Rajkot and one in Ahmedabad. The 3S facilities will be home to brand’s KRATOS-R motorcycle and will offer sales and after sales services including spares, to consumers in the region. TORK Motors now has four physical touchpoints in the […]