Tata Motors has signed a memorandum of understanding (MoU) with Finzo EV Solutions Pvt. Ltd., which operates as Turno, to offer customised financing to buyers of its electric small commercial vehicles and pickups (e-SCVPU). Under the partnership, Tata Motors customers will get quick loan disbursals, flexible repayment plans and a 25% assured buyback guarantee. Turno […]
Third edition, to be held from February 4 to 9, expects more than 10 lakh visitors and 1,750 exhibitors across Bharat Mandapam and Yashobhoomi. The Union Commerce and Industry Minister Mr. Piyush Goyal urged India’s mobility industry to look beyond the domestic market and build for global customers. He said the only thing holding back […]
Carrier Transicold today launched the X4TM 7300 single-temperature trailer refrigeration unit in India, where it is now commercially available, expanding its portfolio for fleets transporting temperature-sensitive food, pharmaceuticals and other perishable cargo. Carrier Transicold is part of Carrier Global Corporation, global leader in intelligent climate and energy solutions. Designed for demanding temperature-controlled transport applications, the […]
India’s automotive aftermarket is expanding steadily, but businesses must adapt to changing powertrain technologies, increasingly complex vehicle systems and evolving customer needs. Speaking at ACMA STEER South, Ritunch Gupta, Vice President, Sales & Marketing – Aftermarket, Banco Products (India) Limited, highlighted the market’s growth potential and the need for data-led decisions, digital diagnostics, mechanic training […]
The auto parts maker has won a ₹2,500 crore order for pickup truck components. The deal follows its expansion a year ago into five new product lines, including differential gears and CV joint parts. An Indian auto parts group – Highway Roop Precision Technologies Ltd, backed by private equity firm Carlyle has won the biggest […]
M&M’s quarterly profit rose 25% to ₹4,588 crore. Cars did most of the work, rising costs squeezed margins, and the farm business had an off quarter. Mahindra & Mahindra’s latest results look like a simple success at first. Revenue and profit both rose 25%. Consolidated revenue for the July–September quarter was ₹57,553 crore, against ₹46,106 […]
Marelli, the global automotive technology supplier, has appointed Mr. Laurent Favre as Chief Executive Officer with immediate effect. He takes over from Mr. Frederick “Fritz” Henderson, who has been serving as Interim CEO. Mr. Favre will lead Marelli as it emerges from Chapter 11 bankruptcy protection and into the next phase of its turnaround. His […]
Maruti Suzuki India has signed an agreement with the Telangana Transport Department to set up 12 Automated Driving License Test Tracks (ADTTs) across six locations in the state. The tracks will be built at Ibrahimpatnam and Kondapur in Ranga Reddy district, Uppal, Medchal and Nagole in Medchal district, and Karimnagar. The tracks will test applicants […]
Mercedes-Benz India has started local production of the all-new Electric GLC at its manufacturing plant in Chakan, Pune. The first locally produced GLC 400 4MATIC rolled off the assembly line on Wednesday. The Maharashtra Chief Minister Mr. Devendra Fadnavis and the Deputy Chief Minister Ms. Sunetra Pawar marked the occasion. Several top Mercedes-Benz executives also […]
Andhra Pradesh has topped the first Ease of Vehicle Ownership Index (EVOI), released by IndiaTech.org in partnership with Consumer VOICE. The index ranks 15 States and Union Territories on how easily a citizen or dealer can buy, sell and transfer a pre-owned vehicle. Andhra Pradesh scored 5.91 out of 10, followed by Kerala at 5.74. […]
CASE Construction Equipment, a brand of CNH, has opened new premises in the National Capital Region (NCR) to strengthen customer support and service in the region. Spread across 6,000 sq. ft., the facility is designed to improve service readiness and parts availability, helping CASE respond better to changing customer needs. It offers double the earlier […]
Hyundai Motor India Limited (HMIL) today announced Usage-Based Insurance (UBI) for eligible Bluelink customers, allowing safer drivers to receive additional insurance benefits. Powered by HMIL’s connected-car technology, the programme gives customers a personalised driving score and a consent-based route to savings on insurance premiums. The idea is simple; customers who drive safely should be able […]
Two proud legacies from different parts of the world, with distinctive brands, complementary strengths and an international reach, now share one ambition – to power industries, build infrastructure and connect trade without boundaries. Control of Iveco Group has officially passed to Tata Motors. It changed hands on October 30, four days after Tata Motors’ tender […]
As the next step in the separation of SKF’s Automotive business, SKF Vertevo has unveiled its new brand, marking an important milestone in establishing its identity as a standalone automotive company ahead of its planned listing on 1 December. The launch of the SKF Vertevo website and social media channels introduces the company’s new visual […]
Automotive Skills Development Council (ASDC), in partnership with Daimler India Commercial Vehicles Pvt. Ltd. (DICV), the maker of BharatBenz trucks and buses, has launched a CSR initiative to train and certify 240 aspiring Heavy Commercial Vehicle (HCV) drivers across Assam, Maharashtra, Jharkhand and Andhra Pradesh. The programme aims to strengthen the pool of skilled commercial […]