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Emobility Trucks

Amazon launches global last mile EV fleet programme in India

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 […]

FADA Vehicle Retail Data

FADA Oct’23 Vehicle Retail Data – Festive upsurge witnessed across categories

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 […]

Tyres

Bridgestone’s Indore plant celebrates roll-out of 100 millionth tyre

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 […]

Vehicle Finance

Standard Chartered Bank drives in financing access for Tata Motors’ Passenger EV Dealers

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) […]

Trucks

Ashok Leyland delivers AVTR 1922 LNG truck to Mahanagar Gas Limited

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 […]

Parts & Components

Revolutionizing the Auto Components Industry: The Need for a C2C Business Model

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 […]

Buses Emobility

Tata Motors delivers first batch of Ultra electric buses to Srinagar Smart City

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 […]

Lubricants

Valvoline Cummins celebrates 25 years of innovation in India

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 […]

Buses

BharatBenz bags order for 298 buses from Odisha Government

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 […]

Tyres

TVS Eurogrip showcases industry-best design and tyre technology at SEMA show

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 […]

Tyres

JK Tyre net profit jumps multi-fold to Rs.249 crore in Q2

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 […]

Passenger Cars

Honda Cars India registers 9,400 units of domestic sales in October 2023

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 […]

Two Wheelers

TVS achieves highest-ever monthly sales with 21% growth in October 2023

Domestic sales up by 25%; Exports grow by 6% TVS Motor Company has registered its highest-ever monthly sales of 434,714 units in October 2023 with a growth of 21 percent as against 360,288 units in the month of October 2022.   Two-Wheeler Total two-wheelers registered a growth of 22% with sales increasing from 344,630 units in October 2022 […]

Dealerships Passenger Cars

Volkswagen India strengthens presence in Central India with new touchpoint in Indore

Volkswagen Passenger Cars India has announced the inauguration of a new City Store in Indore, Madhya Pradesh. The network expansion in Madhya Pradesh comes from the growing customer demand for premium, safe and German-engineered mobility solutions. The brand witnessed a 45% growth (YTD) in the region in 2023 (vs. 2022). Volkswagen Indore will enable existing […]

Parts & Components

Uno Minda launches new line of side stand sensors and switches for bike riders

Forgetting to retract the side stand of a bike while in a rush, is a major reason for a crash in India. In such cases, riders usually endure serious injuries and sometimes it can cost them their lives. Therefore, to address this issue and to ensure the utmost safety of its customers, Uno Minda, a […]