Battery Smart, India’s largest battery-swapping network for electric two- and three-wheelers, has announced the appointment of Amit Bhardwaj as its Chief Financial Officer (CFO). With over two decades of experience in financial strategy, risk management, and business growth, Amit’s appointment marks a pivotal step in Battery Smart’s expansion as it strengthens its leadership in the […]
The Federation of Automobile Dealers Associations (FADA) has released the vehicle retail data for June’23, revealing positive trends in the auto retail industry. Auto retail sales in June demonstrated a 10% year-on-year (YoY) growth, showcasing positive performances across all vehicle categories, including 2W, 3W, PV, Tractor, and CV. The respective growth rates for these categories […]
Piaggio Vehicles Pvt Ltd (PVPL), a 100 % subsidiary of the Italian Piaggio Group and India’s leading manufacturer of small commercial vehicles announced partnership with Common Service Centres (CSC) Special Purpose Vehicle to expand its three-wheeler business network through Village Level Entrepreneurs (VLE). Speaking about the partnership, Mr. Diego Graffi, Chairman and MD, Piaggio Vehicles Pvt […]
A Multi-Fuel Engine Oil with Active Cleansing Technology Speaking at the launch, Ms. Debanjali Sengupta, Country Head, Shell Lubricants India, said, “At Shell, we believe in a glocal approach, where we bring the best of our global knowledge and resources to curate indigenous offerings in line with local customer needs. Our three-wheeler engine oil is […]
Automotive retail has still not recovered from the jitters of the pandemic. When compared with May 2019, total vehicle retail was down by -10%. Except PV and tractor which continues to show growth of 11% and 33%, all the other categories like 2W, 3W and CV fell by -14%, -19% and -11%, respectively The Federation […]
While the automobile sector is yet to shrug off the effects of the pandemic, all categories were in green and two-wheelers, three-wheelers, commercial vehicles and passenger vehicles as well as tractors were up by 38%, 96%, 25% and 26%, respectively The Federation of Automobile Dealers Associations (FADA) has released vehicle retail data for April 2022, […]