A petition was placed before the Delhi High Court and it was seeking the Court’s direction to expand the scope and ambit of the FAME India Phase II scheme and extend and encompass the hydrogen energy infrastructure.
With such a wealth of experience in the auto industry, it is likely that he will be with Ashok Leyland perhaps looking after its electric vehicle business or international CV portfolio.
Rapido Auto was launched post-pandemic and the service crossed 1 million rides within just five months of operations.
Wardwizard started by launching electric bikes under the brand name Joy, followed by two low-speed models Nanu E-Scooter Honeybee and Nanu E-Scooter Butterfly.
The company will also offer 100% online buying of the C5 Aircross directly from the factory, with doorstep delivery in over 50 cities across India.
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Restrictions on dealership operations could have a short-term impact on liquidity, as most dealerships rely on inventory funding facilities which have a pre-defined payment period and they may require refinancing to tide over possible deficit in cash flows.
The used cars will continue to offer great value as compared to new cars. A majority of the pre-owned cars in India are five years old when they are sold.
India’s automotive parts exports were valued at around USD 15.35 billion at the end of the fiscal year 2020. So, we dig deeper into what type of parts are the most popular and more
Apollo Tyres will introduce a range of tyres for luxury cars as well as premium performance bikes with its Dutch brand Vredestein in India very soon. Satish Sharma, President of Asia Pacific, Middle East & Africa operations at Apollo spoke with us to talk about their strategy and how Apollo hopes to dominate the segment.
This sudden spike in demand for second-hand bikes also spirals from a consumer base who are looking to shift from public transport options like buses and trains to a private option.
Using various radars and camera-based equipment, ADAS alerts the driver of an imminent collision and if there is no input from the driver, the brakes are automatically applied.
Two-wheeler sales continued to slide in March, declining 35.26% y-o-y to 11,95,44 units while sales of commercial vehicles also slipped 42.2% y-o-y to 67,372 units. Three-wheeler sales fell 50.72% y-o-y to 38,034 units.
Switch Mobility Automotive will bring together Ashok Leyland’s capabilities both from Optare UK and Ashok Leyland’s EV division. OHM Global Mobility is a solutions company being piloted in India with plans to roll out mobility as a service (eMaaS) globally.
Fixcraft has launched an Android application through which customers can request a service, get the vehicle picked up and dropped back and even receive periodic updates regarding the status of repair along and cost.
Increase of Covid and fear amongst consumers with last year’s sight in mind has started keeping them away from making a high ticket purchase. The effects of the same can be seen in the 2-wheeler category
Financial woes brought by Covid-19 have pushed about 32 million Indians out of the middle class, undoing years of economic gains. This had its impact on 2-wheelers as it saw one of its steepest de-growth in the last few months.
In a first of its kind, Citroen is launching 100% direct online buying for the C5 Aircross SUV under which the customers in over 50 Indian cities outside the dealer network, will be covered through this direct online initiative and can order directly from the factory.
Over the last 12 months, Triumph India has had about 20% market share in the Indian superbike sub-segment, but now with a ‘volume product’ in its portfolio (the Trident), Farooq said the company targets 30% market share over the next six months.
With the upswing in COVID-19 cases first in Maharashtra and now in different parts of the country, how safe is it to travel in a cab? We find out.
The designation conferred to Y S Kim is head of global sales and distribution. In this role, Yongsung will be developing the strategy for local as well as international markets.
A new law to ban aftermarket fitment of music systems in auto-rickshaws has been proposed by the Madhya Pradesh Government. As per the new norms, permits will be cancelled for auto-rickshaws who modify the vehicle with music systems.
Over the years since its launch, Creta has been a best seller for HMIL, recording the cumulative sale of over 5.9 lakh units in the domestic market and over 2.2 lakh units in the export market.
The vehicle scrappage policy proposed by the government does indeed come with its terms and conditions. While we aren’t privy to these yet, the suggestions in this story will definitely help understand what is coming our way.
According to SIAM data (April-December 2020), M&HCV goods carriers contracted 47.11% (from 1,46,682 units to 77,576 units), but LCV goods carriers contracted just 24.65% (from 3,59,162 units to 2,70,623 units).
2020-21 will go down as a bad year with despatches falling due to impact of the pandemic; at Hero, despatches were down 10% y-o-y while at HMSI they were down 18% y-o-y and at Royal Enfield and Bajaj Auto by 13%.
While the March 2021 numbers look robust for all auto companies, they come on the back of a low base seen in March 2020, when the auto sales had plummeted due to the start of the Covid-19 related lockdown.