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Auto Industry Witnesses 24 deals Valued At USD 357 million In Q1 2024

Mumbai, April 11 -- In the first quarter of 2024, the automotive industry witnessed 24 deals with a total value of USD 357 million, according toGrant Thornton Bharat Automotive Dealtracker. The figur... Read More


Sale of Electric Vehicles in India Is Rising

Mumbai, April 11 -- Sales of electric vehicle grew across all segments in India 2023 based on factors such as lower lifetime ownership costs, the availability of more models and purchase subsidies, ac... Read More


Nova Motorsport Acquires Portuguese tire manufacturer Camac

Mumbai, April 10 -- In what is regarded as a big development in the rubber and tyre industry, the newly established UK tyre company Nova Motorsport has expanded its manufacturing footprint with the ac... Read More


Shifting Luxury Passenger Vehicle Trends

Mumbai, April 10 -- With the Indian auto industry achieving a good 10 percent growth in FY2023-24 (the two-wheeler, three-wheeler, passenger vehicle, tractor and CV segments grew at nine percent, 49 p... Read More


BMW Experiences Good Demand For Flasghip Offerings

Mumbai, April 10 -- Posting strong business performance in the first quarter of 2024 calendar year (January - March), BMW Group India has experienced good demand for its flagship offerings - theBMW 7 ... Read More


Indian Road Logistics Industry to Experience Modest Growth in FY2024-25

Mumbai, April 10 -- Indian road logistics industry is anticipated to witness a steady but restrained growth trajectory in the fiscal year 2025, as projected by the credit rating agency, ICRA. The fore... Read More


Freudenberg Group Achieves Record Sales Globally

Mumbai, April 10 -- Freudenberg Group, a renowned global technology conglomerate celebrating its 175th anniversary this year, has announced unprecedented financial achievements for the fiscal year 202... Read More


Rizta Electric Family Scooter From Ather

Mumbai, April 6 -- Ather Energy has introduced an electric family scooter called Riztaby showing it at the second edition of the Ather Community Day in Bengaluru. The e-scooter prioritises comfort, co... Read More


Nippon Paint launches Mastercraft; inaugurates first store in Gurugram

Mumbai, April 6 -- Nippon Paint has launched an automotive body and paint repair service called as Mastercraft. It is supported by Japanese precision and technology and promises a high-quality body a... Read More


Mahindra Teases The New XUV 3XO

Mumbai, April 4 -- Mahindra & Mahindra has released glimpses of its newest upcoming SUV in a teaser video regarding its new product, the XUV 3XO (pronounced three-ex-oh). Marketed with the tagline 'E... Read More