Mahindra will be inspecting the rubber bellow inside bell housing on a batch of 6618 units of Scorpio-N and a batch of 12,566 units of XUV700. The recall is only for the manual transmission models manufactured between July 1 and November 11, 2022.
Goa Tourism Department has written to the district collector of North Goa, claiming that the India Bike Week is illegal and the organisers shouldn't get permissions to conduct the event.
The market gave up early gains after Hungarian Foreign Minister Peter Szijjarto said that flows through the Druzhba oil pipeline from Russia had resumed following a brief outage.
n 2021, India was the world’s third-largest crude importer (214 million tonnes) after China (526 million tonnes) and the United States (305 million tonnes) (“Statistical review of world energy”, BP, 2022).
According to a Reuters report, Indonesia invited Ford Motor Company and Hyundai Motor Company to set up its operational base related to electric vehicles in the Southeast Asian country.
Volkswagen has defused a power struggle over measures needed to accelerate its expansion in electric vehicles, lifting its shares by 5% on Tuesday as investors welcomed Chief Executive Herbert Diess getting allies appointed to key roles.
Tesla Inc. is the most valued automotive manufacturer in the world and the company wrote to the government of India on getting tax breaks. But the government has asked Tesla to increase localisation and share plans for India market, before it offers tax breaks, if it will.
Launched at the Investor Summit in Gujarat, the vehicle scrappage policy aims to reduce the import of scrap and raw materials, while also help to decongest public roads from polluting vehicles.
Ampere Vehicles, the e-mobility business of Greaves Cotton Limited has announced achieving a new sales milestone of 1 lakh electric scooters in India. The 1 lakh milestone comprises both brands, Ampere and ELE, the electric three-wheeler brand of Greaves Cotton.
Goodyear India is experiencing strong demand in the replacement market as well as on the OEM side as sales have picked up both for new cars, as well as in the used car market.
The Committee on Foreign Investments in the United States, which reviews deals of companies with foreign ties for potential national security risks, has also been scrutinizing SPAC deals.
Force Motors sold 6,486 units in the same period as compared to 2,311 units sold in the first four months of the previous year, including both domestic and exports.
