Auto Industry News
India's CV Industry Is Recovering From The Pandemic, But Real Growth Is Still Far Away
The commercial vehicle space was one of the more badly affected segments due to the COVID-19 pandemic, however, with the gradual reopening of the economies the CV industry too started to recover. However experts believe real growth is still a bit far away.
Hero MotoCorp To Increase Prices Of Two-Wheelers
Sep 17, 2021 12:42 AM
Hero MotoCorp has announced a hike in ex-showroom prices of the company's scooters and motorcycles from September 20, 2021.
TVS Acquires Majority Stake In European E-Bike Brand EGO Movement
Sep 17, 2021 12:11 AM
This is the second major acquisition for TVS in Europe after Norton Motorcycles, and will target the sustainable personal mobility solutions segment with e-bikes.
HumSafer App Aims To Build A Skilled Drivers' Community To Prevent Road Accidents
Sep 16, 2021 10:19 PM
HumSafer app is building a community of professional drivers who will be rated for their driving skills and they can further use their ratings for seeking employment with their prospective employers.
Mahindra Furio 7 Range Of LCV Trucks Launched In India; Prices Start At Rs. 14.79 Lakh
Sep 16, 2021 07:32 PM
Mahindra has launched the new Furio 7, a range of light commercial vehicle (LCV) trucks in India. The new LCV truck is offered across three product platforms: 4-Tyre Cargo, 6-Tyre Cargo HD and 6-Tyre Tipper and its priced from Rs 14.79 lakh.
Government Tells Tesla To Make EVs In India Before Asking For Tax Benefits: Report
Sep 16, 2021 07:30 PM
The Government of India wants Elon Musk-led Tesla to manufacture its electric vehicles in India before considering any plea for tax benefits.
EV Maker Xpeng Could Consider Acquisitions To Expand Capacity
Sep 16, 2021 07:28 PM
Chinese electric vehicle maker Xpeng Inc would consider acquiring less successful rivals to expand production capacity in the future, company President Brian Gu told reporters during a conference call.
Mahindra Finance Enters Vehicle Leasing And Subscription Business With Its New Brand 'Quiklyz'
Sep 16, 2021 06:09 PM
Mahindra Finance has announced that it will enter vehicle leasing and subscription business under its new brand called 'Quiklyz'. The new brand will cater to both individual and corporate customers.
Hypothecation Process For Vehicles In Delhi To Go Entirely Online From November
Sep 16, 2021 04:11 PM
Come November 1, 2021, no physical documents will be needed for the hypothecation process, according to a Delhi government statement. The entire process will now be faceless, by using OTP based digital signature.
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