Auto Industry News
GoMechanic Secures $42 Million Series C Funding; Plans To Explore Global Opportunities
Auto after-sales service and spare parts startup, GoMechanic, today announced securing an investment of $42 million, nearly Rs. 312 crore, in Series C funding. It is the fourth round of institutional funding for GoMechanic, and this one was led by Tiger Global Management with the existing investors - Sequoia Capital India, Orios Venture Partners& Chiratae Ventures participating.
Mazda To Temporarily Halt Production At Japanese Plant In July Due To Chip Shortage
Jun 23, 2021 08:59 PM
Mazda Motor Corp said on Wednesday that it will suspend production at a factory in Japan for a total of ten days in July due to a chip shortage.
Top 5 Highlights: 2021 Skoda Superb
Jun 23, 2021 06:31 PM
The Superb is Skodas flagship sedan in the country and theres a lot that it brings to the table. Its all about comfort for the passengers but at the same time, offers the best-in-class driving dynamics.
Gujarat EV Policy: Manufacturers Welcome Announcement
Jun 23, 2021 07:33 PM
Gujarat chief minister, Vijay Rupani, announced a bold EV policy which will be implemented in the state over the next four years. And it has drawn positive reactions from electric vehicle manufacturers all around.
Top 5 Highlights: Tata Altroz iTurbo
Jun 23, 2021 05:08 PM
The Tata Altroz iTurbo rivals the likes of the new Hyundai i20 Turbo Petrol and Volkswagen Polo TSI.
Reality Check For Volkswagen In China After Sluggish Start For Electric Car Series
Jun 23, 2021 04:50 PM
Volkswagen said it was confident the two ID.4 models would see sales growth and noted plans for three more ID models to be launched this year in China.
Volvo Cars India Introduces Car Subscription Programme In Delhi And Gurugram
Jun 23, 2021 03:44 PM
Volvo Cars India has launched its car subscription programme in the country. The Swedish luxury carmaker announced the introduction of its new 'Subscribe to Safety' programme via its social media handles, and at the moment it is available only in Delhi and Gurugram.
Bentley Appoints Richard Leopold As Regional Director For UK, Middle East, Africa And India
Jun 22, 2021 10:46 PM
Richard Leopold replaces Sarah Simpson as the Regional Director For India, UK, Middle East And Africa at Bentley Motors. Before this, Leopold was the Global Sales and Network Director.
Gujarat EV Policy Announced; Subsidies Of Up To Rs. 1.5 Lakh On EVs
Jun 23, 2021 05:01 PM
Vijay Rupani, the chief minister of Gujarat, announced the latest EV Policy for the state, wherein subsidies of up to Rs. 1.5 lakh will be provided on purchase of electric vehicles. The state will provide Rs. 870 crore over a period of four years as subsidy support.
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