cars24: CARS24 Monetary Companies companions with Credgenics to streamline collections course of
Indian Auto Tech firm CARS24’s wholly-owned subsidiary, CARS 24 Monetary Companies, on Tuesday introduced a strategic partnership with Credgenics to facilitate a digital-first method within the enterprise. The corporate stated that the target behind the transfer is to “streamline the automobile possession expertise for purchasers by introducing progressive options powered by cutting-edge expertise, making certain […]
Maruti Suzuki: Maruti bets huge on SUVs amid rising demand
Maruti Suzuki India is gearing up for a powerful SUV push with a minimum of six out of ten new fashions deliberate for the subsequent three years beginning FY25 being sports activities utility autos (SUVs), reinforcing the Japanese carmaker’s robust intent to sharpen deal with the car physique kind amid a speedy shift in purchaser […]
Panel to look at auto cos’ requests for quarterly incentives, extra elements below PLI: Official
New Delhi, A government-formed panel will look at requests from auto producers looking for quarterly incentive payouts and inclusion of extra elements below the production-linked incentive scheme, in keeping with an official on Monday. “This 12 months, the inducement (below Auto PLI) will probably be given yearly however a committee has been shaped within the […]
Tata motors demerger: Tata Motors’ board approves demerging CV, PV companies into two separate listed firms
The board of Tata Motors on Monday accredited demerging the operations of the corporate’s enterprise into two separate entities, i.e., business automobiles and passenger automobile enterprise, a transfer aimed toward tapping synergies and delivering increased progress. All shareholders of Tata Motors would proceed to carry the identical similar shareholding in each the listed entities. “The […]
BYD to launch its premium electrical sedan, Seal, in India tomorrow. Here is all about it
Chinese language electrical automobile producer BYD will launch itsd premium electrical automobile, Seal, in India tomorrow (March 5). BYD at the moment presents e6 MPV and the Atto 3 crossover SUV in India as properly. The Seal, which competes globally with the likes of Tesla Mannequin 3, boasts a trendy and aerodynamic design, full with […]
used automotive market: India’s used automotive market measurement to the touch USD 100 billion-mark by 2034: CARS24 CEO
Indian used automotive market is anticipated to the touch the USD 100 billion-mark within the subsequent ten years on the again of rising disposable incomes and a rising center class, in response to CARS24 Co-Founder and CEO Vikram Chopra. As per the findings of the Gurugram-based on-line used automotive market, there are adjustments in market […]
Extremely wealthy chase Rs 1 crore-plus supercars on luxurious drive
MUMBAI: Luxurious carmakers are more and more rolling out fashions priced north of Rs 1 crore because the nation’s rising ultra-high web value (UHNW) inhabitants searching for discerning experiences snap up such supercars like by no means earlier than. Carmakers equivalent to Mercedes, BMW, Audi and Toyota rolled out eight new fashions with eight-figure worth […]
Electrical two-wheeler market sees large 24% progress in February. Ola at prime of gross sales chart
The electrical two-wheeler (E2W) market in India noticed a big surge in registrations throughout February 2024, indicating a sturdy 24% year-on-year progress in high-speed scooters. In keeping with information sourced from Vahan, this surge displays the rising traction of electrical autos within the nation, with key gamers making strides on this evolving sector. In February, […]
Gross sales of automobiles, sedans, utility automobiles see their best-ever February
Gross sales of automobiles, sedans and utility automobiles within the native market elevated in wholesome double-digits to their best-ever degree for the month of February at 373,177 models on again of higher provides and sustained client demand. As per business estimates this is a rise of 11.3% over 335,324 models offered in the identical interval […]
TVS Motor gross sales rise by 33% in February
New Delhi, TVS Motor Firm on Friday mentioned its wholesales rose 33 per cent year-on-year to three,68,424 models in February. The corporate had dispatched 2,76,150 models in February 2023. Whole two-wheeler gross sales registered a development of 34 per cent to three,57,810 models final month from 2,67,026 models in February final 12 months, the corporate […]