Commercial electric vehicle manufacturer Altigreen has partnered with Axis Bank, to provide customised retail financing alternatives to its customers. This partnership is aligned to streamline and simplify the purchasing process and empower customers in their transition to electric mobility. Shalendra Gupta, CFO, Altigreen, said, “We are pleased to be able to bring on board the retail finance… Continue reading Altigreen partners with Axis Bank to offer tailored financial solutions
Author: Autocar_Professional India Online News
M&M Q1 PAT zooms 60% at Rs 3508 crore
Automotive major Mahindra & Mahindra (M&M) reported a 60% jump in its consolidated profit after tax (PAT) at Rs 3508 crore for the quarter ended June 2023 (Q1 FY24). The company posted Rs 2196 crore PAT in the corresponding quarter a year ago. During the quarter under review, the company registered the highest automotive sales… Continue reading M&M Q1 PAT zooms 60% at Rs 3508 crore
Maruti Suzuki Finance enables 1 million customers with loans worth Rs 64,000 crore through its finance partners
Maruti Suzuki Smart Finance has achieved a landmark milestone of facilitating one million car loans through its 23 finance partners, within a span of three years. Since its inception in 2020, collaborating with its finance partners, MSSF has enabled hassle-free loans worth over Rs 64,000 crore to customers across NEXA and Arena channels. MSSF is a cutting-edge… Continue reading Maruti Suzuki Finance enables 1 million customers with loans worth Rs 64,000 crore through its finance partners
Yulu invites entrepreneurs in Indian cities to become local e-mobility pioneers
Yulu, India’s largest shared electric 2-wheeler mobility player has launched the Yulu Business Partner Programme for Indian cities. Under the Programme, established business entities and young entrepreneurs will get the opportunity to roll out Yulu’s mobility service in their respective cities with end-to-end support from the company. It will enable Yulu to democratise access to… Continue reading Yulu invites entrepreneurs in Indian cities to become local e-mobility pioneers
Yulu invites entrepreneurs in Indian cities to become local e-mobility pioneers
Yulu, India’s largest shared electric 2-wheeler mobility player has launched the Yulu Business Partner Programme for Indian cities. Under the Programme, established business entities and young entrepreneurs will get the opportunity to roll out Yulu’s mobility service in their respective cities with end-to-end support from the company. It will enable Yulu to democratise access to… Continue reading Yulu invites entrepreneurs in Indian cities to become local e-mobility pioneers
Yulu invites entrepreneurs in Indian cities to become local e-mobility pioneers
Yulu, India’s largest shared electric 2-wheeler mobility player has launched the Yulu Business Partner Programme for Indian cities. Under the Programme, established business entities and young entrepreneurs will get the opportunity to roll out Yulu’s mobility service in their respective cities with end-to-end support from the company. It will enable Yulu to democratise access to… Continue reading Yulu invites entrepreneurs in Indian cities to become local e-mobility pioneers
Savi Soin appointed as President of Qualcomm India
Qualcomm Incorporated today announced the appointment of Savi Soin as senior vice president and president of Qualcomm India. Soin’s appointment will be effective immediately and he will be reporting directly to Jim Cathey, Chief Commercial Officer, Qualcomm Technologies (QCT). As President of Qualcomm India, Soin is in charge of leading and executing Qualcomm’s strategy in… Continue reading Savi Soin appointed as President of Qualcomm India
Tork Motors partners with HDFC Bank to offer easy finance options
Electric motorcycle maker Tork Motors has collaborated with HDFC Bank to provide easy financing solutions for its customers at a rate of 9.5% for a period of up to 48 months. The partnership is aimed at offering tailormade finance solutions to suit the needs of Tork Motors’ customers, making the KRATOS-R more accessible to new… Continue reading Tork Motors partners with HDFC Bank to offer easy finance options
Gulf Oil Lubricants reports 23.42% net profit to Rs 68.30 crore during Q1 FY24
Gulf Oil Lubricants, a unit of Hinduja Group and Gulf Oil International, reported a net profit of Rs 68.30 crore during Q1FY24 translating to 23.42% growth over similar period last year of Rs 55.33 crore on the back of growth led by business-to-business (B2B) and infrastructure segment as well as the OEM franchisee workshop. Future,… Continue reading Gulf Oil Lubricants reports 23.42% net profit to Rs 68.30 crore during Q1 FY24
TVS launches Bluetooth and drum brake-equipped Jupiter ZX at Rs 84,468
TVS Motor Co has launched another variant of its best-selling scooter, the Jupiter. The new Jupiter ZX Drum, priced at Rs 84,468 (ex-showroom Delhi), is the ZX variant with a drum brake and its SmartXonnect Bluetooth tech, previously available only with the disc brake variant. The new variant features TVS’ Bluetooth-enabled SmartXonnect technology that allows… Continue reading TVS launches Bluetooth and drum brake-equipped Jupiter ZX at Rs 84,468