Mercedes-Benz to roll out direct-to-consumer retail model in the UK, Germany in CY2023

Mercedes-Benz to roll out direct-to-consumer retail model in the UK, Germany in CY2023 German luxury carmaker Mercedes-Benz is closer to rolling out a direct-to-consumer (D2C) retail format in its home turf later this year. The retail model will be a replica and fine-tuned version of the carmaker’s lean retail push in markets such as South… Continue reading Mercedes-Benz to roll out direct-to-consumer retail model in the UK, Germany in CY2023

Tata Elxsi partners with IIT Guwahati to foster EV Technologies

Tata Elxsi, a design-led technology services provider to the auto sector, has signed a Memorandum of Understanding (MoU), with the Indian Institute of Technology (IIT), Guwahati, to collaborate on developing and commercialising state-of-the-art solutions for the Electric mobility market. This collaboration will bring together researchers and experts for advanced research in Material Science, Digital Twins, and Deep… Continue reading Tata Elxsi partners with IIT Guwahati to foster EV Technologies

Indian road logistics sector to remain favourable in FY24: ICRA

ICRA predicts that the demand scenario for the Indian road logistics sector will remain favorable in FY24, with the industry revenue growth expected to be in high single digits on an elevated base of FY23. This is supported by stable domestic consumption and investment demand. However, there are downside risks to these estimates due to… Continue reading Indian road logistics sector to remain favourable in FY24: ICRA

Indian road logistics sector to remain favourable in FY24: ICRA

ICRA predicts that the demand scenario for the Indian road logistics sector will remain favorable in FY24, with the industry revenue growth expected to be in high single digits on an elevated base of FY23. This is supported by stable domestic consumption and investment demand. However, there are downside risks to these estimates due to… Continue reading Indian road logistics sector to remain favourable in FY24: ICRA

Tata Motors introduces the new Nexon EV MAX #DARK

Tata Motors, which continues to witness robust demand in the Indian passenger vehicle market and is the strong No. 3 player after Maruti Suzuki and Hyundai Motor India, has introduced the new Nexon EV MAX #DARK. An extension of the #DARK range, the new Nexon EV MAX #DARK will be available in two trims: XZ+… Continue reading Tata Motors introduces the new Nexon EV MAX #DARK

Keshub Mahindra: The man who saw it all

I met Keshub Mahindra for the last time in October 2019 at an impromptu meeting at his Gateway of India office. His nephew Anand, whom I had come to meet, said, “Keshub uncle is in office, would you like to catch up with him?” That catch-up, which I expected to last for a few minutes,… Continue reading Keshub Mahindra: The man who saw it all

Maruti Suzuki launches new 1.2L Super Carry, 158,000 units sold since launch

Maruti Suzuki India today launched the upgraded version of its mini-truck, the Super Carry. The big news is that the Super Carry, the company’s sole commercial vehicle in the Indian market, gets a more powerful engine. Also introduced is a new CNG cab chassis variant, which allows buyers to customise their Super Carry depending upon… Continue reading Maruti Suzuki launches new 1.2L Super Carry, 158,000 units sold since launch

Revolt Motors announces low cost financing scheme at 5.99% per annum for its electric motorcycles

Revolt Motors announces low cost financing scheme at 5.99% per annum for its electric motorcycles RattanIndia’s Revolt Motors, a Haryana-based electric vehicle bike company, has announced a new low-cost financing scheme for its customers, to purchase Revolt motorcycles at an interest rate of 5.99 percent per annum. This low-cost financing scheme combined with complete saving… Continue reading Revolt Motors announces low cost financing scheme at 5.99% per annum for its electric motorcycles

Ashok Leyland wins VRL Logistics’ order for 1,560 AVTR trucks

In one of the largest single orders for heavy commercial vehicles, Ashok Leyland has received an order of 1,560 trucks from VRL Logistics, one of the largest logistics companies in India. This order is for the AVTR 3120 and AVTR 4420 TT models of Ashok Leyland. Shenu Agarwal, MD and CEO, Ashok Leyland, said, “VRL Logistics and… Continue reading Ashok Leyland wins VRL Logistics’ order for 1,560 AVTR trucks

RattanIndia’s Revolt Motors announces low cost financing scheme at 5.99% per annum for its electric motorcycles

RattanIndia’s Revolt Motors announces low cost financing scheme at 5.99% per annum for its electric motorcycles RattanIndia’s Revolt Motors, a Haryana-based electric vehicle bike company, has announced a new low-cost financing scheme for its customers, to purchase Revolt motorcycles at an interest rate of 5.99 percent per annum. This low-cost financing scheme combined with complete… Continue reading RattanIndia’s Revolt Motors announces low cost financing scheme at 5.99% per annum for its electric motorcycles