Mahindra to launch Bolero Neo+ in September

Mahindra will finally launch the long-delayed Bolero Neo+ in the market by September 2023. Essentially a facelifted TUV300+, which was only on sale for less than three years, the new Bolero Neo+ will be aimed at Tier 2 customers looking for either a vehicle bigger than the popular Bolero or a slightly affordable alternative to the Scorpio Classic.  … Continue reading Mahindra to launch Bolero Neo+ in September

Mahindra to launch Bolero Neo+ in September

Mahindra will finally launch the long-delayed Bolero Neo+ in the market by September 2023. Essentially a facelifted TUV300+, which was only on sale for less than three years, the new Bolero Neo+ will be aimed at Tier 2 customers looking for either a vehicle bigger than the popular Bolero or a slightly affordable alternative to the Scorpio Classic.  … Continue reading Mahindra to launch Bolero Neo+ in September

Tesla discusses India plans with commerce minister Goyal in Delhi: Report 

India’s Commerce Minister Piyush Goyal met senior Tesla executives the previous week in a closed door meeting,  to talk about its plans to set up a manufacturing plant in the country, Reuters reported citing two sources. Tesla has evinced interest in establishing a factory in India that will produce a low-cost electric vehicle at US$… Continue reading Tesla discusses India plans with commerce minister Goyal in Delhi: Report 

M&M board approves consolidation of group companies

The M&M Board has approved the Scheme of Merger by Absorption of Mahindra Heavy Engines Limited (MHEL), Mahindra Two Wheelers (MTWL) and Trringo (TCL), as wholly owned subsidiaries. The entire assets and liabilities of MHEL, MTWL and TCL will be transferred to and recorded by the company at their carrying values. The entire share capital… Continue reading M&M board approves consolidation of group companies

Strike by drivers of BEST’s private bus operators continues, over 1,300 buses stay off roads: PTI

The strike by the drivers of private bus operators hired by the BEST – Mumbai’s civic transport utility – intensified on the third day on Friday with more than 1,300 buses staying off roads, causing immense inconvenience to commuters using the service. A spokesperson of the Brihanmumbai Electric Supply and Transport (BEST) said that as… Continue reading Strike by drivers of BEST’s private bus operators continues, over 1,300 buses stay off roads: PTI

Strike by drivers of BEST’s private bus operators continues, over 1,300 buses stay off roads: PTI

The strike by the drivers of private bus operators hired by the BEST – Mumbai’s civic transport utility – intensified on the third day on Friday with more than 1,300 buses staying off roads, causing immense inconvenience to commuters using the service. A spokesperson of the Brihanmumbai Electric Supply and Transport (BEST) said that as… Continue reading Strike by drivers of BEST’s private bus operators continues, over 1,300 buses stay off roads: PTI

BRANDED CONTENT: The efficient road to sustainable mobility

FEV is a globally leading engineering provider in the automotive industry and an internationally recognised leader of innovation across different sectors and industries. Professor Franz Pischinger laid the foundations in 1978 by combining his background in academia and engineering with a great vision for continual progress. The company has supplied solutions and strategy consulting to… Continue reading BRANDED CONTENT: The efficient road to sustainable mobility

BRANDED CONTENT: The efficient road to sustainable mobility

FEV is a globally leading engineering provider in the automotive industry and an internationally recognised leader of innovation across different sectors and industries. Professor Franz Pischinger laid the foundations in 1978 by combining his background in academia and engineering with a great vision for continual progress. The company has supplied solutions and strategy consulting to… Continue reading BRANDED CONTENT: The efficient road to sustainable mobility

Altigreen partners with Axis Bank to offer tailored financial solutions

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

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