Amid the rising disruption of EVs and shared mobility, TVS Motor Company, India’s third-largest two-wheeler maker, intends to develop the dynamics of the start-ups and link them to its core business. Having been on an acquisition spree, TVS Motor has picked up a stake in emerging companies such as EBCO in UK, Drive X,… Continue reading TVS Motor Company to develop dynamics of a start-up, transition to a Smart Mobility Company, says Chairman Ralf Speth
Author: Autocar_Professional India Online News
Renault and Nissan conclude definitive agreements
Renault Group and Nissan Motor Co. today announced that they have entered into the definitive agreements contemplated by the binding framework agreement executed and announced on February 6, 2023. This allows them to enter the next phase of collaboration with Renault and Mitsubishi Motors in mutually beneficial areas of innovations. The agreements focus on extending… Continue reading Renault and Nissan conclude definitive agreements
Toyota readies three new models for India launch this year
The badge-engineering exercise between Toyota and Maruti Suzuki has already given us three pairs of shared models between the two brands in India, the most recent one being the Innova Hycross-Invicto duo. And it’s certainly not stopping at that. As we had reported in January this year, Toyota is readying two more badge-engineered Maruti Suzuki models for launch in India this… Continue reading Toyota readies three new models for India launch this year
Rane Madras reports net loss of Rs 14.5 crore in Q1 FY24
Auto component maker Rane reported a consolidated net loss of Rs 14.5 crore in the April-June quarter (Q1 FY24). The company posted a net loss of Rs 3.3 crore in the same quarter a year ago. The company reported a total income of Rs 153.06 crore during the period ended June 30, 2023, down 8%… Continue reading Rane Madras reports net loss of Rs 14.5 crore in Q1 FY24
Ampere partners with Readily Mobility to offer full-stack after-sales services to Fleet customers
Ampere, the electric two-wheeler brand of Greaves Electric Mobility, has entered into a collaboration with Readily Mobility, a leader in the vehicle assistance industry, bringing full-stack after-sales and service support for its B2B fleet customers. Under this agreement, Readily Mobility will cater to Ampere’s fleet of vehicles, to ensure smooth operations, minimal downtime, and maximum business efficiency for Ampere’s fleet customers.… Continue reading Ampere partners with Readily Mobility to offer full-stack after-sales services to Fleet customers
Volvo XC40 Recharge captures 25% share of luxury EV market in H1 2023
Volvo Car India’s luxury EV the XC 40 Recharge captured 25% of the market share in the luxury EV segment. According to data available on the Government of India’s Vahan portal, the XC40 Recharge sold 241 units in the period January-June 2023 which corresponds to 25% of the luxury EV segment. Volvo’s XC 40 Recharge… Continue reading Volvo XC40 Recharge captures 25% share of luxury EV market in H1 2023
Audi integrates YouTube into various models
Audi is integrating YouTube, the world’s largest video platform, into selected models’ infotainment systems. By embedding a new app store, customers can intuitively access popular third-party apps through the Multimedia Interface (MMI) via a data link in the vehicle. The YouTube app is now available in the app store for the first time. Video streaming… Continue reading Audi integrates YouTube into various models
Maruti Suzuki Subscribe completes 3 years
Maruti Suzuki Subscribe is celebrating its third anniversary this month. The Subscription programme has emerged as an alternate mode of car ownership for customers, providing them with unparalleled convenience and flexibility. Launched in July 2020, Maruti Suzuki Subscribe offers customised car subscription options through multiple partners for all-inclusive monthly rentals through a marketplace platform (www.marutisuzuki.com/subscribe).… Continue reading Maruti Suzuki Subscribe completes 3 years
No plans of rolling out FAME III incentive scheme, says Ministry of Heavy Industries
Amid slowing growth of electric vehicles, the Ministry of Heavy Industries has stated that it has no proposal to launch the FAME III scheme at present. This information was shared by the Minister of State for Heavy Industries, Krishan Pal Gurjar in a written reply in the Lok Sabha on Tuesday. Post rationalisation of subsidies in… Continue reading No plans of rolling out FAME III incentive scheme, says Ministry of Heavy Industries
Joy e-bike inaugurates 12 exclusive distributor showrooms across 11 cities in India
Wardwizard Innovations and Mobility, an electric vehicle manufacturer under the brand ‘Joy e-bike’, has inaugurated 12 exclusive distributor showrooms across 11 cities in India. These showrooms will ensure efficient supply chain management for the distributors and dealers, and increase the ease of getting vehicles for customers. This initiative marks a significant milestone in the company’s… Continue reading Joy e-bike inaugurates 12 exclusive distributor showrooms across 11 cities in India