Ashok Leyland plans to enter the sub-two tonne mini-truck segment and challenge rivals Tata Motors and Mahindra & Mahindra

Ashok Leyland, the country’s third largest commercial vehicle maker plans to be a full range player in the fast-growing light commercial vehicle space. Addressing the investors on Thursday, Shenu Aggarwal, MD and CEO of Ashok Leyland said that the company plans to enter the sub-two tonne space and grow its presence in the 2-3.5 tonne segment.… Continue reading Ashok Leyland plans to enter the sub-two tonne mini-truck segment and challenge rivals Tata Motors and Mahindra & Mahindra

Ashok Leyland aims to corner 35% market share in the intermediate, medium and heavy truck segment

Ashok Leyland, the country’s second-largest medium and heavy vehicle maker is targeting a market share of 35% in the segment in the coming year, led by a strong market outperformance, claimed the company management to investors on Thursday. In the intermediate commercial vehicle – it plans to grow its truck share from 25% to 35%,… Continue reading Ashok Leyland aims to corner 35% market share in the intermediate, medium and heavy truck segment

Mahindra launches SUV XUV700 in Australia

Mahindra & Mahindra on Wednesday said it has launched the XUV700 in Australia. Given the strategic importance of this market, Mahindra’s introduction of its flagship SUV marks the company’s ambitious global expansion strategy and signifies the beginning of a phase for the brand in Australia, the press release noted. Mahindra recognises the significance of the… Continue reading Mahindra launches SUV XUV700 in Australia

Volvo Car India expects 25-30 percent of its sales in 2023 to come from EVs

Swedish luxury car maker Volvo Car India expects almost a third of its sales to come from battery electric vehicles (EVs). Already, in the first five months of this calendar year, 25 percent of the company’s sales are EVs. With the launch of the new C40 electric coupe, Volvo Car India may breach the four-digit mark… Continue reading Volvo Car India expects 25-30 percent of its sales in 2023 to come from EVs

Volvo Car India expects 25-30 percent of its sales in 2023 to come from EVs

Swedish luxury car maker Volvo Car India expects almost a third of its sales to come from battery electric vehicles (EVs). Already, in the first five months of this calendar year, 25 percent of the company’s sales are EVs. With the launch of the new C40 electric coupe, Volvo Car India may breach the four-digit mark… Continue reading Volvo Car India expects 25-30 percent of its sales in 2023 to come from EVs

Ford’s 320kph wind tunnel helps design most aerodynamic Mustang

Wind tunnels have long been used to design and test aerodynamic and energy efficient vehicles. Now, Ford has combined the latest wind tunnel technology with the equivalent of a vehicle-sized treadmill to help create its next-generation of production vehicles, including the all-new Mustang Dark Horse. Capable of simulating wind and road surface speeds of 200mph… Continue reading Ford’s 320kph wind tunnel helps design most aerodynamic Mustang

Maruti Suzuki takes early lead in UV sales in April-May, Mahindra drives ahead of Tata Motors

Two months into the fiscal year, the utility vehicle (UV) segment, which includes SUVs and MPVs, continues to be the bulwark of the overall passenger vehicle segment in India. With cumulative wholesales of 363,563 units in April-May 2023, UVs accounted for 54.61% of total PV sales of 665,625 units, improving upon the 51.50% they had… Continue reading Maruti Suzuki takes early lead in UV sales in April-May, Mahindra drives ahead of Tata Motors

Hero MotoCorp launches 2023 Xtreme 160R 4V at a price range of Rs 1.27 – 1.36 lakh

Hero has launched the Xtreme 160R 4V in India, with prices beginning at Rs 1.27 lakh and going up to Rs 1.36 lakh (ex-showroom, Delhi), depending on the variant. Most notably, this update brings a 37mm KYB USD fork and Showa monoshock, a more powerful 4-valve engine and a couple other cosmetic changes. 2023 Hero… Continue reading Hero MotoCorp launches 2023 Xtreme 160R 4V at a price range of Rs 1.27 – 1.36 lakh

Everest Fleet secures US$ 20 million in funding led by Uber

Everest Fleet secures US$ 20 million in funding led by Uber Everest Fleet Mumbai-based fleet operator, has closed a US$ 20 million funding round led by Uber, the global ridesharing leader.  The funding will enable Everest Fleet to expand its operations and grow the overall supply pool available for the ridesharing industry where demand continues… Continue reading Everest Fleet secures US$ 20 million in funding led by Uber

Hero MotoCorp launches 2023 Xtreme 160R 4V at a price range of 1.27 lakh to 1.36 lakh

Hero has launched the Xtreme 160R 4V in India, with prices beginning at Rs 1.27 lakh and going up to Rs 1.36 lakh (ex-showroom, Delhi), depending on the variant. Most notably, this update brings a 37mm KYB USD fork and Showa monoshock, a more powerful 4-valve engine and a couple other cosmetic changes. 2023 Hero… Continue reading Hero MotoCorp launches 2023 Xtreme 160R 4V at a price range of 1.27 lakh to 1.36 lakh