Hero Electric gains No.1 spot for July sales

Hero Electric has emerged as the number one EV two-wheeler Company in India for July 2022, clocking 30 percent higher from its June numbers to unseat Okinawa that topped the June Two-wheeler sales tally. This is based on the numbers put out on the Vahaan database. According to the database, Ola Electric and Ather saw their… Continue reading Hero Electric gains No.1 spot for July sales

Ola Electric suspends manufacturing

Ola Electric has denied reports doing the rounds that it has temporarily paused its manufacturing at its sprawling 500 acres, 10 million-unit facility Krishnagiri near Bengaluru and plans to rationalise staff due to a pile-up of inventory of about 4,000 scooters.  An Ola Company spokesperson said the staff trimming is “routine” and that like other automakers,… Continue reading Ola Electric suspends manufacturing

Nine new cars and SUVs coming in August

August 2022 has dawned and it’s a month which will see reveals and launches of more than half-a-dozen cars. Coming to the Indian market soon are two SUVs, a hatchback and an electric sedan, while Mahindra & Mahindra will unveil five electric SUVs. The most economical option launching in August is from Maruti Suzuki, in the form of… Continue reading Nine new cars and SUVs coming in August

Tech glitch for Scorpio-N bookings leaves buyers in the lurch

Mahindra & Mahindra (M&M) dealers’ worst fears of the Scorpio-N booking site crashing came true as many customers who were waiting to book the SUV from 10.30 am were unable to do so at introductory prices at the commencement of the booking time at 11am. Expressing his ire on Twitter, one wrote to  @anandmahindra Sir,… Continue reading Tech glitch for Scorpio-N bookings leaves buyers in the lurch

VOID AT THE TOP 

Herbert Diess has been in the news for the last few days following his abrupt exit as CEO of the Volkswagen Group. Reports indicate that he was ousted by the Board in a dramatic turn of events where the CEO of Porsche, Oliver Blume, has been anointed successor. Diess has been the face of VW… Continue reading VOID AT THE TOP 

New Mahindra Scorpio N clocks 100,000 bookings in just 30 minutes

Mahindra & Mahindra’s recently launched new Scorpio has set a new record: 100,000 bookings within 30 minutes of online bookings commencing at 11am today. That’s 3,333 bookings in every minute! And the first 25,000 bookings came within the first minute. M&M says this translates into an ex-showroom value of around Rs 18,000 crore or US$… Continue reading New Mahindra Scorpio N clocks 100,000 bookings in just 30 minutes

Toyota Kirloskar Motor’s ‘green wave’ grows through afforestation

In its journey of developing a strong sustainable culture in the company, Toyota Kirloskar Motor continues to make strides in creating a green campus through afforestation drives held at its plant in Bidadi (Karnataka). A recent event saw the participation of over 250 people including students, NGOs, government officials from the Education Department and Directorate… Continue reading Toyota Kirloskar Motor’s ‘green wave’ grows through afforestation

Ducati sells 33,265 bikes in H1 2022, revenue up 54% to 542m euros

Ducati has recorded a strong first half CY2022, despite the challenges imposed by the ongoing supply and logistics crisis. Between January to June 2022, the Italian bikemaker’s revenue grew by 5.4%, going from 514 to 542 million euros (Rs 4,410 crore). This is the highest figure ever recorded by the motorcycle manufacturer in the first… Continue reading Ducati sells 33,265 bikes in H1 2022, revenue up 54% to 542m euros

Bookings for Scorpio-N open tomorrow

For dealers of Mahindra & Mahindra, tomorrow will be a busy day. According to sources, more than around 2 lakh customers have already added Scorpio N, launched on 27 June, to the booking cart, much like you do when shopping online. Dealers are apprehensively stating that “hopefully the site doesn’t crash” when bookings open tomorrow… Continue reading Bookings for Scorpio-N open tomorrow