Ola to act on IPO faster than anticipated: Report

Ola Electric Mobility has plans of going public earlier than anticipated, Bloomberg has reported. The electric two-wheeler’s founder and CEO Bhavish Aggarwal told the newswire that he thought that it would take him 4-6 years of revenue to go public, but now it will be much earlier.  Ola Electric has grown and matured faster than… Continue reading Ola to act on IPO faster than anticipated: Report

Vitesco Technologies enters the independent aftermarket

Vitesco Technologies, a manufacturer of drive systems for sustainable mobility, has launched direct sales of OE-manufactured spare parts in the Independent Aftermarket. The long-term goal is to establish spare parts and services for electrically powered vehicles – from passenger cars to commercial vehicles – from a single source. Based on the broad existing product portfolio,… Continue reading Vitesco Technologies enters the independent aftermarket

Kia India records 13,424 pre-orders for new Seltos within 24 hours

Kia India has recorded 13,424 pre-orders of the new Seltos within 24 hours, the mid-size SUV segment’s highest first-day bookings ever. Out of these, 1,973 bookings were done using the K-Code which was a special program by the Korean marque to expand the Seltos community by giving existing Seltos owners high-priority delivery for the new… Continue reading Kia India records 13,424 pre-orders for new Seltos within 24 hours

Editor’s letter: Why McLaren boss has most exciting job in automotive

“There’s a lot to do,” admits McLaren CEO Michael Leiters, who has been in one of the industry’s toughest yet potentially most rewarding jobs since July 1 last year. “It’s definitely challenging – but I think it’s the most exciting job in the automotive industry.” We first spoke to Leiters just a few weeks into… Continue reading Editor’s letter: Why McLaren boss has most exciting job in automotive

Mercedes-AMG A45 S

As foundations go, the standard Mercedes A-Class’s cabin was always going to lend itself well to hot hatches. In terms of style appeal, the base architecture starts things off strongly: the same stepped dashboard top remains, as do the turbine-style air vents in the centre fascia and the large twin screens of the MBUX infotainment… Continue reading Mercedes-AMG A45 S

India’s auto exports plunge 28 percent in Q1FY24 as monetary crisis hits Africa, other developing nations

The monetary crisis in Africa and other developing nations had a negative impact on India’s exports of automobiles, which fell 28 percent in the April-June quarter of FY24. Overall exports stood at 10.3 lakh units in the first quarter ended June 30, down from 14.2 lakh units in the same period last year. As per… Continue reading India’s auto exports plunge 28 percent in Q1FY24 as monetary crisis hits Africa, other developing nations

India’s auto exports plunge 28 percent in Q1FY24 as monetary crisis hits Africa, other developing nations

The monetary crisis in Africa and other developing nations had a negative impact on India’s exports of automobiles, which fell 28 percent in the April-June quarter of FY24. Overall exports stood at 10.3 lakh units in the first quarter ended June 30, down from 14.2 lakh units in the same period last year. As per… Continue reading India’s auto exports plunge 28 percent in Q1FY24 as monetary crisis hits Africa, other developing nations

India’s auto exports plunge 28 percent in Q1FY24 as monetary crisis hits Africa, other developing nations

The monetary crisis in Africa and other developing nations had a negative impact on India’s exports of automobiles, which fell 28 percent in the April-June quarter of FY24. Overall exports stood at 10.3 lakh units in the first quarter ended June 30, down from 14.2 lakh units in the same period last year. As per… Continue reading India’s auto exports plunge 28 percent in Q1FY24 as monetary crisis hits Africa, other developing nations

India’s auto exports plunge 28 percent in Q1FY24 as monetary crisis hits Africa, other developing nations

The monetary crisis in Africa and other developing nations had a negative impact on India’s exports of automobiles, which fell 28 percent in the April-June quarter of FY24. Overall exports stood at 10.3 lakh units in the first quarter ended June 30, down from 14.2 lakh units in the same period last year. As per… Continue reading India’s auto exports plunge 28 percent in Q1FY24 as monetary crisis hits Africa, other developing nations

India’s auto exports plunge 28 percent in Q1FY24 as monetary crisis hits Africa, other developing nations

The monetary crisis in Africa and other developing nations had a negative impact on India’s exports of automobiles, which fell 28 percent in the April-June quarter of FY24. Overall exports stood at 10.3 lakh units in the first quarter ended June 30, down from 14.2 lakh units in the same period last year. As per… Continue reading India’s auto exports plunge 28 percent in Q1FY24 as monetary crisis hits Africa, other developing nations