2023 Mercedes CLE first ride: trying the C-Class coupé replacement

There will also be selected AMG models, though again Mercedes-Benz is holding back on details right now. The existence of a six-cylinder petrol engine in standard CLE models hints at a possible CLE53 model. Speculation also revolves around a range-topping CLE63 with the same 2.0-litre four-cylinder-based plug-in hybrid system used by the C63. The CLE… Continue reading 2023 Mercedes CLE first ride: trying the C-Class coupé replacement

In Conversation with M&M’s Hemant Sikka

Mahindra & Mahindra is targeting a growth opportunity in the horticulture segment with its latest range of lightweight tractors from Swaraj that come with modern technology. With its new Target brand, Swaraj Tractors is bullish on registering incremental sales and fast growth from this product category. In a bid to participate in the fastest-growing horticulture… Continue reading In Conversation with M&M’s Hemant Sikka

In Conversation with M&M’s Hemant Sikka

Mahindra & Mahindra is targeting a growth opportunity in the horticulture segment with its latest range of lightweight tractors from Swaraj that come with modern technology. With its new Target brand, Swaraj Tractors is bullish on registering incremental sales and fast growth from this product category. In a bid to participate in the fastest-growing horticulture… Continue reading In Conversation with M&M’s Hemant Sikka

Volvo’s new EX30 is its smallest SUV with lowest C02 footprint

Volvo has revealed its EX30, which is a “cornerstone” of the company’s strategic transformation as an electric-only carmaker. The EX30 is the brand’s entry into a new and fast-growing segment of small, fully electric premium SUVs and aims to attract new and younger customers. The carmaker expects the EX30, priced at around 36,000 euros (Rs… Continue reading Volvo’s new EX30 is its smallest SUV with lowest C02 footprint

CARS24’s financial arm disburses over Rs 2,000 crore in pre-owned car loans

Auto tech company CARS24’s financial services arm has achieved a 100% year on year increase in loan disbursements and surpassed the Rs 2,000 crore milestone since inception. CARS24 obtained an NBFC licence in 2019, cementing its position as a full-stack solution for pre-owned car buyers. Here are some of the trends that are being observed:… Continue reading CARS24’s financial arm disburses over Rs 2,000 crore in pre-owned car loans

Tata Motors launches customer engagement programme for Tata EV owners

Continuing the celebration of World Environment Day, leading automobile manufacturer, Tata Motors has announced the introduction of ‘EVOLVE’ – a programme that brings together the Tata EV owners for a shared journey towards the growth of EV acceptance in the country. As per the company, the program will consist of various customer focussed activities including… Continue reading Tata Motors launches customer engagement programme for Tata EV owners

Tesla is not being considered for tailor made incentives by the Union Government: Report

PTI has reported that Tesla is not being considered for tailor made incentives by the Union Government, but states have the liberty to offer concessions to the automotive firm. Tesla has evinced interest in setting up a supply chain in the future, in India. Tesla representatives met Indian officials in the earlier month. On being… Continue reading Tesla is not being considered for tailor made incentives by the Union Government: Report

Tesla is not being considered for tailor made incentives by the Union Government: Report

PTI has reported that Tesla is not being considered for tailor made incentives by the Union Government, but states have the liberty to offer concessions to the automotive firm. Tesla has evinced interest in setting up a supply chain in the future, in India. Tesla representatives met Indian officials in the earlier month. On being… Continue reading Tesla is not being considered for tailor made incentives by the Union Government: Report

Attron Automotive raises Rs 4.75 crore from investors, aims to reduce EV dependence on China

Attron Automotive, a leading provider of innovative motor and controller solutions for electric vehicles (EVs), today announced the successful completion of the first round of funding, raising a total of 4.75 crore. It was led by Anicut Capital and the round saw participation from Pontaq VC, Venture Catalyst, and Yashovardhan Shah. The funds will be… Continue reading Attron Automotive raises Rs 4.75 crore from investors, aims to reduce EV dependence on China

Magna inaugurates Innovation Campus centre in Bengaluru

Magna, a mobility technology company has inaugurated its Innovation Campus in Bengaluru, India. The campus – spanning 239,000 square-feet – will be the center of the company’s R&D activities in Asia and will support various global projects. As per the company announcement, Magna has invested approximately US$120 million towards the manufacturing of the centre and… Continue reading Magna inaugurates Innovation Campus centre in Bengaluru