Tata Motors Finance (TMF) has partnered with EV ride hailing service provider BluSmart Mobility, to facilitate the expansion of its fleet and operations in Delhi NCR. The said credit facility is offered in the form of an umbrella financing cum lease solution that will enable BluSmart to expand its fleet by 200 electric vehicles. Samrat… Continue reading Tata Motors Finance extends Rs 25 crore structured credit facility for BluSmart Mobility’s EV fleet expansion
Category: US Motoring Press
CUMI appoints Sridharan Rangarajan as MD
Carborundum Universal, a part of the Murugappa Group, has appointed Sridharan Rangarajan as Managing Director of the company, effective August 3, 2023. Sridharan is currently the Director – Finance and Strategy of the firm. Sridharan succeeds N Ananthaseshan who will be retiring and stepping down as a Director at the close of business hours on… Continue reading CUMI appoints Sridharan Rangarajan as MD
Hyundai Motor partners with Culture Convenience Club to offer personalised zero emission vehicle lifestyle
Hyundai Motor Company, Hyundai Mobility Japan, and lifestyle content company Culture Convenience Club (CCC) today signed a memorandum of understanding (MOU) to co-create sustainable lifestyle services for the zero-emission-vehicle (ZEV) era. The partnership aims to further facilitate Hyundai Motor’s efforts to satisfy Japanese customers with zero-emission vehicles and online sales since its re-entry into the… Continue reading Hyundai Motor partners with Culture Convenience Club to offer personalised zero emission vehicle lifestyle
EXCLUSIVE: Daimler veteran Michael Benz joins Tata Motors CV Biz, to steer development of new generation engines
Michael Benz, a veteran engine specialist from the global truck maker Daimler AG has joined Tata Motors to lead its Power Systems Engineering Division for the commercial vehicle business as the company strives to stay ahead in the alternate fuel business. Benz takes charge as the Vice President of the division from Milind Peshave, who retires… Continue reading EXCLUSIVE: Daimler veteran Michael Benz joins Tata Motors CV Biz, to steer development of new generation engines
EXCLUSIVE: Daimler veteran Michael Benz joins Tata Motors CV Biz, to steer development of new generation engines
Michael Benz, a veteran engine specialist from the global truck maker Daimler AG has joined Tata Motors to lead its Power Systems Engineering Division for the commercial vehicle business as the company strives to stay ahead in the alternate fuel business. Benz takes charge as the Vice President of the division from Milind Peshave, who retires… Continue reading EXCLUSIVE: Daimler veteran Michael Benz joins Tata Motors CV Biz, to steer development of new generation engines
Ashok Leyland partners with IDBI Bank for providing Channel Finance facilities
Ashok Leyland, the Indian flagship company of the Hinduja Group and the commercial vehicle manufacturer, signed a Memorandum of Understanding (MoU), with IDBI Bank, to enter into a strategic channel financing partnership for its dealers, who will be able to avail customised financial solutions. Gopal Mahadevan, CFO, Ashok Leyland, said, “With the combined strength of… Continue reading Ashok Leyland partners with IDBI Bank for providing Channel Finance facilities
Auto component makers to see around 10-12% revenue growth, says Crisil
The Indian automotive components sector is expected to witness around 10-12% growth in revenue in 2023-2024. The key factors include domestic growth buoyed by robust demand from original equipment manufacturers (OEMs) on the back of a high base of past fiscals, and steady aftermarket demand. This is despite exports continuing to remain sluggish, according to… Continue reading Auto component makers to see around 10-12% revenue growth, says Crisil
Auto component makers to see around 10-12% revenue growth, says Crisil
The Indian automotive components sector is expected to witness around 10-12% growth in revenue in 2023-2024. The key factors include domestic growth buoyed by robust demand from original equipment manufacturers (OEMs) on the back of a high base of past fiscals, and steady aftermarket demand. This is despite exports continuing to remain sluggish, according to… Continue reading Auto component makers to see around 10-12% revenue growth, says Crisil
Insight: The UK firm steering the future of the car industry
We are standing in the R&D headquarters of Titan, the UK manufacturer of some of the world’s most advanced automotive steering systems, looking at a large screen showing a map of the Suzuka Formula 1 racing circuit. A dot moves rapidly around it, representing a car. In the average teenage bedroom this would be part… Continue reading Insight: The UK firm steering the future of the car industry
Jet lag for EV drivers as Heathrow shuts chargers
Airlines may be keen to demonstrate their green credentials by adopting bio-fuels and more efficient engines but at ground level, drivers of electric cars using Britain’s busiest airport are discovering a major charging network has been switched off, with neither airport nor the charging company prepared to say why. Heathrow Airport was used by 62… Continue reading Jet lag for EV drivers as Heathrow shuts chargers