Zelio E-Mobility Ltd. has secured approval from the Securities and Exchange Board of India (SEBI) for its Small and Medium Enterprises (SME) initial public offering, aimed at raising ₹78 crore through a listing on the Bombay Stock Exchange. The electric vehicle manufacturer, which received Draft Red Herring Prospectus (DRHP) approval, expects to launch the IPO… Continue reading Zelio E-Mobility Receives SEBI Approval for ₹78 Crore SME IPO on BSE
Category: US Motoring Press
JLR hack: UK government steps in to help restart production
The UK government has officially stepped in to help JLR as it looks to restart car production following a cyber attack that has severely affected the firm’s operations. On Tuesday, the Jaguar and Land Rover company said it would attempt to restart production lines from 24 September. No cars have been built globally since the 1 September… Continue reading JLR hack: UK government steps in to help restart production
BMWs, VWs and Mercs headline German motor show – 64 years ago
BMW has recently revealed its new iX3 SUV at the Munich motor show, as the first member of its ‘Neue Klasse’ of EVs. These cars are critical for the company’s future just as the original ‘Neue Klasse’ of mid-sized saloons was back in the early 1960s, when BMW found itself under serious financial pressure. It… Continue reading BMWs, VWs and Mercs headline German motor show – 64 years ago
Crucial new Volvo EX60 to be revealed on 21 January
The crucial new Volvo EX60 electric family SUV, described as a “cornerstone” of the firm’s future line-up, will be revealed on 21 January. The Swedish firm has been gradually hyping the launch of the new EV for months and CEO Håkan Samuelsson has now confirmed its reveal date on social media platform LinkedIn with an early look… Continue reading Crucial new Volvo EX60 to be revealed on 21 January
Renault to channel Papa and Nicole for new UK-specific Clio adverts
Renault will launch a UK-specific marketing campaign for the new sixth-generation Clio in a landmark break from the established convention of global advertising – channelling the spirit of one of the best-known car ads of all time. The company will look to replicate the success of Papa and Nicole, the fictional father and daughter it created for… Continue reading Renault to channel Papa and Nicole for new UK-specific Clio adverts
Jeep discounts Avenger EV by £3750 in response to ECG
Jeep has cut the price of the electric Avenger by £3750 following the introduction of the government’s Electric Car Grant (ECG), for which it has yet to qualify. The discount has been applied to all trim levels of the EV, meaning its price now ranges from £26,249 for the entry-level Longitude model to £30,249 for… Continue reading Jeep discounts Avenger EV by £3750 in response to ECG
Mahindra Reduces ICE SUV Prices with Combined Benefits Up to ₹2.56 Lakh
Mahindra & Mahindra has announced revised pricing for its internal combustion engine (ICE) SUV lineup, delivering substantial savings to customers through a combination of GST benefits and additional incentives. The Mumbai-based automaker is passing the complete GST reduction benefit directly to consumers while supplementing these savings with additional benefits ranging from ₹0.20 lakh to ₹1.29… Continue reading Mahindra Reduces ICE SUV Prices with Combined Benefits Up to ₹2.56 Lakh
L&T Finance Launches Three Festive Schemes for Two-Wheeler Loans
L&T Finance launched three festive financing schemes for two-wheeler loans on Thursday, targeting customers during the festival season with options including no-cost EMI, payment rebates and deferred principal payments. The No Cost EMI scheme allows customers to finance purchases without interest charges, requiring only a nominal documentation fee. The Prompt Payment Rebate scheme offers final… Continue reading L&T Finance Launches Three Festive Schemes for Two-Wheeler Loans
L&T Finance Launches Three Festive Schemes for Two-Wheeler Loans
L&T Finance launched three festive financing schemes for two-wheeler loans on Thursday, targeting customers during the festival season with options including no-cost EMI, payment rebates and deferred principal payments. The No Cost EMI scheme allows customers to finance purchases without interest charges, requiring only a nominal documentation fee. The Prompt Payment Rebate scheme offers final… Continue reading L&T Finance Launches Three Festive Schemes for Two-Wheeler Loans
ACMA Northern Region Announces New Leadership
The Automotive Component Manufacturers Association (ACMA) has appointed Anmol Jain, Managing Director of Lumax Auto Technologies Ltd., as Chairperson of its Northern Region, marking a new phase of regional leadership focused on collaboration and growth. Jain succeeds the previous regional head as ACMA continues to expand its footprint and initiatives across India’s northern industrial hubs.… Continue reading ACMA Northern Region Announces New Leadership