Yearly Archives: 2023

LOHUM and Vecmocon partner to accelerate EV battery adoption

LOHUM, India's largest producer of sustainable energy transition materials and Vecmocon, a leading Indian EV intelligence company backed by Tiger Global & Blume Ventures,...

Maruti Suzuki True Value crosses 50 lakh sales mark

Maruti Suzuki has announced that it's pre-owned car brand 'True Value' has crossed 50 lakh sales mark. Introduced in 2001, it has been a...

Honda Cars joins Bajaj Finance to provide financing solutions

Honda Cars India Ltd. (HCIL), leading manufacturer of premium cars in India, has partnered with Bajaj Finance Ltd., the lending arm of Bajaj FinServ...

UP Police & Rapido join hands to Promote Safe Riding

Continuing with its endeavors to promote road safety and safe driving amongst two-wheeler riders, Rapido, India’s leading bike-taxi aggregator platform, has yet again initiated...

Tesla appoints Vaibhav Taneja as new CFO

Tesla, an automotive and energy company appointed the Indian-origin Vaibhav Taneja as Chief Financial Officer. He will take over as the CFO in addition...

Indian auto component industry FY 23 turnover up 32.8% to Rs 5.6L crore: ACMA

The Indian automotive component industry achieved its highest-ever turnover of INR 5.6 lakh crore (USD 69.7 billion) during the fiscal year 2022-23, according to...

VECV inks MoU with IIT Indore for tech. development and upskilling

VE Commercial Vehicles (VECV) has recently signed a Memorandum of Understanding (MoU) with IIT Indore (IITI) for a period of five years. This partnership...

Auto retail sales grow 10% YoY in July 2023: FADA            

Auto retail sales in July maintained a steady 10% YoY growth, mirroring the previous month's trend, encompassing positive performances across segments like 2W, 3W,...

Toyota unveils new Land Cruiser 250 series

Toyota Motor Corporation (Toyota) has unveiled the new Land Cruiser "250" Series. Additionally, the heavy-duty Land Cruiser "70" will return to Japan as a...

Maruti Suzuki leads the market with 8 products in top-10 list

Maruti Suzuki continued to lead the Indian passenger vehicle market with securing eight out of the top ten spots in the best-selling cars list in...
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