Yearly Archives: 2024

Tata Motors Finance and Bank of India collaborate to boost commercial vehicle financing

Tata Motors Finance and Bank of India have entered into a strategic co-sourcing agreement aimed at enhancing financing options for commercial vehicle owners and...

Ashok Leyland commences delivery of AVTR 55T Electric and BOSS Electric vehicles to Billion Electric Mobility

Ashok Leyland, the Indian flagship of the Hinduja Group and the country’s leading commercial vehicle manufacturer, with Billion Electric Mobility (member of Group BillionE),...

Mohammed Turra appointed MD & CEO of Mahindra First Choice Wheels

Mahindra First Choice Wheels Ltd, a leading multi-brand pre-owned car company, announced on Monday the appointment of Mohammed Turra as its new Managing Director...

Toyota Kirloskar Motor allocated 827 acres for new manufacturing plant in Maharashtra

Toyota Kirloskar Motor (TKM) has been allocated 827 acres of land in Chhatrapati Sambhajinagar, Maharashtra, for the establishment of a new manufacturing plant, according...

Magenta Mobility expands its sustainable operations with ‘Pink Turns Green’ initiative in Jaipur

Magenta Mobility, a leading provider of integrated electric mobility solutions, announced the launch of its operations in the pink city Jaipur, Rajasthan. Under this...

Yulu becomes EBITDA-Positive; Crosses ARR of US$ 30mn

Yulu has become India’s largest EBITDA (earnings before interest, taxes, depreciation and amortisation) profitable shared electric mobility company and has crossed an Annual Recurring Revenue (ARR) of US$30 million. This...

Kawasaki W230 launched globally

Kawasaki has officially launched its new retro-styled W230 motorcycle in global markets. The bike, which shares its engine with the KLX230, offers a blend...

Auto sales declined by 9.26% YoY in September 2024: FADA

India's automobile industry experienced a sales downturn in September 2024, with a year-on-year decline of 9.26%, according to the Federation of Automobile Dealers Associations...

Hyundai and Waymo enter multi-year, strategic partnership

Hyundai Motor Company and Waymo have announced a multi-year strategic partnership. In the initial phase, the companies will integrate Waymo’s sixth-generation fully autonomous technology,...

Ashok Leyland partners with Nidec for developing novel E-drive Motors for CVs

Ashok Leyland, the Indian flagship of the Hinduja Group and the country’s leading commercial vehicle manufacturer, signed a multipronged partnership agreement with Japan-based global...
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