Lumax Group CEO Vineet Sahni resigns

Vineet Sahni has resigned  as the Chief Executive Officer of the Lumax-DK Jain Group due to personal commitments, said the company in an exchange...

Kia to open bookings for the 2023 Kia EV6 on 15th April

Kia India announced that it is soon opening the bookings for its globally acclaimed and premium offering – the 2023 Kia EV6 which has...

E3W penetration to rise 14%–16% by FY25: ICRA

Electric three-wheelers, including e-rickshaws are expected to gain traction going forward due to favourable operating economics and the government's focus on cleaner means of...

BMW plans to launch 19 car models in India this year

Luxury car maker BMW plans to introduce 19 car models, including electric vehicles, in India this year as it looks to sustain double-digit sales...

Hyundai India aims to double new Verna sales in 2023

India’s second-largest carmaker, Hyundai Motor India has launched the sixth generation Verna at INR 10,89,900. The company is expecting to double the sales of...

Ampere e2W registers over 1 lakh retail sales in the FY 2022-23

Greaves Electric Mobility Private Limited (GEMPL), the e-mobility business of Greaves Cotton Limited, has achieved over 1 lakh retail sales of its brand “Ampere”...

MHI launches training on e-bus fire safety with GIZ, CESL and ASDC

The Ministry of Heavy Industries (MHI) launched a unique capacity building training programme on electric bus fire safety, with support fromDeutsche Gesellschaft für Internationale...

Mahindra acquires 100% stake in M.I.T.R.A

Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES) has completed its acquisition of MITRA Agro Equipments Private Limited (M.I.T.R.A) by increasing its shareholding from...

Uno Minda to consolidate 4W Alloy business by acquiring Kosei stake

Uno Minda Limited (Uno Minda) (formerly known as Minda Industries Limited), a Tier-1 supplier of proprietary automotive solutions and systems to original equipment manufacturers...

Largest vehicle scrapping facility to be setup in Parassala

The KSRTC will set up the state’s largest registered vehicle scrapping facility (RVSF) in Parassala, according to a report. In addition to Parassala, RVSF...