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New Delhi, May 18: Aided by robust sales, revenues of domestic automobile dealership industry are expected to grow by 11-13 per cent in the current fiscal, rating firm Icra said on Thursday. The revenue growth this fiscal will be aided by expected 6-9 per cent volume growth and an increase in vehicle prices during the […]
New Delhi, May 18, 2023: Rapido, India’s leading two-wheeler taxi platform that provides convenient and affordable transportation solutions, has recently unveiled a new film of its highly anticipated and innovative marketing campaign, “Bike Wali Taxi, Sabse Saxi.” This 360 marketing campaign aims to drive consideration for the category in the rapidly growing e-mobility space. The […]
New Delhi, May 16: Maruti Suzuki India on Tuesday said its hatchback WagonR has crossed 30 lakh milestone in over two decades. The model, which was introduced in the market in 1999, achieved 5 lakh sales mark in 2008; 20 lakh in 2017; 25 lakh in 2021 and 30 lakh milestone in 2023. “WagonR’s continued […]
New Delhi, May 16: Auto component maker Sona BLW Precision Forgings on Tuesday said it has inked a technology licensing agreement with the UK-based Equipmake for production of electric vehicle components. Equipmake has patented technology which offers high power density and efficiency with high performance, making it ideal for electric cars, buses, and commercial vehicles. […]
New Delhi, May 12: Domestic passenger vehicle dispatches witnessed a 13 per cent year-on-year rise in April as demand remained robust across segments, industry body SIAM said on Friday. The total passenger vehicle dispatches from companies to dealers rose to 3,31,278 units last month compared to 2,93,303 units in April 2022. Market leader Maruti Suzuki […]
New Delhi, 11 May, 2023: A Rapido Captain demonstrated exceptional bravery when he rescued a 6-year-old girl from a potential perpetrator near Irrum Manzil metro station in Hyderabad. Kalyan Karamthot, a 24-year-old engineering graduate, was waiting for a ride when he witnessed the distressing scene and promptly called the police. Thanks to his quick thinking […]
New Delhi, May 10: The government is yet to accept a report of the energy transition committee that recommended banning the use of diesel-powered four-wheelers in cities with over 10 lakh population and switch to electric and gas-fuelled vehicles by 2027, the oil ministry said. The report of the committee headed by former oil secretary […]
New Delhi, May 10: MG Motor India on Wednesday said it plans to offer majority stakes to local partners over the next 2-4 years as part of a five-year business roadmap in the country. MG Motor is a British brand which is currently owned by China’s largest automaker SAIC Motor Corp. The automaker, which has […]
The Global Energy Alliance for People and Planet (GEAPP) scaling up initiatives in support of India’s mission to achieve clean energy independence by 2047 GEAPP to accelerate development and deployment of innovative clean energy solutions that promote inclusive economic growth and empower local communities. New Delhi, 4 May 2023: Today, The Global Energy Alliance for […]