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German luxury car maker Volkswagen on Wednesday one of its dealers has delivered 150 units of its recently-launched 5-seater Virtus sedan in one day, which has earned the car a place in the ‘India Book of Records. The all-new Virtus was launched in the country on June 9 at an introductory price of Rs 11.21 […]
CK Birla Group firm, Hindustan Motors Ltd on Tuesday said it has agreed to sell its ‘Contessa’ brand to SG Corporate Mobility Pvt Ltd for an undisclosed sum. The company has executed a brand transfer agreement with SG Corporate Mobility Pvt Ltd on June 16, 2022 for the transfer of the Contessa brand, including the […]
MG Motor India on Tuesday said it has partnered with Siemens to leverage cutting-edge digital technologies to increase productivity, save energy and cost and reduce emissions in its operations. Under the partnership, the two firms will collaborate to develop innovative digital solutions to conserve energy and build a sustainable future, MG Motor India said in […]
Realtors’ body CREDAI on Monday said it will join hands with housing and urban affairs ministry and NSDC to implement NIPUN project for bridging skill gaps in construction workers engaged in the real estate sector. Housing and urban affairs minister Hardeep Singh Puri on Monday launched a project for skill training of construction workers called […]
India is one of the world’s leading textile producing and exporting destinations. India currently exports worth more than USD 44 billion of which USD 16 billion pertains to apparel and garments exports. The textile industry employs around 4.5 crore workers and is expected to be worth more than US$ 209 billion by 2029. Indian textile […]
Automaker Kia India on Monday said its compact SUV Kia Sonet has crossed the cumulative sales milestone of 1.5 lakh units since launch in September 2020. The model has contributed over 32 per cent of the company’s total sales and commands almost 15 per cent share in the highly competitive compact SUV category, Kia India […]
The country’s largest carmaker Maruti Suzuki India on Monday announced opening of bookings for the upcoming new version of its compact SUV Brezza. The new Brezza, to be launched at the end of the month, will come with features such as electric sunroof along with an array of sophisticated new-age tech, comfort, convenience and connected […]
Passenger vehicle dispatches to dealers in India rose over two-fold last month on a low base of Covid-19-hit May last year. As per the Society of Indian Automobile Manufacturers (SIAM), passenger vehicle wholesales rose to 2,51,052 units last month as compared to 88,045 units in May 2021. The two-wheeler sales rose to 12,53,187 units in […]
German luxury carmaker Mercedes-Benz on Friday said it has delivered the first-ever unit of AMG GT Black Series in India. The price of the super exclusive models starts from Rs 5.5 crore (ex-showroom) and can go up depending on individual configurations. The AMG GT Black Series, the most powerful AMG ever, comes with a 4-litre […]
Anglian Omega Group’s EV arm Omega Seiki Mobility on Friday announced its entry into the passenger electric three-wheeler segment, with the launch of Stream priced at Rs 3.40-lakh (ex-showroom New Delhi) post-government subsidy. The company said it has invested around USD 12-15 million in the new product, which aims to cater to domestic and overseas […]