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Mahindra Electric Mobility Limited (MEML), the No.1* electric 3-wheeler company in India, has partnered with Terrago Logistics, a Delhi-based start-up. Terrago currently has a fleet of 65 Mahindra Treo Zor cargo vehicles deployed with online grocery major, Big Basket in 3 cities and leading logistics major, Porter. In the coming months, Mahindra Electric will supply […]
US and Chennai-based automation service provider Element5 on Tuesday said it has raised $30 million in its Series B round led by Insight Partners, and it will use the money to boost the delivery of its post-acute healthcare solutions and on-board more people in India. Element5’s 100-member strong team in India, primarily in Chennai, has […]
The country’s largest carmaker, Maruti Suzuki India Ltd on Wednesday said the number of its professional driving training schools have reached the 500 milestone across the country and aims to train around 25 lakh people by 2025. The Maruti Suzuki Driving Schools (MSDS), launched in 2005, now has presence across 242 cities with 500 state-of-the-art […]
Honda Cars India Ltd (HCIL) on Sunday reported a 13 per cent decline in domestic sales to 7,874 units for April. The company had sold 9,072 units in the domestic market during April 2021, HCIL said in a statement. Exports last month stood at 2,042 units against 970 units in April 2021. “The customer sentiment […]
Japanese car-maker Nissan has decided to reduce the production of Datsun brand of cars in its facility near here and introduce a new model as part of its market-restructuring strategy, the Tamil Nadu government said on Sunday. Auto major Renault-Nissan has set up a joint manufacturing facility at Oragadam, about 45 km from here, to […]
The country’s largest carmaker Maruti Suzuki India (MSI) on Sunday reported a 6 per cent decline in total wholesales to 1,50,661 units in April. The company had dispatched 1,59,691 units to dealers in April 2021, MSI said in a statement. Last month, the company’s domestic sales slipped 7 per cent to 1,32,248 units as against […]
Tata Motors is looking to drive in a range of electric vehicles across various price points with multiple body styles and features in order to cater to a wide range of customers across segments, as per a top company official. The homegrown auto major, which currently leads the domestic electric passenger vehicle segment by a […]
Hyundai Motor India on Sunday reported a 5 per cent decline in total sales at 56,201 units in April 2022. The company had sold 59,203 units in the same month last year, Hyundai Motor India Ltd said in a statement. Domestic sales were down 10 per cent to 44,001 units last month, as against 49,002 […]
Tata Motors on Sunday said its total sales increased by 74 per cent in April to 72,468 units compared to 41,729 in April 2021. The company’s domestic sales increased by 81 per cent to 71,467 units from 39,401 units in April 2021, Tata Motors said in a statement. Total passenger vehicle dispatches to dealers rose […]
Bajaj Auto Ltd on Monday reported a 20 per cent decline in total sales to 3,10,774 units in April. The company had sold 3,88,016 units in the same month last year, Bajaj Auto said in a statement. Total domestic sales in the month stood at 1,02,177 units against 1,34,471 units in April 2021, down 24 […]