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M&M buys out VC firm Omnivore's stake to acquire agri-tech firm MITRA

Deal size not disclosed, will make MITRA a wholly-owned subsidiary of M&M; is in sync with Mahindra's plan to grow revenues from farm machinery 10 fold in next five years

M&M buys out VC firm Omnivore's stake to acquire agri-tech firm MITRA
Updated On : 20 Mar 2023 | 11:03 PM IST

Not even among top 10 in 2021, India was Skoda's 3rd largest market in 2022

Auto maker's India sales volume jumped by as much as 125% last year, says unit sales catching up with its native Czech Republic

Not even among top 10 in 2021, India was Skoda's 3rd largest market in 2022
Updated On : 06 Jan 2023 | 10:32 PM IST

Uber says autorickshaw service 'under cloud' in Bengaluru, blames price cap

Aggregators operating in city after High Court stays a state government ban on them providing autos

Uber says autorickshaw service 'under cloud' in Bengaluru, blames price cap
Updated On : 01 Nov 2022 | 7:31 PM IST

Karnataka govt bans Ola, Uber, Rapido auto services; terms them 'illegal'

Karnataka state govt has given three days to the companies to file their reply to the charges and a compliance report

Karnataka govt bans Ola, Uber, Rapido auto services; terms them 'illegal'
Updated On : 07 Oct 2022 | 2:06 PM IST

Dealers and automakers have a tumultuous relationship, says FADA President

Says manufacturers' financial clout has led to inequitable contracts between the two

Dealers and automakers have a tumultuous relationship, says FADA President
Updated On : 13 Sep 2022 | 7:33 PM IST

Auto PLI scheme: Maruti, Hero among 75 firms to get govt's nod

Bharat Forge, Bosch India, CEAT, BHEL, and Ola Electric also on the list

Auto PLI scheme: Maruti, Hero among 75 firms to get govt's nod
Updated On : 15 Mar 2022 | 11:58 PM IST

Jeep to expand its India model line-up with Meridian and Cherokee

India to be the first market outside the US to have four nameplates in Jeep's portfolio with Meridian and Cherokee lined-up later this year.

Jeep to expand its India model line-up with Meridian and Cherokee
Updated On : 24 Feb 2022 | 11:46 PM IST

Ford CEO says no plan to spin off EV business, but change coming

Shares of Ford, which is based in Dearborn, Michigan, fell 2% to $16.95 Wednesday. They have lost about one-third of their value since hitting a 2022 high on Jan. 14.

Ford CEO says no plan to spin off EV business, but change coming
Updated On : 24 Feb 2022 | 7:51 AM IST

Cars24 announces ESOP buyback of Rs 75 cr after raising $850 mn in funding

The value of total ESOP buyback by Cars24 to date stands at Rs 113 crore. The company claims to have consistently held annual ESOP buybacks for the past four years.

Cars24 announces ESOP buyback of Rs 75 cr after raising $850 mn in funding
Updated On : 24 Feb 2022 | 1:44 AM IST

Automobile, white goods worth Rs 6,185 crore sold through CSD's website

Defence Minister Rajnath Singh had on January 8 last year launched this website for the online sale of 'AFD-1' class items

Automobile, white goods worth Rs 6,185 crore sold through CSD's website
Updated On : 07 Jan 2022 | 8:57 PM IST

20,000 people apply for e-auto permits in Delhi: Transport department

Nearly 20,000 people have applied for e-auto permits as the last date for submitting applications closed on Monday. The Delhi government has, however, extended the last date for applying the same for women till the 33 per cent slots reserved for them are filled up. The city transport department has so far received 19,885 applications for e-auto registration, including 698 from women, said a statement from the department. Transport Minister Kailash Gahlot said earlier the vacant slots for women were to be filled with general category applicants, but over the past one month, a larger number of women are noticed to be showing interest and applying for e-auto permits. "We are keeping it open for now. We are also in talks with NGOs to train more women and we hope to see more strong women driving autos, cabs and even buses on Delhi roads in the future," he said. The department had extended the last date to apply for e-auto permits from November 1 to November 15. A total of 4,261 permit

20,000 people apply for e-auto permits in Delhi: Transport department
Updated On : 15 Nov 2021 | 7:04 PM IST

Top headlines: Oct GST collection second highest ever; auto sales skid

Maruti Suzuki and Hyundai report a double-digit drop in sales in October as auto firms struggle to get computer chips for their vehicles. More in our top headlines.

Top headlines: Oct GST collection second highest ever; auto sales skid
Updated On : 01 Nov 2021 | 9:01 PM IST

Honda Cars India reports 25% decline in domestic sales in October

Exports stood at 1,747 units last month as compared to 84 units in October 2020

Honda Cars India reports 25% decline in domestic sales in October
Updated On : 01 Nov 2021 | 5:23 PM IST

Bike taxi startup Rapido aims to add 500,000 autos across India by year-end

The firm said it is expanding its auto service to Bengaluru, taking the service to a total of 26 cities in the country

Bike taxi startup Rapido aims to add 500,000 autos across India by year-end
Updated On : 06 Aug 2021 | 8:57 PM IST

Tata Motors passenger vehicles segment ends fiscal 2021 on strong note

Company's SUVs and car sales see a record 422% YoY y jump in March

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Updated On : 02 Apr 2021 | 12:23 PM IST

Janata curfew: Autos, taxis extend support to move, to be off road in Delhi

The prime minister acknowledging this initiative said that the fight against corona epidemic will receive a boost due to it

Janata curfew: Autos, taxis extend support to move, to be off road in Delhi
Updated On : 21 Mar 2020 | 4:19 PM IST

Auto Expo 2020: Asia's biggest motor show ends; draws over 608,000 visitors

Asia's biggest automobile show drew to a close on Wednesday, bringing curtains down on a six-day extravaganza. Though less than last year on overall number of participants, it was one of the biggest in terms of partaking by entrants. Beating the slowdown blues that have sapped buyer sentiment and hit sales for 18 months, a total of 608,526 people visited the show at the Great Noida Expo Mart from February 7 to 12, said the Society of Indian Automobile Manufacturers (Siam). With a peek into the future of mobility via 'green' technologies, more safety and other important elements, the exposition had 352 product displays from 108 exhibitors. This included eight global premiers and around 70 launches and unveilings. It also comprised introduction of 35 electric vehicles (EVs) and 15 concepts. Several manufacturers did gave the show a miss but those who participated believed in it as a platform to rekindle interest in a slowing market. Meet Sanket Gupta, a Bengaluru-based information ...

Auto Expo 2020: Asia's biggest motor show ends; draws over 608,000 visitors
Updated On : 13 Feb 2020 | 1:07 AM IST

Amara Raja, Ashok Leyland hit 52-week low; Maruti Suzuki, TVS Motor down 4%

TVS Motor Company, Maruti Suzuki India, Balkrishna Industries, Apollo Tyres, Bharat Forge, Eicher Motors, Ashok Leyland and Tata Motors were down in the range of 1% to 4% today.

Amara Raja, Ashok Leyland hit 52-week low; Maruti Suzuki, TVS Motor down 4%
Updated On : 06 Dec 2018 | 11:23 AM IST

Auto portal CarTrade bets on services; may go for IPO in 2-3 years

Around 9,000 new and used car dealers are listed on CarTrade

Auto portal CarTrade bets on services; may go for IPO in 2-3 years
Updated On : 15 Dec 2016 | 7:00 PM IST

BSE Auto index soars over 500 points intra-day

Tata Motors, Bharat Forge, Motherson Sumi, Bosch, MRF, Cummins India, Bajaj Auto, Maruti and M&M up 2%-5%

BSE Auto index soars over 500 points intra-day
Updated On : 08 Dec 2016 | 3:54 PM IST