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Truck Rentals Rise in July

Used commercial vehicles showed a healthy YoY growth across all weight categories

BharatBenz, iQuippo tie-up to provide digitalised solutions to pre-owned CV customers

Daimler India Commercial Vehicles (DICV), the subsidiary of Daimler Truck AG (Daimler Truck), announced a strategic partnership with iQuippo to offer digitalised solution for customers of pre-owned BharatBenz commercial vehicles

BharatBenz, iQuippo tie-up to provide digitalised solutions to pre-owned CV customers

iQuippo is India's leading physical and digital marketplace for preowned vehicle sales

Auto component industry grows 32.8% in FY2022-23

The turnover of the automotive component industry stood at Rs 5.60 lakh crore for the period of April 2022 to March 2023.

Indian auto component industry grows 32.8% in FY 2022-23

Sales to OEMs grows 39.5% on back of strong growth in vehicle sales

Mahindra Group inks pact with Volkswagen to expand EV range

India's Mahindra & Mahindra has planned to get additional components from other firms to expand its electric vehicle (EV) range.

Mahindra Group inks pact with Volkswagen to expand EV range

India's Mahindra & Mahindra has planned to get additional components from other firms to expand its electric vehicle (EV) range

Budget spurs order books

The Budget 2021 has won the approval of its utmost critics with most giving it a thumbs up. Infrastructure is the mantra for 2021-22 as the Finance Minister proposed to significantly enhance capital expenditure to Rs 5.54 trillion in the next fiscal, besides creating institutional structures and giving a big thrust to monetising assets to achieve the goals of the National Infrastructure Pipeline (NIP), which was launched in December 2019 with around 6,835 projects.

Auto component industry turnover down by 11.7 per cent in FY 2019-20

The turnover of the automotive component industry stood at Rs 3.49 lakh crore ($49.2 billion) for the period April 2019 to March 2020, registering a de-growth of 11.7 per cent over the previous year

DICV enters used CV segment with ‘BharatBenz Exchange’

Daimler India Commercial Vehicles (DICV) announced the launch of ‘BharatBenz Exchange’, its new offer to the used commercial vehicle segment.

ACMA seeks relief measures for component industry to withstand COVID 19 impact

The impact of coronavirus over the industry, people and the economy is a grave concern.

AMW Motors appoints dealer for eastern UP

AMW Motors announced the appointment of Mehrotra Automobiles as its sales and service dealer for Eastern Uttar Pradesh - Allahabad, Pratapgarh, Sultanpur, Chitrakoot, Kausambia, Jaunpur, Varanasi, Sonbhadra, Gazipur, Mirzapur, Chandauli and Bhadohi.

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