Auto Industry News

Hyderabad-based electric tractor start-up, Cellestial e-Mobility, has announced completing its pre-series A funding, achieving an impressive valuation of $35 million or nearly Rs. 254 crore. Cellestial, which has successfully closed its initial raise of $500,000 or nearly Rs. 3.63 crore, credits its sustainable and robust business model, growing user response coupled and consistent revenue generation for this achievement.

The new guidelines have been issued to ensure seamless flow of traffic at the toll plazas by not allowing vehicles to queue up for more than 100 metres.

British uber-luxury carmaker, Rolls-Royce Motor Cars, has unveiled its latest coachbuilt vehicle - the Boat Tail. With this, the company has confirmed that coachbuilding will now be a permanent part of the company' future portfolio.

Volvo says it counts a manufacturing site as fully climate neutral when it registers zero net increase in the emission of greenhouse gases to the atmosphere as a result of the electricity and heating used by the plant.

Nissan India announced that it contributed over Rs. 6.5 crore to local communities and the Tamil Nadu State Disaster Management Authority (SDMA) for COVID-19 relief.

Petrol and diesel rates in India have gone up today, on May 27, 2021, for the fourteenth time this month. In the national capital Delhi, petrol price has reached Rs. 93.68 per litre, after receiving a hike of 24 paise, whereas diesel rates have gone up by 29 paise to Rs. 84.61 per litre.

BMW Group India has announced that it will extend dealer warranty and service/repair inclusive packages till June 30, 2021.

The used car market can be a very practical and economical starting point to enter the luxury car space. So, if you are planning to buy a used luxury car, here are some pros and cons that you should know about.