Auto Industry News

Two-wheeler loans are likely to become more expensive, leading to a hit in consumer demand in the segment.

The Federation of Automobile Dealers Associations cautioned comparison with the April 2020 and April 2021 period since the Indian vehicle market witnessed a country-wide lockdown during phases 1 and 2 of Covid-19.

The technology will be deployed in over 5000 buses with a minimum Investment of around Rs. 150 crores in innovation.

The Commission's measures include phasing out supplies of Russian crude oil within six months and refined products by the end of 2022.

ATUM Charge is a self-sustaining solar-powered EV charging stations, which comes with a 5.2KW ATUM Solar Roof, which is an electricity-generating solar roof. The charging station has been set up in Malad.

The axing of Tobias Moers doesn't come as a surprise, since speculations about his imminent departure from the British firm started earlier this year, ever since the former AMG boss made some tough decisions to get the company back on track.

EVET will provide companies with its fleet of electric vehicles for mid-mile food deliveries.

In Q4 FY2022, Hero MotoCorp achieved a profit after tax of Rs. 627 crore, witnessing a drop of 28 per cent compared to the Rs. 865 crore profit registered in the quarter that ended on March 31, 2021.