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Road safety expert sounds alarm over delayed HSRP rollout in Maharashtra, Chhattisgarh

autherAutocar Professional Bureau     calendar13 Feb 2024

In spite of being mandated by the Supreme Court, the amended Rule 50 of the Central Motor Vehicles Rules (CMVR), and notifications from the Ministry of Road Transport and Highways (MoRTH), the rollout of HSRPs remains sluggish in a few stat...

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Ascend Capital raises Rs 50 crore in Series A led by Infoedge, Asha Ventures

autherAutocar Professional Bureau calendar13 Feb 2024

Ascend Capital plans to expand its book across multiple geographies further and reach an AUM of Rs 300 crore over the ...

Eicher Motors’ Q3 profit up 34% YoY on robust margins, profit from VECV

By Kiran Murali and Shahkar Abidi calendar13 Feb 2024

The automaker saw its operating profit margin improve to 26.1% from 23.9%, while accounted Rs 114 crore as a share of ...

Rapido launches subscription fee model for auto taxi drivers

By Kiran Murali calendar13 Feb 2024

The ride-hailing company will replace the commission-per-ride model for three-wheeler drivers by charging a daily acce...

Toyota says President, Chairman of Daihatsu unit to step down: Report

autherAutocar Professional Bureau calendar13 Feb 2024

Daihatsu's chairman, Sunao Matsubayashi, will also step down and will not be replaced, Toyota added.

Revenue growth in auto component industry to moderate to 5-7% in FY2025: ICRA

autherAutocar Professional Bureau calendar13 Feb 2024

Component makers to invest upto Rs 25,000 crore towards capacity expansion and technological developments in FY2025 sa...

Naveen Patnaik launches affordable bus services in 5 additional districts of Odisha: PTI 

autherAutocar Professional Bureau calendar13 Feb 2024

The LAccMi bus service connecting one village with another will strengthen social connect as well as the economy of th...

Tata Elxsi unveils new global design and engineering centre in Pune

autherAutocar Professional Bureau calendar13 Feb 2024

The new centre is specifically tailored to cater to the technology and digital transformation priorities of key automo...

Tata Motors slashes Nexon.ev price by up to Rs 120,000, Tiago.ev by Rs 70,000

By Ajit Dalvi calendar13 Feb 2024

Reduction in battery costs drives sharp cut in the sticker price of the high-selling Nexon.ev and Tiago.ev; no change ...

Ultraviolette signs MoU to set up EV charging stations at HPCL fuel stations

autherAutocar Professional Bureau calendar13 Feb 2024

Ultraviolette will set up charging stations at HPCL retail fuel pumps in 12 select states, followed by expansion acros...