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Mahindra invests Rs 900 crore in its new Urban Prosper Platform

Shahkar Abidi and Ketan Thakkar     calendar16 Sep 2024

The automotive giant, which already holds a commanding 40% share in this segment, has invested over Rs 900 crore in the first phase of developing this "car-like" multi-energy platform.

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BMW Group debuts Retail.NEXT in India News
BMW Group debuts Retail.NEXT in India

autherAutocar Professional Bureau calendar16 Sep 2024

The dealership will display an extensive range of BMW M, BMW i, and BMW Motorrad models, as well as vehicles from the ...

Goodluck India Limited inaugurates  Rs 200 crore hydraulic tubes manufacturing unit News
Goodluck India Limited inaugurates Rs 200 crore hydraulic tubes manufacturing unit

autherAutocar Professional Bureau calendar16 Sep 2024

The hydraulic tubes will act as a replacement for seamless tubes and help substitute imports.  

JSW announces MG Select premium showroom channel News
JSW announces MG Select premium showroom channel

By Sergius Barretto, Autocar India calendar16 Sep 2024

MG Select to target 12 major cities by Q1 2025.

Revolt Motors enters Sri Lanka News
Revolt Motors enters Sri Lanka

autherAutocar Professional Bureau calendar16 Sep 2024

The first phase of this expansion will see the opening of 15 dealerships within the next four months.

Indian e-2W market: Legacy players are fighting back News
Indian e-2W market: Legacy players are fighting back

autherAutocar Professional Bureau calendar16 Sep 2024

Incumbents are now swiftly making a mark and challenging the dominance of new players with cheaper-priced scooters, as...

Samvardhana Motherson to acquire 11% stake in electric tech company REE Automotive News International
Samvardhana Motherson to acquire 11% stake in electric tech company REE Automotive

By Ajit Dalvi calendar16 Sep 2024

Leading Indian and global component supplier accelerates its global electrification strategy with planned equity stake...

Samvardhana Motherson to acquire 11% stake in electric tech company REE Automotive News International
Samvardhana Motherson to acquire 11% stake in electric tech company REE Automotive

By Ajit Dalvi calendar16 Sep 2024

Leading Indian and global component supplier accelerates its global electrification strategy with planned equity stake...

SUV-MPV sales rise 15% to 1.1 million units in April-August, M&M, Toyota, Tata gain market share Analysis Sales
SUV-MPV sales rise 15% to 1.1 million units in April-August, M&M, Toyota, Tata gain market share

By Ajit Dalvi calendar16 Sep 2024

Even as OEMs optimize vehicle dispatches to dealers in an effort to reduce high inventory levels, demand for popular S...

From code to cars: N Chandrasekaran's technocratic Triumph Feature
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From code to cars: N Chandrasekaran's technocratic Triumph

autherAutocar Professional Bureau calendar15 Sep 2024

Former TCS Chief N Chandrasekaran's unconventional approach transforms Tata Motors from a debt-ridden, traditional aut...