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ICRA estimates significant potential for scrappage of 1.1 million older medium and heavy commercial vehicles

autherAutocar Professional Bureau     calendar08 Oct 2024

ICRA projects roughly an additional 5.7 lakh vehicles to cross the 15-year age threshold in the next two fiscal years.

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Hero Motors withdraws papers for Rs 900-crore IPO News
Hero Motors withdraws papers for Rs 900-crore IPO

By Kiran Murali calendar07 Oct 2024

The DRHP was withdrawn on October 5, according to the documents from the SEBI. The reason for withdrawal has not been ...

‘Chance to be a global EV sourcing hub within our reach’ Feature
‘Chance to be a global EV sourcing hub within our reach’

By Mayank Dhingra calendar07 Oct 2024

ACMA President Shradha Suri Marwah outlines the Indian auto-component industry's $7 billion investment plan, cost adva...

Tata Motors Finance and Bank of India ink co-sourcing pact for CV financing News
Tata Motors Finance and Bank of India ink co-sourcing pact for CV financing

autherAutocar Professional Bureau calendar07 Oct 2024

The agreement is aimed at enhancing financing accessibility for commercial vehicle owners and fleet operators across t...

Magenta Mobility expands sustainable operations with ‘Pink Turns Green’ initiative in Jaipur News
Magenta Mobility expands sustainable operations with ‘Pink Turns Green’ initiative in Jaipur

autherAutocar Professional Bureau calendar07 Oct 2024

Jaipur, recognized for its growing role in the electric vehicle logistics market, offers an ideal location for Magenta...

Fleet utilization reaches 90%, truck rentals steady as pre-festive stocking boosts demand News
Fleet utilization reaches 90%, truck rentals steady as pre-festive stocking boosts demand

autherAutocar Professional Bureau calendar07 Oct 2024

Truck rentals remained stable in September, supported by increased fleet utilization and higher demand for commercial ...

Ashok Leyland bags Rs 150 crore deal for 180 e-trucks News
Ashok Leyland bags Rs 150 crore deal for 180 e-trucks

By Shahkar Abidi calendar07 Oct 2024

Deliveries are expected to commence in the fourth quarter of fiscal year 2025, according to the company.

Ashok Leyland flags off first e-Trucks to Billion Electric Mobility News
Ashok Leyland flags off first e-Trucks to Billion Electric Mobility

autherAutocar Professional Bureau calendar07 Oct 2024

The vehicles delivered by Ashok Leyland are designed to offer enhanced performance, safety, and efficiency.

Mahindra First Choice Wheels elevates Mohammed Turra to MD and CEO News
Mahindra First Choice Wheels elevates Mohammed Turra to MD and CEO

autherAutocar Professional Bureau calendar07 Oct 2024

Turra succeeds Ashutosh Pandey, who will be taking on a new role within the Mahindra Group.

Kawasaki KLX 230 S to launch in India on October 17 News
Kawasaki KLX 230 S to launch in India on October 17

By Rishaad Mody, Autocar India calendar07 Oct 2024

Could be priced around the Rs 2 lakh mark.