Greaves completes acquisition of Ampere Vehicles

Engineering company, Greaves Cotton announced the completion of its acquisition of entire shareholding of Ms Hemalatha Annamalai in Ampere Vehicles Pvt Ltd through secondary purchase, thereby acquiring absolute control in its subsidiary Ampere Vehicles Pvt Ltd. Continue Reading

Volvo Cars to implement blockchain traceability

Volvo Cars will become the first car maker to implement global traceability of cobalt used in its batteries by applying blockchain technology. The announcement follows the reveal last month of the company’s first fully electric car, the XC40 Recharge. Continue Reading

Audi launches new Audi A6 in India

The model is equipped with a powerful and peppy 2.0L TFSI engine and generates 180kW (245 hp) and 370 Nm of torque propelling the car from 0-100kmph in 6.8 seconds. Continue Reading

Nissan India launches CVT version of its Datsun GO and GO+

Nissan India launched the CVT version of its Datsun GO and GO+ at a price of Rs 5.94 lakh and Rs 6.58 lakh, respectively. According to a press release, Datsun GO and GO+ are the first models in their respective segments introduced with CVT (continuously variable transmission) – Nissan’s transmission technology. Continue Reading

Zero Nano cars developed by Tata since 2019

Tata Motors has not produced a single unit of its entry-level car Nano in the first nine months of 2019 but sold just one unit in February in the domestic market although it is yet to officially announce that the model has been discontinued. Continue Reading

Lexus India unveils RX450hL luxury SUV

Lexus India recently unveiled RX450hL luxury SUV. The RX is available for booking from this month. The car boasts of additional third-row seating, an elegant and dynamic exterior combined with a highly functional interior. Continue Reading

BMW launches ‘smart video’

BMW India has announced the launch of BMW Smart Video, an exclusive app-based smart video and image solution where customers can give real-time approvals for service and repairs. Continue Reading

Volvo’s first electric car to be unveiled 16 October

The forthcoming battery-powered Volvo XC40 SUV, Volvo Cars’ first fully electric car, retains all features that have made it one of Volvo Cars’ best-selling models. It also embraces the Scandinavian design that has defined Volvo’s rebirth and combines good looks with utility and functionality, a press release said. Continue Reading

Bajaj Auto sales down by 20% in September

Bajaj Auto on 1 October reported a 20 per cent fall in total sales at 4,02,035 units in September. The company had sold 5,02,009 units in the same month a year ago. Domestic sales in September this year stood at 2,15,501 units as against 3,11,503 units, down 31 per cent, Bajaj Auto said in a regulatory filing. Continue Reading

Maruti reports 24% dip in sales at 1,22,640 units

Domestic sales declined by 26.7 per cent at 1,12,500 units last month as against 1,53,550 units in September 2018, it added. Sales of mini cars comprising Alto and WagonR stood at 20,085 units as compared to 34,971 units in the same month last year, down 42.6 per cent. Continue Reading