HOME > BUSINESS > AUTO

Mahindra launches fuel-efficient van under Jeeto brand to take on Maruti Suzuki Omni

Automaker Mahindra & Mahindra launched a new minivan based on its Jeeto platform, priced at Rs 3.45 lakh before taxes.At the price, the van is likely to appeal to semi-commercial users, such as schools, institutions and shops. The company already has a similar offering on its Maxximo platform, priced at

Read More

Hero MotorCorp cuts prices over GST, reports 14% sales growth in June

Hero MotoCorp, the world’s largest two-wheeler manufacturer, reported strong June auto sales and said it cut prices for its scooters and motorcycles in most states of India."The quantum of reduction ranges from Rs 400 to Rs 1800 on mass-selling models." it said.The actual benefit varies from state to state, depending

Read More

Tata Elxsi signs up top-5 global automaker for driverless car design

Tata Elxsi, the Tata Group's design and technology services company, said one of the top five carmakers in the world has licensed its driverless car software for use as part of its research and development in this direction.Further details of the deal were not disclosed.“We are delighted with this

Read More

Fitch Ratings upgrades Tata Motors on improving business performance

Fitch Ratings has upgraded its rating on Tata Motors by one notch, pointing to the automaker's improving business performance."The upgrade reflects the sustained improvement in TML's Indian automotive business over the last two years, supported by growing commercial vehicle volumes, successful new product launches in the passenger vehicle segment, as

Read More

ISRO offers space tech to electric vehicle makers in India

Indian Space Research Organization could soon help Indian e-bikes overcome their biggest drawbacks -- low mileage per charge and limited speed.Costing between Rs 35,000-50,000, most of these bikes have a top speed of 25 km per hour and a range of 30 to 50 km per charge.That could change soon,

Read More