TATA Acquires Marcopolo’s Share In Its Bus Business

Indian automobile major Tata Motors Ltd on Thursday said it would buy the 49 per cent stakes of Marcopolo S.A. in the bus and coach making joint venture Tata Marcopolo Motors Ltd for Rs 99.96 crore. In a regulatory Tata Motors said as a consequence of its refreshed business strategy, Marcopolo S.A has decided to

FasTag to be mandatory from Jan 1

The Union Ministry of Road Transport and Highways has issued a notification making a FASTag mandatory for all four-wheeler vehicles from January 1, 2021. Accordingly, the ministry took the decision via amendments to the Central Motor Vehicles Rules, 1989. “It may be stated that this notification would be a major step for ensuring that the

Wait ends for RE fans: Meteor 350 out

Mid-size motorcycle segment major Royal Enfield on Friday launched the ‘Meteor 350’ at a starting price of Rs 175,817 (ex-showroom Chennai). According to the company, the ‘Meteor 350’ inherits its name from another Royal Enfield motorcycle of the 1950’s. “Launched at the end of 1952, the Meteor was a magnificent touring motorcycle with a reputation

Harley Davidson, Hero Motorcorp join hands in India

Harley-Davidson Inc and Hero MotoCorp, the world’s largest maker of motorcycles and scooters in terms of unit volumes, on Tuesday announced that the two will ride together in India. As per a distribution agreement, Hero MotoCorp will sell and service Harley-Davidson motorcycles, and sell parts and accessories and general merchandise riding gear and apparel through

Harley Davidson launches first ever electric bicycle

Harley-Davidson has unveiled its first-ever electric bicycle inspired by the brands very first motorcycle from 1903. The new business called ‘Serial 1 Cycle Company’ started as a project within the motorcycle manufacturer’s product development center. “The formation of Serial 1 allows Harley-Davidson to play a key role in this mobility revolution while allowing Serial 1

Tata Motors touches 4 million units milestone

Automobile major Tata Motors has achieved the production milestone of 4 million passenger vehicles in India since its inception. “Over the years, Tata Motors has produced legendary vehicles like the Indica, Sierra, Sumo, Safari and the Nano that have played a pivotal role in the shaping the country in its post-economic liberalisation era,” the company

Kia Sonet gets over 50K bookings

Kia Motors India on Wednesday said its recently-launched compact sports utility vehicle (SUV) Sonet has got 50,000 bookings. In a statement, Kia Motors India – a wholly owned subsidiary of Kia Motors Corporation of South Korea – said: “This record booking number affirms its status as a game-changer by customers in the highly competitive compact

M&M’s new Thar clocks 15K bookings

Automobile major Mahindra & Mahindra has reported that bookings for ‘All-New Thar’ SUV has now crossed 15,000 bookings, since its launch on October 2, 2020. “Today 57 per cent of all buyers of the All-New Thar are first time car buyers and a significantly large share of all bookings are for the automatic variants,” the

Tesla To Begin India Pre Launch Activities In January

Tesla CEO Elon Musk has further revealed plans for the India entry of the electric car maker, saying the process to bring Tesla cars to India will begin in January 2021. Earlier this month, Musk said the electric car maker is finally ready to enter the India market next year. Reacting to a tweet by

Honda launches H’ness CB350 in India, takes on RE

Honda Motorcycle & Scooter India (HMSI) is all set to take on the epic Royal Enfields in the mid size segment. It has entered the mid-size 350-500 cc motorcycle segment in India with the launch of H’ness CB350, priced at Rs 1.85 lakh (ex-showroom, Gurugram). The new offering is the third BS-VI model from the