Express Mobility

Sonalika Tractors, a leading tractor manufacturer and exporter in India has reported its best-ever Q1 sales performance by selling 39,274 tractors for the first quarter of FY2023, a growth of 18 per cent YoY. The company says with this…

Hero MotoCorp may have got a favourable ruling from the arbitration tribunal allowing it to use the Hero brand for its electric two-wheelers, but the company will stick to the 2010 family settlement and not brand its products beginning…

In what may bring cheer to OEMs selling electric vehicles without a battery or providing Battery as a Service (BaaS) model, the Goods & Services Tax (GST) Council has fixed the tax rate at 5 per cent. Earlier to the announcement,…

Entry-level hatchbacks may be losing market share to sport utility vehicles (SUVs), but the country’s largest passenger vehicle manufacturer, Maruti Suzuki, continues to focus on the category. According to sources, the company will soon…

The Indian automotive sector has faced tough times but is showing signs of recovery, moving towards the pre-pandemic levels of sales volume. Despite temporary setbacks like soaring crude prices, semiconductor shortage and supply chain…

Bharat Forge, along with its subsidiary, BF Industrial Solutions has successfully completed acquisition of JS Autocast Foundry India for a total transaction valued at Rs 489.63 crore. It was in February that Bharat Forge announced its…

As part of the Central Motor Vehicles (Tenth Amendment) Rules, 2022, the Ministry of Road Transport and Highways (MoRTH) has issued a notification, setting new standards for tyres meant for passenger cars, light commercial vehicles…

Japan’s Nissan Motor Co Ltd on Tuesday rejected a shareholder proposal at its annual general meeting (AGM) that would have led to the disclosure of a decades-old agreement with 43% stakeholder Renault SA.Ahead of the AGM, one investor…

TVS Motor Company on Monday said that with the recent launch of variants of its electric two-wheeler iQube, the company now has an order book of 15,000 units and is looking at ramping up its presence to most of the cities in the country.…

Hero Lectro, the e-cycles subsidiary of Hero Cycles, will slash prices of its five products by up to Rs 15,000 in Delhi.  The decision comes after the state government announced subsidies and tax benefits for e-cycle models under its…