EULER MOTORS NEW RETAIL OUTLETS

"The Chennai Metropolitan area is one of the key markets for Volkswagen in India. In 2023, our Virtus was one of the highest-selling sedans in this market. With this inauguration of our newest touchpoint in Chennai, we are emphasising our commitment...

Car dealership stock reached an all-time high of 310,000 vehicles at the start of the financial year. This is leading companies into pushing sales by expanding into smaller towns and cities, potentially igniting a price war, multiple car retailers a...

U.S. retail sales rose 0.6% in February, core unchanged. Producer prices jumped 1.6% annually. Weekly jobless claims fell to 209,000. Fed unlikely to cut rates before June due to inflation and slower growth.

The Chennai-headquartered firm, a part of Eicher Motors, currently sells bikes all across the continent and has a market share of around 8.5 per cent in the middle-weight motorcycle segment. In an interaction on the sidelines of the annual EICMA mot...

FSN E-Commerce, the parent entity of omnichannel beauty and fashion retailer Nykaa, saw its Q2 profit jump 50%. Cash-strapped Dunzo also disclosed its FY23 financials today. This and more in today’s ETtech Top 5.

The maker of Hector and Astor SUVs also assured its dealers on the sustenance of its Indian operations and brand MG post the deal, the automaker informed the dealer partners last week. The company also touched upon plans to launch new models and var...

The British automaker, a wholly-owned subsidiary of Tata Motors since 2008, aims to transform into a modern luxury vehicle business over the coming years. The automaker plans to become a net zero carbon business by 2039. On sales growth prospects, A...

Tata Motors, which sells a range of electric vehicles from small car Tiago to SUV Nexon, dominates the domestic EV industry with a market share of about 70%. While Hyundai Motor India and MG Motor India also sell EVs, the first electric car from Mar...

Tata Motors is planning to establish a separate sales network for its electric passenger vehicles (EVs) in the current fiscal year. The move aims to provide a specialized experience to customers opting for eco-friendly models. The company's growing ...

Luxury car maker Mercedes-Benz has unveiled its revamped showroom MAR 20X in this temple town under its initiative to strengthen network, a top official said on Wednesday. With the inauguration of MAR 20X 3S facility, the total number of such outlet...

Euler Motors said that the new retail outlets across states will offer after-sales services.

The EV subsidiary of the Tata Group automotive flagship, Tata Passenger Electric Mobility (TPEM), will firm up the EV channel strategy - including design, location and the number of outlets - within the first quarter of FY24 and the showrooms will b...

A new manufacturing site will help the company ramp up its production from about 100 units a month at the present to 1,000 units, helping it meet its orderbook of 9,000 vehicles, Saurav Kumar, the founder and chief executive of the company told ET. ...

To realise this steep topline ambition, the company would have to sell around 8,500 of its HiLoad electric three-wheelers meant for ferrying goods. It presently has an order book of around 3,500 units, largely through institutional orders from compa...

The company aims to expand its sales network and strengthen retail presence further by entering 60 other cities in India including Kolkata, Chandigarh, Lucknow and NCR by early 2022, it said.

Spread across 53 cities, the new outlets have been strategically mapped to key emerging markets of the Southern region, Tata Motors said.

The auto major, which sells models including Nexon, Harrier and Safari, has clawed its way up to over 10 per cent market share in the passenger vehicle space in July this year after a span of nine years and now plans to hold on to it with a slew of ...

Passenger vehicle sales in India had peaked at 3.39 million units in calendar year 2018. While the 2021 annual sales are unlikely to touch the 2018 level, due to the disruption caused by the second wave of the coronavirus outbreak earlier this year,...

Customers in Ahmedabad can now ride the Ather 450X electric scooter and get an in-depth view of the product and its features before pre-ordering the vehicle and can also book test ride slots on the website prior to visiting the experience centre, At...