VEHICLE BREAKDOWN
Tata Motors to raise commercial vehicle prices by up to 2% from July 1
Tata Motors announced through an exchange filing on Wednesday that it will implement a price hike of up to 2% on its commercial vehicles starting July 1, 2024. This adjustment is a response to rising commodity prices, intended to counter their impact.
The rising role of software in electric vehicles
Altigreen enhances 3Ws with software for battery management, motor control, diagnostics, telematics, user interface, and energy-saving algorithms. Data monetization and government support may offset costs.
Macquarie's $1.5 bn India EV platform to focus on fleet electrification
Australia's Macquarie Group has launched an EV financing platform called Vertelo for India, focusing 95% of its $1.5 billion investment on electrifying commercial vehicle fleets. The platform will offer financing, fleet management, and charging infrastructure solutions. The remaining 5% will go towards charging infrastructure and other requirements.
Auto stocks, mirror of economic growth: The not so bullish analysts would be proven wrong ?
Analysts projects are not bullish, they hardly expect any gains, but the hard fact, sometimes staying glued to excel sheet and earning projections makes one cautious more than it is required. Even the recent price moves are indicating that the street is getting ready to re-rate part of the auto sector, or rather has already done it. Whether it be large OEM or auto ancillary companies. Should one be ready to ignore the pessimism of analysts and move to take exposure for both a tactical trade and long term investment ?
Understanding liability in vehicle insurance: What car and bike owners should know
Choosing the right vehicle insurance in India involves understanding liability coverage, comprehensive plans, and exclusions. ACKO provides tailored coverage, add-ons, and competitive pricing for comprehensive protection and peace of mind.
EVs are more reliable than people think, says new study
EVs are 59% less likely to break down. Psychological obstacle often prevents drivers from switching. Regular use maintains battery's condition. EVs have fewer flat battery call-outs compared to petrol or diesel cars.
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Delhi traffic updates: Avoid these routes today due to Republic Day Parade rehearsals and heavy vehicle breakdowns
The Delhi Traffic Police issued an advisory cautioning against travel on specific routes during Republic Day Parade rehearsals from 7 am to 11.30 am on January 10. French President Emmanuel Macron will be the chief guest at the 75th Republic Day Parade
Rats wreak havoc: Record surge in vehicle breakdowns caused by animals in 2023
The number of incidents of vehicle breakdowns because of animals has increased to a great extent and the main cause of trouble are the rats. In 2023, there is a 55% increase in animal damage incidents in comparison to 2018.
Dune: Part 2 trailer teases all-out war on Arrakis, here’s a breakdown | Watch
As the much-awaited arrival of 'Dune: Part 2' draws near in March 2024, Warner Bros. Pictures has delighted fans with a new trailer, offering a captivating sneak peek into the imminent conflict on Arrakis.
Arctic Invent reveals its dashboard on India's e-vehicle patent filing landscape
According to the findings from the dashboard, 14.1K patents have been filed in the e-mobility segment in India.
Recent NHTSA recalls: Ford, Mercedes-Benz, and Harley-Davidson vehicles
The National Highway Traffic Safety Administration (NHTSA) has issued several vehicle recalls to address safety concerns. Ford is recalling over 238,000 units of its 2020-2022 Explorer SUVs due to a potential issue with the rear axle bolt. Mercedes-Benz is recalling 5,326 of its 2022-2023 AMG SL55 and AMG SL63 vehicles because of concerns with the starter and alternator electrical wiring harness. Harley-Davidson is recalling various 2023 motorcycle models, including the FLHXSE, FLTRXSE, and X350 RA, due to potential issues with the rear brake line and fuel sensor gasket.
Trust breakdown, looted weapons, relocation: What's going on in Manipur?
Right before Shah's visit, five persons, including a Manipur Police officer, were killed, a BJP MLA’s house was vandalised and over 1,000 arms and ammunition were looted by mobs from armouries of Manipur Rifles and IRB on Sunday while combined central and state security forces gunned down more than 30 Kuki militants.
Motor floater insurance policy: All you need to know about single premium for multiple vehicles
If one of the vehicles is transferred or sold, it will be removed from the policy and applicable premium will be refunded.
German watchdog asks Tesla to recall 59,000 units globally
The KBA watchdog said on its website dated June 29 that a software flaw was causing a breakdown of the eCall, which is designed to automatically contact emergency responders in the event of a serious accident.
Tesla's 2Q sales drop amid supply chain, pandemic problems
The company on Saturday disclosed it sold more than 254,000 cars and SUVs from April through June, an 18% drop from the first three months of this year and also well below the pace in last year's final quarter.
Elon Musk vows fast fix for new "money furnace" Tesla factories
In a May 30 interview with a Tesla owners club that was just released this week, Elon Musk said that getting the Berlin and Austin plants functional "are overwhelmingly our concerns. Everything else is a very small thing," Musk said, but added that "it's all gonna get fixed real fast."
Tata Motors bags order for 1,300 commercial vehicles from VRL Logistics
Tata Motors said its commercial vehicles are designed and engineered on the 'Power of 6' philosophy, which delivers driveability, total cost of operations, comfort and convenience, and connectivity. The vehicles were selected basis the superior drivability, high fuel efficiency and low total cost of ownership, which will enable VRL Logistics to increase its fleet efficiency, it added.
India’s EV battery race is led by a newbie scooter maker
Ola Electric Mobility Pvt., a Bengaluru-based startup, will get state support to manufacture EV batteries that can store a total of 20 gigawatt-hours of power, the government said on March 24. Reliance Industries Ltd., the country’s largest conglomerate, will get subsidies for five gigawatt-hours.
Roads, transit, internet: What's in the infrastructure bill
The bill cleared the House late Friday on a 228-206 vote, ending weeks of intraparty negotiations in which liberal Democrats insisted the legislation be tied to a larger, $1.75 trillion social spending bill — an effort to pressure more moderate Democrats to support both.
11 reasons your motor insurance claim can be rejected
Insurance claims for vehicles, be it a car or two-wheeler, are entertained only if the damage is accidental, due to natural disasters, theft or accidental fire. Here are some reasons your claim could be rejected or not fully paid by your vehicle insurer.
JPMorgan to buy majority stake in Volkswagen's payments business
The U.S. bank has agreed to buy close to 75% of Volkswagen Payments S.A. for an undisclosed sum, subject to regulatory approvals.
Auto companies prepare financial packages to help dealerships
Companies are also working at quick resolution of claims to facilitate cash flow at dealerships, as retail outlets gradually open up with several state governments expected to ease restrictions over the next few weeks, as the number of Covid-19 cases falls.
Etrio launches leasing scheme for cargo e-three-wheeler Touro Mini, rental starting from Rs 6,300
The three-wheeler segment accounts for over 90 per cent of the overall EV sales in the country but the majority of it has been led by the unorganised e-rickshaw market, with lead-acid batteries, poor build quality, numerous breakdowns, and lack of stability of the product, the company said in a release.
The quest to replicate Tesla’s success keeps EV mania alive
For startups aiming to mimic Musk’s success and for traditional carmakers struggling to disrupt themselves, most lingering doubts about future demand for electric vehicles have dissipated.
Renault takes on 'range anxiety' in electric sales push. But it's a long road
Steve Tomlin, who runs a Renault dealership in Britain, says sales of the Zoe small electric car have shot up this year, a turnaround he partly puts down to a fading of "range anxiety", the fear of running out of power mid-journey.
Toyota Kirloskar launches flexible EMI for car purchase, servicing
The flexible EMI option is aimed at assisting customers in realising their car buying aspirations and in upkeeping the car maintenance, the company said in a release. Under the payment option, customers can own a Toyota vehicle or service it with flexible options to convert the payment into EMI of 3/6/9 months and so on.
Auto companies send tips on maintaining vehicles
Automakers are using Twitter, Facebook, Instagram and other mobile applications and to share tips on how to protect vehicles as they sit unused during the nationwide stay-at-home order.
Downturn deciphered: Biscuits, briefs, bikes, booze and the breakdown
The 4 Bs can encapsulate the consumption story like few else can: They show the road the economy is taking.
Breakdown! Auto stocks may not revive any time soon; only a few may
Analysts say even wedding season and elections may not help lift passenger vehicle sales.
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