Cars24 raises $200 million in Series E funding round led by DST Global taking it's valuation over the $1 billion mark
The funding round also saw the participation of existing investors like Exor Seeds, Moore Strategic Ventures and Unbound.
UNEP report calls for tightening of the rules for exporting and importing old, polluting vehicles as car ownership are expected to be a major source of emissions in the coming decades.
Noted German-Argentine photographer Gerardo Korn combines his eternal love for Buenos Aires, the so-called Paris of South America with his childhood fascination for cars. Some of the models featured in his project include the likes of Torino, Dodge, Rambler, Peugeot, Chevy, Chevrolet, among others, of the late 1960s and '70s.
The auto industry is already reeling, with sales of cars, SUVs, trucks and motorbikes falling 18 percent last fiscal year to 21.5 million vehicles due to an economic slowdown.
Domestic passenger vehicle sales declined 1.24 percent to 2,35,786 units in December from 2,38,753 units in the year-ago period
Domestic car sales decline by 11% to 1.60 lakh units in November; motorcycles sales plunge 15%: SIAM
Vehicle sales across categories registered a decline of 12.05 percent to 17,92,415 units from 20,38,007 units in November 2018
#BreatheFree is an initiative that was born with an aim to combat the rising air pollution.
Toyota is also aiming to boost the number of its Sora hydrogen buses on the roads of the Olympics.
Domestic passenger vehicle sales dropped by 23.69 percent in September to 2,23,317 units, down from 2,92,660 units in the year-ago period, making it the 11th consecutive month of decline in vehicle off-take
Maruti Suzuki cuts prices of select models by Rs 5,000 after Nirmala Sitharaman's announcement of corporate tax rate cut
The country's largest carmaker Maruti Suzuki India on Wednesday reduced the prices of select models by Rs 5,000 (on ex-showroom prices)
The Obama-era rules called for a fleetwide fuel efficiency average of 46.7 miles per gallon by 2025.
Slowdown blues: Maruti cuts production for 7th straight month in August; passenger car sales down 42%
In July, Maruti had cut its production by 25.15 percent at 1,33,625 units.
Vehicle sales across categories registered a decline of 18.71 percent to 18,25,148 units from 22,45,223 units in July 2018
Development should allow everyone to have the opportunity to earn a better life and save the environment.
Govt asserts subsidy for promotion of electric mobility will be only for commercial vehicles, not personal usage
The government on Friday asserted that subsidies for the promotion of electric mobility in India will be only for commercial vehicles, and automobiles for personal usage will not be included
Automobile dealers' body FADA on Tuesday said retail sales of passenger vehicles (PV) in June declined by 4.6 percent to 2,24,755 units as compared to the same period last year
India’s strong demand for diesel slows down as motorists shift gears to petrol vehicles on narrowing price difference
India’s strong diesel demand growth is decoupling from the car market as motorists increasingly turn to gasoline vehicles, leaving it more reliant on patchy demand from construction and heavy industry
Passenger vehicle sales log steepest decline in nearly 18 years, industry seeks govt support to stimulate growth
Passenger vehicle sales in India witnessed the steepest decline in nearly 18 years, dropping by over 20 percent in May, as continued weakness in retail offtake forced manufacturers to cut production in order to adjust to market demand
Domestic passenger vehicle (PV) sales declined 17.07 percent to 2,47,541 units in April from 2,98,504 units in the year-ago month
SIAM urges govt to reduce GST on vehicles to 18% to compensate sector as new emission, safety norms may trigger price hike
Auto industry has approached the government to cut GST on passenger vehicles and two-wheelers from 28 percent to 18 percent to compensate the sector, which is expected to see price hike in range of 10-15 percent with the coming of new emission and safety regulations