Ola has launched a bike taxi service at Bangalore. Claimed to offer a fare as low as Rs.2 per km (minimum fare is Rs.30 with Rs.2 charged per km and one Rupee per minute of trip time), the bike taxi service may find many takers considering Bangalore’s traffic congestion. Helping users to get where they want to be in quickly,[Read More…]

As India gets on the hybrid and electric bandwagon under the FAME programme, in UK, a revolutionary low-carbon technology company for the truck and bus industry, Charge R&D Ltd., has claimed to have developed a modular truck and bus diesel (electric) hybrid driveline that would revolutionise the CV sector. Close to being ‘production’ ready according to Glenn Saint who heads[Read More…]

Akito Tachibana has been appointed the managing director of Toyota Kirloskar Motor (TKM), effective April 01, 2016. Akito Tachibana has spent three decades at Toyota spanning across functions like domestic and overseas planning and used car and product management. He has worked in the corporate planning function at Toyota Motor Manufacturing North America Inc., and has also been responsible for[Read More…]

Improved cargo offerings from the manufacturing and re-engagement of the truck fleet in infrastructure projects pushed trucks rentals up by 4 to 5 per cent on trunk routes in February 2016. Yet another factor was the brisk arrivals to APMCs of fruits and vegetables according to S P Singh, Senior fellow and co-ordinator, IFTRT. The rise in freight rates in[Read More…]