News

Zhejiang Geely buys stake in Volvo AB

Despite China making it harder for money to be moved outside, Zhejiang Geely Holding Group (popularly termed as Geely) has acquired an 8.2 per cent stake in AB Volvo claim industry sources. The 8.2 per cent stake is said to be bought from the activist investment firm Cevian Capital at a value of USD 3.2 billion approximately. After buying Volvo[Read More…]

by February 16, 2018 News
New Lohia e-rickshaw

New Lohia e-rickshaw

Lohia Auto has launched a new e-rickshaw called Comfort. Flagged off by union transport minister Nitin Gadkari, the Comfort e-rickshaw is designed with back-to-back seating and features GPS for safety and accuracy. If the ergonomically designed foot steps make it easy to climb in and get off, the e-rickshaw also comes with a dual suspension for better stability and a[Read More…]

by February 16, 2018 News
Tata’s ‘best-in-class’ warranty

Tata’s ‘best-in-class’ warranty

Tata Motors has announced ‘best-in-class’ six-year warranty for the entire range of its tractor-trailers, multi-axle trucks and tippers with a GVW of 16-tonnes and above. Claiming to be the first company in India to introduce a standard driveline warranty of six-years on the entire M&HCV range, the move is expected to help retain customers in the family. Said to be[Read More…]

by February 16, 2018 News
Greaves Cotton signs up with Piaggio

Greaves Cotton signs up with Piaggio

Greaves Cotton has signed up with Piaggio Vehicles to develop new generation powertrain applications. The applications include solutions that meet BSVI emission norms using diesel and other alternate fuels as a source of combustion. The development comes in the wake of the close association between the two companies. Greaves Cotton has been supplying Piaggio with engines for quite some time.[Read More…]

by February 16, 2018 News