Articles for Business News

Delhi Traffic Police Penalising Vehicle Owners Using Pressure Horns, Modified Silencers

A senior police officer said although police personnel were taking action against such offenders earlier as well, now the focus will be increased.

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Interest Rate Hikes Have Not Yet Impacted Car Demand: Maruti Suzuki's Shashank Srivastava

Srivastava said the company's new SUV Grand Vitara has so far received 40,000 orders and supplies will start in September.

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Toyota Doubles Down On Its Hybrid Bet In India

Toyota Motor is also leveraging its cooperation with partner Suzuki Motor, majority owner of India's biggest carmaker Maruti, to benefit from its low-cost engineering know-how and mild hybrid technology.

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Mahindra In Talks With Different States In India For Setting Up EV Production Site

Mahindra currently does not have a presence in the electric passenger vehicle segment. It however is the leading player in the domestic electric three-wheeler space with over 70 per cent market share.

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Blackstone Sells 13.6pc Stake In Auto Component Maker Sona BLW For Rs 4,000 Cr

Following the transaction, Sona BLW share dropped 4 per cent to settle the trade at Rs 517.40 on BSE on Thursday. During the trading session, the stock touched a low of Rs 505 and a high of Rs 534.

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Britain Sets Out Roadmap For Self Driving Vehicle Usage By 2025

Some vehicles with self-driving features could be allowed on large roads by next year

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Tesla Wins Order To Arbitrate Trade-Secret Case Against Former Engineer

Tesla sued Yatskov in May for allegedly taking confidential information about the company's Dojo AI-training supercomputer and storing it on his personal computer. The lawsuit also alleged Yatskov provided a "dummy" computer for Tesla to investigate to "cover his tracks."

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Next Year's Geneva Auto Show Cancelled

The car show in November in Doha, Qatar, which was initially planned as a complement to the Geneva event, is now going to be the only GIMS show in 2023. It is scheduled to take place every two years, the organisers said.

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Expanding Commercial Vehicle Portfolio, JK Tyre Launches Two New Products

The company has introduced its Next-Gen Semi-Lug tyre Jetway JUC XM along with Jetsteel JDH-XM.

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Switch Mobility Unveils Electric Double-Decker Bus; Switch EiV 22

The double decker has a lightweight aluminium body construction, which offers higher passenger to weight ratio and a competitive cost per km, per passenger.

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