Auto Industry

Ever wondered why sale of new cars has been sliding in the recent past in India? Could it be because of the increased preference among millennials and Gen Z for used cars? Young buyers, who account for 80% of buyers...

Shriram Automall India Limited (SAMIL) which is backed by Shriram Group & CarTrade, has acquired BlueJack, an online car selling portal in a bid to accelerate its offline auction market position with online used ca...

Toyota Kirloskar Motor (TKM) has launched “Toyota Auction Mart” as it becomes the first auto manufacturer in India to venture into used car auction business. Toyota Auction Mart (TAM) is a first of its kind initiati...

Mahindra First Choice Wheels Ltd. (MFCWL), a leading multi-brand used vehicle company, has signed a definitive agreement to raise $15 million (Rs. 94 crore approx.) from San Francisco based investment advisor firm, ...

Tata Motors has announced the appointment of Mayank Pareek as President, Passenger Vehicle Business Unit (PVBU). His appointment is effective October 1, 2014. He will take over from Ranjit Yadav who will now head th...

Interview with Joe King,Head, Audi India

Formerly it was an ‘Advantage’, now it’s a Promise from Hyundai Motor India Ltd (HMIL) which has put together its used-car business under the brand name “H-PROMISE” globally. Earlier known as “Hyundai Advantage”, H-...

Mahindra First Choice Wheels Ltd. (MFCWL), India’s leading multi-brand certified used car company ha

Interview with Mayank Pareek, Managing Executive Officer (Marketing & Sales), Maruti Suzuki India Ltd.

a few of our international models are available in LHD configurations. That’s always a challenge. But from a performance point of view, we have the relevant models like the Cruze in India. It has been the segment le...