Luxury Ride expands inventory of luxurious cars to 75+ this festive season

As festive season is one of the most crucial times for marketers, Luxury Ride, a one-stop destination for the most opulent range of pre-owned luxury cars, has expanded its inventory size to 75+ for pre-owned luxury ...

Maruti Suzuki True Value celebrates milestone of 50 lakh pre-owned car sales

Maruti Suzuki True Value has achieved a landmark milestone of selling 50 lakh pre-owned cars. Introduced in 2001, it has been a one-stop destination to buy and sell quality pre-owned cars. The hassle-free purchase a...

DriveX launches two-wheeler refurbishment centre in Coimbatore

Asia’s first multi-brand affordable mobility platform and India’s first and only digital-first two wheeler platform, DriveX has launched its first state of the art DriveX Technical Centre, a highly developed service...

Spinny acquires AI-powered car connectivity solutions startup Scouto

Pre-owned car retailing platform Spinny has acquired a 100% stake in AI-powered connected car startup Scouto. The deal will mark one of the first consolidations in the AI-powered used car solutions segment where Spi...

Millennials, Gen Z appetite for used cars on the rise: Cars24 Ipsos Report

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...

Cars24 to launch Mega Refurbishment Labs in major Indian cities

Cars24, a leading e-commerce platform for pre-owned vehicles, has announced the launch of seven company-owned refurbishment centres called Mega Refurbishment Labs (MRLs) this year. These MRLs will be set up across 3...

Cars24 plans US $100m investment in key overseas markets

Cars24, a leading e-commerce platform for pre-owned vehicles and operating in over 130 cities in India is set to further strengthen its foothold in the Southeast Asian and Middle East markets in 2021. The company r...

Luxury Ride expects 60pc revenues from online sales of pre-owned luxury cars

With social distancing the norm of the day during the prevailing covid-19 pandemic, Luxury Ride, a growing chain of pre-owned luxury cars, announced that it is expecting as much as 60% of all its revenues to come fr...

FCA India launches pre-owned Jeep Compass business ‘SELECTEDforYOU’

Three years after the successful launch of the first ever made-in-India Jeep, FCA India has announced the introduction of its all new certified pre-owned vehicle business - ‘SELECTEDforYOU’

Besides selling cars, Cars24 now offers buying option too

Cars24, a leading tech platform for used cars, was till recently a very popular platform for people to sell their used cars. Now the company has announced that consumers can buy cars from its platform. It will now o...

Honda Motorcycle and Scooter India extends partnership with Shriram Automall India

Pioneering in pre-owned two-wheeler business with ‘Best Deal’ outlets, Honda Motorcycle & Scooter India Pvt. Ltd announced the extension of its partnership with Shriram Automall India Ltd, unit of Shriram Transport ...

Honda 2 Wheelers commits Rs 800 crore investment for 2018-19

After creating a new world record by becoming the only company in India and the world to add 1 million incremental sales in one year, Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) has earmarked Rs 800 crore inve...

Mahindra First Choice Wheels includes premium bikes

Mahindra First Choice Wheels Ltd. (MFCWL), India’s leading multi-brand used car products and services company, has now entered the space of used premium two wheelers. The company will initially focus on the premium ...

Pre-owned electric cars platform by Mahindra First Choice Wheels

Mahindra First Choice Wheels Ltd. (MFCWL), India’s No. 1 multi-brand certified used car company, has inaugurated India’s first certified pre-owned electric vehicle outlet - Car Connect, located at HSR Layout in Beng...

ACMA Study on Indian Automotive Aftermarket: The Road Ahead

The Indian automotive aftermarket stood at Rs 56,098 crore (USD 8.4 billion) in 2016-17 with a total vehicle parc of 228.7 million across the country. The Indian automotive aftermarket is expected to reach Rs. 75,70...

First fully owned Bosch Car Service Centre in Bengaluru

Bosch Limited inaugurated its first Company Owned Company Operated (CoCo) Bosch Car Service Centre in Bengaluru on January 19, 2017. The centre was inaugurated by Soumitra Bhattacharya, President, Bosch Group India.

SAMIL plans 60 automalls all over India soon

India’s one-stop destination for pre-owned vehicles and equipment, Shriram Automall India Limited (SAMIL) has been on an aggressive expansion drive. While focussing largely on South India, the company reported maxim...

Mahindra First Choice Wheels raises $15 Million from US investor

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, ...

Honda ties up with Shriram Automall to sell pre-owned motorcycles

One of the fastest growing manufacturers in the two-wheeler segment in India, Honda Motorcycle and Scooter India Pvt. Ltd. (HMSI) announced their exclusive tie-up with Shriram Automall India Ltd. (SAMIL). The initia...

Audi India ends 2014 with record sales of 10851 units

German luxury car manufacturer Audi has closed the year on a record high by notching up an impressive sale of 10851 units in 2014. This marks the seventh successive year of growth for the company which last year bec...

Mercedes-Benz records best year ever in India: Sells 10,201 units

Mercedes-Benz India announced its strongest sales year in the company’s history in India by posting 10,201 units of sales for the period January to December 2014. Thereby, the company recorded a growth of 13pc over ...

Mercedes Benz launches pre-owned car brand ‘Mercedes-Benz Certified’

Mercedes-Benz manufactures some of the most luxurious automobiles in the world and on December 18, 2014 they launched their first pre-owned car brand in India called ‘Mercedes-Benz Certified’. The launch of ‘Mercede...

Audi showroom for pre-owned luxury cars

On April 19, 2014 Joe King, Head, Audi India inaugurated an Audi Approved: Plus showroom in Gurgaon on the outskirts of New Delhi which would cater to those keen to buy second hand luxury cars. The second hand cars ...

Interview with Sameer Malhotra, CEO of Shriram Automall India Ltd. (SAMIL)

Interview with Sameer Malhotra, CEO of Shriram Automall India Ltd. (SAMIL)

‘Audi Approved Plus’ pre-owned biz now in India

Toeing the line of its compatriots like VW, Mercedes Benz and BMW, Audi India has finally launched i

Interview with Jun Nakata, Director - Sales and Marketing, India Yamaha Motor Pvt. Ltd.

We are under process to expand our capacity at the Surajpur factory. Finally, we can produce 1 million units per annum in two shifts. For this fiscal, we are targeting 6.5 million units in sales, out of which 4.5 mi...

Interview with Sumit Sawhney, Vice President (Marketing, Sales and Aftersales), General Motors India

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...

Vijay Kumar appointed CEO of Mahindra First Choice

YVS Vijay Kumar appointed CEO of Mahindra First Choice

Ford India takes ‘Ford Assured’ to 5 key markets

Ford India takes ‘Ford Assured’ to five key markets

Interview with Arvind Saxena, Director (Marketing and Sales) Member of Board, HMIL

We have finalised the plan for a diesel engine plant. We would manufacture all diesel engine requirement in India itself. I think by the second half of 2013 we should have a diesel engine being manufactured here. T...

Mercedes-Benz India inaugurates its new dealership

Mercedes-Benz India inaugurates its new dealership facility in Hyderabad

Mahindra superstore in Delhi

Mahindra superstore in Delhi

Merc  ‘Proven Exclusivity’ programme in Kolkata

KOLKATA: After the introduction of its pre-owned car programme ‘Proven Exclusivity’ in the cities of




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