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Honda and Nissan are engaged in advanced talks to deepen their partnership with discussions even considering a complete merger, sources revealed Wednesday. If finalized, the union will create a $54 billion automotive behemoth with the capacity to produce 7.4 million automobiles yearly and will be ranked the third-largest automaker in sales behind Toyota and Volkswagen
Ola CEO Bhavish Aggarwal issued a stern warning to employees on December 17, expressing disappointment over poor attendance levels. In an internal message that has since gone viral, Aggarwal said he was “shocked” by attendance data and announced stricter policies starting next week. He emphasized that the company’s HR team would personally address employees with
The ninth-generation Toyota Camry has officially entered the country with an ex-showroom price tag of Rs 48 lakh. The model, which was globally launched more than a year ago, still pitches the petrol-hybrid powertrain as a major USP. Camry gets a new, fifth-generation hybrid engine making 230hp and with an ARAI-rated fuel efficiency of 25.49km/l.
A highly critical tweet about Mahindra car designs, service, and reliability sent shock waves, prompting a remark from the chairman of Mahindra Group, Anand Mahindra. The user compared Mahindra to Hyundai unfavorably, stating their design is not impressive and unsure of their reliability quotient. He termed some designs “gobar (dung) kinda” and concluded with, “So
The Centre has listed eight major automobile manufacturers, which are Hyundai, Kia, Mahindra, and Honda, for breaching fleet emission standards in the fiscal year 2022-23. This might fetch them penalties of Rs 7,300 crore, as estimated by The Indian Express. The violators face fines of over Rs 2,800 crore with Hyundai, followed by Rs 1,800
Honda Motorcycle & Scooter India has launched two electric scooters in the Indian market, named Activa e: and QC1. They are Honda’s first forays into electric scooters in the Indian market. Therefore, it represents an additional step toward achieving its ambition of a ‘Clean & Green’ two-wheeler portfolio around the globe. The launches mark the
Mahindra launched its much-awaited electric vehicles, the Mahindra XEV 9e and BE 6e, through its advanced XUV and BE sub-brands. The new models promise to rewrite the EV rulebook on style, technology, and price points. Coming as a direct rival to the Mercedes-Benz EQA and BMW iX1, the BE 6e sells at an introductory price
Ola Cabs CEO Bhavish Aggarwal recently addressed rising service issues at Ola Electric, including the number of complaints, around 80,000 monthly۔ He says these were “manageable” for a company operating close to 800,000 vehicles. On an earnings call discussing the problem, Aggarwal framed service issues at Ola Electric as an outcome of growth. He discussed
The Supreme Court has held that an individual holding a Light Motor Vehicle (LMV) driving license is permitted to drive transport vehicles with an unladen weight of up to 7,500 kg. This is a landmark judgment delivered by a five-judge Constitution bench headed by Chief Justice DY Chandrachud and has a direct impact on insurance
Tesla Chief Executive Elon Musk has changed his tune on the long-anticipated $25000 Tesla electric vehicle targeted at human drivers, saying such a model would be “pointless” unless it was fully autonomous. The comments, during an October earnings call, marked a sharp pivot in Tesla’s strategy toward affordable vehicles. Background on the $25,000 Model Earlier
