“I think as an investor in India you have slightly better advantage for looking at incumbents and the reason is simple because we do not have the entire value chain of products that go into an EV that are coming from India,” says Raunak Onkar, PPFAS MF. It does not matter whether EV or ICE, … Read more
The shares of Hyundai India will debut at the bourses later today, marking the end of a successful IPO, which is India’s biggest ever till date. The current GMP suggests that the shares may list with moderate gains of 3-5% over the issue price. The IPO was booked 2.3 times, with full subscription achieved only … Read more
The luxury sedan, involved in the accident, in which five young persons were travelling, in Eettiveerampalayam near Tiruppur, on Monday, November 13, 2023 | Photo Credit: Special Arrangement A councillor of the Chettipalayam town panchayat, a suburb of Coimbatore city, and his six-month-old daughter died, after the car they were travelling in was rear-ended by … Read more
MG Motor India launches the Blackstorm edition of its premium SUV — Gloster. The dimensions of the Gloster remain unchanged with a length of 4,985mm, a width of 1,926mm and height of 1,867mm. However, the exterior gets a new look for this edition. MG has opted for the popular all-black look that has worked well … Read more
Volkswagen has updated its flagship SUV in India, the Tiguan, which has also resulted in a price hike of ₹49,000. Priced at ₹34.69 lakh (ex-showroom), the updated Tiguan now gets new dual-tone interiors and other feature updates. Additionally, Volkswagen has also made the 2.0-litre TSI engine compliant with the new stringent emission norms. The Tiguan … Read more
A trail of nine SUVs sets off to an undisclosed location North of Chennai. Past wetlands and fields of red earth they arrive at a sandy patch of land, well off the beaten path. From the vehicles emerge a group of recreational off-roaders who meet every weekend to keep their passion for the sport alive. … Read more
“Ashok Leyland has been consolidating for the last few months at current level. Business has been improving at a very fast pace. Market share recovery has been strong. Margins are just recovering. So that is another stock which we like on the OEM side,” says Jinesh Gandhi, Motilal Oswal Financial Services While highlighting how the … Read more
Lexus launches LX 500d at ₹2.82 crore (ex-showroom) in India and hopes to start delivering the first batch of the luxury SUV between January and March 2023. The Japanese carmaker will participate in the Auto Expo for the first time, where it will exhibit the LX 500d alongside the upcoming RX SUV and LC coupe. … Read more
The Mahindra Alturas G4 is likely to be taken off the shelves soon as the company has delisted the SUV from its website. It is also said the production of the Alturas G4 has stopped and most dealerships are not accepting bookings anymore. Mahindra delisting the Alturas G4 from its website does not come as … Read more
