Ahmedabad: CARS24 through its financial arm, CARS24 Financial Services Pvt Ltd (CFSPL) has disbursed loans totaling over INR 85 crores in Ahmedabad to car buyers in the region. CFSPL in a media interaction here today informed that it has recorded 80% year-on-year growth in loan disbursements. 'Nationwide, during the AMJ quarter (Q2), 48.5% of car buyers were salaried professionals, indicating a significant trend towards car financing. However, in Ahmedabad, 52% of those opting for loans are s...Read More

Gandhinagar: Tata Group is about to launch building a Giga factory of 20 GW lithium iron battery production. The project should start construction in next couple of months, said N Chandrashekharan today while speaking at the Vibrant Gujarat summit here. He said Tata group has made a commitment and on the verge of concluding an announcement of a huge semiconductor FAB in Dholera in Gujarat. He added - 'we are about to complete these negotiations and start in 2024.' He said Tata is also bui...Read More

Gandhinagar: Suzuki Motors Gujarat will set up another car production plant in Gujarat. Toshihiro Suzuki made this announcement while speaking at the Vibrant Gujarat global summit 2024 here. He said Suzuki Motors will make Rs. 3200 crore investment in Gujarat to add another production line of 2.5 lakh units per year. With this the annual production capacity will jump from 7.5 lakh units per year at present to one million units. He said the company will invest Rs. 35,000 crore for construction...Read More

Jamnagar: In a unique way of protesting against "poor service offered by the dealer", some trucks were brought down to the showroom from where they were purchased, by tying them up behind a camel cart. The trucks were brought down with a music band. The trucks were bought five months ago. The truck driver, Mushtakbhai, said, "I bought 19 trucks from Tata Motors here in Jamnagar, but for the past five months, the trucks have been facing problems. Every time we make a trip to Mumbai, the silenc...Read More

New Delhi, 2nd March 2023: Honda Cars India Ltd, a leading manufacturer of premium cars in India today launched the New City (Petrol) and New City e:HEV in the Indian market with sporty exterior styling, elegant interior enhancements and introduction of new features for advanced safety, connectivity and convenience. Both the models are BS-6 RDE compliant on E5 fuel and E20 material compatible. Commenting on the launch of the New Honda City, Mr Takuya Tsumura, President & CEO, Honda ...Read More

Gandhinagar: The Government of Gujarat has given initial approval to 204 fitness centers for effective implementation of the vehicle scrapping policy in the State. These fitness centers will be operational by March 2023. Spokesperson minister of the Gujarat government, Rushikesh Patel informed the media persons today that the new policy has provision for fitness tests of 15 years old commercial vehicles. There are 23 lakh such vehicles in Gujarat. The new policy has provision for the compulsory ...Read More

Gandhinagar: Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors Limited, completed the acquisition of Ford India's manufacturing plant in Sanand on Tuesday. In August last year, the company announced that it would acquire Ford India Pvt. Ltd.'s Sanand plant in Gujarat for Rs 725.7 crore. Tata Motors, in a regulatory filing, said that with the fulfilment of all the necessary conditions, the parties have completed the transaction, and TPEML has acquired the Sanand ...Read More

  -- ભારતમાં મારૂતિ સુઝુકી ઇન્ડિયાના 40 વર્ષ પૂર્ણ, રવિવારે ખાસ કાર્યક્રમમાં પીએમ મોદી હાજર રહેશે -- ગુજરાતને ડબલ એન્જિન સરકારનો લાભ મળ્યો, છેલ્લા 8 વર્ષમાં દેશમાં કુલ રૂપિયા 31.3 લાખ કરોડના રો�...Read More

Honda Motorcycle and Scooter India (HMSI) commenced all India dispatches of the all-new CB300F from its 4th factory at Vithalapur (Ahmedabad district), Gujarat. The roll out of the newly launched motorcycle was celebrated by conducting a special line off ceremony in the august presence of Mr. Atsushi Ogata - Managing Director, President & CEO (HMSI) along with Mr. Takahiro Honda - Chief Production Officer & Director (HMSI), Mr. Naveen Awal - Director, Production (HMSI), Mr. Manish Du...Read More

Mumbai: Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors Ltd, and Ford India Private Limited (FIPL), have today signed a Unit Transfer Agreement (UTA) for the acquisition of FIPL’s manufacturing plant situated at Sanand, Gujarat, which inter-alia includes: (i) entire land & buildings; (ii) Vehicle Manufacturing Plant along with machinery and equipment situated therein; and (iii) transfer of all eligible employees of FIPL’s vehicle manufacturing operations at Sana...Read More