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Thursday, April 25, 2024
TopicCars

Topic: Cars

Bike, auto, jaywalker, beep beep—why ADAS will soon make your car behave like a plane

In Europe and China, the Advanced Driver Assistance System is already an essential feature. It's a matter of time before it becomes mandatory in India.

Vehicle owners, automakers not convinced by govt’s plan to recycle old cars, finds survey

Some 57% of 10,543 vehicle owners surveyed by LocalCircles say whether a car should be removed from service or not should depend on miles on the odometer rather than age.

Only 8% Indian families own cars, NFHS finds. Over 50% still use bicycles, bikes & scooters

The findings of the NFHS-5, conducted among 6,64,972 families, or households, were released earlier this month. It was carried out by the Ministry of Health and Family Welfare.

Take a look at top 10 car websites in India

From CarDekho to Zigwheels, the online space for automotive content is stacked with leading websites catering to millions of car enthusiasts every month.

Mercedes for Modi and ‘The Beast’ for Biden: World leaders love state cars. It’s their ‘art’

Serving with both looks and protection, state vehicles are so much more than just protective machines. They are symbolic of their countries' power.

Cars24 raises Rs 3,000 crore funding, nearly doubles valuation to Rs 33,000 crore

The used-car platform has closed a Rs 2,250 crore Series G round led by Alpha Wave Capital alongside Rs 750 crore in debt. It has aggressive expansion plans for 2022.

India’s used car website Cars24 raises $450 mn from SoftBank, Tencent, others

The round values Cars24 at $1.84 billion, almost doubling from the end of last year. It’s starting conversations about an IPO and aims to go public in 18 to 24 months.

First GM, now Ford — why India is becoming a graveyard for world’s auto giants

India is a market for low-priced cars with low running costs, and global majors don’t have the models to match Maruti and Hyundai’s entry-level vehicles.

Cars24 to raise $350 mn from SoftBank, others, aims for IPO

The fundraising would value India’s biggest online marketplace for used automobiles at close to $2 billion. It plans to go public in 18 to 24 months.

Nearly half of all prospective new car buyers are thinking of going electric, study suggests

No less than 41 per cent of those who say they intend to purchase a new car are considering an EV — 66 per cent of them in the next 12 months.

On Camera

BJP has a problem of plenty in Phase 2. It can only go down from that

BJP’s fate in the second phase of 2024 Lok Sabha election will be decided in Karnataka, Rajasthan, and Maharashtra, where it performed very well in 2019 but faces a stiff competition now.

Kotak Mahindra Bank shares drop 10% after RBI bans it from taking new customers via digital channels

The private lender's shares tumbled to be top Nifty 50 loser after India's central bank barred it from taking on new customers through online and mobile banking channels.

Rafale to Exercise Garuda, a look at Indo-French defence ties as Chief of Defence Staff visits France

Another addition to military cooperation has been the Strategic Space Dialogue, inaugurated in Paris in 2023. Last month, India participated as an observer to France’s AsterX.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.