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EXPANSION OF DEALER NETWORK
CNH Industrial to invest Rs 2,000cr in India by 2030, double tractor mfg capacityCNH Industrial India will invest Rs 2,000 crore by 2030. This includes a new tractor plant near Greater Noida to double manufacturing capac...
BharatBenz gets Rs 4,000 crore boost as Daimler India expands in Tamil NaduDaimler India Commercial Vehicles plans a significant Rs 4,000 crore investment in Tamil Nadu. This expansion will strengthen its BharatBen...
CNH's India posts 42% jump in H1 tractor sales, eyes capacity boost as US tariff strain easesIn a significant development, CNH India has witnessed a 42 percent rise in domestic tractor sales, securing its highest market share to dat...
Nazara’s new raise; PEs gravitate to startupsHappy Friday! Nazara Technologies will raise funds via a preferential issue. This and more in today’s ETtech Morning Dispatch.
Shiprocket trims IPO size; Google's AI leadership shake-upShiprocket is set to launch its IPO after lowering its issue size. This and more in today's ETtech Top 5.
Big shift: Ola Electric moves to dealership model amid market share wipeoutOla Electric said its company-owned stores, which were instrumental in building consumer awareness and trust in its early years, will gradu...
KEI Industries shares surge 7% after Q1FY27 profit jumps 40%, revenue rises 23%Shares of KEI Industries rallied nearly 7% to Rs 5,363.20 on Tuesday following a 40% year-on-year jump in Q1 FY27 net profit to Rs 274 cror...
ETtech Explainer: Inside Zepto's IPO U-turnZepto has paused its IPO and plans to refile its draft papers after two to three quarters. The decision follows months of valuation negotia...
Renault India leveraging on Duster brand equity to woo customers for upcoming productsRenault plans seven multi-energy models in India by 2030. The popular Duster SUV will help attract customers to new products. Preparations ...
Zelio E-Mobility inaugurates Coimbatore plant, takes annual capacity to 2.4 lakh unitsZelio E-Mobility has opened a new manufacturing plant in Coimbatore, Tamil Nadu. This facility boasts an annual production capacity of sixt...
ET Prime Special Series: Multibagger or IBC - Part 66: This old auto ancillary giant is betting big on the next energy shiftFor 40 years, this was one of those businesses the market treated as safe – and slightly dull. It dominated its market, and it generated st...
Did June just mark a new turning point for India's car market?India car sales June data: As manufacturers continue to widen alternative-fuel offerings and supporting infrastructure improves, their shar...
Domestic car sales surge in June on tax cuts, lower interest rates & strong demandIndian car sales surged over 24% in June, marking a strong third consecutive month of double-digit growth. This boom, fueled by tax cuts an...
Nayara Energy crosses 7,000 petrol pumps in IndiaNayara Energy, backed by Russia's Rosneft, has surpassed 7,000 petrol pumps nationwide, solidifying its status as India's leading private f...
Voltas shares soar 5% as firm’s AC sales cross 1 million mark in record time in Q1 FY27Voltas shares surged after the Tata Group firm announced a record-breaking achievement: selling over one million air conditioners in less t...
Used 2-wheeler startup Speedioo raises Rs 10 crore from Atomic CapitalWith the fresh capital, the company is looking to expand into a business-to-consumer (B2C) model, invest in an AI-native tech stack, and in...
Classic Legends aims to expand distribution to 500 dealers; sell internationally in FY26Classic Legends, the company behind Jawa and Yezdi, aims to expand its presence by increasing its domestic dealer network to 500 touchpoint...
Top Carmakers push dealership expansion despite sluggish salesDespite recent pressures on passenger vehicle sales, automobile manufacturers are aggressively expanding dealership networks, causing conce...
MG Motor to recast dealer network ahead of deal with Sajjan Jindal CoMG Motor India is planning to revamp its dealership network by closing underperforming dealerships and opening new ones in different locati...
Fiat to have 100 dealers by 2013-endItalian automobile major Fiat is on a network expansion spree in India, where it wants to have 100 dealers by the end of this year.