Tag: Express Mobility

May 25

Capri Global picks up majority stake in CarLelo for Rs 150 crore

Capri Global Holdings (CGHL) has acquired 51 percent stake in CarLelo, an online multi-brand new car selling platform for a strategic investment of Rs 150 crore. This the company says reinforces Capri Loans’ position as a key player in the Indian automotive financing market while driving digital transformation and enhancing the consumer experience. Capri Loans […]
May 23

Bengaluru, Delhi-NCR and Hyderabad top 3 used car markets for Spinny

Spinny, a used-car retailing platform has shared insights of sales in the first quarter of CY2023. The company says it saw considerable growth in demand for used cars, especially from Tier 1 and Tier 2 cities, of which 65% are first-time car buyers (January 2023 to April 2023) as compared to 60% in 2022.  It estimates […]
May 10

Nitin Gadkari calls for reduction in vehicle population to decongest cities

In the recently-concluded Financial Express CFO awards, Road Transport Minister, Nitin Gadkari called for decongestion of Indian roads. He said that “India is populated in terms of people and automobiles.” Gadkari has announced plans on building expressways for electric cars, cable cars, and even multi-story flyovers to tackle traffic woes in India, especially in a […]
May 9

Domestic demand and focus on premiumisation drives Apollo Tyres FY2023 growth

A strong resilience in the Indian automotive market and focus on premiumisation have helped Apollo Tyres post strong financial results in FY2023. The company has been aggressively pushing its premium European brand Vredestein in the Indian market, which seems to have received a warm response. In Q4 FY2023, the revenues from operations across geographies was […]
Jul 14

Bridgestone India opens 2nd Edition of Mobility Social Impact Awards 2022

Bridgestone India is all set to invites applications for the 2nd  edition of the ‘Bridgestone Mobility Social Impact Awards’ 2022. Through these awards the company aims to identify, recognise and promote sustainable mobility innovations from advanced technologies and solutions for social enhancement by not-for-profit organisations. The three key leading areas for Mobility Social Impact Awards […]