New Delhi, Auto components maker, Rane Group on Monday announced a top management change with L Ganesh set to retire as Chairman from the operating entities of all group firms effective March 31, 2024. Subsequently, Harish Lakshman will take over as Chairman of the group from April 1, 2024, Rane Group said in a statement. […]
In what is expected to be significant boost for the govt’s efforts to speed up scrappage of old vehicles, as many as 21 states and UTs have announced some major concessions for car buyers who choose to scrap their cars, ToI reported on April 29.Under this offer, there will be a concession in motor vehicle […]
Following muted growth in FY24, Commercial Vehicle (CV) sales volumes are expected to register a degrowth by 3-6% in FY25 due to a slowdown in demand in both the Medium and Heavy Commercial Vehicle (MHCV)and Light Commercial Vehicle (LCV) segments, as well as high inventory levels with dealers, CARE Ratings has said.Demand is, however, likely […]