Aggressive lending and improved services offered by public sector banks is fuelling a revival in the fortunes of the passenger vehicles sector in India. This trend is being helped by the RBI’s stance on improving liquidity and lowering the cost of financing for borrowers.
Automobile registrations across the country dipped by nearly 19 per cent in November from the year-ago period but passenger vehicles marked growth of over 4 per cent, according to the Federation of Automobile Dealers Association (FADA).
The UK government opened a consultation this week into new automated technologies, which could allow drivers some options to go hands free with the overall aim of making driving on roads safer.
Tata Motors owned Jaguar Land Rover (JLR) has unveiled ambitious plans to electrify all its vehicles from 2020 as part of a more greener strategy. Tata Motors owned Jaguar Land Rover (JLR) recently announced that all its new models will be electrified from the year 2020. The luxury brand, acquired by the Indian automotive giant nine years ago, unveiled plans for a range of fully electric, plug-in hybrid and mild hybrid vehicles in the coming years. “Every new Jaguar Land Rover model [...]