Tag Archives: Car

Best Used Car Deals In Bangalore for Ford EcoSport between 50,000 – 1,00,000 Kms From Cartoq TRUE PRICE

Ford pioneered the sub-compact SUV segment with its EcoSport which has been its best-seller since its launch. EcoSport is a well-built car that is a joy to drive and therefore a favourite of enthusiasts. A used EcoSport is ideal for those looking a for feature-rich, stylish SUV that is good to drive–both in the city and on highways. Ford’s initiative to ... Read More »

Tesla to build new car factory near Berlin – up to 10.000 new jobs

Elon Musk, founder and CEO of Tesla, one of the world’s best-known producers of electric cars, has announced that the company’s new factory for the European market will be built in Germany. New Tesla factory will be near Berlin-Brandenburg airport Speaking during a ceremony at the Golden Steering Wheel awards in Berlin, Musk announced that the company’s new car and battery factory ... Read More »

Here’s how Fintechs are helping used car firms to boost sales

Droom Technology, the online transactional platform for automobiles, recently acquired Delhi-based non-banking financing company, Xeraphin Finvest, for an estimated USD 3 – 3.5 million. The online auto services provider is expanding its fintech business under Droom Credit Business Unit to drive auto loan disbursals and insurance for purchase of preowned vehicles and facilitate dealer financing options. In contrast to declining ... Read More »

UK: New car market down 6.7 percent in October

Demand for new cars in the United Kingdom fell 6.7 percent last month, the automotive industry said. Some 10,348 fewer cars were registered in October than during the same month in 2018, according to the Society of Motor Manufacturers and Traders (SMMT). The figure reflects a tough environment for businesses and consumers as economic and political uncertainty continue to hit confidence, the ... Read More »

Tesla’s service and used car revenue is growing, but can’t make up for a plunge in US vehicle sales

While Tesla’s overall sales dropped 39% in the U.S. during the third quarter, the company is seeing robust growth on “services and other” revenue, which includes sales of used cars. Revenue in that category jumped 68% to $548 million from $326 a year earlier, according to Tesla’s latest financial filing. Over the first nine months of 2019, it grew 91% to $1.65 ... Read More »

Truebil offers 7 day trial period for used car buyers

New Delhi: Auto-tech platform for buying and selling of pre-owned cars Truebil on Wednesday has announced a seven day trial period offer. Under the new scheme, pre-owned car buyers from Truebil’s platform will be given a 7 day trial period and if the car does not meet the buyer’s purchase criteria, the company will refund the money. The customer has to ensure that ... Read More »

Spurred by robust used car sales, Cars24 to expand its network in India

Bengaluru: On the back of buoyant sales of used cars in India, Gurugram-headquartered tech-enabled used car company Cars24 is investing heavily on growing its presence across the country, and on improving its back-end technology, according to a top company official. Gajendra Jangid, co-founder and chief marketing officer of Cars24, in an interview to Mint, said that the company sells 13,500 cars ... Read More »

Major Tips on How to Inspect a Used Car Prior to Purchasing

Major Tips on How to Inspect a Used Car Prior to Purchasing The used cars are in great demand in the pre-owned market. People buy them 3.5 times more often than new ones. There are several reasons for this. For those who do not have enough money, this is the only opportunity to drive. For others, this is a conscious ... Read More »

Mahindra introduces car subscription service

Mahindra has just introduced a new subscription-based service in partnership with Revv that will be available across select SUVs in its range. Prices for the subscription service start from Rs 19,720 per month, which is inclusive of insurance and routine maintenance charges, but may vary from model to model. The initiative aims to increase convenience and flexibility for Mahindra’s customers, in ... Read More »

In new car, Gill eyes top-5 finish

New Delhi: Gaurav Gill is eyeing a top-five finish at the Rally of Turkey that starts next week. Gill, the first Arjuna Award winner from motorsports, returns to the FIA World Rally Championships 2 circuit with a new car, a Ford Fiesta R5, developed by M-Sport. Despite not having had a chance to do any sort of timing in his ... Read More »