Landmark Cars, TPG-backed auto retailer, files for Rs 800 crore public offering

Landmark Cars, TPG-backed auto retailer, files for Rs 800 crore public offering

Car dealership chain Landmark Cars Ltd. plans to file a red herring draft in the coming weeks to raise more than 800 crore through an initial public offering, people familiar with the company’s plan said. They said Axis Capital and ICICI Securities have been appointed as lead managers for the proposed issue. Landmark Vehicles backed … Read more

Mercedes-Benz to make its own electric motors from 2024: report

Mercedes-Benz to make its own electric motors from 2024: report

Mercedes-Benz is said to be making powertrains for its electric cars from 2024, and Mercedes-Benz recently unveiled its Vision EQXX electric car. by HT Auto Office | Update in: January 15, 2022, 04:46 pm File image used for representative purpose. (Reuters) Mercedes-Benz is serious about its electrification goals, and therefore is now aiming to produce … Read more

From the Tata Altroz ​​EV to the BMW i4, here are six electric cars to look forward to in 2022

From the Tata Altroz ​​EV to the BMW i4, here are six electric cars to look forward to in 2022

In a world where conscious buying has become a real thing, it’s no surprise that even the auto industry is moving toward greener, cleaner alternatives. While Indian streets are still teeming with petrol engines, domestic electric vehicle maker Tata Motors is selling more than 2,000 units of Nexon and Tigor EVs in December 2021, simply … Read more