Indian Automobile Industry News & Updates
Policybazaar launches Claim Assurance Program to fast track motor insurance claims
Recognising the need for quick and steadfast claims support, Policybazaar has launched its Claim Assurance Program to fast-track motor insurance claims. With a strong presence across 1000+ PIN codes, Policybazaar is targeting metro cities as well as tier 2 & 3 regions.
Uber granted license to operate buses in Delhi
Uber has been granted an aggregator license by the Transport Department, Government of Delhi, to operate buses under the Delhi Premium Bus Scheme. Each Shuttle vehicle will be able to accommodate between 19 to 50 passengers and will be operated by local fleet partners utilizing Uber’s technology.
Tata Motors subsidiaries and Bajaj Finance sign dealer finance deal
Tata Motors Passenger Vehicles (TMPV) and Tata Passenger Electric Mobility (TPEM) subsidiaries of Tata Motors had signed a Memorandum of Understanding (MoU) with Bajaj Finance which is a part of Bajaj Finserv Ltd to provide a diversified range of financing solutions to their dealers. The wide reach of Bajaj Finance will help Tata Motors’ dealers to receive funding on minimum collateral.
ARAI crash tests electric scooters after multiple fire incidents reported
As per a recent development, the Automotive Research Association of India (ARAI) in Pune has completed a series of three crash tests of some of the prominent electric scooters. This comes after numerous incidents including fire and breakage have been reported in battery-powered scooters over the last couple of years.
IPL record breaker Abhishek Sharma’s car collection is interesting
The ongoing IPL season has had its fair share of surprises, and the biggest one yet was RCB beating CSK. However, other records are being set as well, such as Abhishek Sharma breaking Virat Kohli’s record for an Indian player scoring the most sixes in IPL.