Mahindra slashes electric car e2o price by Rs 92,000

NEW DELHI: Homegrown auto major Mahindra & Mahindra has slashed the price of its electric small car ‘e2o’ by Rs 92,000 following the launch of a central government scheme offering incentives on electric and hybrid vehicles. The e2o, manufactured by the company’s arm, Mahindra Reva Electric Vehicles will see a reduction in price by 16…

BMW selects Infosys as partner for infrastructure management services.

Infosys announced on Thursday it has been selected by German luxury car maker BMW Group as its worldwide partner for application basis infrastructure management services. The five year engagement will cover services such as maintenance and operations of the web infrastructure, content management, SAP Basis operations, IT for IT (the company’s internal IT system) and…

Indian auto market size to triple to 9.3 million units by 2020 : JD Power.

Car sales in India may be on a downslide at present but the total automobile market size will triple to 9.3 million units by 2020, according to global marketing information services company JD Power. Driven by enhanced demand as the number of people with disposable income increases, the sector will grow at a compounded annual…