Vehicle Firms
Daimler India to offer vehicle financing solutions with Bajaj Finance
Commercial vehicle maker Daimler India said on Tuesday it has partnered with Bajaj Finance to offer tailor-made vehicle financing options for both its customers and dealers. The strategic partnership will offer customer-focused finance solutions with faster turnaround times for loan approvals, streamlined credit appraisal processes, and customised financing options to suit various customer needs, Daimler India Commercial Vehicles (DICV) said. As part of this collaboration, Bajaj Finance will provide a comprehensive range of finance products with flexible terms and conditions to cater to different business requirements, it said. "...This partnership helps our customers grow their businesses with confidence and capitalise on new market opportunities," said Sreeram Venkateswaran, President and Chief Business Officer at Daimler India Commercial Vehicles. "We are rolling out bespoke solutions for various customers from single truck owners to fleet operators providing them flexible ...
 "Daimler India to offer vehicle financing solutions with Bajaj Finance")
Petromin, HPCL partner to launch 1,000 vehicle service centres across India
Hindustan Petroleum Corporation Limited (HPCL India) in partnership with Saudi Arabia-based Petromin Corporation on Monday launched the first set of 16 express vehicle service centres in Bengaluru and Chennai. These are the first of 1,000 'HP Petromin Express Centres' planned across the country over the next few years, a joint statement said. Petromin Express India, a subsidiary of Petromin Corporation, had said last month that it will be partnering with HPCL to invest around USD 100 million to set up around 1,000 vehicle service centres at HPCL retail outlets in India. The Express Centres will offer the walk-in customer basic maintenance services that will be completed in just 30 minutes, the statement said. The business model conceived is expected to generate about 5,000 jobs over the next few years, it said. "The Express Centres are set to totally disrupt the current status of the automotive after-market in India", said CEO, Petromin India & SE Asia, Sanjay Nigam.
 "Petromin, HPCL partner to launch 1,000 vehicle service centres across India")
Vehicle finance sector to return to pre-Covid level by Q2 next fiscal: CIFC
Murugappa group's financial services unit says bad loans are down and it expects AUM to grow 25% this financial year
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When the chips are down: Why vehicle prices in India keep increasing
The primary reason is the supply chain bottlenecks arising due to a shortage of semiconductors
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Tata Motors finance arms to sell loan assets of Rs 14,500 crore
Move to free up capital for both Tata Motors vehicle finance companies
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Maruti, Bajaj Auto: 5 auto stocks that can rally up to 9% from here
The breakout of "Inverse Head and Shoulder" for the Nifty Auto index hints at bullish scenario for auto stocks, provided the overall market momentum says strong
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What vehicle owners can do to maximise their no-claim bonus: Experts answer
With motor insurance premiums set to rise, opting for a voluntary deductible will reduce costs
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Vehicle-finance firms in fast lane; share prices up 7-17% in past one month
Strong vehicle demand to support earnings growth of top lenders
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