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Used Cars

Ola partners with Dbest Cars to dispose of over 5,000 used cars

Ola partners with Dbest Cars to dispose of over 5,000 used cars

By:
HT AutoDesk
|
Updated on:
Jan 25, 2023, 10:24 AM

Ola Fleet Technologies has partnered with Dbest Cars India to dispose of its used commercial fleet vehicles in a deal worth over ₹125 crores. The company is undertaking the process to dispose of over 5,000 used commercial cars because the existing fleet is now obsolete. Thanks to the introduction of regulatory changes such as BS6 emission norms and scrappage policies, an ecosystem has been created for utilization and demand for used cars in India.

File photo of Ola cab used for representational purpose only
File photo of Ola cab used for representational purpose only

With increasing motorization rates,

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Used Cars

Used car buying guide: Ford Fiesta

Used car buying guide: Ford Fiesta

Also worth knowing

The Ecoboost engine is something of a flawed hero. On the one hand, it’s clean, remarkably smooth and punchy. On the other hand, there are past owners who, through foam-flecked lips, will tell you never, ever to touch one.

They are likely to be among the relatively small number whose Fiesta engines suffered premature failure of a small nylon coolant pipe, causing the motor to overheat and eventually to seize. Cars built between October 2011 and 2013 were affected.

The other potential problem concerns oil starvation caused by the timing belt breaking up. It runs on oil,

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Used Cars

Peach Cars, a Kenyan used-car marketplace, raises $5M in seed investment

Peach Cars, a Kenyan used-car marketplace, raises M in seed investment

Kenyan automotive marketplace Peach Cars is announcing its $5 million seed round led by Japan-based The University of Tokyo Edge Capital Partners (UTEC) and other angel investors, including Shintaro Yamada (founder and CEO of Mercari), Peter Kenevan (VP, Head of Japan at PayPal), and Hiroaki Ohta (general partner at Japan’s Waseda University Ventures).

The startup, founded by Kaoru Kaganoi and Zachary Petroni in 2020 to democratize car ownership in sub-Saharan Africa, starting with Kenya, will use the money to grow the business, hire more talent and double down on R&D as it expands its tech solutions, according to a statement.

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Used Cars

KIA: Successful Digital Transformation in Manufacturing Process Engineering, Part I

KIA: Successful Digital Transformation in Manufacturing Process Engineering, Part I

Driving fundamental changes through the digitalization process

Digital transformation is a buzz word but we also want to know what exactly means for my job process engineering and what rapidly comes across the departments and companies. And the advantages? Increase efficiency, greater business agility, and the unlocking of new value for all of us, OEMs, material suppliers, tool and part suppliers… Well, our team members know those are important but still, we are not clear to see what changes in our life.

Back to our daily job, we know very well we are facing many practical failures of production while

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Used Cars

I Thought I Was Buying A Safe Used Car. I Found A Secret Modification That Could Have Killed Me

I Thought I Was Buying A Safe Used Car. I Found A Secret Modification That Could Have Killed Me

Like every other automotive journalist, I have bigger eyes than my car-shaped stomach. To us, cars are tasty little morsels that we can’t help but overindulge on until we metaphorically throw up. Well, folks – I’m throwing up. I’ve tried to chew and chew, and keep things down, but I’ve overeaten, and the Honda-shaped bile has risen. Or, was I poisoned?

Ignoring my probably overwrought and too-gross-for-publication metaphor, I’ve learned some really terrible things about my 2011 Honda CR-Z, and thus, the world at large. I recently learned that my car didn’t have working airbags. And I’m not sure the

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Used Cars

Why there may be no return to ‘normal’ for the used vehicle market

Why there may be no return to ‘normal’ for the used vehicle market

Customers browse in a used car lot on February 15, 2023 in Glendale, California.

Mario Tama | Getty Images

All new vehicles become used cars and trucks once they’re sold.

It’s an obvious statement, but one that needs to be laid out to explain the root cause for ongoing inventory and pricing issues in the US used vehicle market, which has been a barometer for the country’s inflation levels.

During the onset of the coronavirus pandemic in early 2020, automakers shuttered factories for weeks to stop the spread of Covid-19. This was an unprecedented action that eventually led to additional

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