Cred Introduces Seamless Car Valuation & Resale Feature In Partnership With Cars24 And Spinny

Cred Garage

Cred, a leading financial technology platform, has unveiled a new car valuation and resale feature within its ‘Cred garage’ vehicle management service, which allows its members to easily determine their car's value and facilitate its sale, streamlining a traditionally cumbersome process.

The service has been developed in partnership with used car platforms Cars24 and Spinny, which enables new functionality for instant car valuations, free doorstep inspections and swift payments upon sale completion. A key focus of the new feature is privacy, with member information remaining secure and private until they actively opt to proceed with an inspection.

The service aims to provide a convenient and transparent way for members to assess their car's market value without the need to visit multiple dealerships or endure unsolicited sales calls. Whether a member is planning to sell, comparing offers or simply curious about their car's current worth, the feature leverages data from two of India's leading digital resale platforms to provide quick and reliable insights. It also serves as a valuable tool for cross-referencing quotes received from offline dealers, ensuring members secure a fair price for their vehicle.

How it works

Cred members can instantly access their car's estimated value within Cred garage, a feature already used by over 7 million members to manage their vehicles. By answering a few straightforward questions, they receive a detailed valuation.

Should they decide to sell, members can schedule a complimentary home inspection at their convenience. The process is designed to be hassle-free, with no extensive paperwork required from the member. Once the vehicle is inspected and an offer is accepted, the partner platforms manage the entire resale process, including the crucial step of ownership transfer.

Member information is only shared with partners if an inspection is booked. Until then, all data remains securely with Cred, preventing any unsolicited calls or messages from dealers. Additionally, Cred garage will continue to provide members with helpful tips on maintaining their vehicles, potentially enhancing their car's resale value in the future.

Akshay Aedula, Product and Growth at Cred, said, “Cred members already manage their vehicles with discipline – tracking challans, renewing insurance, maintaining compliance. By enabling valuation, inspection and resale, we’re closing the loop: turning responsible ownership into real value by making the final step in vehicle management frictionless, secure and in members’ control. This feature is aimed at creating a car resale premium experience in line with the high-value vehicles that members own and enable them to get better value when they upgrade.”

The expansion of Cred garage builds on its existing suite of services, which includes managing challans, renewing pollution certificates, insurance, and FASTag – all from a single platform. Over the past year, more than 2.4 million members have utilised the service to identify pending challans and 5.3 million have received alerts about expiring pollution certificates. With 37 percent of members managing more than one vehicle, this new feature adds significant value to Cred garage.

Cred members constitute a substantial portion of India’s privately owned vehicle demographic. This new feature aims to make car valuation and resale an organised, efficient and spam-free extension of responsible car ownership.

Gajendra Jangid, Co-Founder and CMO, Cars24, said, “At Cars24, we have rebuilt the car-selling experience from the ground up. What was once a slow and unpredictable process is now instant, transparent and fully online. From pricing to paperwork, every step has been simplified to work without friction. This partnership allows us to extend that experience to more people, in a moment that really matters. If we can help someone close a chapter faster and start the next one with clarity, that is a win we deeply care about.”

Nissan Motor India Delivers 100 Gravite SUVs In Hyderabad

Nissan Gravite delivery

Nissan Motor India (NMIPL), in partnership with Vibrant Nissan, reached a significant sales milestone by delivering 100 units of the all-new Nissan Gravite in a single day in Hyderabad.

The mass delivery event, held at Le Palais Royal Crown Villa Garden on 22 April 2026, the company said, highlights the strong market reception for the Gravite following its recent entry into the mid-size SUV segment.

The Nissan Gravite is positioned as a versatile family vehicle, featuring a bold design language and a focus on cabin flexibility. The successful delivery of 100 units underscores rising customer confidence in Nissan's refreshed product portfolio, which is currently anchored by the long-standing success of the Nissan Magnite and now bolstered by the Gravite's premium features and safety package.

With an expanding dealer network and a renewed focus on the Indian market, Nissan is entering a new phase of growth. The Gravite's performance in high-potential markets like Hyderabad is seen as a key indicator of the brand's ability to compete in the highly contested SUV categories.

"The 100 Gravite delivery milestone reflects growing demand for Nissan Motor India and rising customer confidence in the all-new Nissan Gravite. Backed by the Gravite’s bold design, spacious and flexible cabin, strong safety package, Nissan’s expanding network and the continued strong run of the Nissan Magnite, the company is entering a new phase of growth in India," said the company in a statement.

Tesla Launches Six-Seater Model Y L Launched At INR 6.19 Million In India

Tesla Model Y L

US-based electric vehicle maker Tesla India has launched the Model Y L, an all-new 6-seater SUV, at the Ballard Pier Downtown Experience Centre in Mumbai at prices starting INR 6.19 million.

Positioned as a versatile family vehicle, the Model Y L features an extended wheelbase and a three-row configuration. Online orders are open as of 22 April 2026, with the first deliveries scheduled to commence in June 2026.

The Model Y L is designed to maximise utility, offering a unique 2+2+2 seating layout.

  • Second Row: Features individual captain seats with powered armrests, one-touch folding, ventilation and heating.
  • Third Row: Equipped with power recline, one-touch folding and dedicated vented climate control.
  • Cargo Space: Provides a massive storage capacity of up to 2,539 litres with seats folded.

The Model Y L is integrated into the broader Model Y lineup, offering a balance of range and acceleration. The Premium RWD (5-seater) with 500km range came at INR 5.98 million, L Premium AWD (6-seater) at INR 6.19 million and the Premium LR RWD (5-seater) at INR 6.78 million.

The EV features a refined chassis with adaptive suspension and electronic damping to filter road vibrations. For a premium cabin experience, it includes acoustic glass and an 18-speaker immersive Tesla Audio system.

Furthermore, as part of its focus on driving adoption of the green vehicles, Tesla continues to build its ecosystem in India to support new and existing owners:

At present, Tesla operates 5 Supercharger stations (20 Superchargers) and plans to add 7 more along major highways connecting Delhi, Mumbai, Bengaluru and other key cities.

Existing service centres in Mumbai, Gurugram, Delhi and Pune are being augmented this quarter with new locations in Bengaluru, Hyderabad, Chennai and Ahmedabad.

The Model Y L will be available for public viewing from 23 April 2026 at Tesla locations in BKC (Mumbai), Aerocity (Delhi) and Orchid Business Park (Gurugram).

Monthly financing for the Model Y L starts at INR 49,000, and the EV supports the full suite of Tesla connected features, including live traffic visualisation and integrated streaming services like Spotify and Netflix.

Toyota Kirloskar Motor Reaffirms Carbon-Neutral Goals On Earth Day 2026

Toyota Kirloskar Motor

Toyota Kirloskar Motor (TKM), one of the leading passenger vehicle manufacturers, has marked Earth Day 2026 by providing an update on its progress toward the Toyota Environmental Challenge 2050.

The company has reported significant milestones in manufacturing decarbonisation, water stewardship, and logistics efficiency, aiming to achieve carbon-neutral manufacturing operations by 2035.

Toyota Kirloskar Motor has focused on eliminating its environmental footprint across its production and supply chain through several key initiatives:

Renewable Energy: For the 5th consecutive year, Toyota Kirloskar Motor’s manufacturing facilities have utilised 100 percent renewable grid electricity, effectively eliminating all Scope 2 emissions.

Logistics Decarbonisation: The company has shifted 24 percent of its vehicle logistics to rail transport, reducing emissions per vehicle from 185 kg to 175 kg. Additionally, the pilot of electric trucks for short-distance transport has resulted in an annual reduction of approximately 950 CO2 emission.

Water & Waste Management: Approximately 89 percent of water requirements are currently met through recycling and rainwater harvesting. The company also maintains a Zero Waste-to-Landfill status, with a recycling rate of over 96 percent.

Aligned with India’s energy landscape, Toyota Kirloskar Motor is pursuing a multi-pathway approach to clean mobility. This includes active pilot projects for Hydrogen Fuel Cell Electric Vehicles (FCEV) and Electrified Flex-Fuel Vehicles (FFV-SHEV) to reduce dependence on energy imports and leverage domestic resources.

On-site, TKM’s Green Wave Project has successfully sequestered 8,118 CO2-emission through afforestation, supporting over 650 plant species. The company's Ecozone, a 25-acre experiential learning centre, has trained over 62,000 students to date, fostering environmental awareness in the next generation.

B Padmanabha, Executive Vice-President of Manufacturing, Toyota Kirloskar Motor, said, “On Earth Day 2026, Toyota Kirloskar Motor proudly reinforces its commitment to ‘Our Power, Our Planet,’ advancing a carbon‑neutral future by embedding sustainability into every aspect of our products, operations, and partnerships. Since 2021, our manufacturing facilities have been powered entirely by renewable grid electricity, eliminating Scope 2 emissions for five consecutive years and demonstrating that industrial growth and environmental responsibility can go hand in hand.”

Renault Duster Bags 5-Star BNCAP Rating For Adult And Child Occupant Protection

Renault Duster - BNCAP

European automaker Renault India has announced that its all-new Renault Duster SUV has achieved a 5-star safety rating from the Bharat New Car Assessment Programme (BNCAP).

The results apply across the vehicle's entire range, including the 1.0-litre and 1.3-litre turbo-petrol variants. The SUV scored 30.49 out of 32 for Adult Occupant Protection (AOP) and 45 out of 49 for Child Occupant Protection (COP).

The rating is based on crash tests conducted on the Evolution, Techno and Iconic trims.

Built on the new RGMP platform, the Duster was engineered to meet structural integrity targets for various crash scenarios. Standard safety equipment across all variants includes six airbags, Electronic Stability Program (ESP) and ISOFIX child seat anchors. The vehicle also features Level 2 Advanced Driver Assistance Systems (ADAS), providing 17 active safety functions such as autonomous emergency braking and lane keep assist.

The Duster, which launched in the Indian market last month with a starting price of INR 1.04 million (ex-showroom), is the first Renault model in India to offer this level of automated safety technology. The SUV is backed by a 7-year warranty, positioning it as a highly competitive entry in the mid-size segment against rivals like the Hyundai Creta and Kia Seltos.

Francisco Hidalgo-Marques, VP, Sales & Marketing, Renault Group India, said, “Since the moment of its reveal, the Duster has appealed to Indian customers with its strong SUV design, outstanding ride and handling, and confident performance. With this latest achievement, the Duster now also makes a compelling case for rational buyers combining one of the best fuel efficiency figures in the segment with a 5-star BNCAP safety rating for adult and child occupant protection, and the added reassurance of a best in-market 7-year warranty.”

Dr. V Vikraman, Chief of Renault Engineering, India, added, “This result is rooted in engineering execution on the ground. The Duster was subjected to extensive simulations, physical crash tests, and system-level validations, with a strong focus on real-world Indian driving conditions. From body structure performance to restraint calibration and electronic safety systems, every element was engineered, tested and refined to work together. The 5-star BNCAP rating reflects the rigour of that end-to-end engineering and validation process.”