Droom Launches AI-powered Platform MyDroom On Eve of 10-Year Anniversary
- By MT Bureau
- October 14, 2024

Droom, a leading automobile marketplace has marked its 10-year anniversary by launching MyDroom, which it says is an AI-powered platform that aims to transform the future of vehicle ownership.
The company states that MyDroom is a one-stop destination for vehicle owners that will provide solutions ranging from predictive maintenance and real-time tracking to personalised recommendations. It will not only help users stay ahead of maintenance schedules but also integrate various services like repairs, roadside assistance, and even car washes into a single platform—making vehicle ownership smarter and more efficient than ever before.
Founded in 2014 by Sandeep Aggarwal, (Founder & CEO) Droom claims it has empowered over 2.5 million customers. The 10-year anniversary milestone celebration was attended by Naveen Jindal, Chairman, Jindal Steel and Power, who was the Guest of Honor and its investor and brand ambassador, Badshah. The event was also attended by over 150 tech entrepreneurs in India.
Till date, Droom has sold over 580,000 vehicles worth a staggering USD 7.3 billion, the company has facilitated more than 4.5 million listings and served a vast network of 23,000 dealers across 1,176 cities. It currently has over 16 million monthly active users and 16.2 million app downloads.
“Our country’s growing pool of educated and skilled men and women driving the social and economic change. The majority of our population comprises youth who are aspiring for opportunities. And for us to provide these opportunities, we need to grow and for growth, we need to cooperate, collaborate and co-exist with our neighbours. He praised every entrepreneur for their hard work and contribution to make India what it is. In continuation he said with the right efforts Haryana will be a developed state in next 10 years and Gurugram will be the developed city of the state in next 5 years,” said Jindal.
Badshah added, “I’ve been a part of Droom’s journey as an investor and ambassador, and it’s been inspiring to see how they continue to innovate and push boundaries. MyDroom is a groundbreaking platform that perfectly aligns with my passion for technology and forward-thinking solutions. I’m excited to see how this will transform the way we manage and experience vehicles.”
Sandeep Aggarwal stated, "The past decade has been an extraordinary journey of innovation, disruption, and growth. We are deeply grateful to our team, customers, and partners for their trust and support. MyDroom marks the next chapter in our story — one that places vehicle owners at the forefront and harnesses AI to deliver a truly personalised, seamless experience. We are excited to lead the industry into the next decade and beyond. Sandeep expressed his gratitude to Naveen Jindal and Baadshah for their presence, highlighting the valuable insights and vision they shared with the esteemed audience."
- Renault Group
- Francois Provost
- Fabrice Cambolive
- Dacia
- Katrin Adt
- Philippe Brunet
- Anthony Plouvier
- Thierry Charvet
- Claire Fanget
Renault Group Announces Executive Overhaul To Accelerate Growth
- By MT Bureau
- September 01, 2025

French automotive major Renault Group has announced a major reorganisation of its leadership team, with new CEO Francois Provost unveiling a series of executive appointments and role changes to ‘accelerate execution’ and ‘drive expansion’.
The overhaul follows Provost's appointment on 31st July and is aimed at creating a more agile organisation that can make faster decisions.
"To meet the challenges ahead, we need an organisation that decides faster, executes smarter and stays closer to our customers. Today’s leadership changes bring together talented executives with deep industry knowledge, strong expertise and above all, the internal credibility to make a difference," said Provost.
The most significant change sees Fabrice Cambolive appointed to the new role of Chief Growth Officer, in addition to his current position as CEO of the Renault brand. In his expanded remit, he will oversee both the Renault and Dacia brands to leverage synergies and maximise revenue. He will also lead the Group's international development, with a focus on key markets in India, Latin America and Korea.
The changes also include:
- Katrin Adt becomes CEO of Dacia, reporting to Fabrice Cambolive. She succeeds Denis Le Vot, who has left the company.
- Philippe Brunet has been appointed Chief Technology Officer (CTO), a new position created to accelerate innovation and development. He will manage engineering for both the Renault Group and Ampere. He takes over from Philippe Krief, who will now dedicate his full attention to his role as CEO of Alpine.
- Anthony Plouvier is the new Chief Procurement Officer, having previously served as VP Procurement Strategy and Transformation.
- Thierry Charvet's role has been expanded to include Supply Chain, in addition to his responsibilities as Head of Industry and Quality.
- Claire Fanget is appointed Chief People & Organisation Officer, succeeding Bruno Laforge.
Additionally, Christian Stein, Chief Communications Officer, joins the Leadership Team and Francois Provost will continue to oversee Partnerships and Public Affairs.
JSW MG Motor India Sells 6,578 Vehicles In August 2025
- By MT Bureau
- September 01, 2025

JSW MG Motor India, one of the leading passenger vehicle manufacturers, has announced its wholesales for August.
The company marked a 52 percent growth YoY last month when it sold 6,578 units, as against 4,323 units a year ago.
The OEM attributed the healthy performance to the start of the festive season, which marked the highest deliveries for the automaker this year. The MG Windsor EV and the MG Comet EV saw a 5 percent 21 percent growth over July.
Furthermore, the company has been expanding its dealer network with three new facilities being inaugurated last month. With this the company now has over 543 sales and aftersales touchpoints across 270 cities, which enables to cover 90 percent of India’s geographical footprint.
BMW X5 Launched In India At Prices Starting INR 10.03 Million
- By MT Bureau
- August 28, 2025

BMW India has released the new BMW X5 at prices starting INR 10.03 million (ex-showroom). The cars are produced at the BMW Group Plant in Chennai and come with petrol and diesel engine options.
The ex-showroom prices for the new variants are as follows:
- BMW X5 xDrive30d: INR 10.23 million
- BMW X5 xDrive30d M Sport Pro: 11.5 million
- BMW X5 xDrive40i: INR 10.03 million
- BMW X5 xDrive40i M Sport Pro: INR 11.3 million
The new X5 models include a BMW Widescreen Curved Display, which combines a 12.3-inch information display and a 14.9-inch control display. The cars also feature Comfort Seats with electric adjustments and lumbar support. Standard equipment includes a Harman Kardon Surround Sound System and a 4-zone automatic climate control system.
Both the petrol and diesel engines are equipped with BMW TwinPower Turbo technology. The 3-litre 6-cylinder in-line petrol engine of the X5 xDrive40i produces 381 hp and 520 Nm of torque, accelerating from 0 to 100 kmph in 5.4 seconds. The 3-litre 6-cylinder in-line diesel engine of the X5 xDrive30d produces 286 hp and 650 Nm of torque, with a 0-100 km/h time of 6.1 seconds. Both engines also feature a 48V electrical motor.
The xOffroad package is now available for the X5, providing four driving modes: xSand, xRocks, xGravel and xSnow. The package also includes reinforced underbody protection.
Safety systems on the new X5 include Parking Assistant Professional with Surround View Camera, Reversing Assistant and Drive Recorder. The cars are also equipped with airbags, Dynamic Stability Control (DSC) and an electronic immobiliser.
Maruti Suzuki True Value Attains Milestone Of Selling 6 Million Pre-Owned Vehicles
- By MT Bureau
- August 28, 2025

Maruti Suzuki True Value (MSTV), India's leading pre-owned car retail network, has attained a new sales milestone of selling over 6 million cars since its launch in 2001, which includes 492,697 vehicles in FY2024–25 alone.
The milestone, the company shared, highlights the channel's sustained growth and its status as a preferred choice for consumers seeking quality pre-owned vehicles.
Partho Banerjee, Senior Executive Officer of Marketing & Sales, Maruti Suzuki India, said, "As we celebrate the 6 million sales milestone, we are deeply grateful to all our valued customers for their trust in True Value cars," he said. "Established over two decades ago, Maruti Suzuki True Value has consistently been a top consideration for a diverse demography of customers as a reliable and safe pre-owned car channel."
Banerjee also noted that MSTV is especially popular with younger buyers, with an average customer age of 31. Eighty-five per cent of True Value customers are first-time car owners. The company's focus on "industry-leading services" is designed to provide customers with "complete peace of mind."
All Maruti Suzuki True Value-certified vehicles undergo a rigorous 376-point quality check and are refurbished with genuine Maruti Suzuki parts. The company stated it verifies each car's service history and documentation before it is offered for sale. To further build customer confidence, certified cars come with a warranty of up to one year and three free services.
At present, the company’s network includes 606 showrooms across 305 cities in India.
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