Recent Articles Published by Autocar Professional Bureau
Cummins India standalone net profit up 47% to Rs 1661 crore in FY24
Cummins India standalone net profit up 47% to Rs 1661 crore in FY24

By Shahkar Abidi calendar30 May 2024

Key economic indicators like GDP growth rate of 7.6% and consistent PMI indicate optimism about continued growth.

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ZF Commercial Vehicle's net profit jumps by 11.9% to Rs 406 crore in FY24
ZF Commercial Vehicle's net profit jumps by 11.9% to Rs 406 crore in FY24

By Shahkar Abidi calendar29 May 2024

On a quarterly basis, ZFCVS' net profit remained almost flat at Rs 100 crore during Q4 FY24 compared with Rs 101 crore...

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Popular Vehicles sales dip, but revenue jumps on premium push
Popular Vehicles sales dip, but revenue jumps on premium push

By Shahkar Abidi calendar29 May 2024

Philip noted that going forward, growth will be driven by sales of premium vehicles and electric vehicles.

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Fiem Industries earmarks capex of Rs 250–300 crore for three years
Fiem Industries earmarks capex of Rs 250–300 crore for three years

By Shahkar Abidi calendar29 May 2024

The company had a capex of Rs 85.86 crore in FY24.

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Talbros Automotive revs up expansion as capacity hits peak
Talbros Automotive revs up expansion as capacity hits peak

By Shahkar Abidi calendar28 May 2024

The company has taken up a new premise on rent in Chakan, in Pune and the supplies are expected to kick start beginnin...

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Rico Auto Industries expands footprint with land acquisition in Hosur
Rico Auto Industries expands footprint with land acquisition in Hosur

By Shahkar Abidi calendar28 May 2024

The development comes amidst declining sales in FY24; finds solace in enhanced businesses from Maruti Suzuki and Toyot...

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NDR Auto Components to expand operations near Maruti, Kia plants after hitting capacity
NDR Auto Components to expand operations near Maruti, Kia plants after hitting capacity

By Shahkar Abidi calendar28 May 2024

Pranav Relan, Whole-time director of the company, said, " Utilisations at our facilities across Haryana, Bangalore and...

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India's construction equipment sales boom defies election slump
India's construction equipment sales boom defies election slump

By Shahkar Abidi calendar28 May 2024

Industry captains attribute this unexpected boom to the government's ongoing infrastructure push.

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Supply of steel to Indian auto industry to get major boost after ArcelorMittal Nippon Steel's Hazira expansion
Supply of steel to Indian auto industry to get major boost after ArcelorMittal Nippon Steel's Hazira expansion

By Shahkar Abidi calendar28 May 2024

ArcelorMittal Nippon Steel India, a leading integrated flat steel producer in the country, currently has a crude steel...

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Lumax Cornaglia makes strategic U-turn: plastic tanks to drive over 50% of revenue by 2026
Lumax Cornaglia makes strategic U-turn: plastic tanks to drive over 50% of revenue by 2026

By Shahkar Abidi calendar25 May 2024

Research indicates that plastic tanks, typically made from polyethylene and polypropylene using rotational moulding, o...

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