Skoda global sales up 20% to 432,000 units in first-half 2023

Autocar Professional Bureau 28 Jul 2023

Demand for the brand’s bestseller, the Octavia (+60.2%), as well as the all-electric Enyaq iV family (+41.0%), saw a s...

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Piaggio Group reports net profit of Euro 68 million for first half of 2023

Autocar Professional Bureau 28 Jul 2023

The company reported consolidated net sales, up 11.3% to 1,172 million euro, the best result ever reported for the fir...

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Sundram Fasteners Q1 profit down 7% at Rs 129cr

Autocar Professional Bureau 28 Jul 2023

The company's revenue from operations also dipped 2% in Q1 FY24 at Rs 1,215.65 crore.

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Hyundai and Kia introduce blockchain-based CO2 emission monitoring system for suppliers

Autocar Professional Bureau 28 Jul 2023

New Supplier CO2 Emission Monitoring System (SCEMS) to help establish a sustainable supply chain; integration of AI an...

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Onsemi and Magna target growing global EV market, invest in SiC manufacturing

Autocar Professional Bureau 28 Jul 2023

Magna to integrate onsemi EliteSiC into its traction inverter solutions to improve range and efficiency of electric ve...

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Car and bike OEMs in India recall 5.4 million vehicles since 2012

By Ajit Dalvi 28 Jul 2023

In what is a sign of a maturing market with increased awareness about vehicle safety and customer satisfaction, OEMs i...

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Sona Comstar reports 48% profit at Rs 112 crore for Q1FY24

Autocar Professional Bureau 27 Jul 2023

The company's revenues from the BEV segment grew by 13% on a year-on-year basis during Q1FY24, representing 26% of ove...

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Tesla created secret team to suppress thousands of driving range complaints: Report

Autocar Professional Bureau 27 Jul 2023

Tesla allegedly inflated vehicle range estimates through software algorithms and had a "Diversion Team" to cancel rang...

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Foxconn unit in talks for US$ 200 million components plant in India's Tamil Nadu: Report

Autocar Professional Bureau 27 Jul 2023

The company already has a sprawling campus near Chennai city in Tamil Nadu where the company is engaged in the assembl...

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Semiconductor PLI to help India do in 10 years what China did in 30: Rajeev Chandrasekhar: PTI

Autocar Professional Bureau 27 Jul 2023

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