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Daimler India Commercial Vehicles posts third consecutive year of operating profit; revenues jump 50 percent in FY22 to Rs 8,217 crore

autherAutocar Professional Bureau     calendar03 Nov 2022

The German truck major almost broke into net profit for FY22, ending with a miniscule Rs one crore in loss.

LATEST

Centre increases ethanol procurement prices

By Shahkar Abidi calendar03 Nov 2022

The initiative has been taken to help accelerate the domestic E20 programme in the country and reduce dependence on co...

India can emerge as global hub for 48V EV tech: Magna CTO

By Mayank Dhingra calendar03 Nov 2022

Global Tier 1 giant recently opened a new e-mobility engineering centre in Bengaluru with simultaneous focus on tappin...

Total Energies targets India’s growing EV market, launches EV fluids

autherAutocar Professional Bureau calendar02 Nov 2022

‘Quartz EV Fluid’ for cars and ‘Hi-Perf EV Fluid’ for two-wheelers developed for drivetrain reducers, e-motors, e-tran...

Yulu to invest Rs 1,200 crore in Karnataka, deploy 100,000 EVs and create battery infrastructure

autherAutocar Professional Bureau calendar02 Nov 2022

MaaS and BaaS provider inks MoU with state government at Invest Karnataka Global Investors Meet; to also set up a Cent...

Honda unveils new WR-V SUV

By Akbar Merchant, Autocar India calendar02 Nov 2022

Honda is currently studying market feasibility for the new WR-V in India, according to sources.

Apollo Tyres appoints Rajasekhara Reddy as Group head for supply chain function in APMEA

autherAutocar Professional Bureau calendar02 Nov 2022

Tyremaker, which is looking to increase its efficiencies, appoints supply chain veteran  with rich experience in digit...

Maruti Suzuki becomes first Indian carmaker to cross 25 million production

autherAutocar Professional Bureau calendar02 Nov 2022

India’s passenger vehicle market leader marks 40 years of production with new milestone; sole Indian company to achiev...

BYD India accelerates network expansion after Atto 3 e-SUV unveil

By Ajit Dalvi calendar02 Nov 2022

EV manufacturer, which has commenced bookings for the Atto 3 and already sells the e6 MPV, is targeting sales of 15,00...

New rear seat belt mandate in Mumbai to be postponed by 10 days

By Manobhava Baruah calendar02 Nov 2022

The time will be used by the Mumbai police to sensitise the city’s commuters about the rule.