TOP STORY

M&M’s net profit jumps on low base; Weak tractor sales weigh on operating performance

M&M’s net profit jumps on low base; Weak tractor sales weigh on operating performance

autherAutocar Professional Bureau     calendar14 Feb 2024

The automaker recorded Rs 629 crore as a one-time impairment provision in the year-ago quarter, while the weakness in tractor volumes and higher expenses dragged the margins.

LATEST

Mahindra continues to have ‘problem’ of plenty: 226,000 bookings
Mahindra continues to have ‘problem’ of plenty: 226,000 bookings

By Ajit Dalvi calendar14 Feb 2024

Scorpio N and Scorpio Classic with 101,000 units account for 45% of total bookings, followed by the Thar, XUV700, Bole...

READ MORE Read More
M&M expects to grow its SUV business in mid to high teens in FY2025
M&M expects to grow its SUV business in mid to high teens in FY2025

By Manobhava Baruah and Ketan Thakkar calendar14 Feb 2024

The company's automotive business, including small commercial vehicles and pickup trucks, grew by 20% to 2.11 lakh uni...

READ MORE Read More
Hero Mavrick 440 priced at Rs 1.99 lakh
Hero Mavrick 440 priced at Rs 1.99 lakh

By Dinshaw Magol, Autocar India calendar14 Feb 2024

This is the most expensive Hero motorcycle to date.

READ MORE Read More
ZF Group inaugurates its 19th manufacturing plant in India at Oragadam
ZF Group inaugurates its 19th manufacturing plant in India at Oragadam

autherAutocar Professional Bureau calendar14 Feb 2024

The multi-divisional facility will develop innovative solutions in safety, automated, connected, and electric domains ...

READ MORE Read More
Tata Nexon secures 5-star Global NCAP rating under new protocol
Tata Nexon secures 5-star Global NCAP rating under new protocol

By Rivan RS, Autocar India calendar14 Feb 2024

The rating is applicable to Nexons produced after August 8, 2023; child occupancy rating has improved.

READ MORE Read More
StoreDot prototype cells achieve 100 miles in 4 minutes with extreme fast-charging tech
StoreDot prototype cells achieve 100 miles in 4 minutes with extreme fast-charging tech

autherAutocar Professional Bureau calendar14 Feb 2024

StoreDot has reached its ‘100in4’ milestone ahead of schedule in early prototype tests by implementing a suite of cell...

READ MORE Read More
Zapp EV gets $10 million funding, plans rollout of i300 urban scooter in Europe and Asia
Zapp EV gets $10 million funding, plans rollout of i300 urban scooter in Europe and Asia

autherAutocar Professional Bureau calendar14 Feb 2024

First vehicle deliveries from the British electric two-wheeler OEM expected in Europe in the coming months, to be foll...

READ MORE Read More
Kinetic Engineering reports Rs 94 lakh in net profit during Q3FY24 
Kinetic Engineering reports Rs 94 lakh in net profit during Q3FY24 

autherAutocar Professional Bureau calendar13 Feb 2024

The company's operating revenue during Q3 FY24 stood at Rs 34.30 crore.

READ MORE Read More
3ev Industries secures Rs 96 crore in Series A funding from Mahanagar Gas 
3ev Industries secures Rs 96 crore in Series A funding from Mahanagar Gas 

autherAutocar Professional Bureau calendar13 Feb 2024

The investment will be used by the company to ramp up production capacity to meet increasing customer demand, support ...

READ MORE Read More

MOST READ

POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

63.96%

No

 

36.04%

Total Votes : 727