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Eicher Motors' turnover scales US$ 4 billion in FY23, Company to invest Rs 1,000 crore in FY24

Eicher Motors' turnover scales US$ 4 billion in FY23, Company to invest Rs 1,000 crore in FY24

autherAutocar Professional Bureau     calendar11 May 2023

The investment will go into the expansion of product portfolio of two wheelers including electric vehicles. Separately, the Volvo Eicher Commercial Vehicle JV will invest Rs 750 crore.

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Pricol reiterates use of legal and financial measures against Minda Corp's
Pricol reiterates use of legal and financial measures against Minda Corp's "hostile takeover" attempt

By Shahkar Abidi calendar11 May 2023

The CCI is likely to examine whether the initial acquisition of 15.7% was purely a financial investment or a strategic...

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Hyundai Motor India to invest Rs 20,000 crore in Tamil Nadu for developing electric vehicles
Hyundai Motor India to invest Rs 20,000 crore in Tamil Nadu for developing electric vehicles

autherAutocar Professional Bureau calendar11 May 2023

The company has also announced plans to further expand total production volumes to 850,000 units per year and introduc...

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Skoda to bring Superb back with BS6-compliant engine
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By Jay Patil, Autocar India calendar11 May 2023

India could also get limited numbers of the Octavia RS.

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Bosch reports 13.8% net profit in Q4FY23, mobility business witnesses 23.7% jump
Bosch reports 13.8% net profit in Q4FY23, mobility business witnesses 23.7% jump

autherAutocar Professional Bureau calendar11 May 2023

The corresponding operative revenues increased to Rs 4,063 crore during Q4FY23, a jump of 22.7% compared to Rs 3311 cr...

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CV industry volumes to grow 7-10% in FY24 : ICRA
CV industry volumes to grow 7-10% in FY24 : ICRA

autherAutocar Professional Bureau calendar11 May 2023

Overall, ICRA expects the credit profile of CV OEMs to improve steadily going forward due to improvements in profitab...

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Webasto opens second sunroof plant in India, to increase capacity to 950,000 by 2027
Webasto opens second sunroof plant in India, to increase capacity to 950,000 by 2027

By Ajit Dalvi & Autocar Pro News Desk calendar11 May 2023

Accelerating demand for sunroof-equipped cars and SUVs in India sees Webasto open new panoramic roof plant in Chennai;...

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Daimler Truck subsidiary plans autonomous trucking pilot in the US
Daimler Truck subsidiary plans autonomous trucking pilot in the US

autherAutocar Professional Bureau calendar11 May 2023

Torc and C.R. England will implement a pilot program leveraging C.R. England’s temperature-controlled loads and Torc’s...

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Geely and Changan in strategic alliance for drivetrains, platforms, tech
Geely and Changan in strategic alliance for drivetrains, platforms, tech

autherAutocar Professional Bureau calendar11 May 2023

The two Chinese giants plan to explore opportunities in new energy technologies, vehicle intelligence, new energy powe...

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Skoda IC engine knowhow to power 50 models across seven Volkswagen Group brands
Skoda IC engine knowhow to power 50 models across seven Volkswagen Group brands

autherAutocar Professional Bureau calendar11 May 2023

Skoda given responsibility for next generation of internal combustion engines (ICE) across the VW Group; new EA 211 se...

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MOST READ

POLL OF THE MONTH

Will Legacy Players Be Able to Squeeze Out Startups from India's Electric 2-Wheeler Market?

Will Legacy Players Be Able to Squeeze Out Startups from India's Electric 2-Wheeler Market?

Yes

 

71.08%

No

 

28.92%

Total Votes : 166