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Renault and Geely to set up new global company for next-gen powertrains

autherAutocar Professional Bureau     calendar08 Nov 2022

Zhejiang Aurobay Powertrain Co, the powertrain business formerly owned by Volvo Cars, set to become part of a new global company specialising in hybrid and low-emission powertrains formed by Renault and Geely

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Volvo Cars divests its stake in engine maker Aurobay to Geely

autherAutocar Professional Bureau calendar08 Nov 2022

Volvo Cars becomes first car manufacturer to fully exit its participation in the development and manufacturing of IC e...

Spanish EV maker Urbet to reveal maxi-scooter Gran Via at EICMA

By Ajit Dalvi calendar08 Nov 2022

Urbet, which is already present in Spain, Germany, Portugal and the UAE, to use EICMA as a platform to target new Euro...

CEAT Q2 profit down 85 percent at Rs 6.4 crore, company expects a better second half

autherAutocar Professional Bureau calendar07 Nov 2022

The company's revenue however posted an 18 percent growth led by volume growth, regular price increases and the new PV...

Tube Investment posts 20 percent growth in net profit with Rs 277 crore for Q2FY23

By Shahkar Abidi calendar07 Nov 2022

With the Engineering, Metal Forming Products and Industrial chains division performing well in the domestic market, th...

Emission norms for farm equipment set to get another extension; Likely to be implemented from Jan 2023

By Shruti Mishra calendar07 Nov 2022

The current deferment was considered post the request from combined harvester manufacturers from Punjab.

Tata Motors first Indian carmaker to roll out 50,000th EV

By Ajit Dalvi calendar07 Nov 2022

Proactive government policies, positive word of mouth from existing customers, product options and attractive cost of ...

Mahindra Racing appoints Frederic Bertrand as CEO

autherAutocar Professional Bureau calendar07 Nov 2022

Frederic Bertrand joins Mahindra Racing from the FIA where he was Director of Formula E and Innovative Sport Projects....

GreenCell to raise $55 million from ADB, AIIB and CTF

autherAutocar Professional Bureau calendar07 Nov 2022

Also receives a $5.2 million grant from Goldman Sachs and Bloomberg for safer e-buses in India.

Taxi union requests Mumbai police to postpone rear seat belt rule till year-end

By Shahkar Abidi calendar07 Nov 2022

The union says more time is needed as many taxi operators need to reaffix the seat belts to their vehicles and seat be...