TOP STORY

India’s luxury car market could likely double to over 80,000 units by 2030

India’s luxury car market could likely double to over 80,000 units by 2030

autherAutocar Professional Bureau     calendar10 Aug 2023

Santosh Iyer, managing director of Mercedes-Benz India, says the luxury car market will grow in double digits and outpace the mainstream market.

LATEST

Uno Minda Q1 PAT up 24% at Rs 173 crore
Uno Minda Q1 PAT up 24% at Rs 173 crore

autherAutocar Professional Bureau calendar09 Aug 2023

At a consolidated level, the company reported revenue of Rs 3,093 crore in the last quarter as against Rs 2,555 crore ...

READ MORE Read More
Jaguar Land Rover India nearly doubles its net profit to Rs 267 crore in FY23
Jaguar Land Rover India nearly doubles its net profit to Rs 267 crore in FY23

By Shahkar Abidi calendar09 Aug 2023

In FY23, Jaguar Land Rover India sold 2,449 units, compared to 2,173 in FY22.

READ MORE Read More
LOHUM and Vecmocon partner to accelerate EV battery adoption and enable easy financing
LOHUM and Vecmocon partner to accelerate EV battery adoption and enable easy financing

autherAutocar Professional Bureau calendar09 Aug 2023

Through a combined offering of an AI-powered battery management system (BMS), and vehicle intelligence module, Vecmoco...

READ MORE Read More
Emitec eyes 30% growth in India, despite the EV shift
Emitec eyes 30% growth in India, despite the EV shift

By Shahkar Abidi calendar09 Aug 2023

It is also considering India as a potential export hub for its new products, which include electrically heated catalys...

READ MORE Read More
Varroc reports Rs 55 crore net profit during Q1FY24 on strong demand and Government subsidies
Varroc reports Rs 55 crore net profit during Q1FY24 on strong demand and Government subsidies

autherAutocar Professional Bureau calendar09 Aug 2023

The company's revenues grew by 10% to Rs 1792.5 crore  during Q1 FY24 as against the corresponding period last year. 

READ MORE Read More
Eicher and Amazon collaborate to deploy 1000 electric trucks in the next five years for last mile deliveries
Eicher and Amazon collaborate to deploy 1000 electric trucks in the next five years for last mile deliveries

autherAutocar Professional Bureau calendar09 Aug 2023

As a first step in the collaboration, Amazon will progressively deploy 50 Eicher electric trucks in major hubs like De...

READ MORE Read More
Swaraj Tractors unveils Swaraj 8200 Wheel Harvester
Swaraj Tractors unveils Swaraj 8200 Wheel Harvester

autherAutocar Professional Bureau calendar09 Aug 2023

The new wheel harvester comes with an intelligent system, offers real-time information to machine owners, including li...

READ MORE Read More
FADA requests Nitin Gadkari to reduce GST from 28% to 18% on entry level two-wheelers
FADA requests Nitin Gadkari to reduce GST from 28% to 18% on entry level two-wheelers

autherAutocar Professional Bureau calendar09 Aug 2023

While several categories within the auto sector have displayed commendable recovery post the Covid-19 pandemic, the en...

READ MORE Read More
Bharat Forge Q1 profit up 34% at Rs 214 crore
Bharat Forge Q1 profit up 34% at Rs 214 crore

autherAutocar Professional Bureau calendar09 Aug 2023

In Q1 FY24, the company also bagged cumulative orders worth Rs 277.8 crore in defence from multiple customers and prod...

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

 

64.21%

No

 

35.79%

Total Votes : 760