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BYD plans to drop US$ 1-billion EV investment plan, informs India JV partner: Report

BYD plans to drop US$ 1-billion EV investment plan, informs India JV partner: Report

autherAutocar Professional Bureau     calendar28 Jul 2023

In the initial review, officials from three Indian ministries, including finance and external affairs, raised what two Indian officials described as security concerns about investment from the Chinese company and signalled opposition.

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Hero MotoCorp receives an overwhelming response for Harley-Davidson X440
Hero MotoCorp receives an overwhelming response for Harley-Davidson X440

autherAutocar Professional Bureau calendar28 Jul 2023

Niranjan Gupta, Chief Executive Officer, Hero MotoCorp said, “The volume so far has surpassed our expectations and we ...

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MG Motor and IONAGE collaborate to build EV infrastructure
MG Motor and IONAGE collaborate to build EV infrastructure

autherAutocar Professional Bureau calendar28 Jul 2023

In this collaboration, MG Motor will leverage IONAGE’s advanced e-mobility platform to provide seamless access to EV o...

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Exide Q1 net profit up 11% at Rs 224 crore
Exide Q1 net profit up 11% at Rs 224 crore

autherAutocar Professional Bureau calendar28 Jul 2023

The company’s revenue in Q1FY24 increased 5.6 percent to Rs 4,245.5 crore from Rs 4,021.7 crore in the same period yea...

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Motherson Sumi Wiring India Q1 profit drops 2% to Rs 123 crore in Q1 FY24
Motherson Sumi Wiring India Q1 profit drops 2% to Rs 123 crore in Q1 FY24

autherAutocar Professional Bureau calendar28 Jul 2023

Revenue growth was driven by increasing content per vehicle and a favourable product mix. The company also saw signifi...

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Audi Group revenue increases to Euro 34.2 billion in the first half of 2023
Audi Group revenue increases to Euro 34.2 billion in the first half of 2023

autherAutocar Professional Bureau calendar28 Jul 2023

“Audi has shown a strong financial performance in the first six months and is fully within the target corridor for ope...

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Skoda global sales up 20% to 432,000 units in first-half 2023
Skoda global sales up 20% to 432,000 units in first-half 2023

autherAutocar Professional Bureau calendar28 Jul 2023

Demand for the brand’s bestseller, the Octavia (+60.2%), as well as the all-electric Enyaq iV family (+41.0%), saw a s...

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Piaggio Group reports net profit of Euro 68 million for first half of 2023
Piaggio Group reports net profit of Euro 68 million for first half of 2023

autherAutocar Professional Bureau calendar28 Jul 2023

The company reported consolidated net sales, up 11.3% to 1,172 million euro, the best result ever reported for the fir...

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Sundram Fasteners Q1 profit down 7% at Rs 129cr
Sundram Fasteners Q1 profit down 7% at Rs 129cr

autherAutocar Professional Bureau calendar28 Jul 2023

The company's revenue from operations also dipped 2% in Q1 FY24 at Rs 1,215.65 crore.

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Hyundai and Kia introduce blockchain-based CO2 emission monitoring system for suppliers
Hyundai and Kia introduce blockchain-based CO2 emission monitoring system for suppliers

autherAutocar Professional Bureau calendar28 Jul 2023

New Supplier CO2 Emission Monitoring System (SCEMS) to help establish a sustainable supply chain; integration of AI an...

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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

 

64.26%

No

 

35.74%

Total Votes : 761