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Record quarterly volumes drives Mahindra & Mahindra Q3 net profit by 14% to Rs 1528 crore

Record quarterly volumes drives Mahindra & Mahindra Q3 net profit by 14% to Rs 1528 crore

autherAutocar Professional Bureau     calendar10 Feb 2023

M&M claims it remains the number 1 SUV maker in terms of revenues and the open bookings at the company stood at 2.66 lakh units led by sustained demand. The newly launched XUV 400 has garnered over 15000 bookings within 13 days.

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Rane Brake Lining Q3 revenue registers 12.7% growth
Rane Brake Lining Q3 revenue registers 12.7% growth

autherAutocar Professional Bureau calendar10 Feb 2023

Tier-1 supplier of brake linings and disc pads saw its nine-month turnover scale by 22.1 percent owing to increased cu...

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M&M to manufacture EVs at Zaheerabad plant, inks MoU with Telangana government
M&M to manufacture EVs at Zaheerabad plant, inks MoU with Telangana government

autherAutocar Professional Bureau calendar10 Feb 2023

Signs MoU with Telangana government to expand its existing manufacturing facilities at the Zaheerabad plant; Rs 1,000 ...

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BorgWarner to supply German carmaker with high-voltage battery cooling plates
BorgWarner to supply German carmaker with high-voltage battery cooling plates

autherAutocar Professional Bureau calendar10 Feb 2023

BorgWarner inter-cell cooling plates optimise EV battery performance; modular system provides flexibility for multiple...

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Heavily refreshed Tata Nexon snapped testing
Heavily refreshed Tata Nexon snapped testing

By Saptarshi Mondal, Autocar India calendar10 Feb 2023

The Nexon facelift could also receive the newer and more powerful turbo-petrol motor from the Tata Altroz Racer.

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Mahindra Racing readies to race in India at Greenko Hyderabad E-Prix
Mahindra Racing readies to race in India at Greenko Hyderabad E-Prix

autherAutocar Professional Bureau calendar10 Feb 2023

After eight years of racing around the world in the ABB FIA Formula E World Championship, Mahindra Racing to race for ...

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‘India a strategic base to build exports to Middle East and South Asia for Skoda’: MD Piyush Arora
‘India a strategic base to build exports to Middle East and South Asia for Skoda’: MD Piyush Arora

By Ketan Thakkar calendar09 Feb 2023

20 new model actions and improved supplies to help Skoda Auto Volkswagen sustain growth.

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Uno Minda to acquire complete stake in Minda Kosei Aluminium Wheels
Uno Minda to acquire complete stake in Minda Kosei Aluminium Wheels

autherAutocar Professional Bureau calendar09 Feb 2023

The Tier-1 major will acquire 22.64 percent share from Japanese JV partner Kosei to make the alloy-wheel manufacturing...

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Greaves Cotton to purchase Excel Controlinkage for Rs 385 crore
Greaves Cotton to purchase Excel Controlinkage for Rs 385 crore

autherAutocar Professional Bureau calendar09 Feb 2023

Greaves Cotton reported a net profit of Rs. 6.43 crore during Q3FY23, compared to a net loss of Rs. 6.24 crore during ...

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Metzeler to be official tyre supplier for FIM Supermoto World and European Championship
Metzeler to be official tyre supplier for FIM Supermoto World and European Championship

autherAutocar Professional Bureau calendar09 Feb 2023

Metzeler will be the sole supplier for the world's top S1GP series and the European S4 series, as well as the Supermo...

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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

 

65.21%

No

 

34.79%

Total Votes : 917