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Auto component industry’s revenues to grow by 5-7% in FY25: ICRA

autherAutocar Professional Bureau     calendar11 Jul 2024

According to ICRA's analysis, which is based on a sample of 46 auto ancillaries with aggregate annual revenues exceeding Rs 3,00,000 crore in FY2024, the industry is expected to see revenue growth ease to 5-7% in FY2025. This marks a signif...

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TVS Motor Company working on Jupiter CNG scooter, launch likely within a year

By Ketan Thakkar calendar11 Jul 2024

Autocar Professional exclusively learns that TVS Motor Company has been working on various alternate fuel technologies...

Tata Elxsi reports 2.5% YoY decline in Q1 net profit

By Kiran Murali and Radhika Dave calendar10 Jul 2024

Profits declined year-over-year due to a rise in the effective tax rate and a squeeze on operating margins. Total expe...

BMW Group registers 25% growth in EV sales globally in H1 2024

autherAutocar Professional Bureau calendar10 Jul 2024

BMW is bullish about potential of BEVs and upper-premium segment cars, including the BMW 7 Series which registered 22%...

Commercial vehicle sales volumes likely to degrow by 3-6% in FY25: CareEdge Ratings

autherAutocar Professional Bureau calendar10 Jul 2024

The muted growth in FY24 was mainly due to the high base of FY23, the transition to BS VI leading to higher vehicle co...

Skoda mulls local assembly of New Octavia in India

By Saptarshi Mondal, Autocar India calendar10 Jul 2024

“We are exploring the Octavia for India because this car must come back. This could exactly be up to Rs 30 lakh, where...

Overseas Uber trips show Indians travelling abroad like never before

autherAutocar Professional Bureau calendar10 Jul 2024

The number of Indians travelling abroad has seen a marked jump over the past two years.

Uber expands two-wheeler service to additional cities in Andhra Pradesh 

autherAutocar Professional Bureau calendar10 Jul 2024

With the launch of Uber Moto in Rajamundry and Nellore, Uber enhances its portfolio of transport options available to ...

TVS Apache RTR 160 Racing Edition priced at Rs 1.29 lakh

By Gavin Rodrigues, Autocar India calendar10 Jul 2024

The Apache RTR 160 is powered by a 159cc single-cylinder that produces 16.04hp at 8,750rpm and 13.85Nm at 7,000rpm.

Suzuki to discontinue sales of Jimny in Europe

By Akbar Merchant, Autocar India calendar10 Jul 2024

It is currently on sale in Europe as an N1 category vehicle.