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Popular Vehicles sales dip, but revenue jumps on premium push

Popular Vehicles sales dip, but revenue jumps on premium push

autherAutocar Professional Bureau     calendar29 May 2024

Philip noted that going forward, growth will be driven by sales of premium vehicles and electric vehicles.

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Fiem Industries earmarks capex of Rs 250–300 crore for three years
Fiem Industries earmarks capex of Rs 250–300 crore for three years

By Shahkar Abidi calendar29 May 2024

The company had a capex of Rs 85.86 crore in FY24.

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Samvardhana Motherson's FY24 profit jumps 82% YoY, Q4 profit up 110%
Samvardhana Motherson's FY24 profit jumps 82% YoY, Q4 profit up 110%

By Kiran Murali calendar29 May 2024

The auto component maker reported a consolidated net profit of Rs 2,716 crore for FY24, while its fourth-quarter net p...

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Vinfast VF 8 dominates ASEAN NCAP Grand Prix Awards
Vinfast VF 8 dominates ASEAN NCAP Grand Prix Awards

autherAutocar Professional Bureau calendar29 May 2024

The VF 8 was honored with five awards at the ASEAN NCAP Grand Prix Awards, which include Best Child Occupant Protectio...

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Varanasi, Detroit, and Venice chosen to host global challenges in Toyota Mobility Foundation’s USD 9 million Sustainable Cities Challenge
Varanasi, Detroit, and Venice chosen to host global challenges in Toyota Mobility Foundation’s USD 9 million Sustainable Cities Challenge

autherAutocar Professional Bureau calendar29 May 2024

Over 150 cities from 46 countries entered the Challenge after the call to cities was first launched in June 2023.

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Lectrix EV to supply 500 EVs to Jumppers for its green fleet
Lectrix EV to supply 500 EVs to Jumppers for its green fleet

autherAutocar Professional Bureau calendar29 May 2024

Lectrix EV will also provide a cutting-edge battery swapping infrastructure to augment Jumppers' logistics operations....

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Euler Motors closes Series C Funding, raises Rs 200 crore
Euler Motors closes Series C Funding, raises Rs 200 crore

autherAutocar Professional Bureau calendar29 May 2024

Euler Motors will utilise the fresh infusion of capital to scale its pan-India presence and servicing infrastructure a...

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M&M to invest Rs 5000 crore in Farm business till FY27
M&M to invest Rs 5000 crore in Farm business till FY27

By Ketan Thakkar calendar29 May 2024

The company spends about Rs 1000 crore annually on building products, adding capacity, and maintaining plants. An addi...

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MG Motor India and HPCL partner to enhance EV charging network
MG Motor India and HPCL partner to enhance EV charging network

autherAutocar Professional Bureau calendar29 May 2024

The collaboration focuses on providing convenience to EV users by increasing the availability of EV chargers during th...

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Mitsubishi Electric and Aisin to set up JV for EV components
Mitsubishi Electric and Aisin to set up JV for EV components

autherAutocar Professional Bureau calendar29 May 2024

The JV will develop, produce and sell traction motors, power converters and their control software, which will be opti...

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MOST READ

POLL OF THE MONTH

Will Legacy Players Be Able to Squeeze Out Startups from India's Electric 2-Wheeler Market?

Will Legacy Players Be Able to Squeeze Out Startups from India's Electric 2-Wheeler Market?

Yes

 

41.57%

No

 

58.43%

Total Votes : 575