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Apollo Tyres' FY24 net profit up 65%; Q4 profit down 14% YoY

Apollo Tyres' FY24 net profit up 65%; Q4 profit down 14% YoY

autherAutocar Professional Bureau     calendar14 May 2024

The tyre maker’s consolidated net profit for the full financial year came in at Rs 1,722 crore, while its profit for the quarter was Rs Rs 354 crore.

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Tata Motors sees recovery in small commercial vehicles after bottoming out
Tata Motors sees recovery in small commercial vehicles after bottoming out

By Shahkar Abidi and Ketan Thakkar calendar14 May 2024

"The transformation in (SCV) pickup is underway, and we should start seeing results as we go ahead," said Girish Wagh....

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Siemens Limited announces Capex of over Rs 1000 crore
Siemens Limited announces Capex of over Rs 1000 crore

autherAutocar Professional Bureau calendar14 May 2024

Siemens said in a satement that it is expanding its factory footprint in Goa to meet the rapidly increasing need for c...

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US announces 100% tariff on China-made electric vehicles: Report
US announces 100% tariff on China-made electric vehicles: Report

autherAutocar Professional Bureau calendar14 May 2024

The White House said it was placing more stringent curbs on Chinese goods worth $18bn, according to The Guardian. 

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Planet Electric claims industry-first weight sensor telematics system, gears up for June EV launch
Planet Electric claims industry-first weight sensor telematics system, gears up for June EV launch

By Shahkar Abidi calendar14 May 2024

The company will have weight sensors integrated within the vehicle's telematics system. This  technology promises real...

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Stellantis-Leapmotor announces global expansion, to enter India by Q4 of 2024
Stellantis-Leapmotor announces global expansion, to enter India by Q4 of 2024

By Ketan Thakkar calendar14 May 2024

The global CEO of Stellantis says the joint venture with Leapmotor will help the Group bring the latest EV technology ...

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Tata Motors' shares tumble on demand, JLR growth concerns
Tata Motors' shares tumble on demand, JLR growth concerns

By Kiran Murali calendar14 May 2024

Tata Motors’ share price, which doubled in 2023, fell as much as 9.5 percent in intraday trading on Monday.

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ARAI certifies Cooper Corp's diesel engines for CPCB IV+ regulation compliance
ARAI certifies Cooper Corp's diesel engines for CPCB IV+ regulation compliance

autherAutocar Professional Bureau calendar14 May 2024

The engines have been granted Type approval for compliance to CPCBIV+ emission norms, in accordance with the regulatio...

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CARS24 introduces SUV exclusive hubs in Bengaluru and Gurugram
CARS24 introduces SUV exclusive hubs in Bengaluru and Gurugram

autherAutocar Professional Bureau calendar14 May 2024

The hubs offer personalised financing solutions, special exchange offers, and transparent pricing, facilitating a seam...

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‘OEMs are transforming into Software Organisations’: Tata Technologies' Sandeep Terwad
‘OEMs are transforming into Software Organisations’: Tata Technologies' Sandeep Terwad

By Radhika Dave calendar14 May 2024

ADAS will evolve into a more affordable and indispensable component of vehicles across the spectrum. Level 3 shall bec...

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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

 

64.01%

No

 

35.99%

Total Votes : 728