TOP STORY

Budget 2024: It’s status quo for major schemes in auto sector

By Kiran Murali 23 Jul 2024

Budget allocations have remained unchanged for major automobile sector schemes such as PLI for automobiles and compone...

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Apollo Tyres awarded for Sustainable Excellence by EcoVadis

Autocar Professional Bureau 23 Jul 2024

Apollo Tyres has significantly reached to the 92nd percentile, up from the 82nd percentile the previous year. Major im...

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Bosch to acquire light commercial HVAC business from Johnson Controls and Hitachi for USD 8 billion

Autocar Professional Bureau 23 Jul 2024

The transaction includes 16 manufacturing sites and 12 engineering locations in more than 30 countries.

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Budget 2024: Allocation for roads reassures construction equipment makers, but stocks correct

By Shahkar Abidi 23 Jul 2024

Union Budget kept the allocation for Ministry of Road Transport and Highways' allocation largely unchanged. However, s...

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Some good, some bad news for EVs in Budget 2024

By Amit Vijay M 23 Jul 2024

While EV batteries are set to get cheaper due to a reduction in custom duties on key minerals, industry participants w...

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Budget 2024: Rural development push can boost auto sales

By Kiran Murali 23 Jul 2024

In the budget speech, Finance Minister Nirmala Sitharaman said a provision of Rs 2.66 lakh crore has been made for rur...

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Auto dealers applaud rural, aam aadmi focus of Union Budget 2024

Autocar Professional Bureau 23 Jul 2024

Automobile retailers have reacted positively to the Union Budget, adding that the renewed focus on the aam aadmi and t...

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Nidec executes MoU with Tata Elxsi

Autocar Professional Bureau 23 Jul 2024

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Jaguar TCS Racing to use Google Cloud AI to further optimise FIA Formula E performance

Autocar Professional Bureau 23 Jul 2024

From the moment the Jaguar I-Type 6 race car enters the pit garage, the winner of the 2024 ABB FIA Formula E Teams’ Wo...

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