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Tata Motors’ reports loss of Rs 9,864 crore for Q4 FY2020

autherAutocar Pro News Desk     calendar15 Jun 2020

For the financial year ended March 31, 2020, the company reported consolidated revenue of Rs 264,041 crore, compared to Rs 304,904 crore for the same period last year. On the other hand, Tata Motors’ managed to reduce its losses from Rs 28,...

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Autoliv elevates Kevin Fox to lead its Americas division News International
Autoliv elevates Kevin Fox to lead its Americas division

autherAutocar Pro News Desk calendar13 Jun 2020

Kevin Fox is currently serving as Autoliv’s Vice-President Brazil, where he has led the development and implementation...

M&M stops further investments in SsangYong, to shut Genze News National
M&M stops further investments in SsangYong, to shut Genze

By Shahkar Abidi & Sumantra B Barooah calendar12 Jun 2020

The company is said to be aggressively looking for an investor and has not ruled out completely exiting from its South...

Mahindra reports PAT of Rs 740 crore for FY2020, down 86% News National
Mahindra reports PAT of Rs 740 crore for FY2020, down 86%

autherAutocar Pro News Desk calendar12 Jun 2020

The company says the results were affected due to the lower industry volumes in both automotive and tractor segments, ...

OEMs in North America restart production, CY2020 output likely down 21%: LMC Automotive News International
OEMs in North America restart production, CY2020 output likely down 21%: LMC Automotive

autherAutocar Pro News Desk calendar11 Jun 2020

Pandemic-related shutdowns wiped out around 2.8 million units of planned production in H1; slower line speeds and redu...

India auto retail sales for May 2020 at 202,697 units, down 89% News National
India auto retail sales for May 2020 at 202,697 units, down 89%

autherAutocar Pro News Desk calendar11 Jun 2020

FADA says the dealership community faces its toughest years ever as volumes are estimated to half in a span of 20 mon...

Elgi Equipments launches new LD Series of air compressors News National
Elgi Equipments launches new LD Series of air compressors

autherAutocar Pro News Desk calendar11 Jun 2020

LD Series range of lubricated direct drive reciprocating air compressors have a low lifecycle cost and quick return on...

Four Indian teams the big winners in virtual Shell Eco-Marathon Asia contest News International
Four Indian teams the big winners in virtual Shell Eco-Marathon Asia contest

autherAutocar Pro News Desk calendar11 Jun 2020

The student teams from India have got a $3,000 (Rs 222,000) prize money each, by winning awards in four out of six cat...

Ford and Volkswagen to jointly develop CVs, EVs and AVs News International
Ford and Volkswagen to jointly develop CVs, EVs and AVs

autherAutocar Pro News Desk calendar10 Jun 2020

Will develop 3 CVs and produce up to a 8 million units; Ford to build new EV for Europe based on VW’s Modular Electric...

Nikola Motors stock zooms over 100% as BEV and fuel-cell pick-up named News International
Nikola Motors stock zooms over 100% as BEV and fuel-cell pick-up named

By Lawrence Allan, Autocar UK calendar10 Jun 2020

US firm sees its share price rises over 100% in a few days after stock market debut; names its fuel-cell and battery-e...