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LANXESS reports 17% growth in sales in FY2023, expects uptick in FY2024

LANXESS reports 17% growth in sales in FY2023, expects uptick in FY2024

autherAutocar Professional Bureau     calendar26 Mar 2024

In 2023, LANXESS reduced its net debt from EUR 3.814 billion to EUR 2.498 billion. For year 2024, LANXESS expects EBITDA pre exceptionals to be moderately higher than the 2023.

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Sonalika launches Sikander DLX DI 60 Torque Plus multi-speed tractor at Rs 8,49,999 News
Sonalika launches Sikander DLX DI 60 Torque Plus multi-speed tractor at Rs 8,49,999

autherAutocar Professional Bureau calendar26 Mar 2024

The company has made the product available at one price across the country.

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Daimler India CEO expects 10-55 tonne CV market to cross half-million mark by 2030 News
Daimler India CEO expects 10-55 tonne CV market to cross half-million mark by 2030

By Shahkar Abidi and Ketan Thakkar calendar26 Mar 2024

Arya anticipates the truck segment to reach 450,000 units by 2030, a significant increase from the estimated 330,000–3...

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Prawaas 4.0 to be held from August 29-31 at BIEC News
Prawaas 4.0 to be held from August 29-31 at BIEC

autherAutocar Professional Bureau calendar26 Mar 2024

The event is expected to bring together over 100+ expert speakers, 200+ exhibitors, 1500+ industry delegates, and 6000...

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Daimler India Commercial Vehicles posts record year in 2023, sales and revenue see over 20% growth News
Daimler India Commercial Vehicles posts record year in 2023, sales and revenue see over 20% growth

By Ketan Thakkar and Shahkar Abidi   calendar26 Mar 2024

The company expects the light to heavy-duty market to remain flat in 2024 due to the upcoming general elections and gl...

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Nissan Motor India to build portfolio of 4 cars, expects equal share from domestic market, exports News
Nissan Motor India to build portfolio of 4 cars, expects equal share from domestic market, exports

By Ketan Thakkar calendar26 Mar 2024

So far, about 64% of its total output has been shipped to the overseas market, with just one model- Magnite, being sol...

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Ashok Leyland declares interim dividend of Rs 4.95 per share, record date fixed for 3 April News
Ashok Leyland declares interim dividend of Rs 4.95 per share, record date fixed for 3 April

autherAutocar Professional Bureau calendar26 Mar 2024

The interim dividend will be paid on or before 23 April, 2024. 

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Tech Talk: How sodium-ion batteries could slash the price of EVs Feature
Tech Talk: How sodium-ion batteries could slash the price of EVs

By Jesse Crosse, Autocar UK calendar26 Mar 2024

The replacement for lithium-ion batteries is more sustainable, provides greater energy density, and is much cheaper to...

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Hyundai Motor Group co−hosts Korea-Africa Business Forum to foster partnerships for sustainable development News International
Hyundai Motor Group co−hosts Korea-Africa Business Forum to foster partnerships for sustainable development

autherAutocar Professional Bureau calendar26 Mar 2024

Participants discuss Korea-Africa private sector cooperation and action plans for energy transition, critical minerals...

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Kia appoints new senior chief designers as heads of Global Design Centres in Europe, China News International
Kia appoints new senior chief designers as heads of Global Design Centres in Europe, China

autherAutocar Professional Bureau calendar26 Mar 2024

While Oliver Samson has been appointed Head of Kia Design Center Europe, Seungmo Lim is the Head of Kia Design Center ...

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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

 

63.99%

No

 

36.01%

Total Votes : 722