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ICRA pegs domestic tyre demand growth at 6-8% for FY24, supported by stable growth in replacement segment

autherAutocar Professional Bureau     calendar27 Apr 2023

Replacement demand, which forms around two-thirds of tyre demand, is likely to witness mid-single-digit growth in FY224, as per the credit rating agency.

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Autoliv to set up airbag cushion plant in Vietnam News International
Autoliv to set up airbag cushion plant in Vietnam

autherAutocar Professional Bureau calendar27 Apr 2023

The investment in a state-of-the-art cushion and fabric plant is intended to meet expanded future airbag production ne...

KPIT Technologies expects to grow by 27–30% in FY24 on back of robust business visibility for next 3-5 years News
KPIT Technologies expects to grow by 27–30% in FY24 on back of robust business visibility for next 3-5 years

By Shahkar Abidi calendar27 Apr 2023

During Q4FY23, KPIT Technologies reported a net profit of Rs 111.6 crore, a 41.5% increase YoY from the corresponding ...

Hyundai Motor Group and SK On to set up EV battery cell plant in the US News International
Hyundai Motor Group and SK On to set up EV battery cell plant in the US

autherAutocar Professional Bureau calendar27 Apr 2023

The new plant, in Georgia, is expected to start operations in the second half of 2025 with a production capacity of 35...

Infineon-Schweitzer develop chip embedding solution to increase EV range, cut system cost News International
Infineon-Schweitzer develop chip embedding solution to increase EV range, cut system cost

autherAutocar Professional Bureau calendar27 Apr 2023

With Schweitzer's p²Pack solution for embedding power semiconductors into PCBs, 48V MOSFETs are integrated into PCBs, ...

DriveU partners with MyGate to cater to the needs of car owners of 25,000 societies pan India News
DriveU partners with MyGate to cater to the needs of car owners of 25,000 societies pan India

autherAutocar Professional Bureau calendar26 Apr 2023

The integration of DriveU and MyGate will initially roll out in Bengaluru and Hyderabad. It will then scale to other m...

Cummins signs definitive agreement with Tata Motors for low- to zero-emissions technologies for mobility solutions News
Cummins signs definitive agreement with Tata Motors for low- to zero-emissions technologies for mobility solutions

autherAutocar Professional Bureau calendar26 Apr 2023

As a part of this agreement, Cummins and Tata Motors have set up a new business entity called TCPL Green Energy Soluti...

Skoda Auto Volkswagen India generates 3800+ pledges in line with the theme of Earth Day 2023 News
Skoda Auto Volkswagen India generates 3800+ pledges in line with the theme of Earth Day 2023

autherAutocar Professional Bureau calendar26 Apr 2023

Reiterating its commitment to promoting sustainable practices and reducing its carbon footprint, the company also rea...

Brakes India forays into lubricants with the all-new brand Revia News
Brakes India forays into lubricants with the all-new brand Revia

autherAutocar Professional Bureau calendar26 Apr 2023

Revia 15W40 CK4 engine oil is compliant with latest BS6 norms and caters to all new generation engines.

Uber expands ‘Reserve’ to six more cities in India, also opens up cash payment option for planned travel seekers News
Uber expands ‘Reserve’ to six more cities in India, also opens up cash payment option for planned travel seekers

autherAutocar Professional Bureau calendar26 Apr 2023

Uber Reserve provides the drivers an added option of accepting trips up to 7 days ahead - helping them lock in their e...