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Automotive sector to register moderate growth over near to medium term, says ICRA 

Automotive sector to register moderate growth over near to medium term, says ICRA 

autherAutocar Professional Bureau     calendar31 Oct 2023

Supporting underlying factors such as rising per capita incomes, demographic profile, low vehicle penetration, favourable policy environment, amongst others are expected to help grow the industry demand at a steady pace.

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Honda imparts driver, rider training to over 7,000 people at IDTR Karnal News International
Honda imparts driver, rider training to over 7,000 people at IDTR Karnal

By Mayank Dhingra calendar31 Oct 2023

The Japanese automaker has invested Rs 34 crore in setting up the state-of-the-art driver/rider training centre in Har...

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Autoliv to reduce workforce by 320 personnel in France News International
Autoliv to reduce workforce by 320 personnel in France

autherAutocar Professional Bureau calendar31 Oct 2023

Autoliv says the move is aimed to strengthen its competitive position long-term, adapting it to a substantially lower ...

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Will continue to invest in Norton for next 8 quarters, confident of the brand delivering profits - TVS Motor CEO News
Will continue to invest in Norton for next 8 quarters, confident of the brand delivering profits - TVS Motor CEO

By Ketan Thakkar and Shruti Mishra calendar30 Oct 2023

The company is aiming to build the TVS brand globally.

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Tata Motors awarded Rs 765.78 crore compensation after 15-year hiatus from Singur plant closure News
Tata Motors awarded Rs 765.78 crore compensation after 15-year hiatus from Singur plant closure

autherAutocar Professional Bureau calendar30 Oct 2023

The issue relates to the facility Tata Motors was setting up for its small car 'Nano' in Singur.

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TVS Motor Q2 net profit up 32% at Rs 537 crore News
TVS Motor Q2 net profit up 32% at Rs 537 crore

autherAutocar Professional Bureau calendar30 Oct 2023

The total two-wheeler sales of the company for the half-year ended September 2023 grew by 6 percent.

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JBM's consolidated net profit jumps 9.6% during Q2FY24 News
JBM's consolidated net profit jumps 9.6% during Q2FY24

autherAutocar Professional Bureau calendar30 Oct 2023

The bus maker is planning to deploy 5,000 electric buses across the country by the end of the next financial year, 202...

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KPIT raises its constant currency revenue growth outlook for FY24 to over 37%  News
KPIT raises its constant currency revenue growth outlook for FY24 to over 37% 

By Shahkar Abidi calendar30 Oct 2023

The EBITDA outlook has increased to more than 20%.

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Bharat Benz partners with iQuippo to offer digitalised solutions to pre-owned CV customers News
Bharat Benz partners with iQuippo to offer digitalised solutions to pre-owned CV customers

autherAutocar Professional Bureau calendar30 Oct 2023

Through this partnership BharatBenz is looking at harnessing iQuippo's physical and digital expertise ensuring custome...

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Honeywell announces EV industry safety solutions portfolio for India market News National
Honeywell announces EV industry safety solutions portfolio for India market

autherAutocar Professional Bureau calendar30 Oct 2023

From manufacturing operations through to driving electric vehicles, Honeywell is using its technologies and expertise ...

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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

 

65.17%

No

 

34.83%

Total Votes : 916