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JLR sets up a Value Optimisation office to accelerate targets for FY25 and FY26

JLR sets up a Value Optimisation office to accelerate targets for FY25 and FY26

Ketan Thakkar and Kiran Murali     calendar19 Jun 2024

The company has set itself a target of attaining 30 billion pounds in revenues with an operating margin of 8.5%, with a plan to achieve 10% EBIT in FY26.

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Volvo CE India eyes increased profitability on back of mass production of larger machines News
Volvo CE India eyes increased profitability on back of mass production of larger machines

By Shahkar Abidi calendar19 Jun 2024

"I'm sure we will see much more profits ahead when we go into the mass market with bigger machines and more volumes of...

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Jaguar Land Rover to revive Freelander as EV in China News
Jaguar Land Rover to revive Freelander as EV in China

By Kiran Murali calendar19 Jun 2024

The luxury car brand is reviving its Freelander model in an electric avatar in China through a licensing agreement wit...

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Tata Motors to increase CV prices from July 1 in third hike this year News National
Tata Motors to increase CV prices from July 1 in third hike this year

By Ajit Dalvi calendar19 Jun 2024

Cumulative January 1, April 1 and July 1 price hikes see Tata Motors’ range of commercial vehicles getting costlier by...

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Volvo CE India to increase revenue share from services business to 33% News
Volvo CE India to increase revenue share from services business to 33%

By Shahkar Abidi calendar19 Jun 2024

Dimitrov Krishnan, Managing Director of Volvo CE India, said, "We would like to grow and make it one-third from just a...

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JLR expects modest revenue growth in FY25, sets long-term target of £38 billion in sales News
JLR expects modest revenue growth in FY25, sets long-term target of £38 billion in sales

By Kiran Murali calendar19 Jun 2024

Jaguar Land Rover also aims to improve its EBIT margin to 10 percent in the financial year 2026 and expand it further ...

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All SUVs tested by Bharat NCAP so far News
All SUVs tested by Bharat NCAP so far

By Sahil Kukreja, Autocar India calendar19 Jun 2024

Since its inception on October 1, 2023, BNCAP has tested four vehicles, primarily SUVs.

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DriveX expands South India presence with new stores in Karnataka and Tamil Nadu News
DriveX expands South India presence with new stores in Karnataka and Tamil Nadu

autherAutocar Professional Bureau calendar19 Jun 2024

These state-of-the-art facilities are strategically located to ensure a seamless customer experience.

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DriveX expands South India presence with new stores in Karnataka and Tamil Nadu News
DriveX expands South India presence with new stores in Karnataka and Tamil Nadu

autherAutocar Professional Bureau calendar19 Jun 2024

These state-of-the-art facilities are strategically located to ensure a seamless customer experience.

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Battery makers poised for 10-11% revenue growth in FY25, says CRISIL Ratings  News
Battery makers poised for 10-11% revenue growth in FY25, says CRISIL Ratings 

autherAutocar Professional Bureau calendar19 Jun 2024

Despite the cyclical nature of the automotive sector, which accounts for around 55% of the sector's revenue, battery m...

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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

 

64.93%

No

 

35.07%

Total Votes : 921