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Tata Motors increases capex by 25% to Rs 38,000 crore in FY24, hopes for market outperformance

Tata Motors increases capex by 25% to Rs 38,000 crore in FY24, hopes for market outperformance

Ketan Thakkar, Shahkar Abidi and Shruti Mishra     calendar12 May 2023

In FY23, the business recorded an all-time high revenue of Rs 3.46 lakh crore with an EBITDA of Rs 37,000 crore and a profit before tax of Rs 1,500 crore.

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Volvo Trucks discontinues the acquisition of heavy-duty truck manufacturing operation in China News
Volvo Trucks discontinues the acquisition of heavy-duty truck manufacturing operation in China

autherAutocar Professional Bureau calendar12 May 2023

Volvo Trucks will continue to export trucks to customers in China.

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TVS Motors delivers 100 iQubes in Chennai News
TVS Motors delivers 100 iQubes in Chennai

autherAutocar Professional Bureau calendar12 May 2023

Currently, the scooter is available in 140 cities across India.

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Hero MotoCorp partners with Motosport as its exclusive distributor in Costa Rica News
Hero MotoCorp partners with Motosport as its exclusive distributor in Costa Rica

autherAutocar Professional Bureau calendar12 May 2023

The phase-wise expansion plan has begun with the inauguration of the first Exclusive Hero MotoCorp Store in the Uruca....

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India to get 3 ports for green hydrogen storage by 2030 News
India to get 3 ports for green hydrogen storage by 2030

By Amit Vijay M calendar12 May 2023

The three key hydrogen storage hubs identified are Paradip Port in the east, Deendayal Port in Kandla, and V. O. Chida...

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Castrol adds range of premium Auto Care products to its portfolio News
Castrol adds range of premium Auto Care products to its portfolio

autherAutocar Professional Bureau calendar12 May 2023

The new range of products include, Castrol Chain Cleaner, Castrol Chain Lube, Castrol 3-in- 1 Shiner, Castrol 1-Step P...

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Tata Motors rolls out 200,000th Punch 20 months after launch Analysis Report
Tata Motors rolls out 200,000th Punch 20 months after launch

By Ajit Dalvi calendar12 May 2023

Launched on October 18, 2021, the compact SUV has punched above its weight and has become Tata Motors’ second best-sel...

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Central Consumer Protection Authority orders 5 e-commerce giants to stop selling seat belt alarm stopper clips News
Central Consumer Protection Authority orders 5 e-commerce giants to stop selling seat belt alarm stopper clips

autherAutocar Professional Bureau calendar12 May 2023

Nidhi Khare, Chief Commissioner, CCPA has passed orders against e-commerce majors — Amazon, Flipkart, Snapdeal, Shopcl...

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Central Consumer Protection Authority orders 5 e-commerce giants to stop selling seat belt alarm stopper clips News
Central Consumer Protection Authority orders 5 e-commerce giants to stop selling seat belt alarm stopper clips

autherAutocar Professional Bureau calendar12 May 2023

Nidhi Khare, Chief Commissioner, CCPA has passed orders against e-commerce majors — Amazon, Flipkart, Snapdeal, Shopcl...

READ MORE Read More
Central Consumer Protection Authority orders 5 e-commerce giants to stop selling seat belt alarm stopper clips News
Central Consumer Protection Authority orders 5 e-commerce giants to stop selling seat belt alarm stopper clips

autherAutocar Professional Bureau calendar12 May 2023

Nidhi Khare, Chief Commissioner, CCPA has passed orders against e-commerce majors — Amazon, Flipkart, Snapdeal, Shopcl...

READ MORE Read More

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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

 

64.06%

No

 

35.94%

Total Votes : 679