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ICRA revises FY2024 outlook for toll roads to stable from positive

autherAutocar Professional Bureau     calendar14 Feb 2023

The strong growth in toll collections in FY2023 was driven by a healthy toll rate increase on the back of high inflation and improved economic activity.

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Skoda Auto Volkswagen India installs 18.5 MW solar rooftop at Chakan plant News National
Skoda Auto Volkswagen India installs 18.5 MW solar rooftop at Chakan plant

autherAutocar Professional Bureau calendar14 Feb 2023

Solar-power rooftop installation to generate 26.6 million kWh of energy per year, covering up to 30% of the Chakan pla...

Hyundai Mobis wins global business worth $4.7 billion in 2022, targets $5.4 billion this year News International
Hyundai Mobis wins global business worth $4.7 billion in 2022, targets $5.4 billion this year

autherAutocar Professional Bureau calendar14 Feb 2023

The sharp increase in global business is due to large-scale orders for advanced driver assistance systems (ADAS) integ...

Piaggio to sell made-in-India Apé Electrik three-wheelers in the Philippines News International
Piaggio to sell made-in-India Apé Electrik three-wheelers in the Philippines

autherAutocar Professional Bureau calendar14 Feb 2023

The Apé E-City and Apé E-xtra, which are manufactured in PVPL’s plant in Baramati, Maharashtra, will be exported to th...

Piaggio to sell made-in-India Apé Electrik three-wheelers in the Philippines News International
Piaggio to sell made-in-India Apé Electrik three-wheelers in the Philippines

autherAutocar Professional Bureau calendar14 Feb 2023

The Apé E-City and Apé E-xtra, which are manufactured in PVPL’s plant in Baramati, Maharashtra, will be exported to th...

Marelli high-performance e-motors power Maserati’s first full-electric car News International
Marelli high-performance e-motors power Maserati’s first full-electric car

autherAutocar Professional Bureau calendar14 Feb 2023

Marelli has developed and produced in-house the three e-motors that equip the first full-electric Maserati in a two-ye...

Mahindra XUV300 turns four, sells over 185,000 units since launch Analysis Sales
Mahindra XUV300 turns four, sells over 185,000 units since launch

By Ajit Dalvi calendar14 Feb 2023

Launched on February 14, 2019, the compact SUV continues to see strong demand and has helped Mahindra & Mahindra incre...

Castrol India reports flat net profit as high forex and volatility in crude prices keeps company on toes News
Castrol India reports flat net profit as high forex and volatility in crude prices keeps company on toes

autherAutocar Professional Bureau calendar14 Feb 2023

The company's sales for Q4 CY22 were reported to be Rs 1176 crores, which was 8 percent more than what it made in Q4 C...

Shell introduces Helix HX8 0W20 engine oil for turbo-GDI engines News
Shell introduces Helix HX8 0W20 engine oil for turbo-GDI engines

autherAutocar Professional Bureau calendar14 Feb 2023

New engine oil grade is specifically designed to offer protection against low-speed pre-ignition damage and enable hig...