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It’s not all over yet for ICE component makers: Mahle

ShahkarAbidi & Ketan Thakkar     calendar02 Feb 2023

Amidst rising EV sales, Mahle expects India to serve global internal combustion needs while keeping an eye on opportunities in e-mobility sector.

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Sundram Fasteners reports Rs 106.13 crore profit in Q3 News
Sundram Fasteners reports Rs 106.13 crore profit in Q3

autherAutocar Professional Bureau calendar02 Feb 2023

Company’s domestic sales for the quarter ended December 31, 2022 were at Rs. 813.38 crores as against Rs. 658.37 crore...

TVS Motor targets sale of 100,000 iQubes in FY2023, plots series of new EVs by mid-2024 Analysis Sales
TVS Motor targets sale of 100,000 iQubes in FY2023, plots series of new EVs by mid-2024

By Ajit Dalvi calendar02 Feb 2023

With sales nearly doubling quarter on quarter in the ongoing fiscal year, TVS is bullish on demand for its zero-emissi...

TVS Motor targets sale of 100,000 iQubes in FY2023, plots series of new EVs by mid-2024 Analysis Sales
TVS Motor targets sale of 100,000 iQubes in FY2023, plots series of new EVs by mid-2024

By Ajit Dalvi calendar02 Feb 2023

With sales nearly doubling quarter on quarter in the ongoing fiscal year, TVS is bullish on demand for its zero-emissi...

Growth-oriented Budget to be demand accelerator for India Auto Inc News National
Growth-oriented Budget to be demand accelerator for India Auto Inc

By Mayank Dhingra calendar02 Feb 2023

Demand-side measures with lowered direct taxes, infrastructure push and support to start-ups and MSMEs augur well to s...

India’s Top 6 carmakers start 2023 with strong sales in January Analysis Sales
India’s Top 6 carmakers start 2023 with strong sales in January

By Ajit Dalvi calendar02 Feb 2023

The top six players – Maruti Suzuki, Hyundai Motor India, Tata Motors, Mahindra & Mahindra, Kia India and Toyota Kirlo...

Capex on infrastructure increased by 33 percent to Rs 10 lakh crore for FY23-24 in Budget 2023 News
Capex on infrastructure increased by 33 percent to Rs 10 lakh crore for FY23-24 in Budget 2023

By Shahkar Abidi calendar01 Feb 2023

An investment of Rs 75,000 crore, including Rs 15,000 crore from private sources is on the cards for select infra proj...

E-mobility sector largely cheerful with government's focus on green growth in Budget 2023-24 News
E-mobility sector largely cheerful with government's focus on green growth in Budget 2023-24

By Amit Vijay M calendar01 Feb 2023

Indirect taxes, taxes on compressed biogas down, Rs 19,700 crore allocated for Green Hydrogen Mission, five million to...

E-mobility sector largely cheerful with government's focus on green growth in Budget 2023-24 News
E-mobility sector largely cheerful with government's focus on green growth in Budget 2023-24

By Amit Vijay M calendar01 Feb 2023

Indirect taxes, taxes on compressed biogas down, Rs 19,700 crore allocated for Green Hydrogen Mission, five million to...

Hyundai Motor India surpasses 50,000 sales for the second time this fiscal in January News National
Hyundai Motor India surpasses 50,000 sales for the second time this fiscal in January

By Ajit Dalvi calendar01 Feb 2023

Ongoing fiscal saw the company surpass the 50,000-unit monthly sales mark in July 2022; set to drive past the half-a-m...