Autocar_Professional India Online News – Page 1204

Ducati sells 47,867 motorcycles globally in Q3 2023, down 4%

Ducati has closed the first three quarters of 2023 with 47,867 motorcycles delivered globally, recording a slight drop of 4 percent compared to the same period of 2022 (49,858). The deliveries in the main markets for the Bologna-based motorcycle manufacturer remained stable, recording a growth of 2 percent in Italy (8,474 units) and 2 percent… Continue reading Ducati sells 47,867 motorcycles globally in Q3 2023, down 4%

Ducati sells 47,867 motorcycles globally in Q3 2023, down 4%

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

Honda Motorcycle & Scooter India (HMSI), through the Japanese automaker’s CSR arm – Honda India Foundation – has trained over 7,000 people at its state-of-the-art driver- and rider-training facility in Karnal, Haryana. The Karnal Institute of Driving and Traffic Research (IDTR), which is a collaborative initiative between HMSI and the Haryana government, was set up… Continue reading Honda imparts driver, rider training to over 7,000 people at IDTR Karnal

Autoliv to reduce workforce by 320 personnel in France

Autoliv, the worldwide leader in automotive safety systems, has announced its intention to reduce its headcount in France as part of the previously announced initiatives to reduce its global headcount and to optimise its footprint. Autoliv states that it “continues to adapt and reduce its total workforce and to simplify its logistics and geographic footprint.… Continue reading Autoliv to reduce workforce by 320 personnel in France

Lamborghini turnover exceeds 2 billion euros in first nine months of 2023

Automobili Lamborghini’s first nine months of 2023 closed with excellent numbers, breaking records in terms of sales, turnover and profitability and setting historic milestones for the company. For the first time in the history of Lamborghini, turnover exceeded the 2 billion euros mark after nine months, a 5.2% year-on-year increase compared to the previous year.… Continue reading Lamborghini turnover exceeds 2 billion euros in first nine months of 2023

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

TVS Motor Company plans to continue investing in Norton – the UK based premium motorcycle brand it acquired in 2020 – for the next eight quarters as it seeks to redefine the product portfolio to pave the way for future growth. Speaking to analysts in the post Q2 earnings call, K N Radhakrishanan , CEO… Continue reading Will continue to invest in Norton for next 8 quarters, confident of the brand delivering profits – TVS Motor CEO

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

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

Almost 15 years after halting operations at its small car plant near Singur in West Bengal due to escalating violence against the company, Tata Motors announced on Monday that it has been awarded Rs 765.78 crore in compensation, along with interest, from West Bengal Industrial Development Corporation Limited. The company will also receive Rs. 1… Continue reading Tata Motors awarded Rs 765.78 crore compensation after 15-year hiatus from Singur plant closure