Autocar_Professional India Online News – Page 1225

Kia displays EV9 military concept car at Korean defence expo

Kia is participating in Seoul ADEX (Aerospace & Defense Exhibition) 2023, Korea’s largest aerospace and defence industry exhibition, which is being held from October 17-22 at Seongnam-si, Gyeonggi-do. It is hosting over 550 companies from 34 countries. Kia’s exhibits include an EV9 military concept car, hydrogen fuel cell military drone concept and a medium-sized chassis.… Continue reading Kia displays EV9 military concept car at Korean defence expo

Demand for quality CV interiors sees Pinnacle Industries target Rs 1,000 crore revenue in FY2024

Pune-headquartered Tier-1 supplier of automotive seats and interior trims to the commercial vehicle (CV) segment, Pinnacle Industries, is confident about doubling its revenues in the ongoing fiscal. The company aims to register 100% revenue growth and touch the Rs 1,000 crore mark in FY2024. “While we exceeded Rs 500 crore in FY2023, we plan to… Continue reading Demand for quality CV interiors sees Pinnacle Industries target Rs 1,000 crore revenue in FY2024

Maruti Suzuki takes big lead in car and SUV exports in H1 FY2024

India’s domestic market sales of over 2 million passenger vehicles (cars, sedans and utility vehicles) in the first six months of FY2024 have got carmakers brimming with hope for a strong fiscal. What’s more, this segment’s positive export performance, amid a sea of red ink for the rest of the vehicle industry, is also encouraging… Continue reading Maruti Suzuki takes big lead in car and SUV exports in H1 FY2024

Exclusive: Skoda Auto board visits India to define next phase of expansion

Underscoring the importance of India as a critical hub, the entire board of management of Skoda Auto visited India in the last fortnight to define the future game plan for the country. Autocar Professional learns this is the second visit by the entire board in less than 12-14 months to deliberate the potentially bigger role… Continue reading Exclusive: Skoda Auto board visits India to define next phase of expansion

With 11.61 million units dispatched in H1, India Auto Inc well set for a strong FY2024

The India auto wholesales growth story just got 6% bigger. As per apex industry body, the Society of Indian Automobile Manufacturers (SIAM), India Auto Inc dispatched a total of 1,16,14,781 units across the passenger vehicle, two- and three-wheeler and commercial vehicle segments in the first six months of FY2024. This constitutes a 6% year-on-year increase… Continue reading With 11.61 million units dispatched in H1, India Auto Inc well set for a strong FY2024

Ceat Q2FY24 PAT rises multi-fold at Rs 208 crore

Tyremaker Ceat has reported an over 25-fold jump in its consolidated profit after tax (PAT) in July-October quarter results for fiscal 2023–24 (Q2FY24) at Rs 208 crore, compared to Rs 8 crore in the corresponding period last year. On a consolidated basis, the company’s revenue closed at Rs 3,053 crore, up 5.5% in Q2FY24, as… Continue reading Ceat Q2FY24 PAT rises multi-fold at Rs 208 crore

ReadyAssist, Lectrix EV join hands to provide 24/7 roadside assistance for e2Ws

ReadyAssist has partnered with Lectrix EV to offer round-the-clock emergency roadside assistance support to Lectrix EV 2-Wheeler customers, including both the extensive dealer network and valued fleet partners. ReadyAssist will provide after-sales support, addressing the unique needs of all Lectrix customers. ReadyAssist’s proprietary technology platform ensures a seamless and real-time interface on their app, simplifying… Continue reading ReadyAssist, Lectrix EV join hands to provide 24/7 roadside assistance for e2Ws