German Tier-1 major Continental Automotive India’s Bengaluru-based technology centre – Tech Centre India (TCI) – aims to become the ‘best-value’ location in the Group’s global developmental ecosystem by offering solutions that stand out on cost, as well as quality. While engineers at the TCI are working on global autonomous mobility projects, the centre is also… Continue reading Continental Tech Centre India aims to become ‘best-value’ global hub for German major
Author: Autocar_Professional India Online News
Swati Khandelwal to join M&M as Senior VP and Head – Group Corporate Communications
She has over two decades of media experience, having worked at various channels such as CNBC-TV18, Bloomberg TV and Zee Business. Swati Khandelwal will join Mahindra & Mahindra as Senior VP and Head – Group Corporate Communications, from 9 February. She has over two decades of media experience, having worked at various channels such as CNBC-TV18, Bloomberg TV… Continue reading Swati Khandelwal to join M&M as Senior VP and Head – Group Corporate Communications
Kinetic eyes South East Asia entry for Luna by December 2024, aims to double group turnover to Rs 2000 crore
With the booming e-commerce market and the growing need for gig workers for last mile delivery in the emerging markets, Kinetic Green is looking at a global play with its upcoming Luna in an electric avatar. The Pune-based company which introduced the E-Luna today, at Rs 69,990, is optimistic on the upside volumes of its EV business,… Continue reading Kinetic eyes South East Asia entry for Luna by December 2024, aims to double group turnover to Rs 2000 crore
Kinetic eyes South East Asia entry for Luna by December 2024, aims to double group turnover to Rs 2000 crore
With the booming e-commerce market and the growing need for gig workers for last mile delivery in the emerging markets, Kinetic Green is looking at a global play with its upcoming Luna in an electric avatar. The Pune-based company which introduced the E-Luna today, at Rs 69,990, is optimistic on the upside volumes of its EV business,… Continue reading Kinetic eyes South East Asia entry for Luna by December 2024, aims to double group turnover to Rs 2000 crore
Tata Motors likely to offer standard six airbags in next-gen Tiago, Tigor
Homegrown automaker Tata Motors, which has registered remarkable growth in the last few years to emerge as India’s No. 3 carmaker, led by a range of products that score high in terms of value, as well as safety and crash protection, is aiming to up the safety ante in its future products. The company, which… Continue reading Tata Motors likely to offer standard six airbags in next-gen Tiago, Tigor
Ashok Leyland dodges export slump, CEO credits Middle East & Africa push
Commercial vehicle giant Ashok Leyland bucked the industry trend of slumping exports, maintaining volumes over the past two years, said MD & CEO Shenu Agarwal. The key, according to Agarwal, was a strategic shift in focus towards new markets in the Middle East and Africa. Speaking on the sidelines of the Bharat Mobility show in… Continue reading Ashok Leyland dodges export slump, CEO credits Middle East & Africa push
Varroc Engineering wins Rs 6,757 crore worth new orders in the first nine months of FY24
Varroc Engineering, a leading supplier to the auto industry, reported a new lifetime order win worth Rs 67.57 billion (approximately Rs 6757 crore) during the first nine months of FY24. Tarang Jain, CMD of Varroc Engineering, stated in a press statement that these orders will enable the company to increase its revenue better than the… Continue reading Varroc Engineering wins Rs 6,757 crore worth new orders in the first nine months of FY24
Apollo Tyres reports 78% jump in net profit to Rs 497 crore in Q3FY24
Apollo Tyres’s net profit for Q3 FY24 jumped by 78% to Rs 497 crore, as against Rs 279 crore in the same period last fiscal. The operating revenue, however, was up by 3% to close at Rs 6595 crore, as against Rs 6423 crore in Q3 FY23, the company reported in a regulatory filing. Onkar Kanwar,… Continue reading Apollo Tyres reports 78% jump in net profit to Rs 497 crore in Q3FY24
Uno Minda bags Rs 250 crore order boost from EV makers in Q3 FY24
Uno Minda, a Tier 1 automotive supplier, has secured new orders worth Rs 250 crore annually from electric vehicle (EV) manufacturers, further solidifying its position in the burgeoning sector. The order book, disclosed in the company’s investor presentation, comprises Rs 200 crore for EV-specific components like off-board chargers, motors, and controllers. Uno Minda boasts a… Continue reading Uno Minda bags Rs 250 crore order boost from EV makers in Q3 FY24
Kinetic Green launches E-Luna at Rs 69,990
A few weeks after it was listed on some e-commerce websites, Kinetic Green has launched the E Luna at an introductory price of Rs 69,990 in India (ex-showroom, Delhi). The Kinetic E-Luna has a very simple and utilitarian design although it does miss out on the signature pedals that were on the popular petrol moped that… Continue reading Kinetic Green launches E-Luna at Rs 69,990