Autocar_Professional India Online News – Page 1277

Mercedes Benz India doubles profits to $100 million, turnover crosses $1.2 billion

Mercedes Benz India, the country’s largest luxury car maker, has almost doubled its net profit for FY23, crossing the $100 million mark or Rs 841 crore for the first time ever. A sales growth of over 37 percent in FY23 also helped the turnover jump 65 percent with the revenues exceeding $1.2 billion or Rs… Continue reading Mercedes Benz India doubles profits to $100 million, turnover crosses $1.2 billion

Karnataka expects Rs 15,000 crore new investment in EV segment, says Industry Minister: PTI

Karnataka has successfully attracted investments of Rs 25,000 crore, spanning the entire value chain, Large and Medium Industries Minister M B Patil said on Wednesday. He further said an additional investment of Rs 15,000 crore is expected to flow towards research and development in the sector, PTI reported. The Minister earlier inaugurated the Electric Vehicle… Continue reading Karnataka expects Rs 15,000 crore new investment in EV segment, says Industry Minister: PTI

‘Designers have always foreseen the societal trends’: Pratap Bose

Pratap Bose, Chief Design and Creative Officer, Auto and Farm Sector, Mahindra and Mahindra Limited (M&M), has a lot on his plate after he joined the company on June 24, 2021. In his role, Bose is leading the MADE (Mahindra Advanced Design Europe) and MIDS (Mahindra India Design Studio) design centres, in addition to projects… Continue reading ‘Designers have always foreseen the societal trends’: Pratap Bose

‘Designers have always foreseen the societal trends’: Pratap Bose

Tata Motors to acquire 27% stake in ‘Freight Tiger’ for Rs 150 crore

Tata Motors and Freight Commerce Solutions Private Limited (‘Freight Tiger’) have today signed a Securities Subscription Agreement (SSA) and a Shareholders Agreement (SHA) for the acquisition of 26.79% stake in ‘Freight Tiger’ for a consideration of Rs 150 crore. The SSA also includes a provision enabling Tata Motors to further invest Rs 100 crore over… Continue reading Tata Motors to acquire 27% stake in ‘Freight Tiger’ for Rs 150 crore

Tata Motors signs definitive agreement to acquire 27% stake in ‘Freight Tiger’ for Rs 150 crore

Tata Motors and Freight Commerce Solutions Private Limited (‘Freight Tiger’) have today signed a Securities Subscription Agreement (SSA) and a Shareholders Agreement (SHA) for the acquisition of 26.79% stake in ‘Freight Tiger’ for a consideration of Rs 150 crore. The SSA also includes a provision enabling Tata Motors to further invest Rs 100 crore over… Continue reading Tata Motors signs definitive agreement to acquire 27% stake in ‘Freight Tiger’ for Rs 150 crore

TORK Motors introduces new ECO+ ride mode to boost Kratos R range

TORK Motors has introduced an all-new ECO+ ride mode on its Kratos R flagship. This new ride mode extends the bike’s range, allowing riders to extract 150+ km from a single charge in urban riding conditions. ECO+, with its limited top speed of 35km/h is suited for riders riding primarily in the city where the… Continue reading TORK Motors introduces new ECO+ ride mode to boost Kratos R range

TORK Motors introduces new ECO+ ride mode to boost Kratos R range

Tata Harrier, Safari models to receive lane keep assist feature

Earlier this year, Tata Motors introduced ADAS features to the pre-facelift Harrier and Safari with features like forward collision warning, autonomous emergency braking, blind spot detection and lane departure warning. Lane-keep assist, however, was not part of the suite. The feature detects when a car is drifting out of its lane and actively intervenes in the steering… Continue reading Tata Harrier, Safari models to receive lane keep assist feature