With over 70 percent of India’s power generation coming from coal-based power plants in the present day, an accelerated shift towards electric vehicles (EVs) might not be the ideal solution for the country, which is on a mission to achieve carbon neutrality by 2070, as well as lower its transportation emissions. While EVs have gained… Continue reading ‘Hybrids cleaner than EVs in Indian scenario for at least next 8-10 years’: RC Bhargava
Author: Autocar_Professional India Online News
‘Hybrids cleaner than EVs in Indian scenario for at least next 8-10 years’: RC Bhargava
With over 70 percent of India’s power generation coming from coal-based power plants in the present day, an accelerated shift towards electric vehicles (EVs) might not be the ideal solution for the country, which is on a mission to achieve carbon neutrality by 2070, as well as lower its transportation emissions. While EVs have gained… Continue reading ‘Hybrids cleaner than EVs in Indian scenario for at least next 8-10 years’: RC Bhargava
Without growing small car segment, Indian market can’t grow even at 6-7 percent, says R C Bhargava
R C Bhargava, the Chairman of India’s largest car maker Maruti Suzuki says “small car growth” is essential for long-term car growth in the country. Speaking to the media post the Q2 FY-24 earnings, Bhargava said “The future growth of sedan and SUV will come from small cars. We will not get large growth without… Continue reading Without growing small car segment, Indian market can’t grow even at 6-7 percent, says R C Bhargava
Schaeffler’s India unit Q2 profit rises 8% to Rs 233 crore on robust demand
Auto components maker Schaeffler India reported an 8% rise in second-quarter profit on Friday, led by the demand for automotive products amid a nascent recovery in rural demand. Standalone profit for the Indian unit of Germany’s Schaeffler AG was Rs 233 crore ($28.00 million) in the quarter ended Sept. 30, compared with Rs 215 crore… Continue reading Schaeffler’s India unit Q2 profit rises 8% to Rs 233 crore on robust demand
Schaeffler’s India unit Q2 profit rises 8% to Rs 233 crore on robust demand
Auto components maker Schaeffler India reported an 8% rise in second-quarter profit on Friday, led by the demand for automotive products amid a nascent recovery in rural demand. Standalone profit for the Indian unit of Germany’s Schaeffler AG was Rs 233 crore ($28.00 million) in the quarter ended Sept. 30, compared with Rs 215 crore… Continue reading Schaeffler’s India unit Q2 profit rises 8% to Rs 233 crore on robust demand
Hyundai Motor Group announces new Global Design Division
Hyundai Motor Group has announced the establishment of the Hyundai Motor Group Global Design Division. The new division will spearhead the Group’s efforts to design all-electric vehicles and future mobility solutions, including purpose-built vehicles (PBVs), robotics, and advanced air mobility (AAM). Luc Donckerwolke, Hyundai Motor Group’s President, will be appointed Chief Design Officer (CDO), heading… Continue reading Hyundai Motor Group announces new Global Design Division
Hyundai Motor Group announces new Global Design Division
Hyundai Motor Group has announced the establishment of the Hyundai Motor Group Global Design Division. The new division will spearhead the Group’s efforts to design all-electric vehicles and future mobility solutions, including purpose-built vehicles (PBVs), robotics, and advanced air mobility (AAM). Luc Donckerwolke, Hyundai Motor Group’s President, will be appointed Chief Design Officer (CDO), heading… Continue reading Hyundai Motor Group announces new Global Design Division
Hyundai Motor Group announces new Global Design Division
Hyundai Motor Group has announced the establishment of the Hyundai Motor Group Global Design Division. The new division will spearhead the Group’s efforts to design all-electric vehicles and future mobility solutions, including purpose-built vehicles (PBVs), robotics, and advanced air mobility (AAM). Luc Donckerwolke, Hyundai Motor Group’s President, will be appointed Chief Design Officer (CDO), heading… Continue reading Hyundai Motor Group announces new Global Design Division
Maruti Suzuki reports 80.3% YoY jump in net profit during Q2FY24
The country’s largest car maker, Maruti Suzuki reported its highest-ever net profit of Rs 3716.5 crore during Q2 FY24, which is an 80.3% jump over the Rs 2061.5 crore registered in Q2 FY23. The company attributed the development to higher net sales, a softening of commodity prices, cost reduction efforts, and higher non-operating income. During the… Continue reading Maruti Suzuki reports 80.3% YoY jump in net profit during Q2FY24
Maruti Suzuki reports 80.3% YoY jump in net profit during Q2FY24
The country’s largest car maker, Maruti Suzuki reported its highest-ever net profit of Rs 3716.5 crore during Q2 FY24, which is an 80.3% jump over the Rs 2061.5 crore registered in Q2 FY23. The company attributed the development to higher net sales, a softening of commodity prices, cost reduction efforts, and higher non-operating income. During the… Continue reading Maruti Suzuki reports 80.3% YoY jump in net profit during Q2FY24