It’s a century India should not be proud of. After staying 6 paise short of the Rs 100-a-litre mark for two days at a Brandmanesque Rs 99.94, today’s hike – the 15th in May 2021 – has taken the price of petrol past Rs 100 at Rs 100.19. Since January 1, 2021, when petrol cost… Continue reading Petrol hits a century, costs Rs 100.19 a litre in Mumbai
Author: Autocar_Professional India Online News
Toyota hopeful of good times returning with Covid on the wane
Toyota Kirloskar Motor (TKM) is betting big on the Innova Crysta and Fortuner to keep the momentum going once the lockdown is lifted and normal business resumes. It is also working towards reducing the order-to-lead times on these two models. “While sentiment at the higher end may remain muted, we anticipate good demand in the… Continue reading Toyota hopeful of good times returning with Covid on the wane
Total rebrands itself as TotalEnergies
French oil major Total has rebranded itself as TotalEnergies. The decision was approved by the shareholders at the Ordinary and Extraordinary Shareholders’ Meeting unanimously. The company says the resolution to change the name from Total to TotalEnergies, anchors its strategic transformation into a broad energy company in its identity encompassing oil and biofuels, natural gas and… Continue reading Total rebrands itself as TotalEnergies
M&M hopeful of demand rebound as Covid-19 cases recede in Maharashtra
With Maharashtra witnessing a consistent dip in Covid-19 cases since the past few days, Mahindra & Mahindra (M&M) which has a significant operational presence in the State is certainly ecstatic. According to Rajesh Jejurikar, Executive Director (Auto & Farm sectors) at M&M, while Q1 FY2022 has certainly been a washout, the situation is expected to… Continue reading M&M hopeful of demand rebound as Covid-19 cases recede in Maharashtra
Mahindra outlines 9 new products for UV market assault
Mahindra & Mahindra (M&M) which today announced its Q4 and full-year FY2021 results also revealed its future product roadmap to shareholders. After introducing the new Mahindra Thar, which is already a resounding success, given its sales of 16,177 units and 55,000 bookings in a little over six months since launch in October 2020, the company… Continue reading Mahindra outlines 9 new products for UV market assault
JBM delivers 50 Eco-Life electric buses to Ahmedabad BRTS
The JBM Group today handed over 50 JBM Eco-Life to the city of Ahmedabad, at the Vastral BRTS Depot. The handover, done virtually with Chief Minister of Gujarat Vijay Rupani, with Home Minister of Gujarat Pradipsinh Jadeja present at the launch ceremony at the Depot. This is the first batch of 50 buses out of… Continue reading JBM delivers 50 Eco-Life electric buses to Ahmedabad BRTS
Mahindra to begin rolling out lightweight K2 Series tractors in 2023
Mahindra & Mahindra (M&M) which today announced its Q4 and full-year FY2021 results, also revealed its future product roadmap across the SUV, below 3.5-tonne light commercial vehicle and tractor segments. The company, whose Farm Equipment Sector (FES) division, has farmed robust gains in FY2021, is is betting big on the new ‘K2’ tractor series it… Continue reading Mahindra to begin rolling out lightweight K2 Series tractors in 2023
Mahindra plots 14 LCVs including 6 EVs by 2026
Mahindra & Mahindra, which already has a strong market position in the below-3.5-tonne light commercial vehicle segment in India, is looking to further up the ante. The company has outlined an aggressive new product launch programme that will see it introduce all of 14 new LCVs by 2026. These products include 6 electric vehicles (EVs) electric… Continue reading Mahindra plots 14 LCVs including 6 EVs by 2026
Mahindra Group posts robust Q4 profit on strong auto and farm demand
Mahindra & Mahindra (M&M) and Mahindra Vehicular Manufacturing (MVL) posted a combined net profit of Rs 163 crore in Q4FY2021 compared to a loss of Rs 3,255 crore in Q4FY2020. The combined revenues in Q4 is up 48 percent year-on-year to Rs 13,338 crore (Q4 FY2020 revenue: Rs 9,005 crore) on the back of strong… Continue reading Mahindra Group posts robust Q4 profit on strong auto and farm demand
Trying times for industry as workforce tensions rise in Tamil Nadu plants
Tamil Nadu has not only been reporting high Covid cases but also growing anxieties among the workforce at automotive plants. Recent days have seen this surface at Renault-Nissan and Hyundai Motor India where fears of being infected have led to protests and subsequent closures. The good news is that these are not going to be… Continue reading Trying times for industry as workforce tensions rise in Tamil Nadu plants