Escorts Kubota Q4 profit up 14% at Rs 216.5 crore

Tractor and construction machinery major Escorts Kubota on Wednesday reported a 14% growth in its consolidated net profit at Rs 216.5 crore for the quarter ended March 2023, as against a profit of Rs 190 crore in the corresponding quarter of the previous year. Meanwhile, the company’s consolidated revenue from operations grew 17.4% at Rs 2,214.5… Continue reading Escorts Kubota Q4 profit up 14% at Rs 216.5 crore

Six popular SUVs to get facelifts in the next nine months

In the coming months, there are comprehensive facelifts lined up for some of India’s most popular compact and midsize SUVs. This includes the likes of the Tata Nexon, Harrier and Safari, the Kia Seltos and Sonet, and even the Hyundai Creta. While some of these SUVs will see major cosmetic or feature upgrades, some are… Continue reading Six popular SUVs to get facelifts in the next nine months

MG Motor plans to Indianise the company, divest majority stake to Indian partners and raise over Rs 5,000 crore

MG Motor India, the British brand owned by China’s largest car maker Shanghai Automotive plans to divest a majority stake in its operation and it is in talks with potential Indian partners. The deal for the same will be announced in 2023. Eventually, the company is open to listing on stock exchanges as well. The… Continue reading MG Motor plans to Indianise the company, divest majority stake to Indian partners and raise over Rs 5,000 crore

MG Motor plans to Indianise the company, dilute majority stake to Indian partners and raise over Rs 5,000 crore

MG Motor India, the British brand owned by China’s largest car maker Shanghai Automotive plans to divest a majority stake in its operation and it is in talks with potential Indian partners. The deal for the same will be announced in 2023. Eventually, the company is open to listing on stock exchanges as well. The… Continue reading MG Motor plans to Indianise the company, dilute majority stake to Indian partners and raise over Rs 5,000 crore

Coming of age

The late 90s was the begining of a new era for the Indian automotive industry. In hindsight, one would think that participation in the 1998 Auto Expo was a guarantee for success for a new automotive brand or products. That landmark Expo saw Hyundai Motor announce its India entry, Tata Motors unveil the historic Indica… Continue reading Coming of age

Coming of age

The late 90s was the begining of a new era for the Indian automotive industry. In hindsight, one would think that participation in the 1998 Auto Expo was a guarantee for success for a new automotive brand or products. That landmark Expo saw Hyundai Motor announce its India entry, Tata Motors unveil the historic Indica… Continue reading Coming of age

A tale of two Hondas

The Indian passenger-vehicle and two-wheeler segments are witnessing action heat up, with both Indian and foreign brands intensifying their assault with a range of products that cater to the unique needs of the market. While Honda, which is a trustworthy name in the country, has had a robust past in both the vehicle categories it… Continue reading A tale of two Hondas

A tale of two Hondas

The Indian passenger-vehicle and two-wheeler segments are witnessing action heat up, with both Indian and foreign brands intensifying their assault with a range of products that cater to the unique needs of the market. While Honda, which is a trustworthy name in the country, has had a robust past in both the vehicle categories it… Continue reading A tale of two Hondas

Tata Motors eyes growing EV market in Nepal, launches Nexon EV Max

Tata Motors has launched the new Nexon EV Max at a starting price of NPR 46.49 lakh (with 7.2 kW charging option) in Nepal. The Nexon EV Max had been launched in India exactly a year ago, on May 11, 2022, and has helped the company expand its EV market share.   Equipped with a 40.5… Continue reading Tata Motors eyes growing EV market in Nepal, launches Nexon EV Max

Tata Motors eyes growing EV market in Nepal, launches Nexon EV Max

Tata Motors has launched the new Nexon EV Max at a starting price of NPR 46.49 lakh (with 7.2 kW charging option) in Nepal. The Nexon EV Max had been launched in India exactly a year ago, on May 11, 2022, and has helped the company expand its EV market share.   Equipped with a 40.5… Continue reading Tata Motors eyes growing EV market in Nepal, launches Nexon EV Max