Autocar_Professional India Online News – Page 1495

Exide Industries’ Q4 PAT rises 3.5% to Rs 208 crore

Automotive and industrial battery maker Exide on Tuesday reported a 3.5 percent increase in its standalone profit after tax of Rs 208 crore in Q4FY23 as compared to Rs 201 crore in the same quarter last year. Meanwhile, the company’s revenue from operations increased by 4 percent on a yearly basis, at Rs 3,543 crore… Continue reading Exide Industries’ Q4 PAT rises 3.5% to Rs 208 crore

Lamborghini sales and revenue hit record levels in Q1 2023

Automobili Lamborghini’s growth continues with the Italian supercar manufacturer registering record results again in the first quarter of 2023 compared to Q1 CY2022. In a particularly intense year for the Sant’Agata Bolognese company, with its 60th anniversary celebrations and the launch of its first hybrid, the new Lamborghini Revuelto, these figures confirm the strength of the… Continue reading Lamborghini sales and revenue hit record levels in Q1 2023

Vitesco Technologies develops new rotor without permanent magnets which works without rare earth minerals

Vitesco Technologies, an international supplier of modern drive technologies and electrification solutions, has developed a fully integrated electric axle drive platform (EMR4, Electronics Motor Reducer, which is being broadened by a new option to enable an even better life cycle assessment. This is the new rotor without permanent magnets that is now part of the… Continue reading Vitesco Technologies develops new rotor without permanent magnets which works without rare earth minerals

Qualcomm to acquire V2X semiconductor major Autotalks

Qualcomm Incorporated has announced that its subsidiary, Qualcomm Technologies, has entered into a definitive agreement to acquire Autotalks, the fabless semiconductor company dedicated to V2X (vehicle-to-everything) communications since 2009. Autotalks, an Israeli start-up, provides automotive qualified dual-mode global V2X solutions compatible with multiple V2X standards designed to reduce collisions and improve mobility. The combination of… Continue reading Qualcomm to acquire V2X semiconductor major Autotalks

Tata Technologies signs MoU with TiHAN IIT Hyderabad to collaborate on Software Defined Vehicles, ADAS

Tata Technologies, a global engineering and product development digital services company, has signed a Memorandum of Understanding (MoU) with TiHAN IIT Hyderabad, to collaborate in the areas of Software Defined Vehicles (SDV) and Advanced Driver Assistance Systems (ADAS). The collaboration will specifically focus on the development of platform/s and Proofs of Concept (POC) that optimise… Continue reading Tata Technologies signs MoU with TiHAN IIT Hyderabad to collaborate on Software Defined Vehicles, ADAS

Volkswagen Tiguan electric SUV in the works

Volkswagen is preparing to introduce a trio of crucial new electric SUVs under a revised ID model strategy recently implemented by its CEO Thomas Schafer. The three new SUVs have been conceived to provide the German carmaker with a broader spread of electric models in each of Europe’s key market segments. They will build on the… Continue reading Volkswagen Tiguan electric SUV in the works

Volkswagen Tiguan electric SUV in the works

Suzuki inaugurates exclusive motorcycle showroom, ‘Bike Zone’ in Mumbai and Ahmedabad

Suzuki Motorcycle India, the two-wheeler subsidiary of Suzuki Motor Corporation (SMC) inaugurated its first exclusive motorcycle showroom in Mumbai and Ahmedabad. Both these Exclusive Suzuki Motorcycle Showrooms will be the 7th and 8th Suzuki Bike Zone Outlets in India respectively. Kenichi Umeda, Managing Director, Suzuki Motorcycle India said, “In FY 2022-23, the company recorded an… Continue reading Suzuki inaugurates exclusive motorcycle showroom, ‘Bike Zone’ in Mumbai and Ahmedabad

Hyundai reveals Exter micro-SUV, bookings open ahead of India launch

Following a string of teasers, Hyundai has now officially revealed the upcoming Exter SUV for India. Hyundai has not just shown the Exter’s exterior design for the first time, but it has also commenced bookings for a token amount of Rs 11,000 ahead of its launch. The company has also confirmed trim details and powertrain options for the… Continue reading Hyundai reveals Exter micro-SUV, bookings open ahead of India launch

Lithium reserves also discovered in Rajasthan

Lithium reserves have also been discovered in Degana, Rajasthan, according to media reports. It is believed that these reserves are higher than the ones recently located in Jammu & Kashmir. Following the recent discovery of 5.9 million tonnes of inferred lithium reserves in Jammu & Kashmir, Autocar Professional had reported that GSI was conducting the… Continue reading Lithium reserves also discovered in Rajasthan