Skoda aims to bring in the Enyaq EV in the current fiscal year. That’s the word coming in from Petr Solc, Brand Director, Skoda Auto India. “We will start with the Enyaq which we will bring in the current fiscal year, and then we would like to test the market and if the market is… Continue reading ‘Skoda aims to bring Enyaq in FY24 to India’: Petr Solc, Brand Director, Skoda Auto India
Author: Autocar_Professional India Online News
Kia launches Sonet Aurochs Edition at Rs 11.85 lakh
Kia has launched the Sonet Aurochs Edition at a starting price of Rs 11.85 lakh (ex-showroom). This new edition is based on the HTX trim level and is available with the 1.0-litre turbo-petrol and the 1.5-litre turbo-diesel engines. The Aurochs Edition sits between the HTX and HTX+ trims in the Sonet’s variant line-up. Here’s a break-up of the… Continue reading Kia launches Sonet Aurochs Edition at Rs 11.85 lakh
FADA voices concern about illegal sale of two-wheelers by unauthorised multi-brand outlets
The Federation of Automobile Dealers Associations (FADA), in collaboration with the Delhi and Mumbai State Transport Department, has expressed concern over the illegal practice of unauthorised multi-brand outlets (MBOs) selling two-wheelers. FADA has reported that these MBOs are acquiring unregistered vehicles in bulk from dealers and reselling them to customers at discounted rates, higher than the prices offered by… Continue reading FADA voices concern about illegal sale of two-wheelers by unauthorised multi-brand outlets
Tech Talk: How EVs can still make use of solar panels
A quick comparison on how much energy an electric car needs with how much a commercial solar panel harvests quickly dispels any notion of realistically powering EVs using them. That’s not to say the idea hasn’t been tried, though. In fact, the idea goes all the way back to 1955 and General Motors’ Sunmobile. But… Continue reading Tech Talk: How EVs can still make use of solar panels
Understanding the legalities of Minda Corporation’s attempt to acquire additional stake in Pricol
The Indian automotive industry has been abuzz with news of Minda Corporation’s recent decision to acquire a 15.7% stake worth Rs 400 crore in rival Pricol Ltd. While Minda initially brushed off the move as putting extra money to good use, the market speculated it as a hostile takeover. Pricol’s top management promptly responded by… Continue reading Understanding the legalities of Minda Corporation’s attempt to acquire additional stake in Pricol
Craftsman Automation Q4 PAT up 51% at Rs 77.66 crore
Bengaluru-based diversified engineering company Craftsman Automation has reported a 51 percent jump in its consolidated net profit at Rs 77.66 crore during the fourth quarter ended March 31, 2023. The company had posted Rs 51.46 crore net profit in the same quarter year ago. The company’s total consolidated income stood at Rs 985.25 crore in… Continue reading Craftsman Automation Q4 PAT up 51% at Rs 77.66 crore
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