Ashok Leyland, which witnessed a marginal reduction in its exports during Q1 FY24, expects the growth to bounce back by the end of the year on the back of several initiatives the company is taking in the SAARC, Middle East, and African markets. Significantly, a lot will also depend on how the geopolitical situation pans out,… Continue reading Ashok Leyland sees export growth rebounding by year-end, but geopolitics a wild card
Author: Autocar_Professional India Online News
Audi and SAIC join forces for EV development
Audi and Shanghai Automotive Industry Corporation (SAIC) have agreed to co-operate on electric vehicle development in a move aimed at strengthening their respective positions in the Chinese car market, according to a statement made by the Chinese state-owned car maker on Thursday. The announcement of the agreement comes after Audi entered into talks with SAIC – owner of MG… Continue reading Audi and SAIC join forces for EV development
Audi and SAIC join forces for EV development
Audi and Shanghai Automotive Industry Corporation (SAIC) have agreed to co-operate on electric vehicle development in a move aimed at strengthening their respective positions in the Chinese car market, according to a statement made by the Chinese state-owned car maker on Thursday. The announcement of the agreement comes after Audi entered into talks with SAIC – owner of MG… Continue reading Audi and SAIC join forces for EV development
Audi and SAIC join forces for EV development
Audi and Shanghai Automotive Industry Corporation (SAIC) have agreed to co-operate on electric vehicle development in a move aimed at strengthening their respective positions in the Chinese car market, according to a statement made by the Chinese state-owned car maker on Thursday. The announcement of the agreement comes after Audi entered into talks with SAIC – owner of MG… Continue reading Audi and SAIC join forces for EV development
Audi and SAIC join forces for EV development
Audi and Shanghai Automotive Industry Corporation (SAIC) have agreed to co-operate on electric vehicle development in a move aimed at strengthening their respective positions in the Chinese car market, according to a statement made by the Chinese state-owned car maker on Thursday. The announcement of the agreement comes after Audi entered into talks with SAIC – owner of MG… Continue reading Audi and SAIC join forces for EV development
Royal Enfield Bullet 350 price announcement on August 30
Royal Enfield has sent us a Block Your Date for August 30-September 1, and the company says that this is for the launch of an ‘old’ motorcycle. You don’t need to be a detective to conclude that this is almost certainly referring to the new Bullet 350. The legendary Bullet has been in production since 1931,… Continue reading Royal Enfield Bullet 350 price announcement on August 30
Hop Electric’s pan-India footprint grows to 28 outlets
Jaipur-based electric two-wheeler HOP Electric Mobility, has increased its network to 28 outlets with the opening of two ‘HOP Experience Centres’ in Uttar Pradesh’s Lucknow and Etawah. During this inauguration, HOP Electric Mobility rolled out its flagship electric motorcycle HOP OXO and electric scooter HOP LEO and HOP LYF. HOP Electric Mobility’s Chief Marketing Officer,… Continue reading Hop Electric’s pan-India footprint grows to 28 outlets
Hop Electric’s pan-India footprint grows to 28 outlets
Jaipur-based electric two-wheeler HOP Electric Mobility, has increased its network to 28 outlets with the opening of two ‘HOP Experience Centres’ in Uttar Pradesh’s Lucknow and Etawah. During this inauguration, HOP Electric Mobility rolled out its flagship electric motorcycle HOP OXO and electric scooter HOP LEO and HOP LYF. HOP Electric Mobility’s Chief Marketing Officer,… Continue reading Hop Electric’s pan-India footprint grows to 28 outlets
MSME integration is critical for automakers and Tier 1 component manufacturers seeking to localise
Sumit Bhatnagar, Group President of India’s US $1.5 billion Tier 1 component maker Anand Group, stressed the importance of startups and MSMEs in bolstering localisation. Talking at an event organised by CII’s Visionary Leaders for Manufacturing (VLFM) programme in Mumbai, he said that Auto OEMs and Tier 1 Component manufacturers need to give priority to start-ups and MSMEs,… Continue reading MSME integration is critical for automakers and Tier 1 component manufacturers seeking to localise
Ashok Leyland Q1 standalone profit jumps over 7 times at Rs 576 crore
The Chennai-based commercial vehicle major Ashok Leyland reported a 747 percent year-on-year (YoY) jump in its standalone net profit for the first quarter ended June, at Rs 576.42 crore as against Rs 68 crore in the same period last year. Meanwhile, the company’s standalone revenue for the quarter also rose to Rs 8,189 crore as… Continue reading Ashok Leyland Q1 standalone profit jumps over 7 times at Rs 576 crore