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
Author: Autocar_Professional India Online News
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
Autonomous shuttle trials begin on Cambridge roads
Autonomous transport company Aurrigo has begun trials of the Auto-Shuttle, a self-driving bus, in Cambridge, the UK. The Auto-Shuttle, which was revealed last year, is able to seat 10 people (when not social distancing) and will drive on roads surrounded by other traffic, including cars, lorries, vans, bikes and pedestrians. Three Auto-Shuttles have been deployed… Continue reading Autonomous shuttle trials begin on Cambridge roads
New made-in-Europe Nissan Qashqai goes high on lightweight aluminium
The all-new Qashqai will be Nissan’s first model built in Europe using a significant number of lightweight aluminium panels. The hood, doors and front fenders are stamped from aluminium alloy, which makes the body of the all-new Qashqai 60kg lighter. This improves efficiency and thereby contributes to reduced emissions. In addition, it helps accommodate more… Continue reading New made-in-Europe Nissan Qashqai goes high on lightweight aluminium
Shradha Suri appointed chairperson and MD of Subros
Shradha Suri: “I shall further strengthen and build market leadership across all business segments, with the support of our JV partners Denso Corp, Suzuki Motor Corp, our stakeholders and customers.” Subros Ltd, the leading company in the design and manufacture of thermal products for passenger cars and commercial vehicles in India, has appointed Shraddha Suri… Continue reading Shradha Suri appointed chairperson and MD of Subros
Kia Carnival sells 6,284 units in 16 months, gets new buyback scheme
In an effort to rev up sales of flagship Carnival MPV, Kia India has introduced a new guaranteed buyback plan. The Carnival has sold a total of 6,284 units since launch in February 2020 comprising 3,187 in FY2020, 2,796 units in FY2021 and 301 in April 2021. The company has announced what is christened as… Continue reading Kia Carnival sells 6,284 units in 16 months, gets new buyback scheme
India Yamaha Motor’s Sanjiv Paul passes away
Suhas Yathiraj, DM, Gautam Buddh Nagar, UP receiving a cheque of Rs 25 lakh from Sanjiv Paul, SVP and Vimal Raina, VP, India Yamaha Motor in June 2020 Sanjiv Paul, a former Senior Vice-President (Manufacturing) at India Yamaha Motor succumbed to health-related issues on Tuesday, the company said a statement. An industry veteran, Paul played a significant role at… Continue reading India Yamaha Motor’s Sanjiv Paul passes away
India’s construction equipment sector headed for washout in Q1 FY2022
Demand for new construction equipment, already in free-fall mode over the past few weeks, may crash up to 75 percent by end-May if the surge in Covid infections continues unabated. According to Sandeep Singh, Managing Director of Tata-Hitachi Construction Machinery, even use of existing machinery is tumbling across construction sites and could be impacted by… Continue reading India’s construction equipment sector headed for washout in Q1 FY2022