After seven quarters of losses, Mumbai-based Tata Motors declared a consolidated net profit of Rs 2,958 crore for the quarter ended December on Wednesday, compared to a loss of Rs 1,516 crore the previous year, owing to strong demand amid global uncertainties. Revenue from operations climbed 22.5% YoY to Rs 88,489 crore.. EBITDA rose 52.9… Continue reading Tata Motors returns to profitability with a net profit of Rs 2,958 cr in Q3FY23
Author: Autocar_Professional India Online News
Bajaj Auto Q3 PAT up 23% at Rs 1,491 crore
Homegrown automaker Bajaj Auto on Wednesday reported standalone net profit of Rs 1,491.42 crore for the quarter ended 31 December, 2022 registering a growth of 22.8 percent from a year ago. The Pune-based company’s profit stood at Rs 1,214 crore in the year-ago period, Bajaj Auto said in a release. Meanwhile, the company’s revenue from… Continue reading Bajaj Auto Q3 PAT up 23% at Rs 1,491 crore
Zypp Electric launches ZyppDash fleet management dashboard
With a fleet of 8000 vehicles EV as a service provider, Zypp Electric has launched ZyppDash – EV Fleet Management Dashboard to track the real-time location of their fleet operators’ vehicle and rider info which delivery partners can manage on duty riders and allot orders through the application. Zypp which has the backing of India’s… Continue reading Zypp Electric launches ZyppDash fleet management dashboard
Zypp Electric launches ZyppDash fleet management dashboard
With a fleet of 8000 vehicles EV as a service provider, Zypp Electric has launched ZyppDash – EV Fleet Management Dashboard to track the real-time location of their fleet operators’ vehicle and rider info which delivery partners can manage on duty riders and allot orders through the application. Zypp which has the backing of India’s… Continue reading Zypp Electric launches ZyppDash fleet management dashboard
National permit registration jumped 51% in April-December’ 22 to 10.36 lakh units
National permit registration jumped 51% in April-December’ 22 to 10.36 lakh units In what could be an indication of a strong sustained demand for commercial vehicles, the number of trucks registered for national permits reached an estimated 10.36 lakh between April and December 2022, representing a nearly 51% increase over the same period in 2021,… Continue reading National permit registration jumped 51% in April-December’ 22 to 10.36 lakh units
Head of Sales and Head of Marketing at Skoda Auto quits
Czech carmaker Skoda Auto India has seen series of top of level exits. The head of sales, Ajay Raghuvanshi and head of marketing of the company Tarun Jha have put in their papers, say people in the know. Autocar Professional learns, the same was communicated to the dealer partners this week. This would mean that… Continue reading Head of Sales and Head of Marketing at Skoda Auto quits
Head of Sales and Head of Marketing at Skoda Auto quits
Czech carmaker Skoda Auto India has seen series of top of level exits. The head of sales, Ajay Raghuvanshi and head of marketing of the company Tarun Jha have put in their papers, say people in the know. Autocar Professional learns, the same was communicated to the dealer partners this week. This would mean that… Continue reading Head of Sales and Head of Marketing at Skoda Auto quits
Okinawa Autotech opens R&D Centre in Italy, to unveil electric cruiser soon
Okinawa Autotech, one of India’s leading electric two-wheeler manufacturers, has inaugurated its first research and development centre in Italy, in association with its joint venture partner Tacita. The company plans to invest 25 million euros (Rs 220 crore) over the next three years in the new facility. The new Centre of Technology will be headed… Continue reading Okinawa Autotech opens R&D Centre in Italy, to unveil electric cruiser soon
Okinawa Autotech opens R&D Centre in Italy, to unveil electric cruiser soon
Okinawa Autotech, one of India’s leading electric two-wheeler manufacturers, has inaugurated its first research and development centre in Italy, in association with its joint venture partner Tacita. The company plans to invest 25 million euros (Rs 220 crore) over the next three years in the new facility. The new Centre of Technology will be headed… Continue reading Okinawa Autotech opens R&D Centre in Italy, to unveil electric cruiser soon
Dhoot Transmission to set up new factory in the UK
Dhoot Transmission, the Maharashtra-based manufacturer of wiring harness, automotive switches, electronic sensors and controllers, connectors and terminals, automotive cables and power cords for OEMs, has announced plans to set up a new factory in the UK. Parkinson Harness Technology, Dhoot Transmission’s international subsidiary which currently rents two sites in Boston, plans to bring its workforce… Continue reading Dhoot Transmission to set up new factory in the UK