Above (L-R): Akio Toyoda, Koji Sato and Takeshi Uchiyamada. (Photo: Noriaki Mitsuhashi/N-RAK Photo Agency) Lexus and Gazoo Racing boss Koji Sato will take over as Toyota CEO from April, as Akio Toyoda becomes the company’s new chairman. Current chairman Takeshi Uchiyamada – chief engineer of the original Toyota Prius – will retain a seat on the board. Sato became president of Lexus… Continue reading Toyota appoints Lexus boss as its new CEO, Akio Toyoda becomes Toyota chairman
Author: Autocar_Professional India Online News
Smart locks for two-wheelers to be key growth drivers for Tier 1 suppliers
On January 23, India’s largest-selling scooter – the Honda Activa – received a major technological upgrade in the form of a new smart-lock system that allows features like remote lock-unlock as well as accurately finding the location of one’s two-wheeler in a busy parking lot at the press of a button on the key fob.… Continue reading Smart locks for two-wheelers to be key growth drivers for Tier 1 suppliers
Honda and GS Yuasa to develop high-capacity, high-output lithium-ion battery
Honda Motor Co and GS Yuasa have announced that they have reached a basic agreement toward collaboration for a high-capacity, high-output lithium-ion battery. The two companies will discuss specifics with the goal of establishing a joint venture company by the end of 2023. In order to address the rapidly growing demand for batteries, the two companies plan… Continue reading Honda and GS Yuasa to develop high-capacity, high-output lithium-ion battery
Honda and GS Yuasa to develop high-capacity, high-output lithium-ion battery
Honda Motor Co and GS Yuasa have announced that they have reached a basic agreement toward collaboration for a high-capacity, high-output lithium-ion battery. The two companies will discuss specifics with the goal of establishing a joint venture company by the end of 2023. In order to address the rapidly growing demand for batteries, the two companies plan… Continue reading Honda and GS Yuasa to develop high-capacity, high-output lithium-ion battery
Porsche India sells record 779 cars and SUVs in 2022, notches 64% growth
Porsche India has announced that 2022 has been its best year in terms of sales in the country. The German manufacturer sold a total of 779 cars and SUVs last year and its EV – the Taycan – accounted for 10% of entire sales. Worldwide sales for Porsche in 2022 were sold 309,884 vehicles, an increase of 3%… Continue reading Porsche India sells record 779 cars and SUVs in 2022, notches 64% growth
Lamborghini India achieves best-ever annual sales in CY2022
In line with the global sales trend for luxury carmakers last year, Lamborghini too has announced record global sales for CY2022 – 9,233 cars – and an increase of 10% over CY2021 numbers. Of this, the India market contributed 92 units, which is Lamborghini India’s best-ever annual sales to date and a year-on-year growth of 33… Continue reading Lamborghini India achieves best-ever annual sales in CY2022
Shriram Pistons & Rings readies solutions for CNG, LNG powertrains, eyes growth in EV business
Shriram Pistons & Rings readies solutions for CNG, LNG powertrains, eyes growth in EV business Shriram Pistons & Rings (SPRL), a leading Indian component player in the conventional-powertrain domain, has reaffirmed its commitment to the internal-combustion engine (ICE), even as it simultaneously gears up to cater to the future industry requirements of clean mobility technologies.… Continue reading Shriram Pistons & Rings readies solutions for CNG, LNG powertrains, eyes growth in EV business
Tata Motors returns to profitability with a net profit of Rs 2,958 cr in Q3FY23
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
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