Author: Autocar_Professional India Online News

Amara Raja Batteries reports 5 percent increase in Q1 PAT

Amara Raja Batteries has reported profit before tax of Rs 176.96 crore for Q1 of FY 23 which is a growth of 33 percent over Q4 of FY22. For the quarter ended June 30, 2021, the company recorded revenues from operations of 2,620.00 crore as against Rs 1,885.86 crore in the year-earlier quarter, up by 39… Continue reading Amara Raja Batteries reports 5 percent increase in Q1 PAT

Vitesco Technologies joins swappable batteries motorcycle consortium

Vitesco Technologies enters the consortium with the focus of standardizing and industrializing battery management systems. Vitesco Technologies, an innovative international manufacturer of modern drive technologies and electrification solutions, has joined the Swappable Batteries Motorcycle Consortium (SBMC). The Consortium was established in March 2021 by four global players in two-wheeler manufacturing – Honda, KTM, Piaggio, and… Continue reading Vitesco Technologies joins swappable batteries motorcycle consortium

Honda India Foundation sets up its first rider-driver training institute at Karnal

Honda India Foundation (HIF), in association with the government of Haryana, today inaugurated the Institute of Driving Training and Research (IDTR) and a Community Park in Karnal, Haryana. The Institute of Driving Training and Research (IDTR) and also a Community Park were inaugurated by the Chief Minister of Haryana, Manohar Lal Khattar; Moolchand Sharma, Transport… Continue reading Honda India Foundation sets up its first rider-driver training institute at Karnal

Mercedes-Benz targets Ahmedabad as emerging market for AMGs

Mercedes-Benz India has inaugurated the country’s first ‘Integrated AMG Performance Centre MAR2020’ outlet in one of the key emerging markets for luxury and performance cars – Ahmedabad. The AMG Performance Centre is strategically located in the city’s prime locale of Thaltej. Martin Schwenk, Managing Director and CEO, and Sanjay Thakker, Chairman & Founder of Group… Continue reading Mercedes-Benz targets Ahmedabad as emerging market for AMGs

Trading in counterfeit products on online platforms further increasing: Mercedes-Benz

The global trade in counterfeit Mercedes-Benz products continues to increase. In 2021 alone, more than 1.86 million counterfeit products were seized in over 650 raids. This is a significant increase of around 6% compared to the previous year, 2020. Counterfeit products are not only illegal, they are also relevant to safety and can endanger the… Continue reading Trading in counterfeit products on online platforms further increasing: Mercedes-Benz

China losing its edge an opportunity for India: Anand Mahindra

Anand Mahindra: “Unshackling ourselves from China is a good development for the rest of the world and long overdue. Nature abhors a vacuum, and other countries, including ours, will rush to fill it.” The global semiconductor supply chain disruption, which began over two years ago and continues to impact the automotive industry adversely in the… Continue reading China losing its edge an opportunity for India: Anand Mahindra

EV Expo 2022 opens at Pragati Maidan

The 15th EV Expo has opened at Hall No. 11 in Pragati Maidan in New Delhi. The three-day event (August 5-7) is showcasing products from over 100 companies including two-, three- and four-wheeled EVs along with parts, charging solutions and technologies. The EV expo was inaugurated by Bhanu Pratap Singh Verma, Minister of State, Ministry… Continue reading EV Expo 2022 opens at Pragati Maidan

India can be a credible supply chain partner: Anand Mahindra

Mahindra Group chairman, Anand Mahindra said, “Unshackling from China is a good development for India and other nations. The country stands to gain with the latest geopolitical alignment, especially with high-tech defence, EVs, and even solar, as sunrise sectors will boost domestic employment and manufacturing.” He was addressing shareholders virtually at the company’s 76th AGM.… Continue reading India can be a credible supply chain partner: Anand Mahindra

VECV unveils new inter-city bus range

VE Commercial Vehicles unveiled the next-gen Volvo and Eicher intercity buses at Prawaas 3.0. The event which is in its third edition is ongoing in Hyderabad. The buses on display include the newly-launched Volvo 9600 15m and 13.5m intercity coaches, which have been inspired by award-winning European designs, and the Eicher 13.5m intercity bus.  As… Continue reading VECV unveils new inter-city bus range