Sona BLW Precision Forgings Ltd (Sona Comstar) has reported a 16% on-year growth in its net profit for the second quarter of financial year 2025 with a 17% increase in its revenue from operations. The Gurugram-based auto components maker clocked Rs 143.94 crore as consolidated net profit, against Rs 123.85 crore in the year-ago quarter.… Continue reading Sona Comstar Q2 results: Consolidated net profit grows 16% YoY
Author: Autocar_Professional India Online News
Uber Auto and Moto to contribute Rs 36,000 crores to India’s economy in 2024: Report
Uber, a prominent ride-hailing app in India, has published its 2024 India Economic Impact Report, prepared by research firm Public First. The report underscores Uber’s efforts on India’s on-demand economy. After over a decade of operation in the country, Uber has adapted its services to meet various travel needs, ranging from local commutes to intercity… Continue reading Uber Auto and Moto to contribute Rs 36,000 crores to India’s economy in 2024: Report
Terra Charge expands hospitality partnerships, Adds 64 new clients in 2024
Terra Charge, a charging point operator (CPO) and provider of charging infrastructure solutions, expanded its client base in 2024, adding 64 new partners in India and bringing its global total to over 200. The company has formed associations with well-known brands in the hospitality sector, including The Leela Palace Hotels and Resorts in Delhi, Hyatt… Continue reading Terra Charge expands hospitality partnerships, Adds 64 new clients in 2024
Ashok Leyland hosts ‘Mini Expo’ in Jamshedpur to showcase advanced medium and heavy commercial vehicles
Ashok Leyland, the flagship company of the Hinduja Group and a leading commercial vehicle manufacturer in India, organized a ‘Mini Expo’ in Jamshedpur to showcase its latest innovations in Medium and Heavy Commercial Vehicles (MHCV). Jamshedpur is one of 11 locations across India selected for this event, reflecting the company’s focus on customer engagement and… Continue reading Ashok Leyland hosts ‘Mini Expo’ in Jamshedpur to showcase advanced medium and heavy commercial vehicles
Rapido collaborates with IndoFast Energy to deploy 10,000 swappable Piaggio EVs across India
Rapido has announced a collaboration with IndoFast Energy, a joint venture between IndianOil and SUN Mobility, to deploy 10,000 Piaggio electric vehicles (EVs) with swappable batteries across India. As part of this project, IndoFast Energy plans to install over 100 battery swapping stations in Hyderabad and more than 200 stations in Bangalore by the end… Continue reading Rapido collaborates with IndoFast Energy to deploy 10,000 swappable Piaggio EVs across India
Gestamp showcases latest lightweighting innovations and technologies at IZB
Gestamp, the leading global automotive supplier specializing in the design, development, and production of highly engineered technological automotive components, is among the many participants at the 12th International Suppliers Fair (IZB) in Wolfsburg, Germany (October 22-24). With the automotive industry increasingly focused on electrification, connectivity, sustainability, and safety, the demand for lightweight and top safety… Continue reading Gestamp showcases latest lightweighting innovations and technologies at IZB
Gestamp showcases latest lightweighting innovations and technologies at IZB
Gestamp, the leading global automotive supplier specializing in the design, development, and production of highly engineered technological automotive components, is among the many participants at the 12th International Suppliers Fair (IZB) in Wolfsburg, Germany (October 22-24). With the automotive industry increasingly focused on electrification, connectivity, sustainability, and safety, the demand for lightweight and top safety… Continue reading Gestamp showcases latest lightweighting innovations and technologies at IZB
How Hyundai Motor is strengthening its commitment to India with a strategic NSE listing
Hyundai Motor Company is poised to significantly expand its influence over the third-largest Asian economy, following the listing of its Indian subsidiary, by solidifying its long-term presence in the country. By accessing local capital markets, Hyundai can tap into Indian investments, allowing the company to reinvest locally and support its expansion plans. This move aligns… Continue reading How Hyundai Motor is strengthening its commitment to India with a strategic NSE listing
Toyota Taisor sells 13,496 units in 5 months, contributes 11% to TKM’s utility vehicle dispatches
The Toyota Urban Cruiser Taisor compact SUV, launched on April 3, 2024 but whose deliveries began in May, has clocked five-month wholesales of 13,496 units till end-September 2024, as per SIAM data for passenger and utility vehicles. This makes for average monthly sales of 2,699 units. Of TKM’s total UV sales of 123,683 units in… Continue reading Toyota Taisor sells 13,496 units in 5 months, contributes 11% to TKM’s utility vehicle dispatches
Remsons acquires 51% stake in BEE Lighting (UK)
Remsons Holding, a wholly-owned subsidiary of Remsons Industries, has acquired a 51% equity stake in Bee Lighting (UK), as it looks to diversify into new segments such as automotive lighting. Remsons Industries, provides control cables, gear shifters, sensors, and winches. Bee Lighting specialises in automotive headlamps, rear lamps and other external and internal lighting solutions. The… Continue reading Remsons acquires 51% stake in BEE Lighting (UK)