Category: Automotive

Hero MotoCorp backed Ather Energy faces Rs 864.50 crore net loss

Ather Energy, backed by Hero MotoCorp, has reported a significant net loss of Rs 864.50 crore for the fiscal year ending in March 2023. This represents a staggering 151.24% drop compared to the previous year’s figure of Rs 344.10 crore. However, the company’s operating revenues during the same period experienced a remarkable surge, rising by… Continue reading Hero MotoCorp backed Ather Energy faces Rs 864.50 crore net loss

Hero MotoCorp backed Ather Energy faces Rs 864.50 crore net loss

Ather Energy, backed by Hero MotoCorp, has reported a significant net loss of Rs 864.50 crore for the fiscal year ending in March 2023. This represents a staggering 151.24% drop compared to the previous year’s figure of Rs 344.10 crore. However, the company’s operating revenues during the same period experienced a remarkable surge, rising by… Continue reading Hero MotoCorp backed Ather Energy faces Rs 864.50 crore net loss

Overwhelming response to Rumion MPV compels Toyota Kirloskar to stop taking CNG variant bookings 

Toyota Kirloskar’s re-entry into mainstream multi-purpose vehicle market with Rumion – sourced from alliance partner Suzuki, has got off to a very good start, compelling the company to stop the bookings for the E-CNG option for the MPV. In an official statement, Toyota Kirloskar said since the launch of Rumion in August, the company has received… Continue reading Overwhelming response to Rumion MPV compels Toyota Kirloskar to stop taking CNG variant bookings 

MG Hector and Hector Plus prices cut by up to Rs 1.37 lakh

MG Motor India has significantly slashed prices for both the Hector and Hector Plus SUVs – the former by up to Rs 1.29 lakh and the latter by up to 1.37 lakh. It is the diesel version of both SUVs that see the maximum drop in price. This could be in response to slow sales as both SUVs are selling… Continue reading MG Hector and Hector Plus prices cut by up to Rs 1.37 lakh

MotoGP India riders applaud BIC layout, yet express concerns over run-off areas

At long last (and not without hiccups), the travelling circus that is the MotoGP paddock has arrived at our very own Buddh International Circuit (BIC). Though track action is yet to kick off, the riders have had a chance to explore the circuit on foot and bicycle. We caught up with some of the top… Continue reading MotoGP India riders applaud BIC layout, yet express concerns over run-off areas

AMPL unveils new service facility in Renigunta, Andhra Pradesh

Automotive Manufacturer’s (AMPL) today inaugurated their State of the Art service facility at Renigunta, Andhra Pradesh. Strategically situated on NH 716, this facility serves as a vital junction connecting all southern states. Automotive is one of the largest dealers of Ashok Leyland, with an extensive network of 104 service touchpoints spanning six states including Andhra Pradesh,… Continue reading AMPL unveils new service facility in Renigunta, Andhra Pradesh