New Delhi: Mahindra & Mahindra (M&M) on Friday reported a growth of 418% in its consolidated profit (after exceptional items) to INR 2,195.54 crore in the first quarter of the current fiscal year, as against a profit of INR 423.88 crore in the corresponding period of last fiscal. During April-June 2022, Mahindra’s consolidated revenue from… Continue reading Led by auto and farm sectors M&M Q1 FY23 profit jumps to INR 2,196 cr
Category: Automotive
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
Telecom companies have key role in India’s EV story
Amit Sathpathy, EVP, Head-IoT, Vodafone Idea Telecom companies are an integral part of the electric vehicle revolution, setting the foundation for timely information extraction, transmission, and scheduling including charging, health monitoring, battery management, etc. Having global expertise in the connected car solutions and automotive space, companies such as Vodafone Idea are facilitating several functions across… Continue reading Telecom companies have key role in India’s EV story
M&M’s PAT up 67 percent in Q1
Mahindra & Mahindra delivered its the highest ever quarterly sales volumes with 74 percent growth selling 1,49,803 vehicles in the quarter under review, as compared to 85,858 vehicles in the year-ago period, The farm-to-SUV automaker clocked 75,500 units for its SUVs and 46,000 units for its pik-ups claiming an overall higher operating profit margin of… Continue reading M&M’s PAT up 67 percent in Q1
@Ford: Lincoln and Shinola Team Up to Design Lincoln 100th Anniversary Timepieces
DETROIT, Mich., Aug. 5, 2022 – Two Detroit-based brands, both with a passion for design, are once again teaming up to create two timepieces – a testament to both brands’ craftsmanship and attention to detail, marking Lincoln’s centennial celebration. This collaboration builds off the success of last year’s Aviator Shinola® Concept. The Shinola Runwell® styles… Continue reading @Ford: Lincoln and Shinola Team Up to Design Lincoln 100th Anniversary Timepieces
@BMW: Technical innovations for the win at the racetrack: BMW Motorrad Motorsport and partner ZF.002180
Munich. Technological collaboration is an important component of success at the racetrack. A perfect example of this is BMW Motorrad Motorsport and ZF’s partnership in the FIM Endurance World Championship (FIM EWC). As of this season they are working together on developing new spring damper elements for the #37 BMW M 1000 RR of BMW… Continue reading @BMW: Technical innovations for the win at the racetrack: BMW Motorrad Motorsport and partner ZF.002180
@BMW: 50 Years of BMW M and 20th BMW M Award: the first BMW M3 Competition Touring as exclusive prize for the 2022 winner.002179
Munich. Since 2003, the BMW M Award has been an integral component of the close partnership between BMW M GmbH and MotoGP™ rights owner Dorna Sports. There is a double anniversary to celebrate this year: BMW M GmbH is celebrating its 50th birthday and the coveted prize for the fastest MotoGP™ qualifier is being awarded… Continue reading @BMW: 50 Years of BMW M and 20th BMW M Award: the first BMW M3 Competition Touring as exclusive prize for the 2022 winner.002179
AAM to Present at J.P. Morgan Auto Conference on August 10
DETROIT, Aug. 5, 2022 /PRNewswire/ — American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in J.P. Morgan’s Auto Conference on August 10. AAM is scheduled to present at 8:00 a.m. ET. A live audio webcast will be accessible through the Investor Relations page on AAM’s website (www.aam.com). A replay of the webcast… Continue reading AAM to Present at J.P. Morgan Auto Conference on August 10
PROTECT YOUR RIDE! MOTORCYCLE THEFTS ARE ON THE RISE FOR SECOND YEAR IN A ROW
Motorcycle thefts are up 26%, according to a new NICB report DES PLAINES, Ill., Aug. 5, 2022 /PRNewswire/ — It might be a beautiful summer day for a ride, but motorcycle owners should know there is a higher chance of theft as they hit the road. Motorcycles have been increasingly targeted for theft, according to… Continue reading PROTECT YOUR RIDE! MOTORCYCLE THEFTS ARE ON THE RISE FOR SECOND YEAR IN A ROW
AMETEK Declares Quarterly Dividend
BERWYN, Pa., Aug. 5, 2022 /PRNewswire/ — The Board of Directors of AMETEK, Inc. (NYSE: AME) declared a regular quarterly dividend of $0.22 per share for the third quarter ending September 30, 2022. This third quarter dividend is payable September 30, 2022 to shareholders of record as of September 14, 2022. Corporate ProfileAMETEK is a… Continue reading AMETEK Declares Quarterly Dividend