New-look Kia EV6 boosts range and upgrades tech

The Kia EV6 has received a major update that brings its styling into line with its newer siblings, as well as a new battery that boosts its range. The new look brings adaptive LED headlights inspired by those on the larger Kia EV9, plus the upcoming EV3 and EV5. The front grilles have also been expanded,… Continue reading New-look Kia EV6 boosts range and upgrades tech

Apollo Tyres’ APMEA President Satish Sharma to retire

Apollo Tyres Ltd today said Satish Sharma, President of the company’s Asia Pacific, Middle East, and Africa (APMEA) division will retire from the company on May 31.  “Satish Sharma wishes to take early retirement to pursue his personal interests and hence has tendered his resignation as a Whole-time Director of the company and consequently as… Continue reading Apollo Tyres’ APMEA President Satish Sharma to retire

Apollo Tyres’ FY24 net profit up 65%; Q4 profit down 14% YoY

Apollo Tyres Ltd today reported a 65 percent on-year growth in its net profit for the financial year 2024 on the back of robust operating performance. However, net profit during the quarter fell around 13.7 percent on a year-on-year basis. The tye maker’s consolidated profit for the full financial year came in at Rs 1,722… Continue reading Apollo Tyres’ FY24 net profit up 65%; Q4 profit down 14% YoY

Tata Motors sees recovery in small commercial vehicles after bottoming out

Tata Motors spoke of a turnaround in the small commercial vehicle (SCV) segment in a post-earnings call with analysts, even as the company held on to its market share in the trucks and intermediate commercial vehicle segment.  “Green shoots are starting to emerge in the small commercial vehicle space as well, which is something that… Continue reading Tata Motors sees recovery in small commercial vehicles after bottoming out

Tata Motors sees recovery in small commercial vehicles after bottoming out

Tata Motors spoke of a turnaround in the small commercial vehicle (SCV) segment in a post-earnings call with analysts, even as the company held on to its market share in the trucks and intermediate commercial vehicle segment.  “Green shoots are starting to emerge in the small commercial vehicle space as well, which is something that… Continue reading Tata Motors sees recovery in small commercial vehicles after bottoming out

Siemens Limited announces Capex of over Rs 1000 crore

Siemens Ltd, a supplier of transmission to transportation sector, announced a capex of over Rs 1000 crore for expanding its factories in India.  Sunil Mathur, Managing Director and CEO, Siemens Limited, said, “Over the past few years, India has made rapid strides as a preferred destination for manufacturing and business. We believe that with the… Continue reading Siemens Limited announces Capex of over Rs 1000 crore

Siemens Limited announces Capex of over Rs 1000 crore

Siemens Ltd, a supplier of transmission to transportation sector, announced a capex of over Rs 1000 crore for expanding its factories in India.  Sunil Mathur, Managing Director and CEO, Siemens Limited, said, “Over the past few years, India has made rapid strides as a preferred destination for manufacturing and business. We believe that with the… Continue reading Siemens Limited announces Capex of over Rs 1000 crore

Siemens Limited announces Capex of over Rs 1000 crore

Siemens Ltd, a supplier of transmission to transportation sector, announced a capex of over Rs 1000 crore for expanding its factories in India.  Sunil Mathur, Managing Director and CEO, Siemens Limited, said, “Over the past few years, India has made rapid strides as a preferred destination for manufacturing and business. We believe that with the… Continue reading Siemens Limited announces Capex of over Rs 1000 crore

After record-breaking FY2024, SUV makers open FY2025 with over 213,000 units in April

As they did in FY2024, the utility vehicle (UV) sub-segment, which comprises UVs, SUVs and MPVs, continues to power sales in the overall passenger vehicle segment which also includes cars, sedans and vans. Also, just as it did in the FY2024 – a 60% share of the 4.21 million-units PV sales with 2.52 million units –… Continue reading After record-breaking FY2024, SUV makers open FY2025 with over 213,000 units in April

US announces 100% tariff on China-made electric vehicles: Report

Joe Biden has announced a 100% tariff on China-made EVs in a series of measures designed to shield American manufacturers from cheap imports, The Guardian reported.  The White House said it was placing more stringent curbs on Chinese goods worth $18bn, according to The Guardian.  Persons in the know informed the publication that this measure… Continue reading US announces 100% tariff on China-made electric vehicles: Report