In the late 1980s, Japan enjoyed a bubble economy. Asset and stock values soared and the middle class got rich. The automotive industry, its biggest by far, went wild, hitting annual production of 13.5 million in 1990 (5.8m up on its 2022 total). This created a combination of vast budgets and high demand for new… Continue reading From the archive: on this day in 1991
Category: US Motoring Press
Ultraviolette launches International-spec F77 for European Markets at EICMA 2023
Ultraviolette Automotive has taken the wraps off the updated F99 electric factory racing platform, which was earlier shown at the Indian Auto Expo. There have been a bunch of changes here now including a liquid-cooled powertrain, active aerodynamics and much more. F99 racing platform This platform has been two years in the making and the… Continue reading Ultraviolette launches International-spec F77 for European Markets at EICMA 2023
Ultraviolette launches International-spec F77 for European Markets at EICMA 2023
Ultraviolette Automotive has taken the wraps off the updated F99 electric factory racing platform, which was earlier shown at the Indian Auto Expo. There have been a bunch of changes here now including a liquid-cooled powertrain, active aerodynamics and much more. F99 racing platform This platform has been two years in the making and the… Continue reading Ultraviolette launches International-spec F77 for European Markets at EICMA 2023
Amazon India launches EV lease program for its last-mile delivery partners
Online retailer Amazon has launched its global last-mile fleet program in India with 100% electric vehicles (EVs), a global first for the company. The program enables Delivery Service Partners (DSPs) to lease a fleet of tailored three-wheeler EVs through a fleet management company. DSPs will get access to zero emission electric vehicles that are safe… Continue reading Amazon India launches EV lease program for its last-mile delivery partners
Amazon India launches EV lease program for its last-mile delivery partners
Online retailer Amazon has launched its global last-mile fleet program in India with 100% electric vehicles (EVs), a global first for the company. The program enables Delivery Service Partners (DSPs) to lease a fleet of tailored three-wheeler EVs through a fleet management company. DSPs will get access to zero emission electric vehicles that are safe… Continue reading Amazon India launches EV lease program for its last-mile delivery partners
Piyush Goyal to meet Elon Musk against backdrop of market entry discussions: Report
Talks between the Tesla CEO and Piyush Goyal will centre on Tesla’s plans to establish a factory, manufacturing a $24,000 car here, besides sourcing components and setting up charging infrastructure pan India, one of the two persons in the know informed the newswire. In what is expected to be the most high profile meeting since Elon… Continue reading Piyush Goyal to meet Elon Musk against backdrop of market entry discussions: Report
Piyush Goyal to meet Elon Musk against backdrop of market entry discussions: Report
Talks between the Tesla CEO and Piyush Goyal will centre on Tesla’s plans to establish a factory, manufacturing a $24,000 car here, besides sourcing components and setting up charging infrastructure pan India, one of the two persons in the know informed the newswire. In what is expected to be the most high profile meeting since Elon… Continue reading Piyush Goyal to meet Elon Musk against backdrop of market entry discussions: Report
Apollo Tyres shifts focus to larger tyre sizes in response to SUV demand
Apollo Tyres, a prominent tyre supplier in the automotive sector, is strategically redirecting its attention towards tyre sizes of 14 inches and above. This decision is a direct response to the surging demand for sports utility vehicles (SUVs), which has led to a noticeable shift in the market’s preference for larger-sized tyres. The shift in… Continue reading Apollo Tyres shifts focus to larger tyre sizes in response to SUV demand
SKF India Q2 FY23-24 net profit down 43%
SKF India, a supplier of bearings to automotive and other sectors, reported a net profit of Rs 899.7 crore during Q2 FY24, translating into a 43% slide against Rs 1558.3 crore registered in Q2 FY23. The operating revenues, on the other hand, improved moderately by 4% to Rs 1,125.2 crore during Q2 FY24 as compared to Rs 1,078.3 crore… Continue reading SKF India Q2 FY23-24 net profit down 43%
SKF India Q2 FY23-24 net profit down 43%
SKF India, a supplier of bearings to automotive and other sectors, reported a net profit of Rs 899.7 crore during Q2 FY24, translating into a 43% slide against Rs 1558.3 crore registered in Q2 FY23. The operating revenues, on the other hand, improved moderately by 4% to Rs 1,125.2 crore during Q2 FY24 as compared to Rs 1,078.3 crore… Continue reading SKF India Q2 FY23-24 net profit down 43%