Ramkrishna Forgings registered an 18% drop in consolidated net profit to Rs 68.45 crore during Q4FY23, as against Rs 83.93 crore in the same period last year. However, revenue from the operation grew 31% during the quarter under review to Rs 194 during Q4FY23 when compared to Rs 147.68 crore. On an annual basis, during FY23,… Continue reading Ramkrishna Forgings’ net profit drops 18% during Q4FY23
Category: US Motoring Press
ARAI seminar on Hydrogen to focus on green fuels’ role as a carbon neutral fuel for internal combustion engines
ARAI seminar on Hydrogen to focus on green fuels’ role as a carbon neutral fuel for internal combustion engines The Automotive Research Association of India (ARAI) has organised a one-day seminar on Hydrogen as a Carbon Neutral Fuel for internal combustion engines (ICE) at its Kothrud campus in Pune. The Seminar which will see industry… Continue reading ARAI seminar on Hydrogen to focus on green fuels’ role as a carbon neutral fuel for internal combustion engines
ARAI seminar on Hydrogen to focus on green fuels’ role as a carbon neutral fuel for internal combustion engines
ARAI seminar on Hydrogen to focus on green fuels’ role as a carbon neutral fuel for internal combustion engines The Automotive Research Association of India (ARAI) has organised a one-day seminar on Hydrogen as a Carbon Neutral Fuel for internal combustion engines (ICE) at its Kothrud campus in Pune. The Seminar which will see industry… Continue reading ARAI seminar on Hydrogen to focus on green fuels’ role as a carbon neutral fuel for internal combustion engines
Volvo Trucks India delivers 325th tractor-trailer to Delhivery, gets letter of intent for 200 more
Volvo Trucks India delivers 325th tractor-trailer to Delhivery, gets letter of intent for 200 more Volvo Trucks India, a division of VE Commercial Vehicles, has delivered its 325th tractor-trailer to Delhivery Ltd, India’s largest fully-integrated logistics services provider, for express and B2B logistics operations. Roger Alm, EVP of Volvo Group and President of Volvo Trucks,… Continue reading Volvo Trucks India delivers 325th tractor-trailer to Delhivery, gets letter of intent for 200 more
Exclusive: ICAT plans new ADAS test track, software and electronics labs
The Manesar-based International Centre for Automotive Technology (ICAT), the nodal automotive research, testing and development agency in North India, is planning to expand its infrastructure to cater to the growing demand for the CASE (Connected, Autonomous, Shared, Electric) megatrend. ICAT, which has a test track, vehicle crash lab, EMC, NVH, and tyre-testing labs among others,… Continue reading Exclusive: ICAT plans new ADAS test track, software and electronics labs
Daimler Truck launches Rizon medium-duty electric trucks in the US
The Daimler Truck group has announced the launch of a line of electric trucks in the US market under the new Rizon brand name. The Rizon brand and its vehicle offerings will be presented to the public for the first time at the Advanced Clean Transportation (ACT) Expo, scheduled to run from May 1-4, 2023… Continue reading Daimler Truck launches Rizon medium-duty electric trucks in the US
Daimler Truck launches Rizon medium-duty electric trucks in the US
The Daimler Truck group has announced the launch of a line of electric trucks in the US market under the new Rizon brand name. The Rizon brand and its vehicle offerings will be presented to the public for the first time at the Advanced Clean Transportation (ACT) Expo, scheduled to run from May 1-4, 2023… Continue reading Daimler Truck launches Rizon medium-duty electric trucks in the US
GM looks to turn former Pistons’ Palace site in Auburn Hills to an EV parts plant
General Motors is looking to build a new parts plant to support its production of electric vehicles in Auburn Hills at the site the Palace once occupied, the automaker confirmed Friday. The automaker plans to spend $200 million on the parts plant, which will support the assembly of the 2024 Chevrolet Silverado EV pickup, and… Continue reading GM looks to turn former Pistons’ Palace site in Auburn Hills to an EV parts plant
GM CEO Mary Barra’s 2022 compensation revealed
General Motors Chair and CEO Mary Barra took home slightly less money last year than she did in 2021, largely because her bonus shrank. But she still remains the highest paid CEO of the Detroit Three automakers. GM’s CFO Paul Jacobson and President Mark Reuss both saw a hike in total compensation due in part… Continue reading GM CEO Mary Barra’s 2022 compensation revealed
GM to invest $100 million in Michigan facility to improve worker safety and productivity
General Motors will invest $100 million in its Customer Care and Aftersales Davison Road Processing Center in Burton over three years to improve technologies to modernize warehouse operations. The result will be safer workplace safety and modernized operations to prepare for industry growth, GM said Friday. “We are proactively investing in our workforce by reimagining… Continue reading GM to invest $100 million in Michigan facility to improve worker safety and productivity