Ashok Minda-promoted Minda Corporation has posted a 48 percent rise in net profit for the second quarter of FY23 on the back of strong volume growth across its businesses. The flagship company of Spark Minda group recorded a profit of Rs 57.8 crore for Q2FY23 as compared to the Rs 39.1 crore net profit it… Continue reading Minda Corporation Q2 net profit rises 48 percent to Rs 578 crore
Category: US Motoring Press
Minda Corporation Q2 net profit rises 48 percent to Rs 578 crore
Ashok Minda-promoted Minda Corporation has posted a 48 percent rise in net profit for the second quarter of FY23 on the back of strong volume growth across its businesses. The flagship company of Spark Minda group recorded a profit of Rs 57.8 crore for Q2FY23 as compared to the Rs 39.1 crore net profit it… Continue reading Minda Corporation Q2 net profit rises 48 percent to Rs 578 crore
Qualcomm and Renault to co-develop high-performance platform for software-defined vehicles
Qualcomm and Renault to co-develop high-performance platform for software-defined vehicles Renault Group and Qualcomm Technologies have announced today that the companies intend to take their technology collaboration one step further with plans to deliver a centralised compute architecture for Renault’s next-generation of software-defined vehicles. Known as ‘Software-Defined Vehicle (SDV) Platforms,’ the high-performance automotive platforms would… Continue reading Qualcomm and Renault to co-develop high-performance platform for software-defined vehicles
TVS Motor helps create new Lord Bhattacharyya Chair in Engineering Education at WMG
TVS Motor helps create new Lord Bhattacharyya Chair in Engineering Education at WMG Pictured above: (L-R) Professor Stuart Croft, Vice-Chancellor & President, University of Warwick; Venu Srinivasan, Chairman Emeritus & MD of TVS Motor Co, and Director of Tata Sons; Professor Sir Ralf Speth, Chairman of TVS Motor Co, Director of Tata Sons, and former CEO… Continue reading TVS Motor helps create new Lord Bhattacharyya Chair in Engineering Education at WMG
Audi India launches Q5 special edition at Rs 60.50 lakh
Luxury carmaker Audi India has launched the Audi Q5 special edition in three variants with pricing starting at Rs 60.50 lakh through to Rs 67.05 lakh. The Audi Q5 special edition comes in two exclusive exterior colours – District Green and Ibis White. The Audi Q5 special edition features equipment enhancements including a new black… Continue reading Audi India launches Q5 special edition at Rs 60.50 lakh
Renault and Geely to set up new global company for next-gen powertrains
Geely Holding Group (Geely Holding), Geely Automobile Holdings and the Renault Group have signed a non-binding framework agreement to create a new global leader to develop, manufacture and supply best-in-class hybrid powertrains and highly efficient internal combustion powertrains (ICE). On completion, the new company will be a standalone global supplier of complete ICE solutions, producing next-generation hybrid propulsion systems and… Continue reading Renault and Geely to set up new global company for next-gen powertrains
Volvo Cars divests its stake in engine maker Aurobay to Geely
Volvo Cars, which is aiming to go fully electric by 2030, has divested its 33 percent holding in Aurobay to Geely Holding. Aurobay, which develops and produces powertrain solutions for a global market, is a global supplier of propulsion technology, development services and contract manufacturing with manufacturing capabilities in two continents. It produces high-efficiency,… Continue reading Volvo Cars divests its stake in engine maker Aurobay to Geely
Spanish EV maker Urbet to reveal maxi-scooter Gran Via at EICMA
Spanish electric mobility brand Urbet is making a splash at EICMA, the world’s best-known two-wheeler trade fair which opens in Milan, Italy today and goes on till November 13. The Marbella-based EV maker aims to use EICMA as a platform to target different European markets and also showcase its existing range as well as new… Continue reading Spanish EV maker Urbet to reveal maxi-scooter Gran Via at EICMA
Spanish EV maker Urbet to reveal maxi-scooter Gran Via at EICMA
Spanish electric mobility brand Urbet is making a splash at EICMA, the world’s best-known two-wheeler trade fair which opens in Milan, Italy today and goes on till November 13. The Marbella-based EV maker aims to use EICMA as a platform to target different European markets and also showcase its existing range as well as new… Continue reading Spanish EV maker Urbet to reveal maxi-scooter Gran Via at EICMA
New 2024 Maserati Quattroporte to launch as EV-only grand tourer
The all-new Maserati Quattroporte will arrive in 2024, becoming the only saloon sold by the brand within a streamlined line-up. Adopting Maserati’s Folgore suffix (Italian for ‘lightning’), it will return as a zero-emissions four-door grand tourer, sitting between the Levante SUV – which will also go electric-only for its second generation in 2025 – and… Continue reading New 2024 Maserati Quattroporte to launch as EV-only grand tourer