As the world quickly transitions to the zero-emission mobility space, the global automotive component maker, Germany-based Mahle is banking on India to serve the global internal combustion engine markets in the coming decade and a half as a key production hub. Martin Wellhoffer, Mahle’s corporate executive vice president of sales, told Autocar Professional, his company’s… Continue reading It’s not all over yet for ICE component makers: Mahle
Category: US Motoring Press
Sundram Fasteners reports Rs 106.13 crore profit in Q3
Sundram Fasteners (SFL) reported a net profit of Rs 106.13 crore for the quarter ended December 31, 2022 as against net profit of Rs. 103.34 Crores during the same period in the previous year. Revenue from operations stood at Rs. 1,226.87 crores for the quarter ended December 31, 2022 as against Rs. 1,024.25 crores during the… Continue reading Sundram Fasteners reports Rs 106.13 crore profit in Q3
TVS Motor targets sale of 100,000 iQubes in FY2023, plots series of new EVs by mid-2024
TVS Motor targets sale of 100,000 iQubes in FY2023, plots series of new EVs by mid-2024 In sync with the growing demand for electric scooters in India, TVS Motor Co is witnessing strong customer response to its sole EV in the market – the iQube. In the ongoing fiscal’s first three quarters, which saw total… Continue reading TVS Motor targets sale of 100,000 iQubes in FY2023, plots series of new EVs by mid-2024
TVS Motor targets sale of 100,000 iQubes in FY2023, plots series of new EVs by mid-2024
TVS Motor targets sale of 100,000 iQubes in FY2023, plots series of new EVs by mid-2024 In sync with the growing demand for electric scooters in India, TVS Motor Co is witnessing strong customer response to its sole EV in the market – the iQube. In the ongoing fiscal’s first three quarters, which saw total… Continue reading TVS Motor targets sale of 100,000 iQubes in FY2023, plots series of new EVs by mid-2024
Growth-oriented Budget to be demand accelerator for India Auto Inc
The Union Budget 2023-24, which was presented by Finance Minister Nirmala Sitharaman in the Parliament on February 1, comes out as a growth-oriented plan with emphasis on measures to stimulate demand as well as positively impact the supply chain to sustain momentum in the Indian economy. The government maintained its focus to strengthen infrastructure development… Continue reading Growth-oriented Budget to be demand accelerator for India Auto Inc
India’s Top 6 carmakers start 2023 with strong sales in January
India’s passenger vehicle industry exited CY2022 on a very strong note – over 3.8 million units and 24% year-on-year growth. Now, the top six players, some of whom recorded their best-ever annual sales last year, are maintaining their ‘run rate’ in CY2023. The top six players – Maruti Suzuki, Hyundai Motor India, Tata Motors, Mahindra… Continue reading India’s Top 6 carmakers start 2023 with strong sales in January
New Nissan Max-Out is tech-focused EV sports car
Nissan has revealed an outlandish zero-emissions sports car concept, which, the firm says, represents its ambitions to develop sustainability and “innovative mobility”, and brings “zero-emissions mobility to the max”. Previously seen in only digital form, the forward-thinking Nissan Max-Out concept takes the shape of a two-seat convertible. The firm added today that the Max-Out has also… Continue reading New Nissan Max-Out is tech-focused EV sports car
Euro 7: Renault boss warns of factory closures as car costs soar
Pushing through Euro 7 emissions regulations as currently proposed could push new car prices up by €2000 (£1800), reducing demand to the point that Renault would need to close up to four factories in Europe, CEO Luca de Meo has claimed. Car makers have expressed anger at the timings and the scope of the proposals, due to come… Continue reading Euro 7: Renault boss warns of factory closures as car costs soar
Klaus Zellmer: Ex-Porsche boss unwraps plan for Skoda reinvention
The brand will always stay in “value for money” territory, he says, with today’s £17,000 Fabia currently at the entry point and the Scala, based on the VW’s Group’s A0 city car platform, the most recent arrival in that arena. Simply Clever will stay, too, says Zellmer. He has teams at work right now on… Continue reading Klaus Zellmer: Ex-Porsche boss unwraps plan for Skoda reinvention
Audi A6 E-tron due in early 2024 with saloon, estate and hot RS6
The Audi A6 will gain an electric equivalent in 2024, complete with an Avant-badged version that’s set to be the one of the first electric executive estates on sale. Ingolstadt’s answer to the upcoming 2023 BMW i5 will be heavily based on last year’s acclaimed Audi A6 E-tron and A6 Avant E-tron concepts – with minimal… Continue reading Audi A6 E-tron due in early 2024 with saloon, estate and hot RS6