Category: US Motoring Press

Dacia Spring Cargo unveiled as UK’s cheapest electric van

The Dacia Spring Cargo has been unveiled as a van version of the electric city car, targeting last-mile delivery fleets. At £14,995 (excluding VAT), it is the UK’s cheapest electric van and it also qualifies for the government’s £2500 Plug-in Van Grant. In addition, it is offered on business leasing for £149 per month (excluding VAT),… Continue reading Dacia Spring Cargo unveiled as UK’s cheapest electric van

Hero MotoCorp to start operations in UK, Europe with Vida

Setting eyes on global business and electric mobility, India’s largest two-wheeler maker today announced plans to expand its operations to the United Kingdom and Europe with the Vida brand. The operations are likely to start in 2024-2025. “We will very soon launch operations in the UK and across Europe, led by our electric vehicle brand Vida. This expansion… Continue reading Hero MotoCorp to start operations in UK, Europe with Vida

JK Tyre to hike prices in Q3 amid input cost pressure

JK Tyre & Industries Ltd is likely to further increase the price of its tyres during the October-December quarter to offset the impact of commodity price inflation seen in the previous quarters. The price hike is likely to be in 1-2% and the management does not expect the hike to impact the demand, the company’s… Continue reading JK Tyre to hike prices in Q3 amid input cost pressure

Piaggio group unveils expanded range of Motorbikes and Scooters at EICMA 2024

Aprilia introduces its refreshed lineup, including the awaited Tuareg Rally, inspired by the model that won the Africa Eco Race, and the Tuono 457, a lightweight, high-performance naked sports bike aimed at younger riders. Aprilia also showcases its updated Factory range, featuring prominent models like the RS 660, Tuono 660, Tuono V4, and RSV4, the… Continue reading Piaggio group unveils expanded range of Motorbikes and Scooters at EICMA 2024

Sundram Fasteners reports highest ever consolidated net profit at Rs 143.84 crore in Q2

Sundram Fasteners Limited (SFL’s) consolidated net profit for the quarter ended September 30, 2024 stood at  Rs 143.84 crore as compared to Rs 133.05 crore during the previous year. The company’s consolidated revenue from operations posted for the quarter ended September 30, 2024 was at Rs 1,486.04 crore as compared to Rs 1,421.82 crore during… Continue reading Sundram Fasteners reports highest ever consolidated net profit at Rs 143.84 crore in Q2

EICMA 2024: Honda showcases e-bike concepts, electric scooter

Last year at EICMA, Honda had a diverse lineup on offer and this year too, Big Red continues that trend. The Japanese giant has shown a range of electric scooter and bike concepts at the show, with one e-scooter slated to go into production soon. Honda CUV e: electric scooter The CUV e: electric scooter… Continue reading EICMA 2024: Honda showcases e-bike concepts, electric scooter

EICMA 2024: Honda showcases e-bike concepts, electric scooter

Last year at EICMA, Honda had a diverse lineup on offer and this year too, Big Red continues that trend. The Japanese giant has shown a range of electric scooter and bike concepts at the show, with one e-scooter slated to go into production soon. Honda CUV e: electric scooter The CUV e: electric scooter… Continue reading EICMA 2024: Honda showcases e-bike concepts, electric scooter

JK Tyre Q2FY25 PAT down 42.3%, revenue down 7%

Tyre manufacturer JK Tyre & Industries Ltd, posted a consolidated profit after tax of Rs 144 crore for the quarter ended September 30, a 42.3% decline on-year. Its revenue for the quarter declined 7% to 36.22 billion rupees. The company reported an EBITDA of Rs 443 crore for the second quarter, a 25.8% decline year-on-year.… Continue reading JK Tyre Q2FY25 PAT down 42.3%, revenue down 7%