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%

Rane Holdings reports strong profit growth in Q2 and H1 FY25

Rane Holdings Limited, the holding company of the Rane Group, has announced its financial performance for the second quarter (Q2FY25) and the half-year period (H1FY25) ending September 30, 2024. For the second quarter of FY25, Rane Holdings reported a total revenue of ₹920.0 crore, a slight decrease of 1.1% compared to ₹930.5 crore in Q2… Continue reading Rane Holdings reports strong profit growth in Q2 and H1 FY25

MG Windsor becomes India’s best-selling electric car in October 2024

JSW MG Motor India recorded strong sales for its recently launched MG Windsor in October 2024, with 3,116 units sold. This figure accounted for nearly 30% of the total passenger electric vehicle sales in the country during the month.   The company saw a 31% year-on-year growth in its overall sales, with a total of… Continue reading MG Windsor becomes India’s best-selling electric car in October 2024

Honda Motorcycle & Scooter sales rise 21% in October

Honda Motorcycle & Scooter India registered total dispatches of 5,97,711 units in October, marking a 21% year-on-year increase. Domestic sales accounted for 5,53,120 units, with exports reaching 44,591 units, up by 20% and 48%, respectively, over October 2023. HMSI’s April-October 2024 sales total 37,56,088 units, with domestic sales contributing 34,34,539 units and exports 3,21,549 units.… Continue reading Honda Motorcycle & Scooter sales rise 21% in October

Lotus cars to open its first India showroom this month

A few months after entering the Indian market, Lotus Cars is set to open its first showroom here. The Lotus Centre, located at the World Trade Centre in New Delhi, is done up in Lotus’ colours and styled like any other Lotus Centre in the world. Underlining the significance of the showroom, Satya Bagla, MD… Continue reading Lotus cars to open its first India showroom this month

BorgWarner secures contracts for High Voltage Coolant Heater in China, Korea, and Japan

BorgWarner Inc., a global leader in automotive technology, announced three significant business wins for its High Voltage Coolant Heater (HVCH) in China, Korea, and Japan. These recent deals mark an important step in BorgWarner’s strategic expansion across Asia, with production for the respective projects set to commence between 2025 and 2028. In China, a prominent… Continue reading BorgWarner secures contracts for High Voltage Coolant Heater in China, Korea, and Japan

Royal Enfield reveals Classic 650 Twin

Royal Enfield has finally revealed the Classic 650 Twin and this is the latest model that the company has plonked its much-loved 648cc motor into. Its styling is very similar to its bestseller –  the Classic 350.  Royal Enfield Classic 650 Twin design, features, colours Powering the Classic 650 Twin is the tried-and-tested 648cc, parallel-twin… Continue reading Royal Enfield reveals Classic 650 Twin

Royal Enfield reveals Classic 650 Twin

Royal Enfield has finally revealed the Classic 650 Twin and this is the latest model that the company has plonked its much-loved 648cc motor into. Its styling is very similar to its bestseller –  the Classic 350.  Royal Enfield Classic 650 Twin design, features, colours Powering the Classic 650 Twin is the tried-and-tested 648cc, parallel-twin… Continue reading Royal Enfield reveals Classic 650 Twin

Branded Content: Celebrating 30 years of engineering excellence with ambitious plans for growth in India

Global automotive supplier ZF Foxconn Chassis Modules (ZFFCN) expects to double its annual sales from actual USD4.4bn (Euro 4bn) to USD8.8bn (Euro 8bn) by 2029. Contrary to the situational decline in the global automotive market, ZFFCN is benefiting from a strong order intake of top tier OEM such as BMW, Mercedes-Benz and Stellantis.  ZF Foxconn… Continue reading Branded Content: Celebrating 30 years of engineering excellence with ambitious plans for growth in India