Škoda Auto India today said it will unveil its all-new Kylaq SUV through a motion picture directed by Indian filmmaker Rohit Shetty. This marks the first time a car will premiere on an over-the-top (OTT) platform in India, with the cinematic experience scheduled to go live on November 6, 2024, at 12:30 PM on Jio… Continue reading Škoda India to unveil Kylaq SUV via motion picture premiere on Jio Cinema
Category: US Motoring Press
Daimler India Commercial Vehicles’ profits grow five times to Rs 1,787 crore on record sales in FY24
The impressive surge in volume performance, amplified by a substantial rise in bus sales and a significant tax credit windfall, propelled the net profit of Daimler India Commercial Vehicles (DICV)—the manufacturer of BharatBenz trucks—to ₹1,787 crore (approximately $212 million) for FY24, according to the company’s annual filings with the Registrar of Companies (RoC). This marks the… Continue reading Daimler India Commercial Vehicles’ profits grow five times to Rs 1,787 crore on record sales in FY24
Amara Raja Q2FY25 revenue grows 11.6%, profit before tax 4.9%
Amara Raja Energy & Mobility Ltd., a comprehensive solutions provider in the Energy and Mobility sectors, reported an 11.6% increase in revenue for the second quarter of FY25 compared to the previous year. The company announced a profit before tax of ₹323.97 crore for Q2 FY25, reflecting a growth rate of 4.9% over the same… Continue reading Amara Raja Q2FY25 revenue grows 11.6%, profit before tax 4.9%
Exide Industries Jul-Sep consolidated net profit down 13.7%, revenue up 17.9%
Exide Industries, a major player in the storage battery sector, reported a year-on-year decline of 13.66% in its consolidated net profit for the second quarter of the fiscal year, amounting to ₹233.40 crore compared to ₹270.32 crore in the same period last year. Despite this, the company’s revenue from operations grew by 17.95% year-on-year, reaching… Continue reading Exide Industries Jul-Sep consolidated net profit down 13.7%, revenue up 17.9%
Suzuki e Vitara revealed as first India-bound Maruti EV
The Suzuki e Vitara has been revealed as the production version of the Maruti eVX concept in Milan, today. The ‘born-electric’ midsize SUV is the Japanese brand’s first EV for India and will enter a hotly contested segment that includes the Tata Curvv EV, MG ZS EV and the upcoming Hyundai Creta EV and Mahindra BE 05. … Continue reading Suzuki e Vitara revealed as first India-bound Maruti EV
Best new cars coming soon: all the big new car launches due in 2024, 2025 and beyond
There’s a full run-down of the best new Ford cars coming soon on our dedicated page… Honda Prelude After an absence of more than two decades, the Honda Prelude is making a comeback. The new sixth-generation model will be a sleek two-door coupe featuring hybrid technology, which it’s likely to borrow from the Civic hatchback.… Continue reading Best new cars coming soon: all the big new car launches due in 2024, 2025 and beyond
Why Toyota and Honda vehicles have such high resale values
Toyota and Honda have at times been called boring: Honda by its own engineers, Toyota more famously by a chairman descended from the company’s founder. But while they may not have the luster of, say, European sports cars, these two Japanese brands have enviably high resale values. That means they retain more of their purchase… Continue reading Why Toyota and Honda vehicles have such high resale values
Ford’s October vehicle sales increase 15.2% from subdued levels due to labor strike in 2023
The new Ford F-150 truck goes through the assembly line at the Ford Dearborn Plant on April 11, 2024 in Dearborn, Michigan. Bill Pugliano | Getty Images DETROIT — Ford Motor on Monday reported a 15.2% increase in U.S. new vehicles sales in October compared with subdued levels due to a union strike in October… Continue reading Ford’s October vehicle sales increase 15.2% from subdued levels due to labor strike in 2023
JSW MG Motor India and HSBC India form strategic partnership to enhance dealer financing
JSW MG Motor India has announced a partnership with HSBC India to provide financing solutions for its dealer network. This collaboration aims to give JSW MG Motor India dealers access to a range of financing options at competitive terms. By leveraging HSBC India’s expertise, the partnership will facilitate access to working capital for the… Continue reading JSW MG Motor India and HSBC India form strategic partnership to enhance dealer financing
Ducati unveils new V2 engine: The lightest twin-cylinder yet
Ducati has introduced its new V2 engine, which weighs just 54.4 kg, making it the lightest twin-cylinder engine in the brand’s history. This engine incorporates several advanced features, including IVT (Intake Variable Timing) for improved performance, DLC treatment on the rocker arm, and hollow stems for the intake valves. It is available in two configurations,… Continue reading Ducati unveils new V2 engine: The lightest twin-cylinder yet