Apollo Tyres, which commands a fourth of India’s passenger-car radial segment in the aftermarket, is looking to expand its rural footprint in the country. The Gurugram-headquartered company states that it is witnessing higher growth from India’s hinterlands and is, therefore, strengthening its presence in these markets which include Rajasthan, Uttar Pradesh and Madhya Pradesh. At… Continue reading Apollo Tyres targets higher growth from rural India with expanded distribution network
Category: US Motoring Press
Car and SUV users in Bengaluru and Pune took over 27 minutes to travel 10km in CY2023
The findings of the 2023 TomTom Traffic Index are out and four Indian cities – Bengaluru, Pune, Delhi and Mumbai – are among the 387 cities in 55 countries on six continents surveyed for their traffic trends. The latest and 13th edition of the global study covers metrics such as congestion, average travel time, the… Continue reading Car and SUV users in Bengaluru and Pune took over 27 minutes to travel 10km in CY2023
ASK Automotive’s Q3 consol profit up 71% YoY; Board okays Rs 219 crore for new facility
ASK Automotive Ltd today reported a 71% growth in its consolidated net profit for the October-December quarter on a year-on-year basis, while the company’s board approved a capital expenditure of Rs 219 crore for a new plant in Karnataka. The third quarter profit was driven by the robust traction in its aluminum lightweighting precision solutions… Continue reading ASK Automotive’s Q3 consol profit up 71% YoY; Board okays Rs 219 crore for new facility
Ashok Leyland’s Q3 net profit jumps 60% YoY on double-digit margin
Ashok Leyland posted strong growth of 60% in its standalone net profit for the October-December quarter despite a low-single-digit growth in its revenue as the company managed to improve its margins considerably on the back of better price realisation and lower input cost. The commercial vehicle major’s standalone profit for the quarter came in at… Continue reading Ashok Leyland’s Q3 net profit jumps 60% YoY on double-digit margin
Hyundai i20
The i20’s predecessors have typically had fascias that seemed simply laid out rather than ‘designed’. It has never been a car to seem at all ‘loaded’ with technology. How quickly things can change. Some early low-spec versions have analogue gauges, but most i20s have a fully digital instrument screen integrated into a flight console-like panel… Continue reading Hyundai i20
Toyota Yaris
Toyota claims to have improved visibility by setting the instrument panel lower and pulling the A-pillars further back relative to the driver. We feel the overall efficacy of these measures is marginal where the view forward is concerned, but the Yaris certainly does feel spacious from within – at least for front-seat occupants, who are… Continue reading Toyota Yaris
Nissan Juke
The quirkiness and sense of fun of the original Juke’s interior design was toned down a little this time around, and it was augmented by a pretty clear effort to add some richer material and technological allure. There’s still plenty of visual character and a little bit of fun factor in evidence, though, and both… Continue reading Nissan Juke
US dealer group Lithia completes Pendragon takeover
US dealer group Lithia has completed its purchase of Pendragon, parent company of the Evans Halshaw and Stratstone brands. This caps a 12-month period in which North American firms have taken over some of the UK’s biggest dealer groups. Its successful bid of £397 million saw off the challenge of a joint bid from US rival Penske and Sweden’s Hedin Group. Lithia… Continue reading US dealer group Lithia completes Pendragon takeover
Smart mobility: how EMQ is paving the way
The city of the future. What does it look like, exactly? Most people probably envisage an immense eco-conscious metropolis, with lush sky gardens, sleek futuristic architecture and seamless sustainable transport. But while the sci-fi buildings and hanging trees might seem a little pie in the sky right now, companies like EMQ are already pioneering advanced… Continue reading Smart mobility: how EMQ is paving the way
Paris votes to triple parking costs for heavy cars
Paris has voted to triple the parking costs of especially heavy cars in a move aimed at countering the rise of SUVs on the French capital’s streets. Petrol, diesel and hybrid cars that weigh more than 1600kg and electric cars that weigh more than 2000 kg will be charged a significantly higher rate for parking. Drivers of such cars will… Continue reading Paris votes to triple parking costs for heavy cars