Sri Lanka to open doors for truck and EV imports from September, two wheelers may be allowed from 2024, Finance Minister Shehan Semasinghe

Three years after its financial crisis, Sri Lanka is set to re-open its doors for the imports of commercial vehicles, construction equipment, and electric vehicle makers, starting September 2023, Sri Lankan Finance Minister Shehan Semasinghe said in an interview with Autocar Professional. The nation may progressively open doors to two-wheeler makers like Bajaj Auto and… Continue reading Sri Lanka to open doors for truck and EV imports from September, two wheelers may be allowed from 2024, Finance Minister Shehan Semasinghe

Sri Lanka to open doors for truck and EV imports from September, two wheelers may be allowed from 2024, Finance Minister Shehan Semasinghe

Three years after its financial crisis, Sri Lanka is set to re-open its doors for the imports of commercial vehicles, construction equipment, and electric vehicle makers, starting September 2023, Sri Lankan Finance Minister Shehan Semasinghe said in an interview with Autocar Professional. The nation may progressively open doors to two-wheeler makers like Bajaj Auto and… Continue reading Sri Lanka to open doors for truck and EV imports from September, two wheelers may be allowed from 2024, Finance Minister Shehan Semasinghe

Hyundai Venue clocks 450,000 sales in 50 months since launch

Even as Hyundai Motor India has launched its second compact SUV, the Exter which has already drawn over 50,000 bookings, domestic market sales data reveals that the company’s first-ever compact SUV – the Venue – has driven past the 450,000-unit sales mark in India. The latest sales milestone comes at the end of July 2023,… Continue reading Hyundai Venue clocks 450,000 sales in 50 months since launch

Making green transportation accessible to all

We all make choices every day that affect the climate, but one of the biggest is how we get around. As a zero-emission ride-hailing service, Waymo One can make that decision easy. In California, transportation accounts for about half the state’s greenhouse gas emissions, when you include fuel production. Cities across the country have set… Continue reading Making green transportation accessible to all

Global School Bus Market Report 2023: Electric School Buses Gaining Momentum in North America, China, and India

DUBLIN, Aug. 9, 2023 /PRNewswire/ — The “Strategic Opportunities in the Global School Bus Market” report has been added to ResearchAndMarkets.com’s offering. This report on the global school bus industry provides an in-depth analysis of the growth environment, global trends, and an extensive examination of the school bus space segmented by region. The global school bus… Continue reading Global School Bus Market Report 2023: Electric School Buses Gaining Momentum in North America, China, and India

DVR share swap to cost INR 100 crore: Tata Motors

Tata Motors was the first company to issue DVRs in India. It issued them to finance the acquisition of Jaguar Land Rover in 2008. Tata Motors’ move to cancel its DVR (differential voting rights) shares, which are trading at a discount to its ordinary shares, will cost the company INR 100 crore, said chairman N… Continue reading DVR share swap to cost INR 100 crore: Tata Motors

Jaguar Land Rover India nearly doubles its net profit to Rs 267 crore in FY23

Jaguar Land Rover India nearly doubled its net profit to Rs 267 crore in the fiscal year ending March 2023, according to the luxury carmaker’s most recent corporate filings with the Ministry of Corporate Affairs (MCA). On a year-on-year (YoY) basis, its revenues increased by 48% to Rs 2240 crore during the same period, on… Continue reading Jaguar Land Rover India nearly doubles its net profit to Rs 267 crore in FY23

My Week In Cars: New Steve Cropley/Matt Prior podcast (ep. 48)

News 1 min read 9 August 2023 Episode 47 of the Autocar motoring podcast My Week In Cars finds our resident experts Steve Cropley and Matt Prior assessed by unexceptional cars at the world’s most important car show, assessing whether Jaguar really has no brand equity as the company itself claims, and driving a Series… Continue reading My Week In Cars: New Steve Cropley/Matt Prior podcast (ep. 48)

Lumax expands into transmission-shift towers, wins large orders from Indian PV OEMs

Lumax Auto Technologies (LATL), which is part of the Lumax DK Jain Group and houses the automotive lighting major’s non-lighting, new-age product lines such as antennae, telematics, and gear shift selectors among others, is set to increase its content-per car with the introduction of transmission shift towers for the Indian market. In 2019, LATL had… Continue reading Lumax expands into transmission-shift towers, wins large orders from Indian PV OEMs

All 3 businesses of Tata Motors marching with strategic agenda for growth & segment leadership, says Chairman N Chandrasekaran

Updated On Aug 8, 2023 at 10:53 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals N Chandrasekaran, Chairman, Tata Motors New Delhi: Tata Motors Group, which operates as three businesses comprising commercial vehicles (CVs), domestic passenger and electric vehicles (EVs) and Jaguar Land Rover (JLR), is all geared for growth as… Continue reading All 3 businesses of Tata Motors marching with strategic agenda for growth & segment leadership, says Chairman N Chandrasekaran