Mumbai-based Tata Motors’ consolidated recorded a net loss of Rs 307 crore during the financial quarter ending September 2020 (Q2 FY2021) as compared to Rs 188 crore during similar period last year (Q2 FY2020). Further, the company’s consolidated net revenue decreased to Rs 53,530 crore down by 18 percent during Q2 FY2021 as against Rs… Continue reading Tata Motors reports consolidated net loss of Rs 307 crore in Q2 FY2021
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Tata Motors net loss widens to Rs 307 crore in Q2
New Delhi: Tata Motors on Tuesday posted a consolidated net loss of Rs 307.3 crore for the quarter ended September 30. It reported a loss of Rs 187.70 crore in the corresponding quarter last year. Firm’s total revenue from operation declined 18.19% Y-o-Y at Rs 53,530 crore during the quarter under review. Guenter Butschek, CEO… Continue reading Tata Motors net loss widens to Rs 307 crore in Q2
@Tata-JLR: JAGUAR LAND ROVER GENERATES PROFIT AND POSITIVE CASH FLOW IN SECOND QUARTER OF FISCAL 2020/21 ON CONTINUED SALES RECOVERY
Notes to editors Jaguar Land Rover has a growing portfolio of electrified vehicles across its model range, embracing fully electric, plug-in hybrid and mild-hybrid vehicles. In addition to the all-electric Jaguar I-PACE, the company’s electrified line-up currently includes plug-in hybrid variants of the Range Rover, Range Rover Sport, Range Rover Evoque, Land Rover Discovery Sport, Land Rover Defender,… Continue reading @Tata-JLR: JAGUAR LAND ROVER GENERATES PROFIT AND POSITIVE CASH FLOW IN SECOND QUARTER OF FISCAL 2020/21 ON CONTINUED SALES RECOVERY
@Tata: Tata Motors Achieves the Milestone of Producing 4 Million Passenger Vehicles
24 October, 2020 Tata Motors celebrates the landmark achievement of producing 4 million passenger vehicles with #WeLoveYou4Million campaign thanking all its loyal customers. Tata Motors celebrates the significant milestone of crossing 4 million-production mark with a flag-off ceremony of their ‘New Forever’ range of passenger vehicles along with the electrifying Nexon EV, from its manufacturing… Continue reading @Tata: Tata Motors Achieves the Milestone of Producing 4 Million Passenger Vehicles
Remsons Industries acquires UK based Magal Cables
MUMBAI:Remsons Industries, an automotive cable supplier on Friday announced the acquisition of UK based Magal Cables Ltd, a part of Arlington Group Engineering systems. Remsons acquired MCL, through a wholly owned subsidiary Remsons Holding Ltd, (incorporated in UK) for Rs 33 crore which was funded through internal accruals and debt. Magal Cables Ltd (MCL) has… Continue reading Remsons Industries acquires UK based Magal Cables
Lucid’s CEO says he has ‘more advanced technology than Tesla,’ and wants to use it to lower the price of EVs
Lucid CEO and CTO Peter Rawlinson doesn’t think big batteries are the key to efficiency. He has plans to mass-produce the tech behind the Lucid Air and wants to see it in other cars. He also said that Lucid’s tech is “more advanced” than Tesla’s. Visit Business Insider’s homepage for more stories. Believe what you… Continue reading Lucid’s CEO says he has ‘more advanced technology than Tesla,’ and wants to use it to lower the price of EVs
HERE integrates what3words into in-car navigation feature
Drivers will now be able to enter what3words addresses directly into their in-car systems, allowing them to navigate to any destinationOctober 22, 2020London and Amsterdam – HERE and what3words have partnered up to offer the next generation of precision in-car navigation. OEMs using HERE Technologies can now include what3words as an in-car navigation feature, with… Continue reading HERE integrates what3words into in-car navigation feature
@Tata-JLR: JAGUAR LAND ROVER USING AEROSPACE TECHNOLOGY TO DEVELOP FUTURE LIGHTWEIGHT VEHICLES
About Jaguar Land Rover Jaguar Land Rover is the UK’s largest automotive manufacturer, built around two iconic British car brands. Land Rover is the world’s leading manufacturer of premium all-wheel-drive vehicles. Jaguar is one of the world’s premier luxury marques, as well as being the first ever brand to offer a premium all-electric performance SUV,… Continue reading @Tata-JLR: JAGUAR LAND ROVER USING AEROSPACE TECHNOLOGY TO DEVELOP FUTURE LIGHTWEIGHT VEHICLES
@Hyundai: Visual Deception: The Secret Behind Camouflage Patterns
For leakage prevention before unveiling new cars, automakers use camouflage patterns when they test their new models. So, what exactly a camouflage pattern is? Here’s the secret revealed. For every automaker in the world, the model launch is one of the most important issues. And until that day, they do their new designs or specs… Continue reading @Hyundai: Visual Deception: The Secret Behind Camouflage Patterns
Laureti Develops The World’s First Mobility Operating System
LONDON, Oct. 21, 2020 /PRNewswire/ — Laureti, a pioneering mobility technology company, unveils MiRA.OS — a first-of-its kind mobility operating system that delivers a dedicated passenger-centric experience. The central rationale of the operating system: support passenger wellness, productivity and connectivity. This technology manages the passenger experience across multiple vehicles within a network that provides privacy,… Continue reading Laureti Develops The World’s First Mobility Operating System