Friday, January 28, 2022

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MRF reports 51% dip in net at Rs 332 cr

For the entire 2020-21 fiscal, the company reported a consolidated net profit of Rs 1,277 crore as compared with Rs 1,423 crore in 2019-20.

Skoda begins new SUV KUSHAQ production

The KUSHAQ is specially adapted by Skoda for the Indian market, the company said in a statement.

Volvo’s gift to the world, 3-point seat belts still saving lives

Hyderabad: Nils Bohlin, Volvo’s little-known engineer invented a seat belt in the year 1959, which has saved millions of lives so far. The 3-point seat...

Mercedes-Benz shifts retail sales structure

The existing 125 dealers will operate as the company's franchise partners under the new structure termed as 'Retail of the Future' (ROTF).

Maruti Suzuki total sales decline 71 pc in May over April  

Sales of mini cars, comprising Alto and S-Presso, declined by 81 per cent to 4,760 units in May as against 25,041 units in April this year.

Tesla S, X model have PS5 level entertainment computing power: Elon Musk

Musk had earlier claimed that one would be able to play The Witcher 3 and Cyberpunk 2077 on a 10 teraflop gaming rig stuffing into the new Tesla Model S and X.

Royal Enfield to again shut down plants

The Tamil Nadu administration on May 22 had announced extending the ongoing lockdown for another week starting May 24.

Renault Nissan workers to boycott work from May 26

The Renault Nissan Automotive is a joint venture car manufacturing plant of French auto major Renault and Japan's Nissan Motor Company.

Second Covid wave dents auto sector’s recovery momentum: ICRA

Two-wheeler segment is expected to be the most impacted, with the target consumer group's affordability and demand sentiment sharply hit by the second wave.

Etrio eyes electric 4-wheeler LCV category; to launch more in 3-wheeler segment

Currently, the company has dealers in Delhi, UP, Haryana, Karnataka, Madhya Pradesh and Odisha.

Royal Enfield to recall around 2.37 lakh units to fix faulty ignition coil

It will call in Meteor motorcycles manufactured and sold between December 2020 and April 2021, and the Classic and Bullet manufactured and sold between January and April 2021.

Hyderabad based Gear Head Motors ushers in EV revolution

With a motive of coaxing the vehicle segment into electrical, Gear Head Motors run by two youngsters began by retrofitting vehicles into EV and slowly ventured into manufacturing e-bikes

Tata Motors board to consider fund-raise proposal

However, Tata Motors did not give an indication on the quantum of the amount that the company intends to raise.

Satoshi Uchida to lead Suzuki India

Uchida will be responsible to explore new avenues for growth and further strengthen Suzuki Motorcycle India's position in the Indian market.

Total vehicle registrations slip 30 per cent in FY21

Passenger vehicles (PV) registrations were at 23,86,316 units last fiscal, as against 27,73,514 units in FY20, down 13.96 per cent
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