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Automobile retail sales in India dropped 8 per cent on an annual basis in July on account of fall in registrations of passenger vehicles, two-wheelers and tractors. As per data released by the automobile dealers’ body FADA on Thursday, the overall automobile retail sales last month stood at 14,36,927 units, as compared with 15,59,106 units […]
Gulf Oil Lubricants India Limited, a Hinduja Group Company, has today reported its Unaudited financial results (Standalone) for the Quarter ended June 30, 2022. Key highlights are as under Particulars Rs. in Crore Q-1- FY-22-23 Q1 -FY 21-22 Growth% Y-o-Y Net Revenue 706.45 417.37 69.26% EBITDA 85.03 42.13 101.83% Profit Before Tax (PBT) 74.37 40.67 […]
Ashok Leyland, the flagship Company of the Hinduja Group and India’s leading commercial vehicle manufacturer, today, further strengthened its AVTR portfolio by introducing 250HP, 6-cylinder 4 Valve Engine with premium N Cabin in haulage, tractor and tipper segments. The proven H series engine makes this new range of trucks suitable for customers who seek higher […]
Kia India on Wednesday said it will offer six airbags as standard fitment in its mid-sized SUV Seltos. The decision to provide six airbags on all the trims of the model is in line with the increased focus on safety, it added. The South Korean automaker already offers six airbags as standard fitment in its […]
The company registers a YoY growth of over 160% Started deliveries of its high speed electric two-wheelers Wolf+ and Gen Next + in June 2022 WardWizard Innovations and Mobility Ltd, manufacturer of country’s leading electric two-wheeler brand ‘Joy e-bike’, sold 2,458 units of electric two-wheelers in July 2022. With this, the company registered a year […]
Wardwizard Innovations and Mobility Ltd (BSE Code: 538970), one of the leading manufacturers of electric two-wheeler brand ‘Joy E-bike’, today announced its financial results for the first quarter (April- June 2022) of FY’23. The company clocked a revenue of Rs. 547.2MN compared to Rs. 115.2MN in Q1 FY’22, observing an uptick of 375 %. Profit […]
Apollo Tyres expects electric vehicles’ adoption to pick up pace over the next few years and is gearing up to cater to demand both in passenger vehicle and two-wheeler segments. The company, which on Monday introduced two tyre brands for electric passenger vehicles and two-wheelers, is bullish on opportunities across domestic and international markets. “The […]
Improvement in semiconductor shortage issue helped auto makers, including Maruti Suzuki, Hyundai, Tata Motors and Mahindra & Mahindra, report single to high double-digit growth on Monday in their domestic passenger vehicles sales in July. Other manufacturers, Kia India, Toyota Kirloskar Motor (TKM), Honda Cars India, Skoda Auto India, also reported robust growth in their domestic […]
India needs to set up 46,000 electric vehicle charging stations by 2030 to reach global benchmark, suggests a white paper released on Friday. EV charger ratio is 6 both for China and the Netherlands, 19 for the US while it stands 135 for India. That means there is one charger per 135 EVs in India […]
Nissan Motor India on Friday said it has reached the 10 lakh-units milestone of cumulative exports. The company had started exports in September 2010 from the Renault-Nissan Automotive India Ltd plant in Chennai, catering to 108 countries, the company said in a statement. “Nissan India is a key hub for the exports of completely built-up […]