Auto Industry News
Stellantis Targets Profitability In India, Doubling Of Revenues By 2030
Citroen and Jeep brands will help realise targets for India that includes margins of over 10 per cent by 2024-25. This is in line with global 'Dare Forward 2030' strategy for Stellantis across all group brands. Stellantis includes India-specific EV models in the strategy.
Tata Motors Showcases 9 M&HCVs At Excon 2022
May 17, 2022 10:26 PM
Built for increasing productivity and profitability for fleet-owners, the product portfolio of Tata Motors features mobility solutions across diverse operations, including 9 M&HCVs (Medium & Heavy Commercial Vehicles), as well as the Tata Yodha pick-up and the Tata Ace HT+.
Ashok Leyland Reveals New CNG Engine Series For Off-Highway Vehicles
May 17, 2022 10:06 PM
The company's new CNG engine series is the first unit to use the alternative fuel and is targeted at construction and mining vehicle segments.
Renault Group Signs Agreement To Sell Russia Operations, Avtovaz Stake
May 17, 2022 03:18 PM
Renault has formally announced that it is selling its stake in Avtovaz along with the entirety of its Russia Operations.
GreenCell Mobility To Deploy Intercity Electric Buses For MSRTC From June 1
May 17, 2022 12:47 AM
The electric bus, which has been dubbed 'Shivai', will be deployed on June 1, 2022, and it will run on the Pune- Ahmednagar route. In total, GreenCell will deploy 50 electric buses for intercity travel across Maharashtra for MSRTC.
New Toyota Innova Expected To Debut By October As A Petrol-Hybrid
May 16, 2022 10:36 PM
New Innova is expected to sit on Toyotas monocoque TNGA platform and be front-wheel drive.
New LEGO Optimus Prime Can Be Transformed To A Truck Without Rebuilding
May 16, 2022 09:09 PM
The new LEGO Optimus Prime kit consists of 1508 pieces, and can transform between its robot and truck versions without the need to be rebuilt.
Eicher Motors Appoints B Govindarajan As CEO Of Royal Enfield
May 16, 2022 08:29 PM
In addition to being the CEO of Royal Enfield, Govindarajan will also serve as a Wholetime Director on the Board of Eicher Motors Limited (EML). Govindarajan has spent more than 23 years across Royal Enfield and Eicher Motors.
Royal Enfield's Parent Company Eicher Motors Reports 16% Growth In Q4 FY2022 Profit At Rs. 610 Crore
May 16, 2022 06:04 PM
Between January and March 2022, Eicher Motors saw a profit after tax (PAT) of Rs. 610 crore, a growth of 16 per cent compared to the Rs. 526 crore profit achieved in achieved during the same period in FY2021.
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