Category: Automobile

Eicher Motors posts Rs 518 cr net profit in Q2

New Delhi: Two-wheeler maker Eicher Motors Ltd on Tuesday said it closed the second quarter of the current fiscal growing…

BMW loses appeal of $158 mln fine by Swiss competition watchdog

Geneva: BMW will have to pay a $158 million fine that Swiss competition authorities imposed on the German automaker five…

KTM to roll out Husqvarna brand in India by 2020

New Delhi: Austria's sports bike maker KTM plans to roll out Husqvarna brand in India by 2020 and production at…

Minda Corporation Q2 net up 8% to Rs 42 cr

New Delhi: Auto component maker Minda Corporation has reported a 7.9 per cent increase in its net profit at Rs…

Uber launches new ride option ‘Premier’ in Kolkata

Kolkata: App-cab services company Uber today launched 'Premier', a superior ride option at affordable fares, in the city. The in-app…

No festive cheers as PV sales down marginally,cars drop 5.32%

New Delhi: Festive season failed to bring cheers to automobile manufacturers as domestic passenger vehicle sales dropped marginally in October,…

Hero leans on large-sized global markets to grow business

New Delhi: India's largest two-wheeler maker, Hero MotoCorp, is working on consolidating its position in some of the overseas markets…

Tata Motors net soars threefold to Rs 2,502 crore

Mumbai: Homegrown auto major Tata Motors today reported a threefold jump in consolidated profit at Rs 2,502 crore in the…

Uber finalises sale of stakes to Japan-based SoftBank

New York: App-based cab aggregator Uber has closed a deal with Japanese multinational telecommunications corporate SoftBank, commissioning the sale of…

Production of vehicles up 8%, two-wheeler sales decline 6%

New Delhi: The auto industry has registered growth in production and sale of vehicles between April and October this year,…

Bajaj Electricals Q2 net profit up 13.9% at Rs 18.98 cr

New Delhi: Bajaj Electricals today reported a 13.92 per cent increase in its net profit at Rs 18.98 crore for…

Mumbai gets hi-tech electric buses

Mumbai: The Bombay Electric Supply & Transport (BEST) on Friday acquired four high-tech eco-friendly electric buses, which will be deployed…

M&M’s standalone Q2 net profit up 25%

Mumbai: Automobile major Mahindra & Mahindra (M&M) on Friday reported an increase of 24.79 per cent in its standalone net…

JSW Steel’s Oct crude steel output up marginally at 13.43 lakh tonnes

New Delhi: JSW Steel Ltd on Thursday reported a marginal rise in its crude steel production at 13.43 lakh tonnes…

Nissan rolls out 100,000th Datsun car from Chennai factory

Chennai: Japanese automaker Nissan Motor on Thursday said the company had rolled out its 1,00,000th car under its Datsun brand…

Tata Motors global sales up 2.7% at 1,03,761 units in October

New Delhi: Home grown auto major Tata Motors today reported 2.7 per cent increase in its global wholesales to 1,03,761…

New Ford EcoSport launched at Rs 7.31 lakh

New Delhi: Ford India on Thursday launched its new upgraded version of popular compact SUV EcoSport priced between Rs 7.31…

Piaggio to roll out new electric scooter ‘Vespa Elettrica’ in 2018

Washington: Italian scooter brand Piaggio on Thursay announced an electric model for its most loved scooter model, 'Vespa', The Verge…

Suzuki unveils new range with enhanced safety measures

Tokyo [Japan]: Automobile major Suzuki Motors launched its new portfolio of cars with enhanced security at the Tokyo Motor Show.…

PoolMyCar launches app as ‘Odd-Even’ comes back to town

New Delhi [India]: Carpooling company PoolMyCar on Thursday launched a real-time carpooling app that empowers the people of Delhi-NCR to…