Sona BLW Precision Forgings Ltd registers INR 744 cr revenue in Q4 FY23
Sona BLW Precision Forgings Ltd. (Sona Comstar), a leading automotive technology company providing mission-critical systems and components for electrified and non-electrified powertrain segments, has...
Uno Minda announces key leadership changes to drive future growth
Uno Minda Limited (“Uno Minda”) (formerly known as Minda Industries Limited), a Tier-1 supplier of proprietary automotive solutions and systems to original equipment manufacturers...
Škoda Auto plans to unveil six new electric vehicles by 2026
Škoda Auto, the Czech carmaker, has announced its plans to accelerate its electric mobility campaign and transformation by launching four all-new e-vehicles and two...
Bajaj Auto to boost production of Chetak to 10,000 units a month by June
Bajaj Auto Ltd is ramping up production of its electric scooter Chetak to around 10,000 units a month by June, having overcome supply chain...
Exxon reports a record first-quarter profit on higher output
Exxon Mobil Corp reported a record first-quarter profit that was more than double from a year ago and topped Wall Street estimates as rising...
Government releases SOPs under PLI scheme for automobile sector
The Indian government has unveiled the standard operating procedures (SOPs) for the PLI scheme for the automobile sector. Under this scheme, companies can apply...
Talbros Automotive plans Rs 205 cr capex across businesses
Talbros Automotive Components has proposed a capital expenditure of Rs 205 crore over the next three to four years to expand capacities across its...
Maruti to expand manufacturing capacity by 10 lakh units a year
Maruti Suzuki has started work on a Rs 24,000-crore investment plan to set up a 10 lakh-per annum car production factory that would come...
Drying supplies: Russia eyes cars, food from India
Amid drying supplies, is seeking automobiles and farm goods from India. However, exporters have demanded a fixed rupee-rouble exchange rate to help them reduce...
Over 54 lakh overage vehicles deregistered in Delhi
Delhi's transport department has deregistered more than 54 lakh overage vehicles, including autorickshaws, cabs and two-wheelers, till March 27, according to official data. Some...