Auto Industry News
BYD India To Expand Its Network To 24 Showrooms By Year-End; Will Touch 53 Outlets End Of 2023
BYD India, which has launched its second EV, the Atto 3 electric SUV, plans to open 24 showrooms across 21 cities by the end of this year. The larger plan is to have at least 53 showrooms in India by the end of 2023.
Tata Motors Sees Profit Rebound On Jaguar Land Rover Boost, Lower Costs
Nov 13, 2022 08:28 PM
Tata Motors said it expects profit and cash flow to bounce back in the second half thanks to healthy demand for its Jaguar Land Rover cars.
Mahindra And Mahindra Reports Q2 Beat On Strong Demand
Nov 13, 2022 08:11 PM
Mahindra reported a better-than-expected second-quarter profit, driven by strong demand for its passenger vehicles and farm equipment.
India Seeks COP27 Deal To 'Phase Down' All Fossil Fuels - Report
Nov 13, 2022 08:02 PM
India wants countries to agree to phase down all fossil fuels at the COP27 climate summit in Egypt, rather than a narrower deal to phase down coal as was agreed last year.
Indian Shares Fall As Autos Drag, Awaits U.S. Inflation Data
Nov 12, 2022 04:14 PM
Indian shares fell, weighed by auto and metal companies.
Eicher Motors Profit Misses Estimates As Costs Surge
Nov 12, 2022 04:10 PM
Eicher Motors Ltd fell short of analysts' estimates for quarterly profit on Thursday, as costs jumped 50% at the Royal Enfield motorcycle maker.
Tesla Mulls Exporting China-Made EVs To United States - Report
Nov 12, 2022 03:58 PM
Tesla is considering exporting made-in-China electric cars to the United States.
2023 MG Hector India Debut On January 5, 2023
Nov 12, 2022 03:22 AM
MG Motor India is gearing up to launch the new 2023 Hector in our unveil the new Hector in our market on January 05, 2023 and the company has already teased the updated SUV giving us an idea of modifications made to the Hector's design and interior.
Mahindra Posts Robust Growth In Q2 And H1 FY2023; PAT Up By 46 Per Cent
Nov 12, 2022 01:23 AM
Driven by the strong demand for its new launches, Mahindra & Mahindra beats industry estimates recording a healthy 46 per cent uptick in Q2 FY2023 net profit while its PAT in H1 FY2023 went up by 54 per cent.
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