Auto Industry News

GAIL India's Profit Tumbles On Supply Cut From Former Gazprom Unit
GAIL (India) Ltd reported a bigger-than-expected 46.3% fall in quarterly profit, hit by low gas sales due to supply disruptions from a former unit of Russian energy giant Gazprom.

India Raises Ethanol Purchase Prices For State-Run Fuel Retailers
Nov 5, 2022 04:36 PM
Indian government has fixed a price of up to 65.61 rupees for purchase of ethanol from sugar mills as the nation wants to boost blending with gasoline.

JK Tyre Reports 23% Fall In Quarterly Profit On Higher Costs
Nov 5, 2022 04:02 PM
JK Tyre and Industries Ltd posted a 23% fall in its second-quarter profit on Tuesday, hurt by higher input costs.

Festive Demand Drives Up Indian State Refiners Gasoil Sales In October
Nov 5, 2022 03:56 PM
Indian state fuel retailers' diesel sale in October surged from the previous month, indicating a pick up in industrial activity during the peak festive season.

Sonalika Tractors Registers Highest-Ever Deliveries In A Month With 20,000 Units Sold
Nov 4, 2022 10:37 PM
Sonalika Tractors witnessed a 16 per cent growth year-on-year, better than the tractor industry's seven per cent growth during the same period.

Hivemapper Starts Issuing Crypto Tokens For Vehicle Dashcam Footage
Nov 4, 2022 07:41 PM
Drivers around the world can generate cryptocurrency by installing a dashcam and sharing images with a San Francisco startup that aims to nab some buyers of street-level imagery away from Alphabet Inc's Google.
Nissan Says Talks With Renault Focused On Better Competing In Electric Cars
Nov 4, 2022 06:22 PM
Nissan's CEO said the company's talks with Renault are focused on optimising their investment in electric vehicles and strengthening their competitiveness as equal partners.

Maruti Suzuki Swift SCNG – Sporty And Frugal
Nov 4, 2022 04:12 PM
The third generation Swift is the most powerful iteration of the hatchback yet, now with the option of CNG it’s now both mean and green.

2023 Triumph Street Triple 765 Range Revealed; India Launch Soon
Nov 4, 2022 03:52 PM
Triumph Motorcycles took the wraps off the updated Street Triple 765 range. One of the more popular models from Triumph, the naked middleweight Street Triple range now gets a bunch of updates. The new model will be launched in India as well.

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