Auto Industry
Seshan Vijayraghvan
May 4, 2022, 6:42 PM
In Q4 FY2022, Hero MotoCorp achieved a profit after tax of Rs. 627 crore, witnessing a drop of 28 per cent compared to the Rs. 865 crore profit registered in the quarter that ended on March 31, 2021.
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car&bike Team | May 4, 2022Oil Slips On China Demand Worries, While EU Weighs Russia Oil BanOil slipped by more than 1% on Tuesday as concerns about demand due to China's prolonged COVID lockdowns outweighed support from a possible European oil embargo on Russia over its actions in Ukraine.1 min read
car&bike Team | May 4, 2022U.S. To Spend More Than $3 Billion On EV Battery Manufacturing - ReportThe funds will be allocated by the Department of Energy from the $1 trillion infrastructure bill President Joe Biden signed last year.1 min read
Seshan Vijayraghvan | May 3, 2022EV Sales April 2022: WardWizard Reports Sale Of 4,087 Electric Two-WheelersIn April 2022, WardWizard, manufacturer of Joy e-bike electric two-wheelers, sold 4,087 units in India, witnessing a more than 8-fold growth of 766 per cent compared to the 472 electric two-wheelers sold in April 2021.1 min read
Seshan Vijayraghvan | May 3, 2022Auto Sales April 2022: Mahindra's Farm Equipment Sector Sees 51% YoY Growth In Domestic SalesIn April 2022, Mahindra's Farm Equipment Sector sold 39,405 in India, a growth of 51 per cent compared to the 26,130 units sold in April 2021. The company also exported 1,534 tractors from India witnessing a growth of 10 per cent against last year.1 min read
Sameer Contractor | May 3, 2022Two-Wheeler Sales April 2022: Honda 2Wheelers India Reports 33 Per Cent GrowthHonda 2Wheeler India's domestic sales stood at 318,732 units last month as against 240,101 units in April 2021.1 min read
Shubham Parashar | May 3, 2022Volkswagen India Hikes Prices Of The Taigun And Tiguan; Updates Taigun With More Standard FeaturesPrices of both SUVs have gone up by 2.5 per cent to 4 per cent depending on the variant, while the German carmaker has also updated the Volkswagen Taigun with more standard features.1 min read
Shubham Parashar | May 2, 2022Auto Sales April 2022: Sonalika Tractors Records 43.5 Per Cent Sales Growth In Domestic MarketOverall sales of the company (including exports) stood at 12,328 units in April 2022.1 min read
Sahil Gupta | May 2, 2022F1: Ferrari To Counter Red Bull Power Advantage In Miami With UpgradesFerrari is preparing a countermeasure to the Red Bull straight-line speed advantage1 min read
