Capping off a brilliant year, the company is eyeing expanding its international revenue share for FY24-25 iThink Logistics, a Mumbai-based integrated logistics and supply chain solutions, has announced a spectacular close to the financial year 2023–24, having achieved an impressive revenue of INR 104 crore. A substantial portion of this revenue, 94.7%, was generated from […]
BYD India, a subsidiary of the world’s leading New Energy Vehicles (NEV) manufacturer, has achieved a significant milestone by surpassing 1,000 bookings for its BYD SEAL luxury sport sedan. This remarkable achievement comes just over two months after the car’s launch in India. The rapid uptake highlights the strong customer demand for BYD’s cutting-edge electric […]
Driven by a strong product mix, Wheels India has registered a 64.3 % rise in its Net Profit for Q4 ended 31st March 2024 at Rs.36.8 crores compared to Rs. 22.4 crores registered in the corresponding quarter of the previous year. The company registered revenues of Rs. 1167 crores for Q4 ended 31st March 2024 […]
In a bid to improve options and ease of financing for the dealers, Tata Motors Passenger Vehicles (TMPV) and Tata Passenger Electric Mobility (TPEM) – subsidiaries of Tata Motors, India’s leading automotive manufacturer, have joined hands with Bajaj Finance, part of Bajaj Finserv Ltd., one of India’s leading and most diversified financial services groups, to […]
The Board of Directors of Apollo Tyres Ltd has approved the company’s audited financial results for the fourth quarter (Jan to Mar) and the financial year 2023 – 24. The Board recommended a dividend payout of Rs 6.00 per equity share (600%), on face value of Re 1 each for FY24, subject to the approval of the shareholders […]
Cojali will once again be present at Automechanika Frankfurt the world’s leading international meeting point for the automotive industry, which covers the entire value chain of the aftermarket sector and which will take place from 10 to 14 September in Frankfurt (Germany). This edition, the main topics of the fair will revolve around innovation, sustainability, digitalisation […]
SWITCH Mobility, the EV arm of the Hinduja Group that manufactures electric buses and light commercial vehicles, and KUN Capital Automotive Pvt. Ltd., a leading automotive distributor in Chennai, have inaugurated a new SWITCH dealership at Poonamallee, on the outskirts of Chennai. The grand opening ceremony was graced by the presence of esteemed guests from […]
Renault Nissan Automotive India Pvt. Ltd. (RNAIPL) received the prestigious Platinum Award for Environment, Health, and Safety (EHS) Excellence and Gold Award for Water Management at the 16th edition of the Confederation of Indian Industry-Southern Region Environment, Health, and Safety (CII-SR EHS) Excellence Awards. The ceremony, held in Coimbatore on 15 May 2024, acknowledged RNAIPL’s commitment to EHS […]
Ashok Leyland, the Indian flagship of the Hinduja Group and the country’s leading commercial vehicle manufacturer today, inaugurated three new MHCV dealership outlets in NCR region of new dealer – TVS Trucks & Buses. Out of the three dealerships, two are in Faridabad and the other is in Greater Noida. The first advanced 3S dealership, […]
As the monsoon season approaches, the Motion Technology company Schaeffler India is empowering commercial vehicle fleets to navigate the challenging times with a strategic digital campaign for its definitive clutches and drivetrain components aftermarket brand, LuK. Widely recognized for its innovation, longevity, and original equipment-matching quality, Schaeffler’s LuK finds its way into every third car […]
ZF Commercial Vehicles Solutions (CVS) has been recognized for its commitment to environmental sustainability, after winning two key industry awards at the Springer Nature Group & Arthur D. Little Sustainability Award in Automotive 2024. ZF’s next generation electric central drive, CeTrax 2 dual received recognition for its ingenuity in enabling electric mobility for commercial vehicles, […]
TVS Supply Chain Solutions Limited, a global supply chain solutions provider and one of the largest and fastest growing integrated supply chain solutions providers in India, announced that its wholly owned subsidiary, TVS SCS UK and Europe are working in partnership with Manchester Metropolitan University (MMU) to drive forward the use of Artificial Intelligence (AI) […]
On 17th March 2024, the 41st AGM and first EC meet of Tamilnadu Automobile and Allied Industries Federation (TAAIF) was held at Hotel Western Park in Madurai with great success. The TAAIF administration executed the event in a seamless manner, with over 140 executives from 15 associations present on the occasion. Mr. K. A. Chithambaram, […]
The 10th Alandur Two Wheeler Mechanics Welfare Association Meeting took place towards the end of February at Alandur in Chennai. The event, which had UCAL as Title Sponsor, was a remarkable success where mechanics from across this region, converged to engage in insightful discussions and explore the innovative solutions, within the automotive industry. Some of […]
In the labyrinth of automotive maintenance, there exists a beacon of reliability known as Tempo House. Established in 1971 by a visionary patriarch, this haven for commercial vehicle owners emerged from a simple need—to bridge the gap between demand and supply for three-wheeler tempo spares in a market devoid of such provisions. Over five decades, […]