While the Chinese government has nudged battery makers to move up the value chain by calibrating subsidies, manufacturers of older models are finding few takers there.
Before the implementation of BS6 in India, Maruti Suzuki will discontinue all their diesel engine powered cars. The change will come into effect from 1st April 2020. With BS4 diesel Continue Reading »
In a regulatory filing, Hero MotoCorp said its manufacturing facilities will be closed from August 15 to 18, 2019.
Motorcycle and scooters sales fell 16.8% to about 1.51 million units, while passenger car sales fell 36% to 122,956 units.
XL6 comes with full LED headlamps, which not only enhances the car’s visual appeal but will also offer improved visibility at night.
The auto sector, which contributes more than seven percent of India’s gross domestic product, is facing one of its worst downturns.
Net profit fell 27.3% year-on-year to ₹1,435.5 crore, while the company’s net sales during the period fell 14.1% to Rs18,735.2 crore.
Tech Mahindra’s shares had underperformed in the market after its revenue growth went down sharply in the March quarter. Profit margins narrowed at a higher-than-expected pace as well, raising concerns Continue Reading »
He will replace Markus Braunsperger, who will be relocating to Europe after the completion of his five-year tenure.
Kona Electric is already available in global market in two motor trims – 100 kW (power: 39.2 kWh) and 150 (power: 64kWh).