Recent Articles Published by Autocar Pro News Desk
Auto stocks under pressure as rising Covid-19 cases impact sentiment

By Shahkar Abidi calendar15 Mar 2021

Maharashtra recorded this year's highest one-day spike of 16,620 new cases on March 14 and this development is also ex...

Auto dealers’ fortunes to rebound to pre-Covid levels in FY2022: CRISIL

By Shahkar Abidi calendar13 Mar 2021

With 20-22% revenue growth and 50-100 basis points improvement in operating margin expected for FY2022; revenue and op...

Lumax to localise HVAC panel for global carmaker in India 

By Shahkar Abidi calendar03 Mar 2021

With the HVAC market in India billed to double to over Rs 1,100 crore by FY2027, the Tier 1 supplier is keen to tap th...

IHS Markit sees semiconductor shortage impacting auto industry till Q3-Q4, 2021

By Shahkar Abidi calendar26 Feb 2021

With the current shortage, semiconductor production has approximately doubled the normal lead time to at least 26 week...

Motherson Sumi reaffirms revenue target of US$36 billion by 2025

By Shahkar Abidi calendar24 Feb 2021

Motherson Sumi Systems’ restructuring exercise, which is expected to get complete by August this year, will allow the ...

Surge in personal mobility drives demand for petrol in January

By Shahkar Abidi calendar11 Feb 2021

Demand for petrol continued to rise for the fifth straight month in January 2020, rising by 6.3 percent year on year. ...

Gujarat Gas plans adding 130-150 CNG stations annually

By Shahkar Abidi calendar10 Feb 2021

According to the company’s top leadership the plan to add 130-150 CNG stations annually is three times of earlier targ...

Gulf Oil to complete Indra Renewable stake buy in 2-3 months

By Shahkar Abidi calendar09 Feb 2021

Gulf Oil Lubricants, part of the Hinduja Group, has acquired 7.85 percent stake in Indra Renewable Technologies, a UK-...

Mahindra to further ramp up new Thar production, steel and semiconductor shortage a worry

By Shahkar Abidi calendar09 Feb 2021

Despite increasing production by 50%, M&M has been unable to bring down the waiting period to meet the surging demand ...

Marelli Talbros Chassis Systems wins Rs 92 crore order from European carmaker

By Shahkar Abidi calendar06 Feb 2021

Supplies for the multi-year contract will begin in Q1 FY2022.