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Organised tyre retreading to grow at 7-9% CAGR during FY2023-26, as recycling norms provides push

Shahkar Abidi     calendar08 May 2024

Re-treading costs 20-50% of a new tyre due to the reuse of the casing, a key component accounting for roughly one-third of the tyre's total cost. Trucks dominate the CV segment, contributing 60–65% to the retreading market, followed by buse...

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Greaves Cotton Vice Chairman Nagesh Basavanhalli to step down from post News
Greaves Cotton Vice Chairman Nagesh Basavanhalli to step down from post

autherAutocar Pro News Desk calendar08 May 2024

Basavanhalli will continue in his position until the identification, selection and transition to the new leadership in...

Greaves Cotton's e-mobility business skids on FAME-II subsidy withdrawal News
Greaves Cotton's e-mobility business skids on FAME-II subsidy withdrawal

By Shahkar Abidi calendar08 May 2024

Removal of the subsidy led to an increase in Greaves Electric's product prices, which in turn led to a drop in demand....

Bharat Forge CV growth moderates, exports shine News
Bharat Forge CV growth moderates, exports shine

By Shahkar Abidi calendar08 May 2024

Bharat Forge's CV segment generated revenues of Rs 242.1 crore in Q4FY24, down from Rs 285.4 crore in Q4FY23.

Rane Engine Valves Q4 PAT dips 4% at Rs 4.7 crore News
Rane Engine Valves Q4 PAT dips 4% at Rs 4.7 crore

autherAutocar Pro News Desk calendar07 May 2024

The company clocked total revenue at Rs 151.2 crore for Q4 FY24 compared to Rs 136.5 crore in Q4 FY23, an increase of ...

Strong response to Chennai Edition of India Fastener Show News
Strong response to Chennai Edition of India Fastener Show

autherAutocar Pro News Desk calendar07 May 2024

152 exhibitors showcased the latest advancements, trends, and solutions in the fastener, fixing, and fastener manufact...

BorgWarner supplies Polestar BEV SUVs with electric torque vectoring and disconnect system News International
BorgWarner supplies Polestar BEV SUVs with electric torque vectoring and disconnect system

autherAutocar Pro News Desk calendar07 May 2024

Electric Torque Vectoring and Disconnect (eTVD) system for battery electric vehicles adaptively improves vehicle safet...

Hyundai Mobis starts building EV battery system plant in Spain to supply Volkswagen News International
Hyundai Mobis starts building EV battery system plant in Spain to supply Volkswagen

autherAutocar Pro News Desk calendar06 May 2024

The new plant in Spain represents a significant strategic entry into Western Europe and will serve as a dedicated faci...

Autocar Professional’s May 1, 2024, issue is out! News
Autocar Professional’s May 1, 2024, issue is out!

By Chandan B Mallik calendar04 May 2024

This specially curated 64-pager issue offers a review of the key events in the automotive industry in the past few day...

Jesus Maria Herrera Barandiaran resigns as non-executive director of CIE Automotive India News
Jesus Maria Herrera Barandiaran resigns as non-executive director of CIE Automotive India

By Shahkar Abidi calendar03 May 2024

In a letter addressed to the company's board, Barandiaran expressed his belief in India's significance as a key geogra...