Automotive

In this segment of Overdrive, we take a look at Brixton Cromwell 1200, an Austrian brand with a British-sounding name, a Chinese manufacturing partner, and a bike that looks like it time-travelled from 1968 wearing a Triumph disguise. Meet the Cromwell 1200. It's not heritage in the classic sense. It's heritage by intent. But in a world where image often matters more than origin, does it make a difference?

Hero MotoCorp Q3 FY25: Decent show with attractive valuation

The company reported third consecutive quarter with revenue in excess of Rs 10,000 crore

M&M Q3 FY25: Auto drives the numbers, farm equipment does its bit too

The company’s growth outlook remains strong on the back of rising demand and the roll-out of new products

Union minister Kumaraswamy proposes ICAT's third EV and automotive tech centre in Bengaluru

The proposed facility will focus on advancements in EV technology, software-defined vehicles, autonomous systems, and data security.

PM Modi inaugurates Bharat Mobility Global Expo, says India's automotive industry is future-ready

PM inaugurated the Expo at Bharat Mandapam in presence of Union ministers Nitin Gadkari, H D Kumaraswamy, Jitan Ram Manjhi, Manohar Lal, Piyush Goyal and Hardeep Singh Puri, and leaders of the automobile sectors.

Karnataka to establish CoEs in automotive technology, space tech and gaming

The Karnataka Innovation and Technology Society has recently invited RFPs for the selection of implementing partners for three Centres of Excellence (CoEs). The state government has allocated Rs 10 crore for each CoE over five years.

Berger Paints Q4: why we see limited upside

Current valuation and potential competition take shine off the stock

MeitY unveils Digital India futureLABS for creating next gen technologies

Minister for State for Electronics and Information Technology Rajeev Chandrasekhar said that the funding for the Digital India futureLABS will come out of R&D budget of various ministries, as well as the Rs 1 lakh crore corpus that was announced in the interim budget on February 1

Salesforce rolls out Automotive Cloud to deliver enhanced customer experience

Automotive Cloud will unify automaker’s data of vehicle telematics, service records, customer data etc and will power features that provide a real-time, contextualized view of what’s going on inside a vehicle to help get a personalized experience.

ASK Automotive to outgrow industry by at least 5%-7%: CMD Kuldip Rathee

The CMD also talked about the effect of Covid and changes in commodity prices on the company, whose Rs 834-crore public issue opened for subscription, and how the company plans to deal with it.

CLSA upgrades Tata Motors with Buy rating, sets target price at Rs 624 per share

This positive outlook comes on the back of encouraging retail sales figures for Jaguar Land Rover (JLR) in April, with notable growth in the American and Chinese markets offsetting a decline in Europe.

COD: Should you have silver in your portfolio?

The momentum of silver demand can be gauged from the fact that it took just two years of undersupply to wipe out the cumulative surpluses from the previous decade

Logistics Q4 Preview: Buoyant demand to drive sales, but margins under pressure

A pause in interest rate hikes aided recovery in the automobile sector, likely a key growth tailwind for logistics firms in the January-March 2023 quarter.

Renault Nissan signs pact with Kamarajar Port for export of locally-manufactured cars

The vehicles produced at the Chennai plant will be exported to the alliance’s regional and global destinations.

L&T Technology Services announces CoE in Mysore to offer automotive solutions on AWS

The CoE will allow L&T Technology Services to transition its suite of technologies focused on the future of mobility and reduce time-to-market for end customers.

Bentley launches Bentayga Extended Wheelbase for Rs 6 crore

Bentley Bentayga is a super luxury crossover SUV produced by Bentley Motors since late 2015, and the EWB variant is 180mm longer than the standard version

How the war in Ukraine has affected automotive supply chains

Existing supply chain issues are likely to exacerbate as the crisis in Ukraine continues

Global chip shortage intensifies, hits a 21-weeks record high

The automotive industry is set to face the biggest brunt of the chip shortage with analysts forecasting that the entire sector will suffer an estimated $110 billion loss in sales, although other estimates put that figure as high as $210 billion.

Citroen C5 Aircross Review: What you need to know about the new Peugeot SUV

First-drive impressions of the Citroen C5 Aircross, which has its task cut out for it, but seems to have a product that makes a case for car owners looking for comfort above anything else.

Negative outlook for automotive dealership segment: ICRA

The on-going downturn in the automotive industry has severely impacted the profitability of automobile dealerships which is expected to be at a five year low, Icra said in a statement.

Reporter's Take | Is your car’s safety stuck in red tape?

Uttaresh Venkateshwaran is in conversation with Moneycontrol's Swaraj Baggonkar to discuss why policy initiatives to shore up safety on Indian roads has been tangled up in red tape, much the detriment of commuters.

HCL Technologies to buy German IT & engineering co H&D international

H&D has a strong footprint in the German and Central European automotive markets and is the IT services provider to one of Germany’s biggest car manufacturers

Nissan moves India MD to advisory role, reshuffles two more portfolios

The latest shake-up in roles is believed to be aimed at putting the company back on growth path.

This week in Auto: Tata launches Nexon, Mahindra-Ford explore partnership

Here is the list of all the important developments of the week from the automotive world

Minda's R&D focus & next-gen product innovation plans to give it more wheels

On the face of it, the company merits attention owing to a number of reasons. It has marquee clients in its kitty and an even spread of clientele. It is putting a premium on its R&D work to develop technologically advanced products and bring a turnaround at its joint venture Minda Furukawa.