Royal Enfield maker Eicher Motors sets up Dutch unit for EU expansion plan | Company News

Royal Enfield Classic 350 By Tuhin Kar The maker of Royal Enfield motorcycles has incorporated a unit in the Netherlands with plans for a warehouse in the EU, after Brexit made it more difficult to move parts to mainland Europe.   India’s Eicher Motors Ltd. set up the Dutch arm to reduce… Continue reading Royal Enfield maker Eicher Motors sets up Dutch unit for EU expansion plan | Company News

Tata Motors to bolster sales infra as it looks to tap demand for EVs

Tata Motors is looking to expand sales outlets in Tier II and Tier III cities in order to cater to the increased demand for its electric model range from such locations, according to a top company executive. The company, which ended the first quarter with sales of around 19,000 electric vehicle units, is… Continue reading Tata Motors to bolster sales infra as it looks to tap demand for EVs

Eicher Motors rallies 3% on record Q1 earnings

Shares of Eicher Motors, the parent company of Royal Enfield motorcycles, surged nearly 3 per cent to touch a high of Rs 3,478 in intra-day tradeon Friday after the company posted its highest-ever net profit for the first quarter of the current financial year. The company reported a net profit of Rs 918… Continue reading Eicher Motors rallies 3% on record Q1 earnings

Eicher Motors Q1 net rises 50%, lines up Rs 1K cr capex for Royal Enfield

Eicher Motors, the parent company of Royal Enfield motorcycles, has reported a 50 per cent increase in its net profit for the first quarter of the current financial year, hitting a record Rs 918 crore. This is compared to Rs 611 crore during the same period in 2022-23, an increase driven by a rise… Continue reading Eicher Motors Q1 net rises 50%, lines up Rs 1K cr capex for Royal Enfield

Toyota Motor’s quarterly profit tops estimates, shares hit all-time high

Toyota Motor ’s quarterly profit exceeded estimates as improvements in supply of semiconductors and a weak yen helped it capitalise on a global rebound in demand for vehicles. The stock closed at a record high. Operating profit for the three months through June was a record ¥1.1 trillion ($7.7 billion), the world’s No.… Continue reading Toyota Motor’s quarterly profit tops estimates, shares hit all-time high