(Reuters) – Italian Vespa maker Piaggio posted a 22.5% fall in its first-quarter net profit on Thursday, as slower sales in Asian markets weighed.
Its net profit for the three months through end-March was 18.7 million euros ($20.05 million).
“After a number of slower months, since March the Far East has been showing signs of steadying and we expect to see a moderate improvement in sales during the year,” CEO Michele Colaninno said in a statement.
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New Fiat Panda: concept design confirmed, soon to be revealed for Fiat’s 125th birthday
The new Fiat Panda is almost ready to be revived. The successor to the iconic Italian citycar will be presented to the world on July 11, 2024, on the 125th birthday of the Fiat brand. The design, already anticipated by a Panda concept in past months, is confirmed: essential, modern and functional lines, for a car that aims at practicality, versatility and accessibility, without forgetting efficiency and sustainability.
New Fiat Panda: concept confirmation plus official presentation…
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Bajaj Pulsar will run on this fuel instead of petrol, check
Bajaj Pulsar NS400Z: Bajaj’s most powerful Pulsar NS400Z has entered the Indian market. It is also the cheapest motorcycle in its segment. Despite being equipped with a powerful 373cc engine, its ex-showroom price is only Rs 1.85 lakh. The company has also made changes in the engine of this new Pulsar. This engine also supports E20 fuel. Because of this its mileage will also be better. Also, the price of E20 is also lower than petrol. Let us tell you that ethanol is…
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Goodwood Revival will celebrate Jaguar’s legendary XK engine
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During that time, it was put to use in several iconic cars, purposed for both road use and competition in the likes of the Jaguar C-Type, D-Type and E-type. Alongside their normal escapades during races throughout the Revival weekend, we’ll also be witness to a special parade of up to 75 XK-engined cars with some significant history, including Le Mans-winning cars and period Goodwood race winners.
The XK was an inline six-cylinder engine first introduced as a 3.4-litre for the Jaguar…
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Honda opens new Solution R&D centre in Bengaluru for e-mobility technologies, ET Auto
Honda will continue to provide products with new added value that is uniquely Honda, through various technological advancements and innovations, bringing ‘the joy of freedom of mobility’ to its customers, the company said.New Delhi: Honda R&D (India) Private Limited (HRID), a subsidiary of Honda Motor Co., Ltd. and functioning as Honda’s research and development arm for motorcycles & power products in India, Thursday 0pened its new Solution R&D…
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Revolt RV400 e-motorcycle prices slashed by Rs 5,000
Revolt Motors has reduced the prices of the RV400 and RV400 BRZ electric motorcycles by Rs 5,000. The e-bikes are now priced at Rs 1.50 lakh and Rs 1.43 lakh (ex-showroom), respectively.Revolt is also offering an additional discount of Rs 10,000 on both bikes. Customers looking to trade in their existing bike can get an extra Rs 5,000 off.Revolt says that by optimizing production costs of spare parts and batteries, it has been able to offer the product at a competitive price.Mrs. Anjali…
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Source: https://www.team-bhp.com/news/revolt-rv400-e-motorcycle-prices-slashed-rs-5000?amp
Volkswagen partners with GeM to sell GNCAP 5 Star-rated cars to Govt departments, PSUs, ET Auto
Through GeM, Government agencies can procure their bulk or singular purchase of select variants of Taigun and Virtus that are both GNCAP 5-Star rated, available through a streamlined procurement process, the release added.Volkswagen Passenger Cars India Thursday announced its association with Government e Marketplace (GeM), to facilitate direct procurement of Volkswagen cars by Government departments.This strategic association aids in the brand’s…
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Bring home the gleaming Hero Super Splendor worth Rs 1 lakh for just ₹ 35000, know the price and offer
Hero Super Splendor: Hello friends, welcome to all of you viewers in today’s new article. Friends, in today’s time people are in great demand for bikes and it is also very difficult to ride them but people need bikes for various works, in such a situation you If you choose the bike which I will tell you for your needs, then it will provide you with an average and at the same time, you will get to see tremendous strength along with low price, so let us know all the…
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Source: https://www.timesbull.com/trends/news/hero-super-splendor-2024-05-09-267870.html
South Korea welcomes US decision to extend use of Chinese graphite in EVs, ET Auto
The ministry added that it would provide 9.7 trillion won (USD 7.11 billion) in financial aid to support efforts of the country’s EV sector to secure a self-sufficient supply chain.South Korea on Wednesday welcomed a US decision to extend automakers’ eligibility for electric vehicle tax credits for cars containing Chinese graphite through 2026. The US is trying to wean the electric vehicle battery chain away from China through its Inflation…
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Japan’s Asahi Kasei, Mitsui & Mitsubishi to conduct joint study
Asahi Kasei, Mitsui Chemicals, and Mitsubishi Chemical have decided to perform a joint feasibility study on feedstock and fuel conversion etc. at the three companies’ ethylene production facilities in western Japan in order to advance carbon neutrality and lead the decarbonization of society.Asahi Kasei, Mitsui Chemicals, and Mitsubishi Chemical are conducting a joint feasibility study on ethylene production to achieve carbon neutrality by 2050.
They aim to reduce GHG emissions by…
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