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Tata AutoComp, Japan’s Ichikoh To Focus On Automotive Lighting Business In India
August 05, 2025
As per the understanding, Tata AutoComp Systems and Ichikoh form a JV to acquire Valeo’s lighting business in India will see the partners acquiring Valeo Lighting Systems (VLS) business of Valeo India.
MT Bureau
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Continental Reports EUR 506 Million Profit For Q2 CY2025
August 05, 2025
This improved performance was driven by rigorous cost-cutting and sustained price adjustments. The Automotive sector also secured a strong order intake of EUR 5.7 billion for the quarter, exceeding its sales figures.
MT Bureau
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Bosch India Q1 FY2026 Revenue Rises 10.9%, PAT At INR 11.15 Billion
August 05, 2025
During the quarter, automotive segment product sales grew by 14.3 percent YoY, with the Power Solutions business – forming the bulk of these sales – rising 13.7 percent on the back of strong off-highway demand and moderate growth in the passenger car
MT Bureau
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Sona Comstar Reports Q1 FY2026 Net Profit At INR 1.24B, Down 12%
August 04, 2025
During the period, the revenue from Battery Electric Vehicles (BEVs) dropped 25 percent YoY to INR 2.10 billion, accounting for 28 percent of the total revenue. However, EV programmes now contribute 75 percent of the company’s INR 262 billion net order
MT Bureau
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Sundram Fasteners Reports Record Profits For Q1 FY2026
August 01, 2025
The growth was primarily fuelled by a robust domestic market, with domestic sales rising 8.78 percent to INR 9.30 billion. However, export sales faced challenges, declining to INR 3.79 billion.
MT Bureau
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ZF Group Bags Order To Supply EPB System For EV Maker In India
July 31, 2025
The company shared that the EPB system will support India’s growing shift towards electrification, safety and next-generation vehicle technologies. It also aligns with ZF’s strategy of ‘Make in India for India and the World’.
MT Bureau