Bosch Group reported EUR 90.3 billion in revenue for 2024, down 1.4 percent YoY, with operating EBIT falling to EUR 3.1 billion. Despite the decline, the company remains committed to its Strategy 2030, targeting 6–8 percent annual growth and a 7 percent EBIT margin by 2026.

Chairman Stefan Hartung confirmed ongoing cost optimisation, structural adjustments, and job cuts in Europe to improve competitiveness. Bosch posted a 4 percent YoY sales increase in Q1 2025.

The company has also announced EUR 250 million investment in startups via Bosch Ventures and plans to double its Scope 3 emissions reduction target to 30 percent by 2030.

Bosch expects modest global growth in 2025 (2.25–2.75 percent) and aims for 1–3 percent organic sales growth. Acquisitions of Johnson Controls and Hitachi’s HVAC businesses may further boost sales by up to 2 percent.

Mobility: Sales fell 0.7 percent to EUR 55.8 billion. Bosch is expanding in hydrogen and EV technologies.

Consumer Goods: Sales rose 1.6 percent to EUR 20.3 billion. Bosch is increasing product launches and regional manufacturing.

Industrial Technology: Sales declined 13 percent to EUR 6.4 billion amid weak global demand.

Energy & Building: Sales dropped 2.7 percent to EUR 7.5 billion, with growth expected from new HVAC acquisitions.

Regional sales fell in Europe but grew in the Americas (+4.8 percent) and Asia Pacific (+0.7 percent). R&D spend reached EUR 7.8 billion, with free cash flow at EUR 0.9 billion.

Bharat Forge, one of India’s leading automotive component suppliers, has demonstrated resilience in its standalone financial performance for the fourth quarter and full fiscal year 2025, navigating global headwinds while capitalising on robust growth in its defence sector business.  The company showcased a steady performance despite challenges in certain international markets.

For Q4 FY2025, Bharat Forge recorded standalone revenues of INR 21 billion, with an EBITDA of INR 6 billion, translating to a healthy EBITDA margin of 29.1 percent. The company also reported a Profit Before Tax (PBT) of INR 4.9 billion.

For FY2025, Bharat Forge reported standalone revenues of INR 88 billion, a marginal dip of 1.4 percent compared to the INR 89 billion recorded in FY2024. Despite this slight decrease in revenue, the company managed to improve its profitability, with EBITDA at INR 25 billion (EBITDA margin of 28.5 percent) and PBT at INR 19 billion, both showing a marginal improvement compared to the previous fiscal year. The company also highlighted a strong balance sheet with cash on books of INR 26 billion.

The company stated that FY25 Revenues remained flat despite weakness in European CVs, mixed performance in export PV business. Oil & Gas recouped from the lows of FY24 while Defence displayed steady growth.

At a consolidated level, Bharat Forge reported revenues of INR 15.1 billion in FY2025, remaining relatively flat compared to the INR 15.6 billion in FY24. However, the company saw a significant improvement in consolidated EBITDA margins, rising from 16.4 percent to 18.2 percent.

A significant highlight of the year was the strong order inflow, particularly in the defence sector. During Q4 FY25, the company secured new orders worth INR 43 billion, including a substantial INR 34 billion towards the ATAGS order. As of March 2025, the defence order book stood at a robust INR 94 billion. For the entire fiscal year, the Bharat Forge group secured new orders worth INR 69 billion, with the defence sector accounting for an impressive 70 percent of these new wins.

The company also highlighted the strong performance of its ferrous castings business, which witnessed significant growth with revenues increasing by 23 percent, EBITDA by 35 percent, and a doubling of profits compared to FY2024. Key return ratios for this segment exceeded 20 percent.

Looking ahead to FY2026, Bharat Forge outlined its strategic focus on improving consolidated profitability through several internal actions. These include reducing losses in the e-mobility vertical, evaluating options for the steel business in Europe, improving operational performance in the aluminium business, leveraging North American manufacturing footprint and focusing on new business wins across traditional forgings, defence, aerospace and castings. The company also anticipates the integration of the AAM India business in FY2026, which is expected to further enhance its product portfolio and presence in the Indian market.

German technology company Continental has achieved a new 200 million radar sensors production milestone, highlighting its leading position in automotive safety technology with over 20 percent market share. This achievement the company states reflects the increasing adoption of advanced driver assistance systems (ADAS) towards autonomous driving.

The company reached 100 million units between 1999 and 2021, doubling this figure in just four years. This rapid growth signifies technological advancements and strong demand for vehicle safety features. Continental has also secured major new orders for radar sensors worth around EUR 1.5 billion, with production starting in 2026 and 2027.

Ismail Dagli, head of Autonomous Mobility at Continental, said, “The mark of 200 million sensors produced – and the major series orders – emphasise that Continental stands for high-tech engineering, pioneering spirit and customised technology solutions for every application in the automotive market. Radar sensors are a key component for the mobility of today and tomorrow. Without a differentiated portfolio of various radar systems, such as those from Continental, autonomous driving would not be possible.”

The rise in radar sensor sales is due to their essential role in modern driver assistance systems, enhancing safety and comfort. Modern vehicles can utilise nine or more radar sensors for functions like adaptive cruise control, emergency braking and blind spot detection, often combined with other sensors. Radar systems are also vital for highly automated and autonomous vehicles, providing crucial 360-degree environmental awareness.

Tier 1 supplier Uno Minda has announced that its Board of Directors has approved setting up a manufacturing facility for two-wheeler alloy wheels in Bawal, Haryana, for an investment of INR 2 billion.

The facility, expected to commence operations in Q2 of FY2027, will produce around 1.5 million alloy wheels annually and is aimed at catering to recently secured orders and rising market demand.

Furthermore, Uno Minda has also commenced commercial production of the expansion project of an additional 2 million alloy wheels at Supa, Maharashtra. This expansion was originally announced in May 2024.

It was in FY2021, Uno Minda entered the two-wheeler alloy wheel market, with a greenfield facility in Supa, Maharashtra, with an initial capacity of 4 million wheels. At present, the company has already scaled the production to 8 million units.

Once the Bawal facility is completed, Uno Minda’s total installed capacity for two-wheeler alloy wheels reach 9.5 million wheels per annum.

American powertrain major BorgWarner has secured a contract with a global OEM to deliver its 400-volt HVCH (High-Voltage Coolant Heater) on a series of its plug-in hybrid electric vehicle (PHEV) platforms.

With production set to start in 2027, the HVCH PHEV will be incorporated in mid-size pickup trucks, SUVs and minivans. The deal is also BorgWarner’s largest HVCH PHEV award in North America to date based on expected volumes.

The 400V HVCH provides a compact and flexible design, which supports a wide variety of vehicle designs for OEMs, thus doing away with the need for a major overhaul on the vehicle platforms. By offering a high thermal power density thanks to its unique brazed aluminium fin technology with a power ranging up to 10 kW, it provides optimal heat transfer, improve flow distribution and help to degas and prevent bubble accumulation.

Dr Volker Weng, Vice-President, BorgWarner Inc. and President & General Manager, Turbos and Thermal Technologies, said, “BorgWarner has been collaborating with this global OEM on a variety of projects and is looking forward to furthering our relationship by providing this efficient solution for battery and cabin heating. Our HVCH technology compared to other heaters allows us to provide a solution that improves robustness and provides cost improvements for our customer without altering the overall vehicle environment.”