German tier 1 supplier Continental is set to unveil its latest advancements for the future of mobility on the theme ‘Advancing Mobility from Road to Cloud’ at the upcoming Auto Shanghai 2025.

The company will spotlight its cutting-edge software-defined vehicle technologies that promise to make driving safer, more exciting, autonomous, and sustainable.

A major highlight of the event is the announcement of the name for the future independent automotive company, following Continental's plan to spin off its Automotive Group Sector. This milestone will be revealed during a press conference led by Philipp von Hirschheydt, Executive Board member responsible for Automotive, scheduled for 23 April 2025.

The company will also debut several innovations at the show, including the Intelligent Driving Systems Luna and Astra, the Central Light Computer and the In2Visible Overhead Console. These technologies highlight the company’s commitment to scalable autonomous solutions, intuitive in-vehicle experiences and advanced system integration.

Enno Tang, President & CEO, Continental China, said, “Our goal is to boost innovation in China and make mobility safer, more exciting and autonomous. Auto Shanghai 2025 is the perfect platform to share our vision and collaborate with customers, partners, and consumers.”

From its powerful High-Performance Computers (HPC) and Zone Control Units (ZCU) to the intelligent Window Projection and AI-powered Night Vision Camera, Continental is building a comprehensive ecosystem that bridges the road and the cloud. The company is also pushing the boundaries of brake technology with its Future Brake System and electro-mechanical solutions that support next-gen electric vehicles.

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American technology company Visteon has launched in-house manufacturing of its next-generation high-resolution Analog and Digital Camera System and Display Backlight Unit (BLU) at its Chennai facility in India. The company said it has initially invested USD 10 million towards developing the manufacturing capabilities.

The new production lines will build analog and digital cameras with 1.3 MP-8MP HD resolution, which it claims offers significantly sharper visuals than traditional automotive cameras. It will support the demanding requirement from modern high-definition in-car displays and are optimised for seamless integration with Advanced Driver Assistance Systems (ADAS), helping drivers park, manoeuvre and navigate with greater safety and precision. 

Sachin Lawande, President and CEO, Visteon, said, “India plays a critical role in our vertical integration strategy. Localising production of camera systems and backlight units strengthens our ability to scale, innovate, and deliver next-generation cockpit technologies more efficiently to global markets.”

Visteon stated that this expansion compliments its existing display manufacturing in India, creating a more cohesive, vertically integrated production ecosystem for next-generation cockpit solutions.

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Pune-headquartered tier 1 supplier Varroc Engineering has announced its financial results for FY2025, with revenue of INR 81 billion, up 8 percent YoY.

The company reported profit after tax of INR 1.69 billion, which was down 46 percent YoY, as compared to INR 3.15 billion for same period last year. This the company attributed due to an exceptional item worth INR 1.47 billion on the back of restructuring of subsidiaries and exit from its joint venture in China.

For Q4 FY2025, the company reported revenue of INR 20.99 billion, up 11 percent YoY, profit after tax of INR 1.03 billion.

Tarang Jain, CMD, Varroc, said, "India has now become the 4th largest economy, and the GDP had a steady growth of 6.2 percent in Q3 FY2025. Softening of Inflation in the last few quarters and interest rates reduction globally encouraged our Central Bank to reduce Repo rate by 50 basis points. Weak growth in consumption, on top of global and regional conflicts and uncertain tariff regime, may impact discretionary spending which can have impact on automotive Industry. However, we remain confident about the medium-to-the-long-term growth prospects of automotive industry.”

He revealed that in FY2025, the company filed 25 patents of which more than 10 patents were already granted to Varroc, bringing the total filings to more than 120 for the company.

“We continue to strengthen our balance sheet and return ratios. The net debt of the company in FY2025 was reduced by INR 2,348 million and as a result the net debt to equity was reduced to below 0.5x at the end FY2025 from 0.64X at the end of FY2024. The absolute net debt figure was INR 7,480 million. ROCE (before tax) for FY2025 was 20.8 percent and free cash flow generation was also healthy at INR 3,116 million or 3.8 percent of revenue before growth CAPEX in land,” he added.

IN FY2025, the company also won new business wins estimated to add INR 11,734 million in revenue, with electric vehicle constituting more than 55 percent of it.

“It is more heartening to see business wins in our overseas operations also, which will improve profitability from FY 27 onwards. Our continuing focus on revenue growth, improvement in gross margin, control on fixed cost and optimization of capex and working capital will enable us to generate healthy free cash flows in the future also,” concluded Jain.

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Samvardhana Motherson International (SAMIL) has announced its financial results for FY2025, demonstrating significant growth across key metrics.

The company reported consolidated revenue of INR 1,136 billion, up 15 percent YoY. Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) rose by 17 percent to INR 108.77 billion, while Profit After Tax (PAT) saw a substantial 40 percent jump, reaching INR 38.03 billion.

Vivek Chaand Sehgal, Chairman, Motherson, said, "Our performance underscores the resilience and adaptability of our business. With a booked business value exceeding USD 88 billion, encompassing both automotive and non-automotive sectors, we have established a robust foundation for future growth."

He further congratulated the Motherson team for an ‘exceptional performance’ over the past five years, achieving record sales and integrating 23 acquisitions despite global volatility, all while maintaining a strong focus on free cash flow and reducing the leverage ratio to its lowest point in five years.

The company also highlighted its strategic advancements, including outpacing the industry by approximately 15 percent through content growth and mergers and acquisitions. Return on Capital Employed (ROCE) improved to 17.2 percent at a consolidated level, even amidst expansions. Net Debt to EBITDA stands at a comfortable 0.9x. Capital expenditure for the year was INR 44.33 billion, calibrated to market dynamics.

Furthermore, 14 greenfield projects are underway, with nine expected to commence operations in FY2026.

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Aumovio, the automotive business of Continental Group, will see Philipp von Hirschheydt, presently CEO, take on the additional duties of the Chief Financial Officer (CFO). This comes on the heels of Karin Dohm’s decision not to take on the intended role of CFO due to personal reasons.

It was on 23 April 2025, German technology company Continental Group revealed the new identity for its Automotive Business – Aumovio at the Auto Shanghai Show 2025.

Stefan E Buchner, Designated Chairman of the Supervisory Board, Auomovio, said, "We deeply regret her decision, but at the same time, have the greatest understanding and respect for her choice. Together with our strong team, we will consistently continue on the path we have begun and lead Aumovio into the future with responsibility and foresight."

The announcement is said to have no impact on the planned spin-off, with Aumovio on track to be listed on stock exchange in September 2025. The company stated that during the transition the existing Finance and Controlling team will take on additional responsibilities to ensure a seamless spin-off.

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