Mahle is taking a significant step in its transformation by refining its corporate structure to enhance agility and efficiency under its 2030+ strategy. The changes involve merging business units to strengthen the core areas of electrification and thermal management, both structurally and operationally. As part of this restructuring, Mahle will acquire the remaining 25 percent minority stake in its thermal management subsidiary, Mahle Behr GmbH and Co. KG, cementing its commitment to this strategic area. The group management board reduced from seven members to four, effective 1 January 2025.

Starting in 2025, Mahle consolidated its five business units into three. Four existing units merged to form two new entities, aligning related production technologies to accelerate internal collaboration and establish a more cohesive operational framework.

“Mahle is doing its homework for the transformation,” said Chief Executive Officer Arnd Franz. He added, “Through these far-reaching changes, we will make our business ready for the future. We are accelerating the implementation of our group strategy which will position us as an innovative and sustainably profitable shaper of future mobility.”

Chairman of the Mahle Supervisory Board Dr. Heinz K. Junker said, “Through the reorganisation and the resulting streamlining of the Management Board, we will significantly improve the integration of our group and be able to make more effective use of synergies.”

The company’s Chief Exectuive Officer emphasised that this reorganisation would not only improve internal cooperation but also provide new opportunities for locations historically tied to combustion engine technologies, enabling them to apply their expertise to emerging, future-oriented sectors. This restructuring is also expected to create a high-performance production network while delivering cost savings.

The new powertrain and charging business unit will integrate the former engine systems and components and electronics and mechatronics units. This move will leverage Mahle’s extensive experience in engine systems to advance its electrification strategy, focusing on efficient electric motors and intelligent charging solutions. A key success in this area is the development of the electric compressor, one of the company’s most prominent products.

Similarly, the thermal and fluid systems business unit will combine the former filtration and engine peripherals and thermal management units. By integrating filtration expertise into its thermal management capabilities, Mahle aims to deliver competitive, future-oriented technologies to the market. The company’s dedication to thermal management is further demonstrated by its full acquisition of Mahle Behr GmbH & Co. KG, completing a process that began with its initial stake in 2010.

The aftermarket division with its established product range and growing focus on electrification and digitalisation will continue as a standalone unit under the new name lifecycle and mobility.

Franz will remain management board chairman and CEO while also assuming the role of statutory Labour Director, as human resources will no longer be a separate function on the board. Dr Beate Bungartz, the current labour director, stepped down on November 29, 2024. Markus Kapaun will continue as Cheif Financial Officer. Jumana Al-Sibai, currently responsible for the thermal management unit, will lead the new thermal and fluid systems business unit. Martin Weidlich, previously in charge of filtration and engine peripherals departed the company on November 29, 2024.

Georg Dietz, presently heading the engine systems and components unit, will lead the new powertrain and charging business unit. Additionally, Martin Wellhoeffer, currently overseeing the electronics and mechatronics unit, will transition to the thermal and fluid systems unit as Chief Operating Officer.

With its restructured organisation, Mahle aims to strengthen its position in electrification and thermal management while ensuring a more agile and cost-effective approach to future challenges. 

“Following several major acquisitions in the thermal management field, this step will successfully complete the integration of this business in the Mahle Group,” said Franz.

Commenting on the development, Junker said: “On behalf of the Mahle supervisory bodies, I would like to thank the management board members Dr. Beate Bungartz and Martin Weidlich, who are now leaving the group, for their excellent and dedicated work. In his five years with Mahle, Weidlich has performed great services both for the filtration and engine peripherals business unit and in his group responsibility for operational excellence, production and purchasing. Over the past two years, Bungartz has successfully continued the development of our human resources organisation and has initiated the transformation dialogue with employee representatives in Germany. Bungartz and Weidlich have my best wishes for their personal lives and careers in the future. Equally, the supervisory bodies and I would like to thank Wellhoeffer for his considerable commitment as a management board member. Under his leadership for almost two years, the electronics and mechatronics business unit has significantly expanded the competences of Mahle in the fields of efficient electric drive systems and intelligent charging. We are convinced that Wellhoeffer will forge ahead with the operational excellence and transformation as COO of what is to be our largest business unit in the future."

Comments (0)

ADD COMMENT

Link Copied!

JS Auto Cast Foundry India (JSA), a subsidiary of Bharat Forge, has raised INR 3 billion crore in equity from Premji Invest (PI). Following the primary infusion of capital, Premji Invest will hold a 23 percent stake in the company on a fully diluted basis.

JSA is a supplier of ferrous castings for the industrial and automotive sectors. The company intends to use the capital to expand casting capacity, invest in medium casting capabilities, and pursue industry consolidation through acquisitions.

Since its acquisition by Bharat Forge in 2022, JSA has reported growth in revenue, exports, and profitability with a Compound Annual Growth Rate (CAGR) of 17 percent, 24 percent and 25 percent respectively.

Amit Kalyani, Vice Chairman & Joint Managing Director, Bharat Forge, said, “Since 2022 when we acquired JSA, the company has delivered excellent financial performance with topline, exports and profitability growing at a CAGR of 17 percent, 24 percent and 25 percent respectively, while enhancing its product mix and customer base. We are delighted to partner with Premji Invest (PI), a renowned and highly respected investor, in the next phase of JSA’s growth journey.”

The investment aligns with Premji Invest’s strategy of collaborating with engineering and manufacturing conglomerates on growth and consolidation initiatives.

Manoj Jaiswal, Partner, Premji Invest, said, “We are excited to partner with Bharat Forge, a premier engineering and manufacturing conglomerate in the country. Collaborating with leading conglomerates on their growth and consolidation journey is one of our strategic pillars. Through our investment in JSA, we look forward to jointly building a leading ferrous casting platform in the country.”

Comments (0)

ADD COMMENT

Link Copied!

Tier 1 supplier Schaeffler India is showcasing a range of motion technologies at the Symposium on International Automotive Technology (SIAT) 2026. The company's exhibit at Hall Zone D includes electrification solutions such as drives, motors and modules, alongside powertrain systems for internal combustion engines and hybrid vehicles.

The portfolio on display features chassis components, sensors, fuel delivery modules, and bearings designed to reduce friction in vehicles. The company is highlighting its local engineering capabilities and its work with manufacturers to develop mobility solutions within India.

Company executives are participating in the symposium's technical programme. Madhurisha Vippatoori, Chief Technical Officer, is chairing the Testing and Evaluation track. Deepak Kasturi, Head of Innovation India, is delivering a keynote address regarding Euro 7 standards and real-time emissions monitoring.

The company stated that its presence at the event reflects its focus on engineering innovation, energy efficiency and collaborative development with automotive customers and academia.

Harsha Kadam, CEO & MD, Schaeffler India, said, “As a leading mobility solutions provider in India, we at Schaeffler are proud to be associated with all the leading automotive customers in shaping the future of mobility. We are equally committed to supporting our customers across various types of powertrains that will support cleaner, electrified, and intelligent mobility. Together, we are shaping a more secure, sustainable, and future-ready India.”

Viswanathan Sambasivam, Division Head - Powertrain & Chassis India, said, “SIAT provides an ideal platform to demonstrate how we are shaping mobility for India. Our focus is on co-engineering with OEMs, accelerating technology transfer, and strengthening local value creation. The solutions we are bringing this year represent the next step in advancing clean, safe, and smarter mobility.”

Omkar Kulkarni, Division Head - E-Mobility India, said, “India is one of our most important engineering hubs. Our teams here are working closely with customers to design for India, build in India, and innovate for India. The technologies displayed at SIAT underline our ability to combine global expertise with local development capabilities.”

Comments (0)

ADD COMMENT

Link Copied!

The Indian automotive component industry was valued at USD 80.2 billion in FY2025, with the aftermarket segment contributing USD 11.8 billion. Data from the Automotive Component Manufacturers Association of India (ACMA) indicates the sector grew by 6.8 percent to reach USD 41.2 billion in the first half of FY2026. Industry projections suggest the component market will reach between USD 111 billion and USD 200 billion by 2030.

Against this growth, the ACMA Automechanika New Delhi 2026 trade fair will take place from 5 to 7 February 2026 at Yashobhoomi, New Delhi. Organised by Messe Frankfurt Trade Fairs India and ACMA, the event will host more than 870 exhibitors. The fair serves as a platform for manufacturers, distributors and service providers to showcase innovations in spare parts, electronics, diagnostics and workshop equipment.

The exhibition will feature participation from 20 countries, including Germany, Japan, Korea and the USA. Dedicated pavilions will highlight technologies from nations such as China, Italy and Taiwan. The event focuses on electrification, alternative fuels and digital authentication. Exhibitors will display ethanol-ready components, hydrogen systems and electric vehicle charging solutions.

Raj Manek, Executive Director and Board Member of Messe Frankfurt Asia Holdings, said, “As India prioritises quality-led development across sectors, ACMA Automechanika New Delhi 2026 will showcase how the auto components and aftermarket industry is advancing in sync with global trends. The show will unite visitors and exhibitors in a massive international gathering, converging cutting-edge innovations, sustainable component solutions and clean-fuel ecosystems. Global participants are increasingly drawn to India's pivotal role in this transition, with organisations showing strong enthusiasm for tech-driven solutions to combat climate change and build a thriving and a cleaner future”.

Vinnie Mehta, Director General of ACMA, added, "India’s automotive aftermarket is moving towards a more structured, quality-driven and globally aligned future. The auto component industry grew by 6.8 percent to USD 41.2 billion in the first half of FY26, supported by stable domestic demand, a resilient aftermarket and sustained investments in capacity expansion, localisation and technology upgradation. ACMA Automechanika New Delhi provides an important platform for industry stakeholders to engage with emerging technologies, regulatory developments and global market opportunities”.

Comments (0)

ADD COMMENT

Link Copied!

Sona BLW Precision Forgings (Sona Comstar) has announced its financial results for Q3 FY2026, reported revenue of INR 12.09 billion, a 39 percent increase YoY.

The company’s EBITDA grew by 25 percent to INR 3.2 billion with a margin of 25.2 percent, while net profit rose by 20 percent to INR 1.8 billion. Revenue from Battery Electric Vehicles (BEV) represented 38 percent of total turnover.

In the first 9-months of FY2026, the company secured six new programmes, bringing the total to 65 across 33 different customers. Additionally, Sona Comstar was awarded a programme from a new customer to supply hydraulic motor controller.

Vivek Vikram Singh, MD & Group CEO, Sona Comstar, said, “We achieved our highest-ever quarterly revenue, EBITDA, and adjusted net profit in Q3 FY2026. Our revenue grew strongly by 39 percent YoY, primarily driven by the expansion of our electric vehicle traction motor and railway business in India. BEV revenue share improved meaningfully to 38 percent in Q3 from 32 percent in Q2FY2026 and represents our second-best quarter till date in terms of absolute BEV revenue and share. We have commercialised a new product in this quarter, the hydraulic motor controller, leveraging our strengths in motors and controllers to develop the solution for a new application outside the current product portfolio. We continue to add new EV customers and win new EV programs from our existing EV customers. Moreover, we commenced sample production of in-cabin radar sensors in our new SMT line at Chennai facility in this quarter, making us one of the few automotive radar manufacturers in India with local SMT manufacturing capability.”

Comments (0)

ADD COMMENT

Link Copied!