Tier 1 supplier Minda Corporation, the flagship company of Spark Minda, has announced its financial results for the Q4 and FY2025.

The company reported a consolidated revenue of INR 13 billion for Q4 FY25, marking an 8.7 percent YoY growth. The EBITDA came at INR 1.53 billion, with its highest-ever EBITDA margin of 11.6 percent, Profit After Tax (PAT) at INR 520 million, representing a margin of 3.9 percent.

During the quarter, the company formed a strategic partnership with Flash Electronics to establish India’s fastest-growing electric vehicle (EV) platform. As part of this collaboration, Minda Corporation acquired a 49 percent equity stake in Flash Electronics. The partnership brings together complementary strengths, with Minda Corporation focusing on automotive body electronics and Flash Electronics specialising in engine and powertrain electronics. This alliance is expected to drive the creation of a comprehensive and synergistic product portfolio to accelerate EV market growth.

For FY2025, Minda Corporation reported consolidated revenue of INR 50.56 billion, representing an 8.7 percent YoY increase. EBITDA for the year stood at INR 5.75 billion, with an EBITDA margin of 11.4 percent and PAT at INR 2.55 billion, up 12.4 percent YoY.

Ashok Minda, Chairman and Group CEO, Spark Minda, said, “FY2025 was a year of consistent execution and strategic progress for Spark Minda. Amid an evolving industry environment, we stayed focused on strengthening core capabilities, enhancing technology integration, and deepening customer partnerships. These efforts have reinforced our ability to deliver value across key segments while building a more agile, innovation-led organization. As we conclude the year, we remain committed to driving sustainable growth, expanding market reach, and unlocking new opportunities through operational excellence and strategic investments.”

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Aumovio SE, formerly the Automotive group sector of Continental, has successfully spun off and is now trading as an independent company on the Frankfurt Stock Exchange.

The company, a global provider of hardware and software solutions for vehicles, opened trading at an initial share price of EUR 35.00, giving it a market capitalisation of EUR 3.5 billion.

Philipp von Hirschheydt, CEO, Aumovio, said, “Today’s listing marks the start of a new era in our history. We not only start the initial trading of our shares, but also the launch of Aumovio as a new and independent company. We are committed to play a key role in shaping the future of mobility as a leader for automotive technology and electronics. In doing so, we are combining our tradition and unique automotive expertise with a clear focus on shaping a promising future. I’d like to thank our entire team for their outstanding commitment over the past months. Today’s IPO will motivate us to consistently drive forward our strategy – for our shareholders, customers and employees.”

Aumovio starts its journey with a strong financial position, reporting no financial debt and having EUR 1.5 billion in cash funds as of 30 June 2025.

With over 86,000 employees, Aumovio is confident in its ability to deliver value-driven growth. The company has already shown improved profitability, with an adjusted EBIT margin of 2.7 percent in the first half of 2025. Looking ahead, Aumovio plans to increase its long-term sales to more than EUR 24 billion, up from EUR 19.6 billion in 2024. The company is also targeting a long-term adjusted EBIT margin of 6 percent to 8 percent.

The new shares are traded under the ticker symbol AMV0 on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange. At launch, one Aumovio share was allocated for every two Continental shares held by Continental shareholders. The IHO-Group, a strategic investment arm of the Schaeffler Group, holds approximately 46 percent of the total shares.

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Marelli, a global automotive technology supplier, has been recognised for its sustainable efforts with a 2025 Enlighten Award in the 'Sustainable Process' category. The award, presented on 16th September in Detroit, Michigan, honours the company’s Adhesive Wastewater Recovery Solution.

This new process, which was developed in Marelli's Kyushu, Japan plant and launched in late 2024, significantly improves water efficiency. It works by treating wastewater – classified as industrial waste – generated from cleaning machinery used in the manufacturing of vehicle interiors. The process separates, condenses and solidifies the adhesive residue, allowing the remaining water to be reused in other manufacturing operations.

This innovative solution recovers approximately 85 percent of the wastewater, eliminating the need for additional disposal steps and cutting water usage at the Kyushu plant by an estimated 8,160 kilograms per year.

The Enlighten Award, presented by the Center for Automotive Research (CAR) and Altair, celebrates advancements that reduce carbon footprint, mitigate water and energy consumption and promote material reuse.

Tsukasa Fujii, President of Marelli’s Interiors business, said, “We’re honoured to win the Altair Enlighten Award for our Adhesive Wastewater Recovery Solution. This innovation embodies the Marelli culture of aiming to use resources efficiently, drawing also from Japanese know-how, which in particular developed this solution. This was also made possible by the strong leadership of our factory managers, based on our ‘Plant First’ approach. We will continue to partner with automotive OEMs to contribute to a sustainable society, and we believe this technology will set new industry standards.”

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Iochpe-Maxion, a world leader in automotive wheels production and a leading producer of automotive structural components in the Americas, has received official validation from the Science Based Targets initiative (SBTi) for its net-zero emissions strategy. This approval confirms that the company’s climate goals are consistent with the ambition to limit global warming to 1.5°C and achieve net-zero emissions by 2050 at the latest.

The SBTi has classified both the company’s near-term and long-term targets for Scope 1, 2 and 3 emissions as aligned with 1.5°C mitigation pathways. Iochpe-Maxion has committed to reducing its absolute Scope 1 and 2 emissions by 63.2 percent by 2030, using 2019 as a base year. Over the same period, it will also cut its absolute Scope 3 emissions from purchased goods and services by 25 percent, using a 2024 baseline.

By 2040, the company aims to achieve net-zero greenhouse gas emissions across its entire value chain. This long-term objective involves a 90 percent reduction in both Scope 1 and 2 emissions from the 2019 baseline, and a 90 percent cut in Scope 3 emissions from the 2024 baseline.

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The Automotive Component Manufacturers Association of India (ACMA), the apex body representing the Indian auto component industry, has appointed Vikrampati Singhania, Managing Director, JK Fenner (India), as President, ACMA for the 2025–26 term.

He succeeds Shradha Suri Marwah, who had been leading ACMA for the president. In addition, Sriram Viji, Managing Director, Brakes India, is the next President Designate.

Vinnie Mehta, Director General, ACMA, said, “The appointment of Vikrampati Singhania as President and Sriram Viji as President Designate comes at a decisive moment for our industry. The auto component sector is navigating geopolitical volatility, supply chain realignments, and accelerating electrification. Their proven leadership will be invaluable in steering ACMA’s agenda on strengthening India’s global competitiveness, securing critical raw materials, and fostering R&D and innovation. I am confident that under their stewardship, ACMA will further our industry’s vision of building a resilient, sustainable, and future-ready mobility ecosystem.”

Vikrampati Singhania, said, “It is a privilege to lead ACMA at a time when India is rapidly emerging as a trusted global partner in mobility value chains. With exports crossing record highs and EV adoption reshaping the market, our task is to strengthen resilience and competitiveness. We must deepen localization, invest in advanced technologies, and embrace sustainability as a core business imperative. Together, with the government’s continued support and our industry’s commitment, we will work towards making India not only self-reliant but also a global leader in the next generation of mobility components.”

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