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Mercedes-Benz India Rolls Out 200,000th Made-in-India Car From Chakan Facility
April 15, 2025
Interestingly, in the last two years Mercedes-Benz India produced 50,000 cars, which the OEM stated demonstrates the rapid evolution of India's luxury car market and the increasing aspiration for the Mercedes-Benz brand among Indian customers.
MT Bureau
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NueGo Integrates ADAS Tech Across Its E-Bus Fleet
April 15, 2025
The company began its operations in 2022 and focusses on providing clean mobility solutions along with integrating various industry-first technology in its fleet.
MT Bureau
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MAHLE Reports EUR 22 Million Net Profit For 2024
April 15, 2025
While most business units saw declining revenues – such as a 9.9 percent dip in Thermal Management and 8.0 percent in Engine Systems – Aftermarket emerged as a bright spot with 6.2 percent growth, bolstered by strong performance in Asia-Pacific.
MT Bureau
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Atul Greentech Partners Amara Raja Group For LFP Battery Packs & EV Chargers
April 15, 2025
To start with, Amara Raja will supply batteries for Atul Greentech’s three-wheelers from its Giga Corridor in Divitipalli, Telangana. The partners will also collaborate for future battery chemistries.
MT Bureau
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India’s Auto Industry Rides the Momentum: Record Highs & Renewed Optimism Mark FY 2024-25
April 15, 2025
While the pace of growth varied across segments, the industry overall clocked a healthy 7.3 percent increase in domestic sales, reinforcing its steady recovery trajectory in a post-pandemic economy.
Nilesh Wadhwa
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India Can Attain 8% Global Share in Auto Components by 2030 Says NITI Aayog Report
April 15, 2025
It estimates India’s global traded auto component market at USD 20 billion, with the global industry driven by transmission, engine components and steering systems.
Mohnish Bose
