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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
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BMW M Drift Academy To Be Held In Mumbai
April 14, 2025
The two-day event will take place at Raymonds Compound in Thane West, Maharashtra on 26 April 2025.
MT Bureau
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Volkswagen India Launches Tiguan R-Line At INR 4.89 Million
April 14, 2025
The Tiguan R-Line is powered by a 2.0-litre TSI EVO petrol engine that produces 204 PS and 320 Nm of torque.
MT Bureau
