TVS Motor Company reported sales of over 4.7 million two-wheelers and three-wheelers and revenue of INR 362.51 billion for the financial year 2024-25, reflecting a 14% growth compared to INR 317.76 billion in 2023-24. The company’s operating EBITDA margin for the year improved by 120 basis points to 12.3%, while profit before tax (PBT) rose […]
KPIT Technologies has entered into a collaboration with Mercedes-Benz Research and Development India (MBRDI) to support the development of software-defined vehicles (SDVs). The initiative focuses on accelerating product feature delivery, improving development efficiency, and contributing to the rearchitecture of the vehicle technology stack. The collaboration aims to support Mercedes-Benz’s global software development strategy, which emphasizes […]
Mahindra & Mahindra Ltd. (M&M) announced the acquisition of a 58.96% stake in SML Isuzu Ltd. (SML) for a total cash consideration of approximately USD 66.6 million. The acquisition involves purchasing 43.96% equity from Sumitomo Corporation and 15% equity from Isuzu Motors Ltd. at INR 650 per share. M&M will also make an open offer […]
Toyota Kirloskar Motor (TKM), in collaboration with Camdir Toyota and the Department of Skill Development & Entrepreneurship, has launched its 68th Toyota Technical Education Program (T-TEP) at Government Industrial Training Institute (ITI) Roing in Arunachal Pradesh. The facility includes a newly remodelled workshop and modern classrooms aimed at training students in automotive service technologies. The […]
Renault has inaugurated a new design centre near Chennai as part of its plans to increase local design and manufacturing capabilities in India. The Renault Design Centre Chennai (RDCC), located at Mahindra World City about 55 km south of Chennai, is part of the company’s strategy to roll out five new vehicle models in the […]
Tata Elxsi has signed a multi-year engineering deal valued at EUR 50 million with a European automotive original equipment manufacturer (OEM). As part of the engagement, the company will establish a dedicated Global Engineering Centre focused on software-defined vehicle (SDV) platforms, electrification, body and chassis development, and cloud-native technologies. The engineering centre will support the […]
Tata Motors filed 250 patents and 148 design applications in FY25, its highest number in a single financial year. The filings span multiple manufacturing and product innovation areas, including vehicle systems such as battery technology, powertrain, suspension, brakes, HVAC, and emission control. The company also filed 81 copyright applications and received 68 patent grants during […]
Hero MotoCorp has temporarily paused production at four of its six manufacturing plants—Dharuhera, Gurugram, Haridwar, and Neemrana—from April 17 to 19, 2025. The company cited short-term supply alignment as the reason for the move, which it described as a planned operational pause. The Tirupati and Halol plants will continue normal operations during this period. Hero […]
Mercedes-Benz India has reached a production milestone with the rollout of its 200,000th locally manufactured vehicle from its facility in Chakan, Pune. The milestone vehicle was an EQS SUV. The company has recorded an accelerated pace in output, manufacturing the most recent 50,000 vehicles in just over two years. The Chakan facility began operations in […]
Allison Transmission has expanded its manufacturing facility in Oragadam, Sriperumbudur, Chennai, following an additional investment of INR 7.63 billion, following an earlier commitment of INR 4.56 billion made during the Tamil Nadu Global Investors Meet 2024. According to the company, the expansion will enable it to scale up global production of fully automatic transmissions. The […]
