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- May 30th, 2025
AUTOMOBILE
Automobile | Crime Today News
Stay updated with the latest automobile news at Crime Today News. Get breaking updates on new car launches, electric vehicles (EVs), industry trends, auto regulations, and road safety. Explore expert reviews, innovations, and the future of the automotive world.
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Varroc, a global Tier-1 automotive supplier, has appointed Akshaykumar Chudasama as an Independent Director, effective May 29, 2025. The company aims to strengthen governance and enhance cross-border business expertise through this strategic move. Chudasama brings over three decades of legal...
Bajaj Auto Limited announced its consolidated financial results for the fourth quarter and full year ended March 31, 2025. The company reported a profit before tax of ₹2,484 crore for Q4 FY25 and ₹10,224 crore for the full year, marginally...
Ola Electric expects a sharp recovery in its Q1 performance with revenues forecast to rise to Rs 850 crore and gross margins to improve to as much as 30%, after what Chairman and Managing Director Bhavish Aggarwal described as a...
Bajaj Auto’s Executive Director Rakesh Sharma warned that the shortage of rare earth magnets—a key component in electric vehicle motors—could significantly impact the company’s production plans by July if supply bottlenecks persist. “The rare earth situation is a very difficult...
Ola Electric Mobility Limited reported a net loss of ₹2,276 crores for the financial year ending March 31, 2025, compared to ₹1,584 crores in the previous year. The company's consolidated revenue from operations declined to ₹4,514 crores from ₹5,010 crores...
After ending FY25 with a 6% growth in motorcycle registrations despite quarterly volatility, India’s two-wheeler market is expected to maintain a steady 5–7% growth range in FY26, according to Rakesh Sharma, Executive Director, Bajaj Auto. The electric scooter segment, however,...
Motherson Group has set a new five-year revenue target in line with its practice of coming out with five-year plans twice every decade—consolidated net sales of $108 billion by FY30. Its last five-year plan was announced in 2020, with a...
Electric two-wheeler major Ola Electric Ltd, which was earlier expecting its automotive segment to break even at average monthly sales of 50,000 units, is now projecting EBITDA breakeven for the business at the monthly sales of approximately 25,000 units. “And...
Bajaj Auto reported its highest-ever revenue of over Rs 50,000 crore in the financial year ended March 2025--marking an increase of 12% on year--alongside record profit and cash reserves, fueled by robust electric vehicle sales, strong export momentum, and a...
Samvardhana Motherson International Ltd (SMIL) is significantly increasing its strategic investments, with capital expenditure for the financial year 2026 (FY26) projected to rise by 35% year-over-year. According to its investor presentation, the company plans to incur capital expenditures of Rs...
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