AUTOMOBILE

AKWEL, a leading global manufacturer of automotive and heavy-vehicle components, has announced its financial results for the year 2024, reporting a net income of €24.2 million, marking a 32.3% decline compared to 2023. The company’s total revenue fell by 7.3%...

Mercedes-Benz India, the country's leading luxury carmaker, announced the inauguration of new facilities in Agra and Faridabad as part of its expansion into key potential growth markets. These market expansions align with the company's 'Go to Customer' strategy, targeting regions...

In a strategic move aimed at strengthening its global footprint in the rapidly evolving automotive interiors sector, Tata AutoComp Systems Ltd. has acquired the assets of IAC Sweden and IAC Asterix UK. The acquisitions mark a significant push into the...

According to the J.D. Power 2025 India Two-Wheeler Initial Quality Study (2WIQS) released on March 5, two-wheeler owners in India experience more quality-related issues as they accumulate kilometers on their vehicles. The study found that owners report an average increase...

Mahindra & Mahindra Ltd.'s South African unit has registered its highest-ever annual sales of 15,088 vehicles in the financial year that ended March 2025, driven by a record-breaking performance in March. The company sold 2,253 vehicles last month—its best monthly...

BMW Group India reported its highest-ever first-quarter car deliveries in 2025, recording a 7% year-on-year growth. The company delivered 3,914 cars (BMW and MINI) and 1,373 motorcycles (BMW Motorrad) between January and March 2025. Each month in the quarter—January, February,...

Emerson and Tata Elxsi co-hosted the Leadership Forum 2025 at The Leela Palace in Bengaluru, bringing together industry decision-makers to explore AI's impact on test and measurement. Under the theme 'Adding Intelligence to Test,' the forum examined how AI is...

Specialty chemicals company LANXESS has finalized the sale of its Urethane Systems business to Japan-based UBE Corporation. The transaction, initially announced in October 2024, was completed on April 1, 2025, after receiving approvals from all relevant antitrust authorities. LANXESS secured...

In a significant trend highlighting India's uneven but accelerating transition to electric mobility, Kerala and Delhi have emerged as clear leaders in different electric vehicle segments, according to the latest BNP Paribas research report on India's EV market. Kerala is...