Autocar_Professional India Online News – Page 147

Lumax Auto Technologies Opens Technology Center in Bengaluru

Lumax Auto Technologies Limited (LATL), a Tier-1 supplier to Indian automotive manufacturers, opened its new Technology Center in Bengaluru on October 30, 2025. The facility, named the Smart Hub for Innovation and Future Trends (SHIFT), will focus on developing electronics engineering and digital capabilities for software-defined vehicles. The center will conduct research and product development… Continue reading Lumax Auto Technologies Opens Technology Center in Bengaluru

Lumax Auto Technologies Opens Technology Center in Bengaluru

Collaborations Vital to Nissan’s Turnaround, India a Core Pillar: CEO Espinosa

Nissan Motor Corporation’s global chief executive, Ivan Espinosa, said the automaker will rely on partnerships and modular collaborations to stay competitive in a rapidly changing industry, adding that India will play an increasingly important role as both a market and a base for engineering and exports. “Doing things yourself is very difficult,” Espinosa told Autocar… Continue reading Collaborations Vital to Nissan’s Turnaround, India a Core Pillar: CEO Espinosa

Not Sure Alto Is the Optimal Entry Car, but Suzuki Will Work on Entry-Level Models

As India’s car market shifts decisively towards SUVs and premium hatchbacks, Suzuki Motor Corporation is revisiting the fundamentals of its long-standing small-car strategy. While reaffirming its commitment to the entry segment, company president Toshihiro Suzuki has admitted that the future of its iconic small car — the Alto — is being carefully reassessed. “We don’t… Continue reading Not Sure Alto Is the Optimal Entry Car, but Suzuki Will Work on Entry-Level Models

Eight-SUV Blitz: Maruti Suzuki’s Roadmap to Reclaim 50% Market Share

Suzuki Motor Corporation has renewed its ambition to regain a 50% share of India’s passenger vehicle market, a level it last held in FY2018-19. The company plans to launch eight new model, including several SUVs over the next five to six years and expand its multi-fuel portfolio. It also targets leadership in electric vehicle manufacturing… Continue reading Eight-SUV Blitz: Maruti Suzuki’s Roadmap to Reclaim 50% Market Share

ixigo Reports 37% Revenue Growth in Q2 FY26; Bus and Flight Segments Lead Performance

Le Travenues Technology Limited, IXIGO, reported a 37% year-on-year increase in revenue from operations to ₹282.7 crore for the quarter ended September 30, 2025. The company’s Gross Transaction Value (GTV) rose 23% YoY to ₹4,347.5 crore, driven by strong growth in its bus (+51%) and flight (+29%) segments. Adjusted EBITDA increased 36% YoY to ₹28.5… Continue reading ixigo Reports 37% Revenue Growth in Q2 FY26; Bus and Flight Segments Lead Performance

Samvardhana Motherson Appoints Gandharv Tongia as CFO, Kunal Malani Elevated to Strategy Role

Samvardhana Motherson International Limited disclosed key leadership changes in its finance function during a board meeting held today, as part of organizational restructuring aligned with its Vision 2030 objectives. The board of directors approved the elevation of Kunal Malani to the position of President – Group Strategy & Transformation, effective November 15, 2025. Consequently, Malani… Continue reading Samvardhana Motherson Appoints Gandharv Tongia as CFO, Kunal Malani Elevated to Strategy Role

Montra Electric Opens Two New Dealerships in Maharashtra

Montra Electric has inaugurated two exclusive electric small commercial vehicle dealerships in Bhiwandi and Panvel, expanding its retail presence in Maharashtra’s logistics sector. The outlets will be operated by Autobahn VoltiGo, marking the company’s continued growth in India’s largest logistics market. The new dealerships are positioned in key areas of the Mumbai Metropolitan Region’s cargo… Continue reading Montra Electric Opens Two New Dealerships in Maharashtra

Transport Corporation of India Reports 8% Revenue Growth in Q2 FY2026

Transport Corporation of India Ltd. (TCI) reported consolidated revenue of ₹12,174 million for the second quarter ended September 30, 2025 — an increase of 8% over ₹11,314 million in the same period last year. Profit after tax rose 6% to ₹1,135 million, while EBITDA increased 7% to ₹1,624 million. For the first half of FY2026,… Continue reading Transport Corporation of India Reports 8% Revenue Growth in Q2 FY2026

Battery Strategy Most Difficult Issue, Says Toshihiro Suzuki

Maruti Suzuki’s long-delayed electric vehicle strategy proving to be a tough road with its first battery electric vehicle yet to debut in the domestic market. At the Japan Mobility Show 2025, Suzuki Motor Corporation President Toshihiro Suzuki acknowledged that shaping the company’s EV strategy remains one of its toughest challenges, even as it intensifies efforts… Continue reading Battery Strategy Most Difficult Issue, Says Toshihiro Suzuki