Autocar_Professional India Online News – Page 188

Escorts Kubota Expects High Single Digit Growth for Tractor Industry in FY26

Escorts Kubota Ltd (EKL) has projected mid to high single-digit growth in domestic tractor sales by 2025-26 on account of good rainfall projections and the government’s focus on agriculture infrastructure. “This is for sure that the industry is looking at the highest-ever volume in the tractor market this year. And if all things fall into… Continue reading Escorts Kubota Expects High Single Digit Growth for Tractor Industry in FY26

Exports to Rise to 20-25% of Escorts Kubota Volumes in FY26 from 4.3%

Escorts Kubota Ltd. (EKL) is aiming for 20-25% exports of total volumes in the financial year 2025-26. According to Neeraj Mehra, Chief Officer of the Tractor Business Division, EKL’s exports saw a 36% growth in the last quarter (January-March), though on a low base, despite challenging conditions in key markets like Europe. The company exported… Continue reading Exports to Rise to 20-25% of Escorts Kubota Volumes in FY26 from 4.3%

Trump slashes import tariff for UK-made vehicles to 10%

UK-made vehicles imported into the US will be hit with a reduced tariff of 10%, president Donald Trump has announced, but only for the first 100,000 cars exported. It follows more than a month of negotiations between British and American officials after Trump announced sweeping import tariffs on foreign-made products, including a 25% tariff on new cars. All tariffs were due to start on… Continue reading Trump slashes import tariff for UK-made vehicles to 10%

Mahindra XEV 9e and BE 6 total dispatches to dealers cross 11,000 mark

Taking off from where it left in FY2025 when it clocked best-ever fiscal year sales of 551,487 SUVs, Mahindra & Mahindra has registered wholesales of 52,330 SUVs in April 2025, up 28% YoY (April 2024: 41,008 SUVs). Last month’s total includes 2,991 units of the two born electric SUVs – the XEV 9e and BE… Continue reading Mahindra XEV 9e and BE 6 total dispatches to dealers cross 11,000 mark

Mahindra XEV 9e and BE 6 total dispatches to dealers cross 11,000 mark

Bharat Forge Reports Decline in Profit and Revenue for Q4 and Full Year FY25

Pune-based engineering giant Bharat Forge has reported a decline in standalone profit after tax for the fourth quarter of the financial year 2025 (Q4FY25). The company’s net profit stood at Rs 345.5 crore, marking a 11.3% decrease from the Rs 389.7 crore recorded in the same period last year (Q4FY24). The revenue for the quarter… Continue reading Bharat Forge Reports Decline in Profit and Revenue for Q4 and Full Year FY25

Bosch Bets Big on India as Strategic Growth Market Amid Global Overhaul

As global trade faces rising geopolitical uncertainty and economic volatility, Bosch Group is doubling down on India as one of its key strategic growth markets, alongside North America, even as the company undertakes structural job cuts and cost optimizations across Europe. Speaking at Bosch’s Annual Media Conference, Chairman Stefan Hartung and Board Member Markus Forschner… Continue reading Bosch Bets Big on India as Strategic Growth Market Amid Global Overhaul

Tata Motors Expands Vehicle Scrapping Network with Eighth Facility in Kolkata

Tata Motors, India’s largest commercial vehicle manufacturer, inaugurated its eighth Registered Vehicle Scrapping Facility (RVSF) in Kolkata today, expanding its nationwide network of sustainable vehicle recycling centers. The new facility, named ‘Re.Wi.Re — Recycle with Respect,’ has the capacity to dismantle 21,000 end-of-life vehicles annually across multiple vehicle categories. The Kolkata scrapping center, operated by… Continue reading Tata Motors Expands Vehicle Scrapping Network with Eighth Facility in Kolkata

Escorts Kubota Reports 15.7% Growth in FY25 Standalone Profit to ₹1,250.9 Crore

Escorts Kubota Limited (EKL) announced a 15.7% increase in standalone net profit to ₹1,250.9 crore for the fiscal year ended March 2025, according to a press release issued today in Faridabad. The company’s revenue from continuing operations rose 4.7% to ₹10,187.0 crore, compared with ₹9,730.7 crore in the previous year. The agricultural and construction equipment… Continue reading Escorts Kubota Reports 15.7% Growth in FY25 Standalone Profit to ₹1,250.9 Crore