Consolidated revenue for M&M’s automotive segment grew 15% to Rs 21,755 crore in Q2 FY25, compared to Rs 18,869 crore in the same quarter last year. The division’s consoliadted profit before interest and tax (PBIT) showed robust growth, rising to Rs 1,952 crore from Rs 1,431 crore, with PBIT margins expanding to 9.0% from 7.6%… Continue reading M&M’s Q2FY25 results get a boost from automotive segment
Author: Autocar_Professional India Online News
Stellantis expands Lab and Office in Bengaluru
Stellantis has announced the inauguration of its expanded lab and office facilities in Bengaluru, marking a significant step in enhancing its capabilities in automotive technology. The expansion increases seating capacity by 50%, aimed at fostering better collaboration among team members. The new facilities, which are led by Stellantis’ Chief Software Officer, Yves Bonnefont, are positioned… Continue reading Stellantis expands Lab and Office in Bengaluru
Honda unveils 25YM European line-up and EV concepts at EICMA 2024
Honda unveiled two new EV concepts designed to expand its electric vehicle portfolio. The EV Fun Concept is a sports-oriented electric motorcycle that offers performance comparable to a mid-sized internal combustion engine (ICE) motorcycle. It features a sleek, futuristic design, a battery compatible with CCS2 quick charging, and a projected range of over 100 km.… Continue reading Honda unveils 25YM European line-up and EV concepts at EICMA 2024
Epsilon and Daejoo partner to develop Silicon-Graphite Composite for enhanced EV battery performance
Epsilon Advanced Materials (EAM), a global manufacturer of lithium-ion battery (LiB) anode and cathode materials, and Daejoo Electronic Materials (Daejoo), a South Korean producer of silicon anode materials for LiBs, have announced a joint development program. The program aims to create a silicon-graphite composite that combines Epsilon’s graphite with Daejoo’s silicon material to achieve greater… Continue reading Epsilon and Daejoo partner to develop Silicon-Graphite Composite for enhanced EV battery performance
IGNYTE debuts at EICMA 2024 with over 36 ECE 22.06/DOT certified models
IGNYTE Helmets, the premium line from Steelbird Helmets, officially entered the European market with an impressive showcase of over 36 new helmet models at EICMA 2024 in Milan. EICMA, the world’s leading motorcycle trade show, provided IGNYTE the platform to introduce its diverse range of helmets, each certified to ECE 22.06, the European standard for… Continue reading IGNYTE debuts at EICMA 2024 with over 36 ECE 22.06/DOT certified models
Allison Transmission and Ashok Leyland introduce fully automatic Low-Floor city buses in Tamil Nadu
Allison Transmission and Ashok Leyland, a leading commercial vehicle manufacturer in India and part of the Hinduja Group, have partnered to introduce low-floor city buses equipped with fully automatic transmissions in Tamil Nadu, a state in southern India. The new 12-meter diesel buses, manufactured by Ashok Leyland, will be fitted with Allison Torqmatic® Series transmissions.… Continue reading Allison Transmission and Ashok Leyland introduce fully automatic Low-Floor city buses in Tamil Nadu
Dassault Systemes design tool CATIA expands horizons to E&E engineering
CATIA, which is the flagship design tool of the French technology major Dassault Systemes, and is widely renowned across the automotive and aerospace industries as a key enabler of computer-aided design (CAD) and computer-aided engineering (CAE), is transforming itself to meet the changing needs of the two sectors. As the automotive industry undergoes an accelerated… Continue reading Dassault Systemes design tool CATIA expands horizons to E&E engineering
Amara Raja to start operations at battery recycling plant by November end
Amara Raja Energy and Mobility Ltd will start commercial operations at its greenfield lead acid battery recycling plant in Tamil Nadu by the end of November as it looks to increase the proportion of the recycled lead sources used in manufacturing. The recycling plant is eventually expected to cater to 25-30% of the company’s overall raw material… Continue reading Amara Raja to start operations at battery recycling plant by November end
In Conversation with Lumax Auto Tech’s Vikas Marwah
Lumax Auto Technologies, which is a key player in the area of gear shifters, transmission products, intake systems, and telematics, and vehicle interior products, among others, is aiming for a 15% year-on-year growth in FY25 and defying the single-digit industry growth outlook. The company, which is a key supplier to prominent OEMs in India across… Continue reading In Conversation with Lumax Auto Tech’s Vikas Marwah
Pricol Q2FY25 net profit up 35.94%, revenue up 15.54%
Automotive technology and precision engineering company Pricol Ltd reported a 35.94% year-on-year increase in consolidated net profit after tax (PAT) at Rs 450.70 million during the second quarter. Pricol’s revenue from operations for the quarter stood at Rs 6,500.78 million, registering an on year growth of 15.54%. The company’s earnings before interest, taxes, depreciation, amortsation… Continue reading Pricol Q2FY25 net profit up 35.94%, revenue up 15.54%