Automotive supplier MAHLE reported a positive consolidated net result for the 2024 financial year despite facing challenging market conditions that led to declining sales. The company saw its sales fall to €11.7 billion, representing an organic decline of 5.6 percent when adjusted for exchange rate and deconsolidation effects. Despite the sales decrease, MAHLE improved its… Continue reading MAHLE Reports Profit Despite Sales Decline in Challenging Market
Author: Autocar_Professional India Online News
Atul Greentech and Amara Raja Form Strategic Partnership for EV Batteries
Atul Greentech Private Limited (AGPL) and Amara Raja Group announced today a strategic partnership to collaborate on the development and supply of Lithium Iron Phosphate (LFP) battery packs and chargers for electric vehicles. The agreement, signed in Ahmedabad, establishes that battery packs for Atul Greentech’s three-wheelers will be manufactured at Amara Raja’s Giga Corridor facility… Continue reading Atul Greentech and Amara Raja Form Strategic Partnership for EV Batteries
Own your new ride with a Two-wheeler Loan
A two-wheeler loan is a popular and accessible financing option for those looking to purchase their dream bike or scooter. Whether it is a Royal Enfield Hunter 350, GT 650, or any other top bike, a two-wheeler loan can help you to buy it easily. A two- wheeler loan from Bajaj Finance allows you to… Continue reading Own your new ride with a Two-wheeler Loan
Maruti-rebadged models account for 53% of Toyota India record sales in FY2025
Product and marketing synergies often pay strong dividends and Toyota Kirloskar Motor is benefiting hugely from the global alliance between Suzuki Motor Corp and Toyota Motor Corp. As a result of this product-sharing pact between the two Japanese automakers, Toyota Kirloskar Motor’s strategy to launch a clutch of Maruti-rebadged models has paid off handsomely in… Continue reading Maruti-rebadged models account for 53% of Toyota India record sales in FY2025
Tata Technologies and JLR Implement SAP S/4HANA as Part of Digital Transformation
Jaguar Land Rover (JLR) has reached a significant stage in its digital transformation with the implementation of SAP S/4HANA at its Halewood facility in Merseyside. This deployment is part of the company’s Integrated Enterprise Resource Planning (IERP) program, aimed at unifying global systems and improving operational efficiency. The SAP S/4HANA system is designed to streamline… Continue reading Tata Technologies and JLR Implement SAP S/4HANA as Part of Digital Transformation
Hyundai Motor India Foundation Launches Season 5 of ‘Hyundai Art for Hope’
Hyundai Motor India Foundation (HMIF), the CSR arm of Hyundai Motor India Limited (HMIL), has launched the fifth season of its art initiative, ‘Hyundai Art for Hope,’ on World Art Day. Applications will open on May 1, 2025, via the official website. The program will provide financial grants, professional mentorship, and exhibition opportunities to 50… Continue reading Hyundai Motor India Foundation Launches Season 5 of ‘Hyundai Art for Hope’
Toyota Taisor sells 32,378 units in first year
The Taisor Urban Cruiser, the youngest of the four rebadged models in Toyota Kirloskar Motor’s portfolio and also the most affordable Toyota SUV in India, turned a year old earlier this month. Introduced in the domestic market on April 3, 2024, Toyota’s first compact SUV has registered wholesales of 32,378 units since its launch. With… Continue reading Toyota Taisor sells 32,378 units in first year
Saint-Gobain Appoints Sreedhar N. as CEO for India and Asia-Pacific
Saint-Gobain has announced the appointment of Sreedhar N. as Chief Executive Officer for India and the Asia-Pacific region, including Australia and New Zealand, effective April 1, 2025. Based in Mumbai, he will continue as a member of the Saint-Gobain Executive Committee and will lead the company’s next phase of operations in the region. Sreedhar N.… Continue reading Saint-Gobain Appoints Sreedhar N. as CEO for India and Asia-Pacific
TapFin Launches GoGreen Capital to Finance Clean Mobility and Renewable Energy
TapFin, an integrated sustainability platform, has launched GoGreen Capital, a Non-Banking Financial Company (NBFC), to finance businesses transitioning to renewable and sustainable energy. The company aims to address financing challenges in clean mobility, solar energy, and battery circularity by offering customized lending solutions. GoGreen Capital, a wholly owned subsidiary of TapFin, is designed to provide… Continue reading TapFin Launches GoGreen Capital to Finance Clean Mobility and Renewable Energy
KPIT Technologies GmbH Invests €1.37 Million in Tunisian Subsidiary
KPIT Technologies GmbH, a wholly owned step-down subsidiary of KPIT Technologies Limited (India), has invested €1.37 million in the share capital of its Tunisian subsidiary, KPIT engineering SUARL. The investment was confirmed after the company received an extract of increased capital registration from the Tunisian National Company Register. The transaction resulted in the issuance of… Continue reading KPIT Technologies GmbH Invests €1.37 Million in Tunisian Subsidiary