Passenger Vehicle Sales Lose Steam in May After Record Start to 2025

India’s passenger vehicle (PV) market is showing early signs of fatigue after a record-breaking start to 2025. According to industry estimates, wholesale dispatches in May are expected to be in the range of 350,000 to 355,000 units, translating to a marginal year-on-year growth of just 0.22% to 1.65%. This would mark the slowest pace of… Continue reading Passenger Vehicle Sales Lose Steam in May After Record Start to 2025

Mahindra Thar ROXX Becomes First SUV Globally to Feature Dolby Atmos Audio Technology

Mahindra & Mahindra has introduced Dolby Atmos technology in its Thar ROXX AX7L variant, making it the first SUV worldwide to feature 4-channel immersive audio capability. The collaboration with Dolby Laboratories represents a development in automotive entertainment systems. The Thar ROXX AX7L integrates the Dolby Atmos system with a 9-speaker Harman Kardon audio setup. The… Continue reading Mahindra Thar ROXX Becomes First SUV Globally to Feature Dolby Atmos Audio Technology

Michelin Opens Two New Service Stores in Bengaluru and Kochi

Michelin India has opened two new Tyres & Services stores in Bengaluru and Kochi within two days, marking the company’s continued expansion in southern India’s growing automotive market. The French tyre manufacturer inaugurated its Bengaluru store on May 28 and its first standalone Kochi outlet on May 29. The Bengaluru store, located in Indiranagar and… Continue reading Michelin Opens Two New Service Stores in Bengaluru and Kochi

Ather Energy Appoints Anjani Kumar as Chief Digital Officer

Ather Energy Limited has appointed Anjani Kumar as Chief Digital & Information Officer, the Bengaluru-based electric two-wheeler manufacturer announced on May 30. Kumar will oversee the company’s digital strategy and technology infrastructure across product development, manufacturing, and customer experience operations. The appointment comes as Ather Energy expands its product portfolio and business models while integrating… Continue reading Ather Energy Appoints Anjani Kumar as Chief Digital Officer

Ather Energy Appoints Anjani Kumar as Chief Digital Officer

Ather Energy Limited has appointed Anjani Kumar as Chief Digital & Information Officer, the Bengaluru-based electric two-wheeler manufacturer announced on May 30. Kumar will oversee the company’s digital strategy and technology infrastructure across product development, manufacturing, and customer experience operations. The appointment comes as Ather Energy expands its product portfolio and business models while integrating… Continue reading Ather Energy Appoints Anjani Kumar as Chief Digital Officer

DiFACTO Robotics Acquires RoboFinish Division from Grind Master

DiFACTO Robotics and Automation Pvt. Ltd. announced the acquisition of intellectual property rights for RoboFinish operations from Grind Master, expanding its portfolio of manufacturing automation and robotics solutions. The transaction involves technologies developed over 14 years for robotic grinding, finishing, deburring, and machining applications. Grind Master, an Aurangabad-based company founded by Milind Kelkar and Mohini… Continue reading DiFACTO Robotics Acquires RoboFinish Division from Grind Master

DiFACTO Robotics Acquires RoboFinish Division from Grind Master

DiFACTO Robotics and Automation Pvt. Ltd. announced the acquisition of intellectual property rights for RoboFinish operations from Grind Master, expanding its portfolio of manufacturing automation and robotics solutions. The transaction involves technologies developed over 14 years for robotic grinding, finishing, deburring, and machining applications. Grind Master, an Aurangabad-based company founded by Milind Kelkar and Mohini… Continue reading DiFACTO Robotics Acquires RoboFinish Division from Grind Master

Lumax Auto Technologies Reports 29% Revenue Growth, Crosses ₹3,600 Crore Mark in FY25

Lumax Auto Technologies Limited reported consolidated revenue of ₹3,637 crores for FY25, marking a 29% increase from the previous year’s ₹2,822 crores, while profit after tax rose 37% to ₹229 crores. The automotive component manufacturer announced these audited financial results on May 29, 2025, demonstrating strong performance across operational metrics and strategic expansion initiatives. The… Continue reading Lumax Auto Technologies Reports 29% Revenue Growth, Crosses ₹3,600 Crore Mark in FY25

Lumax Auto Technologies Reports 29% Revenue Growth, Crosses ₹3,600 Crore Mark in FY25

Lumax Auto Technologies Limited reported consolidated revenue of ₹3,637 crores for FY25, marking a 29% increase from the previous year’s ₹2,822 crores, while profit after tax rose 37% to ₹229 crores. The automotive component manufacturer announced these audited financial results on May 29, 2025, demonstrating strong performance across operational metrics and strategic expansion initiatives. The… Continue reading Lumax Auto Technologies Reports 29% Revenue Growth, Crosses ₹3,600 Crore Mark in FY25

Indian EV Industry Could Run Out of Rare Earth Magnets by July: Bajaj Auto

Bajaj Auto’s Executive Director Rakesh Sharma warned that the shortage of rare earth magnets—a key component in electric vehicle motors—could significantly impact the company’s production plans by July if supply bottlenecks persist. “The rare earth situation is a very difficult one. An onerous process has been hammered together for import approvals. This involves end-use declaration… Continue reading Indian EV Industry Could Run Out of Rare Earth Magnets by July: Bajaj Auto