Minda Corporation Limited, the flagship company of Spark Minda, announced its financial results for the quarter ended December 31, 2025, reporting its highest-ever quarterly consolidated revenue of Rs 1,560 crore, marking a year-on-year growth of 24.6% and a sequential growth of 1.6% over the previous quarter. The auto component manufacturer’s operating profit (EBITDA) reached Rs… Continue reading Minda Corporation Reports Record Quarterly Revenue of Rs 1,560 Crore in Q3 FY2026
Author: Autocar_Professional India Online News
DEP and AVL Partner to Distribute MeshWorks CAE Platform in US and Europe
Detroit Engineered Products (DEP) and AVL have announced a strategic partnership that will see AVL distribute DEP’s MeshWorks CAE platform to mobility companies across the United States and Europe. The collaboration, announced on February 6, 2026, combines MeshWorks with AVL EXCITE™ to create an integrated toolchain designed to optimize propulsion design cycles. The solution enables… Continue reading DEP and AVL Partner to Distribute MeshWorks CAE Platform in US and Europe
Toyota CEO Sato Steps Down, CFO Kon Named Successor, Reuters Reports
Toyota Motor Corporation announced Friday that Chief Executive Koji Sato will step down from his position and be replaced by the company’s Chief Financial Officer, Kenta Kon. According to Reuters, Sato will transition to the role of vice chairman and chief industry officer. The leadership change comes as the automotive industry faces significant disruption. In… Continue reading Toyota CEO Sato Steps Down, CFO Kon Named Successor, Reuters Reports
ZF Aftermarket Unveils Diagnostic and Safety Solutions at Automechanika New Delhi 2026
ZF Aftermarket has introduced several diagnostic and safety technologies at ACMA Automechanika New Delhi 2026, targeting workshops, commercial fleets, and the broader automotive aftermarket sector in India. The company presented ZF MultiScan, a multi-brand diagnostic solution designed to address vehicle servicing challenges across different manufacturers. The system supports major diagnostic protocols including Diagnostics over Internet… Continue reading ZF Aftermarket Unveils Diagnostic and Safety Solutions at Automechanika New Delhi 2026
Maruti Suzuki to Set Up Automated Driving Test Tracks in Four Andhra Pradesh Cities
Maruti Suzuki India Limited has signed a Memorandum of Agreement with the Transport Department of Andhra Pradesh to establish and maintain four Automated Driving Test Tracks (ADTTs) across the state as part of its corporate social responsibility program. The facilities will be set up at Regional Transport Office locations in Eluru, Ongole, Vizianagaram, and Anakapalli.… Continue reading Maruti Suzuki to Set Up Automated Driving Test Tracks in Four Andhra Pradesh Cities
Karnataka to Establish EV City Near Bengaluru: The Hindu Business Line
The Karnataka government is moving forward with plans to establish dedicated electric vehicle manufacturing hubs near Bengaluru as part of its ambitious Clean Mobility Policy 2025-2030, according to The Hindu Business Line. Three strategic locations have been designated as clean mobility clusters under the policy. The primary site is located in Harohalli, Ramanagara district, spanning… Continue reading Karnataka to Establish EV City Near Bengaluru: The Hindu Business Line
India-U.S. Trade Deal Joint Statement Expected Within Days, Legal Pact by Mid-March, The Hindu Reports
India and the United States are set to finalize a joint statement on the first phase of their bilateral trade agreement within the next four to five days, Commerce Minister Piyush Goyal announced on Thursday, according to The Hindu. Speaking to reporters, Mr. Goyal said the U.S. will reduce tariffs on Indian goods from 50%… Continue reading India-U.S. Trade Deal Joint Statement Expected Within Days, Legal Pact by Mid-March, The Hindu Reports
Uno Minda Approves Rs 764 Crore Capex for New Alloy Wheel Plant
Auto component major Uno Minda on Thursday announced projected capex of Rs 764 crore for setting up of a greenfield four-wheeler alloy wheel manufacturing facility for a mix of Gravity Die Casting (GDC) technology and Low Pressure Die Casting (LPDC) technology wheels. The capacity of the plant, which is expected to come up in a… Continue reading Uno Minda Approves Rs 764 Crore Capex for New Alloy Wheel Plant
Chinese Automakers Extend Car Loans to Eight Years to Boost Sales, Reuters Reports
Automakers operating in China are extending vehicle repayment terms to as long as eight years in an effort to attract consumers amid stagnant demand in the world’s largest auto market, according to Reuters. Nissan’s joint venture with Dongfeng joined at least 10 other car brands, including Xpeng, Xiaomi and Geely, on Tuesday in offering longer-term… Continue reading Chinese Automakers Extend Car Loans to Eight Years to Boost Sales, Reuters Reports
Horse Powertrain Plans India Entry; Puts Hybrids at Core
Global powertrain supplier Horse Powertrain, backed by France’s Renault and China’s Geely, is evaluating multiple ways to enter the Indian market as the company looks at India as a key strategic growth market. The €15 billion company is placing hybrid technologies at the centre of its powertrain strategy, positioning strong hybrids, plug-in hybrids and range-extender… Continue reading Horse Powertrain Plans India Entry; Puts Hybrids at Core