Mahindra & Mahindra (M&M) reported robust performance for the third quarter of FY25, with consolidated profit after tax rising 20% to Rs 3,181 crore, driven by strong showing across its automotive, farm equipment, and services businesses. The Mumbai-based conglomerate saw its consolidated revenue grow 17% year-on-year to Rs 41,470 crore. The company strengthened its grip… Continue reading M&M Posts Strong Q3 with 20% Profit Growth
Author: Autocar_Professional India Online News
Suzuki Motor Cuts Full-Year Production Forecast, Raises Earnings Outlook
Suzuki Motor Corporation has cut its automobile and two-wheeler production forecast for financial year 2024 (April 2024-March 2025), according to a presentation. However, it has raised its forecast for all consolidated earnings metrics for the ongoing year, based on the results up to the third quarter, and changes in the business environment. The Japanese automaker… Continue reading Suzuki Motor Cuts Full-Year Production Forecast, Raises Earnings Outlook
Nissan Motor looks for new partners as Honda merger talks set to collapse: Report
Nissan Motor is looking for a new partner as it looks to end merger talks with Honda Motor Co., sources in the know told Bloomberg. The Japan-based carmaker is scouting for a US partner ideally from tech sector, the sources told Bloomberg on condition of anonymity. North America is Nissan’s most important market and a larger… Continue reading Nissan Motor looks for new partners as Honda merger talks set to collapse: Report
Motherson Forms Joint Ventures with Japan’s Sanko for Sustainable Packaging Solutions
Samvardhana Motherson International Limited announced two joint ventures with Japan’s Sanko Co. Ltd. on February 7, 2025, to develop sustainable packaging solutions for India and Europe. The partnerships will operate through subsidiaries in India and Hungary. Motherson’s subsidiary SMGCL will hold 51% stake in the India venture, while SMRC Automotive Holdings Netherlands will control 51%… Continue reading Motherson Forms Joint Ventures with Japan’s Sanko for Sustainable Packaging Solutions
CNH India may boost tractor capacity in India to 100,000 units
CHN Industrial plans to boost its tractor manufacturing capacity in India by over 40% in two years to 100,000 units based on demand conditions, as the global agriculture and construction equipment company looks to strengthen its presence in the domestic market and boost exports. “We currently have a capacity of 70,000 tractors. We have an… Continue reading CNH India may boost tractor capacity in India to 100,000 units
Decoding SDVs and Cybersecurity with Elektrobit India
With the accelerated transition to software-defined vehicles, cybersecurity emerges as a key challenge. Elektrobit India’s Sai Sridhar and Satish Sundaresan give a glimpse into future automotive software, E/E architectures. As the automotive industry accelerates towards software-defined vehicles (SDVs) with heightened levels of integrated connectivity, the risk of cybersecurity looms large which must be contained with… Continue reading Decoding SDVs and Cybersecurity with Elektrobit India
Adidas Partners with Mercedes F1 Team, Launches Performance Collection
Adidas and Mercedes-AMG PETRONAS F1 Team unveiled their first joint collection on February 6, 2025, introducing performance wear for team members and fans. The collection marks Adidas’s entry into Formula 1 apparel. The range includes specialized gear for drivers George Russell and Kimi Antonelli, mechanics, and engineers, featuring AEROREADY technology and role-specific design elements. The… Continue reading Adidas Partners with Mercedes F1 Team, Launches Performance Collection
Rane Holdings Posts Strong Revenue Growth but Profits Decline in Q3 FY25
Rane Holdings Limited posted a consolidated revenue of ₹1,245.9 crore in Q3FY25, marking a robust 48.1% increase compared to the same period last year. The revenue growth was primarily driven by strong performance in the core operations segment, which grew by 48.2% to ₹1,240.6 crore. However, profitability metrics showed a different picture. The company’s Profit… Continue reading Rane Holdings Posts Strong Revenue Growth but Profits Decline in Q3 FY25
Rane Holdings Posts Strong Revenue Growth but Profits Decline in Q3 FY25
Rane Holdings Limited posted a consolidated revenue of ₹1,245.9 crore in Q3FY25, marking a robust 48.1% increase compared to the same period last year. The revenue growth was primarily driven by strong performance in the core operations segment, which grew by 48.2% to ₹1,240.6 crore. However, profitability metrics showed a different picture. The company’s Profit… Continue reading Rane Holdings Posts Strong Revenue Growth but Profits Decline in Q3 FY25
CNH India Looks to Double New Holland’s Share in Tractor Market By 2030
Global agriculture and construction equipment major CNH Industrial has set a target to double the market share of its New Holland brand in India’s tractor market, according to a senior company official. The company is planning to leverage the robust market demand expected going forward while expanding its product portfolio and dealer network. “Our idea… Continue reading CNH India Looks to Double New Holland’s Share in Tractor Market By 2030