Auto components maker Uno Minda Ltd reported a 4.4% sequential decline in consolidated net profit to Rs 254.37 crore for the quarter ended December 2024, impacted by higher raw material costs and employee expenses. The profit was however up 24% compared to Rs 205.11 crore in the same quarter last year. Revenue from operations declined… Continue reading Uno Minda Reports Lower Q3 Profit Amid Rising Costs
Author: Autocar_Professional India Online News
Auto Industry Retail Sales Off to Promising Start in 2025, Up 7% in Jan: FADA
India’s overall automobile retail sales grew by 7% on-year in January with growth recorded across vehicle categories. According to the Federation of Automobile Dealers Associations, 2.29 million vehicles were sold during the month, up from 2.15 million units in the year-ago period and 1.76 million units in December 2024 . “The auto retail sector kicked… Continue reading Auto Industry Retail Sales Off to Promising Start in 2025, Up 7% in Jan: FADA
Honda Cars makes entire line-up E20 compliant ahead of deadline
Honda Cars India Ltd. (HCIL) announced that it has secured E20 (20% Ethanol blended) petrol compliance certification for its entire current lineup, including the Honda Elevate, City e:HEV, City, and Amaze models, at its headquarters in New Delhi. This certification comes ahead of the Government of India’s mandate requiring all gasoline-fueled vehicles manufactured after April… Continue reading Honda Cars makes entire line-up E20 compliant ahead of deadline
EKA Mobility Teams with KPIT Technologies for Electric Vehicle Components
EKA Mobility and KPIT Technologies signed a memorandum of understanding on February 6, 2025, to develop electric powertrain technology components for commercial vehicles. The partnership will focus on creating traction motors, controllers, vehicle control units, and battery management systems. KPIT Technologies (NSE: KPITTECH, BSE: 542651) will provide its electric powertrain technologies to enhance EKA’s electric… Continue reading EKA Mobility Teams with KPIT Technologies for Electric Vehicle Components
Welspun BAPL targeting 5x-10x growth in next five years: Yashovardhan Agarwal
India’s auto industry is undergoing a major transformation, driven by premiumisation, localisation, and cutting-edge technology. Yashovardhan Agarwal, MD of Welspun BAPL, believes that there is a clear trend towards premiumised vehicles, reflecting evolving consumer preferences. In this conversation at the recently-concluded Auto Expo 2025 – The Components Show – he says that India’s automotive design… Continue reading Welspun BAPL targeting 5x-10x growth in next five years: Yashovardhan Agarwal
Road Deaths in India Hit 1.72 Lakh in 2023, Experts Call For Design Changes
India recorded 1.72 lakh road fatalities in 2023, accounting for 11% of global road crash deaths, despite having only 1% of the world’s vehicles. The country saw 474 deaths daily, with 4.63 lakh injuries marking a 4% increase from 2022. Six states – Uttar Pradesh, Tamil Nadu, Maharashtra, Karnataka, Madhya Pradesh, and Rajasthan – accounted… Continue reading Road Deaths in India Hit 1.72 Lakh in 2023, Experts Call For Design Changes
Madras HC lets TAFE temporarily use Massey Ferguson brand
Tractors and Farm Equipment Ltd (TAFE) said the Madras High Court on Wednesday issued a status quo in the ongoing Massey Ferguson brand dispute that allows the company to exclusively use the Massey Ferguson brand in India until the legal proceedings with US-based Massey Ferguson Corp over the ownership and use of the brand in… Continue reading Madras HC lets TAFE temporarily use Massey Ferguson brand
JSW MG Motor’s CSR initiative reaches 70,000 women and girls in 2024
JSW MG Motor India’s social initiative MG Sewa impacted over 70,000 women and girls among its 1.2 lakh beneficiaries in 2024, focusing on education and hygiene programs across India, the company announced on February 5, 2025. The program, launched before the company began vehicle sales in India, implemented WASH (Water, Sanitation, and Hygiene) initiatives that… Continue reading JSW MG Motor’s CSR initiative reaches 70,000 women and girls in 2024
Maruti Suzuki and Sarva Haryana Gramin Bank Form Vehicle Financing Partnership
Maruti Suzuki India Limited (MSIL) and Sarva Haryana Gramin Bank (SHGB) have signed a Memorandum of Understanding (MoU) to establish a vehicle financing partnership. The agreement will allow both organizations to provide financial solutions for vehicle purchases. The signing ceremony was attended by Maruti Suzuki representatives including Partho Banerjee, Senior Executive Officer of Marketing &… Continue reading Maruti Suzuki and Sarva Haryana Gramin Bank Form Vehicle Financing Partnership
CONCOR orders 50 LNG trucks from Blue Energy Motors, expanding green fleet
Container Corporation of India (CONCOR) has placed an order for 50 LNG-powered trucks with Blue Energy Motors, expanding their green transportation fleet to 175 vehicles. Deliveries are scheduled to begin by March 2025. The order marks CONCOR’s second procurement of LNG trucks from Blue Energy Motors, following an earlier deployment of 125 vehicles. The LNG… Continue reading CONCOR orders 50 LNG trucks from Blue Energy Motors, expanding green fleet