In a bid to diversify its business beyond suspension and sunroof systems, Anand Group’s flagship company, Gabriel India, will acquire Asia Investments Pvt Ltd’s (AIPL) automotive undertakings. This includes Anchemco, which manufactures automotive fluids and adhesives, as well as AIPL’s investments in Dana Anand India, Henkel Anand India, and Anand CY Myutec Automotive, which will… Continue reading Anand Group’s Gabriel India to Acquire Asia Investments Pvt Ltd’s Automotive Business
Category: US Motoring Press
Electric 2W Industry Poised to Grow Without Demand Subsidies: Ather’s Tarun Mehta
While the government’s demand subsidies through schemes such as FAME, EMPS, and PM E-Drive have boosted early-stage adoption of electric two-wheelers in the country and made the industry competitive, Ather Energy’s co-founder and CEO Tarun Mehta now believes the industry can continue its growth even in the absence of such incentives. “We have reduced our… Continue reading Electric 2W Industry Poised to Grow Without Demand Subsidies: Ather’s Tarun Mehta
Electric 2W Industry Poised to Grow Without Demand Subsidies: Ather’s Tarun Mehta
While the government’s demand subsidies through schemes such as FAME, EMPS, and PM E-Drive have boosted early-stage adoption of electric two-wheelers in the country and made the industry competitive, Ather Energy’s co-founder and CEO Tarun Mehta now believes the industry can continue its growth even in the absence of such incentives. “We have reduced our… Continue reading Electric 2W Industry Poised to Grow Without Demand Subsidies: Ather’s Tarun Mehta
Volkswagen Multivan and California gain four-wheel-drive PHEV
The Volkswagen Multivan and its camper van counterpart the California have gained the four-wheel drive with the introduction of a new plug-in-hybrid powertrain. Priced from £54,525 in the Multivan and £71,295 in the California, the new system comprises a turbocharged 1.5-litre four-cylinder petrol engine, a six-speed automatic gearbox and two electric motors (one per axle). They… Continue reading Volkswagen Multivan and California gain four-wheel-drive PHEV
Mahindra Trucks & Buses Steers Through Industry Headwinds, Achieves Key Financial Turnaround
Mahindra Trucks & Buses (MTB), a part of Mahindra & Mahindra, demonstrating remarkable resilience in a challenging commercial vehicle market, achieved cash break-even and posted EBITDA-positive results for FY2025. This financial milestone comes as the company recorded flat growth in volumes, reaching 13,032 units, successfully limiting its de-growth to just 1% in an overall industry… Continue reading Mahindra Trucks & Buses Steers Through Industry Headwinds, Achieves Key Financial Turnaround
India Stands to Gain From Global Flux; Mahindra Group Ready For The Moment: Anand Mahindra
As shifting geopolitical alliances, rising economic nationalism, and supply chain reconfiguration redefine the global economic landscape, “India is well positioned to emerge as the new centre of gravity”, according to Anand Mahindra, Chairman of Mahindra Group. India democratic stability, market scale, and improving manufacturing ecosystem position it as a compelling alternative to China and few… Continue reading India Stands to Gain From Global Flux; Mahindra Group Ready For The Moment: Anand Mahindra
Skoda begins sale of made-in-India CKD Kushaq in Vietnam
Skoda has begun sales of the locally produced Skoda Kushaq SUV in Vietnam. The Czech carmaker is leveraging synergies with India, from where it imports completely knocked-down (CKD) kits for assembly. Alongside the Kushaq, Skoda’s line-up in Vietnam also includes the Karoq and Kodiaq SUVs imported from Europe. In the coming months, local production and… Continue reading Skoda begins sale of made-in-India CKD Kushaq in Vietnam
Zoomcar Posts Record FY25 Profit Amid Rising Car-Sharing Demand
Peer-to-peer car-sharing platform Zoomcar Holdings posted a record contribution profit of $4.25 million for the fiscal year ending March 31, 2025, a dramatic turnaround from a contribution loss of nearly $1 million in the previous year. The Bangalore-based company saw its contribution margin swing from negative 10% to positive 47% year-over-year, driven by improved operational… Continue reading Zoomcar Posts Record FY25 Profit Amid Rising Car-Sharing Demand
“We’re Building a Platform, Not Just a Portfolio”: M&M MD and CEO Anish Shah
As the Mahindra Group completes 80 years, it is rethinking its business operations and growth. Under Managing Director and CEO Anish Shah, the Group is moving from a conventional holding structure to a “platform for possibilities” — a more connected model aimed at driving collaboration, improving execution, and creating sustained value across sectors. In the… Continue reading “We’re Building a Platform, Not Just a Portfolio”: M&M MD and CEO Anish Shah
“We’re Building a Platform, Not Just a Portfolio”: M&M MD and CEO Anish Shah
As the Mahindra Group completes 80 years, it is rethinking its business operations and growth. Under Managing Director and CEO Anish Shah, the Group is moving from a conventional holding structure to a “platform for possibilities” — a more connected model aimed at driving collaboration, improving execution, and creating sustained value across sectors. In the… Continue reading “We’re Building a Platform, Not Just a Portfolio”: M&M MD and CEO Anish Shah