Pune-based engineering giant Bharat Forge has reported a decline in standalone profit after tax for the fourth quarter of the financial year 2025 (Q4FY25). The company’s net profit stood at Rs 345.5 crore, marking a 11.3% decrease from the Rs 389.7 crore recorded in the same period last year (Q4FY24). The revenue for the quarter… Continue reading Bharat Forge Reports Decline in Profit and Revenue for Q4 and Full Year FY25
Category: US Motoring Press
Bosch Bets Big on India as Strategic Growth Market Amid Global Overhaul
As global trade faces rising geopolitical uncertainty and economic volatility, Bosch Group is doubling down on India as one of its key strategic growth markets, alongside North America, even as the company undertakes structural job cuts and cost optimizations across Europe. Speaking at Bosch’s Annual Media Conference, Chairman Stefan Hartung and Board Member Markus Forschner… Continue reading Bosch Bets Big on India as Strategic Growth Market Amid Global Overhaul
Tata Motors Expands Vehicle Scrapping Network with Eighth Facility in Kolkata
Tata Motors, India’s largest commercial vehicle manufacturer, inaugurated its eighth Registered Vehicle Scrapping Facility (RVSF) in Kolkata today, expanding its nationwide network of sustainable vehicle recycling centers. The new facility, named ‘Re.Wi.Re — Recycle with Respect,’ has the capacity to dismantle 21,000 end-of-life vehicles annually across multiple vehicle categories. The Kolkata scrapping center, operated by… Continue reading Tata Motors Expands Vehicle Scrapping Network with Eighth Facility in Kolkata
Escorts Kubota Reports 15.7% Growth in FY25 Standalone Profit to ₹1,250.9 Crore
Escorts Kubota Limited (EKL) announced a 15.7% increase in standalone net profit to ₹1,250.9 crore for the fiscal year ended March 2025, according to a press release issued today in Faridabad. The company’s revenue from continuing operations rose 4.7% to ₹10,187.0 crore, compared with ₹9,730.7 crore in the previous year. The agricultural and construction equipment… Continue reading Escorts Kubota Reports 15.7% Growth in FY25 Standalone Profit to ₹1,250.9 Crore
Rilox EV and Hala Mobility Partner to Roll Out 400 Electric Two-Wheelers Monthly Across India
In a move aimed at expanding electric mobility solutions across India, Rilox EV has entered into a multi-year original equipment manufacturer (OEM) partnership with Hala Mobility. The agreement will facilitate the nationwide deployment of electric two-wheelers, with approximately 400 vehicles set to be introduced each month. The initiative will begin with low-speed electric two-wheelers and… Continue reading Rilox EV and Hala Mobility Partner to Roll Out 400 Electric Two-Wheelers Monthly Across India
Renault Opens First new’R Store in Maharashtra, Expands Retail Footprint in Mumbai
Renault India has inaugurated its first new’R store in Maharashtra and second in the country, located in Kandivali, Mumbai. The new showroom aligns with Renault’s “renault. rethink.” brand transformation initiative and features the company’s New Visual Identity (NVI) aimed at offering a more modern and customer-friendly retail environment. The Mumbai store follows the new design… Continue reading Renault Opens First new’R Store in Maharashtra, Expands Retail Footprint in Mumbai
Continental Achieves 200 Million Radar Sensor Milestone, Secures €1.5 Billion in New Orders
Continental has announced the production of its 200 millionth radar sensor, cementing its position as a market leader with over 20 percent share in automotive safety technology. The company also revealed it has secured major series orders from various vehicle manufacturers worth approximately €1.5 billion in the first quarter of 2025, with production scheduled to… Continue reading Continental Achieves 200 Million Radar Sensor Milestone, Secures €1.5 Billion in New Orders
Uno Minda to Invest ₹200 Crore in New Two-Wheeler Alloy Wheel Facility in Haryana
Uno Minda Limited, a leading automotive technology supplier, has announced plans to establish a new manufacturing facility for two-wheeler alloy wheels in Bawal, Haryana with an investment of approximately ₹200 crore. The company’s Board of Directors has approved the project, which will have an installed production capacity of 1.5 million alloy wheels annually. The investment… Continue reading Uno Minda to Invest ₹200 Crore in New Two-Wheeler Alloy Wheel Facility in Haryana
NXP’s New Imaging Radar Processors Set to Transform Autonomous Driving Technology
NXP Semiconductors unveiled its third-generation S32R47 imaging radar processors today, designed to address the demanding requirements of Level 2+ to Level 4 autonomous driving systems. The new processors, built on 16 nm FinFET technology, deliver up to twice the processing power of previous generations while improving system cost and power efficiency. The S32R47 family enables… Continue reading NXP’s New Imaging Radar Processors Set to Transform Autonomous Driving Technology
Bosch Pushes Forward with Ambitious Strategy 2030 Despite Market Headwinds
The Bosch Group is forging ahead with its ambitious Strategy 2030 despite facing significant market headwinds in 2024, as the technology giant reported a 1.4 percent decline in sales revenue to 90.3 billion euros. The company saw its EBIT (earnings before interest and taxes) from operations drop to 3.1 billion euros, resulting in an EBIT… Continue reading Bosch Pushes Forward with Ambitious Strategy 2030 Despite Market Headwinds