Tractors are emerging as another bright spot, with the sector positioned for a cyclical recovery, 12 and 15% growth respectively for 2Ws and tractors are expected in FY25-27. The volume of two-wheelers (2Ws) and tractors will grow at a compounded annual growth rate (CAGR) of 13 to 15%, outpacing passenger vehicles (PVs) and trucks between… Continue reading Two-wheelers, tractor volumes to outpace passenger vehicles and trucks in FY25-27
Tag: Tata
Tata Elxsi reports stable Q3 FY25 performance with Rs 939.2 cr revenue
Tata Elxsi a global leader in design-led technology services, announced its financial results for the third quarter of FY25, ending December 31, 2024. The company reported an operating revenue of ₹939.2 crore for the quarter. Operating EBITDA stood at ₹246.6 crore, translating to an EBITDA margin of 26.3%. Profit Before Tax (PBT) was reported… Continue reading Tata Elxsi reports stable Q3 FY25 performance with Rs 939.2 cr revenue
Mercedes Benz to launch eight new models in India this year
Mercedes-Benz India, the country’s largest luxury car maker, will launch eight new models in 2025 to sustain its sales momentum. To cater to evolving customer preferences, these eight new models will include a higher share of battery electric vehicles (BEVs) and top-end TEVs, which continue to outpace the mainstream luxury car market. The EV… Continue reading Mercedes Benz to launch eight new models in India this year
Tata Motors’ electric buses achieve 25 Crore kilometres milestone
Tata Motors, one of India’s leading commercial vehicle manufacturers, announced that its fleet of 3,100 electric buses operating in 10 cities has collectively covered over 25 crore kilometres. This distance is equivalent to traveling around the Earth more than 6,200 times. On average, these electric buses cover 200 kilometers per day, contributing significantly to… Continue reading Tata Motors’ electric buses achieve 25 Crore kilometres milestone
Auto sector faces mixed Q3 outlook: Stock slumps, festive sales drive recovery
The Nifty Auto Index has declined by almost 10% in the last three months, compared to a 4% drop in the benchmark Nifty. The auto sector in India has seen mixed performance over the past three months, with declining stock valuations, particularly in the two-wheeler segment, though recent December sales figures offer a glimmer of… Continue reading Auto sector faces mixed Q3 outlook: Stock slumps, festive sales drive recovery
@Tata-JLR: JLR REPORTS STRONG WHOLESALES GROWTH IN THIRD QUARTER
Gaydon, UK, 08 January 2025 – JLR today reported increased wholesale volumes for the third quarter of FY25 (three‑month period to 31 December 2024), reflecting an improvement following supply disruptions in the second quarter of FY25. Wholesale volumes of 104,427 units in the third quarter of FY25 (excluding the Chery Jaguar Land Rover China JV)… Continue reading @Tata-JLR: JLR REPORTS STRONG WHOLESALES GROWTH IN THIRD QUARTER
@VW Group: Porsche starts racing year at venue of historic success009769
07/01/2025 Porsche starts off the new racing year with a highlight, the Mexico City E-Prix, the Formula E race with the best atmosphere, held at a venue at which the brand has enjoyed historic success. The TAG Heuer Porsche Formula E Team claimed its first pole position and first win at the Autódromo Hermanos Rodríguez.… Continue reading @VW Group: Porsche starts racing year at venue of historic success009769
NVIDIA DRIVE Hyperion Platform Achieves Critical Automotive Safety and Cybersecurity Milestones for AV Development
LAS VEGAS, Jan. 06, 2025 (GLOBE NEWSWIRE) — CES — NVIDIA today announced that its autonomous vehicle (AV) platform, NVIDIA DRIVE AGX™ Hyperion, has passed industry-safety assessments by TÜV SÜD and TÜV Rheinland — two of the industry’s foremost authorities for automotive-grade safety and cybersecurity. This achievement raises the bar for AV safety, innovation and performance.… Continue reading NVIDIA DRIVE Hyperion Platform Achieves Critical Automotive Safety and Cybersecurity Milestones for AV Development
Tata Technologies and Telechips to develop software for next-gen SDVs
Global product engineering and digital services company Tata Technologies and Telechips, a comprehensive automotive semiconductor solutions company, today jointly announced their strategic partnership at CES 2025 to innovate vehicle software solutions for next-gen software-defined vehicles (SDVs). Together, they aim to develop innovative solutions for ADAS platforms, automotive cockpit domain controllers, and central & zonal gateway… Continue reading Tata Technologies and Telechips to develop software for next-gen SDVs
Spinny’s 2024 Report Highlights Trends: First-Time buyers, compact SUVs, and growing shift to online car purchases
Spinny, a leading full-stack used car platform, has released its 2024 annual report, shedding light on notable trends in India’s growing used car market. The report highlights evolving consumer preferences, the rise of online car buying, and the increasing appeal of compact SUVs and hatchbacks among urban car buyers. In 2024, first-time car buyers… Continue reading Spinny’s 2024 Report Highlights Trends: First-Time buyers, compact SUVs, and growing shift to online car purchases