Lumax Auto Technologies Limited reported consolidated revenue of ₹3,637 crores for FY25, marking a 29% increase from the previous year’s ₹2,822 crores, while profit after tax rose 37% to ₹229 crores. The automotive component manufacturer announced these audited financial results on May 29, 2025, demonstrating strong performance across operational metrics and strategic expansion initiatives. The… Continue reading Lumax Auto Technologies Reports 29% Revenue Growth, Crosses ₹3,600 Crore Mark in FY25
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Lumax Auto Technologies Reports 29% Revenue Growth, Crosses ₹3,600 Crore Mark in FY25
Lumax Auto Technologies Limited reported consolidated revenue of ₹3,637 crores for FY25, marking a 29% increase from the previous year’s ₹2,822 crores, while profit after tax rose 37% to ₹229 crores. The automotive component manufacturer announced these audited financial results on May 29, 2025, demonstrating strong performance across operational metrics and strategic expansion initiatives. The… Continue reading Lumax Auto Technologies Reports 29% Revenue Growth, Crosses ₹3,600 Crore Mark in FY25
The 2025 Honda Prologue EV just got $16,500 cheaper to buy or lease
Thinking about driving a 2025 Honda Prologue EV? You’re in luck – CarsDirect says you could score up to $16,500 off, plus 0.99% financing. Honda just sweetened the deal on its 2025 Prologue electric SUV, and it might be the best lease yet. As of May 23, the 2025 Honda Prologue EV has an extra… Continue reading The 2025 Honda Prologue EV just got $16,500 cheaper to buy or lease
Motherson Group Unveils New Five Year Plan, Targets $108 bln Sales
Motherson Group has set a new five-year revenue target in line with its practice of coming out with five-year plans twice every decade—consolidated gross revenue of $108 billion by FY30. Its last five-year plan was announced in 2020, with a targeted net sales of $36 billion by FY25 at a constant dollar exchange rate of… Continue reading Motherson Group Unveils New Five Year Plan, Targets $108 bln Sales
Motherson Group Unveils New Five Year Plan, Targets $108 bln Sales
Motherson Group has set a new five-year revenue target in line with its practice of coming out with five-year plans twice every decade—consolidated gross revenue of $108 billion by FY30. Its last five-year plan was announced in 2020, with a targeted net sales of $36 billion by FY25 at a constant dollar exchange rate of… Continue reading Motherson Group Unveils New Five Year Plan, Targets $108 bln Sales
Honda Motorcycle & Scooter India Launches Unified Website Platform
Honda Motorcycle & Scooter India (HMSI) launched its redesigned website on May 29, 2025, combining three previously separate digital platforms into a single unified experience at www.honda2wheelersindia.com. The new platform integrates Honda2wheelersindia.com, HondaBigwing.in, and HondaRacingIndia.com under one digital roof. The website redesign addresses the company’s mobile-first user base, with over 80 percent of visitors accessing… Continue reading Honda Motorcycle & Scooter India Launches Unified Website Platform
Ford Focus ST off sale as order book full until end of production
The business case for such cars has been sullied by the shift to more profitable (and ultimately less dynamic) SUVs, as well as tightening fleet emissions regulations that have pushed manufacturers towards EVs and low-emission hybrids. Hyundai pulled its i30 N and smaller i20 N from Europe last year, the Peugeot 308 GTi didn’t survive more than… Continue reading Ford Focus ST off sale as order book full until end of production
Clean Technica: Despite Everything, Tesla Still Dominates EV Sales in California004039
Tesla may have moved its headquarters from California to Texas, Elon Musk may have done all kinds of things that go against what most Californians support, there may be strongly improving competition in the EV market, and Tesla sales may be declining in the Golden State, but Tesla still dominates the California EV market. In… Continue reading Clean Technica: Despite Everything, Tesla Still Dominates EV Sales in California004039
German Manager Magazin: Nissan: Car manufacturer is considering billions of fresh money 004225
The battered Japanese car manufacturer Nissan According to a report, the admission of more than one Billion Yen (the equivalent of around 6 billion euros) is considering fresh money. Among other things, it was a loan that the British government guaranteed, the Bloomberg news agency reported on documents on Wednesday, citing documents. In addition, Nissan… Continue reading German Manager Magazin: Nissan: Car manufacturer is considering billions of fresh money 004225
Nissan Isn’t Exiting India, Sets a Challenging Target of 2 Lakh by 2027
As Nissan Motor Company exits its ownership stake in the Chennai manufacturing joint venture with Renault, Saurabh Vatsa, Managing Director of Nissan Motor India, reiterated that the company has no plans to exit the Indian market. On the contrary, Nissan is doubling down on its India strategy, with an ambitious target to double its annual… Continue reading Nissan Isn’t Exiting India, Sets a Challenging Target of 2 Lakh by 2027