Tata Elxsi Secures €50 Million Strategic Deal with Leading European Automotive OEM

Tata Elxsi, a global leader in design and technology services, has announced a major strategic multi-year deal worth €50 million with a prominent European-headquartered automotive original equipment manufacturer (OEM). The partnership will see Tata Elxsi become a key engineering partner in the development of platform and application solutions across software-defined vehicle (SDV) platforms, electrification, body… Continue reading Tata Elxsi Secures €50 Million Strategic Deal with Leading European Automotive OEM

Tata Elxsi Posts ₹172.4 crore PAT for Q4FY25; Announces Major Wins and Aerospace Foray

Tata Elxsi, a global leader in design and technology services, reported operating revenue of ₹3,729 crore for FY25 and a strong Profit Before Tax (PBT) margin of 26.3%. For the fourth quarter (Q4FY25), Tata Elxsi posted revenues of ₹908.3 crore, with an EBITDA of ₹207.7 crore and a PAT of ₹172.4 crore. The Board of… Continue reading Tata Elxsi Posts ₹172.4 crore PAT for Q4FY25; Announces Major Wins and Aerospace Foray

Auto sector to remain under pressure in Q4 FY25, subdued domestic and global demand

The report also added that while most auto companies have taken price hikes during the quarter, the benefit may be partially offset by discounts. The Indian automobile sector is expected to report weak fourth-quarter results because of subdued demand in both domestic and global markets, according to a report by HDFC Securities. “Auto companies could… Continue reading Auto sector to remain under pressure in Q4 FY25, subdued domestic and global demand

Mahindra Logistics Appoints Sandeep Kulkarni as Head of Fleet Businesses

Mahindra Logistics Limited has announced a change in its senior management. The Board of Directors, following the recommendation of the Nomination and Remuneration Committee, approved the appointment of Sandeep Kulkarni as the Senior Management Personnel (SMP) and Head – Fleet Businesses & Purchasing, effective April 17, 2025. Kulkarni brings over two decades of experience in… Continue reading Mahindra Logistics Appoints Sandeep Kulkarni as Head of Fleet Businesses

Revfin Sets ₹750 Cr EV Financing Target for FY2026, Strengthens Leadership Team

Digital lending platform Revfin has announced a target of ₹750 crore in electric vehicle (EV) financing disbursements for the financial year 2025–26. As part of its expansion strategy, the company has appointed three new senior executives to support its growth plans, particularly in the fast-growing L5 electric vehicle segment. The company’s cumulative disbursements are expected… Continue reading Revfin Sets ₹750 Cr EV Financing Target for FY2026, Strengthens Leadership Team

Tata Motors Files 250 Patents and 148 Design Applications in FY25

Tata Motors has filed 250 patents and 148 design applications in FY25, marking its highest-ever filings in a single year. The applications span product and process innovations, aligning with automotive trends such as Connectivity, Electrification, Sustainability, and Safety (CESS), as well as emerging technologies including Hydrogen-Based Vehicles and Fuel Cells. Additionally, the filings cover critical… Continue reading Tata Motors Files 250 Patents and 148 Design Applications in FY25

@niche: evo magazine latest issue – TARGET 300 MPH IN THE WORLD’S FASTEST CAR003838

@evo Magazine – In the latest issue of evo, we sample the mindblowing Hennessey F5 Evolution hypercar, test and compare a group of all-wheel-drive performance cars, from the Lamborghini Revuelto to the Range Rover Sport SV – plus a whole lot more. We have an audience with Hennessey’s astonishing F5 Evolution, the latest variation of the… Continue reading @niche: evo magazine latest issue – TARGET 300 MPH IN THE WORLD’S FASTEST CAR003838

Confident of Selling 8,000 Kylaqs a Month, Hitting 3% Market Share: Skoda India Brand Director

Czech automaker Skoda’s Kylaq SUV, its first bet in the competitive sub-4-meter segment, expects to hit 8,000 monthly sales by the end of 2025, according to Skoda Auto India Brand Director Petr Janeba. This is expected to help the company achieve its target of selling 100,000 vehicles annually in India from 2026. “We have 15,000… Continue reading Confident of Selling 8,000 Kylaqs a Month, Hitting 3% Market Share: Skoda India Brand Director

U.S. vehicle supply is falling amid tariff fear-buying

Brand new KIA cars are displayed on the sales lot at Serramonte Kia on March 26, 2025 in Colma, California.  Justin Sullivan | Getty Images DETROIT – Supplies of new and used vehicles for sale in the U.S. are declining rapidly as consumers flock to purchase cars and trucks ahead of potential price increases due… Continue reading U.S. vehicle supply is falling amid tariff fear-buying