Assurance Intl and Goodyear to launch new range of filters and batteries Expected to launch at the end of August 2023, the filters and batteries product line will cater to the needs… August 11, 2023 10:12 IST
Varroc profits back in green in Q1 FY2024, strong demand and government subsidies drive growth During the quarter the company clocked new lifetime orders worth Rs 960 crore. August 9, 2023 17:55 IST
Auto lighting, alloy wheel demand drives Uno Minda’s profit up 24% in Q1 FY2024 Uno Minda states it was able to outperform the industry with a growth of 21 percent against the industry volume… August 9, 2023 15:01 IST
Bharat Forge Q1FY24 net profit up 19% on strong auto and defence order pipeline The company has won orders worth more than Rs 400 crore from the passenger vehicle and defence business. Updated: August 10, 2023 05:37 IST
ACMA clocks highest-ever turnover of Rs 5.6 lakh crore in FY22-23, growing 32.8 percent Component makers see cash registers ring on the back of increase in vehicle sales, steady exports and strong aftermarket demand. August 7, 2023 19:44 IST
Domestic, pre-buy demand drives Cummins India profits to Rs 415 crore in Q1 FY2024 With the revised guidelines on the implementation of CPCBIV+ and continued specific supply chain challenges, especially for certain electronic and… Updated: August 4, 2023 09:41 IST
ACMA and ASPA successfully conclude 3rd edition of Automotive Raw Materials Conclave The automotive sector is amidst a paradigm shift, with cutting-edge materials leading the way in vehicle design, safety, and sustainability. August 3, 2023 18:21 IST
Minda Corp bags Rs 3,000 crore order in Q1 FY2024, profit at Rs 45 crore The company says Q1 FY2024 was a mixed bag from demand perspective with passenger vehicles and two-wheeler sales primarily driven… August 3, 2023 16:54 IST
Sterling Tools sees EV biz drive profits to Rs 13 crore in Q1 FY2024, up 36% The company reported revenue of Rs 222.8 crore, up 27 percent compared to Rs 174.6 crore for the same period… August 3, 2023 14:55 IST
ZF’s new seatbelt tech repositions occupant in optimal position in case of crash As soon as the seat belt is buckled up, ACR8 actively reduces any perceived belt slack, i.e., it tightens the… Updated: August 3, 2023 14:45 IST
BorgWarner bags series order for high voltage coolant heaters BorgWarner says its 800V HVCH offers a compact and lightweight design through its thick-film heating and brazed aluminium fin technologies,… August 3, 2023 11:35 IST
Valeo expands Ultrasonic sensor manufacturing capacity to 7 million units at Sanand plant The ultrasonic sensor are used for Park Assist and ADAS technology for both passenger and commercial vehicle segment. July 28, 2023 17:59 IST
Current supply chain still catering to 90% ICE segment: Vikas Marwah, CEO, Lumax Auto Lumax Auto offers transmission solutions to all major OEMs in India catering to both ICE and EV segments. July 28, 2023 16:05 IST
Slowdown in exports and finance costs impact Sundram Fasteners net profit in Q1 FY2024 Sundram Fasteners says that the softening of commodity prices and favourable product mix resulted in improvement in gross margin from… July 28, 2023 07:00 IST
Sona Comstar to invest Rs 100 crore in Chennai facility, Q1 FY’24 profit up 48% The company’s four-pronged strategy of electrification, exports, diversification and technology has started giving smart returns. Updated: July 27, 2023 18:05 IST
Improvement in domestic demand counters export woes for Schaeffler India in H1 CY2023 In the first half of 2023, the company’s revenue grew by 6.2 percent to Rs 3,522 crore, and net profit… Updated: July 27, 2023 11:13 IST
Hendrickson focusses on claiming larger share of India’s trailer supply market At present, the company’s ticket price or average content per vehicle ranges anywhere between 30 percent to 50 percent of… July 27, 2023 10:14 IST
Motherson Group acquires Germany’s Dr. Schneider for Rs 1,040 crore, to strengthen polymer business The German company manufacturers high-end, innovative, and integrated electronic interior polymer components and systems, such as smart surfaces and lighting… July 24, 2023 14:06 IST
Machinery and auto imports for export production exempted from quality orders 1 year agoNovember 7, 2024
