Auto-Moto
Indian automotive components manufacturer Samvardhana Motherson International Ltd has reported a significant increase in quarterly profit, driven by strong global demand for vehicle parts such as wiring systems and exterior mirrors. For the quarter ending March 31, the company recorded a 42.5% rise......
German automotive supplier Bosch has secured a long term agreement to supply large volumes of electric motors to Mercedes-Benz for the company’s next generation electric vehicles, extending the partnership well into the 2030s. The deal strengthens ties between two of Germany’s biggest industrial......
Tata Motors has warned of near-term cost pressures driven by global economic uncertainty, even as the company reported a sharp increase in quarterly profit supported by strong vehicle demand and improved domestic sales. The Indian automaker posted a nearly 70% rise in profit for the fourth quarter ending......
Hyundai Motor India reported better-than-expected quarterly performance, supported by strong demand for sport utility vehicles (SUVs) in both domestic and export markets, even as overall profits declined year-on-year. The Indian subsidiary of South Korea’s Hyundai Motor Company posted a consolidated......
The French automotive group Renault has revealed a new concept vehicle called the Bridger, a compact SUV designed with a global ambition but strongly inspired by the needs of the Indian market. The unveiling took place during a presentation outlining the company’s medium-term strategy for the coming......
