Search result for 'aftermarket'

Switch Mobility UK to Close Sherburn Plant: Impact on Bus Production

March 26, 2025 17:54

Switch Mobility UK, a subsidiary of Ashok Leyland, is considering closing its Sherburn facility due to economic challenges in the bus manufacturing sector. The company will continue operations in...

CEAT Targets Premium Car Tyre Market Growth

March 19, 2025 18:39

CEAT aims to dominate the premium car tyre segment with new product launches, targeting 25-30% market share in 3-5 years. The company is introducing ZR-rated, CALM Technology and Run-Flat tyres to...

Stellantis Launches Eurorepar Car Service in India

March 5, 2025 18:58

Stellantis expands its Eurorepar Car Service network to India with the launch of its first multi-brand workshop in Chennai. The company plans to open over 100 service centers across the country...

ZF Group Opens First 'ZF (pro) Tech' Workshop in Delhi

February 22, 2025 16:52

ZF Group launches its first state-of-the-art 'ZF (pro) Tech' workshop in Delhi, offering support to automotive industry workshops. The initiative aims to provide unparalleled service and technical...

Rolls-Royce, Triveni Partner for Marine Gas Turbine Generators in India

February 6, 2025 10:59

Rolls-Royce and Triveni Engineering have signed an MoU to explore opportunities for 4MW marine gas turbine generators in India, aiming to power the Indian Navy's future fleet.

Greaves Cotton Launches New Electric 2-Wheeler & 3-Wheeler Products

January 17, 2025 18:51

Greaves Cotton unveils new electric two-wheeler and three-wheeler products, including concept vehicles, charging solutions, and after-market accessories at the Bharat Mobility Global Expo.

L&T Construction & Mining Machinery to Grow 20% in FY26

December 26, 2024 17:30

Larsen & Toubro expects its construction and mining machinery business to grow 20% in FY26 and double sales in the next five years, driven by investments in service capabilities and new...

myTVS Launches Quick Commerce for Auto Parts; Aims for 250 Stores

December 18, 2024 16:00

myTVS, a leading digital automotive aftermarket platform, enters the quick commerce segment for auto parts distribution. They plan to establish 250 myTVS Hypermart stores across India over the next...

Auto Component Industry Grows 11% to Rs 3.32 Lakh Cr in H1 FY24-25: ACMA

December 12, 2024 16:28

India's auto component industry witnessed an 11% growth in the first half of FY24-25, reaching Rs 3.32 lakh crore, driven by strong domestic sales and steady exports. Read more.

CEAT Shares Surge 12% After Camso Acquisition

December 9, 2024 12:00

CEAT shares rallied over 12% after the tyre maker announced the acquisition of Camso's Off-highway Tyres (OHT) and tracks business for Rs 1,905 crore. The acquisition is expected to boost CEAT's...

CEAT Acquires Camso: Eyes Premium OHT Growth

December 9, 2024 07:30

CEAT acquires Camso's off-highway tyre and tracks business for USD 225 million, aiming to capitalize on the high-growth, premium OHT segment.

CEAT Acquires Camso OHT & Tracks Business for $225 Million

December 6, 2024 18:35

CEAT has acquired Camso's off-highway tyres (OHT) and tracks business from Michelin for $225 million, expanding its global reach and product portfolio. The acquisition includes two manufacturing...

Setco Starts Exporting Auto Parts to US

December 6, 2024 17:05

Setco Automotive, a Gujarat-based company, has begun exporting flywheels and covers to the US market. The company aims to capitalize on the growing demand for high-quality auto components in...

Setco Automotive Reports Q2 Net Loss of Rs 34.83 cr

November 15, 2024 17:51

Setco Automotive Ltd reported a consolidated net loss of Rs 34.83 crore for the July-September 2024 quarter, marking an improvement from the previous year. Revenue increased due to higher volumes...

Ashok Leyland Q2 Profit Rises to Rs 766.55 Crore

November 8, 2024 13:51

Ashok Leyland reports a consolidated profit of Rs 766.55 crore for the July-September 2024 quarter, driven by strong performance in the medium and heavy commercial vehicle segment. The company...

Rane Holdings Q2 Profit Jumps to Rs 185.4 Crore

November 5, 2024 18:01

Rane Holdings Ltd reported a consolidated profit after tax of Rs 185.4 crore in Q2 FY25, driven by exceptional items. The company's PAT grew to Rs 204.9 crore in the first half of FY25.

Greaves Cotton Appoints EV Solutions Head for Retail Arm

October 30, 2024 20:05

Greaves Cotton has appointed Ramachandra Puttanna as the new business head for EV solutions and new businesses for its retail arm Greaves Retail. Puttanna will be responsible for driving the...

Rane Brake Linings Q2 PAT Up 15.3% to Rs 11.1 cr

October 25, 2024 16:02

Rane Brake Lining Ltd. reports a 15.3% rise in Q2 PAT to Rs 11.1 crore, driven by strong sales to OEMs and overseas customers. Revenue grew by 10.7% to Rs 175.1 crore.

CEAT expects easing of pressure from high rubber price in H2: MD & CEO

October 20, 2024 10:39

CEAT expects easing pressure from high natural rubber prices in the second half of FY23, after being impacted by 15-year high domestic prices, says MD & CEO Arnab Banerjee. The company expects its...

myTVS Launches EV Mobility Service, Targets 10,000 Electric 2-Wheelers by 2025

September 23, 2024 14:45

myTVS is expanding into the EV mobility service market with a goal of adding 10,000 electric two-wheelers to its fleet by March 2025, partnering with MoEVing to offer end-to-end vehicle management...

India Tops South African Vehicle Imports: BRICS+ Report

September 17, 2024 00:05

India has become the top country of origin for vehicle imports to South Africa, according to the Automotive Business Council's BRICS+ Research Report 2024. Learn about the trends driving this growth.

GoMechanic's Revival: Sustainability Over Growth

September 11, 2024 19:09

GoMechanic co-founder Muskan Kakkar discusses the company's revival strategy, focusing on sustainable growth and customer retention over rapid expansion. Learn how they achieved profitability and...

Ashok Leyland Launches Uptime Solution Centre for Real-Time Truck Support

September 3, 2024 14:59

Ashok Leyland inaugurates a new Uptime Solution Centre in Chennai, offering real-time support and troubleshooting for BS-VI trucks, aimed at enhancing customer satisfaction and maximizing fleet...

Pioneer Targets Indian Automakers for Future Growth

August 27, 2024 17:34

Pioneer, known for car audio and entertainment systems, plans to partner with Indian automakers to tap into the OEM market, aiming for significant growth. The company is in talks with various...

Ashok Leyland Sees High Fleet Enquiries Amid Consolidation - PTI

August 16, 2024 17:45

Ashok Leyland reports a surge in enquiries from fleet operators due to industry consolidation. The company expects single-digit growth in the MHCV segment this fiscal. Read more.

Amara Raja Energy Q1 Profit Up 26% to Rs 249 cr - Business News

August 4, 2024 16:38

Amara Raja Energy & Mobility (ARE&M) has reported a 26% increase in net profit for the June quarter at Rs 249.12 crore, driven by strong growth in automotive aftermarket, OEMs and exports.

Rane Holdings Q1 PAT Surges 61.2% to Rs 19.5 Cr

August 3, 2024 18:15

Rane Holdings Ltd reported a 61.2% increase in Q1 PAT to Rs 19.5 crore, despite a slight revenue decline. Domestic OE revenue grew, while international sales dipped due to LMCA divestment.

TVS Mobility & Mitsubishi Corp. Partner for Employee Exchange

August 1, 2024 14:01

TVS Mobility and Mitsubishi Corporation have partnered for an employee exchange program to enhance skills, train next-generation leaders, and foster mutual growth. The program will involve...

Honeywell & Air India Sign Long-Term APU Maintenance Deal

July 29, 2024 11:26

Honeywell has signed a long-term agreement with Air India for the maintenance of Auxiliary Power Units (APUs) across the airline's existing and new fleet.

Auto Component Industry Turnover Up 10% in FY24: ACMA

July 25, 2024 16:50

India's auto component industry grew by 9.8% to Rs 6.14 lakh crore in FY24, driven by domestic and export growth, as per ACMA. The industry saw a trade surplus of USD 300 million.

CCI Dismisses Complaint Against Indiabulls Housing

July 24, 2024 19:29

Competition Commission of India (CCI) dismissed a complaint against Indiabulls Housing Finance for alleged abuse of dominant position through misleading advertisements.

ki Mobility to Open 5,000 myTVS Service Networks by 2027

July 18, 2024 18:41

ki Mobility Solutions plans to expand its myTVS multi-brand service network to 5,000 by 2027, aiming to become the largest in the world. The company currently has over 1,000 service outlets and...

TVS Mobility Acquires Italy's Roberto Nuti Group

July 1, 2024 16:32

TVS Mobility's subsidiary SI Air Springs acquires Italy-based automotive components supplier Roberto Nuti Group, expanding its product range and global reach. The acquisition marks a significant...

Tide Water Oil Focuses on Profitability Amid Diversification

June 28, 2024 23:26

Tide Water Oil Co. (India) Ltd. focuses on profitability amid diversification, leveraging Veedol brand and expanding into vehicle care and industrial segments.

G Srinivasa Raghavan: New Chairman of NEXUS Automotive

June 27, 2024 19:22

G Srinivasa Raghavan, CEO and Global President of TVS Mobility, has been appointed as the Chairman of NEXUS Automotive International, a global automotive aftermarket community.

Cummins India Q4 PAT Surges 54% to Rs 539 Crore

May 30, 2024 13:27

Cummins India's profit after tax (PAT) jumped 54% to Rs 538.86 crore in the March quarter, driven by higher income. Total income rose to Rs 2,418.92 crore.

SKF India Launches Truck Campaign for CV Mechanics

May 18, 2024 12:11

SKF India launches 'Install Confidence, Install SKF' campaign to support commercial vehicle mechanics with product awareness and skill development.

Rane (Madras) Reports Q4 Loss, Sales Decline - PTI

May 9, 2024 15:56

Rane (Madras) Ltd reported a consolidated net loss of Rs 9.4 crore for Q4 FY24 due to a drop in sales volume, particularly in commercial vehicles and tractors. Total revenue declined to Rs 519.3...

Rane Engine Valve Q4 PAT Flat at Rs 4.7 cr - Business News

May 7, 2024 15:31

Rane Engine Valve Ltd reported a profit after tax of Rs 4.7 crore for Q4 FY24, flat compared to last year. Revenue grew to Rs 151.2 crore, driven by strong sales to OEMs.

Rane Brake Lining Q4 PAT Up 28% to Rs 15.4 cr - Business News

May 3, 2024 15:17

Rane Brake Lining Ltd reported a 28% rise in profit after tax for Q4 FY24 at Rs 15.4 crore, driven by strong sales growth in the two-wheeler and passenger vehicle segments. Revenue also grew by...

ASK Automotive & AISIN JV for Passenger Car Parts

April 24, 2024 19:56

ASK Automotive and AISIN Group have formed a joint venture to market and sell auto components for passenger cars in India, Nepal, Sri Lanka, and Bangladesh.

Grip Invest: Fixed Income Investments to Double to Rs 2,000 cr in 12 Months

April 17, 2024 17:31

Grip Invest, a fixed-income trading platform, expects investment to double to Rs 2,000 crore in the next 12 months, driven by growing retail investor interest. The platform has also launched 24/7...

Nippon Paint Launches Automotive Body Repair Service in India

April 5, 2024 18:20

Nippon Paint has launched Mastercraft, a consumer-facing automotive body and paint repair service in India, with plans to expand globally. The service offers a range of solutions, including...

TVS Mobility & Mitsubishi JV for Vehicle Mobility Ecosystem in India

February 19, 2024 15:32

TVS Mobility and Mitsubishi Corporation form a joint venture to establish a comprehensive vehicle mobility ecosystem in India, aiming for USD 2 billion revenue in 3-5 years. The partnership will...

Royal Enfield Enters Turkiye with K-Rides Motosiklet

February 16, 2024 18:07

Royal Enfield expands its reach with a partnership with K-Rides Motosiklet in Turkiye, offering a wide range of motorcycles including Bullet, Classic, HNTR, and more.

Auto Component Industry Growth to Moderate in FY25: Report

February 13, 2024 16:50

Icra forecasts auto component industry revenue growth to slow to 5-7% in FY25 due to moderated domestic volumes and weak exports. Capex is expected to remain high, driven by EV components, new...

Lumax Auto Tech Partners with Bluechem for Car Care Products

February 2, 2024 11:00

Lumax Auto Technologies partners with Bluechem Group to offer automotive car-care products in India. This partnership aims to expand Lumax's aftermarket segment and establish Bluechem's presence in...

Auto Component Aftermarket to Reach $14 Billion by 2028: ACMA Study

January 29, 2024 16:52

India's auto component aftermarket is projected to grow to USD 14 billion by 2028, driven by a surge in vehicle parc and export opportunities. Learn more about the report findings.

Rane Group Q3 Net Profit Down 66.3% to Rs 11.2 Cr

January 25, 2024 21:33

Rane (Madras) reported a 66.3% decline in Q3 net profit to Rs 11.2 crore, impacted by weak demand in farm tractor and steering products segments.

CEAT Launches Steel Radial Tyres for Two-Wheelers

January 19, 2024 21:06

CEAT enters the steel radial tyre market for two-wheelers, targeting both aftermarket and OEM segments. The move aims to enhance CEAT's leadership in the two-wheeler tyre market and premiumize the...

Auto Component Industry to Invest USD 7 Billion Over 5 Years

December 20, 2023 14:51

India's auto component industry plans to invest USD 7 billion over the next 5 years to expand capacity and upgrade technology, driven by robust demand and growth in vehicle sales.

Tata AutoComp GY Batteries Partners with TVS Motor

December 15, 2023 19:40

Tata AutoComp GY Batteries partners with TVS Motor for after-market battery purchases and servicing across India. The partnership expands on a previous OEM relationship and offers co-branded...

Airbus Helicopters Partners with Indamer for Helicopter MRO in India

December 8, 2023 13:52

Airbus Helicopters has partnered with Indamer for helicopter maintenance, repair and overhaul (MRO) services in India, aiming to enhance after-market experience and support the growing fleet in the...

GoMechanic Raises Rs 50 Crore from New Investor

November 8, 2023 21:25

GoMechanic, acquired by Servizzy, raises USD 6 million from an undisclosed marquee investor and existing shareholders. The company aims to serve 1 in 10 after-market cars in the next 3 years.

India Fruit Exports Surge 47% in 5 Years: Govt

INOX Air Products Launches First Green Hydrogen Plant in India

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Search result for 'aftermarket'

Switch Mobility UK to Close Sherburn Plant: Impact on Bus Production

CEAT Targets Premium Car Tyre Market Growth

Stellantis Launches Eurorepar Car Service in India

ZF Group Opens First 'ZF (pro) Tech' Workshop in Delhi

Rolls-Royce, Triveni Partner for Marine Gas Turbine Generators in India

Greaves Cotton Launches New Electric 2-Wheeler & 3-Wheeler Products

L&amp;T Construction & Mining Machinery to Grow 20% in FY26

myTVS Launches Quick Commerce for Auto Parts; Aims for 250 Stores

Auto Component Industry Grows 11% to Rs 3.32 Lakh Cr in H1 FY24-25: ACMA

CEAT Shares Surge 12% After Camso Acquisition

CEAT Acquires Camso: Eyes Premium OHT Growth

CEAT Acquires Camso OHT & Tracks Business for $225 Million

Setco Starts Exporting Auto Parts to US

Setco Automotive Reports Q2 Net Loss of Rs 34.83 cr

Ashok Leyland Q2 Profit Rises to Rs 766.55 Crore

Rane Holdings Q2 Profit Jumps to Rs 185.4 Crore

Greaves Cotton Appoints EV Solutions Head for Retail Arm

Rane Brake Linings Q2 PAT Up 15.3% to Rs 11.1 cr

CEAT expects easing of pressure from high rubber price in H2: MD & CEO

myTVS Launches EV Mobility Service, Targets 10,000 Electric 2-Wheelers by 2025

India Tops South African Vehicle Imports: BRICS+ Report

GoMechanic's Revival: Sustainability Over Growth

Ashok Leyland Launches Uptime Solution Centre for Real-Time Truck Support

Pioneer Targets Indian Automakers for Future Growth

Ashok Leyland Sees High Fleet Enquiries Amid Consolidation - PTI

Amara Raja Energy Q1 Profit Up 26% to Rs 249 cr - Business News

Rane Holdings Q1 PAT Surges 61.2% to Rs 19.5 Cr

TVS Mobility & Mitsubishi Corp. Partner for Employee Exchange

Honeywell & Air India Sign Long-Term APU Maintenance Deal

Auto Component Industry Turnover Up 10% in FY24: ACMA

CCI Dismisses Complaint Against Indiabulls Housing

ki Mobility to Open 5,000 myTVS Service Networks by 2027

TVS Mobility Acquires Italy's Roberto Nuti Group

Tide Water Oil Focuses on Profitability Amid Diversification

G Srinivasa Raghavan: New Chairman of NEXUS Automotive

Cummins India Q4 PAT Surges 54% to Rs 539 Crore

SKF India Launches Truck Campaign for CV Mechanics

Rane (Madras) Reports Q4 Loss, Sales Decline - PTI

Rane Engine Valve Q4 PAT Flat at Rs 4.7 cr - Business News

Rane Brake Lining Q4 PAT Up 28% to Rs 15.4 cr - Business News

ASK Automotive & AISIN JV for Passenger Car Parts

Grip Invest: Fixed Income Investments to Double to Rs 2,000 cr in 12 Months

Nippon Paint Launches Automotive Body Repair Service in India

TVS Mobility & Mitsubishi JV for Vehicle Mobility Ecosystem in India

Royal Enfield Enters Turkiye with K-Rides Motosiklet

Auto Component Industry Growth to Moderate in FY25: Report

Lumax Auto Tech Partners with Bluechem for Car Care Products

Auto Component Aftermarket to Reach $14 Billion by 2028: ACMA Study

Rane Group Q3 Net Profit Down 66.3% to Rs 11.2 Cr

CEAT Launches Steel Radial Tyres for Two-Wheelers

Auto Component Industry to Invest USD 7 Billion Over 5 Years

Tata AutoComp GY Batteries Partners with TVS Motor

Airbus Helicopters Partners with Indamer for Helicopter MRO in India

GoMechanic Raises Rs 50 Crore from New Investor

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