MAHLE Appoints Automotive Veteran Dr. Michael Macht As New Supervisory Board Chairman

Dr. Michael Macht

MAHLE, a leading automotive supplier, has announced a significant leadership transition. At a Supervisory Board meeting on 25 September 2025, Dr. Michael Macht was elected as the new Chairman, a role he will officially begin on 1 January 2026. He will succeed Professor Dr.-Ing. Heinz K. Junker, who is retiring after nearly three decades with the company, first as CEO and more recently as Chairman.

The appointment of Macht, a seasoned veteran of the automotive industry, comes as part of a carefully planned succession process. Junker, who has served on the Supervisory Board for 10 years, has been preparing Macht for the role over the last few months. Macht is no stranger to MAHLE, having been a member of its Supervisory Board since 2020.

“It has been a great honour for me to serve MAHLE for almost three decades, first as CEO and then as Supervisory Board Chairman. Following the successful reorganisation, I see the group well-positioned for the future with its strategy MAHLE 2030+ and a clearly defined product portfolio. I would like to thank the entire workforce, the Management Board and my direct colleagues for the trust they have placed in me for many years and to wish the company a good future in challenging times. I would also like to thank my successor Dr. Michael Macht for his willingness to take over as Chairman and wish him a sure hand in the performance of this demanding task,” said the departing Chairman of the Supervisory Board Professor Dr.-Ing. Heinz K. Junker.

Arnd Franz, Chairman of the Group Management Board and CEO, MAHLE, said, “Prof. Heinz K. Junker, who is now leaving MAHLE, is a personality who has been closely connected with this company. On behalf of the MAHLE workforce and the Management Board, I would like to thank him for his extraordinary passion and the dedication with which he has shaped our company over three decades. With farsightedness and untiring commitment, he has made a key contribution to the success of MAHLE and most recently guided the company through its transformation with extreme care. I would like to thank him for his close cooperation and his confidence in our Management Board. Even in challenging times, we could always rely on his expertise and support. For his future, he has the sincere best wishes of the entire MAHLE team.”

Boris Schwürz, Deputy Chairman of the Supervisory Board, MAHLE, said, “On behalf of the employee representatives, I would like to express my heartfelt thanks to Prof. Heinz K. Junker for the many years of trustful cooperation. We wish him all the best for the future. We look forward to constructive cooperation with Dr. Michael Macht to position MAHLE for the future in these challenging times.”

This strategic plan, which focuses on electrification, thermal management and sustainable internal combustion engines, was largely shaped under Junker’s leadership. He also oversaw the company's largest acquisition to date, the purchase of the former Behr Group, which significantly bolstered Mahle’s thermal management business.

Macht brings a wealth of experience to his new position. A mechanical engineer by trade, he began his career at Dr. Ing. h.c. F. Porsche AG in 1991, rising through the ranks to become its CEO in 2009. From 2009 to 2014, he also served on the Board of Management of Volkswagen. His extensive background in the automotive sector makes him an ideal successor to guide Mahle through the ongoing industry transformation.

Dr. Michael Macht, said, “On behalf of the entire MAHLE Supervisory Board, I would like to thank Prof. Heinz K. Junker and to express my sincere appreciation for his work as Chairman. In his many years as Chairman, he has guided the Supervisory Board through demanding phases with considerable commitment and expertise and a calm hand, laying the foundations for the future-oriented development of the company. He has my best wishes for the future.”

Musashi India Completes Bengaluru Plant Expansion, Annual Output Value To Reach INR 10 Billion

Musashi

Musashi India, a subsidiary of Japan’s Musashi Seimitsu Industries and a manufacturer of two-wheeler and four-wheeler transmission components, has completed the Phase 2 expansion of its Bengaluru manufacturing facility. The enlarged plant will become fully operational by December 2025.

The strategic upgrade reinforces Musashi’s commitment to India’s automotive and electric mobility sectors. The facility is set to become the Musashi Group's largest integrated manufacturing site under one roof.

The expansion, which adds 11,000 square metres of developed area, boosts the total plant size to 32,000 square metres and introduces new capabilities in forging, machining and heat treatment.

The company has increased production capacity from 4 million to 6.5 million sets of scooter and motorcycle transmissions annually. This move is expected to nearly double output value from INR 5.5 billion to INR 10 billion annually.

The Bengaluru plant will now serve as a hub for both domestic and export markets, catering to multiple categories, including 100–750cc motorcycles, 100–125cc scooters and two-wheeler and three-wheeler e-axles for the internal combustion engine (ICE) and electric vehicle (EV) segments.

The facility incorporates automated technologies such as gear grinding, automated gear checking and camera-based inspection systems, supported by robotic and gantry solutions, ensuring high precision and efficiency. The plant will also function as a prototype and testing hub for ICE transmissions and e-axles.

In line with global environmental, social, and governance (ESG) commitments, the facility features:

  • Rooftop Solar: A 2.16 million kWh installation.
  • Green Energy: The plant operates with over 96 percent green energy, powered by a mix of hydro, wind, rooftop and captive renewable sources.

These initiatives support Musashi’s global objective of achieving carbon neutrality across its value chain by 2038.

Naoya Nishimura, CEO, Musashi Auto Parts India and Africa Region, said, “The Bengaluru facility expansion marks a significant leap forward in Musashi’s journey of growth and innovation in India. Constructed within just 18 months, it stands as the largest integrated manufacturing facility under one roof within the Musashi Group. This facility embodies our ‘Go Far Beyond’ aim, combining precision engineering, advanced automation and sustainability to create a new benchmark in manufacturing excellence. This development will further strengthen Musashi India’s position as a trusted partner in the global EV supply chain while reinforcing its leadership in next-generation mobility solutions.”

Geopolitical Shifts Set To Boost India's Auto Component Industry To $200 Billion Says McKinsey Report

Auto Component

Geopolitical shifts in global trade are positioning India's auto component industry as a key player in the international supply chain, with projections indicating the sector's value could soar to USD 200 billion (EUR 160 billion) by 2030 said a recent report by McKinsey.

The report suggests that as an estimated USD 12 trillion to USD 14 trillion in global trade is expected to shift across corridors by 2035, India, aided by its cost competitiveness and skilled workforce, is emerging as a primary beneficiary. The Indian auto component industry has already experienced a compound annual growth rate (CAGR) of about 10 percent over the last five years.

The projected growth of the industry is underpinned by a two-pronged strategy focused on both traditional and future mobility technologies:

  • Internal Combustion Engine (ICE) Exports: A USD 20 billion to USD 30 billion export opportunity is forecast for ICE components by 2030, as global markets consolidate their supply base.
  • Electric Vehicle (EV) Growth: Domestic EV sales are expected to see a sharp 35 percent CAGR, aligning the industry with worldwide electrification trends.

The industry must address key challenges, including reliance on critical components like rare earth elements (mostly sourced from China), capability gaps in advanced technologies, and compliance with new policy shifts like carbon taxes in developed markets.

The analysis proposes two core strategies to lock in long-term value:

  1. The IGNITE Approach: This focuses on securing a ‘last person standing’ advantage in ICE global play by upgrading supply chains, future-proofing the industry with new technologies, investing in capabilities like global sales expertise, and creating a future-ready workforce.
  2. The GAIN Approach: This calls for a collaborative effort between Government, Associations, Institutional finance, and a Network effort of MSMEs to address systemic issues and secure access to critical resources and innovation.

Bosch Reports INR 5.54 Billion Net Profit For Q2 FY2026

Bosch

German technology and services major Bosch has reported its financial results for Q2 FY2026, with revenue of INR 47.95 billion, up 9.1 YoY.

The company attributed the growth being driven by demand in the passenger car and off-highway segments. The profit after tax came at INR 5.54 billion, or 11.6 percent of revenue from operations.

During the quarter, overall automotive product sales increased by 11.9 percent. This includes 9.5 percent growth in the power solutions business driven by passenger car and off-highway segments. The two-wheeler business grew by 81.8 percent, primarily due to higher sales of exhaust gas sensors ahead of the ramp-up for OBDII norms implementation from 1 April 2025.

Mobility aftermarket business recorded 3.7 percent growth, supported by performance in diesel and filter systems.

On the other hand, Beyond Mobility Business net sales declined by 14.4 percent, mainly due to the sale of the ‘Video solutions, Access and Intrusions and Communication systems’ business in May 2025.

Guruprasad Mudlapur, President of the Bosch Group in India, and Managing Director, Bosch, said, “This quarter, we recorded growth led by sustained demand in passenger car and off-highway segments coupled with increased sales in key components. This performance reflects our commitment to innovation and customer-centricity despite multiple headwinds. Moving onto the next quarter, the festive season coupled with GST rationalisation bring renewed optimism. We anticipate healthy demand across components driven by changing customer sentiments. With a strong portfolio and customer-first approach, Bosch remains well placed to leverage these opportunities ahead.”

Inteva Products Bolsters India Operations With New Facility And Major Job Creation

Inteva Products Bolsters India Operations With New Facility And Major Job Creation

Inteva Products LLC, a major global automotive systems and components supplier, is significantly increasing its investment in India with a new manufacturing plant in Pune and the introduction of advanced product technologies. This strategic expansion underscores the company's deep, long-term commitment to the Indian automotive market, where it has been operating for over 17 years. The move is designed to foster sustainable growth, create substantial local employment and deliver innovative solutions tailored to the evolving needs of the country's mobility sector.

The new facility, representing an investment of INR 500 million, is expected to create more than 400 new jobs. This expansion will substantially increase Inteva’s production capacity and enhance its integration with regional supply chains, complementing its existing Pune manufacturing plant and its technical centre in Bengaluru. To support the Indian automotive industry's progression, Inteva will launch a suite of next-generation products. These include frameless window regulators, various actuators, its compact SLIM motor and advanced systems like E-Latches and power tailgates. These innovations are focused on improving vehicle safety, supporting electrification and reducing overall weight.

Concurrently, the India Technical Centre in Bengaluru remains a critical global hub for engineering excellence. Staffed by over 320 professionals, including a strong contingent of more than 180 engineers, the centre drives product design, validation and simulation. This expansion is also guided by a strong emphasis on environmental responsibility. The company’s Pune plant now features a 335-kW solar installation with over 1,000 panels, significantly cutting carbon emissions. Inteva is further advancing its sustainability goals through research into repurposed materials and active participation in customer-led ESG initiatives, reinforcing its dedication to responsible manufacturing.

Gerard Roose, President & CEO, Inteva Products, said, “Inteva’s expansion in India reflects our confidence in the region’s growth potential and our shared journey towards innovative and sustainable mobility.”

Sanjay Kataria, VP and Managing Director, India and Rest of Asia, Inteva Products, said, “We are excited to deepen our partnerships with OEMs in India, invest in advanced manufacturing and create meaningful opportunities that fuel automotive growth across the country. This expansion aligns with the Make in India initiative and underscores our commitment to delivering localised, customer-centric solutions.”