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Eicher Motors Clock INR 15 Billion Net Profit For Q1 FY27, New INR 12 Billion Greenfield Facility In Andhra Pradesh
July 29, 2026
The company's earnings before interest, tax, depreciation, and amortisation (EBITDA) rose 32 percent YoY to INR 15.91 billion from INR 12.03 billion in Q1 FY26; consolidated net profit grew 21 percent YoY to INR 14.63 billion from INR 12.05 billion a year
MT Bureau
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KPMG Global Tech Report 2026 Outlines Automotive Focus on AI, Data Resilience, and Scale
July 29, 2026
The report surveyed 258 technology executives across 22 countries, representing original equipment manufacturers (OEMs), commercial vehicle manufacturers, Tier 1 suppliers, technology component vendors, and mobility providers with annual revenues exceedin
MT Bureau
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Stellantis to Sell Free2move Car-Sharing Business To Mutares
July 29, 2026
Free2move operates free-floating short- and long-term car-sharing services across 14 cities in Europe and the United States via a mobile application platform.
MT Bureau
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ZF CVCS India Secures ESC Supply Deals With Three Major Truck Makers
July 28, 2026
ZF Commercial Vehicle Control Systems India Limited (ZF CVCS India) has finalised multi-year supply agreements with three major Indian truck manufacturers for its ESCsmart Electronic Stability Control (ESC) solution. The deals cover 12-volt and 24-volt ar
MT Bureau
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Omega Seiki Mobility Secures Strategic Funding
July 26, 2026
The funds will be deployed to expand manufacturing capacity at production facilities in Faridabad and Pune, strengthen research and development, enhance the dealer network and accelerate electric mobility solutions following Delhi's EV Policy 2026.
MT Bureau
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Stellantis Appoints Tianshu Xin And Pablo Di Si To Leadership Roles
July 24, 2026
Furthermore, Pablo Di Si has been named Chief Performance Officer, effective 3 August 2026. Reporting directly to Antonio Filosa, Di Si will lead execution of the Stellantis’ ‘Value Creation Program’ to deliver business targets.
MT Bureau
