Mahindra & Mahindra (M&M Ltd) has reported a strong operating performance across businesses in Q3 of FY25 with a consolidated PAT of INR 31.81 billion, up 20 percent. Auto and Farm Divisions continue to deliver growth and margins. Profits have been up 16 percent. The Financial services AUM grew at 19 percent and TechMahindra achieved good traction in deal wins, seeing its EBIT improve 480 bps.
Claiming to be Number one in SUVs with revenue market share at 23 percent, up 200 bps, Mahindra & Mahindra reported that SUV volumes in Q3 FY25 rose 20 percent. The company reported that it has retained its number one position in LCVs below 3.5 tonne GVW with a market share of 51.9 percent, up 230 bps. The company also reported that it has retained its number one position in tractors with the market share of 44.2 percent, up 240 bps. 
While the market share of the group in electric vehicles is at 41.8 percent, the market share of MMFSL AUM has increased by 19 percent. TechMahindra EBIT has rose 480 bps with continued focus on margin expansion. The consolidated revenue was reported at INR 414.7 billion, up 17 percent. Consolidated PAT was reported at INR 31.81 billion, up 20 percent. Year-To-Date FY25 RoE was reported at 18.4 percent and EPS at 86.0.
Speaking about the development, Dr Anish Shah, Managing Director and CEO, M&M Ltd. said, “Our businesses continue to demonstrate strength in execution. Auto and Farm delivered solid performance on market share and margins, on the back of focused execution. The transformation at TechMahindra is gathering momentum. MMFSL continues to balance asset quality and growth priorities, with GS under four percent on the back of strong AUM growth. Our Growth Gems are demonstrating steady progress towards their long-term objectives.”
Rajesh Jejurikar, Executive Director and CEO (Auto and Farm Sector), M&M Ltd, averred, “The launch of our flagship electric origin SUVs, the BE 6 and XEV 9e set a new benchmark in global innovation. Thar ROXX won the Indian Car of the Year (ICOTY) as well as Autocar car of the year. In Q3 F25, we were Number one in SUV revenue market share with 200 bps YoY increase. LCV less than 3.5-tonne volume market share is at 51.9 percent, a gain of 230 bps. The Auto segment PBIT is up by 120 bps YoY. We achieved highest ever Q3 tractor market share at 44.2 percent, a gain of 240 bps YoY, and farm PBIT is up by 260 bps YoY.”
 
 

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Italian automotive brand Automobili Lamborghini has announced that Fermin Soneira will join the company on 1 July as the new head of Research & Development and Motorsport. He succeeds Rouven Mohr, who has been appointed Chief Technical Officer of Audi AG.

Soneira brings extensive international and technical experience to his new role and till recently, he served as CEO of the Audi and SAIC Cooperation Project in Shanghai, developing a new brand and platform for the Chinese market.

 Born in 1972 in Spain, he holds a Master’s degree in Mechanical and Automotive Engineering. He began his career at Audi AG in chassis development before spending 12-years at SEAT, where he led chassis and vehicle engineering. Upon returning to Audi in 2014, he directed product and electrification strategy and later served as Head of Global Product Marketing. From 2020, he oversaw the product lines for several electric models, including the Q4, Q6, Q8 and A6 e-tron series.

Mohr leaves Lamborghini after serving as Chief Technical Officer since January 2022. He oversaw the technical transition to hybrid power for the Revuelto, Urus SE and Temerario. He was also managing the development of the SC63 for endurance racing, as well as the upcoming Temerario GT3 and Super Trofeo.

Stephan Winkelmann, Chairman and CEO, Automobili Lamborghini, said, “On behalf of the entire company, I would like to sincerely thank Rouven Mohr for his outstanding dedication and leadership over the past years. His contribution has been instrumental in shaping Lamborghini’s technological path, particularly in the transition towards hybridisation. At the same time, I am pleased to welcome Fermín Soneira to Lamborghini. With his extensive international experience, technical competence and strategic vision, he will further strengthen the brand’s success and drive our future innovation.”

Fermín Soneira, added, “It is a great honour to join an iconic brand such as Lamborghini, which has contributed to writing the history of the automotive industry, performance and design. I look forward to working with the team to further elevate the brand’s technological excellence and driving experience.”

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Maruti Suzuki India has announced that its staff contributed 2,600 hours to the eParivartan initiative during FY2025–26.

The programme involved 1,100 employees who participated in 30 activities focused on health, community care, and education.

In the health sector, employees took part in four blood donation sessions at company sites. Staff also used kits to build wheelchairs for donation to care centres and provided food, medicines, and toiletries to residents of shelter homes. Companionship programmes were established to connect volunteers with elderly and underprivileged individuals.

Education efforts included hosting students from underprivileged backgrounds at the Manesar manufacturing plant to observe production processes. Volunteers also provided support to students with visual impairments by distributing Braille kits and held art sessions for children with disabilities. A 'Wish Tree' project resulted in the provision of stationery and bags to 300 students. Additionally, employees painted 1,400 square feet of wall space at schools in Manesar and Gurugram to update learning environments.

Rahul Bharti, Senior Executive Officer, Corporate Affairs, Maruti Suzuki India, said, “At Maruti Suzuki, we believe progress is meaningful only when it is shared with the communities around us. We are happy to share that in FY 2025–26, over 1,100 Maruti Suzuki employees volunteered more than 2,600 hours, supporting more than 8,700 people in education, healthcare, or companionship. We don’t know how much difference we have made to the lives of these people, but we do know that the Maruti Suzuki volunteers have found it an immensely fulfilling, soul-warming, and life-changing experience.”

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JSW Motors, the new energy passenger vehicle division of the JSW Group, hosted its first Supplier Partner Conference & Tech Show at its manufacturing facility in Bidkin, Chhatrapati Sambhajinagar, Maharashtra.

Organised in collaboration with the Automotive Component Manufacturers Association of India (ACMA), the event brought together over 100 auto-component business houses. The conference serves as a strategic precursor to JSW Motors' upcoming entry into the Indian passenger vehicle market, focusing on building a localised, resilient and ‘glocal’ supply chain for its new energy vehicle (NEV) programs.

The conference highlighted JSW Motors' commitment to domestic value creation as it prepares for its first vehicle rollout later this year.

The Bidkin facility in the Aurangabad Industrial City (AURIC) is positioned as the primary production hub for JSW’s independent EV and hybrid lineup, separate from its joint venture with MG Motor.

The Tech Show showcased innovations in automotive design and next-generation manufacturing, encouraging technical licensing agreements (TLAs) between local suppliers and global technology partners.

Ranjan Nayak, CEO, JSW Motors, said, “At JSW Motors, we believe that building world-class mobility solutions requires a strong and future-ready supplier ecosystem. The first ever Supplier Conference & Tech Show reflects our commitment to collaborative growth, technology excellence and supply chain resilience. JSW Motors is months away from its first launch. The conference we're holding today is a signal of how seriously we take localisation and how seriously we take the partners we're building with.”

Vikrampati Singhania, President, ACMA, said, “This initiative marks an important step towards building a future-ready and resilient mobility ecosystem in India. As the industry transitions towards new energy vehicles, the role of suppliers becomes increasingly strategic, requiring early alignment on product roadmap, technology direction and scale to enable timely investments and capability development. We are encouraged by JSW Motors’ strong commitment to collaboration and localisation, which will be critical in strengthening the domestic value chain and enhancing the global competitiveness of India’s auto component industry.”

The event aligns with JSW Motors' broader strategy to disrupt the Indian NEV segment with a mix of high-tech SUVs and premium models.

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Michael R Bloomberg has announced a new USD 350 million investment towards Bloomberg Philanthropies Initiative for Global Road Safety, including the Bloomberg Initiative for Cycling Infrastructure, aimed at saving one million lives over the next five years through improved road safety policies and cycling infrastructure.

The announcement, made at CityLab 2026 in Madrid, brings the total funding for the Bloomberg Philanthropies Initiative for Global Road Safety (BIGRS) to USD 865 million since 2007. The initiative focuses on high-impact interventions to combat the more than one million annual road traffic deaths reported by the World Health Organization.

The new funding will scale proven interventions across 13 countries and over 30 cities, with a specific focus on high-risk regions in Latin America, Africa and Asia.

• Cycling Infrastructure (BICI): A global competition will select 25 cities for technical training, with 10 finalists receiving USD 400,000 each to implement safe cycling networks. The goal is to reach 15 million people with improved bike lanes.
• Policy & Enforcement: Continued support for national and city-level policies targeting speeding (a factor in 50 percent of fatalities) and new research into distracted driving.
• Vehicle Safety: Expanding safety standard improvements to more car models across emerging markets.
• Urban Transit: Promoting government investment in Bus Rapid Transit (BRT), cited as the safest urban transport method.

In India, the initiative will specifically target Delhi, Karnataka State and Maharashtra State (with an emphasis on Mumbai and Pune). To accelerate progress, the program uses a ‘mentor city’ model where regional leaders like Bogota, Ho Chi Minh City and Addis Ababa provide peer-to-peer support to neighbouring municipalities.

Michael R. Bloomberg, said, “Road crashes don’t receive enough attention, even though they take a staggering toll on human life and health – and so many of the injuries and deaths are preventable. At Bloomberg Philanthropies, we’ve long recognized the urgency to improve road safety and the important role that improved cycling infrastructure can play. This major new investment will expand and accelerate the lifesaving progress we’ve made bringing proven interventions to streets around the world.”

The initiative which begin in 2007 has established a strong track record of measurable outcomes including nearly 900,000 lives saved through the passage of 190 policies.

Over 2,400 dangerous intersections redesigned and 200 miles of bike lanes built. Nearly 80,000 traffic police trained across 22 countries and anticipated reduction of 97,000 tons of CO2 emissions by 2040 through increased cycling.

The program will also produce the world’s first comprehensive guide for safe cycling infrastructure, establishing new international design standards to supplement the Global Street Design Guide.

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