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CV (Commercial Vehicles)News

VECV records highest Q1 sales, revenue rises 17 pc

New Delhi: VE Commercial Vehicles (VECV), the joint venture between the Volvo Group and Eicher Motors, on Wednesday reported its highest-ever first quarter sales, supported by robust growth in revenue…

Automobility Automobility July 30, 2026
NewsTyres

Apollo Tyres Chairman bets on sustainable growth amid global uncertainty

New Delhi: Apollo Tyres Chairman Onkar S. Kanwar has said the company remains focused on disciplined execution, responsible growth and long-term value creation despite global geopolitical tensions, shifting trade dynamics…

Automobility Automobility July 30, 2026
CV (Commercial Vehicles)News

Mahindra to transfer truck and bus business to SML Mahindra in Rs 525 crore deal

Mumbai: Mahindra & Mahindra Ltd (M&M) on Wednesday approved the transfer of its Truck and Bus Division (MTBD) to its listed subsidiary SML Mahindra Ltd for ₹525 crore on a…

Automobility Automobility July 29, 2026
AUTO COMPONENTSNews

NRB Bearings FY26 PAT jumps 77% on margin gains

Mumbai: NRB Bearings Ltd on Wednesday reported a 77 per cent jump in consolidated profit after tax (PAT) to ₹146 crore for FY26, driven by improved operational efficiency, higher margins…

Automobility Automobility July 29, 2026
AUTO COMPONENTSNews

Wheels India Q1 Profit Jumps 40% on strong demand

Chennai: Wheels India Ltd reported a 40 per cent rise in standalone net profit to ₹37.04 crore for the first quarter ended June 30, 2026, aided by robust demand in…

Automobility Automobility July 29, 2026
AUTO COMPONENTSNews

FORVIA to set up first complete seat assembly plant in India

New Delhi: Global automotive technology company FORVIA has announced a major expansion of its operations in India with plans to establish its 10th manufacturing facility in the country and its…

Automobility Automobility July 28, 2026
Electric Vehicles (Evs)News

Avore Electric Launches first Electric Motorcycle EX at Rs 1.25 Lakh

Ahmedabad: Avore Electric, India's homegrown technology-first electric motorcycle manufacturer from the house of Samarth E-Mobility, on Tuesday announced the launch of the Avore Electric EX (Avore Electric Elevated Experience), its…

Automobility Automobility July 28, 2026
CV (Commercial Vehicles)Technology

Toyota Motor Joins Volvo and Daimler Truck’s Fuel Cell Technology JV

New Delhi: Toyota Motor Corporation, Volvo Group and Daimler Truck have signed a binding agreement under which Toyota will join fuel cell company cellcentric as an equal shareholder, marking a…

Automobility Automobility July 27, 2026
AUTO COMPONENTSNews

Omega Seiki Mobility raises Rs 50 crore to fuel EV expansion

New Delhi: Electric vehicle manufacturer Omega Seiki Mobility (OSM) has raised Rs 50 crore in a funding round led by Securocorp Securities India, along with investments from Sangeeta Pareekh, the…

Automobility Automobility July 27, 2026
CV (Commercial Vehicles)News

Energy In Motion, HPCL join hands to build EV charging network for heavy trucks

Staff WriterMumbai: Energy In Motion Ltd (EIM) has signed an agreement with Hindustan Petroleum Corporation Ltd (HPCL) to set up fast-charging and battery-swapping infrastructure for heavy commercial electric vehicles at…

Automobility Automobility July 27, 2026
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