Tag: Automotive
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M&M fully exits CIE Automotive, accelerates shift to core investments
New Delhi: Mahindra and Mahindra Ltd (M&M) has sold its entire stake in Spanish auto component maker CIE Automotive SA for €126 million, accelerating...
CIE Automotive Q4 Results: Profit up 21%, margin expands; dividend declared
CIE Automotive India reported a steady March quarter performance, with net profit rising 20.84% year-on-year to ₹249.3 crore, supported by broad-based growth across its...
Motherson signs JV with Hellmann to expand global automotive logistics
Samvardhana Motherson International Ltd (SAMIL) on Wednesday, March 25, said it has signed a joint venture agreement with Hellmann Worldwide Logistics to provide integrated...
Tata Elxsi launches DevStudio.ai to speed up automotive software engineering
Tata Elxsi Limited has launched DevStudio.ai, a generative AI platform designed to accelerate automotive software engineering for original equipment manufacturers (OEMs), system suppliers and...
CIE Automotive India Ltd reports 10.4% rise in Q3 net profit to ₹204 crore; margin steady
CIE Automotive India Ltd reported a 10.4% year-on-year increase in consolidated net profit for the third quarter, with earnings rising to ₹204.3 crore compared...
