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LANXESS reports 17% growth in sales in FY2023, expects uptick in FY2024

LANXESS reports 17% growth in sales in FY2023, expects uptick in FY2024

autherAutocar Professional Bureau     calendar26 Mar 2024

In 2023, LANXESS reduced its net debt from EUR 3.814 billion to EUR 2.498 billion. For year 2024, LANXESS expects EBITDA pre exceptionals to be moderately higher than the 2023.

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ZF rebrands passive safety systems division to ZF Lifetec, eyes rapid growth News International
ZF rebrands passive safety systems division to ZF Lifetec, eyes rapid growth

autherAutocar Professional Bureau calendar26 Mar 2024

Rebranding is a key milestone in ongoing carve-out process of the Passive Safety Systems division within the ZF Group....

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AIDA servicing evolving needs of the auto industry News
AIDA servicing evolving needs of the auto industry

By Chandan B Mallik calendar25 Mar 2024

Yap Teck Meng, CEO- AIDA Greater Asia, explains how the company focuses on providing advanced solutions and services t...

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ZF meets annual targets, boosts competitiveness News
ZF meets annual targets, boosts competitiveness

autherAutocar Professional Bureau calendar21 Mar 2024

The company registered 6.4 percent year-on-year growth in turnover to Euro 46.6 billion in CY23.

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SKF appoints Mukund Vasudevan as President, Industrial Region of India and Southeast Asia News
SKF appoints Mukund Vasudevan as President, Industrial Region of India and Southeast Asia

By Shahkar Abidi calendar20 Mar 2024

Mukund will succeed Fredrik Hallen, Acting President of the Industrial Region of India and Southeast Asia.

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Rane Group chairman L Ganesh to retire, Harish Lakshman to take over from April 2024 News National
Rane Group chairman L Ganesh to retire, Harish Lakshman to take over from April 2024

autherAutocar Professional Bureau calendar19 Mar 2024

After 18 years as chairman of the Chennai-based auto component major, L Ganesh to hand over the baton to vice-chairman...

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Uno Minda launches 4W rear view mirror  News
Uno Minda launches 4W rear view mirror 

autherAutocar Professional Bureau calendar19 Mar 2024

The product has been designed to enhance road visibility to drivers.

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Autocar Professional’s March 15, 2024, issue is out! News
Autocar Professional’s March 15, 2024, issue is out!

By Chandan B Mallik calendar18 Mar 2024

This specially curated 56-pager issue offers a review of the key events in the automotive industry in the past fortnig...

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Sona Comstar hits production milestone of 400 million differential gears, 6 million differential assemblies News
Sona Comstar hits production milestone of 400 million differential gears, 6 million differential assemblies

autherAutocar Professional Bureau calendar18 Mar 2024

The company achieved milestones of 100 million, 200 million, and 300 million gears in 2013, 2018, and 2021 respectivel...

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Ready to meet global challenges from India Feature
Ready to meet global challenges from India

By Chandan B Mallik calendar18 Mar 2024

Matthias Zachert, CEO and Chairman of the Board of Management of Lanxess AG is confident that its investment in the co...

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