The Indian Car of the Year (ICOTY) and Indian Motorcycle of the Year (IMOTY) awards for the year 2025 were presented by JK Tyre at the Levitas Lounge in New Delhi. Mahindra Thar Roxx won the title of Indian Car of the Year 2025, whereas the Aprilia RS 457 was unanimously selected as the Indian Motorcycle of the Year 2025.

Prominent journalists, members of the automobile community and leaders of the industry graced the occasion. Since it was ICOTY's 20th anniversary, this year's event was very noteworthy. The awardees were given their prizes by Dr Raghupati Singhania, Chairman & Managing Director, JK Tyre & Industries, ICOTY Chairman Dhruv Behl, IMOTY Chairman Kartik Ware, and distinguished jury members.

The ICOTY jury established the ‘Premium Car Award’ in 2019 to address the expanding availability, acceptability and appeal of a broad variety of luxury vehicles from different manufacturers in the Indian market. Mercedes-Benz E-Class was acknowledged as the deserving champion for 2025. Given the changing automotive industry and the government's growing emphasis on electric cars, the 'Green Car Award' was instituted in 2021 to recognise the manufacturers' contributions to the mobility of the future. The 2025 Green Car Award was given to MG Windsor.

A rigorous examination procedure was applied to the cars and motorcycles nominated for this year's ICOTY and IMOTY awards. The candidates were assessed in four categories by 28 jurors with over 400 years of combined work experience from top auto magazines. In order to identify the winners, the judges thoroughly examined each vehicle's features, taking into account elements including cost, fuel economy, design, comfort, safety, performance, usefulness, technological innovation, value for money and suitability for Indian driving conditions.

Dr Singhania said, "The ICOTY and IMOTY Awards stand as a testament to the remarkable achievements in India's dynamic automotive landscape. These esteemed accolades celebrate excellence and innovation, reflecting the industry's unwavering commitment to progress. Over the years, the Indian automotive sector has demonstrated remarkable strides, solidifying its position as a global leader. At JK Tyre, we are proud to contribute to this legacy and recognize the dedication and ingenuity that drive this industry forward.”

Behl said, “The 20th edition of ICOTY is certainly a memorable one. ICOTY, the Green Car Award by ICOTY and the Premium Car Award by ICOTY are, far and away, the most coveted awards in the Indian automotive industry. Over the past two decades, ICOTY has set itself apart as being the most credible and respected awards in the industry. The 21-member ICOTY jury has a cumulative experience of 408 years, and it’s an absolute honour for me to be Chairman of such an illustrious jury. I’d like to congratulate all the winners for bringing cutting edge technology and design to our roads in their respective segments.”

Ware said, “The 18th edition of IMOTY saw competition as tough as it's ever been. The finalists were some of the best machines India has ever seen, their capabilities ranging across the wide spectrum bookended by performance and innovation and everything in between that a motorcycle must possess. However, there can only be one winner, and the Aprilia RS 457 is a deserving one for the special feelings it brings to Indian riders. A big thanks to my fellow jury members for making my first time out as IMOTY chairman as smooth as possible. And an equally big thanks to JK Tyre for supporting IMOTY since its inception. One more fantastic motorcycle joins the ranks of IMOTY winners!”

Nalinikanth Gollagunta, CEO – Automotive Sector, M&M Ltd, said, “We would like to thank the esteemed ICOTY 2025 jury for honouring the Mahindra Thar ROXX with this coveted award. This recognition reaffirms the global benchmarks of design, engineering and manufacturing excellence we have pursued. The Thar ROXX represents a passion for charting new adventures – an ethos that resonates with enthusiasts everywhere. We remain deeply grateful to our customers, whose love and trust continue to fuel our commitment to deliver unforgettable driving experiences.”

Diego Graffi, MD and CEO, Piaggio Vehicles Private Limited, said, “In a year graced by exceptional motorcycles, the Aprilia RS457 has emerged as a true standout. The IMOTY 2025 jury has bestowed upon the Aprilia RS457 the title of 'Indian Motorcycle of the Year’, a resounding affirmation of its unwavering commitment to speed, agility and Italian design. We are immensely proud to witness the Aprilia RS457 receive this well-deserved accolade. This recognition serves as a powerful testament to the dedication and passion exhibited by our team in crafting a motorcycle that truly embodies the spirit of Aprilia – speed, agility and Italian design.”

Santosh Iyer, MD & CEO, Mercedes-Benz India, said, “The Long Wheelbase E-Class remains the most desirable luxury sedan for the discerning Indian luxury car customer. Highly advanced and personal than ever before, the Long Wheelbase E-Class is an unmatched combination of luxury, sheer comfort, ground-breaking technology, digital intelligence and superior driving dynamics, making it the unanimous choice as India’s most admired luxury sedan. The coveted ICOTY Premium Car of the Year is a firm testament to the Long Wheelbase E-Class’ unparalleled luxury stature in the luxury car market. I dedicate this honour to the entire Mercedes-Benz India team, who made multiple 'India-specific' enhancements to the car, making it highly suitable for the Indian conditions, exceeding even the most demanding customer requirements. The ICOTY Premium Car of the Year honour for the Long Wheelbase E-Class salutes the innovation, pioneering spirit and brand legacy that customers associate Mercedes-Benz with, inspiring us to create superior customer experience."

Rajeev Chaba, CEO Emeritus, JSW MG Motor India, said, "The MG Windsor is the right product at the right time with the right pricing and packaging. It is certainly a disruptor in the segment, redefining consumer perceptions about EVs. The strong sales momentum since its launch highlights the evolving preference of consumers. The MG Windsor ticks all the boxes of their consideration sets, especially the value for money it delivers. The MG Windsor is all the more special to us because it has been successful in debunking myths around higher acquisition cost of EVs through path breaking initiatives such as Battery-As-A-Service and lifetime battery warranty. The interplay of all these factors has helped MG Windsor to emerge as the Green Car of the Year at the coveted ICOTY 2025. I would like to thank all our customers for their unwavering support, the esteemed jury at ICOTY and everyone at JSW MG Motor India who have worked relentlessly to make this achievement possible."

Comments (0)

ADD COMMENT

Link Copied!

MAXAM is set to showcase its advanced agricultural tyre solutions at Agritechnica 2025 in Hannover from 9 to 15 November. Visitors can find the company at Stand A04 in Hall 20, where the exhibition theme ‘More Pull. Less Fuel’ will guide the presentation. This philosophy underscores the company's dedication to developing tyres that enhance operational efficiency and contribute to more sustainable farming practices by reducing fuel consumption and soil compaction. The event provides a significant opportunity for MAXAM to demonstrate its commitment to innovation and the expansion of its product portfolio.

On display will be a range of DLG-awarded tyres, including robust models for high-horsepower tractors and versatile options for specialised implements, illustrating the company's technical breadth. Beyond presenting products, MAXAM considers the trade fair a vital meeting point for industry collaboration. It serves as a platform for direct engagement with farmers, partners and machine manufacturers, whose feedback provides invaluable, real-world insights that directly influence the future direction of product and service development, ensuring they remain precisely aligned with evolving market needs.

As a part of SAILUN Group, one of the 10 largest tyre manufacturers in the world, MAXAM leverages its extensive international presence and collaborative research initiatives to drive continuous innovation. The company is dedicated to advancing agricultural tyre technology, creating sophisticated solutions that directly address the evolving demands of modern farming. This focus encompasses critical areas such as enhanced sustainability, improved cost-efficiency and superior field performance.

Comments (0)

ADD COMMENT

Link Copied!

Radar Tires has expanded its US distribution network with the opening of two new domestic distribution centres in Knoxville, Tennessee, and Parkesburg, Pennsylvania, as part of efforts to strengthen product accessibility and service reliability for its growing customer base.

The expansion increases the brand’s domestic distribution centres from one to three. It aims to improve delivery efficiency and inventory availability across key regions, particularly in the Southeast and Northeast of the United States.

“Stocking domestic tyre inventory is a key part of the Radar strategy going forward,” said Rob Montasser, Vice President of Sales for Radar Tires, USA. “It ensures our distributors and retailers have easy access to the products that their customers need, without the long lead times or supply chain uncertainty. These new locations allow us to be faster, more flexible, and more dependable.”

The company said the additional facilities will reduce delivery times and ensure that its core product range remains readily available to meet rising market demand.

With existing operations in Texas, the addition of centres in Tennessee and Pennsylvania underscores Radar Tires’ long-term strategy to enhance supply chain responsiveness and reinforce its position as one of the most customer-focused distribution networks in the tyre industry.

Comments (0)

ADD COMMENT

Link Copied!

Cabot Corporation reported lower quarterly earnings, as weaker demand in its Reinforcement Materials segment and softer volumes in Performance Chemicals weighed on results. However, the company ended fiscal 2025 with solid cash flow and continued shareholder returns.

For the fourth quarter ended 30 September, Cabot posted net income of USD 43 million, or USD 0.79 per share, compared with USD 137 million, or USD 2.43 per share, in the same period a year earlier.

Full-year diluted earnings per share were USD 6.02, while adjusted earnings per share rose 3 percent year-on-year to USD 7.25.

“I am very pleased with another strong year of Adjusted EPS growth where we achieved USD 7.25, up 3 percent year over year, in a year with a challenging macroeconomic backdrop,” said Sean Keohane, Cabot’s President and Chief Executive Officer. “This performance was driven by higher EBIT in our Performance Chemicals segment, which increased 18 percent year over year, partially offset by EBIT in our Reinforcement Materials segment, which declined 5 percent.”

Cabot’s revenue for the quarter fell to USD 899 million from USD 1.0 billion a year earlier, while full-year sales declined to USD 3.7 billion from USD 4.0 billion.

The Boston-based speciality chemicals manufacturer said fourth-quarter cash flow from operations totalled USD 219 million, enabling USD 64 million in shareholder returns through dividends and share buybacks. For the full fiscal year, Cabot generated USD 665 million in operating cash flow, funding USD 274 million in capital investments, USD 96 million in dividend payments and USD 168 million in share repurchases.

Keohane said the company’s balance sheet remained strong, with a net debt-to-EBITDA ratio of 1.2 times, providing flexibility to invest in growth while continuing to return capital to shareholders.

The company’s Reinforcement Materials segment reported a USD 4 million decline in EBIT from the prior-year quarter, reflecting lower volumes in the Americas and Asia Pacific, partly offset by cost efficiencies. Global volumes fell 5 percent, including a 7 percent drop in the Americas, where lower tyre production by customers was attributed to increased Asian tyre imports.

Performance Chemicals EBIT decreased USD 2 million year-over-year, mainly due to a 5 percent drop in volumes led by weaker demand in Europe, particularly from construction-related applications.

Cabot ended the quarter with  percent 258 million in cash and spent percent 64 million on capital expenditures. The company recorded a 55 percent effective tax rate in the fourth quarter and an operating tax rate of 27 percent for fiscal 2025.

Looking ahead, Keohane cautioned that market conditions remain challenging, particularly in the Reinforcement Materials sector. “We do not yet see signs of improvement in the external environment, particularly as it relates to regional demand trends in Reinforcement Materials due to the impact of elevated Asian tire imports into western regions,” he said.

The company anticipates improvement in Performance Chemicals, led by growth in battery materials and infrastructure-related applications, while maintaining strong cash flow to support investment and shareholder returns.

“While market conditions remain challenging, we continue to execute on our foundation of commercial and operational excellence, and we remain focused on managing costs, strengthening operations, and positioning the company for long-term growth,” Keohane said.

In fiscal 2025, Cabot also announced an agreement to acquire Bridgestone Corporation’s reinforcing carbons plant in Mexico and released its 2024 Sustainability Report, noting it had achieved 11 of its 15 sustainability goals ahead of schedule and established new 2030 targets.

Comments (0)

ADD COMMENT

Link Copied!

The German Rubber Industry Association (wdk) has responded positively to the 'Berlin Declaration’, characterising it as an essential and long-awaited political signal. From the wdk's perspective, the declaration represents a crucial commitment from the ‘Friends of Industry’ to bolster the manufacturing sector, which is fundamental to preserving Germany's industrial core and the multitude of upstream and downstream jobs it sustains. The association's Managing Director, Boris Engelhardt, emphasised that this initiative correctly identifies the urgent need for Europe to recognise and champion industrial value creation.

The wdk finds it particularly significant that the impetus for this declaration originated from a coalition of 17 member states, a fact that underscores a shared political priority independent of the EU Commission's agenda. While the declaration's broad framework allows for various interpretations, the wdk has identified the reduction of bureaucratic burdens as its paramount objective. On this specific point, the association reports being in complete alignment with Federal Minister for Economic Affairs Katherina Reiche. The wdk now asserts that the true measure of the declaration's success will lie in its translation from a political statement into actionable policy, urging the addressed EU institutions to move beyond acknowledgment and proceed with swift and decisive implementation.

Comments (0)

ADD COMMENT

Link Copied!