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Remsons Bags USD 35 Million Order From Stellantis North America
May 15, 2025
As per the understanding, Remsons will supply critical components for Stellantis’ vehicle platforms such as Jeep Wrangler and RAM.
MT Bureau
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Tata AutoComp Inks JV With Katcon Global For Composite Materials In Mexico
May 15, 2025
The JV will focus on lightweight applications for passenger vehicles, commercial vehicles, agricultural tractors, off-road vehicles and specialised non-automotive segments.
MT Bureau
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Sterling Tools Crosses INR 10 Billion Revenue Mark In FY2025
May 14, 2025
On a standalone basis, total income stood at INR 6,516 million, up 6.2 percent YoY and net profit came at INR 429 million, up 10.5 percent YoY, with an EBITDA margin of 14.5 percent.
MT Bureau
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Sterling Tools Partners UK’s Advanced Electric Machines To Make Rare Earth Magnet Free Motors In India
May 14, 2025
It expects that the traction motors market will to grow to around INR 150 billion by 2030.
MT Bureau
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BorgWarner Extends Four EGR Contracts; to Supply eMotor
May 12, 2025
BorgWarner has extended its business with a major North American OEM regarding four EGR system volume contracts. For the supply of eMotor, the automotive supplier has entered into an arrangement with a major, North American-based OEM to supply its 400V SW
MT Bureau
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Motherson Sumi Wiring India Grows Q4FY25 Revenue By 7.1%
May 11, 2025
The company, a leading automotive wiring harness manufacturer, remains a key supplier to nine out of the top 10 highest-selling passenger vehicle models in India for FY25 – a testament to its sustained market leadership and deep OEM partnerships.
MT Bureau