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China’s NIO Surpasses 800,000 Vehicle Production Milestone
July 28, 2025
Since the pre-order started on 10 July, the company shared that the L90 has received widespread interest and recognition from users and the market.
MT Bureau
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AIFI and BEE Sign MoU to Advance Energy Efficiency in Forging Sector
July 21, 2025
With a total budget of INR 10 billion, the scheme aims to unlock more than INR 90 billion in overall investments, including INR 67.5 billion specifically set aside for MSME lending. This allocation is expected to reduce the financial burden for forging un
MT Bureau
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Nissan To Shut Oppama Plant In Japan, Shift Production To Kyushu Facility As Part Of Restructuring Plan
July 16, 2025
This move part of the ‘Re:Nissan’ recovery plan aims to reduce its global production capacity from 3.5 million units (excluding China) to 2.5 million units, while maintaining a plant utilisation rate of around 100 percent.
MT Bureau
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Skoda Auto Volkswagen Rolls Out 500,000th Made In India Skoda Car
July 04, 2025
The milestone comes after 24 years since the company introduced the first Skoda Octavia from its Chhatrapati Sambhaji Nagar facility (formerly Aurangabad) in 2001.
MT Bureau
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Shell Lubricants Acquires Raj Petro From Brenntag Group To Further Expand Lubricants Business
July 03, 2025
This initiative, Shell expects to further expand its portfolio and customer base in India, but also enhance its presence in the global markets. India is currently the world’s third-largest lubricant market.
MT Bureau
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SSAB Partners Polmotors To Introduce Fossil-Free Steel Structural Automotive Components
June 27, 2025
The partnership will see Polmotors explore manufacturing components using SSAB’s decarbonised steel.
MT Bureau