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Mercedes-Benz India Announces Two-Stage Price Hike Amid Forex Pressure
May 09, 2025
The first increase, ranging from INR 90,000 for the C-Class to INR 1.2 million for the Mercedes-Maybach S 680, will be implemented in June.
MT Bureau
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CNH Unveils 2030 Roadmap with $550M in Cost Cuts and Margin Expansion Goals
May 09, 2025
The company’s new roadmap includes ambitious targets such as achieving a 16–17 percent mid-cycle adjusted EBIT margin in agriculture by 2030 and delivering over USD 550 million in operational and quality cost improvements.
MT Bureau
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Hindustan Zinc Showcases Tech Advancements Ahead Of National Technology Day
May 09, 2025
Partnering with start-up Infinite Uptime, Hindustan Zinc has installed over 1,000 AI-powered sensors across its operations, reducing unplanned downtime by nearly 500 hours.
MT Bureau
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BorgWarner Bags Two Orders For Dual-Clutch Programs in China
May 09, 2025
The two new business orders are from a Chinese transmission manufacturer and an extension from a German OEM in China.
MT Bureau
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Tata Motors Launches Vehicle Scrapping Facility in Kolkata, Expands National Footprint
May 08, 2025
The Kolkata RVSF, capable of scrapping passenger and commercial vehicles as well as two-wheelers and three-wheelers from all brands, is Tata Motors' third such centre in eastern India.
MT Bureau
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Bosch Reports Dip in 2024 Revenue, Focuses on Growth Through Strategy 2030
May 08, 2025
The company has also announced EUR 250 million investment in startups via Bosch Ventures and plans to double its Scope 3 emissions reduction target to 30 percent by 2030.
MT Bureau