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A Star Is Born!
February 26, 2021
Fiat Chrysler Automobiles and Groupe PSA joined forces on January 16, 2021 to create Stellantis, the fourth largest auto manufacturer in the world, with plans for a “stellar” future.
Louis Rumao
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Auto Component Industry Suffers On All Fronts In H1 20-21
February 26, 2021
The industry recorded a 34 percent fall in revenues in the first half of FY20- 21. However, for the first times, exports exceeded imports in the period. The industry remains cautiously-optimist about near to mid-term future prospects
MT Bureau
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ASDC Signs MoU With Magic Billion For Specialized Overseas Opportunities In Auto Industry
February 26, 2021
Automotive Skill Development Council (ASDC) has signed a Memorandum of Understanding (MoU) with Magic Billion to explore possible future opportunities to impart genuine and specialized overseas opportunities to respective candidates in automotive sector.
MT Bureau
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Continental Realigns Mid-Term Strategy
February 26, 2021
The German Technology major aims at achieving annual organic growth of around five to eight percent on average and EBIT margin between eight and eleven percent in the mid-term.
MT Bureau
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Continental Joins HERE, Leia To Create Natural 3D Automotive Navigation
February 26, 2021
To provide a critical component for a safe and intuitive in-vehicle user experience, Continental, HERE and Leia Inc have partnered to bring three-dimensional Navigation into display solutions for vehicle cockpits. HERE’s 3D depiction of buildings and to
MT Bureau
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ZF Ropes-in Microsoft To Build Digital Manufacturing Platform
February 26, 2021
As digital transformation is reinventing companies, their factories need seamless integration of information and manufacturing operations technology. To support this, ZF, Microsoft and PwC Germany are jointly transforming the ZF Diepholz plant processes i
MT Bureau
