Samvardhana Motherson To Acquire 11% Stake in Isarael’s REE Automotive
Samvardhana Motherson To Acquire 11% Stake in Isarael’s REE Automotive
  • September 16, 2024

At present, REE has garnered traction with OEMs with orderbook of around 600 e-trucks for execution by 2025.

Lumax Auto To Acquire Greenfuel Energy, Will Strengthen Alternate Fuel Portfolio
Lumax Auto To Acquire Greenfuel Energy, Will Strengthen Alternate Fuel Portfolio
  • September 15, 2024

Greenfuel’s business and operations will continue to be managed by Akshay Kashyap and the existing professional management team.

German Auto Industry Facing A Crisis?
German Auto Industry Facing A Crisis?
  • September 14, 2024

The Indian auto industry is ramping up its manufacturing capabilities with Industry 4.0, where robots and cobots are increasingly being deployed. As assembly processes are getting smarter, Atlas Copco finds more business opportunities through its product

Corning Painter Signs CEO Action For Diversity And Inclusion Pledge
PV wholesales sees consolidation, Two-Wheelers Drive Momentum in August
  • September 13, 2024

At 6 units sold, quadricycle sales were down 95 percent YoY.

ZF Lifetec Inaugurates New GCC In Hyderabad
ZF Lifetec Inaugurates New GCC In Hyderabad
  • September 12, 2024

The opening of the Global Capability Center is part of ZF Lifetec’s carve-out from the ZF Group which is expected to be completed by the end-September

Hyundai Motor India Announces 2024 Edition Of Hyundai Spotlight Concerts
Hyundai Motor India Announces 2024 Edition Of Hyundai Spotlight Concerts
  • September 12, 2024

First introduced in 2023, ‘Hyundai Spotlight Concerts’ hosted the event across four cities. The concerts attracted more than 8,500 customers.