No Indian auto maker has implemented JIT end-to-end in supply chain

Vector Consulting Group, India's fastest-growing management consulting company, unveils an in-depth research-based report on the Indian auto manufacturing industry.

ZF rebrands its passive safety systems division to ZF Lifetec

ZF Group has announced the rebranding of its Passive Safety Systems division to “ZF LIFETEC”. The new branding is part of the current legal separation of the Passive Safety Systems division within the ZF Group.

BYD rolls off 7 millionth New Energy Vehicle

On March 25th, BYD, the world's leading manufacturer of new energy vehicles and power batteries, became the world's first automaker to roll off its 7 millionth new energy vehicle, the Denza N7, symbolizing another g...

iVOOMi rebrands as “iVOOMi co-powered by Intex”

iVOOMi, a leading electric two-wheeler manufacturer, announced its rebranding as “iVOOMi co-powered by Intex”. With a purpose of going highly ambitious with much larger goals to achieve ahead, the company declared t...

Revent Precision sets up new facility in partnership with ECS Mobility

Revent Precision Engineering, in collaboration with ECS Mobility, has announced the establishment of a new state-of-the-art manufacturing facility in Dharuhera, Haryana.

Maruti Suzuki Arena celebrates with launch of ’Arena Journeys’

Celebrating the women who are breaking barriers nationwide, Maruti Suzuki India Limited has launched its new digital campaign ‘Arena Journeys’ under the Maruti Suzuki Arena brand

Significant lack of female representation, says CEO of Oben Electric

On International Women’s Day 2024, Madhumita Agrawal, Founder and CEO of Oben Electric noted that the Indian auto industry faces a critical challenge: a significant lack of female representation, particularly in lea...

Zypp Electric plans to empower 2000 women riders

In celebration of International Women's Day, Zypp Electric, India's leading tech-enabled EV-as-a-service platform, announced a pioneering initiative to empower women within the green mobility sector.

Asiabrake 2024 explores latest advancements, trends in brake systems engineering

Asiabrake 2024, the 10th Annual Conference & Exhibition has brought together industry leaders, experts, and enthusiasts to explore the latest advancements and trends in brake systems engineering.

XLRI Delhi-NCR to set up India’s first dedicated school of automobile design, management

Driven by a strong post-pandemic revival, evolving consumer tastes and need for sustainable mobility solutions, India's automotive sector is poised for its next phase of growth. A critical component will be the capa...

Ajay Shanker is Ultraviolette CFO; Company partners with Mantra Academy

Ultraviolette Automotive, an electric two wheeler manufacturer, has appointed Ajay Shanker as its Chief Financial Officer (CFO). Ajay comes with a rich background spanning over 25 years in pivotal financial roles at...

BorgWarner strengthens emotor business with XPeng

BorgWarner has begun eMotor rotor and stator production for XPeng Motors, a leading Chinese Smart EV company. The product will be used on the X9 MPV as well as XPeng’s next electric B-class sedan, with start of prod...

Omega Seiki, Attero plan to recycle over 100 MWh of battery in next 3-4 years

In a landmark move for both the electric vehicle (EV) sector and e-waste management, Omega Seiki Private Limited (OSPL), a prominent figure in the electric vehicle industry, and Attero, a distinguished leader in e-w...

Prime Minister reviews India's first indigenous alkaline electrolyser by BPCL

Bharat Petroleum Corporation Limited (BPCL), a leading player in the energy sector, marked a significant milestone at the India Energy Week 2024 in Goa. Prime Minister Narendra Modi reviewed the operation of the fir...

JK Tyre showcases future-ready products at Bharat Mobility Global Expo 2024

Indian Tyre Industry major, JK Tyre& Industries showcased its wide range of advanced products, backed by technological excellence at India’s first Bharat Mobility Global Expo 2024.

ASDC advocates skilling for EV industry at Bharat Mobility Global Expo -2024

Automotive Skill Development Council (ASDC), operating under the Ministry of Skill Development and Entrepreneurship, made a remarkable presence at India's inaugural Bharat Mobility Global Expo – 2024.

Beginning of golden period for mobility sector, says PM

“India is on the move and is moving fast”, said Prime Minister Narendra Modi while addressing a programme at India’s largest and first-of-its-kind mobility exhibition - Bharat Mobility Global Expo 2024 at Bharat Man...

5th edition of ACMA Automechanika New Delhi show begins in Capital

The 5th edition of ACMA Automechanika New Delhi 2024 has raised its curtain at Pragati Maidan, New Delhi. The show began with a renewed enthusiasm from the industry and is pleased to welcome 500+ exhibitors from Ind...

TVS Eurogrip displays future-ready products a Bharat Mobility Global Expo 2024

TVS Eurogrip, one of India’s leading manufacturers & exporters of two-wheeler, three-wheeler and Off-Highway Tyres, exhibited their flagship products in the two-wheeler & off-highway segments at the Bharat Mobility...

Honda India Group of Companies showcase technological excellence

Honda’s group of companies in India, comprising Honda Motorcycle & Scooter India (HMSI),Honda Power Pack Energy India (HEID), Honda Cars India Limited (HCIL)& HIPP (Honda India Power Products) is participating in th...

Big thrust on strengthening  EV ecosystem in Interim Budget 2024-25

Business leaders in the automotive space hailed the Interim Budget 2024-25 presented by Finance Minister Nirmala Sitharaman for its clear focus on strengthening the electric vehicle ecosystem at large.

Maruti Suzuki Fronx SUV clocks fastest 1 lakh sales

Maruti Suzuki Fronx SUV from Nexa has become India’s fastest passenger vehicle to achieve 1 lakh sales milestone since launch, in just 10 months, setting a new industry benchmark. The Fronx was unveiled globally at ...

The new Hyundai Creta, an epitome of ‘Manufacturing Excellence’

Hyundai Motor India Limited (HMIL) released a behind-the-scenes glimpse into manufacturing of the new Hyundai Creta at its state-of-the-art production facility in Sriperumbudur, Tamil Nadu.

GreenLine Mobility, Netradyne tie up to enhance fleet, driver safety

Netradyne, a provider of AI technology for fleet and driver safety, has announced its collaboration with GreenLine Mobility Solutions, India's premier LNG-powered heavy trucking logistics company.

Altair collaborates with Indian Institute of Technology Madras on EV tech

Altair, a global leader in computational science and artificial intelligence (AI), announced its collaboration with the Indian Institute of Technology (IIT) Madras to establish an eMobility simulation lab on the ins...

LMG Manufacturing GmbH inaugurates i-Force plant in Hoym, Germany

The aluminum die-casting specialist LMG Manufacturing inaugurated its new production hall in Hoym/Seeland after just ten months of construction.

Tata Passenger Electric Mobility commences production at new facility in Sanand

Tata Passenger Electric Mobility Ltd. (TPEM), a subsidiary of Tata Motors, announced the start of production of passenger vehicles from its new factory in Sanand, Gujarat. This event marks a significant milestone fo...

Hyundai Motor India commits additional Rs 6180 Crore for Tamil Nadu

Hyundai Motor India Limited (HMIL), announced Rs 6 180 crore investment plans in the state of Tamil Nadu (this includes Rs 180 crore towards a dedicated ‘Hydrogen Valley Innovation Hub,’ in association with IIT- Mad...

BYD Concludes 2023 with record 3 million annual sales

BYD has concluded 2023 with record-breaking sales volume, which surpasses the 3 million annual sales target and becomes the global new energy vehicle (NEV) sales champion, for the second year in a row. This year als...

5th edition of ACMA Automechanika New Delhi gets bigger, better

The three-day 5th edition of ACMA Automechanika New Delhi is scheduled to hit the ground from February 1 to 3, 2024 at Pragati Maidan, New Delhi bringing together 500+ exhibitors from 12 countries.

Gwanggu Lee is new Managing Director and CEO of Kia India

Kia India has announced the appointment of Gwanggu Lee as the new Managing Director and CEO, effective immediately. He will be the 3rd Managing Director and CEO of Kia India, succeeding Kook Hyun Shim and Tae Jin Pa...

Tata Passenger Electric Mobility inaugurates exclusive TATA.ev stores

Tata Passenger Electric Mobility (TPEM), a subsidiary of Tata Motors launched its Tata.ev stores, catering solely to EV customers, in the prominent auto hubs of Sector 14 and Sohna Road, Gurugram. These stores will ...

Indian auto component industry grows 12.6pc to Rs. 2.98 lakh crore

Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s Auto Component manufacturing industry announced the findings of its Industry Performance Review for the first half o...

Continental, Synopsys provide vehicle digital twin capabilities

Continental announced a collaboration with Synopsys to accelerate the development and validation of software features and applications for the Software-Defined Vehicle (SDV).

Aditya Jairaj is new CEO & MD of Stellanits India

Stellantis India announced the appointment of Aditya Jairaj as CEO and Managing Director with effect from Jan 01, 2024. Aditya currently Deputy Managing Director, Stellantis India and Head – Jeep India, will succeed...

 Fujitsu optimises installation of EV charging infrastructure in India

Fujitsu has announced the launch of pilot modeling activities to optimise the installation of electric vehicle (EV) charging infrastructure in India. The initiative leverages Fujitsu’s Fleet Optimisation solution, w...

India should avoid going the US way and slow down buying of SUVs

India a country with one of the highest fatal road accidents should avoid going the United States (US) way of going in for more for Sports Utility Vehicles (SUVs) as they make the roads less safe for other small c...

BYD rolls off 6 millionth new energy vehicle

BYD, the world's leading manufacturer of new energy vehicles and power batteries, achieved a historic milestone as its 6 millionth new energy vehicle rolled off the production line. This momentous occasion, marking ...

Luxury Ride expands inventory of luxurious cars to 75+ this festive season

As festive season is one of the most crucial times for marketers, Luxury Ride, a one-stop destination for the most opulent range of pre-owned luxury cars, has expanded its inventory size to 75+ for pre-owned luxury ...

Christopher Marsh to head Surface Solutions Business in Continental India

Christopher Marsh took charge as the head of the Surface Solutions business and the Pune Plant in India on October 01, 2023. He succeeds Landry Tchapda who now at the end of his assignment has been assigned another ...

Royal Enfield introduces assured buyback programme for motorcycles

Royal Enfield, global leader in the mid-size (250cc-750cc) motorcycle segment, announced the launch of an innovative and first-of-its-kind programme in the motorcycle industry - the Assured Buyback Programme with OT...

Honda, Mitsubishi Corporation, sign MoU to explore new businesses in EV age

Honda Motor Co and Mitsubishi Corporation (MC) have announced the signing of a memorandum of understanding (MoU) to begin discussions toward the creation of new businesses with an aim of leveraging the strengths of ...

Post subsidy cut, e2W growth to slow to 25pc in current fiscal, says Crisil

After almost trebling to 7.3 lakh units last fiscal, volume growth of electric two-wheelers (e2Ws) is set to slow to 25% this fiscal following the recent reduction of subsidy under the FAME-II scheme and consequent ...

Indian automotive industry could reach $1 trillion by 2035: Arthur D. Little Report

India's automotive industry can become a global hub for design, development, and production, appealing to international mark. The Indian automotive industry can drive investments and collaboration, paving the way fo...

Domestic market for PVs with ADAS to cross $1 b by fiscal 2028: Crisil

According to a Crisil Market Intelligence & Analytics report, the domestic market for passenger vehicles with ADAS or Advanced Driver Assistance System s will cross US 1 billion by financial year 2028.

Automechanika Dubai 2023 sees huge India auto component indy participation

The Automotive Component Manufacturers Association (ACMA), the apex body of the Indian auto component industry, together with Engineering Exports Promotion Council of India (EEPC India) organised participation of it...

Maruti Suzuki Grand Vitara clocks fastest 1 lakh unit sales in mid-SUV segment

Maruti Suzuki Grand Vitara rings in its first anniversary with a remarkable milestone of fastest 1 lakh sales in the Mid-SUV segment in less than a year. This achievement is a testament to Grand Vitara's astounding ...

Premium electric motorcycle startup Raptee raises $3 million

Premium electric motorcycle startup, Raptee has raised $3 Million in a Pre Series A round led by deep-tech VC fund Bluehill Capital

Manav Kapur of Steelbird takes charge as Chairperson of ACMA-YBLF

Manav Kapur, Executive Director, Steelbird International, India’s leading automotive components company, has taken charge as chairperson of ACMA-YBLF.

Shradha Suri Marwah is President, Vikrampati Singhania, VP, ACMA

The Automotive Component Manufacturers Association (ACMA), the apex body of the Indian auto component industry, announced the appointment of Shradha Suri Marwah, Chairperson & Managing Director, Subros Limited as Pr...

Tata Passenger Electric Mobility introduces new brand identity TATA.ev

Tata Passenger Electric Mobility, a subsidiary of Tata Motors has launched its new brand identity, TATA.ev, for the EV business. This new identity is aligned to Tata Motors' commitment on sustainability and pioneeri...

Michael Perschke joins Goldstone Technologies Board

Michael Perschke, former Managing Director of Audi India, has been appointed to the Board of Goldstone Technologies (GTL), a pioneering Indian company specialising in business intelligence, data analytics and EV Tec...

Indian Govt launches Bharat NCAP (New Car Assessment Programme)

Union Minister of Road Transport and Highways Nitin Gadkari launched the Bharat New Car Assessment Programme (Bharat NCAP) in New Delhi aiming to enhance road safety by elevating vehicle safety standards for up to 3...

Urban-X by Mini introduced in India

Mini India announced the launch of Urban-X by Mini in India. Urban-X supports Indian urban tech startups for the first time under the global Mini Impact Program.

Wardwizard leaps ahead in the EV Ancillary Cluster Vision

Wardwizard Innovations and Mobility Ltd., a pioneering electric vehicle manufacturer in India under the brand 'Joy e-bike', has taken a progressive step in the vision of establishing its EV Ancillary Cluster by sign...

BYD India celebrates 10th year anniversary of EV journey

BYD India, a subsidiary of the world's leading New Energy Vehicles (NEV) manufacturer BYD, celebrated its 10th year anniversary in the Electric Vehicle (EV) segment in India, a significant milestone of its 16+ years...

Gogoro, Swiggy announce electric vehicle partnership in India

Gogoro Inc, a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities, announced a vehicle partnership with Swiggy, India’s leading on-demand convenience deliver...

Hyundai Motor India signs purchase  agreement at GM India Talegaon Plant

Hyundai Motor India Limited (HMIL) has signed an Asset Purchase Agreement (APA) for the acquisition and assignment of identified assets related to General Motors India (GMI)’s Talegaon Plant in Maharashtra.

Maruti Suzuki True Value celebrates milestone of 50 lakh pre-owned car sales

Maruti Suzuki True Value has achieved a landmark milestone of selling 50 lakh pre-owned cars. Introduced in 2001, it has been a one-stop destination to buy and sell quality pre-owned cars. The hassle-free purchase a...

Government to continue FAME subsidy

The government is continuing with the FAME subsidy to bridge the price difference in EV

S&P Global Mobility India forecasts growth amidst snarled infrastructure

While the Indian automotive industry is poised to continue its growth trend in the future, it will be challenged by infrastructure hurdles, particularly within cities. Urban centers are India’s growth engines; howev...

SIAM launches road safety, awareness programme for school children

The Society of Indian Automobile Manufacturers (SIAM), the apex body of the automobile industry, has launched the "Road Safety Education & Awareness Programme" exclusively designed for school students across the cou...

SIAM seminar on circular economy through EPR

In order to drive circular economy, the Society of Indian Automobile Manufacturers (SIAM), the apex automotive industry body, organised a seminar on 'Achieving Circularity in the Automotive Industry through Extended...

SMEV proposes a compromise solution to FAME subsidy payments issue

The SMEV has indicated reaching a possible breakthrough on the vexatious issue of subsidy payments that created a crisis in the EV industry and a log jam with the MHI.

iGowise Mobility offers holistic M-PaaS platform to EV companies

iGowise Mobility (iGo), a leading deep-tech smart-mobility startup based in Bengaluru, has announced its initiative to transform the electric vehicle (EV) industry by providing a comprehensive holistic offering for ...

Seven automakers unite to create charging network across North America

Seven of the world’s leading automakers – BMW Group, General Motors, Honda, Hyundai, Kia, Mercedes-Benz Group, Stellantis NV – are creating a joint venture to accelerate the transition to electric vehicles in North ...

Valeo inaugurates new assembly line for ultrasonic sensors in Sanand

Valeo, the global automotive technology provider, has set-up a second line in Sanand, Gujarat, to manufacture Ultrasonic Sensors in India.

Saffron clad chief evangelist may bring succour to Indian electric 2W industry

The electric two wheeler industry in India is in disarray and in order to bring in a semblance of order, it has wrapped itself in saffron, or so it seems, for the time being, hoping to extricate itself from a sticky...

Indian Automobile Industry valued at $ 108 Billion in 2022-23: Primus Partners

Primus Partners Pvt. Ltd. (Primus), a pioneer in the realm of management consulting services reported that the automobile industry registered an astounding employment figure of over 1.9 crore++ occupying paramount i...

ReadyAssist, Okaya EV partner to provide full stack after sales support

ReadyAssist and Okaya EV have announced their strategic partnership to provide a full stack after sale service and emergency assistance to Okaya’s B2B and B2C customers. Okaya EV is an EV 2-wheeler manufacturer and ...

JLR harnesses the power of AI to protect and strengthen supply chain

JLR has announced a new collaboration with Everstream Analytics, the industry-leading supply chain mapping and risk analytics experts, which will embed AI into JLR’s supply chain management.

EV Startup Quantum Energy increases footprint in Telangana

Quantum Energy, a leading electric vehicle (EV) company specialising in the design, development, and manufacturing of electric scooters, has increased its footprint in Hyderabad with the opening of its 3rd outlet in...

SMEV asks for contingency support from Ministry of Commerce and Industry

Society of Manufacturers of Electric Vehicles (SMEV), the registered association representing Indian manufacturers of electric vehicles , has in its latest communication reached out to the Minister of Commerce and I...

DriveX with Rs 12–14 crore turnover in FY23 aims 10X YOY growth

In an interview with Motown India’s Roy P Tharyan, the Co-founder & CTO, DriveX, Christopher Sargunam, talks about his company’s short journey since its initial investment from TVS. DriveX has also been co founded b...

Japan’s Musashi Seimitsu Industries announces E-mobility foray in India

Musashi India, a 100% owned subsidiary of Musashi Seimitsu Industries, Japan and a leading manufacturer of two-wheeler and four-wheeler transmission components in India, has announced its foray in the E-mobility spa...

SMEV petitions NGT to support Green Tax on ICE 2 wheelers

The Society of Manufacturers of Electric Vehicles (SMEV), the registered association representing Indian manufacturers of electric vehicles, has petitioned the National Green Tribunal (NGT) expressing concerns that ...

EV battery manufacturing to drive demand for 2,400 acres of land by 2030:CBRE

CBRE South Asia Pvt. Ltd., India’s leading real estate consulting firm, has announced the findings of its report, ‘Electric Vehicles in India – New Wheels on the Roads’. The report focuses on the real estate strateg...

Simple Energy starts deliveries of Simple One electric scooter

Simple Energy, India's leading electric vehicle and clean energy start-up, commenced deliveries of its revolutionary product, the Super EV - Simple One.

2 wheeler sales grow 9.32pc YOY in May 2023: FADA

The Vehicle Retail Data for May’23 released by the Federation of Automobile Dealers Associations (FADA) clearly demonstrates that the two wheeler industry has shown a positive growth.

Retail auto sales records 10pc growth YOY, reveals FADA May 2023 data

Overall, the Indian automobile market has witnessed a resurgence across the various segments for the month of May 2023. This was revealed in the retail sales figures announced by the Federation of Automobile Dealers...

Electric two wheeler industry besieged with woes of a strange kind

Usually every industry has a body that represents the genuine grievances, fears and wishes of companies it represents. The Society of Indian Automobile Manufacturers (SIAM) represents OEMs (vehicle manufacturers) op...

Skoda Auto Volkswagen India launches student car project in India

Skoda Auto Volkswagen India Private Limited (SAVWIPL), which manages the Indian region of five Volkswagen Group brands – Skoda, Volkswagen, Audi, Porsche, and Lamborghini, has announced its first-ever student car pr...

Metalverse, India’s first DIY motorcycle accessories production company

Bandidos Group, South India's leading retailer of mid-range and premium motorcycle accessories, has launched its own manufacturing unit with first-of-its-kind technologies in India's motorcycle accessories industry.

Mobec successfully raises $1 mn during ongoing seed fundraise

Mooting the idea of providing mobile-tech charging for passenger electric vehicles, anytime and anywhere, Mobec Innovations Pvt Ltd, India’s first full-stack M-CAAS (Mobile-Charging as a Service) green company, has ...

JLR to invest 15 billion UK pounds over next five years

JLR announced plans to accelerate its transition to become the world’s leading modern luxury car manufacturer revealing its Halewood plant, in the UK, will become an all-electric production facility and its next gen...

Keshub Mahindra, Chairman Emeritus, Mahindra Group passes away at 99

Keshub Mahindra, Chairman Emeritus, Mahindra Group passed away peacefully in the morning of April 12, 2023. The 99-year-old, nonagenarian, was a well-known philanthropist who redefined good corporate governance in I...

Modern Automotives to export differential pinion shafts to BMW AG

Modern Automotives Ltd. has become the first Indian company to achieve approval for deliveries of differential pinion shaft to BMW AG Munich. The order comprises 2.5 million units to be delivered by 2034.

Suzuki Motorcycle India appoints Kenichi Umeda as new Managing Director

Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation (SMC) has announced the appointment of Kenichi Umeda as the new Managing Director of the company. Umeda succeeds Sato...

Al-Abdullah Group invests $50 million in Kabira Mobility

Kabira Mobility, an electric bike manufacturer in India known for its KM3000 and KM4000 models, announced that it has secured a $50 million investment from its strategic investor, Al-Abdulla Group (Qatar) at an undi...

Pinnacle Industries announces EvolutioNARI recruitment drive for women

In a big push towards widening the pool of women workforce in the automotive manufacturing sector, Pinnacle Industries has announced one of the largest women-only recruitment campaigns christened as ‘EvolutioNARI’.

BorgWarner announces Brady Ericson, Chris Gropp  as Phinia senior management

BorgWarner has announced Brady Ericson will serve as President and Chief Executive Officer, and Chris Gropp will serve as Executive Vice President and Chief Financial Officer of the separate, publicly traded company...

Skoda Auto Volkswagen India increases its solar rooftop capacity to 18.5MW

As India targets net zero emissions by 2070 and plans to meet 50 percent of its electricity requirements from renewable energy sources by 2030, Skoda Auto Volkswagen India has taken another significant step towards ...

Kabira Mobility, Al-Abdulla Group to make Rs 300 cr Investment in EV plant

In a joint venture partnership with Al-Abdullah Group, Qatar, Kabira Mobility, the company behind KM3000 and KM4000, India’s fastest and longest riding bikes on road, announced its investment of Rs 300 crore in the ...

Continental Automotive is making Indian 2 wheelers safer, tech savvy

Matthias Matic, Head of Safety and Motion Business Area, Continental Automotive Technologies GmbH, Germany noted, “Globally most of our business comes from four wheelers, but in India a big portion of our business c...

Mercedes-Benz hosts first Sustainability Dialogue in India

Mercedes-Benz hosted the first edition of its Sustainability Dialogue in India. The 2023 edition of the dialogue focused on ‘Sustainable Mobility – Accelerating Towards a Green, Inclusive and Safe Future’ to emphasi...

MG Motor India to upskill over 25,000 students in four years under MG Nurture

MG Motor India signed MOUs with 22 colleges as part of its MG Nurture programme to upskill more than 25,000 students in four years. MG Nurture is an initiative that intends to impart future-ready skills to students ...

Manasi Tata takes over as Vice Chairperson of Toyota Kirloskar Motor

Toyota Kirloskar Motor (TKM) announced that Ms. Manasi Tata will take over as the new Vice Chairperson with immediate effect. Furthermore, Ms. Manasi will also take over as the Vice Chairperson of Toyota Kirloskar A...

59 products launched, unveiled on Day 1 of Auto Expo 2023

On the first media day at the Auto Expo 2023 in Greater Noida, vehicle exhibitors in total launched and unveiled over 59 products, including both global and India premier.

Rosmerta to showcase road safety digital solutions at Auto Expo 2023

Rosmerta, in association with SIAM, is all set to host the most promising awareness initiative on road safety. As a market leader in the mobility solutions, Rosmerta pioneers the innovation led products and solution...

Sona Comstar acquires 54pc stake in sensors, software company Novelic

Sona BLW Precision Forgings Ltd. (Sona Comstar), one of the leading global providers of automotive technology solutions, has signed an agreement to acquire a 54% equity stake in Novelic, a Serbia-based company found...




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