Tata Opportunities Fund (TOF), the flagship private equity fund of Tata Capital, is investing Rs 300 Crore (USD 50 million) in Varroc Engineering Private Limited, the holding company of the Varroc Group, according t...
International automotive supplier Continental has taken over full ownership of its former joint venture, Zytek Automotive. The ownership comes into effect from February 3, 2014. Zytek is based in Fradley in the Unit...
General Motors CEO Mary Barra testified before the Senate Subcommittee on Consumer Protection, Product Safety and Insurance in the United States, investigating the GM ignition switch recall. “The issues raised in t...
Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Daimler India Commercial Vehicles Pvt. Ltd. (DICV), have made important personnel changes in their Board of Management, according to a press release. Since Augus...
Having cut off all links with the Hero group, Honda seems to be on a path of rapid growth in sales. Recording its most successful year in India, Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) closed the financial...
Global powertrain supplier BorgWarner finalised its acquisition of Gustav Wahler GmbH & Co. KG. Wahler produces exhaust gas recirculation (EGR) valves and tubes as well as engine thermostats for both on- and off-roa...
We have taken initiative into cost reduction through waste elimination, productivity improvement and optimum utilisation of resources. We have made a work culture where Kaizen, TPM and reduce cost of quality is the ...
Thanks to the use of organic light emitting diodes (OLEDs) in vehicles, it will not last very long before a whole treasure trove of exciting new ideas will be unleashed on the world of lighting design. Global lighti...
ZF Friedrichshafen AG has announced to stop making 6 speed automatic transmissions at the Saarbrücken plant in Germany after producing 70,50,232 units in a span of 13 years. According to a company statement, the l...
Excerpts of an exclusive interview with Toshihiko Sano, CEO and MD, Renault Nissan Automotive India Pvt. Ltd.
BMW Group India is accelerating its network expansion in the Delhi NCR region with the opening of Bird Automotive’s third showroom in Gurugram. Situated at Trilium Avenue, Sector 29, Gurugram Haryana,...
Following to the launch of the Tesla Center in Gurugram, Tesla has now announced the opening of its first Tesla charging station in Gurugram at DLF Horizon Center.
Dylect, one of India’s fastest-growing lifestyle tech brands, has announced the launch of Flow Prime, a powerful yet compact pressure washer designed to bring professional-grade cleaning into everyday...