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National

Apollo Tyres raises $ 229 million (Rs 1,500 crore)

by Autocar Pro News Desk Oct 12, 2017

The Committee of Directors (Funds Raising) of Apollo Tyres declared the company allotted 63,025,210 equity shares to QIBs at Rs 238 per equity share for raising...

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International

Hanon approves JV with Chinese company for supplying solutions to Changan Automobile

by Autocar Pro News Desk Oct 12, 2017

Changan Automobile is one of the top automotive groups in China that operates a number of vehicle brands and auto part subsidiaries through joint venture...

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International

Autoliv and MIT AgeLab to jointly develop semi-autonomous vehicle prototype

by Autocar Pro News Desk Oct 11, 2017

As per the company announcement, learnings from the research collaboration will likely be used in the development of software from Zenuity, the software joint...

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National

Dhoot Transmission, Carling Technologies set up JV to make electronic switches

by Amit Panday Oct 11, 2017

The JV will cater to demand from the two-wheeler, three-wheeler, commercial vehicle, agriculture and construction equipment business in India and overseas.

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National

Precision Camshafts to acquire Memco Engineering

by Autocar Pro News Desk Oct 11, 2017

The Nashik-based precision machining Memco Engineering is a supplier to German component maker Bosch.

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National

Michelin to double radial capacity at Chennai plant

by Kiran Bajad Oct 10, 2017

Also inks pact with Ashok Leyland for supply of its X Guard range of truck radials for the Captain 3718 M&HCV.