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German autoparts major Brose on the lookout for partners in India

By Shahkar Abidi, Ketan Thakkar 25 Sep 2024

German auto component major Brose India sets sights on strategic expansion through joint ventures and acquisitions, ai...

Skoda Auto Volkswagen India’s FY24 profit slips 69% to Rs 95.66 crore, revenues cross Rs 20,000 crore

By Ketan Thakkar and Shahkar Abidi 24 Sep 2024

A strong double-digit growth of its premium brands such as Audi, Porsche and Lamborghini and growing exports supported...

Samvardhana Motherson concludes capital raise of Rs 6,438 crore via QIP

By Shahkar Abidi 23 Sep 2024

The development comes just weeks after Sona BLW Precision Forgings Ltd. (also called Sona Comstar), a supplier focuse...

Mahindra invests Rs 900 crore in its new Urban Prosper Platform

By Shahkar Abidi and Ketan Thakkar 16 Sep 2024

The automotive giant, which already holds a commanding 40% share in this segment, has invested over Rs 900 crore in th...

New e-bus payment mechanism to bolster private participation in STUs: Switch Mobility's Mahesh Babu

By Shahkar Abidi 12 Sep 2024

“We have been requesting the government to involve private operators, rather than OEMs, in running these buses within ...

Daimler India's AI-driven system revs up spare part sales by 2-3 times

By Shahkar Abidi 11 Sep 2024

Satyakam Arya, Managing Director and CEO of DICV, said this improvement in forecasting accuracy is yielding substantia...

Ashok Leyland targets opening 3-4 vehicle scrappage centres in a year under franchisee model

By Shahkar Abidi and Amit Vijay M 10 Sep 2024

The franchisee will operate under Re.AL initiative.

Ashok Leyland's cautious roadmap to battery manufacturing

By Shahkar Abidi and Amit Vijay M 10 Sep 2024

Only after achieving sufficient proficiency in designing battery packs will the company consider investing in a manufa...

Stumpp Schuele & Somappa Springs signs JV with Japan’s Chuhatsu

By Shahkar Abidi 09 Sep 2024

The initial investment of approximately Rs 25 crore will establish a production line capable of manufacturing 1,00,00...

Auto component makers no longer fearful of EV transition - ACMA

auther Shahkar Abidi 09 Sep 2024

“Five to six years ago, there was a lot of apprehension. Nobody says anything anymore," says DG Vinnie Mehta

German autoparts major Brose on the lookout for partners in India

Skoda Auto Volkswagen India’s FY24 profit slips 69% to Rs 95.66 crore, revenues cross Rs 20,000 crore

Samvardhana Motherson concludes capital raise of Rs 6,438 crore via QIP

Mahindra invests Rs 900 crore in its new Urban Prosper Platform

New e-bus payment mechanism to bolster private participation in STUs: Switch Mobility's Mahesh Babu

Daimler India's AI-driven system revs up spare part sales by 2-3 times

Ashok Leyland targets opening 3-4 vehicle scrappage centres in a year under franchisee model

Ashok Leyland's cautious roadmap to battery manufacturing

Stumpp Schuele & Somappa Springs signs JV with Japan’s Chuhatsu

Auto component makers no longer fearful of EV transition - ACMA

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