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SIAM lauds Union Budget scheme to promote EVs, hybrids

autherAutocar Professional Bureau     calendar28 Feb 2015

Apex industry body, the Society of Indian Automobile Manufacturers (SIAM) has welcome finance minister Arun Jaitley’s proposal to promote the use and manufacture of electric vehicles and hybrids.

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Taiwan’s NJK Oil Seal Corp scouts for JV partner for Indian plant

By Jaishankar Jayaramiah calendar28 Feb 2015

Taiwan-based automotive oil seal maker NJK Oil Seal Corp is looking for a joint venture partner to set up a manufactur...

Freudenberg’s aftermarket arm Corteco to expand India biz

By Jaishankar Jayaramiah calendar28 Feb 2015

Germany-based auto component supplier Freudenberg’s aftermarket arm Corteco has chalked out plans to expand its busine...

UK’s Intuitech Tool looks to grow its India turnover three-fold

By Jaishankar Jayaramiah calendar28 Feb 2015

Intuitech Tool Co (ITC), a UK-based automobile service tool and equipment manufacturer, says it plans to increase its ...

Italy’s Tecnomotor to enter India with diagnostic solutions, plans local subsidiary

By Jaishankar Jayaramiah calendar28 Feb 2015

Tecnomotor, part of the $ 200 million Italy-based diagnostic test equipment and automotive tool maker Nexion, is to se...

REN International bullish about aftermarket exports

By Amit Panday calendar28 Feb 2015

REN International, a 10-year-old company which manufactures and supplies automotive replacement fasteners to various e...

Budget 2015-16: No big bang proposals but a strong focus on infrastructure

autherAutocar Professional Bureau calendar28 Feb 2015

Finance minister Arun Jaitley’s much-awaited Union Budget 2015-16 has no big-bang announcements

Exclusive: Hero Electric develops high-speed electric bike

By Amit Panday calendar28 Feb 2015

India’s leading electric two- and three-wheeler manufacturer, Hero Electric, has designed and developed a hi-speed ele...

Exclusive: Hella India Lighting mulls foray into 2W OEM lighting business

By Amit Panday calendar28 Feb 2015

Hella India Lighting, the Indian automotive lighting arm of the German Hella Group, is planning to foray into the two-...

Valeo posts 9 percent sales growth to 12.7 billion euros in 2014

autherAutocar Professional Bureau calendar27 Feb 2015

French component manufacturer has revealed its 2014 financial numbers. It has registered a 9 percent increase in sales...