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Schaeffler to Cut Nearly 3,500 Jobs, Close Five European Plants: Report

autherAutocar Professional Bureau     calendar03 Nov 2026

The German automotive supplier targets 300 million euros in annual savings amid rising costs and weakening vehicle demand in Europe.

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Minda Corp Targets 80% Localisation of Automotive Displays News
Minda Corp Targets 80% Localisation of Automotive Displays

autherMukul Yudhveer Singh calendar03 Nov 2026

Spark Minda’s new facility near Pune will support domestic display module manufacturing, reduce import dependence and ...

Asahi India Glass Q2 Net Profit Jumps Nearly Threefold to Rs 167 Crore News
Asahi India Glass Q2 Net Profit Jumps Nearly Threefold to Rs 167 Crore

autherDev Vadchhedia calendar03 Nov 2026

Record quarter driven by strong passenger vehicle demand and capacity expansions in Patan and Chennai.

Piaggio Group Showcases New Motorcycle and Scooter Lineup at EICMA 2026 News
Piaggio Group Showcases New Motorcycle and Scooter Lineup at EICMA 2026

autherDev Vadchhedia calendar03 Nov 2026

The Italian manufacturer unveils Moto Guzzi The Trip, track-focused Aprilia superbike, and updated electric Vespa rang...

Norton Unveils 450 Urban Motorcycle at EICMA 2026 News
Norton Unveils 450 Urban Motorcycle at EICMA 2026

autherDev Vadchhedia calendar03 Nov 2026

The TVS Motor-owned British motorcycle brand expands its portfolio into sub-500cc segment as part of ongoing global gr...

3P Investment Acquires 5 Percent Stake in Carraro India News
3P Investment Acquires 5 Percent Stake in Carraro India

autherAutocar Professional Bureau calendar03 Nov 2026

The Investment Fund crosses threshold following open market acquisition of 2 lakh equity shares.

Subros Posts 10 Percent Rise in Q2 Net Profit to Rs 45 Crore News
Subros Posts 10 Percent Rise in Q2 Net Profit to Rs 45 Crore

autherDev Vadchhedia calendar03 Nov 2026

The automotive thermal systems manufacturer sees revenue grow 36 percent alongside higher raw material expenses.

Energy Delivered, Not Charger Counts, Key to EV Adoption: ChargeZone Video
Energy Delivered, Not Charger Counts, Key to EV Adoption: ChargeZone

autherMukul Yudhveer Singh calendar03 Nov 2026

At the Autocar Professional India EV Conclave 2026, ChargeZone Co-Founder Ravindra Mohan highlighted the importance of...

Tata Motors Eyes Non-Automotive Power Growth Through Iveco Powertrain Unit News
Tata Motors Eyes Non-Automotive Power Growth Through Iveco Powertrain Unit

autherShahkar Abidi calendar03 Nov 2026

Acquisition of FPT Industrial opens entries into data center backup power, marine, and non-heavy vehicle markets acros...

Tata Motors, Iveco Union Creates €21 Billion Commercial Vehicle Powerhouse News
Tata Motors, Iveco Union Creates €21 Billion Commercial Vehicle Powerhouse

autherShahkar Abidi calendar03 Nov 2026

The combined enterprise hits €21 billion in Year 1 revenue with 590,000 annual vehicle sales across 130 countries.