Schaeffler India Q2 revenues grow 13.3% to Rs 2,072 crore
The Pune-headquartered Indian arm of the German Tier-1 major attributes its strong growth to a focused approach to cos...
Tata Elxsi collaborates with Wind River Studio Developer for SDVs
Tata Elxsi collaborates with Wind River Studio Developer for Software-Defined Vehicle Development. This collaboration ...
Budget 2024: It’s status quo for major schemes in auto sector
Budget allocations have remained unchanged for major automobile sector schemes such as PLI for automobiles and compone...
Apollo Tyres awarded for Sustainable Excellence by EcoVadis
Apollo Tyres has significantly reached to the 92nd percentile, up from the 82nd percentile the previous year. Major im...
Bosch to acquire light commercial HVAC business from Johnson Controls and Hitachi for USD 8 billion
The transaction includes 16 manufacturing sites and 12 engineering locations in more than 30 countries.
Budget 2024: EV players await clarity on FAME, EMPS
There is no change in the PLI scheme for Auto and Auto components for FY25.
Budget 2024: Allocation for roads reassures construction equipment makers, but stocks correct
Union Budget kept the allocation for Ministry of Road Transport and Highways' allocation largely unchanged. However, s...
Some good, some bad news for EVs in Budget 2024
While EV batteries are set to get cheaper due to a reduction in custom duties on key minerals, industry participants w...
Budget 2024: Rural development push can boost auto sales
In the budget speech, Finance Minister Nirmala Sitharaman said a provision of Rs 2.66 lakh crore has been made for rur...