Motherson Sumi Systems acquires Finland’s PKC Group for Euro 571 million

Motherson Sumi Systems Ltd (MSSL) has acquired Finland based global auto component major PKC Group Plc for approximately Euro 571 million (Rs 4026 crore approx.)., a move that will help the Vivek Chaand Sehgal led ...

ACMA Study on Indian Automotive Aftermarket: The Road Ahead

The Indian automotive aftermarket stood at Rs 56,098 crore (USD 8.4 billion) in 2016-17 with a total vehicle parc of 228.7 million across the country. The Indian automotive aftermarket is expected to reach Rs. 75,70...

Yamaha organises Annual Suppliers Conference-2017

India Yamaha Motor Private Limited (IYM) recently organised the Annual Suppliers Conference at Greater Noida (Delhi-NCR). The conference was attended by 500 members representing more than 200 suppliers from across I...

ZF inaugurates first Technology Centre in India

ZF Friedrichshafen AG, a global leader in driveline and chassis technology as well as active and passive safety technology, has inaugurated its first Technology Centre in India in Hyderabad, Telangana.

BASF Catalysts doubles production capacity in India

BASF Catalysts India Private Limited has inaugurated its new mobile emissions catalysts manufacturing site. The site includes a new 47,000-square-meter production plant, which replaces an existing BASF plant in Chen...

Sub assembly system for spares keeps Ford customers happy

Buying a vehicle is not the real tough part. Maintaining a vehicle is what could turn out to be a nightmare. Unavailability of spare parts, terrible service standards or exorbitantly priced spares can result in unto...

Sundaram-Clayton plans to invest Rs 750 cr in India, US

Sundaram-Clayton Limited (SCL) is planning to invest Rs 400cr over 3 years to expand its facilities in India. This will increase its capacity from 60,000 MT to 70,000 MT. SCL has 4 manufacturing plants situated in ...

Gestamp Rs 260 crore investment in first hot stamping plant in India

Gestamp, a Spanish multinational company specialised in the design, development and manufacture of metal components for the automotive industry, has launched a new plant specialised in hot stamping in Pune (India). ...

GP Petroleums launches first Repsol diesel engine oil in India

GP Petroleums Ltd, a leading lubricant maker and part of UAE-based Gulf Petrochem Group, has launched the Spanish oil major Repsol’s diesel engine oil for the first time in India, as per its exclusive licence agreem...

Mercedes-Benz India associates with Continental Tyres

Mercedes-Benz India has announced its association with Continental Tyres to offer a range of ‘Mercedes-Benz Approved Tyres’. The association with Continental Tyres is pivotal in introducing the range of high perform...