ZF rebrands its passive safety systems division to ZF Lifetec

ZF Group has announced the rebranding of its Passive Safety Systems division to “ZF LIFETEC”. The new branding is part of the current legal separation of the Passive Safety Systems division within the ZF Group.

Record year for Lamborghini sales globally; India sees 33pc jump at 92 units

The year 2022 saw Automobili Lamborghini break records with best sales figures ever. The company delivered 9,233 cars worldwide, an increase of 10% over the previous year.

Schaeffler Group inaugurates software technology centre in India

Schaeffler, leading global supplier to the automotive and industrial sectors, is expanding its software and electronics expertise. The company has inaugurated a new centre of competence in software development in Pu...

Grupo Antolin opens Global Design and Business Services office in Pune

Spain based Grupo Antolin, a global supplier of technological solutions for car interiors, inaugurated its new state of the art Global Design and Business Services office in Pune.

Valeo produces 10 millionth front camera system at Wemding site in Germany

Valeo and Mobileye celebrated the production of Valeo’s 10 millionth front camera system containing Mobileye technology, at Valeo's site in Wemding in Germany (Bavaria).

Vitesco Technologies inaugurates new Rs 240 cr Talegaon facility in Pune

Vitesco Technologies India Pvt Ltd, part of the Euros 8.3 billion Vitesco Technologies Group based in Regensburg, Germany and a leading international manufacturer of modern drive technologies and electrification sol...

BHTC inaugurates manufacturing facility and R&D centre in Pune

Behr-Hella Thermocontrol GmbH (BHTC), a global technology leader in the field of Automotive Displays / HMI Solutions and climate control and thermal management, has announced the launch of its state of the art, full...

Skoda Slavia mid-size sedan rolls off production line in Chakan

As part of the India 2.0 project, Skoda Auto India has announced the commencement of production of its premium mid-size sedan, the Skoda Slavia, from its plant in Chakan, Pune in the state of Maharashtra.

Piaggio wins patent infringement suits against Mahindra owned Peugeot Motocycles

The Piaggio group has won the first-instance European patent infringement suits against Peugeot Motocycles in Paris and Milan. Peugeot Motocycles is a 100 per cent subsidiary of Mahindra Two Wheelers, which in turn ...

Mercedes-Benz prepares to go all-electric by 2030

Mercedes-Benz is getting ready to go all electric by the end of the decade, where market conditions allow. Shifting from electric-first to electric-only, the world’s pre-eminent luxury car company is accelerating to...

Stellantis begins its journey with new Board of Directors AUTO INDUSTRY NEWS

Finally and formally two major car companies of the world, Peugeot S.A. (Groupe PSA) of France and Fiat Chrysler Automobiles N.V (FCA) of Italy, have merged and a new entity has emerged, Stellantis. The word Stellan...

Peugeot, Fiat Chrysler reveal logo of Stellantis

Peugeot S.A. ("Groupe PSA") and Fiat Chrysler Automobiles N.V. ("FCA") have revealed the logo of Stellantis, the new group that will result from their 50:50 merger.

STELLANTIS is the new group name post merger of FCA, Groupe PSA

As both Fiat Chrysler Automobiles N.V. and Peugeot S.A. ("Groupe PSA") move towards the completion of their 50:50 merger as defined in the Combination Agreement announced on December 18, 2019, the two companies have...

CK Birla owned NEI acquires Kinex Bearings in Europe

National Engineering Industries Ltd (NEI), part of the USD 2.4 billion diversified CK Birla Group, announced the acquisition of Kinex Bearings through its wholly owned European subsidiary. Kinex Bearings is an inter...

Groupe PSA, FCA to merge into Euros 170 billion auto behemoth

Barely five months after rejecting French auto major Groupe Renault as its bed partner, Fiat Chrysler Automobiles (FCA) has hopped back into the bed with another French automobile major – Groupe Peugeot S.A. Accordi...

FCA submits proposal for merger with Groupe Renault

Fiat Chrysler Automobiles N.V. has delivered a non-binding letter to the Board of Groupe Renault proposing a combination of their respective businesses as a 50/50 merger. Groupe Renault has confirmed receipt of a pr...

Valeo inaugurates a wiper motor manufacturing facility in Chennai

Valeo India, part of the Euros 19.3 billion Valeo group of France, has inaugurated a wiper motor manufacturing facility at Vallam, Chennai. The plant will manufacture rear wiper motors catering to OEMs and the after...

PSA Groupe organises 2019 India Suppliers Summit in Chennai

Groupe PSA further strengthened its commitment for the Indian market by organising a 2019 India Suppliers Summit in Chennai, soon after the Citroën brand launch in India. The summit witnessed participation of more t...

Bosch Two-Wheeler & Powersports Business Unit to benefit from India growth story

After the successful introduction of ABS and motorcycle stability control (MSC) technologies, Bosch has introduced its first advanced rider assistance systems for motorcycles, comprising adaptive cruise control, for...

Bosch India strengthens its smart solutions portfolio beyond mobility

Bosch, a leading supplier of technology and services, is boosting its beyond mobility business with smart solutions based on growing infrastructure and consumer demand.

Purpose-built electric vehicles for mobility on demand, says Roland Berger

The growing demand for ride-sharing services is giving rise to a new category of vehicles. These are cars with a flexible interior that can be individually tailored to the needs of their users. The potential for aut...

Volkswagen Group led by Skoda Auto to invest Rs 7900 crore in India 2.0 project

Global car major Volkswagen will be investing Euros 1 billion (Rs 7900 crore) in India for its India 2.0 project which was announced by the group recently. This money will be used to develop new Skoda models based o...

Precision Camshafts acquires 51% stake in Emoss Mobile Systems B.V.

Precision Camshafts Ltd (PCL) has acquired 51% stake in Dutch electric driveline maker Emoss Mobile Systems B.V through its wholly owned Dutch subsidiary, PCL (International) Holding B.V. This is the third strategic...

Audi plans to sell 800,000 electrified cars in 2025

Audi aims to sell approximately 800,000 fully electric cars and plug-in hybrids in the year 2025. At the Annual General Meeting of AUDI AG held on May 9, 2018, the Board of Management presented the updated “Audi.Vor...

Force Motors, Rolls Royce sign JV agreement for gen sets

Rolls-Royce Power Systems and Pune-based automobile manufacturer Force Motors have signed a joint venture agreement in which Force Motors will hold a 51% and Rolls-Royce Power Systems a 49% stake. The new joint vent...

Autonomous driving, e-cars enjoy widespread global acceptance

Roland Berger's first Automotive Disruption Radar has revealed that there is a widespread global acceptance for autonomous driving and electric cars. Designed to help automotive industry players make investment deci...

Interview with Pietro Gorlier, CEO, Magneti Marelli and Saju Mookken, Country Manager & MD, Magneti Marelli India

Interview with Pietro Gorlier, CEO, Magneti Marelli and Saju Mookken, Country Manager & MD, Magneti Marelli India

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.

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). ...

Motherson Sumi to acquire Finnish company PKC Group for Rs 4160 crore

Leading global auto components major Motherson Sumi Systems Ltd (MSSL) controlled by Vivek Chaand Sehgal has announced plans to acquire PKC Group Plc of Finland for around Euros 571 million (approximately Rs 4160 cr...

Bosch to invest  100 million  Euros (Rs 743 crore) in India plant expansion

The Bosch Group is strengthening its presence in the Indian growth market. “In 2016, we are planning to invest more than 100 million euros (Rs 743 crore approx) in our Indian manufacturing and development locations”...

50,000th BMW rolls out of BMW plant in Chennai

BMW Plant Chennai has rolled out the 50,000th car locally produced in India.The all-new BMW 7 Series received the distinction of being the 50,000th car locally-produced in India. Launched at the Auto Expo 2016, the ...

Bosch and Pagani test driving safety systems of Huayra BC in Arctic Circle

The Pagani Huayra BC boasts 12 cylinders and more than 750 hp. Bosch makes its ABS antilock braking system, the traction control system, and the ESP electronic stability programme. Viewed from the outside, these ele...

Volvo Cars planning €500m (Rs 34,129.9 crore) bond issue

Volvo Cars, the premium car maker, has announced it is seeking to raise Euros 500m (Rs 3798 crore) from a bond issue, its first foray into the global corporate bond markets in its 89 year history. The Swedish compan...

Universal Robots, the Danish robot manufacturer comes to India

Danish Ambassador to India Peter Taksoe-Jensen launched Universal Robots, the Danish robot manufacturer that pioneered collaborative robots, in New Delhi. The collaborative robots range was unveiled in a launch even...

Mahindra acquires a major style statement; To buy Pininfarina

Tech Mahindra Limited, a leading provider of IT, Networks and Engineering solutions and BPO services, and Mahindra & Mahindra have jointly entered into an agreement with Pincar S.r.l., to purchase a controlling stak...

Volkswagen new compact sedan by June 2016;  Rs 720 crore investment

Volkswagen India is investing Rs 720 crore (approx. Euros 85 Million) towards development, setting up new equipment and ramping up the production of a new compact sedan that will be rolled out of the company’s plant...

Another 800,000 VW cars involved in diesel emission irregularities

With regards to the latest notice issued by the United States Environmental Protection Agency (EPA) for violation of the Clean Air Act (CAA) to Volkswagen AG, Audi AG and Volkswagen Group of America, Inc., the Volks...

Volkswagen management decides on reorientation of diesel strategy

After the news of mega emission scam involving Volkswagen cars in the US and elsewhere in the world, comes the news from Germany based Volkswagen Group (http://www.volkswagenag.com) about the reorientation of the di...

Bosch batteries that will make possible long distance travelling

Leading Germany based auto components maker Bosch (www.bosch.com) is researching batteries that will make it possible to drive longer distances without recharging, and will also cost less than current batteries.

Bosch makes urban traffic safer for pedestrians

Bosch researchers have developed an assistance system that intervenes to prevent a collision with a pedestrian. At vehicle speeds up to 50 kmph, the system helps drivers brake and take evasive action. If braking alo...

German Chancellor Merkel, Modi visit Bosch facilities in Bangalore

On October 6, 2015, Indian Prime Minister Narendra Modi and German Federal Chancellor Angela Merkel visited the facilities of Bosch in Bangalore. The visit is part of the chancellor’s three-day state visit to India,...

Magneti Marelli inaugurates 2 new plants in China

Auto components major Magneti Marelli has inaugurated two production sites in China the field of lighting and electronic systems, in two key regions for the Chinese automotive scenario - Xiaogan and Guangzhou. The ...

Record sales for Automobili Lamborghini in 2014

In the fiscal year 2014 Italian super sports car maker Automobili Lamborghini S.p.A. again improved its key financial figures and reached new records in terms of sales and turnover in its history of more than 50 yea...

Bosch completes acquisition of ZF Lenksysteme

On January 30, 2015, the Bosch Group completed the acquisition of ZF Friedrichshafen AG’s 50 pc share in the joint venture ZF Lenksysteme GmbH (ZFLS). The antitrust authorities have approved the acquisition. This me...

Bosch makes Hollywood fiction a reality with new technology

In the 1980s, Hollywood created the action series “Knight Rider”, featuring a speaking and – more importantly – self-driving Pontiac Firebird Trans Am named K.I.T.T. Nearly 30 years later, automated driving is no lo...

Investcorp acquires safety apparel maker Dainese

Investcorp, a leading global provider and manager of alternative investment products, announced that it has reached an agreement with Lino Dainese, to acquire the specialist Italian retailer Dainese at an enterprise...

Safran, Bharat Forge alliance for aircraft parts

France based global Aerospace, Defence, and Security leader Safran and India’s leading auto components company, Bharat Forge recently announced the start of a long-term partnership

Hero Cycles buys equity stake in MIFA of Germany

OPM Global B.V., a subsidiary of Hero Cycles Ltd, the world’s largest cycle manufacturer by volume, has acquired a significant equity stake in Germany’s largest manufacturer of cycles Mitteldeutsche Fahrradwerke AG ...

Nissan global net profit Rs 23,237 cr for ’13-‘14

For the year ended March 31, 2014, Nissan Motor Co., has earned a net revenue of US $ 104.62 billion (Rs 6,26,694 crore approx.). The net income for the year stood at $3.88 billion (Rs 23,237.6 crore). Announcing th...

Bosch opens new plant in Cluj, Romania

On May 9, 2014, Bosch opened its second automotive technology manufacturing plant in Romania. The international supplier of technology and services’ new location in Cluj will produce electronic components and contro...

Setco Automotive, Lingotes of Spain form JV

Setco Automotive Ltd (Setco) and Lingotes Especiales S.A. (Lingotes) have announced the formation of a 30 million Euros (Rs 250 crore approx.) joint venture over threeyears called Lava Cast Pvt Ltd, focused on devel...

Skoda produces three-millionth 1.2 HTP engine

Skoda Auto has produced the three millionth petrol 1.2 HTP. The three-cylinder engine of the EA 111 series has been running off production lines at Skoda’s main plant in Mladá Boleslav since 2001, and is used in Sko...

Lamborghini global turnover at 508m Euros

The turnover may not sound very impressive because this Italian super sports car manufacturer is a niche player in the global automotive industry. The company delivered 2121 cars worldwide in the whole of 2013 as co...

Audi meets its 2015 global sales target in 2013

The Audi Group delivered around 1.575 million cars of the Audi brand globally in 2013. The Ingolstadt (Germany) carmaker achieved new record sales and reached the target that it had set itself for 2015 – more than...

Winter test centre in Sweden celebrates 10th anniv

Everything about Arjeplog, Sweden, is somehow different. The community counts some 3,100 inhabitants on an area about ten times the size of New York City, which has a population of 8.3 million. In Arjeplog, there ar...

VW lays foundation stone for new engine plant

Volkswagen AG has announced that it is expanding its industrial activities in Russia wherein the new

URB India to invest Rs 353 crore in Rajasthan unit

URB Group, one of the leading European bearing makers, has announced that

Magneti Marelli new plant for exhaust systems

Magneti Marelli inaugurated a new industrial plant in India dedicated to the production of automobil

Interview with Shashi Singh, Managing Director, AVL India

The ‘AVL’ name is synonymous with diesel. We started as a diesel-centric company in the 40s. And we were the first ones to propagate direct injected diesel engines that meet NVH challenges. We have been doing a lot ...

Continental AG to double growth in India

In a recent visit to India, Dr. Elmar Degenhart, Executive Board Chairman, Continental AG, one of

Interview with Marc Nassif, Country Managing Director, Renault India Pvt. Ltd

The connect between Renault and Formula One is very strong. We are supplying engines to three teams this year. This year too we hope to be world champions.

Continental AG to beef up India operations

Continental AG to beef up India operations post Modi Tyres acquisition

Continental acquires Modi tyre business

Continental, one of the leading international automotive suppliers and the world’s fourth largest

Volkswagen India rolls-out the 100,000th car

Volkswagen India rolls-out the 100,000th car from its Chakan plant

Bosch earmarks 50 m euros on higher education

Bosch earmarks 50 million euros on higher education

Magneti Marelli 500,000 ECU production target

Magneti Marelli closed the calendar 2010 by crossing the production mark of 500,000 ECUs

Interview with Niraj Hans, Managing Director, Fiat Partecipazioni India Pvt. Ltd.

On the operations front we are an independent company. Having said that, our synergies exist with other Fiat companies. We keep on discussing our strategies with regards to a particular supplier.

John Chacko Volkswagen Group Chief Rep in India

Dr. John Chacko is the new Volkswagen Group Chief Rep India, President and MD, Volkswagen India

Ashok Minda Group acquires Aksys, plant Koengen

NEW DELHI: Noida-based auto component major, Ashok Minda Group has announced the completion of acqui

German envoy visits Volkswagen India Chakan Plant

PUNE: The new German Consul General in Mumbai, Dr. Leopold-Theodor Heldman today visited the Volkswa

German envoy visits Volkswagen India Chakan Plant

PUNE: The new German Consul General in Mumbai, Dr. Leopold-Theodor Heldman today visited the Volkswa

Gestamp 1st wholly owned facility in Pune

CHAKAN (PUNE): Gestamp Corporation, a leading global player in automobile components, steel service

Carbo Tech bags huge orders

Carbo Tech has received the world’s largest order for series-production carbon monocoques to be intr




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