ZF equity stake in Brakes India acquired by remaining stakeholders

ZF Friedrichshafen AG (ZF) has divested its entire equity stake in Brakes India, a leading supplier of braking systems in the Indian market and a global supplier of ferrous castings. The acquisition of ZF’s equity s...

Varroc Engineering, Candera sign MoU on TFT instrument cluster tech

Varroc Engineering Limited (Varroc), a global Tier-1 auto component manufacturer, has signed a Memorandum of Understanding (MoU) with Candera GmbH for a strategic association to integrate the Human Machine Interface...

Varroc to acquire 74% stake in CarIQ, a leading Telematics solution provider

Varroc Engineering Limited, a global Tier 1 auto component manufacturer, has agreed to acquire 74% stake in the Pune-based CarIQ Technologies, a leading integrated connected vehicle solution provider to OEMs, fleet ...

Continental India clocks 1 million instrument clusters in 2018

Technology company Continental has clocked production and sales of one million instrument clusters in India in 2018, the highest annual milestone for the product achieved by their Central Electronics Plant in Bangal...

Pricol unveils new brand identity; Targets revenues of Rs 3000 crore by 2020

Pricol Limited, a leading manufacturer of automotive components for the global market, has unveiled its new brand identity, a new logo that demonstrates the value and the commitment Pricol brings to its four signifi...

South India Special Part 2: Karnataka

Karnataka is India’s eighth largest State in terms of area and 9th largest State in terms of population. Some of the prominent cities in the state are Bengaluru, Mysore, Mangalore, Belgaum, Gulbarga, Hubli-Dharwad,...

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 ...

Continental opens new R&D extension building in Singapore

International automotive supplier and tyre manufacturer Continental has opened a new extension building to expand its R&D capabilities in Singapore. With a total capital investment of S$29.7 million (EUR 18.3 millio...

MapmyIndia’s connected car infotainment system

Delhi based MapmyIndia has launched India’s first complete connected car infotainment system. This high quality package synergises the front and rear-seat systems. The Android variant has been priced at priced at Rs...




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