Audi and Hyundai plan to develop fuel cell technology

Audi AG and Hyundai Motor Group are driving the development of fuel cell technology. The two companies plan to cross-license patents and grant access to non-competitive components. The agreement is currently subject...

Abraham Schot comes in place of Rupert Stadler at Audi AG

The Supervisory Board of Audi AG has decided to transfer the duties of the Board of Management Chairman to Abraham Schot on a temporary basis with immediate effect. As reported earlier, Audi CEO Rupert Stadler was t...

Audi CEO Rupert Stadler arrested in Germany

Rupert Stadler, CEO of Audi, one of the largest luxury car majors and part of the Volkswagen Group was arrested in Munich on June 18, 2018 in connection with the diesel scam that rocked Volkswagen and the automobil...

Volvo Cars Tech Fund invests in automotive sensor company Luminar

Volvo Cars, the premium car maker, has completed the first strategic investment via its newly-founded investment fund by taking a stake in Luminar, a leading start-up in the development of advanced sensor technology...

TAL Manufacturing Solutions launches 6-axis robot BRABO TRO6-6

TAL Manufacturing Solutions has launched their 6-axis variant ‘BRABO TR06-6’ robot in New Delhi to cater to Robotics Automation requirements across different industries. After a good response of their 5-axis variant...

Magneti Marelli exhibits latest innovations at CES Asia 2018 in Shanghai

Following its appearance at CES (Consumer Electronics Show) in Las Vegas in January, Magneti Marelli is repeating its commitment by participating in CES Asia 2018 which is taking place from June 13 to 15 in Shanghai...

Magenta Power sets up India’s first solar based charging station for EVs

Magenta Power, one of the leading service providers of renewable energy solutions in association with Exicom, has installed India’s first solar charging station (DC Fast Charge) for electric vehicles in Turbhe, Navi...

Nissan announces expansion plans in Africa, Middle East & India

Nissan Motor Co., Ltd. unveiled a major expansion strategy in the Africa, the Middle East and India region as part of the company’s six-year mid-term plan, Nissan M.O.V.E. to 2022.

Maruti Suzuki Swift clock sales of 1-lakh units in 145 days, the fastest for a car in India

The all-new Swift from Maruti Suzuki has attained a spectacular milestone of one-lakh unit sales in 145 days. This is the fastest 100,000 units for any car in India. The third generation Swift has received overwhelm...

Bharat Forge Limited invests Rs 90.30 crore in Tevva Motors, UK

Bharat Forge Ltd., a Pune based global leader in metal forging, has announced a strategic investment of UK Pounds 10 million (Rs 90.30 crore approx.) in Tevva Motors (Jersey) Limited, a company incorporated and regi...




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