Ford’s new facility in Germany can simulate any weather, anytime

Ford has invested more than €70 million (Rs 560 crore approx.) in the John Andrews Product Development Centre in Cologne, Germany which is like a weather factory that can simulate any weather, any time. Described a...

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...

Shriram Transport Finance inks MoU with HPCL

Shriram Transport Finance Company Limited Ltd (STFC), has inked an MOU with Hindustan Petroleum Corporation LTD (HPCL) to offer credit based fuel filling services to its customers on digital platform.

Sumitomo Corporation buys 49% stake in Mukand Sumi Special Steel

Sumitomo Corporation has brought a 49% stake for Rs 1180.99 Cr in the joint venture company, Mukand Sumi Special Steel Limited, a leading specialty steel supplier for the fast growing automotive and engineering indu...

Car engines are tested for 12 hours and can reach temperatures over 900 deg

The Siberian village of Oymyakon remains at 50 degrees below zero for several months of the year, and is considered the coldest permanently inhabited place on Earth. On the other hand, registering a maximum of 57 de...

Schaeffler India launches locally manufactured FAG SNV housings range

Leading industrial and automotive supplier, Schaeffler India Ltd (Formerly FAG Bearings India Ltd) announced the launch of its new range of FAG SNV Housings. SNV Housings are the new split plummer block housings whi...

Reversing gets easier with Ford technology

The all-new Ford Focus offers a new camera technology that makes reversing a breeze. The wide-angled camera sees around obstacles, shows hazards driver can’t see. The radar sensors detect vehicles crossing behind an...

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...

Vishal Sharma is CEO, Schenker India–India & Indian Sub-continent

Schenker India Pvt. Ltd, part of DB Schenker, the transport and logistics division of the Deutsche Bahn Group, has appointed Vishal Sharma as the New Chief Executive Officer – India and the Indian sub-continent, wit...

Anthill Ventures invests in Uniti electric car for Indian roads

Anthill Ventures, an investment and scaling platform for early growth stage startups that want to scale with speed, has announced its investment in Uniti, a Swedish urban mobility electric car startup. This investme...




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