The funding will come through Srinivasan Services Trust (SST), the social arm of TVS Motor Company and Sundaram-Clayton Ltd. and will include measures ranging from manufacturing and supplying supportive equipment.

Valeo, one of the global automotive technology suppliers, has launched Universal Flat Wiper Blades for the Indian market. This advanced wiper technology will be manufactured at Valeo’s Vallam site located near Chennai.

Motor India has recorded total retail sales of 1,518 units in March 2020 as against 1,376 units sold in the preceding month. The automobile manufacturer currently sells two vehicles – MG Hector and MG ZS EV – in the country.

Kubota Corporation, a leading global tractor and machinery manufacturer from Japan, will acquire 10 per cent equity stake, on a post capital reduction basis, in Escorts Ltd., a leading engineering conglomerate in India, in order to integrate and deepen their relationship towards achieving their mutual ambition of global leadership.

India Energy Storage Alliance (IESA), one of the leading alliances on energy storage & e-mobility along with Centre for Materials for Electronics Technology (C-MET) conducted India’s first two days training workshop for li-ion cell fabrication and battery testing in Pune.

TVS Motor Company, a two- and three-wheelers manufacturer, and die-caster Sundaram-Clayton Ltd. (SCL) have announced Rs 30 crore relief to support the nationwide efforts to curb the spread of COVID-19.

In a bid to take all the recommended precautions necessary to combat the challenge of Coronavirus (Covid-19), Maruti Suzuki, a leading passenger car manufacturer, the company has held that its operations will be shut till the further notice from the government authorities.

The Association of Indian Forging Industry (AIFI), the apex body of the Indian Forging Industry, has observed that the disruption caused by the Coronavirus (Covid-19) has hit the automotive industry and thus also affected the automotive component and forging industries.

Tata Motors Limited (TML), a leading automaker in India has decided to subsidersise TML’s passenger vehicle (PV) business including the electric vehicle (EV) by transferring relevant assets,etc.