Consumers are stressing on safety more than ever, and this has caused manufacturers to design cars that utilise high end technologies to increase safety.

The Indian automotive industry provides a lucrative proposition for investment. Automotive retailers form a critical aspect of the value chain since they are the single touch point, based on which customers perceive the brand and experience the product.

IoT has penetrated all industries today, and the demand for IoT-enabled automobiles is expected to surge in the future.

BorgWarner, a global product leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles, has opened its expanded facility in Kakkalur, Tamil Nadu.

The new 43,000-sq ft facility has a VCT production line which provides localised manufacturing in Kakkalur, Tamil Nadu

Toyota Motor Corporation and Panasonic Corporation have signed a business-integration contract and a JV contract toward the establishment of a new company related to the automotive prismatic battery business.

With the automotive sales zooming, the aftermarket sector is witnessing a boom. The Indian automotive aftermarket , which has grown at a compounded annual growth rate (CAGR) of 14 per cent in the last five years, is estimated to grow at Rs 75,000 crore by the fiscal year 2020, stated a CII report.

The product family is available in three different versions – iDM XS, iDM S and iDM M.

The scope of the JV's business operations will cover research, development, production engineering, manufacturing, procurement etc. related to automotive prismatic lithium-ion batteries.