Acquisition was done through MSSL’s Mexican subsidiary Motherson Rolling Stocks S. de R.L. de C.V. (MRS), which is part of the Motherson Rolling Stock Division.

Some key takeaways from the recommendations are such as continuation of FAME II for two more years, higher short-term booster incentives for consumers, support for in-house R&D & more.

In this interview with Rakesh Rao, Anurag Garg, MD & Country Head (India), Vitesco Technologies - formerly the Powertrain Division of Continental - discusses how auto component industry is coping with COVID pandemic and the growth plans of the company.

COVID 19 pandemic has raised many questions among the people with respect to safety, health and sanitation. Autonomous vehicles can provide answers to some of these questions, says Alexander Klotz.

The recommendations, submitted by FICCI's EV committee to the government, seek immediate support from policymakers to enhance attractiveness for these vehicles.

The last three months were difficult for the auto component industry while there is hope for a partial recovery with two- and three-wheeler market and exports. For long, the Indian automotive market experienced slowdown headwinds which were followed by Covid 19. In this article, This article discusses auto component industry challenges and the way ahead.

The Covid 19 pandemic is having enormous effects globally. The global economy has been hit hard, even worse than the Great Depression in 1930.

To mitigate COVID 19 challenge, automakers must try to strategise the operations to improve their resilience in the coming days and be prepared for the future, says Sharadhi Babu, CEO, AXISCADES.

Commercial Vehicles have been majorly hit, owing to pressure from a prolonged slowdown and from this unprecedented pandemic.