New plant demonstrates Schaeffler’s advanced capabilities in sustainability and e-mobility. The 15,000 sqm production facility for electrified powertrain components and systems meets highest standards of sustainability

Allison to pay approximately $27 million in cash for AVTEC’s off-highway transmission portfolio and Madras Export Processing Zone (MEPZ) off-highway component machining business.

The company is in talks with automakers to supply batteries manufactured at its potential U.S. factory. It might invest $2.62 billion to manufacture batteries for Stellantis and $870 million for Rivian.

India’s largest tyre manufacturer, Apollo Tyres Ltd, has planned to double its revenue and reach a $5 billion figure in 2026 and to improve its operating profit margin by 15%.

A safety cabin has been designed by Finland-based Fortaco Group to suit Indian conditions and safety requirements.

The acquisition happened through one of its flagship companies, Neel Metal Products Ltd and is the biggest business transaction in the history of JBM Group.

The acquisition happened through one of its flagship companies, Neel Metal Products Ltd and is the biggest business transaction in the history of JBM Group

At the Mercedes-Benz Rastatt plant, the second model in the newest compact car generation, the B-Class, is rolling off the line.

Apollo Tyres has reportedly lined up $ 1 billion in investments with an eye to grab the No 1 position in the Indian tyre market and cross Rs 20,000 crore in revenue by 2020