Visteon may export display panels from India

As demand for in-car infotainment touchscreens and digital instrument clusters grows in the coming years, American Tier-I major Visteon is preparing itself to cater to the market requirements in India. The company, which recently opened a new technology centre in Goa, said it is expanding its manufacturing capabilities to do local bonding in the country.… Continue reading Visteon may export display panels from India

Atlas Copco acquires Qolibri

Atlas Copco, has announced its acquisition of Qolibri Inc, a company that provides proprietary technologies for semiconductor subfab operations. Qolibri, which is based in Roseville, near Sacramento in California, USA, develops solutions for semiconductor subfabs, which are home to the many pumps and abatement systems that handle the exhaust gases and by-products generated by the semiconductor… Continue reading Atlas Copco acquires Qolibri

Tata Motors launches GenVoltz generators in Nepal

Tata Motors, along with its authorised distributor, Sipradi Trading announced launching the reliable and efficient range of GenVoltz generators in Nepal.  Designed, developed and extensively tested at the R&D centre in India, the generators are powered by Tata Motors’ diesel engines which claims it to be perfectly suited to power a wide variety of applications.  The… Continue reading Tata Motors launches GenVoltz generators in Nepal

‘Citroen wants to remain honest to customers’

French carmaker Citroen as taken a conscious decision to categorise the C3 as a B-segment hatchback. “We want to remain honest to our customers, and that is why we are not portraying it as an SUV. It’s a hatchback with SUV attributes,” said Saurabh Vatsa, brand head, Citroen India. The India-spec C3 is the first… Continue reading ‘Citroen wants to remain honest to customers’

Rajiv Bajaj on why EV startups are upstarts 

‘When a flower doesn’t bloom, you fix the environment in which it grows, not the flower’, Rajiv Bajaj referred to this quote by Alexander den Heijer, the Dutch trainer and consultant, to describe the present state of affairs in the electric vehicle (EV) industry and, more specifically, the disturbing pace of fire-led accidents. “What concerns… Continue reading Rajiv Bajaj on why EV startups are upstarts 

PV sales in May remain flat

India’s automotive sector reported cumulative sales of 15,32, 809 units in May 2022  across all vehicle categories as against 14,21,241 units in April 2022, said SIAM in its monthly sales announcement. Given that the numbers for the year-earlier May are not comparable, a sequential picture has to be taken into account. Sales of PVs at… Continue reading PV sales in May remain flat

Bajaj announces share buyback plan

In a series of back-to-back developments, Bajaj Auto  announced its share buyback plan on Thursday after a 20-year gap that will help shareholders to unlock value on its stock that  is down 8.2 percent in the last one year. This is being followed up by announcements on the company’s  EV plans by Rajiv Bajaj, Managing Director,… Continue reading Bajaj announces share buyback plan