Samvardhana Motherson International, a wholly owned subsidiary of SAMIL, has entered into an agreement to acquire 81% stake in Honda Motor Co subsidiary Yachiyo’s four-wheeler business housed under Yachiyo Industry Co Ltd. Honda Motor currently owns a 50.4% stake in the listed Yachiyo, and the rest is owned by the public. As a part of… Continue reading Samvardhana Motherson to acquire 81% in Honda subsidiary Yachiyo, enter sunroof business
Author: Autocar_Professional India Online News
Tube Investments forays into e-SCV segment
TI Clean Mobility Pvt Ltd (TICMPL), a subsidiary of Tube Investments of India, has announced its entry into the largest electric small commercial vehicle (eSCV) segment in the country with its fourth EV platform, the company informed on Monday. TI Clean Mobility has a presence in electric three-wheelers, electric tractors and electric heavy commercial vehicles. As per… Continue reading Tube Investments forays into e-SCV segment
Tube Investments forays into e-SCV segment
TI Clean Mobility Pvt Ltd (TICMPL), a subsidiary of Tube Investments of India, has announced its entry into the largest electric small commercial vehicle (eSCV) segment in the country with its fourth EV platform, the company informed on Monday. TI Clean Mobility has a presence in electric three-wheelers, electric tractors and electric heavy commercial vehicles. As per… Continue reading Tube Investments forays into e-SCV segment
India’s road construction slows even as government looks to increase target to14,000 kilometres from 12,500 kilometres
The National Highway Authority of India (NHAI) has awarded three projects spanning 87 kilometres in June 2023, after a two-month pause. This is significantly lower than the 303 kilometres of projects awarded during the same period last year, an analysis by Nuvama Institutional Equities reveals. The slowdown in the economy, procurement delays, land acquisition issues… Continue reading India’s road construction slows even as government looks to increase target to14,000 kilometres from 12,500 kilometres
India’s road construction slows even as government looks to increase target to14,000 kilometres from 12,500 kilometres
The National Highway Authority of India (NHAI) has awarded three projects spanning 87 kilometres in June 2023, after a two-month pause. This is significantly lower than the 303 kilometres of projects awarded during the same period last year, an analysis by Nuvama Institutional Equities reveals. The slowdown in the economy, procurement delays, land acquisition issues… Continue reading India’s road construction slows even as government looks to increase target to14,000 kilometres from 12,500 kilometres
igus presents host of digital concepts and latest in VR technologies
Visitors to the recently concluded 2023 Hannover Messe got a chance to get first-hand experience of several new possibilities in advanced technologies. Each of the technologies presented had a specific purpose. For example, for the virtual parallel world presentation, participants were given VR glasses that allowed them to control a robot arm in virtual reality.… Continue reading igus presents host of digital concepts and latest in VR technologies
igus presents host of digital concepts and latest in VR technologies
Visitors to the recently concluded 2023 Hannover Messe got a chance to get first-hand experience of several new possibilities in advanced technologies. Each of the technologies presented had a specific purpose. For example, for the virtual parallel world presentation, participants were given VR glasses that allowed them to control a robot arm in virtual reality.… Continue reading igus presents host of digital concepts and latest in VR technologies
Kia unveils 2.0 Transformation plan, targets 10% market share by 2028
South Korean car maker Kia said it has unveiled a new transformation journey called Kia 2.0, which has set a target of 10% market share in the highly competitive Indian market by 2028. With plans of doubling the touchpoints to 600 and the expansion of product portfolio, it is planning to further grow its volumes… Continue reading Kia unveils 2.0 Transformation plan, targets 10% market share by 2028
Kia unveils 2.0 Transformation plan, targets 10% market share by 2028
South Korean car maker Kia said it has unveiled a new transformation journey called Kia 2.0, which has set a target of 10% market share in the highly competitive Indian market by 2028. With plans of doubling the touchpoints to 600 and the expansion of product portfolio, it is planning to further grow its volumes… Continue reading Kia unveils 2.0 Transformation plan, targets 10% market share by 2028
Volkswagen to invest a billion euros in South America, plots 15-model offensive
Volkswagen today unveiled a strategic growth game-plan for South America and aims to make significant gains with a major product offensive. The company has outlined an investment of a billion euros (Rs 8,788 crore) by 2026. By 2027, the company plans to grow by 40 percent in Brazil, the region’s largest market. For example, 15… Continue reading Volkswagen to invest a billion euros in South America, plots 15-model offensive