Denso picks up stake in Tohoku Pioneer EG

Japanese component major, Denso Corporation announced that it has agreed with Pioneer Corporation to buy stake in Tohoku Pioneer EG Corporation (Tohoku Pioneer EG), which is involved in the factory automation business and is owned by Tohoku Pioneer Corporation, a consolidated subsidiary of Pioneer Corporation. The company says with the global environment for the manufacturing… Continue reading Denso picks up stake in Tohoku Pioneer EG

Bajaj Auto plots aggressive strategy to gain market share

Bajaj Auto is on a roll. Its sales numbers are up and about in the domestic market and exports are roaring too. And there’s more to come because Rajiv Bajaj, managing director, Bajaj Auto, has hinted at an aggressive go-to-market strategy designed to accelerate growth in the domestic market. At the annual general meeting held… Continue reading Bajaj Auto plots aggressive strategy to gain market share

FCA US invests $30 million for new autonomous driving and testing facility

FCA US (Fiat Chrysler Automobiles) recently announced that it has invested more than $30 million (Rs 214 crore) at its Chelsea Proving Grounds in southeast Michigan for the development and testing of autonomous vehicle and advanced safety technologies. The new facility, which begins testing programmes in September, features a dedicated autonomous highway-speed track, 35-acre safety-feature… Continue reading FCA US invests $30 million for new autonomous driving and testing facility