European automakers in restart mode

After almost a month-long shutdown, many automakers in Europe are restarting operations across their plants in the continent. Volvo Cars has resumed production at its Torslanda plant in Sweden. The company, has decided to reopen the plant after dialogue with relevant labour unions along with its Swedish offices. Both the plant and offices have been… Continue reading European automakers in restart mode

Volvo Group and Daimler Truck plan JV for large-scale production of fuel cells

Big news coming a day ahead of Earth Day. Sharing the Green Deal vision of sustainable transport and a carbon-neutral Europe by 2050, two leading companies in the commercial vehicle industry, Daimler Truck AG and the Volvo Group, have signed a preliminary non-binding agreement to establish a new joint venture. The aim of the two… Continue reading Volvo Group and Daimler Truck plan JV for large-scale production of fuel cells

Toyota Kirloskar Motor’s Vikram Gulati: ‘The biggest challenge now is going to be around the supply chain.’

As the Indian automotive industry gears up to resume operations with the government announcing relaxations for some small-scale sectors from April 20, ensuring a seamless supply chain is going to be a big challenge for OEMs and suppliers. Also, while companies are working on ‘restart manuals’ to practice the new normal and adhere to social… Continue reading Toyota Kirloskar Motor’s Vikram Gulati: ‘The biggest challenge now is going to be around the supply chain.’

Ferrari begins making respirator valves at Maranello plant

Ferrari has started to produce respirator valves and fittings for protective masks at its Maranello plant as one of its initiatives in support of health workers treating coronavirus patients. The department where car prototypes are usually built is producing these thermoplastic components using additive manufacturing technology. Some valves have been developed by Mares, a diving… Continue reading Ferrari begins making respirator valves at Maranello plant

Motherson Sumi explores new acquisitions at low valuations 

The unprecedented Covid-19 pandemic has brought forth challenges for countries and companies but for a few robust and well-placed organisations, it is an opportunity to drive growth through acquisitions. Motherson Sumi Systems (MSSL), the leading global automotive component manufacturing company, has announced its preparedness to tackle the Covid-19 impact, and also given a glimpse about… Continue reading Motherson Sumi explores new acquisitions at low valuations 

Bharat Forge sees itself benefitting from supplier restructuring amid Covid crisis

The ongoing pandemic of Covid19, it seems, has come as an opportunity for Bharat Forge. Part of the $ 3 billion Kalyani Group, Bharat Forge envisages some strategic structural changes in the automotive supply chain in a post -Covid19 world, where OEMs, in order to mitigate uncertainties, will be looking forward to diversifying their component… Continue reading Bharat Forge sees itself benefitting from supplier restructuring amid Covid crisis

Nissan licenses li-ion battery tech to APB Corporation to allow for low-cost mass-production

Japanese-carmaker Nissan has licensed its advanced technology to APB Corporation that will allow mass production of lower-cost, safer lithium-ion batteries with increased charging capacity. Tokyo-based APB is backed by investment from major companies and plans to build a factory in Japan that will use Nissan’s technology to make all-polymer batteries for storage use. Nissan says… Continue reading Nissan licenses li-ion battery tech to APB Corporation to allow for low-cost mass-production