In Conversation with JSW MG Motor India’s Rajeev Chaba

With the latest alliance between India’s JSW Group and carmaker MG Motor India, and the former picking up a significant 35 percent stake in the new entity, the company is eyeing its next phase of growth, replete with new products and production facilities.  While JSW MG Motor India JV is set to see infusion of… Continue reading In Conversation with JSW MG Motor India’s Rajeev Chaba

In Conversation with JSW MG Motor India’s Rajeev Chaba

With the latest alliance between India’s JSW Group and carmaker MG Motor India, and the former picking up a significant 35 percent stake in the new entity, the company is eyeing its next phase of growth, replete with new products and production facilities.  While JSW MG Motor India JV is set to see infusion of… Continue reading In Conversation with JSW MG Motor India’s Rajeev Chaba

EDAG and Baier Motors develop motorcycle with ICE, electric power for African markets

Global independent engineering service provider EDAG Group of Switzerland and the Bavaria-based Baier Motors GmbH have developed a motorcycle concept designed specifically for Africa. According to the two partnering companies, the prototype Oryx Concept sets new standards in robustness, reliability and sustainability. Interestingly, the final product will be available with a choice of electric or… Continue reading EDAG and Baier Motors develop motorcycle with ICE, electric power for African markets

EDAG and Baier Motors develop motorcycle with ICE, electric power for African markets

Global independent engineering service provider EDAG Group of Switzerland and the Bavaria-based Baier Motors GmbH have developed a motorcycle concept designed specifically for Africa. According to the two partnering companies, the prototype Oryx Concept sets new standards in robustness, reliability and sustainability. Interestingly, the final product will be available with a choice of electric or… Continue reading EDAG and Baier Motors develop motorcycle with ICE, electric power for African markets

EDAG and Baier Motors develop motorcycle with ICE, electric power for African markets

Global independent engineering service provider EDAG Group of Switzerland and the Bavaria-based Baier Motors GmbH have developed a motorcycle concept designed specifically for Africa. According to the two partnering companies, the prototype Oryx Concept sets new standards in robustness, reliability and sustainability. Interestingly, the final product will be available with a choice of electric or… Continue reading EDAG and Baier Motors develop motorcycle with ICE, electric power for African markets

ZF produces its 1,000th CeTrax lite electric CV drive, demand from Isuzu grows

After volume production of the CeTrax lite electric drive for light commercial vehicles started in April 2023, ZF has already produced its first thousand units. The ramp-up in volume production was steeper than planned because demand from Japanese commercial vehicle manufacturer Isuzu has increased. The drive is used by Isuzu to power the latest generation… Continue reading ZF produces its 1,000th CeTrax lite electric CV drive, demand from Isuzu grows

Maruti Suzuki to add electric MPV in 2026, share it with Toyota Kirloskar

Capitalising on its leadership in the multi-purpose vehicle space, Maruti Suzuki, the country’s largest carmaker plans to add an electric MPV following its first electric SUV eVX scheduled for the first half of 2025. Sources say an electric MPV codenamed YMC is based on the same born EV architecture as the YY8 mid-size SUV. The… Continue reading Maruti Suzuki to add electric MPV in 2026, share it with Toyota Kirloskar

LANXESS reports 17% growth in sales in FY2023, expects uptick in FY2024

LANXESS, in FY2023, reported sales of EUR 6.714 billion, marking a 17.0 percent decrease from the previous year. EBITDA pre exceptionals also declined by 44.9 percent to EUR 512 million. Despite these challenges, net income increased to EUR 443 million, driven by portfolio measures. The weaker demand and the associated reduction in sales volumes as… Continue reading LANXESS reports 17% growth in sales in FY2023, expects uptick in FY2024

LANXESS reports 17% growth in sales in FY2023, expects uptick in FY2024

LANXESS, in FY2023, reported sales of EUR 6.714 billion, marking a 17.0 percent decrease from the previous year. EBITDA pre exceptionals also declined by 44.9 percent to EUR 512 million. Despite these challenges, net income increased to EUR 443 million, driven by portfolio measures. The weaker demand and the associated reduction in sales volumes as… Continue reading LANXESS reports 17% growth in sales in FY2023, expects uptick in FY2024

Tata to launch Altroz Racer in the coming weeks

Tata Motors showcased the Altroz Racer as the sportiest version of the Altroz hatchback yet at last year’s Auto Expo. It made a reappearance at this year’s Bharat Mobility Show with slightly different looks, but Tata didn’t share any launch plans. However, we can now confirm that the sportier Altroz will indeed go on sale in the coming weeks. Tata Altroz… Continue reading Tata to launch Altroz Racer in the coming weeks