Continental is increasing the proportion of recycled materials in its tyres. More plants have recently been converted to use polyester fabric made from recycled polyethylene terephthalate (PET) bottles. This increases the recycled content of many tyre lines by an average of three percent. Depending on the tyre size, up to 15 PET bottles are used… Continue reading Recycled plastic bottles increase share of sustainable materials in Continental car tyres
Author: Autocar_Professional India Online News
Aramco acquires 10% equity in Horse Powertrain
Aramco, one of the world’s leading integrated energy and chemicals companies, through a wholly owned subsidiary, Aramco Asia Singapore, has completed the purchase of a 10% equity stake in Horse Powertrain, a global leader in hybrid and internal combustion powertrain solutions. The transaction builds on Aramco’s efforts to develop new mobility solutions with the potential… Continue reading Aramco acquires 10% equity in Horse Powertrain
ZF produces its 40 millionth passenger car axle drive
ZF has celebrated a new production milestone: production of 40 million passenger car axle drives for international passenger car OEMs since 1997. Add the 10 million bevel gear sets and differentials installed in ZF automatic and dual-clutch transmissions with integrated final drives, the total surpasses 50 million ZF final drives delivered. At present, ZF is… Continue reading ZF produces its 40 millionth passenger car axle drive
ZF produces its 40 millionth passenger car axle drive
ZF has celebrated a new production milestone: production of 40 million passenger car axle drives for international passenger car OEMs since 1997. Add the 10 million bevel gear sets and differentials installed in ZF automatic and dual-clutch transmissions with integrated final drives, the total surpasses 50 million ZF final drives delivered. At present, ZF is… Continue reading ZF produces its 40 millionth passenger car axle drive
Honda Motorcycle & Scooter India achieves sales of 4,72,749 units in November 2024
Honda Motorcycle & Scooter India (HMSI) reported its total sales figures for November 2024, which stood at 4,72,749 units. This includes domestic sales of 4,32,888 units and exports of 39,861 units. For the financial year to date (April–November 2024), HMSI recorded sales of 42,28,837 units, comprising 38,67,427 units in the domestic market and 3,61,410 units… Continue reading Honda Motorcycle & Scooter India achieves sales of 4,72,749 units in November 2024
Carraro India secures SEBI nod for Rs 1,812 crore IPO
Carraro India Ltd, a Pune-based manufacturer of transmission systems and axles for tractors and off-highway vehicles, received final approval from the Securities and Exchange Board of India (SEBI) to proceed with its Rs1,812 crore Initial Public Offering. The IPO, filed on August 23, 2024, is a complete Offer for Sale (OFS) by its parent company,… Continue reading Carraro India secures SEBI nod for Rs 1,812 crore IPO
Carraro India secures SEBI nod for Rs 1,812 crore IPO
Carraro India Ltd, a Pune-based manufacturer of transmission systems and axles for tractors and off-highway vehicles, received final approval from the Securities and Exchange Board of India (SEBI) to proceed with its Rs1,812 crore Initial Public Offering. The IPO, filed on August 23, 2024, is a complete Offer for Sale (OFS) by its parent company,… Continue reading Carraro India secures SEBI nod for Rs 1,812 crore IPO
VE Commercial Vehicles posts 7.3% growth in November sales
VE Commercial Vehicles Ltd. (VECV), a joint venture between Volvo Group and Eicher Motors, reported a 7.3% year-on-year growth in sales in November. The company sold 5,574 units during the month, compared to 5,194 units in November 2023, supported by robust performance across its Eicher and Volvo product lines. The Eicher brand, which forms the… Continue reading VE Commercial Vehicles posts 7.3% growth in November sales
Pricol acquires Sundaram Auto Components’ injection moulding business for Rs 215.3 crore
Pricol has acquired Sundaram Auto Components Ltd (SACL)’s Injection Moulding business via its wholly owned subsidiary Pricol Precision Products Private Limited, for Rs 215.3 crore. This debt free all cash acquisition will add a consolidated topline of approximately Rs 730 crore, as per the company press release. This acquisition will enable Pricol to scale the… Continue reading Pricol acquires Sundaram Auto Components’ injection moulding business for Rs 215.3 crore
Ultraviolette F99 sets record as fastest Indian motorcycle at the Valley Run
Ultraviolette’s F99 electric motorcycle has set a new benchmark by completing a standing quarter-mile in 10.712 seconds at the Valley Run, held at Aamby Valley on December 1, 2024. This achievement, certified by the Federation of Motor Sports Clubs of India (FMSCI), makes it the fastest Indian motorcycle to date, surpassing the previous record set… Continue reading Ultraviolette F99 sets record as fastest Indian motorcycle at the Valley Run