VinFast Auto India signed a Memorandum of Understanding with State Bank of India on Sunday to provide inventory financing for its exclusive dealer network, marking a strategic partnership to accelerate electric vehicle adoption in India. The collaboration enables the Vietnamese EV manufacturer to leverage SBI’s extensive pan-India branch network and digital platforms to reach customers… Continue reading VinFast India Partners with State Bank of India for EV Dealer Financing
Category: US Motoring Press
JLR Begins Phased Restart After Major Cyber Incident
Jaguar Land Rover has begun a phased restart of its manufacturing operations following a major cyber incident that disrupted production earlier this month, Tata Motors told stock exchanges in an update on Monday. In its latest statement, JLR confirmed that it has moved into a recovery phase and begun a controlled restart of select manufacturing… Continue reading JLR Begins Phased Restart After Major Cyber Incident
JLR Begins Phased Restart After Major Cyber Incident
Jaguar Land Rover has begun a phased restart of its manufacturing operations following a major cyber incident that disrupted production earlier this month, Tata Motors told stock exchanges in an update on Monday. In its latest statement, JLR confirmed that it has moved into a recovery phase and begun a controlled restart of select manufacturing… Continue reading JLR Begins Phased Restart After Major Cyber Incident
Chery Tiggo 8 SUV design patented in India
Chinese carmaker Chery Automobile has filed design patents for the Tiggo 8 SUV. Images of the SUV, which have surfaced on the Indian patent database, show the Tiggo 8 in its latest international avatar – a large, three-row SUV that sits above the likes of the Hyundai Alcazar, Tata Safari and Mahindra XUV700 in terms… Continue reading Chery Tiggo 8 SUV design patented in India
NRL Recycling Acquires Tycod Autotech for INR 240 Million
NRL Recycling Limited, a recycling and waste management company, has acquired Tycod Autotech Pvt Ltd in an all-cash transaction valued at INR 240 million as part of its strategy to move up the value chain from scrap processing to aluminium alloy production and precision-engineered automotive components manufacturing. The acquisition represents a forward integration move that… Continue reading NRL Recycling Acquires Tycod Autotech for INR 240 Million
Valvoline Cummins India Launches India’s First Full Synthetic CK4 Engine Oil
Valvoline Cummins India has launched All Fleet Full Synthetic CK4, positioning it as India’s first full synthetic CK4 engine oil in the heavy-duty engine oil segment, specifically engineered for modern heavy-duty diesel engines and commercial vehicles meeting BSVI emission standards. The product launch represents what the company describes as an industry-first innovation in India’s commercial… Continue reading Valvoline Cummins India Launches India’s First Full Synthetic CK4 Engine Oil
Wheels India Signs Technology Transfer Pact with South Korean Hydraulics Firm SHPAC
Wheels India Limited has entered into a technical agreement with SHPAC, a South Korean hydraulics cylinder manufacturer, for technology transfer in manufacturing as the Chennai-based company seeks to expand its hydraulic cylinders business segment identified as a strategic growth area. The technology transfer agreement with SHPAC, which has decades of experience in hydraulic cylinder manufacturing… Continue reading Wheels India Signs Technology Transfer Pact with South Korean Hydraulics Firm SHPAC
Investment Managers Identify Nine Sectors Poised for Festive Season Growth
Investment managers on the smallcase platform have identified nine sectors expected to benefit from India’s festive season, citing consumption patterns, policy reforms, and structural growth factors. The sectors span auto components, fast-moving consumer goods, gold, non-banking financial companies, pharmaceuticals, renewable energy, capital markets, infrastructure, and defense. The projections come as India’s festive economy shows expansion.… Continue reading Investment Managers Identify Nine Sectors Poised for Festive Season Growth
Tata Power and VE Commercial Vehicles Partner to Boost Electric CV Adoption in India
In a significant move to accelerate India’s transition to electric commercial mobility, Tata Power EV Charging Solutions Limited (TPEVCSL) and VE Commercial Vehicles (VECV) have announced a strategic collaboration aimed at supporting truck and bus operators in their shift to electric vehicles. The partnership, formalized through a memorandum of understanding, will initially focus on VECV’s… Continue reading Tata Power and VE Commercial Vehicles Partner to Boost Electric CV Adoption in India
Updated Mahindra Bolero Neo, Thar facelift launch in October
Mahindra is gearing up for a busy festive season with not one, but three refreshed SUVs lined up for launch in quick succession. The brand will kick things off with the updated Bolero Neo and the standard Bolero on October 6, followed closely by the facelifted Thar 3-door a few days later. Bolero Neo faceliftFirst… Continue reading Updated Mahindra Bolero Neo, Thar facelift launch in October