Lear Corporation LEA, a global leader in automotive technology for Seating and E-Systems, has closed the acquisition of WIP Industrial Automation. The agreement for this acquisition was signed on Apr 29, 2024. The transaction’s terms were not disclosed. WIP, Lear’s supplier for 25 years, specializes in developing, integrating and deploying advanced automation technologies for production… Continue reading Lear (LEA) Acquires WIP to Optimize Operational Efficiency
Tag: Suzuki
Suzuki unveils five-pronged future tech strategy
Suzuki Motor Corporation has announced its technology strategy for the next decade. As per the company statement, the Japanese automaker will realise a “technology that minimizes energy consumption” from manufacturing to recycling, and aim for a carbon-neutral world while providing the joy of transportation to people all over the world. SMC has a five-pronged tech… Continue reading Suzuki unveils five-pronged future tech strategy
John Nicols Appointed Strategic Advisor to bitBiome
Former Codexis CEO will focus on accelerating the commercialization of bitBiome’s internal product pipeline TOKYO, July 16, 2024 /PRNewswire/ — bitBiome, Inc., a biotechnology company unlocking the potential of our planet’s microbes to power the future of the bioeconomy, today announced the addition of John Nicols as a key strategic advisor, further expanding their knowledge… Continue reading John Nicols Appointed Strategic Advisor to bitBiome
Premiumisation in India’s consumption continues unabated in first half of 2024
Sales of these vehicles grew at more than twice the rate of the overall industry – by 13% to nearly a million units in this period. The premiumisation story in consumption has continued unabated in the first half of calendar 2024, as per latest data from companies and researchers. This is even when there is… Continue reading Premiumisation in India’s consumption continues unabated in first half of 2024
Maruti Suzuki takes early lead in car and SUV exports in FY2025, Elevate powers Honda to No. 3
Maruti Suzuki, India’s No. 1 car and SUV exporter for the past three fiscals (FY2024, FY2023 and FY2022) has taken an early lead in overseas shipments of made-in-India passenger vehicles. As per export data released by industry body SIAM, a total of 180,483 units were exported in April-June 2024, up 19% YoY (Q1 FY2024: 152,156… Continue reading Maruti Suzuki takes early lead in car and SUV exports in FY2025, Elevate powers Honda to No. 3
Mahindra Thar 5 door leaked prior to launch
One of the highly anticipated launches from Mahindra has just been spied undisguised. Images of the upcoming Mahindra Thar 5-door have been leaked online, revealing only the front end of a production-ready 5-door version. We can confirm from the images that the Thar 5-door will get a new grille design, which is divided into six… Continue reading Mahindra Thar 5 door leaked prior to launch
Maruti Grand Vitara breaks through 200,000 sales in just 22 months
Maruti Suzuki India’s Grand Vitara, launched on September 26, 2022, has raced past the 200,000-unit sales milestone in just 22 months since its launch. From launch through to end-June 2024, the midsize SUV has clocked cumulative sales of 199,550 units (see wholesales data table below). The 450 units needed to hit the 200,000-units domestic sales… Continue reading Maruti Grand Vitara breaks through 200,000 sales in just 22 months
Godrej Tooling targets 25% revenue share from exports in three years
Mumbai-based Godrej Tooling, a major player in supplying automotive tooling to marquee clients like Honda, Maruti Suzuki, and Mahindra & Mahindra, aims to significantly increase its export revenue share from the current 10% to 20–25% within the next three years, Pankaj Abhyankar, Senior Vice President & Business Head at the company, told Autocar Professional. At present, the company’s annual revenue… Continue reading Godrej Tooling targets 25% revenue share from exports in three years
A look at the most powerful bikes within Rs 20 lakh
Twenty lakh rupees is a considerable amount of money to spend on a motorcycle. However, the bikes on this list are so tempting, not to mention immensely capable, that they can convince you to part with an organ or a few, to scratch that itch. Ducati Streetfighter V2 153hp Ducati has always had smaller, more… Continue reading A look at the most powerful bikes within Rs 20 lakh
A look at the most powerful bikes within Rs 20 lakh
Twenty lakh rupees is a considerable amount of money to spend on a motorcycle. However, the bikes on this list are so tempting, not to mention immensely capable, that they can convince you to part with an organ or a few, to scratch that itch. Ducati Streetfighter V2 153hp Ducati has always had smaller, more… Continue reading A look at the most powerful bikes within Rs 20 lakh