Kolkata-based Ramkrishna Forgings looks to augment growth with the expansion of its press line. The automotive components supplier’s total capacity of press lines is slated to increase to 308,400 tonnes by FY25 end. The installed capacity as on June 30, 2024, was 229,150 tonnes the company informed investors. Elaborating further on its new 8000 tonne press line… Continue reading Ramkrishna Forgings’ capacity addition to bolster growth
Tag: Volvo
BMW 5 Series LWB priced at Rs 72.90 lakh
BMW has launched the all-new 5 Series in India at Rs 72.90 lakh a couple of months after its electric sibling, the i5. While the 5 Series is being offered in LWB form – for the first time – the i5 is still based on the shorter wheelbase platform. Codenamed G68, the eighth-gen 5 Series LWB is… Continue reading BMW 5 Series LWB priced at Rs 72.90 lakh
Mini Countryman Electric priced at Rs 54.90 lakh
Mini has launched the new Countryman Electric in India at an introductory price of Rs 54.90 lakh (ex-showroom). The new Countryman is available in both ICE and EV iterations globally, but India only gets the electric version, for now. Incidentally, the Countryman Electric shares its underpinnings with the BMW iX1, which is its most direct… Continue reading Mini Countryman Electric priced at Rs 54.90 lakh
German Manager Magazine: Northvolt: Battery cell manufacturer in crisis restructures board003453
Recently, things have been anything but smooth for the Swedish battery cell manufacturer Northvolt. The group under co-founder and CEO Peter Carlsson (53) lost one BMW-Contract worth 2 billion euros; manager magazine reported exclusively about it. The reasoning was serious: the quality of the cells was not yet stable enough and the delivery date had… Continue reading German Manager Magazine: Northvolt: Battery cell manufacturer in crisis restructures board003453
Budget 2024: Allocation for roads reassures construction equipment makers, but stocks correct
India’s construction equipment industry could take some relief from the Union Budget unveiled today as it kept the allocation for Ministry of Road Transport and Highways’ allocation largely unchanged from the interim budget. There had been speculation the government would swerve towards the rural economy and welfare programs as a reaction to the ruling party’s… Continue reading Budget 2024: Allocation for roads reassures construction equipment makers, but stocks correct
Budget 2024: Allocation for roads reassures construction equipment makers, but stocks correct
India’s construction equipment industry could take some relief from the Union Budget unveiled today as it kept the allocation for Ministry of Road Transport and Highways’ allocation largely unchanged from the interim budget. There had been speculation the government would swerve towards the rural economy and welfare programs as a reaction to the ruling party’s… Continue reading Budget 2024: Allocation for roads reassures construction equipment makers, but stocks correct
Standard Motor Products Introduces 335 New Numbers
Key Takeaways – Fuel Injection is one of several engine system categories that see continued expansion – Standard® has introduced 25 new ABS Sensors and eight Park Assist Cameras for import and domestic vehicles – Four Seasons® has introduced new numbers in key categories like Hose Assemblies, Reman Compressors and Air Door Actuators NEW YORK, July 22,… Continue reading Standard Motor Products Introduces 335 New Numbers
ZEV mandate targets slip out of reach for major brands
Car makers including Renault, Volkswagen, Land Rover, Ford and Toyota are falling far behind targets for the UK’s ZEV mandate, which requires 22% of this year’s sales to be of zero-emission models. Those manufacturers ahead of target include Cupra, MG, Subaru, BMW, Volvo and Jeep, while all-electric brands such as Tesla, BYD and Polestar will… Continue reading ZEV mandate targets slip out of reach for major brands
Why Tesla’s big bet on gigacasting has other EV makers reimagining their factories
In the race to make EVs cheaper and more profitable, companies are pulling just about every lever they can. But while improving battery technology often hogs the spotlight, automakers are investing heavily into changing how the rest of the car is made. One such method is megacasting, or gigacasting, as Tesla calls it. Gigacasting is… Continue reading Why Tesla’s big bet on gigacasting has other EV makers reimagining their factories
German FAZ: Tachograph 007301
Paris Auto Show with German BrandsGerman car manufacturers are returning to Paris: In addition to VW and Audi, BMW also wants to be represented at the auto show in the fall (October 14th to 20th), as “Automotive News” reports. Another strong-selling brand, Skoda, is making a comeback. Other participants include the French brands Citroen, DS,… Continue reading German FAZ: Tachograph 007301