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Technology Uncategorized

First hydrogen station with two types of refuelling technology

It is now possible to drive by fuel cell-powered car all the way from southern Germany to Lake Garda in Italy. The opening of the hydrogen station in Munich’s Detmoldstrasse

Acquisition Uncategorized

MAGNA enters into agreement to acquire Getrag

Magna International Inc. recently announced that it has signed an agreement to acquire the Getrag Group of Companies (“Getrag”), one of the world’s largest suppliers of automotive transmissions. Getrag has an 80-year history

Business Uncategorized

Volvo Buses announces global export plans; India made bus for Europe to be unveiled this year

First bus company from India to cater to European market; Aligns with central government’s ‘Make in India’ initiative With the objective to leverage its manufacturing presence in Asia, Volvo Buses

Bearings Uncategorized

New two-in-one bearing lubricator from Schaeffler

Precision bearing manufacturer Schaeffler has launched a two-point lubricator for rolling bearings. The system provides two separate lubrication points that can be individually adjusted to supply bearings with varying lubricant

Business Uncategorized

GM Invests $1.4 Billion as its largest single plant investment for Arlington Plant Upgrades

In its largest single plant investment in the U.S. this year, General Motors announced recently $1.4 billion for a range of improvements to its Arlington Assembly Plant to more competitively

Acquisition Uncategorized

BorgWarner enters into agreement to acquire Remy International

BorgWarner announced today that it has entered into a definitive agreement to acquire Remy International, Inc. (Remy), a global market leading producer of rotating electrical components. With key technologies and

Acquisition Uncategorized

Volvo Cars buys 100 per cent of Polestar

Volvo Cars, the premium car maker, has acquired 100 per cent of Polestar, the Swedish high performance car company, including the Polestar brand. Polestar will now be used as the

Two Wheeler Uncategorized

Yamaha strengthens its scooter line up with the All New Fascino

India Yamaha Motor Pvt. Ltd. (IYM), recently announced the launch of its fascinating new scooter ‘Fascino’ – a new fashionable scooter with the concept “Rich & Classy Modern Retro” design

Acquisition Uncategorized

Federal-Mogul Powertrain Acquires TRW Engine Components Operations

Federal-Mogul Powertrain, a division of Federal-Mogul Holdings Corporation, recently  announced that it purchased TRW’s ownership shares in two engine components joint ventures, completing its acquisition of TRW’s Engine Components business.

Business Uncategorized

Tata Motors awarded contract for 1239 nos. of multi-axle vehicles from the Indian Army

Order received for 6X6 High-Mobility Vehicles with Material Handling Cranes Designed to cope with extreme on and off-road loads on a capable platform used in diverse fields of applications and