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Business Uncategorized

GKN Driveline selected as driveline partner for all-new Volvo XC90

GKN Driveline has worked with Volvo Cars as a development partner on the front-wheel drive and all-wheel drive (AWD) drivelines of the all-new Volvo XC90, which has recently hit UK

Business Uncategorized

Bizongo.in a tech efficient B2B platform for Chemicals and Plastics industry

Make way for the new player bizongo.in, an e-commerce market place for industrial goods with its focus on chemical and plastics industry.  This Mumbai-based company plans to make industrial buying

Business Uncategorized

Tata Motors continues its growth trajectory in May 2015

Tata Motors exports saw a strong growth of 47% in May 2015 Passenger cars grew by 32%, largely led by Zest and Bolt sales M&HCVs grew by 17% in May

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Isuzu Motors India signs a MoU with Government of Andhra Pradesh

IMI and GoAP to facilitate auto component companies to invest in the state under Automobile and Auto Component Policy 2015-20. Seven IMI nominated auto component suppliers sign MoU with the

Business Uncategorized

Bosch Limited registers growth of 7.1% in India

Net sales and income from operations grew by 7.1 percent over preceding 12 months Profit After Tax (PAT) grew by 6.3 percent for the 12 months period ended March 2015

Business Uncategorized

MSSL gets biggest ever order from Daimler

Large orders for interior and exterior systems for various new Mercedes-Benz vehicle generations Decision to build 2 new factories – in USA and in Hungary Motherson receives Daimler Supplier Award

Business Joint Venture Uncategorized

TRW signs definitive agreement to divest its linkage and suspension business

TRW Automotive Holdings Corp. recently announced that its subsidiary, TRW Automotive Inc., signed a definitive agreement to divest its Linkage and Suspension business for$400 million in cash, subject to working

Business Uncategorized

Magna announces agreement to sell interiors operations

Magna International Inc. recently announced that it has signed an agreement to sell substantially all of its interiors operations to Grupo Antolin, a leading global supplier of automotive interior systems.

Business Joint Venture Uncategorized

Castrol EDGE and Audi extend partnership in the DTM

The partnership between Castrol EDGE and Audi got off to a more than promising start in the 2014 Deutsche Tourenwagen Masters (DTM). The Ingolstadt-based manufacturer’s cars, filled with Castrol EDGE,

Business Expansion Uncategorized

Ford announces $2.5 billion investment for new engine, transmission plants in mexico

Ford is investing $2.5 billion USD in new engine and transmission plants in the Mexican states of Chihuahua and Guanajuato, respectively Approximately 3,800 direct jobs will be generated through three