Page 3 - Automotive

Auto interior component maker IAC opens global engineering center in Pune

Center to focus on application development engineering to support Indian & global customers programs

Leading OEM selects Tata Elxsi's Autonomai for driverless car program

Autonomai platform provides carmakers & tier 1 auto suppliers with comprehensive & modular solution

Automated vehicles leading to sustainable development through IoT

Connected cars will help in heralding a new era of eco-friendly transportation

Piramal Finance invests Rs 565 in two auto component companies

It has invested Rs 275 crores and Rs 290 crores in RSB Group and Indoshell Mould, respectively

Mahindra unveils growth strategy for electric vehicles business

To invest in globally competitive EV technology, set up charging infrastructure & fleet operations

Talbros divests part of materials business assets to Interface Performance

Auto component firm has also entered into a raw material sourcing pact with the US-based Interface

Volvo Cars aims to double marketshare in India's premium segment by 2020

The Swedish car maker will start assembly operations in the country for its XC90 premium SUV in 2017

Minda Group forms JV with Taiwan's Tung Thih Electronic for auto parts

JV will set up greenfield facility in NCR to manufacture automotive electronics

South Korea's Kia Motors to invest $1.1 bn to set up facility in India

Facility is expected to begin production in 2019, with an annual capacity of 300,000 units

Suzuki, Toshiba & Denso plan to make auto lithium-ion battery in India

Three Japanese companies are expected to invest Yen 20 bn (about Rs 1180 crore) to set up a facility

Toyota to invest $1.33 bn for setting up automotive plant in Kentucky

This investment is part of Toyota's plan to invest $ 10 billion in the US over the next five years

Ford Motor plans to use 3D printing technology for making large auto parts

With light-weighting & personalisation in mind, Ford to use Stratasys 3D printer for this project

Sundaram-Clayton to invest Rs 750 cr for expansion in India and US

The auto component maker will spend Rs 350 cr to set up its first overseas manufacturing unit in US

Subros bags order to supply AC kits from Indian Railways

The company will supply 360 kits to Indian Railways' Diesel Locomotive Works (DLW), Varanasi

Japan's JTEKT buys out Sona Group in their steering JV

Indian auto component maker sold its 25.12% in Sona Koyo Steering Systems to its Japanese partner

Japan's Seiken Chemical joins hand with Anand Group for coolants

Collaboration will ease entry of Anand Group into Japanese automotive OEMs in India

Motherson Sumi buys Finnish wiring harness maker PKC for € 571 mn

It will help MSSL expand its presence in the global wiring harness market for commercial vehicles

Exide Industries opens lead acid storage batteries making plant in Haldia

The Rs 700-crore plant has been built in collaboration with the US-based East Penn Manufacturing

M&M forms JV with PSU firm MSTC for auto shredding plant

The shredding plant will recycle end of life vehicles (ELVs), white goods and other products for the production of ferrous and non-ferrous shredded scarp

KPIT buys stake in German engineering services firm MicroFuzzy

This partnership will strengthen KPIT's position in the automotive engineering domain and bolsters its presence in Germany