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Matel Motion & Energy Solutions Secures INR 1.3 Billion In Series B Funding
August 03, 2026
Founded in 2017, Pune-based Matel develops motors, motor controllers and integrated powertrains for automotive and industrial uses, including electric vehicles, pumping and cooling systems.
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AUMOVIO, BMW Group Settle Brake Dispute And Ink EUR 1 Billion Supply Agreement
July 31, 2026
Under the terms of the settlement, AUMOVIO Germany, a subsidiary of AUMOVIO SE, formerly Continental’s Automotive Group sector, will pay BMW EUR 350 million. The settlement amount will be disbursed in two instalments across the third and fourth quarters
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EuroGroup Laminations Appoints Renzo Argentin As Senior Vice President And COO
July 29, 2026
In his role as COO, Argentin will oversee operational evolution, focusing on process refinement, production efficiency, industrial performance and supply chain management.
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FORVIA Accelerates India Expansion With New Complete Seat Assembly Plant
July 28, 2026
FORVIA has announced a significant expansion of its Indian operations, marked by a new seating programme award that will result in the construction of a dedicated manufacturing plant for complete seat assembly. This new facility will represent the Group
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BorgWarner Secures Chinese OEM Contract For Full-Size SUV Transfer Case
July 27, 2026
BorgWarner has secured a new contract to supply its torque-on-demand transfer case with mechanical lock (Mlock TOD) for a full-size SUV developed by a Chinese automaker. Production is scheduled to commence in the final quarter of 2026.
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BorgWarner Secures Chinese Motorcycle DCT Programme
July 24, 2026
BorgWarner has secured a new dual-clutch transmission (DCT) programme with a Chinese motorcycle manufacturer, with production scheduled to begin in the third quarter of 2027. The integrated systems solution encompasses dual clutches, hydraulic control mod
