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Uno Minda Commits INR 2 Billion To Setup 2W Allow Wheel Manufacturing Facility In Bawal
May 08, 2025
The facility, expected to commence operations in Q2 of FY2027, will produce around 1.5 million alloy wheels annually and is aimed at catering to recently secured orders and rising market demand.
MT Bureau
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BorgWarner Bags Order For 400-Volt HVCH System From Global OEM
May 07, 2025
The 400V HVCH provides a compact and flexible design, which supports a wide variety of vehicle designs for OEMs, thus doing away with the need for a major overhaul on the vehicle platforms.
MT Bureau
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Arvind Chandra Appointed CEO For Tenneco India
May 06, 2025
The company said Chandra comes with several decades of experience in the automotive sector, having held senior leadership positions at Delphi, Wabco, Faurecia (now Forvia) and Minda Corporation.
MT Bureau
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Valeo Posts EUR 5.3 Billion In Q1 Sales, Reaffirms 2025 Targets Despite Global Headwinds
May 05, 2025
The company is targeting a 5 percent reduction in administrative and selling costs and a 15 percent cut in investments for property, plant, equipment and intangible assets in the first half of 2025 compared to the same period last year.
MT Bureau
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Sundram Fasteners Reports Record Q4 And FY25 Results Driven By Export Growth And Domestic Demand
May 01, 2025
During the year, Sundram Fasteners incurred a CAPEX of INR 3.7 billion towards capacity expansion and new projects across internal combustion engine vehicles (ICE), plug-in hybrids and electric vehicles.
MT Bureau
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UNO Minda Commits INR 4.23 Billion New Greenfield Plant For Manufacturing EV Powertrain For PVs & CVs
April 30, 2025
UNO Minda Auto Innovations, a subsidiary of the company, will execute the project, which subsequently will be converted into a joint venture company with Suzhou Inovance Automotive (Inovance Automotive).
MT Bureau