Pritika Auto Industries, a precision machined components manufacturer for the tractor and heavy commercial vehicles, has bagged a multi-year order from a leading multinational tractor manufacturer in India.

The company is set to supply – differential housing assembly, front cover CCF and link top link crank to the tractor manufacturer. The order will contribute INR 25 million per annum to the company’s topline.

At present, the company counts the likes of Escorts Kubota, Tractor & Farm Equipment, Mahindra & Mahindra, Ashok Leyland, Tafe Motors, Brakes India and SML Isuzu among others as its top clients.

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Euler Motors has announced a strategic partnership with Annapurna Finance to expand financing options for electric commercial vehicles (EVs), specifically targeting semi-urban and rural markets in India.

Annapurna Finance joins Euler Motors’ network of over 15 financing partners, offering customised loan solutions for the manufacturer's range of electric three-wheelers and four-wheelers.

The collaboration focuses on fleet operators, small businesses and last-mile entrepreneurs who have traditionally remained outside the mainstream lending ecosystem.

The partnership aims to leverage the unique strengths of both organisations to bridge the credit gap in the commercial EV sector. They will focus on micro-entrepreneurs and MSMEs in underserved regions where formal credit access is often limited. By using Euler Motors’ data-driven insights into vehicle performance and battery health, Annapurna Finance can perform more accurate risk assessments on EV assets.

The initiative aims to improve the unit economics for small operators by providing affordable financing that aligns with the higher uptime and lower operating costs of electric vehicles.

Rohit Gattani, VP of Growth & Vehicle Financing, Euler Motors, said, “Financing remains one of the most critical levers for EV adoption in the commercial segment, especially in markets where access to formal credit is limited. As demand scales, the real unlock lies in reaching operators who have the intent to transition but remain outside traditional lending ecosystems. Annapurna Finance brings a strong, on-ground understanding of these customer segments, particularly in semi-urban and rural markets, which will allow us to extend EV access far more meaningfully. This partnership is about going beyond availability of credit to enabling real participation in the EV economy, with stronger unit economics and more predictable earnings for small businesses and fleet operators.”

Asish Mishra, Head of Product, Annapurna Finance, said, “At Annapurna Finance, our focus has always been on expanding access to credit for segments that are often overlooked by mainstream financial systems. With EVs emerging as a viable pathway for income generation, this partnership comes at a critical time. Euler Motors’ strong product engineering and real-world performance focus give us confidence in the asset itself, which is fundamental to enabling sustainable financing. For our customers, this translates into higher vehicle uptime, better operating efficiency, and ultimately more stable and improved earnings over the long term. We see this as a meaningful step towards building both financial inclusion and clean mobility at scale.

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Tarmac, a CRH company and one of United Kingdom’s leading sustainable building materials and construction solutions business, has reported a significant decrease in road incidents and operational costs following the first 12 months of a safety technology partnership with Motormax and Geotab.

The company operates a diverse fleet of over 2,000 vehicles including trucks, vans and plant equipment, deployed a multi-camera system integrated with the MyGeotab platform.

This ‘single pane of glass’ view allows transport teams to access telematics data and high-quality video footage simultaneously, providing evidence for incident reporting and targeted driver training.

The implementation has delivered measurable improvements across safety and financial metrics including 30 percent decrease in driver-fault collisions and a 50 percent reduction in ‘pulling out’ incidents. The proportion of high and medium-risk drivers fell from 40 percent to 6.5 percent.

Tarmac claims it achieved a 30 percent YoY saving in collision repair costs, while fuel economy improved by 25 percent across the van fleet due to better driving behaviours. Speeding incidents per 1,000 miles also halved since May 2023.

The technology has streamlined collaboration with Tarmac’s insurer, AXA. By training the insurance claims team to use the system, the company has accelerated claims resolution and improved liability decisions. Based on these results, the insurer has provided a bursary that Tarmac is reinvesting into multi-camera technology for all new vehicles.

Jonathan Meddings, Fleet Risk & Compliance Manager, Tarmac, said, “The integration allows managers to view telematics data and high-quality camera footage in a single platform, accelerating decision-making and streamlining fleet operations. As a result, we have already seen significant cost savings.”

Beyond safety, the platform supports wider business functions including HMRC Compliance – accurate reporting of personal mileage usage. Improved mileage capture for lease vehicles and the optimisation of vehicle types to ensure higher-cost 4x4s are only used when necessary.

Tarmac uses the data to reward safe driving through its ‘100 Club’ initiative, which recognises drivers who maintain perfect scores over 300 miles in a month.

The integration of fleet safety data into monthly management packs has elevated road safety from a compliance task to a core operational discipline with clear accountability.

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Swedish automotive major Volvo Group has announced that Stephen Roy, President of Mack Trucks and head of Group Trucks North America, will retire after nearly 25 years with the company.

He will be succeeded by Wilson Lirmann, the Current Head of Volvo Trucks Latin America, effective 1 August 2026.

Roy has held various senior leadership positions across Volvo’s truck and construction equipment divisions. During his three-year tenure as President of Mack Trucks, he is credited with establishing a foundation for the brand's growth in the North American market.

Lirmann brings around 10 years of experience as the leader of Volvo’s Latin American business. His background includes multiple roles within the truck division, where he has focused on operational efficiency and market expansion in South America.

Martin Lundstedt, President and CEO, Volvo Group, said, “I am deeply grateful for Stephen’s contributions over the years. In his different roles, Stephen has driven the platform for continued growth in North America, reinforcing our regional strategy and setting us up well for the next phase.”

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Scania Commercial Vehicle India (SCVI) has inaugurated its new corporate office in Bengaluru, marking a significant milestone in strengthening its footprint in the country in the presence of Jan Thesleff, Ambassador of Sweden to India. Also present were Silvio Munhoz, Managing Director, Scania Commercial Vehicles India Pvt Ltd; Martin Stahlberg, Senior Vice President Asia and Oceania at Scania CV AB; senior Scania leaders; key customers; dealer partners, and senior members from Business Sweden and finance partners.
Reinforcing its long-term commitment to India, the new office in Bengaluru follows the launch of Scani Super and the announcement of the White label financing programme in partnership with Axis Bank, which is aimed at providing customers with accessible and competitive financing solutions for purchasing Scania trucks in India.
Confirming that its Regional Product Centre (RPC) in Narasapura will remain fully operational with end-to-end capabilities and support customers with tailored solutions across key segments, SCVI officials mentioned that the recently developments leading up to the inauguration of the office in downtown Bengaluru reflect the Swedish commercial vehicle manufacturer’s continued focus on expanding its presence in India, strengthening its ecosystem and building a more locally anchored and responsive business to meet evolving customer needs.
With uptime, efficiency and business resilience impetus rising, Scania is aiming for greater agility and shorter response times. It is strengthening its market presence and the support ecosystem around customers. The Bengaluru office will play a key role there, enabling stronger collaboration, faster decision-making and superior customer engagement. It will also play a vital role in dealer engagement, engagement with financial institutions and other stakeholders. 
The Bengaluru office will also serve a hub to attract and nurture a strong talent pool, bring together skilled professionals who will drive innovation, operational excellence and long-term growth for the company in India.
Ambassador Thesleff expressed that it is a pleasure to witness this important milestone for Scania in India. “The inauguration of the new Bengaluru office reflects not only Scania’s continued commitment to the market but also a strong vote of confidence in India’s growth and long-term potential,” he added.
Reflecting on Sweden and India sharing a deep and expanding partnership, building a collaborative atmosphere across trades and in innovation and sustainability, Thesleff said, “The new Scania office in Bengaluru underscores the Swedish manufacturer’s focus on future-ready mobility solutions and sustainable development as well.” 
Munhoz stated that India is a strategically important market for Scania and the focus is on building a business that is closer to customers, is faster in response and stronger in execution. 
“The new Bengaluru office not only enhances our ability to collaborate more closely with customers and partners but also strengthens our access to a highly skilled talent pool, enabling us to build a future-ready organisation,” he added. 
Martin Stahlberg, Senior Vice President Asia and Oceania at Scania CV AB, articulated, “From a global perspective, India represents a key market for Scania’s long-term growth and capability development. The inauguration of our Bengaluru office reflects our commitment to strengthening our local presence while enhancing how we support customers and partners in the region.” “This milestone reinforces our focus on building sustainable capabilities and delivering long-term value in markets that are central to Scania’s global growth journey,” he stressed. 
Located in the heart of Bengaluru, the Scania office in Bengaluru will serve as a hub for key functions, supporting closer coordination across teams and enabling greater agility and responsiveness in a market that continues to be central to Scania’s regional ambitions.
The new office was inaugurated in the presence of senior Scania leadership, key customers, dealer partners, senior members from Business Sweden and finance partners. Designed in line with the Scania Way and Swedish open work culture, the office features collaborative layouts, functional design, and sustainability-focused elements such as energy-efficient lighting, climate control systems, and the use of sustainable and recyclable materials where feasible.
 

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