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Marelli Appoints Laurent Favre As CEO Following Chapter 11 Restructuring
November 05, 2026
Favre takes over leadership as the company prepares to complete its Chapter 11 restructuring process.
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Toyota Restructures Global Operations, Creates Dedicated India & Middle East Region
November 05, 2026
Masakazu Yoshimura will continue to lead the India & Middle East Region as its Chief Executive Officer, having previously headed the combined regional operations.
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Axis Bank Announces Festive Offers For Automotive Loans
November 05, 2026
Auto loan provisions include 30-minute instant disbursement, a 50 percent reduction in processing fees, a 10 basis points interest rate discount on select electric vehicle models, financing of up to 100 percent of on-road prices, loan tenures of up to eig
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India’s First Ease of Vehicle Ownership Index Released: Andhra Pradesh Tops, Uttar Pradesh Last
November 04, 2026
IndiaTech.org has released India’s first Ease of Vehicle Ownership Index (EVOI), in partnership with Consumer VOICE, with Andhra Pradesh topping the rankings at 5.91 out of 10. Kerala ranked second at 5.74, while Uttar Pradesh finished last at 2.47, beh
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Schaeffler Launches Performance Improvement Programme With 3,460 Job Cuts In Europe
November 04, 2026
The plan involves a net reduction of 3,460 positions across Europe, with approximately 2,660 cuts located in Germany, representing 9 percent of its domestic core workforce by 2028.
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Sandeep Bhambra Appointed Head Of Design For Citroen And DS Automobiles
November 02, 2026
Bhambra succeeds Pierre Leclercq at Citroen and Thierry Metroz at DS Automobiles, reporting directly to Gilles Vidal, Head of Design for Stellantis European brands. He will also join the management teams of both brands under Xavier Chardon, CEO of Citroen
