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ZF Friedrichshafen Appoints Sebastian Schmitt To Board Of Management
July 30, 2026
Schmitt joined ZF in 2000 after graduating in industrial engineering from TU Ilmenau. Prior to his appointment to lead the Electrified Powertrain Technology division in November 2025, he managed the Electrified Powertrain Systems product line, held a post
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Eicher Motors Clock INR 15 Billion Net Profit For Q1 FY27, New INR 12 Billion Greenfield Facility In Andhra Pradesh
July 29, 2026
The company's earnings before interest, tax, depreciation, and amortisation (EBITDA) rose 32 percent YoY to INR 15.91 billion from INR 12.03 billion in Q1 FY26; consolidated net profit grew 21 percent YoY to INR 14.63 billion from INR 12.05 billion a year
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KPMG Global Tech Report 2026 Outlines Automotive Focus on AI, Data Resilience, and Scale
July 29, 2026
The report surveyed 258 technology executives across 22 countries, representing original equipment manufacturers (OEMs), commercial vehicle manufacturers, Tier 1 suppliers, technology component vendors, and mobility providers with annual revenues exceedin
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Stellantis to Sell Free2move Car-Sharing Business To Mutares
July 29, 2026
Free2move operates free-floating short- and long-term car-sharing services across 14 cities in Europe and the United States via a mobile application platform.
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ZF CVCS India Secures ESC Supply Deals With Three Major Truck Makers
July 28, 2026
ZF Commercial Vehicle Control Systems India Limited (ZF CVCS India) has finalised multi-year supply agreements with three major Indian truck manufacturers for its ESCsmart Electronic Stability Control (ESC) solution. The deals cover 12-volt and 24-volt ar
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Omega Seiki Mobility Secures Strategic Funding
July 26, 2026
The funds will be deployed to expand manufacturing capacity at production facilities in Faridabad and Pune, strengthen research and development, enhance the dealer network and accelerate electric mobility solutions following Delhi's EV Policy 2026.
