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Toyota Motor Corporation To Build New Plant In Aurangabad, Production To Begin In H1 2029
May 11, 2026
The plant will have a production capacity of 100,000 units per year and will employ approximately 2,800 people. It is set to produce Toyota Motor Corporation’s new SUV with the facility capable of stamping, welding, painting and assembly processes.
MT Bureau
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Prime Minister Narendra Modi Urges To Cut Down On Petrol, Diesel Usage
May 11, 2026
He emphasised that India’s automotive sector is central to navigating current geopolitical headwinds and highlighted the ‘unprecedented progress’ in ethanol blending, positioning it as a cornerstone of India’s sequential energy diversification str
MT Bureau
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India Gets First LiDAR-Based No-Stop Tolling On National Highways
May 11, 2026
The deployment, a partnership between the National Highways Authority of India (NHAI) and Cron AI, uses LiDAR-based real-time detection to identify and classify vehicles.
MT Bureau
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Opel Announces All-Electric C-SUV Development With Leapmotor
May 11, 2026
The project aims to reduce development time to less than two years by utilising Leapmotor’s electric architecture and battery technology.
MT Bureau
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Porsche To Shut 3 Subsidiaries In Strategic Realignment
May 11, 2026
The move comes following the sale of its stakes in Bugatti Rimac and the Rimac Group.
MT Bureau
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Daimler Truck Inducts, Wayne Eyre, Claudia Nemat, Brita Seeger And Vipin Sondhi To Its Supervisory Board
May 09, 2026
Daimler Truck shareholders also backed the ‘Remuneration System 2027+’, which aligns executive pay with the company’s ‘Stronger 2030’ strategy. The new framework, effective from FY2027, emphasises share-based long-term compensation and ESG-relat
MT Bureau
