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Kentucky’s Battery Capital Dream Stalls, 1,600 Laid Off at BlueOval SK
February 23, 2026
The 1,500-acre site was positioned in mid-2025 as the crown jewel of Kentucky's economic development, promised to be a ‘lifeline’ for the region's workforce. However, by December, the optimism vanished as Ford and SK On dissolved their partnership. Fo
MT Bureau
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Pascal Daloz Succeeds Bernard Charles As Chairman & CEO Of Dassault Systemes
February 23, 2026
The Board has unanimously appointed Pascal Daloz, the company’s current Chief Executive Officer, to the dual role of Chairman and CEO. The transition, effective from 21 February 2026, follows the recommendation of the Compensation and Nomination Committ
MT Bureau
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Skoda Auto Volkswagen India Begins Production Of New Skoda Kushaq At Pune Facility
February 23, 2026
Originally launched as the first model under this strategy, the Kushaq contributed to the Group’s sales of 117,000 units in 2025. The updated version follows its world premiere in January 2026, with customer deliveries scheduled to begin in March.
MT Bureau
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India Launches New Delhi Road Safety Declaration At IIT Delhi
February 23, 2026
The confluence identified systemic gaps, including under-utilised crash data, fragmented accountability across agencies and inadequate emergency response integration.
MT Bureau
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Garrett Motion Secures First Serial Award For Centrifugal Compressor From China's Cling
February 22, 2026
The partnership aims to establish new standards for thermal management in the commercial vehicle segment. The compressor architecture is designed for automotive-grade production and is scalable for both EV deployment and industrial applications.
MT Bureau
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TASARU Supplier Hub Secures Five Global Tier-1 Suppliers For Saudi Automotive Sector
February 22, 2026
TASARU Mobility Investments, a PIF company, launched the hub to attract suppliers and support production for Original Equipment Manufacturers (OEMs) such as Lucid Motors and CEER, the Saudi electric vehicle brand.
MT Bureau
