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Eicher Motors, Volvo Group Announce New JV For Financial Services In India
May 21, 2026
The partnership will be established through EML acquiring a 50 percent stake in Volvo Financial Services (VFS) India. Eicher Motors' board has approved an investment of up to INR 7.5 billion to subscribe to the equity stake. The exact investment amount wi
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Stellantis Unveils STLA One Global Modular Vehicle Architecture
May 21, 2026
The platform is claimed to be engineered to deliver a 20 percent improvement in cost efficiency through design modularity, increased component reuse and strategic battery technology choices.
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MINI India Expands Into Jharkhand With New Ranchi Dealership
May 21, 2026
The dealership utilises the BMW Group’s 'Retail.NEXT' immersive concept, focusing on a customer-centric environment that integrates modern architecture with digital tools.
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Hyundai Motor Group Showcases Hydrogen Ecosystem Vision At World Hydrogen Summit
May 21, 2026
The exhibition centres on the Group’s hydrogen brand and business platform, HTWO, and features the all-new NEXO, which serves as the successor to the company's fuel cell electric vehicle (FCEV). This model represents the Group's continued development in
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MANN+HUMMEL Opens Global Technology & Innovation Center In Karnataka, Plots INR 1 Billion Investment Too
May 21, 2026
The centre integrates research laboratories, testing infrastructure, digital engineering and data analytics. The company intends for this site to function as an innovation engine, leveraging India's engineering talent to shorten development timelines.
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Bosch, Brakes India and Wheels India Form JV For Commercial Vehicle Air Systems
May 21, 2026
The joint venture will concentrate on the engineering, manufacturing and sales of electronically controlled and software-driven modules. The product portfolio will include systems for – air compression, air processing, air suspension and air parking bra
