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BASF Completes Coatings Transaction With Carlyle, Relaunches As Surventis
July 02, 2026
Under the terms of the agreement, BASF retains a 40 percent equity stake in Surventis, which includes the automotive OEM coatings, automotive refinish coatings and surface treatment operations. This transaction, combined with the divestiture of the decora
MT Bureau
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Knorr-Bremse To Showcase Zero-Emission Technologies At IAA Transportation 2026
July 02, 2026
The company is set to showcase Electric Vehicle Motion Control (eVMC), wherein the software is designed to optimise energy recovery through brake control within the Global Scalable Brake Control (GSBC) system.
MT Bureau
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Tata Technologies, Tenneco Expand Strategic Partnership, New $100M Investment Committed
July 02, 2026
The collaboration, which began in 2021, is based at Tata Technologies’ Global Engineering Center in Pune. It focuses on product development and operations through the use of engineering, digital technologies, and AI.
MT Bureau
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Honda Cars India Reports 5,243 Unit Wholesales In June 2026
July 01, 2026
In the domestic market, the company sold 5,243 units and 3,545 units for export, which marks 71.5 percent YoY, when the company sold 4,618 units domestically and exported 506 units.
MT Bureau
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Hero MotoCorp Announces INR 32 Billion Investment In Andhra Pradesh
July 01, 2026
The announcement was made as the company held a foundation stone ceremony for its second Global Parts Centre (GPC) in Tirupati, which involves an investment of Rs 7.5 billion.
MT Bureau
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Rane Madras To Acquire Hindustan Composites’ Friction Business For INR 3.7 Billion
July 01, 2026
The acquired business includes manufacturing plants in Paithan and Bhandara, Maharashtra. The facilities manufacture brake pads, brake linings, clutch facings and brake blocks.
MT Bureau
