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Daimler  Truck  AG  and  Cummins  Inc.  announce  global  plan  for medium  duty  commercial  vehicle  engines

Daimler Truck AG and Cummins Inc. announce global plan for medium duty commercial vehicle engines

Daimler Truck AG and global power leader and independent engine manufacturer Cummins Inc. (NYSE: CMI) announced that the companies have signed a memorandum of understanding establishing a global strategic partnership for medium duty engine systems. The companies added that other opportunities for collaboration are also being evaluated. As part of the planned strategic partnership, Cummins will invest in the further[Read More…]

by March 3, 2021 Newscast, Uncategorized
FADA releases Jan’21 vehicle registration data

FADA releases Jan’21 vehicle registration data

After showing a one-time YoY growth in December, January registrations once again fell by -9.66%. All categories except Tractor were in red. On a YoY basis, 2W, 3W, CV and PV fell by    -8.78%, -51.31%, -25% and -4.46%. Tractor continued its upbeat momentum with a YoY growth of 11.14%. Non-availability of vehicles due to scarcity of semiconductors, a fading pent-up demand[Read More…]

by February 9, 2021 Uncategorized
Five Star Euro NCAP ratings for New Land Rover Defender

Five Star Euro NCAP ratings for New Land Rover Defender

The award-winning New Land Rover Defender has earned another five-star review – this time from the safety experts at Euro NCAP. Land Rover’s most capable and durable model ever has been awarded the maximum five-star rating in the latest round of test results. The Defender family combines state-of-the-art safety features with an ultra-stiff aluminium-intensive body construction engineered to cope with[Read More…]

by December 11, 2020 Newscast, Uncategorized
BorgWarner named 2020 CLEPA Innovation Award winner

BorgWarner named 2020 CLEPA Innovation Award winner

BorgWarner has been awarded an Innovation Award in the Environment category by the CLEPA European Association of Automotive Suppliers for its cooled SiC inverter. The award recognizes outstanding mobility technology achievements among automotive suppliers and was presented during a virtual ceremony on Nov. 25. The company’s winning technology contains a patented silicon carbide power switch, called Viper, for next-generation inverters. The[Read More…]

by December 11, 2020 Newscast, Uncategorized
ACMA’s iAutoConnect 2020 concludes on a high note

ACMA’s iAutoConnect 2020 concludes on a high note

The fifth edition of the iAutoConnect 2020 – International Reverse Buyers Sellers Meet organised by ACMA, under the aegis of the Ministry of Commerce & Industry, Government of India, successfully concluded on December 01, 2020. Held on a virtual platform, the 7-day extravaganza helped the exhibitors to connect with overseas auto component distributors and buyers from several countries. Over 307 international[Read More…]

by December 3, 2020 Newscast, Uncategorized
Toyota Kirloskar Motor bids farewell to Shekar Viswanathan

Toyota Kirloskar Motor bids farewell to Shekar Viswanathan

Toyota Kirloskar Motor (TKM) today announced the retirement of  Shekar Viswanathan effective November 30, 2020. He led TKM as the Vice Chairman and Whole-time Director for over seven years. Mr. Shekar Viswanathan superannuates after an illustrious career of over 20 years with TKM and the Toyota Group in India.  His long tenure and career advancement at Toyota clearly manifests the[Read More…]

by November 30, 2020 Newscast, Uncategorized
Toyota Kirloskar Motor reaches 400 customer touch points

Toyota Kirloskar Motor reaches 400 customer touch points

   Toyota Kirloskar Motor (TKM), today announced that the brand has reached a new milestone of over 400 customer touch points in the country, catering to the newer emerging markets. The strategic expansion is an integral part of the company’s intense commitment towards providing best-in-class products and services to wider customer base, across the country. The company inaugurated its 401st outlet[Read More…]

by November 23, 2020 Uncategorized
DICV opens Global Capability Centre

DICV opens Global Capability Centre

  Daimler India Commercial Vehicles (DICV) today announced the opening of their new Global Capability Centre in Perungudi, Chennai. Covering almost 20,000 square feet and seating up to 165 people, the facility is designed to house the company’s ‘shared services’ business stream. Shared services refers to the various services DICV exports to other Daimler entities around the world, including R&D,[Read More…]

by November 10, 2020 Uncategorized
Reservation for locals impacts the ease of doing business: ACMA

Reservation for locals impacts the ease of doing business: ACMA

  Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s auto component manufacturing industry, today has once again requested the Haryana State Government to reconsider reservation of employment for locals in private enterprises. The Haryana assembly, on November 05, 2020, had passed the ‘Haryana State Employment of Local Candidates Bill’ that mandates 75 percent reservation of factory and[Read More…]

by November 9, 2020 Uncategorized
Altair introduces Altair Material Data Center

Altair introduces Altair Material Data Center

Altair, (Nasdaq: ALTR) a global technology company providing solutions in data analytics, simulation, and high-performance computing (HPC), today announced the launch of the Altair Material Data Center, a modern, comprehensive, and high-fidelity material database for simulation. The Altair Material Data Center includes accurate data and data lineage for metals, plastics, and composites, and directly connects with Altair’s and other major[Read More…]

by October 29, 2020 Uncategorized