Press Release

CRISIL Ratings

Press Release Production volume growth of tyre makers seen halving to 6-8% Operating margin to recover from a 10-year low of last fiscal; capex to be stepped up Production volume growth at tyre companies is set to halve to 6-8% this fiscal to ~2.5 million tonnes, compared with 12-14% last fiscal. Demand will be driven by segments such as replacement,[Read More…]

by May 13, 2022 Press Release
Pinnacle Industries introduces a new range of advanced Railway Seating Systems

Pinnacle Industries introduces a new range of advanced Railway Seating Systems

Press Release Pinnacle Industries introduces a new range of advanced Railway Seating Systems – Targets to offer Safer, Comfortable and World Class Aesthetic Seats The company will showcase its latest railway seating range & capabilities at the ‘Madhya Pradesh Auto Show 2022’ from April 28 to April 30, 2022, at Super Corridor Square near Indore Airport & National Automotive Test[Read More…]

by April 28, 2022 Press Release
Altair Startup Challenge 2021

Altair Startup Challenge 2021

Press Release Altair and Startup India Announce Launch of Altair Startup Challenge 2022 and Winners of Altair Startup Challenge 2021 Altair Startup Challenge 2021 received 156 applications Eight finalists awarded mentorship and technology access Top three winners received cash awards  Altair (Nasdaq: ALTR), a global leader in computational science and artificial intelligence (AI), announced the launch of Altair Startup Challenge 2022, continuing Altair’s collaboration[Read More…]

by April 4, 2022 Press Release

BorgWarner Completes Acquisition of Santroll’s Light Vehicle eMotor Business

Expected to strengthen electric propulsion systems leadership Complementary, market leading vertical integration capabilities BorgWarner Inc. today announced that it has completed its acquisition of Santroll Automotive Components, a carve-out of Santroll’s eMotor business. The acquisition is expected to strengthen BorgWarner’s vertical integration, scale, and portfolio breadth in light vehicle e-motors while allowing for increased speed to market. “We are pleased[Read More…]

by April 4, 2022 Press Release

Mobility Social Impact Awards

Press release Bridgestone India Announces Winners of Mobility Social Impact Awards The Award Recognises dedication to safe and smart mobility solutions across Healthcare & Nutrition, Livelihoods, Education and Social Inclusion The total price money is of Rs 30 lakhs Bridgestone India today announced the winners of its Mobility Social Impact Awards. These awards identify, recognize and promote mobility innovations through[Read More…]

by February 22, 2022 Press Release
BYD Blade Battery for eMPVs

BYD Blade Battery for eMPVs

Press Release BYD Blade Battery Powers All-New e6 in India: All Set to Redefine Battery Safety and Single-charge Range Standards BYD (Build Your Dreams) India, a subsidiary of the Warren Buffett-backed EV maker BYD, the global pioneer and one of the world’s largest new energy vehicle maker, announced that their All-New e6, India’s first premium eMPV launched recently in India[Read More…]

by February 22, 2022 Press Release
Motherson partners with Valeo

Motherson partners with Valeo

Press Release Motherson and Valeo sign a partnership to create the automotive interior of the future Samvardhana Motherson Automotive Systems Group BV (SMRP BV), a Motherson company, and Valeo have signed a Memorandum of Understanding (“MOU”) which aims to create the automotive vehicle interior of the future through the integration of lighting systems with advanced surface finishes. Valeo’s innovative lighting[Read More…]

by February 22, 2022 Press Release

BorgWarner Completes Acquisition of AKASOL AG

Press Release Expands Commercial Vehicle and Industrial Application Capabilities Accelerates business in Fast-Growing Commercial Vehicle and Off-Highway Battery Pack Market BorgWarner Inc. (NYSE: BWA) today announced that it has completed its acquisition of AKASOL AG. The combination of BorgWarner and AKASOL is expected to significantly strengthen the company’s commercial vehicle and industrial electrification capabilities, which positions the company to capitalize on[Read More…]

by February 16, 2022 Newscast, Press Release
Detroit Engineered Products awarded a patent for “ConceptWorks”

Detroit Engineered Products awarded a patent for “ConceptWorks”

Press Release Detroit Engineered Products (DEP) awarded a patent for “ConceptWorks”, a unique automated modeling tool. Detroit Engineered Products (DEP), creators of the MeshWorks, an integrated CAE platform has been awarded a patent by the United States Patent and Trademark Office (USPTO) for its revolutionary automated modeling tool ConceptWorks, the latest addition to their CAE legacy.  With reference to ConceptWorks, its[Read More…]

by February 16, 2022 Press Release, Web Exclusive
Onboard video systems – Hikvision India

Onboard video systems – Hikvision India

Press Release Onboard video systems can increase vehicle and road safety Mumbai, February 2: Every year, a large number of traffic incidents and crashes occur worldwide. According to the World Health Organization (WHO), approximately 1.3 million people die each year as a result of road traffic crashes. There are many factors leading to this: road infrastructure, road users, vehicle speeds,[Read More…]

by February 4, 2022 Newscast, Press Release