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The latest data from the Society of Indian Automobile Manufacturers (SIAM) has stated that the auto industry downturn in India continues for nine consecutive months. The sale of Passenger Vehicles declined by 23.54 percent in April-August 2019 over the same period last year. Within the Passenger Vehicles, the sales for Passenger Cars, Utility Vehicle & […]
With the successful development of BS-VI vehicles Daimler India Commercial Vehicles (DICV) has been made the global export hub for BS-VI (Euro-6 equivalent) vehicles by its parent company Daimler Trucks and Buses. DICV will begin exporting its OM926 engine series internationally by 2021/22. The DICV Oragadam plant which manufactures the vehicles is the only Daimler […]
Autodesk University India 2019 has showcased the role of automation in the Future of Making, fueled by modern technologies like generative design and building information modelling (BIM). The event with the theme ‘Future of Making’ was held in Bengaluru on September 5, 2019, and was attended by over 2000 delegates. The event started with the […]
Continental has acquired a minority stake in Israeli artificial intelligence start-up Cartica AI for an undisclosed amount. Cartica AI develops algorithms to accelerate machine learning. Continental already uses technologies from the field of artificial intelligence for object recognition in advanced driver assistance systems. The sensor data and images are used to identify road traffic objects […]
Schaeffler India has opened its new India headquarters in Pune, India. Following the completion of merger of three legal entities in India, the new office is a key milestone towards integrating and establishing one strong entity. Dharmesh Arora – CEO Schaeffler India said, “This is a significant milestone as we continue our One Schaeffler India […]
Ras Al Khaimah Economic Zone (RAKEZ) has recently added another giant Indian conglomerate to its client portfolio – Motherson Sumi Systems Ltd (MSSL), one of the global leaders in the field of automotive wire manufacturing. MSSL’s RAKEZ-registered subsidiary, Motherson PKC Harness Systems FZ- LLC, is set to produce a broad portfolio of products including wiring […]
Society of Indian Automobile Manufacturers (SIAM) has Welcomed Indian Finance Minister Nirmala Sitharaman’s second set of announcements for reviving growth to become a five trillion economy. “A robust banking system is a necessity for the growth of an economy. PSB consolidation, growth-oriented recapitalisation and governance reforms are all progressive decisions to strengthen the banking system and give […]
International Centre for Automotive Technology of India (ICAT) has signed a memorandum of understanding (MoU) with Renault Nissan Technology and Business Centre India (RNTBCI) for In-Depth Data collection of Road Traffic Accidents. The project aims to reduce traffic fatality by scientifically understanding the factors involved in serious and fatal accidents in India. The project will […]
Mobil India has appointed wrestling champion Bajrang Punia as the new brand ambassador for its commercial vehicle lubricants’ segment. Having begun wrestling at the age of eight, Bajrang Punia is currently the reigning Indian champion and is world number one in the men’s 65 kg freestyle category. In 2018, he won gold medals in the Commonwealth […]
Hero Electric has launched its new electric scooter – The Dash for Rs 62,000 in India. The brand also showcased the Extended Range variants of the Optima and Nyx widening its range of heavy-duty and high-speed electric scooters in India. The Optima ER and Nyx ER are now available across all Hero Electric dealerships for […]
