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Accuride acquires Mefro Wheels

Accuride acquires Mefro Wheels

Supplier of components to the North American and European commercial vehicle industries, Accuride Corporation has acquired Mefro Wheels GmbH, Germany. Supplying steel wheels to the European and Asian automotive, commercial vehicle and construction and agricultural equipment industries, Mefro wheels operates eight manufacturing facilities in Europe and Asia. Following the European merger-clearance process, the acquisition of Mefro Wheels will present Accuride[Read More…]

by July 27, 2018 News

India’s first automated recycling unit?

India’s first automated vehicle recycling unit went on stream in April 2018 according to industry sources. The unit spread over five acres at Greater Noida, UP, was set by Mahindra & Mahindra through a joint venture with a government owned company MSTC. Capable of recycling not just cars, but also old trucks, buses and consumer durables, the unit was set[Read More…]

by July 27, 2018 News

Adani to enter ebus space

With Goldstone, backed by BYD of China, succeeding to outpace established players in the CV industry to bag orders by quoting far less than others could, Adani Enterprises, claim industry sources, is looking to enter the ebus space with the help of a Taiwanese electric bus maker. Sources mention that an announcement to this effect will be made soon as[Read More…]

by June 25, 2018 News

Rising fuel prices, insurance hike and toll make truckers sad

With freight rates not yet reflecting the steep rise in diesel prices, third-party insurance premium and road toll, truckers, claim industry sources, are staring at a bleak future. With their income dipping, many truckers, mention sources, have surrendered their vehicles to financiers. Not counting the time in the run-up to the Karnataka elections when fuel prices did not rise, the[Read More…]

by June 25, 2018 News