Shriram Automall India Limited (SAMIL) has inaugurated its 68th facility at Hosur. Spread over four acres of land, the facility will cater to commercial vehicle sellers and buyers in the region. To hold live bidding events, the Hosur facility is sixth such establishment in Tamil Nadu by SAMIL. On the first day of operation, 150 vehicles and construction equipment were[Read More…]
Tata Technologies has acquired Gothenburg-based Escenda Engineering in a bid to enhance its scale and service offering in Sweden, and in other regions of Europe. A wholly owned subsidiary of Tata Technologies Europe, Escenda Engineering will continue to have the same management team and full workforce. Following a recent investment worth US$ 26 million in the development of new European[Read More…]
MAN Trucks India rolled out the 25,001st truck from the Pithampur facility recently. Present in India since 2006, the company, a wholly owned subsidiary of MAN Truck & Bus AG, Germany, delivered the new CLA Evo range of trucks to customers at Pithampur. Launched at Bauma Conexpo 2016, the CLA Evo range builds upon the CLA range of trucks the[Read More…]
India Ratings and Research agency (Ind-Ra) has maintained a stable outlook on the auto sector for the financial year, despite an expected slowdown in the commercial vehicle segment. The slowdown in the commercial vehicle segment is expected to be on account of a nine to 12 per cent decline in Medium and Heavy Commercial Vehicles (MHCVs), partially offset by a[Read More…]
Pace Setter ZF Drives Forward Change with Innovative and Flexibile Implementation 
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Decarbonisation and Digitalisation 
