After Delhi and Kerala, it is Lucknow in the news for a crack down on diesel tempos. Lucknow’s Chief judicial magistrate is claimed to have directed Lucknow’s Regional Transport Office (RTO) to crack down on diesel tempos in the city. The RTO will suspend the registration of such tempos if found plying on the roads. Diesel-run public transport vehicles were[Read More…]
ZF is working out a strategy to reinforce its supplier base in India. It has initiated a campaign, ‘Winds of Change’ in the process. Through the campaign, the company is aiming to reach EURO 100 million worth of exports from India by 2017. The current level of exports amount to EURO 35 million. “India has always had an advantage of[Read More…]
Tata Motors has launched the Ultra range in Kenya. In a bid to set a benchmark in the LCV segment, the company is banking on Ultra’s capability to cater to payloads between four and 11-tonne. Powered by a turbocharged intercooled four-cylinder diesel engine that does 125 hp and 400 Nm of torque, the Ultra range is one of the most[Read More…]
Amtek Auto is said to be contemplating the sale of its German unit Tekfor in an effort to reduce its debt burden. The company is known to have offered Tekfor to a foreign buyer for an undisclosed amount. If the deal goes through, Amtek Auto could look at reducing a good deal of its debt burden claim industry sources. They[Read More…]
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