The event chairman Naresh T Raisinghani, CEO & Executive Director, BMGI, addressed the delegates and shared the current trends in the Indian Commercial Vehicle Industry and shared levers that could change the game in the Indian industry. The levers he shared include keeping aging vehicles off the road, mandating BSV norms, financing with low or nil interest cost vehicle for[Read More…]
VE Commercial Vehicles Limited (VECV) and Centurion University of Technology & Management (CUTM), Odisha have signed two Memorandums of Understanding which will focus on Skilled Manpower Development in Odisha.The MoUs are – 1. Between CUTM & VECVL for Technical Training Program (TTP) 2. Between CUTM & VECVL for Driver Education Program (DEP) The first MOU entails setting up state of[Read More…]
Tata Motors Group global wholesales at 77,701 units in April 2015 Tata Motors Group global wholesales in April 2015, including those of Jaguar Land Rover, were 77,701 numbers, up 4 per cent when compared to those recorded during April 2014. Global wholesales of all commercial vehicles – Tata and Tata Daewoo, were flat at 26,680 numbers in April 2015. Global[Read More…]
ZF completes acquisition of TRW Automotive ZF Friedrichshafen AG and TRW Automotive Holdings Corp. has announced that they have completed the transaction under which ZF has successfully acquired TRW. TRW will be incorporated into ZF as a new division called Active & Passive Safety Technology. The combined company would operate under the name ZF Friedrichshafen AG. “Today marks the day[Read More…]
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