Tata Motors has announced the appointment of Shailesh Chandra as the president of newly created electric mobility business vertical. As President — Electric Mobility Business & Corporate Strategy, Chandra will help Tata Motors to capture opportunities arising out of the new mobility trends, and to bring organisational focus and alignment. Continuing to be a member of the Executive Committee, Chandra[Read More…]
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…]
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…]
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…]
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