Tata Motors has introduced Electronic Stability Control (ESC) for its medium and heavy commercial vehicles. The CV maker is claimed to be the first to introduce the technology in India. Developed in partnership with Wabco India, the technology, according to Girish Wagh, Head – Commercial Vehicles, Tata Motors, will help to strengthen the safety performance of its products. Apart from[Read More…]
At the Council Meeting held at Delhi on the eve of the 53rd Annual General Body Meeting, John K Paul was unanimously re-elected as the President of Federation of Automobile Dealers Associations (FADA) for the year 2017-18. John K Paul is the Managing Director of Popular Vehicles and Services Ltd, Prabal Motors Private Limited, and Director of various other Group[Read More…]
Srei Equipment Finance Limited and Tata Motors have signed a memorandum of understanding to finance Tata Motors commercial vehicles with a special focus on construction and mining tippers. The Preferred Financier Agreement (PFA) will allow both Srei and Tata Motors to explore enhanced growth prospects in the heavy-duty tipper truck segment in the country. Facilitating Srei to drive its ‘Asset[Read More…]
Precision Camshafts Ltd. has acquired Nashik-based Memco Engineering Private Limited (Memco) for an undisclosed sum. The development will help Precision Camshafts to further strengthen its presence in the auto industry. “It will also help us to diversify our product offering,” said Yatin Shah, Chairman and Managing Director, Precision Camshafts. Catering to clients like Bosch, Delphi, Endress+Hauser and Giro, Memco has[Read More…]
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