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…]
ZF Friedrichshafen AG will take over the large gearbox business of Bosch Rexroth AG with more than 1,200 employees. For ZF, the acquisition is an entry into the business with industrial gears that are used in oil rigs, mine vehicles, tunnel drilling machines, or cableways, for instance. In addition, the technology company is strengthening its wind turbine gearbox business. The[Read More…]
Ashok Leyland has recorded sales revenues of Rs 13,562 crore as against Rs 9,943 crore in the previous financial year. EBITDA stood at Rs.1,027 crore during FY 2014-15, against Rs.117 crore in the previous fiscal. Profit Before Tax (PBT) and exceptional items stood at Rs.341.26 crore during FY 2014-15, against a loss of Rs.596.88 Crores in the previous fiscal. Net[Read More…]
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