Tweet ZF has acquired a 40 per cent stake in the Hamburg-based company Ibeo Automotive Systems GmbH, a market leader in lidar technology. Ibeo is also in the development of environmental recognition software with a particular focus on applications for autonomous driving. To provide access to core technology for environmental and object recognition according to Dr.Stefan Sommer, ZF’s chief executive[Read More…]
Tweet Wabco has bagged an order to supply vacuum pumps to Mahindra & Mahindra. A multi-year agreement, the vacuum pumps supplied by Wabco will find use in Mahindra’s major engine platforms, with series production expected to begin in late 2017. Compact and lightweight, the vacuum pumps sport a modular design and have ultra-low power consumption for braking as well as[Read More…]
Tweet Tata Motors has bagged orders of over 5,000 buses from 25 State Transport Undertakings (STUs) across the country. Known to be worth Rs.900 Crore, according to Ravi Pisharody, Executive Director, Commercial Vehicles Business Unit of Tata Motors, the company will execute all orders in year 2016-17. “The orders will enable us to further strengthen our leadership position in[Read More…]
Tweet Passenger vehicle maker, Maruti Suzuki India Limited, launched its first Light Commercial Vehicle (LCV) Super Carry, in Gujrat. According to RS Kalsi, Executive Director (Marketing & Sales) of Maruti Suzuki, with the Super Carry, the company hopes to revolutionise the LCV segment. “Maruti Suzuki has changed the way India drives. Similarly with the Super Carry also we will bring[Read More…]
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