Other News

VDL Group and Pinnacle Industries ink a JV

Pinnacle Industries has inked a joint venture with VDL Group of Netherlands to provide specialised engineering services for production automation industry globally. Specialising in the manufacture of commercial vehicle seating and interior solutions, Pinnacle Industries has diversified into providing services in process engineering, tool design, robot simulation, layouts and facilities engineering. The JV, VDL Pinnacle Engineering India in Pune (India),[Read More…]

by September 8, 2016 News

ZF and Ibeo to develop new lidar technology

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 officer,[Read More…]

by September 8, 2016 News

Wabco bags Mahindra order

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 non-braking[Read More…]

by September 8, 2016 News
Smoke comes out of a public bus waiting at a traffic light in New Delhi, India, on Saturday, Nov. 26, 2011. Morgan Stanley reduced its growth estimate for India to 7 percent from 7.2 percent earlier for the year ending March 31, according to an e-mailed statement today. Photographer: Prashanth Vishwanathan/Bloomberg via Getty Images

Tata motors to deliver over 5000 buses to STUs

  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 the[Read More…]

by September 7, 2016 News