VE Commercial Vehicles (VECV) Limited, a joint venture between Volvo Group and Eicher Motors has signed an MOU for the deployment of 500 Eicher Pro 6055 LNG Trucks with Baidyanath LNG Private Limited. Minister of Road Transport and Highways, Nitin Gadkari flagged off Eicher Pro 6055 LNG trucks during the inauguration of B-LNG station in Nagpur. Under terms of the[Read More…]
The city is set to introduce 1,400 pink electric autos exclusively driven by women, aiming to empower them and provide a secure means of livelihood. Priority will be given to widows, divorcées, inmates of state homes, orphans, and economically disadvantaged women. A special website for online applications will be launched soon. Women aged 18-35 with a driving licence can own[Read More…]
To increase financial flexibility ZF Group is selling a 7.5 percent stake of its holding in ZF Commercial Vehicle Control Systems India Limited. ZF Group the automotive supplier, has sold a 7.5% stake in its Indian subsidiary, ZF Commercial Vehicle Control Systems India Limited. The sale of 1,425,000 shares to institutional investors aims to increase ZF Group’s liquidity and financial[Read More…]
Lumax Industries Limited, a leading Tier-1 manufacturer of automotive lighting systems and components, announces a significant leadership transition. Mr. Vishnu Johri, the outgoing CEO, is stepping down for personal reasons, effective June 30, 2024. We extend our gratitude to Mr. Johri for his exceptional leadership and wish him success in his future endeavors. Taking over the reins as CEO will[Read More…]
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