AUTOMOBILE

Sundaram Finance Holdings Limited (SFHL) announced today the completion of its acquisition of Forge 2000 Private Limited. The company has acquired a 100% stake in the automotive forge components manufacturer for Rs. 16 crores. In a filing with the National...

PUR Energy (PURE), a leading player in India's energy storage and electric mobility sectors, has announced plans to launch a new product line called PuREPower on March 25, 2025, in Hyderabad. The company will showcase its latest innovations in energy...

Moody's has downgraded Volkswagen from Baa1 to A3, on the back of sector headwinds, structural issues and competition from China, besides the ongoing investment requirements, Reuters reported.  The ratings agency noted in a statement that the downgrade reflects a recent...

EKA Mobility, in collaboration with KPIT Technologies and Bharat Petroleum Corporation Limited (BPCL), has deployed a 9-meter hydrogen fuel cell bus at Cochin International Airport (CIAL) in Kochi. This initiative aims to support Kerala’s transition towards sustainable mobility by introducing...

Lithium-ion battery maker Neuron Energy is planning to diversify its business by expanding its energy storage system (ESS) business, even as the company targets to grow its revenue by nearly 10x over the next five years. Neuron Energy, which is...

Tata Motors, India's largest commercial vehicle manufacturer, today announced a price increase of up to 2% across its commercial vehicle range, effective April 1, 2025. The company cited rising input costs as the primary reason for the price adjustment, which...

Kolkata headquartered Ram Krishna Forgings Limited (RKFL) has become India's second largest forging company supplying parts and machined components. It supplies parts to sectors from automobiles to railways, farm equipment to oil and gas and power, among others. It is...

Škoda Auto Volkswagen India achieved a manufacturing milestone with the production of 500,000 locally-manufactured engines at itsChakan facility in Pune. This achievement underscores the company's commitment to India's 'Make in India' initiative, while strengthening the country's position as a key...

Eco Fuel Systems has secured certification for 22 car models under the Bharat Stage VI emission norms, the company announced Monday. The Mumbai-based firm, which specializes in CNG and LPG vehicle conversion technology, has converted approximately one million vehicles and...