Stellantis is preparing for an expansion of its India-based manufacturing output as the automaker works toward a component export target of INR 100 billion for 2026. The company is looking to scale the contribution of Indian suppliers, who currently ship components worth INR 40 billion annually to its global operations. According to a report in […]
Daimler India Commercial Vehicles Limited (DICV) has announced a planned leadership change set to take effect in early 2026. The company said in its announcement that Torsten Schmidt, currently Chief Financial Officer of Mercedes-Benz do Brasil, will assume the role of Managing Director and Chief Executive Officer. The development follows the company’s 4 November announcement […]
Bajaj Auto Limited announced that its wholly owned subsidiary, Bajaj Auto International Holdings B.V., has been notified by the European Commission that no in-depth investigation under the Foreign Subsidies Regulation will be initiated, clearing the way for a change of control. The company said the notification allows the takeover to proceed to completion as of […]
The Organisation Internationale des Constructeurs d’Automobiles (OICA) has announced the election of Shailesh Chandra, President of the Society of Indian Automobile Manufacturers (SIAM), as its new President, effective 1 November 2025. He succeeds John Bozzella, President and Chief Executive Officer of the Alliance for Automotive Innovation (USA). According to an official statement from OICA, Chandra’s […]
Ford Motor Company has announced plans to restart manufacturing operations at its facility in Chennai, Tamil Nadu, with a new project focused on producing next-generation engines for global markets. The new plant, which will have an installed capacity of 235,000 engines per year, is scheduled to commence production in 2029. The initiative follows the signing […]
SKF India Limited has completed the demerger of its industrial business, effective 1 October 2025, creating two independent entities. Shareholders of SKF India Limited will receive one share of SKF India (Industrial) Limited for every share held in the company. The new industrial entity is expected to be listed by November 2025, subject to regulatory […]
Hyundai Motor India has increased its investment in the Talegaon manufacturing plant in Maharashtra from Rs 70 billion to Rs 110 billion. The expanded investment will support advanced manufacturing technologies, including a seventh-generation paint shop, enhanced automation, infrastructure upgrades, and electric vehicle readiness. The Talegaon plant, acquired from General Motors India in 2023-24, has an […]
Visteon Corporation, an automotive technology company, has launched the SCHOLAR programme under Visteon University, which is being introduced across 26 engineering colleges in India. The initiative, announced on 23 September, is designed for students in their fifth semesters and aims to address industry skill requirements in automotive software. According to the company, the programme has […]
Blue Energy Motors has raised USD 50 million in funding to expand its manufacturing and development of liquefied natural gas (LNG) and electric heavy-duty trucks. The round included USD 30 million from Nikhil Kamath and Omnitex Industries, while Essar and FPT (Iveco Group) continued as strategic investors and technology partners. The company said the investment […]
Hyundai Motor Co has unveiled plans to launch its first locally designed electric vehicle (EV) for the Indian market and to expand capacity at its Pune plant by 250,000 units by 2030. These are key components of the company’s “Vision 2030” roadmap, which includes a global investment of KRW 77.3 trillion (approximately USD 56 billion). […]
