International Automotive Components
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Lumax Auto Tech To Secure Remaining IAC India Stake For Rs 221 Cr
The closure of the latest transaction is expected by May 31, 2025, after which IAC India will become a wholly-owned subsidiary of LATL.
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Tata Autocomp Set To Acquire Europe's International Automotive Components Group
Tata AutoComp Systems Ltd shared its plans to acquire IAC Sweden as part of its strategy to expand in Europe's automotive sector.
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LG And Magna Announce Billion Dollar Joint Venture In Electric Car Gear
South Korea-based LG Electronics Inc and automotive supplier Magna International Inc are launching a joint venture that will make key components for electric cars, the companies announced on Wednesday.
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Porsche Launches Investigation Into Suspected Engine Manipulation: Report
Volkswagen's luxury sports vehicle unit Porsche AG has launched an internal investigation into the suspected manipulation of petrol engines, German weekly Bild am Sonntag (BamS) reported. Porsche has informed Germany's automotive watchdog KBA, the Stuttgart prosecutor's office, as well as U.S. authorities of suspected illegal changes to hardware an...
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India's Move Towards Electric Vehicles Must Be Evolutionary, Not Disruptive, Says ACMA
Automotive Component Manufacturers Association of India (ACMA) President Rattan Kapur said the logical progression will be to move from internal combustion engine to hybrids and then to full battery-based vehicles.
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Rupee fall spurs automakers to go local for parts
Other international carmakers in India, such as Ford, are targeting 95 per cent localisation.
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Lumax Auto Tech To Secure Remaining IAC India Stake For Rs 221 Cr
The closure of the latest transaction is expected by May 31, 2025, after which IAC India will become a wholly-owned subsidiary of LATL.
-
Tata Autocomp Set To Acquire Europe's International Automotive Components Group
Tata AutoComp Systems Ltd shared its plans to acquire IAC Sweden as part of its strategy to expand in Europe's automotive sector.
-
LG And Magna Announce Billion Dollar Joint Venture In Electric Car Gear
South Korea-based LG Electronics Inc and automotive supplier Magna International Inc are launching a joint venture that will make key components for electric cars, the companies announced on Wednesday.
-
Porsche Launches Investigation Into Suspected Engine Manipulation: Report
Volkswagen's luxury sports vehicle unit Porsche AG has launched an internal investigation into the suspected manipulation of petrol engines, German weekly Bild am Sonntag (BamS) reported. Porsche has informed Germany's automotive watchdog KBA, the Stuttgart prosecutor's office, as well as U.S. authorities of suspected illegal changes to hardware an...
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India's Move Towards Electric Vehicles Must Be Evolutionary, Not Disruptive, Says ACMA
Automotive Component Manufacturers Association of India (ACMA) President Rattan Kapur said the logical progression will be to move from internal combustion engine to hybrids and then to full battery-based vehicles.
-
Rupee fall spurs automakers to go local for parts
Other international carmakers in India, such as Ford, are targeting 95 per cent localisation.
