Satyakam Arya succeeds Erich Nesselhauf as MD & CEO at DICV

Daimler Trucks announces a change in leadership with its successful commercial vehicle business in India: As of November 1st 2018, Mr. Satyakam Arya (45), currently Head of Customer Services at Daimler Trucks Asia and Chairman of PABCO Ltd., will take over as Managing Director and CEO of Daimler India Commercial Vehicles (DICV). He will succeed Mr. […]

DICV crosses 1,00,000 unit landmark in six years

Daimler India Commercial Vehicles (DICV) has reached another important milestone as it crossed the mark of 1,00,000 vehicles rolled out from its manufacturing plant at Oragadam near Chennai. It is the only location worldwide which produces engines, transmissions, trucks and buses at the same site catering to four brands – BharatBenz, FUSO, Mercedes-Benz and Freightliner. […]

Ashok Leyland inaugurates India’s first integrated EV facility

Ashok Leyland, on its 70th Anniversary, inaugurated cutting edge electric vehicle (EV) facility in its Ennore plant. It is India’s first integrated facility for design, prototyping, testing, process prototyping and solutions design. The in-house facilities include engineering, prototyping and testing for Motors, Battery Modules and Packs and a Power Electronics Lab. Keeping in mind the […]

Multiple Trends Shape Future Of Indian Auto Component Industry

The future of the auto OEM and auto component industry is being shaped by multiple trends, policies, technologies and discontinuities, a study commissioned by McKinsey & Company on the directions of Auto Component Manufacturers Association (ACMA), said. The report was unveiled at the 58thAnnual Session of ACMA, the apex body of the Auto Component Industry in […]

Greaves Cotton to acquire Ampere Vehicles

Greaves Cotton will acquire a majority stake in Electric Vehicle company Ampere Vehicles Private Limited. This acquisition will accelerate the development of clean energy technology solutions for the mobility needs of passengers and small businesses. “Greaves has been a trusted brand since 1859 and is well known for the reliability of its products, a strong […]

Mahindra rolls out 100,000 Jeeto units

Mahindra & Mahindra has rolled out 100,000 units of its Jeeto mini-truck platform since its launch in 2015. Produced at Mahindra’s state of the art manufacturing facility in Zaheerabad, Telengana, the Jeeto was launched in eight variants that addressed varied customer needs. Veejay Ram Nakra, Chief of Sales & Marketing, Automotive Division, Mahindra & Mahindra […]