Schaeffler launches premium grease in India

Schaeffler India has launched its new hi-performance multipurpose premium grease – XTRA3. It is specially formulated and designed to increase the service life of bearings operating in harsh and demanding work environments. The lithium-soap thickened, mineral oil-based grease is scientifically engineered and tested extensively at extreme temperatures under harshest conditions at Schaeffler laboratory in Germany […]

Sinan Özkök appointed as Nissan India head

Nissan has appointed Sinan Özkök as the President of its Indian operations. He will have responsibility for all functions in India including Sales and Marketing, Research and Development and Manufacturing, for both Nissan and Datsun brands. Sinan joins India from Nissan Otomotiv, Nissan’s national sales company in Turkey, where he has been managing director since 2015. Sinan replaces Thomas Kuehl who was […]

ZF Expands E-Mobility Division

ZF has expanded its E-Mobility division with new buildings and locations. The technology company recently opened a new building for administration, R&D, and sales at the divisional headquarters in Schweinfurt. In Pancevo near the Serbian capital of Belgrade, a new plant for electric drives will go into operation soon. “The demand for electric driveline solutions […]

Mitsubishi takes substantial minority stake in TVS Automobile Solutions

TVS Automobile Solutions has partnered with Mitsubishi Corporation, Japan, by allowing the latter to take a substantial minority stake in the company. Subject to approval by Competition Commission of India (CCI)and other relevant authorities, Mitsubishi will increase its stake from three percent to 25 percent in TVs Automobile Solutions through a combination of primary investment and […]