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Valeo ClimSpray disinfectant to act against coronavirus in vehicles

Valeo ClimSpray

Auto technology major Valeo said the solution used in its Valeo ClimSpray received certification from an independent medical laboratory for its compliance with European biocide efficacy standards. The company said the product that disinfects and purifies vehicle cabins has the ability to neutralize viruses (including coronaviruses), bacteria and fungi. Disinfects …

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Bosch India records 16.6% PBT in FY 2019-20

Automotive technology major Bosch reported fiscal year 2019-20 with a total revenue from operations of Rs 9,842 crores, thus registering a decline of 18.6% compared to the previous fiscal year. PBT Profit Before Tax (PBT) from continuing operations and before exceptional items tumbled by 29.9% to Rs 1,636 crore. PBT …

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Pitstop rolls out road side car service in Bangalore

India’s notable independent doorstep car service provider Pitstop has launched its road side assistance service in Bangalore. The company promises service guarantee of 20 minutes by a trained technician anywhere in the city.  Mihir Mohan, CEO & Founder, Pitstop, said, “Availing car service in India is a planned, thoughtful, and a tiring exercise. …

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Hero Group arm acquires stake in UK’s carbon composite firm

Rockman Industries, the auto-components arm of the Hero Group, has acquired a strategic stake in the United Kingdom-based MCT Engineering through Moldex Composites. MCT Engineering is specialist carbon-composites manufacturer in the UK, producing high-quality and innovative components for automotive, motorsport and defence industries. MCT’s clients include marquee motorsports and high-end, …

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Bosch India outperforms automotive market in Q3 mobility biz

Auto technology giant Bosch’s Indian subsidiary Bosch Ltd has outperformed the automotive market in the of the current financial year 201-18 in mobility business. The company’s mobility solutions businesses grew by 17.8 %, outperforming the automotive market that grew by 14 % (excluding two-wheeler) in this period. The Gasoline Systems …

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Faurecia partners with Indian Institute of Science for AI in automotive industry

Faurecia, a global automotive equipment leader, has signed a research partnership with the Indian Institute of Science (IISc), an 107-old premier institute for advanced scientific and technological research and education in India. Faurecia said this collaboration will enrich its ecosystem of high-level scientific and academic collaborations in its two strategic …

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ROHM forays into Indian EV market with energy efficient solutions

ROHM

Japanese semiconductor giant ROHM has forayed into the Indian electric vehicle market with it’s low power and energy efficient power supplies to meet the growing demand for Electric and other Hybrid-Electric-Vehicles. ROHM ventured into India in 2006with a representative office, followed it up by establishing a fully owned subsidiary in …

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Adient lays foundation for India’s largest-ever auto seating prototyping and testing facility in Pune

Global automotive seating leader Adient  has broken ground on an automotive seating prototyping and testing facility in Pune. The new facility will be the largest of its kind ever to be built in India and marks a major expansion of Adient’s existing technical center in Pune. Adient is scheduled to open the new …

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ZF India drives digitlization, start-up projects with Hyderabad Innovation Hub

ZF India, a subsidiary of the European driveline and chassis technology leader ZF Friedrichshafen AG, is accelerating digitalization and start-up projects through its new Innovation Hub in Hyderabad, which will be officially opened in April 2018. The innovation hub is already active and partnered with the “Nasscom Center of Excellence …

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FADA gets Saharsh Damani as its first CEO

Saharsh Damani, CEO FADA

Federation of Automobile Dealers Associations (FADA), the apex body of automobile dealers in India, has appointed Saharsh Damani as its first CEO with immediate effect. Backed with a career spanning more than a decade in various Liaising, M&A, Strategy and Research related roles, Damani will drive FADA’s work and support …

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