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Allison Transmission to double capacity at Chennai plant, invest over Rs 800 crore

Allison Transmission to double capacity at Chennai plant, invest over Rs 800 crore

Ajit Dalvi & Autocar Pro News Desk     calendar03 Nov 2024

As part of its strategy to meet increasing global demand for its fully automatic transmissions, the US-based propulsion solutions provider for CVs and defence vehicles is to double the existing manufacturing capacity at its state-of-the-art...

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Schaeffler to debut hybrid scooter concept at EICMA on November 5 News International
Schaeffler to debut hybrid scooter concept at EICMA on November 5

autherAutocar Pro News Desk calendar03 Nov 2024

Schaeffler to reveal hybrid scooter concept it has developed in partnership with scooter maker Kymco. While Kymco has ...

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Greaves Retail's ambitious push to rival automotive parts giants, become 'Grainger of India' News
Greaves Retail's ambitious push to rival automotive parts giants, become 'Grainger of India'

autherKetan Thakkar calendar30 Oct 2024

Though it operates alongside Indian competitors, Greaves claims to position itself closer to U.S. counterparts such as...

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Magna wins European OEM supply order for scalable, ICE-to-hybrid transmission News International
Magna wins European OEM supply order for scalable, ICE-to-hybrid transmission

autherAutocar Pro News Desk calendar30 Oct 2024

First high-volume contract award for new product supports various vehicle models globally with ICE transmissions; new ...

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ASK Automotive net profit up by  63% in Q2 FY25 News
ASK Automotive net profit up by  63% in Q2 FY25

autherAutocar Pro News Desk calendar29 Oct 2024

The company's EBITDA  grew 50% to ₹119 crores, and EBITDA margins improved to 12.2%

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Counting the cost: How counterfeit car parts are draining the auto industry News
Counting the cost: How counterfeit car parts are draining the auto industry

By Padmakumar Nair, Ennoventure calendar27 Oct 2024

Counterfeit parts are rarely put through the same stringent testing that actual components go through. This not only e...

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Beyond viscosity: The rise of re-refined base oils and the push to cut carbon in auto lubricants News
Beyond viscosity: The rise of re-refined base oils and the push to cut carbon in auto lubricants

autherShahkar Abidi calendar26 Oct 2024

At the recent Infineum Conference 2024 in Jaipur, Chris Locke, Executive VP, Commercial at Infineum, highlighted the s...

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Castrol India reports 9% revenue growth at ₹1,288 crore in Q3 2024 News
Castrol India reports 9% revenue growth at ₹1,288 crore in Q3 2024

autherAutocar Pro News Desk calendar24 Oct 2024

For the first nine months of 2024, Castrol’s revenue rose by 5%.

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Ramkrishna Forgings reports 10% revenue growth in Q2 FY25, plans EV market expansion News
Ramkrishna Forgings reports 10% revenue growth in Q2 FY25, plans EV market expansion

autherAutocar Pro News Desk calendar24 Oct 2024

The company's board of directors has approved a Rs 57.5 crore investment to establish an aluminium forging facility in...

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Goodyear India Q2 profit falls 59% amid volume drop, increase in inputs costs News
Goodyear India Q2 profit falls 59% amid volume drop, increase in inputs costs

autherAutocar Pro News Desk calendar23 Oct 2024

The company paid a dividend of Rs 15 per share in August 2024, resulting in an outflow of Rs 35 crores.

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Can Tesla's entry boost the Indian EV market?

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