Tractors and farm equipment manufacturer TAFE Ltd has acquired FAURECIA, an interior business group of the French global automotive supplier FORVIA, the company said on Friday. The deal covers operations of FAURECIA in...
Minda Corporation ties up with South Korea’s Daesung Eltec for ADAS technology
Auto components maker Minda Corporation said it has collaborated with South Korean firm Daesung Eltec to bring next generation advanced driver assistance system solutions to India. The two companies signed a technology...
Banks plan to sell Tenneco buyout debt next week – sources
The banks financing buyout firm Apollo Global Management Inc’s $5.4 billion acquisition of auto parts maker Tenneco Inc aim to start selling a chunk of the junk-rated debt to investors next week, two people...
Bharat Forge unit Kalyani Powertrain forms JV with Harbinger Motors
Auto components major Bharat Forge said its unit Kalyani Powertrain has joined hands with US-based Harbinger Motors to form a joint venture focused on developing electric drivetrain solutions for the commercial vehicle...
