Page 6 - Auto Component News Today

It offers potential car owners a tool to make a comparative assessment of crash safety of motor vehicles available in the market

Until now, enforcement of a year-old U.S. law that bans the import of goods made in Xinjiang, China, has focused mainly on solar panels, tomatoes and cotton apparel. But now, components that may include lithium-ion batteries, tires and major automobile raw materials aluminum and steel are increasingly subject to detentions at the border.

A combination of good domestic, exports, and after-market sales of automotive components last fiscal resulted in the industry...

A combination of good domestic, exports, and after market sales of automotive components last fiscal resulted in the industry logging a 32.8 per cent growth to Rs.5.60 lakh crore or $ 69.7 billion, said top officials of the Automotive Component ...

The aftermarket, estimated at Rs 85,333 crore also witnessed a steady growth of 15 per cent while component sales to OEMs in the domestic market grew by 39.5 per cent to Rs 4.76 lakh crore, the Automotive Component Manufacturers Association (ACMA) said.

Kinetic Green: Kinetic Watts & Volts was formed in September 2022 as a subsidiary of Kinetic Engineering to focus on anything electric to ensure a sustainable future for EVs as there is a lot of adoption.

Auto component maker Sona BLW Precision Forgings posted a consolidated net profit of INR 112 crore in the June quarter, a 47% rise from the April-June period last year. Its revenue from operations rose to INR 731 crore in Q1 of this fiscal year from INR 584 crore in the corresponding period last year.

Can the Coimbatore-based auto components maker preempt a possible takeover attempt?.In February, Minda said it acquired a 15.6% stake in Pricol from the open market. This set off panic among Pricol’s stakeholders as the promoters do not have a majority stake.

Middle East Auto Component Market Analysis, Size, Current Scenario and Future Prospects, Market Analysis, Size, Current Scenario and Future Prospects

New Delhi [India], January 2 (ANI/GPRC): "ICCI (Inventivepreneur Chamber of Commerce and Industries) has invited business participants, government agencies and ministries from 10 different countries of Europe, Asia, and Africa. Delegation will participate with the intention of exploring opportunities through investment in businesses, joint ventures, OEM partnerships, participation in PPP model projects, acquisitions and mergers." As per Rishabh Malhotra, Vice-Chariman, ICCI, their miss...