Pressing the Pedal- Business News
Pressing the Pedal A spate of acquisitions in the last five years has put Motherson Group among the 50 biggest automotive component firms globally. It is now eyeing a place in the top 10 by trebling revenues by 2025 Vivek Chaand Sehgal, Chairman and Co-Founder, Motherson Sumi Systems - Photograph by Chandradeep Kumar In the aftermath of the global financial crisis triggered by the bankruptcy of Lehman Brothers, the world's largest rearview mirror maker, Visiocorp, found itself in dire straits in late 2008. It is then that nearly a dozen global automotive giants, including Daimler and Volkswag...
Source: businesstoday.in