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Schaeffler to lay off 4,700 jobs amid challenges in Europe’s auto sector
Overall, the job cuts will affect around 3.1% of Schaeffler's workforce of 120,000, which increased after its merger with electric powertrain specialist Vitesco.Read more
Honeywell launches program to reduce environmental impact of older cars
The five-step Direct to YF Retrofitting Program can easily be adopted by service garages because it uses existing service tools and equipment commonly found in automotive repair shops across Europe. Read more
EU lowers planned tariff on Tesla's china-made electric vehicles to 9%
The tariffs are in addition to the EU's standard 10% duty on car imports.Read more
Made-in-India Yamaha Ray ZR 125 sees success in Europe
The model has shipped around 13,400 units between the January to July period in 27 European countries.Read more
United Grinding unveils automation solution at GrindingHub
At GrindingHub 2024, the United Grinding Group unveiled a mobile transport robot that effortlessly maneuvered between the Helitronic Vision 400 L high-end tool grinding machine and the fully automatic Helicheck Plus measuring machine.Read more
Rail Europe envisions 25% growth from India operations
Rail Europe Executive Chairman & CEO Bjorn Bender talks about the India market.Read more
India to become landfill for Chinese products amid US Beijing tariff war; GTRI
These tariffs include a 100% duty on electric vehicles, a 50% duty on semiconductors, and a 25% duty each on electric vehicle batteries originating from China.Read more
Global semiconductors battle deepens between EU & US; $81 billion subsidy surge
The surge in semiconductor spending stems from mounting concerns over China's rapid technological advancements, particularly in key electronic sectors. Read more
Lindström India introduces rental service for floor mats in India
These mats assist in helping faster evaporation of moisture as well as trap dirt and moisture between the tufts.Read more
Hannover Messe 2024: Powerhouse for promising upswing
The next Hannover Messe trade fair will be hosted from March 31 to April 4, 2025 and Canada will be featured as the partner country.Read more