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Balu Forge acquires Mercedes Benz’s precision machining unit in Germany
This acquisition will enable BFIL to produce crankshafts and other precision machined components for Original Equipment Manufacturers in the Class 7 and Class 8 trucks and heavy-duty vehicle category.Read more
Budget 2021's focus on economic revival to increase demand for automobiles
While voluntary vehicle scrapping policy, augmenting public transport system, etc were positives of the Budget 2021-22, some feel that increasing duties on auto components would increase production cost.Read more
Dana to supply propshafts for Mercedes-Benz pickup truck
The company was awarded the propshaft business for the Sprinter's all-wheel-drive offerings in North America and Europe, as well as rear-wheel-drive offerings in North America and ArgentinaRead more