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Samvardhana Motherson subsidiary MSSL Mideast to buy Yachiyo India Manufacturing
As per the regulatory filing, this acquisition is part of a deal between Samvardhana Motherson and Honda Motor Co LimitedRead more
Indian auto component exports at risk amid UAW Strike in the US
Approximately one-third of India's automotive component exports are destined for North America, and this strike by thousands of UAW members, known as a 'stand-up strike,' is impacting the US auto majors.Read more
Motherson enters into a partnership with Honda Motor
Company enters into an agreement to acquire 81 per cent stake in Yachiyo Industry, a Honda Motor subsidiary.Read more
Layam Group stands tall as a human capital value chain provider
Layam Group - a 14-year-old organisation - has achieved a turnover of Rs 150 crores with a manpower strength of 11,000 people across India.Read more
Motherson and Valeo to jointly create auto interior of the future
Samvardhana Motherson Automotive Systems Group BV (SMRP BV), a Motherson company, and Valeo have signed a Memorandum of Understanding (MOU) which aims to create the automotive vehicle interior of the future through the integration of lighting systems with advanced surface finishes. Read more
Motherson and Marelli to set up toolroom for auto lighting applications
The new toolroom will localise tools for the domestic market (previously imported), specific for the lighting domain, that were previously imported, enhancing the country’s local capabilities.Read more
Motherson Sumi buys Bombardier’s electrical harnesses unit in Mexico for $ 10 mn
Bombardier Transportation’s Electrical Wiring Interconnection Systems (EWIS) provides world-class harnesses and electrical assembly based on standard solutions. MRS will continue manufacturing the electrical harnesses product at the Huehuetoca site in Mexico.Read more
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Motherson Sumi forms JV with US-based Ossia
The Indian auto component major, Motherson Sumi Systems Ltd (MSSL) - part of the Samvardhana Motherson Group (SMG) - has formed a joint venture (JV) with the US-based Ossia Inc, innovator of the revolutionary Cota Real Wireless Power technology. MSSL has formed the JV through its subsidiary Samvardhana Motherson Automotive Systems Group BV (SMRP BV).Read more
