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Green Steel firms poised for growth as EU carbon tariffs approach

The CBAM policy is driving established players like India’s JSW Steel to expand their low-emission operations.Read more

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

Salvagnini showaces solutions at EuroBLECH 2024

The Generation 4 lineup was engineered to eliminate low-value-added activities, reduce lead times, and optimise production flows, ultimately lowering product costs while enhancing business competitiveness. By focusing on user-friendly technologies, Salvagnini empowered manufacturers to meet and exceed market demands effectively.Read more

Euro Panel Products invests Rs 300 million in advanced coil coating line

The investment encompasses machinery and land costs and is set to create 50 immediate jobs, with an additional 25 positions expected within six months, thus contributing to local employment and economic development. 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

Euler Motors enters 4-wheeler SCV segment with over 1000 kg payload capacity

The SCV segment in India is expected to reach a market value of Rs 349 billion by FY2027, with internal combustion engine (ICE) vehicles currently leading the market.Read more

USFDA sends warning to Eugia over manufacturing violations at Telangana facility

The regulatory body noted that Eugia failed to maintain complete laboratory records essential for compliance with established specifications and standards.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

EGLA acquires 40% stake in Kumar Precision Stampings; signs China JV

EuroGroup Laminations specialises in key components for electric motors and generators, serving major automotive and industrial clients such as Volkswagen, Renault, Ford, GM, and a significant U.S.-based electric vehicle (EV) manufacturer. 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

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