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Bharat Forge executes allotment of INR 125cr non-convertible debentures – ET Auto

Baua Electric

New Delhi: Bharat Forge , a leading global industrial house, has formally executed the allotment of non-convertible debentures (NCDs) worth INR 125 crore, in accordance with Regulations 30 and 51 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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Auto industry to invest USD 7 bn in 5 years to deepen parts localisation – ET Auto

Baua Electric

Indian auto industry is set to invest up to USD 7 billion, or about INR 58,000 crore, by FY28 to deepen localisation of advanced components from electric motors to automatic transmissions to reduce imports and capitalise on multinationals’ ‘ China Plus One ’ sourcing strategy. To be sure, China dominates auto parts supplies to India.

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2015 Chevy Cruze features connectivity updates; 4G LTE and Siri

Green Car Congress

The 2015 Chevrolet Cruze will debut at the New York International Auto Show with greater connectivity—including new Text Message Alerts, Apple Siri integration and OnStar 4G LTE with available Wi-Fi hotspot—in addition to revised exterior styling, enhanced interior convenience. Each enables voice-controlled connectivity.

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Honda and Google to collaborate on in-vehicle connected services

Green Car Congress

Honda and Google have been collaborating since 2015 with the broader automotive industry to introduce the Android platform to automobiles. As a result of this collaboration, Honda began adopting Android Auto starting with the Accord in 2016. In-vehicle apps: With Google Play, users can easily enjoy and download their favorite apps.

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India’s steel sector still in recovery mode post Covid pandemic: Tata Steel CEO – ET Auto

Baua Electric

“This (2023) has been good year for the steel sector in India, even though it was a challenging period globally,” Narendran said here. “The recovery of the steel industry is still continuing post the global pandemic.

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GMC unveils the midsize 2015 Canyon pickup; diesel coming in 2016

Green Car Congress

2015 GMC Canyon All Terrain SLE Extended Cab Short Bed Click to enlarge. GMC revealed the new 2015 Canyon midsize pickup on the eve of the North American International Auto Show in Detroit. Based on a proven global architecture, the new Canyon will initially offer two engines, with a Duramax 2.8L The standard 2.5L

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Ford reveals redesigned 2015 Ford Focus with 1.0L EcoBoost engine option

Green Car Congress

2015 Ford Focus. Ford revealed the redesigned 2015 Ford Focus at the Mobile World Congress in Barcelona, the world’s largest exhibition for the mobile industry. The new Focus will make its auto show debut at Geneva next week. Ford estimates Focus sales globally reached 1.1 Click to enlarge. Earlier post.).

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