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ASK Automotive Signs JV With Fras-Le, Brazil

Auto Components India

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January 2018

The Rs 1463 crore ASK Automotive (P) Ltd., a manufacturer of friction materials and Fras-le S.A. (a Randon Company), that makes friction material with a revenue of more than $380 million (Rs 2528 crore) have signed an agreement to establish a joint venture in India.

ASK Automotive Signs JV With Fras-Le, Brazil

According to the agreement, the companies plan to enter into a partnership to produce brake pads and linings for commercial vehicles to supply the OEM and IAM markets. The JV plans to invest more than Rs 100 crore over a period of 3 years and generate an employment of more than 900 people.

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BORGWARNER SECURES ELECTRIC CROSS DIFFERENTIAL PROJECT FOR EVS IN CHINA

BorgWarner has secured a new program with a Chinese OEM to supply its electric cross differential (eXD) technology for use in EVs in China.

time to read

1 min

September 2025

Auto Components India

Auto Components India

CEAT ACQUIRES CAMSO BRANDS OHT AND TRACK BUSINESS

C EAT has finalised its acquisition of Michelin Group's Camso off-highway tyres and tracks business.

time to read

1 min

September 2025

Auto Components India

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VECV AND JIO-BP PULSE SIGN MOU TO BOOST EV CHARGING INFRA

VE Commercial Vehicles has signed an MOU with Jio-bp pulse to expand charging access for its electric commercial vehicle customers.

time to read

1 min

September 2025

Auto Components India

Auto Components India

GODREJ ENTERPRISES GROUPS' TOOLING BUSINESS SECURES THREE PATENTS

Godrej Enterprises Group (GEG) announced that its Tooling business has secured three patents.

time to read

1 min

September 2025

Auto Components India

Auto Components India

VALVOLINE CUMMINS PARTNERS WITH MAHINDRA

Valvoline Cummins Private Limited announced a new strategic business collaboration with Mahindra and Mahindra Ltd.

time to read

1 min

September 2025

Auto Components India

Auto Components India

NIDEC SHARES PLUNGE AS ACCOUNTING PROBE ENGULFS MANAGEMENT

Shares of Japanese electric motor and auto parts maker Nidec Corp slumped after the company revealed an accounting probe that could involve senior management.

time to read

1 min

September 2025

Auto Components India

CHINA EASES RARE-EARTH MAGNET EXPORT CURBS TO INDIA

China has lifted curbs on the export of rare earth magnets to India.

time to read

1 min

September 2025

Auto Components India

Auto Components India

APOLLO TYRES OPENS NEW OUTLET IN BENGALURU

Apollo Tyres Ltd. has opened its first super premium branded retail outlet in Bengaluru.

time to read

1 min

September 2025

Auto Components India

Auto Components India

Die Casting Summit 2025

The Die Casting Summit 2025, hosted at the Godrej Enterprises Group, brought together global stalwarts and domestic pioneers of the diecasting industry for a day that was as much about technology and collaboration as it was about foresight

time to read

3 mins

September 2025

Auto Components India

Auto Components India

PROTON OPENS FIRST EV PLANT IN MALAYSIA

Malaysian carmaker Proton has inaugurated its first EV assembly plant at the Automotive High-Tech Valley in Perak.

time to read

1 min

September 2025

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