Thursday, June 30, 2022

GM deal to sell Talegaon plant to China’s Great Wall Motor collapses

With the $1 billion Great Wall Motors proposal stuck over lack of FDI clearance for over two years, the company has been compelled to look at alternatives, even as it fights out a legal battle with the employees for sale.

from Auto-Industry-Economic Times https://ift.tt/9HNonAX
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Brembo, Ningbo SAFE form India joint venture for motorcycle ABS systems

Italian brake maker Brembo and Ningbo SAFE Brakes Systems are joining forces in India. They will establish a joint venture to produce motorc...