Thursday, June 15, 2023

Samvardhana Motherson arm to buy Cirma SAS for Rs 7.2 million

Samvardhana Motherson Automotive Systems Group BV (SMRPBV) has signed a binding undertaking to acquire a 100% stake in Cirma Entreprise from Vinci Energies France, Samvardhana Motherson International said in a regulatory filing.

from Auto-Industry-Economic Times https://ift.tt/3GVPlN4

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JLR pivots to flexible powertrains amid slow pace of electrification

Jaguar Land Rover is adjusting its strategy. The company will offer a mix of petrol, hybrid, and electric vehicles. This change comes after ...