Monday, September 13, 2021

Skoda Auto plans to set up 30 'compact workshops' pan-India by this year

These compact workshops will be capable of catering to periodic maintenance services and general repairs, the car maker said, adding, some of the servicing capabilities include inspection services, replacement of coolant, brake oil, automatic transmission fluid (ATF) and brake disc or pad replacement, among others.

from Auto-Industry-Economic Times https://ift.tt/3nsO5gs

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Samvardhana Motherson raises $350 million via bonds

The bonds were sold by a subsidiary, SMRC Automotive Holdings Netherlands, and are priced at 140 basis points above the five-year US treasur...