Saturday, June 15, 2024

Boost for Hyundai Motor export plans, as auto co plans to launch slew of EVs over next 4 years

Hyundai Motor India Ltd (HMIL) is planning a ₹25,000 crore IPO to drive its parent company's strategy of making India a key export hub. The company plans to introduce nearly half a dozen electric vehicles for local sales and exports as part of this ambitious strategy.

from Auto-Industry-Economic Times https://ift.tt/vzKqid0

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Tata AutoComp Systems to acquire 80% stake in Artifex

Tata AutoComp Systems Ltd will acquire an 80% stake in Artifex Interior Systems Ltd, part of the Jaguar Land Rover group. This move expands ...