automotive innovation News

Volkswagen Faces a 2.3% Decline in Global Deliveries in 2024 Amidst Challenging Market Conditions

In 2024, Volkswagen Group experienced a 2.3% decline in global sales, with significant drops in the Chinese and Asia-Pacific markets. Despite this, the company delivered 744,800 el...

Rane and ZF Forge Ahead: Expanding Partnership with New Steering Technologies

Rane and ZF Group announce the expansion of their partnership, introducing innovative rack drive electric power steering system technologies and a licence agreement for column driv...

Altair India and CAAR Join Forces to Revolutionize Automotive Technology

Altair India and CAAR have signed an MoU to collaborate on advancing e-mobility, autonomous systems, and sustainable vehicle development. This partnership aims to reduce product de...

Visteon Corporation Expands Manufacturing in India: A Strategic Move

Visteon Corporation plans to expand its manufacturing footprint in India, expecting 20% growth and considering substantial investments in new products and plants.