American automaker Ford is planning to invest more than $11bn in electrification from 2015 to 2022. The company said it will also expand its electrified vehicle lineup with a total of 40 vehicles globally, which will include 16 full ...
Tags: Ford, electric vehicles
Mahindra Automotive North America (MANA) has inaugurated a new North American headquarters and manufacturing facility, the first such new OEM facility in Southeast Michigan in over 25 years. The expansion is part of a $230 million ...
Tags: off-highway vehicle
Automaker Ford Motor is targeting $10bn in incremental material cost reductions and lower engineering costs by $4bn from planned levels over the next five years. Ford’s newly appointed CEO and president Jim Hackett noted that the ...
Tags: Ford Motor, Ford
Food processing, packaging and weighing equipment manufacturer Heat and Control has opened a new manufacturing facility in Chennai, India, which has a manufacturing area of more than 11,800m2. Building on a foundation of 35 years ...
Nestlé India, a unit of is a subsidiary of Switzerland-based Nestlé, has introduced new packaging for its Maggi, Nescafé and Kitkat brands. The new packaging, which will be added to 100 million Nestlé packs, ...
Tags: Nestle India, new packaging
Indian automaker and farm-equipment manufacturer, Mahindra & Mahindra has launched its electric car e20 in UK. It was reported last month that it would be a no-frills, basic electric car intended for young teens and budget-conscious ...
Tags: Electric Car E20, Mahindra
Mahindra & Mahindra, one of India's SUV manufacturer launched its latest SUV - the NuvoSport. This SUV is now available across India at Mahindra dealerships. The price starts at INR735,000. Key highlights include its autoSHIFT (AMT) ...
Tags: Mahindra, SUV manufacture, SUV Nuvosport
India’s leading automobile manufacturer Mahindra & Mahindra (M&M) has entered into dairy business, beginning with milk. M&M has started selling branded milk products under the brand Saboro in Indore, Madhya Pradesh state of India. ...
Tags: Mahindra&Mahindra Enters, Dr.Pawan Goenka, Dairy Business
Indian automobile manufacturer Mahindra is planning to introduce its no-frills electric car e20 in London. This is the first time Mahindra will make its entry into the UK market. The price of this electric car has been set at ...
Indian automobile major Mahindra & Mahindra (M&M) will launch a compact SUV called ‘Mahindra TUV300’, developed under project code U301. Claiming to have drawn the design from battle tank, the new vehicle features raised ...
Tags: compact SUV, Mahindra
The Competition Commission of India (CCI) has taken to task Hyundai Motor India for not conforming to the provisions of Competition Act, 2002, slapping fines worth $66m on the South Korean automaker. Two other automakers, namely, Mahindra ...
Tags: Hyundai Motor, Electric Car
Tech Mahindra, a specialist in digital transformation, consulting and business re-engineering has announced the launch of Automotive Aftermarket Suite. It enables Tech Mahindra to offer innovative solutions in the space of Telematics, ...
Tags: Tech Mahindra, Aftermarket Sector
Indian automobile major Mahindra & Mahindra (M&M) is gearing up to unveil a light commercial vehicle Jeeto by June-end. In what has been inferred as a bid to compete with minitruck Ace Zip, manufactured by Indian automotive giant Tata ...
Tags: light commercial vehicle, Jeeto
Mumbai-based private equity firm Kedaara Capital has forayed into the packaging sector by investing close to $32m (Rs 200 crore) in an unlisted folding cartons and paper packaging company, Parksons Packaging. The company said that it ...
Tags: folding cartons, paper packaging, Packaging
Rexam, a global beverage can manufacturer, has secured land in Sri City, located near the southern Indian city of Chennai to develop a new beverage can plant. Scheduled to be launched by the second half of 2016, the plant in Sri City is ...
Tags: Beverage Can, Packaging