Maruti Suzuki claims that in last five years, over six lakh Maruti Suzuki customers have financed their cars from Mahindra Finance. Maruti Suzuki India Limited (MSIL) on Tuesday has announced its partnership with Mahindra Finance to offer the customers car finance schemes. As Maru
Makoto Uchida said that shareholding changes in the Renault-Nissan alliance are not something being discussed today. Nissan CEO Makoto Uchida expects the company's electric vehicles must be competitive, which will be the key component in the future. He said that making battery prices more compet
Customers can now complete the entire car purchase journey from the comfort of their homes without the need to visit a dealership, claims AckoDrive. With rising concerns around using shared mobility and safety in the wake of Covid 19 pandemic, customers are looking to invest in their own new car for their regu
We’re heading back into orbit. When NASA launches the James Webb Space Telescope in 2021, it will be equipped with customized Timken precision bearings. The Webb Telescope will be the largest and most powerful in space. In fact, it’s 100 times more powerful than its predecessor, the Hubble Telescope. Also, the Webb Telescope will orb…
Manufacturers are facing new challenges as they look to restart or maintain operations during the ongoing COVID-19 pandemic. As preparations are made for the “next normal”, manufacturers must consider additional dimensions of employee safety, including the establishment of production environments and workflows that address physical dista
Harshad Gujarathi has been named president of Global Gear of Downers Grove, IL, effective June 1. Gujarathi will take over for Cory Ooyen, the outgoing president, who remains with the company in a sales management role. Gujarathi rejoined Global Gear in March 2020 as vice president of operations, after six years at Reli
Creating jobs will be mission critical to cementing any upswing. That will need support for firms to retrain employees, incentives to hire older workers and for governments to continue with wage subsidies. More than one in six people have stopped working since the onset of the crisis, according to the International Labour Organization.
The Hinduja Group flagship company also expects the situation due to the current downturn in the industry, most recently due to the coronavirus pandemic, to improve gradually during the current fiscal. Reduction in GST rate and introduction of scrappage policy would help in reviving the commercial vehicle
It a unique new feature which has been developed in-house by Hyundai AutoEver America using Rekor System’s license plate reader technology is currently available to US Hyundai owners only. South Korean carmaker Hyundai is launching license plate reader technology via a website which will help vehicle owners to access op
The MG-Tata Power partnership will also explore the possibility of 2nd life management of EV batteries. MG Motor India on Monday signed a memorandum of understanding (MoU) with Tata Power to deploy 50KW DC Superfast chargers at select MG dealership locations, the company said in a release.
The 12th International Fluid Power Conference (12th IFK) will take place at the International Congress Center in Dresden, Germany, from October 12-14 2020, representing one of the most important international exchange platform of science, research and industry in the field of fluid power drives. The organizing team around Prof. Jürgen We
Nippon Pulse has introduced its smallest linear stepper motor yet, the PFL20 Linearstep. The PFL20 is a highly efficient, high thrust tin-can linear actuator with a 20 mm diameter and a bipolar winding. PFL20 is RoHS-compliant, has a 30/60 mm effective stroke, and can reach 6 N of force at 200 pps. With 24 steps per revolution, the lead
The 6,200-employee firm had been a tenant at UB City for about 14 years. After quietly moving out of the UB City towers on Vittal Mallya road in Bengaluru, Toyota Kirloskar Motor is planning to relocate its marketing teams in major metros to low-rental office facilities including co-working spaces. Th
Since 2015, SKF has decreased its manufacturing carbon footprint by 36% and is already operating two carbon neutral factories. Today, SKF announces its aim to achieve a fully carbon neutral manufacturing footprint by 2030. The 2030 target will cover SKF’s own manufacturing operations, i.e. SKF’s scope 1 and 2 emissions. It will be
Bolted assembly failures due to incorrect tightening can become a thing of the past, thanks to HYDROCAM hydraulically operated bolt tensioners HYDROCAM hydraulically operated bolt tensioners are designed to offer far greater accuracy compared with alternative fixing methods. HYDROCAM removes uncertainty over the perform
Today, SKF has issued a bond of SEK 3 billion with a four-year maturity, which expires on 10 June 2024. The bond was issued in two tranches with SEK 2,100 million at a floating interest rate based on 3 month Stibor with a premium of 1% and SEK 900 million were issued with a fixed interest rate of 1,135%. The proceeds from the issue will
Oxford YASA Motors is finding that a TorqSense non-contact speed and torque sensor from Sensor Technology is an invaluable aid in the refinement of its motor designs. Used in a test rig to evaluate prototype motors, the sensor provides accurate and dependable real time information in a readily accessible format. Oxford YASA Motors is eng…
