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Auto and Transport Industry News
2420 posts
MAHLE makes Coimbatore India’s first production base for EV e-compressors
MAHLE has started e-compressor production at Coimbatore after investing €7 million, reported at roughly ₹78 crore, with full capacity exceeding 300,000 units annually for Indian and international EV customers.
August 30, 2026
Boeing cannot afford another strike. Why 17,000 engineers are still ready to walk
Boeing and its largest white-collar union will resume discussions after engineers and technical workers rejected proposed contracts and authorized a potential strike, raising the stakes for delayed 737 MAX 10 and 777-9 certification programs.
August 29, 2026
YFORE launches ODMS camera-radar platform as in-cabin safety rules reshape automotive cockpits
YFORE’s new ODMS combines smart-mirror vision and cabin radar as safety rules tighten, but OEM awards will decide whether the platform scales globally.
August 29, 2026
Why TVS Motor picked Peyman Kargar as CEO after an 18-year leadership era
TVS Motor Company has named international business chief Peyman Kargar as its next CEO from January 27, 2027, setting up a rare leadership transition as overseas sales, electric vehicles and premium motorcycles become increasingly important to the company’s growth strategy.
August 29, 2026
Can Rs 180cr of fresh equity materially improve Wheels India’s balance sheet?
Wheels India plans to issue 12.69 lakh shares at ₹1,418 each for up to ₹180 crore, with the entire proceeds earmarked for debt reduction by December 2026 and shareholder approval due on September 17.
August 29, 2026
Frontline revenue nearly doubles to $943m as Middle East disruption lifts tanker earnings
Frontline Q2 profit hit a record $659M as VLCC rates topped $150,000 a day and dividends tied to the quarter reached $3.41 per share.
August 28, 2026
Why Volkswagen’s 50,000-job plan may not be enough as Oliver Blume pushes deeper cuts
Volkswagen Group is considering deeper workforce reductions, possible plant closures and business carve-outs as Oliver Blume argues that existing savings measures are insufficient to restore competitiveness, putting four major German manufacturing sites under mounting pressure ahead of a crucial September 4 supervisory board meeting.
August 28, 2026
Qantas (ASX: QAN) jumps 4.8% as A$3.6bn fuel bill tests FY27 margins
Qantas rose 4.8% after FY26 results. Can 8% to 10% unit-revenue growth offset a A$3.6bn H1 fuel bill and heavy fleet spending?
August 27, 2026
CMB.TECH targets cleaner shipping growth after Q2 profit reaches $364m
CMB.TECH Q2 profit hit $364M as tanker rates surged, vessel sales added $127M and backlog held at $3.26B.
August 27, 2026
Navios Maritime Partners’ $4.8bn net vessel equity is nearly twice its stock-market value
Navios Maritime Partners L.P. says its vessels in the water carry about $4.8 billion of net vessel equity. Against a market capitalization near $2.4 billion, that helps explain why management doubled its repurchase authorization to $200 million.
August 27, 2026