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Auto and Transport Industry News
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Malolos–Clark Railway Project : Three more contracts signed for Filipino project
Construction on the Malolos–Clark Railway Project (MCRP) in the Philippines is all set to begin following the awarding…
Avantus Aerospace acquires California-based fasteners manufacturer CalScrew
Avantus Aerospace, a provider of C-Class and composite parts for the aerospace and defense industry, has acquired California…
Cube Highways acquires Farakka-Raiganj Highways from HCC
Cube Highways and Infrastructure II (Cube Highways) has completed its acquisition of Farakka-Raiganj Highways Limited (FRHL), an operating…
BMW Motorrad India launches new 1,802 cc cruiser motorcycle BMW R 18
BMW Motorrad India has introduced a new cruiser motorcycle in the Indian market in the form of the…
Volansi bags $50m in Series B round for middle-mile drone delivery services
Volansi, a California-based provider of vertical take-off and landing (VTOL) middle-mile drone delivery services, has closed $50 million…
Enterprise Holdings wraps up acquisition of Discount Car and Truck Rentals
Enterprise Holdings, the owner of Enterprise Rent-A-Car, Alamo Rent A Car, and National Car Rental brands, said that…
Kia Motors unveils Kia Sonet, new compact SUV made in India
South Korean automotive manufacturer Kia Motors has unveiled a new compact SUV called the Kia Sonet, which will…
MiddleGround Capital acquires majority stake in Dura Automotive Systems
MiddleGround Capital, a US private equity firm, has acquired a majority stake in Michigan-based automotive supplier Dura Automotive…
Turnspire to acquire STEMCO Air Springs business of EnPro Industries
Turnspire Capital Partners, a special situations-focused private equity firm, has agreed to acquire US industrial conglomerate EnPro Industries’…
KPS Capital Partners to acquire automotive manufacturer AM General
Private equity firm KPS Capital Partners, through a newly created affiliate, has agreed to acquire AM General, a…