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Setco Automotive, India sells SASPL to RSB Transmissions, to rename itself Shilayan Industries
ted by FY 2027–28. Separately, Setco and its promoters will receive INR 700 million as non-compete consideration. IndiaRF, which holds 35% of SASPL, will simultaneously exit for INR 9.76 billion, with RSB Transmissions gaining full board control from closing. Setco's wholly owned subsidiary, Lava Cast Private Limited, will remain with Setco and will supply 1,000 MT per month to SASPL for 18 months post-closing for a one-time fee of INR 330 mill...
News Updated at: 2026/03/30
GlobalData blog: China’s auto market achieved steady growth in 2025
US in April 2025 targeting global trading partners were ultimately struck down by the Supreme Court in early 2026 after multiple rounds of adjustments, they had already inflicted damage on the world economy. Moreover, the final decision of these reciprocal tariffs remains unresolved, continuing to cast uncertainty over the global economic outlook. Additionally, countries including Russia, the EU, Canada, and Mexico raised tariffs on Chinese-made...
News Updated at: 2026/03/30
Sandhar Technologies, India infuses EUR 915 million into Spanish subsidiary
entioned that the cash investment, treated as a related-party transaction on an arm’s-length basis, will not change ownership, with the Barcelona unit remaining a 100% subsidiary after allotment of shares under Spanish law.Sandhar Technologies Barcelona S.L. specialises in aluminium pressure die-cast components and small parts for vehicle restraint and wiper systems. Based on Sandhar Technologies' stock exchange notification...
News Updated at: 2026/03/23
SABIC presents materials for enhanced auto design, function, and circularity at PIAE 2026, Germany
’s new LNP ELCRIN SLX2373RCC and SLX2375RCC compounds are made with 30% and 45% PCR content, respectively. They offer excellent weatherability and impact resistance to extend the life of high-gloss molded-in color parts. SABIC’s new thermally conductive LNP KONDUIT WTF2C compound can replace die-cast aluminum in housings for ADAS radar and electronic control units (ECUs). SABIC’s new EXTEM RH1017UCL resin is an optical thermoplastic polymer...
News Updated at: 2026/03/19
[Exclusive Interview] TPR’s Global Vision and Challenge Toward Next-Generation Technologies
k of the main product lineup in the powertrain sector? In the powertrain segment, TPR continues to expand globally with its three core product groups: cylinder liners, piston rings, and valve seats and guides (sintered products). Among these, cylinder liners for aluminum engine blocks, particularly cast-in liners featuring a proprietary structure with protrusions on the outer circumference, represent a unique, “only-one” technology in which T...
News Updated at: 2026/03/18
Bharat Forge, India sells 23% stake in JS Auto to PI Opportunities fund
Bharat Forge, India sells 23% stake in JS Auto to PI Opportunities fund On March 16, Bharat Forge announced that private equity investor PI Opportunities Fund I Scheme II has acquired a 23% fully diluted stake in JS Auto Cast Foundry India Pvt Ltd (JS Auto), its step-down subsidiary, for about INR 3 billion. Following this infusion, JS Auto’s status has changed from a step-down wholly owned subsidiary to a step-down subsidiary of Bharat Forge, ...
News Updated at: 2026/03/17
Mexican heavy truck segment prepares for USMCA review
h American production integration and regional competitiveness. Alejandro Osorio, ANPACT's Public Affairs Director stated the industry already meets current 64% Regional Value Content requirements and is preparing for the 2027 target of 70%. The strategy includes expanding domestic manufacturing of cast steel parts, attracting telematics investment, and developing second- and third-tier suppliers for wiring harnesses and fasteners. ANPACT also em...
News Updated at: 2026/03/13
Precision Camshafts, India secures INR 15 billion crore plus orders, to invest in Solapur expansion
(PCL) announced that it has bagged multiple new camshaft programs from key OEMs, over and above its current business, extending order book visibility to 2032. The wins include a Maruti Suzuki order for 3‑cylinder engine camshafts with an estimated volume of about 1.24 million camshafts a year in cast condition starting 2027, and business from a Tier‑1 supplier to Hyundai India for its new Pune plant, with around 280 thousand cast camshafts a...
News Updated at: 2026/03/09
Shinhwa invests USD 37 million for advanced tooling capabilities in Auburn, Alabama
Shinhwa invests USD 37 million for advanced tooling capabilities in Auburn, Alabama On March 3, Shinhwa Auto USA Corporation announced it is investing USD 37 million for an expansion to strengthen its manufacturing footprint in Auburn, Alabama. The investment incorporates Italian toolmaker SAPP S.p.A. into Shinhwa’s Auburn operations, positioning the company to deliver complete aluminum die casting solutions from a single U.S. manufacturing bas...
News Updated at: 2026/03/07
JFE Steel enables high-precision evaluation of LME cracks during welding
ation (JFE-TEC) to evaluate the susceptibility to liquid metal embrittlement (LME) cracks in resistance spot welds of hot-dip galvanized steel sheets. This technology will help to improve reliability in the design of welds and the selection of materials for automotive parts. The newly developed "LM-CAST test" evaluation technology enables precise evaluation of the strain and temperature range for crack initiation by applying bending strain at any...
News Updated at: 2026/02/26
Tsuyo Manufacturing, India launches e‑3W AMT and magnet‑less motor for commercial EVs
ric three‑wheelers and light commercial vehicles, centred on its Gen 3.0 Interior Permanent Magnet (IPM) motor and controller architecture designed for better thermal management, durability, and easier servicing. The Gen 3.0 platform adds external Hall sensors, split‑phase cabling, an aluminium cast controller housing, external bootloader access, and LED‑based fault indication, along with upgraded MOSFET technology for higher‑performance ...
News Updated at: 2026/02/16
Bharat Forge's JS Auto Cast subsidiary secures INR 3 billion investment from Premji Invest in India
Bharat Forge's JS Auto Cast subsidiary secures INR 3 billion investment from Premji Invest in India On February 2, 2026, JS Auto Cast Foundry India Private Limited (JSA), a 100% wholly owned subsidiary of Bharat Forge Limited, announced it had raised INR 3 billion in equity investment from Premji Invest. Premji Invest will hold a 23% stake on a fully diluted basis post-investment. JSA is a supplier of critical ferrous castings for industrial and ...
News Updated at: 2026/02/03
[JMS 2025 Exclusive Interview] Topy Industries: Sowing the Seeds to Create Growth Businesses by Leveraging Its Core Competencies
ly developed for commercial vehicles and passenger cars. Q1. What is your vision for a mobility-based society 10 years from now, including your vision for automotive electrification and digitalization? A1. We are currently working on a medium-term management plan for fiscal 2027. By adopting a back-casting approach with a view to a 10-year outlook, we plan to develop new products and technologies as the seeds to create growth businesses based on ...
News Updated at: 2026/01/13
Guangxi Auto Group inaugurates subsidiary for NEV thermal management systems
ness operations from compressors to New Energy Vehicle (NEV) thermal management systems. Liuzhou Zhuochuang has established a comprehensive advanced production and testing system encompassing a complete set of inspection and testing equipment for compressors, fully automatic machining lines for die-cast parts, and highly automated assembly lines for die-cast parts, with an annual production capacity of 500,000 air conditioning compressors. Liuzho...
News Updated at: 2025/12/31
Wheels India partners with Japan’s Topy Industries for aluminum alloy wheels
Wheels India partners with Japan’s Topy Industries for aluminum alloy wheels On December 15, 2025, Wheels India Limited signed a technical assistance agreement with Tokyo‑headquartered Topy Industries for the design, development, and manufacture of aluminium alloy wheels. Under the agreement, Topy will provide technical know‑how and engineering support to enhance Wheels India’s cast aluminium wheel capabilities, with the company aiming to...
News Updated at: 2025/12/15
H-One to propose single-punch stamping for large stamped automotive parts as lighter, lower-cost solution
tamped (hot-pressed) materials and cold-pressed materials. It can maintain the performance of conventional structures while reducing the number of components, weight, and welding processes, thereby lowering costs. The pressing machine used for processing the parts is also smaller than that for giga casting. According to H-One, large, integrated modular parts made with hot-stamped materials can be produced at lower material costs than giga casting...
News Updated at: 2025/12/05
North American Car, Truck and Utility Vehicle of the Year selects nine finalists
• Ram 1500 Hemi • Ram 2500 2026 North American Utility Vehicle of the Year Finalists • Hyundai Palisade • Lucid Gravity • Nissan Leaf The finalist vehicles were selected via ballots from NACTOY’s jury, comprised of automotive journalists from a variety of print, broadcast and digital media in the U.S. and Canada. While evaluation criteria includes innovation, design, performance, driver satisfaction and value, eac...
News Updated at: 2025/11/25
Norton Motorcycles, part of TVS Motor, India unveils four new models at EICMA 2025
ment, with UK-led design and technical management, while using TVS’s global resources for manufacturing and distribution. The launch featured four new models: · Manx R (Flagship Superbike): Features a 72-degree, 1,200 cc V4 engine (206 hp at 11,500 rpm, 130 Nm at 9,000 rpm). It has a cast frame, semi-active Marzocchi suspension, single-sided swingarm, and carbon fiber wheels. The bike comes with five ride modes (Rain, Road, Sport, ...
News Updated at: 2025/11/04
Haval, Russia to start production of automotive components by 2026
val Motor Manufacturing Rus LLC at the Tula Region Representative Office in Moscow, Russia. The company representatives announced that an automotive components plant is being built in the Uzlovaya Industrial Park. It will produce chassis parts, interior and exterior elements, transmissions, and die-cast components, with operations expected to begin by the end of the second quarter of 2026. The company currently employs about 5,000 people, and wit...
News Updated at: 2025/11/03
Linamar to acquire Aludyne’s North American assets for USD 300 million
structural technologies. The transaction, valued at USD 300 million, is expected to close within 30 days and is expected to be accretive soon after acquisition. The acquisition is highly complementary to Linamar’s existing Structures and Chassis business, adding advanced capabilities in aluminum casting, precision machining, and product design. Aludyne’s portfolio includes knuckles, subframes, control arms, and axle housings, which aligns wi...
News Updated at: 2025/10/11



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