ONR Automotive News: Latest Industry Reports & Updates
ONR Automotive News
Mahindra to acquire 58.96% stake in SML Isuzu for INR 555 crore to strengthen position in the Trucks and Buses segment
Mahindra & Mahindra Ltd (“M&M”) today announced that it has entered into an agreement to acquire 58.96% stake in SML Isuzu Ltd. (“SML”) at INR 650 per share, which is an outlay of INR 555 crore The post Mahindra to acquire 58.96% stake in SML Is
By ONR
Apr 28, 2025
Leapmotor strikes EV platform development deal with FAW
Leapmotor has said talks are ongoing with other brands about cooperation, with some speculating that Ferrari is among them. By Stewart Burnett The post Leapmotor strikes EV platform development deal with FAW appeared first on Automotive World.
By ONR
Apr 28, 2025
Toyota Motor weighs US$42bn buyout of Toyota Industries
The proposal, said to be led by chairman Akio Toyoda, would allow Toyota to exert greater control over its supplier network. By Stewart Burnett The post Toyota Motor weighs US$42bn buyout of Toyota Industries appeared first on Automotive World.
By ONR
Apr 28, 2025
California proposes to allow driverless truck testing
Testing would be restricted to pre-approved highways and exclude vehicles transporting certains types of goods. By Stewart Burnett The post California proposes to allow driverless truck testing appeared first on Automotive World.
By ONR
Apr 28, 2025