Motherson, in collaboration with Marelli, announced the inauguration of Motherson Automotive Lighting Tool Room (MALT), a ground-breaking facility that marks a significant milestone in automotive lighting technology. This is the first-ever tool room in India dedicated to automotive lighting. The plant was inaugurated by Mr. R.C. Bhargava, Chairman of Maruti Suzuki India Ltd., and Mr.…
Samvardhana Motherson Automotive Systems Group BV (SMRPBV) a 100 % subsidiary of Samvardhana Motherson International Limited (SAMIL) has entered into an agreement to acquire 100% stake in SAS Autosystemtechnik GmbH (Germany) (SAS) from Faurecia, a company of the FORVIA Group (an entity listed on Paris stock exchange). “SAS” is a leading global provider of assembly…
Samvardhana Motherson Automotive Systems Group BV (SMRPBV), through its Vision systems division, has entered into an agreement with Ichikoh Industries (a subsidiary of Valeo SE) in Japan to buy 100% stake of its mirror business at an Enterprise Value of JPY 5.2 Bn. The transaction includes Ichikoh’s mirror business (development and manufacturing of automotive mirrors…