Category: Automotive

CONFIRMED! Infosys to set up new centre in Stuttgart for automotive sector



a flat screen television


© Provided by Zee Business


IT services major Infosys on Tuesday said it has set up an Automotive Digital Technology and Innovation Centre in Stuttgart, Germany.

As a part of Infosys’ partnership with Daimler, automotive IT infrastructure experts based in Germany will transition from Daimler AG to the new Digital Technology and Innovation Centre, a regulatory filing said.

See Zee Business Live TV Streaming Below:

Through the new centre, Infosys will support Daimler AG to strengthen its IT and data centre infrastructure, and drive a competitive edge, it added.

In December last year, Infosys had inked a long-term partnership with

Read More
Olive.com, PayLink Direct to go public in deal with Franklin McLarty-led SPAC

Auto retailing veteran and entrepreneur Franklin McLarty’s special-purpose acquisition company is branching into automotive finance and insurance. 

Vehicle protection plans provider Olive.com and its affiliate PayLink Direct have agreed to go public in a deal with a MDH Acquisition Corp. that will give the combined business a valuation of about $960 million including debt.

McLarty, who has links to three prominent U.S. dealership groups, is chairman of MDH, which launched in February. The public investment company trades under the MDH.U symbol on the New York Stock Exchange. It closed an initial public offering of $276 million. At the time

Read More
GKN Automotive accelerating advanced development of next-generation 800V eDrive technologies as EV demand increases
GKN Automotive Logo 2021 CMYK Master.jpg 

GKN Automotive accelerating advanced development of next-generation 800V eDrive technologies as
EV demand increases

· GKN Automotive extending its leadership of eDrive technologies by rapidly developing next generation systems in response to increasing EV demand
· All-new technology will employ 800V systems
· Future eDrive systems will speed up charging times, enhance battery range, reduce weight and improve performance
· Rapid development of next generation systems, accelerated further through partnership with Jaguar Racing in the ultra-competitive Formula E series

London, UK, 20 July 2021 GKN Automotive, the global leader in drive systems, is accelerating 
Read More
Grosjean set to make IndyCar oval test debut

Romain Grosjean is set to race on an oval, with plans in place for him to contest the Bommarito Automotive Group 500.



a person standing in front of a crowd: Romain-Grosjean-PA


© Getty Images
Romain-Grosjean-PA

Grosjean left Formula 1 at the conclusion of the 2020 season, although he had been ruled out of the final two rounds after a terrifying crash at the Bahrain Grand Prix.

The Frenchman now calls IndyCar his home, although his deal with Dale Coyne Racing and Rick Ware Racing did not put him on the entry list for the Indy500 or either round at the Texas Motor Speedway, for he did not wish

Read More
Hyundai Motor Group Honorary Chairman Mong-Koo Chung Inducted Into Automotive Hall of Fame



(L)Hyundai Motor Group
Chairman, Euisun Chung, with (R)Automotive Hall of
Fame Chairman, Ramzi Hermiz

  • Honorary Chairman Chung becomes the first Korean to receive the accolade, industry’s top honor
  • Chung recognized for being driving force behind the Group’s success, and a steadfast champion of the auto industry and the Korean economy
  • Dedication to vehicle quality, global expansion of R&D and manufacturing network have been key to Chung’s approach
  • Hyundai Motor Group continues to pursue progress for humanity


DETROIT / SEOUL, July 23, 2021
– Hyundai Motor Group Honorary Chairman, Mong-Koo Chung, has been officially inducted into the Automotive Hall of Fame

Read More