ReutersRelatedJapanese stocks end lower; Toyota, financials weigh on TopixToyota’s deal with Suzuki boosts Indian arm’s salesToyota Kirloskar Motor (TKM) on Wednesday said it has inked a pact with auto component industry body ACMA for sharing its best practices. As per the Memorandum of Understanding (MoU), the automaker through its training arm Toyota Learning and Development India (TLDI) will share its best practices like people development and lean management principles with the industry members of ACMA. The Automotive Component Manufacturers Association (ACMA) represents over 850 domestic manufacturers. TKM will impart 131 training programs focusing on principles of lean manufacturing, automobile and electrified vehicle technologies, industrial safety, environmental management systems, quality and supply chain management and trades such as automobile welding, car painting, mechatronics, automation and robotics. “We are hopeful that our association with ACMA in fa...

NEW DELHI:Automotive component maker Steelelellel Strips Wheels on Thursday said Steel Strips Wheels Ltd (SSWL) has received orders worth 14,000 euros (about Rs 1,261 crore) from the European Union (EU) market for caravan and truck trailers. wheels. Steel Strips Wheels Ltd (SSWL) has informed the stock exchanges in a regulatory filing that new export orders from Europe worth more than 1.43 lakh euros will be executed for the month of August euro and September at its Chennai plant. The company said it expects other existing customers to receive similar orders from time to time as the market returns to normal. This will help in further increasing the production at the Chennai Steel Wheel Plant, the company added. Earlier this week, Steel Strips Wheels revenues reached $2.37 million (roughly Rs. 1.77 billion) outpacing the U.S. truck and caravan trailer market. Last month, Steel Strips Wheels sold more than 100 units of its alloy wheels based on current orders Revenue for the current fis...