{"id":556836,"date":"2023-02-20T09:18:55","date_gmt":"2023-02-20T03:48:55","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=556836"},"modified":"2023-02-20T09:55:09","modified_gmt":"2023-02-20T04:25:09","slug":"samvardhana-motherson-to-buy-sas-from-faurecia-for-rs-4790-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/samvardhana-motherson-to-buy-sas-from-faurecia-for-rs-4790-crore\/","title":{"rendered":"Samvardhana Motherson to buy SAS from Faurecia for Rs 4,790 crore"},"content":{"rendered":"<p>Noida-based automotive (auto) component manufacturer Samvardhana Motherson International (SAMIL) on Sunday announced it is buying SAS Autosystemtechnik (SAS), which manufactures auto cockpit modules, from French company Faurecia for Rs 4,790 crore.<\/p>\n<p>\u201cThis acquisition will transform Motherson Group as a leading assembler of cockpit modules globally, with a special focus on electric vehicle (EV) models,\u201d said Vivek Chaand Sehgal, chairman, SAMIL.<\/p>\n<p>The EV business constitutes nearly half of the total net revenues of SAS. It manufactures cockpit modules and other components for EVs of European auto majors, such as Volkswagen, \u0160koda Auto, Mercedes-Benz, Porsche, Audi, and Chrysler.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Noida-based automotive (auto) component manufacturer Samvardhana Motherson International (SAMIL) on Sunday announced it is buying SAS Autosystemtechnik (SAS), which manufactures auto cockpit modules, from French company Faurecia for Rs 4,790 crore. \u201cThis acquisition will transform Motherson Group as a leading assembler of cockpit modules globally, with a special focus on electric vehicle (EV) models,\u201d said Vivek Chaand Sehgal, chairman, SAMIL. The EV business constitutes nearly half of the total net revenues of SAS. It manufactures cockpit modules and other components for EVs of European auto majors, such as Volkswagen, \u0160koda Auto, Mercedes-Benz, Porsche, Audi, and Chrysler.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-556836","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/556836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=556836"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/556836\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=556836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=556836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=556836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}