TVS March 2020 sales down by (-) 55.51pc at 144739 units

TVS Motor Company registered sales of 144,739 units in March 2020 as against 325,323 units in March 2019.

Ford hands over control to Mahindra in India through new joint venture

Ford India will be transferring its Indian operations, including its personnel and assembly plants in Chennai in Tamil Nadu and Sanand in Gujarat, as well as the Global Business Services unit, Ford Credit and Ford S...

Honda Cars India registers degrowth of 51pc in domestic sales in Aug 2019 at 8,291 units

Honda Cars India Ltd. (HCIL) registered monthly domestic sales of 8,291 units in August 2019 whereas the number of export units stood at 227. The company had sold 17,020 units in domestic market in August 2018. The ...

Mahindra utility vehicle sales take a hit, CVs, tractors sales grow

Mahindra & Mahindra Ltd. (M&M Ltd.) passenger utility vehicles, the mainstay of its passenger vehicles, suffered a negative growth in domestic market sales in December 2017, recording 14514 units as compared to 1595...

Lumax announces JV with Francisco Albero S.A.U to make Oxygen Sensors

With the Indian automotive industry gearing up for a leap frog to BS VI norms by 2020 many manufactures have invested heavily in technology and R&D. The Lumax DK Jain Group announced a joint venture with Francisco A...

Mahindra acquires controlling stake in Classic Legends

Mahindra & Mahindra is on an acquisition spree in both its four-wheeler as well as two-wheeler businesses. After buying controlling stakes in companies like car maker Ssangyong of South Korea and Italian vehicle des...

Shocked Dr Goenka says diesel vehicles have become “whipping boy”

Shocked and concerned by the decision of the National Green Tribunal (NGT) to ban registration of new diesel vehicles in Delhi, Dr. Pawan Goenka, Executive Director, Mahindra & Mahindra Ltd has stated that “diesel v...

Shiroki Corp Japan acquires majority stake in Technico JV

Shiroki Corporation (an affiliate of Toyota Motor Corp), one of the leading global players for interior and exterior components for automobiles, has taken a 51pc equity stake in a new joint venture company with Tech...

Mahindras now have Peugeot Scooters in their fold

Mahindra Two Wheelers Ltd. (MTWL), part of the Mahindra Group, and Peugeot Scooters (PMTC), part of the Euro 54 billion PSA Group based in France announced on January 20, 2015 that they have completed the necessary...

Mahindra’s Saab buy part of much bigger strategy

With unconfirmed reports suggesting that Mahindra & Mahindra (M&M) is planning to acquire Sweden based car maker Saab, it is almost confirmed that it has more to do with Anand Mahindra’s dream to become a world lead...

UNO Minda, Toyoda Gosei establish JV for rubber hoses

UNO Minda, part of the NK Minda Group, an major Indian automotive supplier has entered into a joint venture with Toyoda Gosei Co. Ltd. of Japan to manufacture and sell rubber hoses in India. The collaboration was fi...

Mahindras to acquire 51pc in Peugeot Motocycles

Mahindra Two Wheelers Ltd. (MTWL), an unlisted subsidiary of Mahindra & Mahindra has made a binding offer to acquire a 51pc stake in Peugeot Motocycles (PMTC), part of the Euro 54 billion PSA Group based in France, ...

Technico enters into JV with Shiroki Corpn

Shiroki Corporation of Japan and Technico India Pvt Ltd have formed a new joint venture company Shiroki Technico India Private Limited. Shiroki will have a 51pc stake in the new JV while Technico will have the remai...

ESCORTS LTD: Engineering growth

With engineering as its forte, the Nandas of Escorts Ltd have embarked upon an ambitious drive to consolidate its position on the Indian corporate firmament.In an exclusive and extensive interview with Motown India ...

UNO Minda, Nabtesco Automotive Corpn. form JV

Uno Minda of India has entered into a joint venture with Nabtesco Automotive Corporation, Japanese m

Motherson Sumi to buy Peguform Group

At the meeting held on 13th July 2011, the board of directors of Motherson Sumi Systems Limited has




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