Two-Wheeler Electrification in India: Challenges & Opportunities

India has the world’s largest and fastest growing two-wheeler market. It is the cheapest and quickest form of local travel. Forecasts peg the number of vehicles sold annually to reach 26.6 million units by 2025.

BorgWarner secures global OEM business for Battery Management System

BorgWarner’s battery management system (BMS) has been selected by a leading global vehicle manufacturer to equip the entirety of its B-segment, C-segment and light commercial vehicle platforms. Initially, model year...

Neelanjan Banerjee new Global Head, Lubricant Additives Business, Lanxess

Neelanjan Banerjee will be taking over as the new Global Head of the Business Unit Lubricants Additives at Lanxess Corporation, USA effective July 1, 2022 after a brief work-in period.

LML Electric ties up with Saera Electric, makers of Yogo bikes

LML Electric, a company owned and controlled by Yogesh Bhatia (the man behind Detel electric bikes) has announced a strategic partnership with New Delhi based Saera Electric Auto, a sister concern of Satra Group of ...

Record-breaking 2021 for Automobili Lamborghini with 8,405 cars delivered

Automobili Lamborghini ended 2021 with a remarkable all-time record: 8,405 cars were delivered worldwide, making it the company’s best year ever on that front. Sales were up by 13% on 2020 due to a targeted and moni...

Emkay sees 67% revenue growth for Tata Motors passenger vehicles

As per a research report released by Emkay Global Financial Services the overall revenue growth for companies (ex-Tata Motors) under coverage to remain flat YoY in Q3FY22, as volume growth was affected by temporary ...

Schaeffler showcases innovations in field of e-mobility

Automotive and industrial supplier Schaeffler has presented its vision of sustainable mobility in its “On Track to Sustainable Mobility” showcase at IAA Mobility 2021. Along with product innovations such as its 3-in...

Hyundai Motor India Inaugurates plush corporate headquarters in Gurugram

Hyundai Motor India has inaugurated its new state-of-the art corporate headquarters in Gurugram. Present at the inauguration were Chief Minister of Haryana Manohar Lal along with SS Kim, MD & CEO, Hyundai Motor Indi...

Nissan Intelligent Ownership Subscription Plan for Nissan, Datsun cars

Nissan India has launched the first-of-its-kind ‘Nissan Intelligent Ownership Subscription Plan” for the new-age customers, a new way to own the all-new Nissan Magnite, Nissan Kicks or Datsun redi-Go.

TECHNOLOGY: BorgWarner launches 800-volt electric motor for commercial vehicle segment

BorgWarner’s latest High Voltage Hairpin (HVH) electric motor, the HVH 320, is ready to power a variety of hybrid and electric applications for commercial vehicle manufacturers, including a large European OEM.

Union Budget 2021-22: There is a buzz in the Electric Vehicle Space

The Union Budget 2021-22 presented by Nirmala Sitharaman may not have given a single sop to the electric vehicle industry but those in this electric vehicle space are upbeat over the indirect measures in the Union B...

2021 TVS Apache RTR 160 4V launched in Bangladesh

TVS Motor Company has introduced the 2021 TVS Apache RTR 160 4V with Bluetooth enabled TVS SmartXonnect in Bangladesh. This is the first-of-its-kind two-wheeler connected cluster technology in the country.

Suzuki's Gujarat Plant reaches 1 million units production milestone

Suzuki Motor Gujarat Private Limited (SMG), a subsidiary of Suzuki Motor Corporation for the production of automobiles in India, has achieved accumulated automobile production of 1 million units on October 21, 2020.

Luxury Ride expects 60pc revenues from online sales of pre-owned luxury cars

With social distancing the norm of the day during the prevailing covid-19 pandemic, Luxury Ride, a growing chain of pre-owned luxury cars, announced that it is expecting as much as 60% of all its revenues to come fr...

Mercedes India delivers 2948 car in Jan-June 2020

Despite the raging covid-19 pandemic, Mercedes-Benz India was able to deliver 2948 new cars (retail sales) to customers in the first half of 2020 (January to June 2020). The June 2020 sales however showed first sig...

HMIL registers 40.69 per cent fall in overall sales for March 2020 at 32279 units

Hyundai Motor India Ltd could not have ended the fiscal 2019-20 on a more disastrous note with overall sales (domestic and exports) slumping by 40.69 at 32,279 units in March 2020 as compared to 61,150 units in Marc...

BorgWarner’s new high-voltage coolant heaters to appear in next gen cars

BorgWarner´s coolant heaters are expected to appear in 2021 on the next generation of passenger cars produced by global OEMs. The company has been chosen as a supplier for cabin heating and battery conditioning solu...

Honda celebrating production of 400 million motorcycles

Seventy years after the first Dream DType rolled out of the factory in 1949, Honda is celebrating its 70th anniversary of motorcycle production having produced 400 million units worldwide. Honda was founded in 1948....

Hyundai Motor India  domestic sales drop (-) 16.58pc in Aug 2019 at 38205 units

Hyundai Motor India registered domestic sales of 38,205 units and exports of 17,800 units with cumulative sales of 56,005 Units for the month of August 2019. The company had sold 45,801 units in Aug 2018. The degrow...

Maruti Suzuki BS6 compliant vehicles find wide acceptance

Maruti Suzuki India Limited announced that it has received enthusiastic response from its customers for the BS6 range of vehicles.TheBS6 models offered by the company currently constitute around 70% of the total pet...

Auto industry hails GST reduction on electric vehicles

Society of Indian Automobile Manufacturers (SIAM) welcomed the government’s decision to reduce the GST rate on electric vehicles from the present 12% to 5%.

Steep hike in private ICE vehicle registration fees proposed

In order to boost the buying and use of electric vehicles in the personal passenger vehicle segment in future, the government is proposing a steep hike in the fees for issue and renewal of registration of private ve...

Full-hybrid vehicle with 48-volt high-power technology from Continental

For years now, technology company Continental has been backing environmentally friendly and cost-effective 48-volt electrification, which can be used with both gasoline and diesel engines. In the run-up to IAA 2019,...

TVS Motor Company launches 4 new products in Bangladesh

TVS Motor Company has launched four new products in Bangladesh. The products include premium motorcycle TVS Apache RTR 160 4V single disc, 125cc motorcycle TVS Max 125, 100cc motorcycle TVS Metro special edition and...

‘Ambassador’ name will be used very respectfully, says Linda Jackson

Even though reports suggest that Groupe PSA would be using the iconic ‘Ambassador’ name for its electric vehicles in India in the future, there was no official confirmation on it during the unveiling of the Citroen ...

Honda 2Wheelers kick-starts National Road Safety Week 2019

Strengthening its commitment for safer mobility, Honda Motorcycle & Scooter India Pvt. Ltd. kick started its National Road Safety Week 2019 (4th February to 10th February 2019) across India. Highlighting the theme S...

BorgWarner eAxle “iDM” takes electric propulsion to a new level

BorgWarner’s drive modules simplify the design of future pure electric drives significantly, and it is predicted that they will continue to do so in the years to come. While the forerunner – the electric drive modul...

Cero (Mahindra MSTC Recycling Pvt. Ltd.) is India’s first authorised recycler of vehicles

Cero (Mahindra MSTC Recycling Pvt. Ltd.) has become India’s first authorised recycler for motor vehicles, having received accreditation by the Delhi Government on December 21, 2018. Cero, a joint venture between Mah...

TVS Apache RTR 160 4v launched in Bangladesh

TVS Motor Company has launched the TVS Apache RTR 160 4v in Bangladesh. The TVS Apache RTR 160 4V will be the flagship offering of the brand in the country. The TVS Apache RTR 160 4v is based on the six-time Indian...

Sundaram-Clayton inaugurates new foundry in Chennai

Sundaram-Clayton Ltd. (SCL), a member of the TVS Group, inaugurated its new foundry at Oragadam, near Chennai, in Tamil Nadu. The new facility was inaugurated by Young Key Koo, Managing Director and CEO of Hyundai M...

BorgWarner launches High Voltage Coolant for EV and HEV batteries

BorgWarner, a global leader in propulsion systems for combustion, hybrid and electric vehicles, has announced its innovative High Voltage Coolant Heater as part of the company’s Battery and Cabin Heater families. Th...

Continental Gurgaon celebrates 1 million units of Electronic Brake Systems

Business for safety technologies is growing rapidly in India for technology company Continental. The company announced the completion of 1 million units of Electronic Brake Systems (EBS) from its Gurgaon plant. Cont...

Force Motors Traveller Monobus at BusWorld 2018 - Force Motors unveiled the Monobus at the BusWorld India 2018 in Bengaluru

Force Motors unveiled the Monobus at the BusWorld India 2018 in Bengaluru. This is India's first 33/41 seater monocoque bus. Fitted with a BS IV compliant engine with 3245cc displacement that prouces 115hp@ 2800rpm ...

Safe, clean, affordable, shared and smart mobility mooted

There is an urgent need in India for development of mobility that is safe, clean, affordable, shared and smart. And in order to achieve this, several steps need to be taken by the government and other stakeholders. ...

Makino Automotive, RK Takasago launch hi-performance motorcycle chain

Makino Automotive and RK Takasago launched a new motorcycle chain that promises high endurance, safety, durability and performance to the 2-wheeler automobiles in India. The announcement comes closely after the two ...

Audi plans to sell 800,000 electrified cars in 2025

Audi aims to sell approximately 800,000 fully electric cars and plug-in hybrids in the year 2025. At the Annual General Meeting of AUDI AG held on May 9, 2018, the Board of Management presented the updated “Audi.Vor...

Honda 2 Wheelers commits Rs 800 crore investment for 2018-19

After creating a new world record by becoming the only company in India and the world to add 1 million incremental sales in one year, Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) has earmarked Rs 800 crore inve...

Yamaha commissions 1100 KW solar power plant at Chennai facility

Yamaha Motor India Group has installed a 1100 KW roof top solar power plant at company’s manufacturing facility in Chennai. With this new installation, the total solar capacity of Yamaha’s Chennai plant has increase...

Royal Enfield announces Rs 800 crore for plant expansion in2018-19

Royal Enfield, the global leader in mid-sized motorcycles, announced its planned capital expenditure of Rs 800 crore for the year 2018-19. The capex announced will include the commencement of construction of Phase-2...

Cero, India’s first auto shredding facility by Mahindras is ready

Mahindras will finally be inaugurating its new auto shredding plant in Greater Noida in Delhi NCR in April 2018. The plant built in Greater Noida in India’s northern state of Uttar Pradesh is India’s maiden organise...

Force Motors, Rolls Royce sign JV agreement for gen sets

Rolls-Royce Power Systems and Pune-based automobile manufacturer Force Motors have signed a joint venture agreement in which Force Motors will hold a 51% and Rolls-Royce Power Systems a 49% stake. The new joint vent...

Hyundai Motor winter test proves electrified vehicles in Swedish Lapland

At Hyundai Mobis Proving Ground in Sweden, just an hour’s drive away from the Article Circle, Hyundai Motor Company subjects its latest electrified vehicles to the most extreme sub-zero conditions. Rigorous testing ...

Maruti Suzuki achieves cumulative sales of 35 lakh with Alto

One of the country's most trusted car brands Maruti Suzuki has achieved a unique milestone by selling a cumulative 35 lakh units of their entry level hatchback - Alto. The company has been able to achieve a stable g...

Mahle showcases new innovations in clean air and lower emissions

Mahle, a leading international development partner and supplier to the automotive industry as well as a pioneer for the mobility of the future, is showcasing new new innovations for clean air and lower emissions at ...

Foundation stone laid for Apollo Tyres plant in AP

The foundation stone of Apollo Tyres’ ultra modern global scale manufacturing facility was laid on January 9, 2018 by N Chandrababu Naidu, Chief Minister of Andhra Pradesh (AP) in the presence of Onkar S Kanwar, Cha...

BMW Group delivers best sales performance in India to date with 9800 cars

BMW Group has delivered its best sales performance in India to date in calendar year 2017 with all three brands – BMW, MINI and Motorrad.BMW Group India delivered 9800 cars (BMW + MINI) in 2017, registering a growth...

REWIND: Gadkari speech, so full of contradictions

Not many realised that Union Transport Minister Nitin Gadkari who addressed the auto industry leaders at the 57th SIAM Annual Convention in New Delhi last month left the audience not in splits, but in an absolute st...

Royal Enfield 3rd manufacturing facility begins commercial production

Motorcycle manufacturer Royal Enfield has started commercial production from its new manufacturing facility at Vallam Vadagal near Chennai, Tamil Nadu in India. Spread over 50 acres, the Vallam Vadagal plant will be...

Vimal Sumbly - Managing Director, Triumph Motorcycles India

Roy P.Tharyan, Editor, Motown India, in an interview with Vimal Sumbly, Managing Director, Triumph Motorcycles India Pvt Ltd at the launch of the Triumph all-new Street Scrambler at the Aamby Valley in Pune, Maharas...

HMSI  inaugurates 4th assembly line in Karnataka plant

With the inauguration of the 4th assembly line at the Karnataka plant of Honda Motorcycle & Scooter India (HMSI), India is now the biggest production base of Honda worldwide. The new 4th line of 0.6 million annual c...

Sona BLW expands its Hungary manufacturing facility

Sona BLW Precision Forgings Limited (SBPFL), part of the USD 500-million Sona Group, is augmenting its operations in Hungary. Besides this facility in Hungary, Sona BLW is present across two more locations globally ...

Jeep Compass, Tata Nexon will add zing to Ranjangaon plant

Two new car models from two different car manufacturers--the Jeep Compass SUV from Fiat Chrysler Automobiles (FCA) India and the Tata Nexon, a compact SUV from Tata Motors, are expected to inject a lot of action ver...

Mission Possible: Maruti Suzuki’s 600 acre playground aims to keep cars and people safe

Maruti Suzuki’s 600 acres of unique playground in Rohtak near Delhi in the state of Haryana has around 1400 engineers playing ball almost every day of their lives, not to win trophies for themselves, but to keep the...

Iconic HM brand is now Le Ambassador after buyout by Peugeot

Within three weeks of announcing a tie up with the PSA Peugeot Group of France , the CK Birla Group has announced that Hindustan Motors Ltd, the manufacturer of the iconic Ambassador car, has executed an agreement w...

CES 2017 50th Anniversary: A wrap up

No one could have ever imagined that a consumer electronics show would one day put to shame a hard core automobile show with its display of new cars and technologies. Well, with cars today stuffed with loads of elec...

Triumph Motorcycles celebrates 3 years in India; Inaugurates 14th dealership

Triumph Motorcycles India Private Limited – a subsidiary of the iconic British motorcycle manufacturer Triumph Motorcycles, announced the opening of their all new dealership facility in East of Kailash, New Delhi – ...

India Kawasaki Motor plays good sport with 13 customers

Thirteen is believed to be an unlucky number. Now this could be a myth. But there were definitely 13 disgruntled customers who had almost given up hope on the Kawaski motorcycles they had booked at a dealership in N...

Baleno sales cross one lakh units in domestic market

Cumulative sales for the Baleno, Maruti Suzuki India Limited's (MSIL) premium hatchback has crossed the one lakh mark on October 4, 2016, nearly a year after its launch back in October, 2015. The company recorded a ...

Triumph Motorcycles enters Andhra market

Triumph Motorcycles has appointed one more dealership in the country, taking its total dealerships to 13. The latest dealership has come up in Vijayawada and is named Martial Motorcycles Pvt. Ltd. This is the first ...

Interview with Ajinkya Firodia,Managing Director, MV Agusta India Pvt. Ltd

Interview with Ajinkya Firodia,Managing Director, MV Agusta India Pvt. Ltd

Automotive business thrives in South India: 2016

‘Kabali’, the blockbuster Tamil movie starring south Indian superstar Rajnikanth got off to a roaring start in July 2016 across cinema halls in India. While Rajnikanth is, without doubt, a showstopper and a star to ...

INDIAN TYRE INDUSTRY: The fatal Chinese bite

The bite of the Chinese dragon is beginning to get fatal for the Rs 50,000 crore Indian tyre industry. On the one hand while Indian tyre majors are facing a severe shortage of raw material like rubber in the countr...

Volkswagen recalls 800,000 cars in Germany for rectifying emission glitches

Volkswagen has now recalled 800,000 cars in Germany for fixing the emissions glitch which it had in 2015 admitted to have resorted to in order to evade strict emission norms. Germany's Federal Motor Transport Author...

Post fire in Subros facility, Maruti Suzuki suspends production temporarily

Following a major fire on May 29, 2016 (Sunday) that gutted almost the entire facility of Subros in Manesar, supplies of components from the plant to Maruti Suzuki plant have been disrupted and as a result Maruti Su...

Subros Manesar facility gutted in massive fire

A major fire on May 29, 2016 (Sunday) gutted almost the entire facility of Subros in Manesar. Subros is a leading player in car air conditioning. The plant been set up in Manesar in vicinity of the Maruti Suzuki Ltd...

Eaton to establish global innovation centre in Pune

Power management company Eaton has announced its decision to establish a global innovation centre in India for which a modern 390,000 sq. ft. facility is being built at Magarpatta City in Pune. The establishment of ...

More than 1 million passenger vehicles recalled after July 2012, says Govt

Since July 2012 when a voluntary code on vehicle recall came into effect in India, more than 1 million vehicles have been recalled by various vehicle manufacturers across the country. The recalls include those from ...

Indian Govt agency ARAI to issue notice to Volkswagen

On the one hand while Volkswagen is facing tremendous pressure coupled with major embarrassment on the global front because of the software fudging leading to tinkering with diesel engine emissions in their cars, on...

Another 800,000 VW cars involved in diesel emission irregularities

With regards to the latest notice issued by the United States Environmental Protection Agency (EPA) for violation of the Clean Air Act (CAA) to Volkswagen AG, Audi AG and Volkswagen Group of America, Inc., the Volks...

JK Tyre acquires Haridwar tyre unit of Kesoram Industries for Rs 2200 crore

JK Tyre & Industries has finally confirmed that it is buying Cavendish Industries Ltd (CIL) tyre unit of Kesoram Industries. In a press release, the company stated that JK Tyre & Industries Limited (JK Tyre) and JK...

Interview with Dr. Ravi Damodaran, President- Technology & Strategy, Varroc Engineering Pvt Ltd

Varroc has probably the most diverse portfolio of products for the two wheeler industry ranging from plastics to electrical, electronics and metallic products for powertrains. We even make catalytic converters. We a...

SPECIAL REPORT ON INDIAN TYRE INDUSTRY: An Un-Tyre-ing Journey

The Rs 50,000 crore Indian tyre industry today has a few reasons to smile and a few reasons to frown. On the one hand, after a lull in the industry while the demand for tyres in 2015-16 is seeing a growth coupled wi...

Pankaj Munjal is new Chairman & MD, Hero Cycles

Hero Motors group, which includes the flagship company Hero Cycles, the world’s largest bicycle manufacturer, appointed Pankaj Munjal as its Chairman and Managing Director. The decision was taken at a recent board m...

South India Special Part 1: Tamil Nadu

Five states comprising Tamil Nadu, Kerala, Andhra Pradesh, Karnataka and the newly formed state of Telangana make up South India. Among these, it’s Tamil Nadu that is way ahead when it comes to its contribution to t...

Starlit Power Systems Ltd JV to make next gen automobile batteries

Starlit Power Systems Ltd has signed a Joint Venture with China's second largest motorcycle and UPS battery manufacturing company Guangdong Dynavolt Technologies wherein, Guangdong Dynavolt will acquire 24pc of equi...

500,000th India made Nissan car exported

Nissan has exported the 500,000th car manufactured in India, setting a record in the passenger car segment of the industry within a span of five year. The Nissan Micra was the 500,000th vehicle that was exported. ...

Maruti Suzuki becomes only car maker in India to roll out 15 millionth unit

Maruti Suzuki India Limited set a new milestone by becoming the only car manufacturer in India to roll out its 15 millionth car. The 15 millionth car, a DZire VDi (Chassis No. MA3FJEB1S00740865) rolled out from the ...

Finally, the government gives a Green Push to electric vehicles

The government has formally launched a scheme that provides direct subsidies to the consumer for buying such vehicles ranging from Rs 1800 to Rs 29,000 for two wheelers and Rs 13,000 to Rs 1.38 lakh for cars. A c...

Interview with Dharmesh Arora, Dr Robert Felger & Michael Soding of Schaeffler

Interview with Dharmesh Arora , President & CEO, President Automotive, Schaeffler India Dr Robert Felger , Senior VP Product & Marketing, Business Division Automotive Aftermarket, Schaeffler Automotive Aftermarke...

Interview with Sandeep Balooja, Vice President, ACMA

Interview with Sandeep Balooja, Vice President, Automotive Component Manufacturers Association of India / Member-Anand Management Committee/ Executive Chairman- Mando

Mahindra First Choice Wheels raises $15 Million from US investor

Mahindra First Choice Wheels Ltd. (MFCWL), a leading multi-brand used vehicle company, has signed a definitive agreement to raise $15 million (Rs. 94 crore approx.) from San Francisco based investment advisor firm, ...

Tarang Jain - Managing Director, Varroc Group

Tarang Jain, Managing Director of the Rs 8000 crore Varroc Group talks of his company's focus on growth, his past acquisitions and his strategy to become a Rs 20,000 crore company by 2020.

Joe King, celebrities inaugurate Audi 2nd outlet in Bengaluru

Nowadays, an inauguration of a luxury car dealership is all glitz and glamour. True to its style, Audi, the German luxury car manufacturer, inaugurated its second world-class showroom in Bengaluru which saw the pres...

BMW unveils i Home Charging services at CES 2015

BMW will unveil their I Home Charging services, a product from its 360° ELECTRIC portfolio at the Consumer Electronics Show CES 2015 in Las Vegas. The technology of home charging of electric and plug-in hybrid BMW ...

Interview with Shivapada Ray, COO, DSK Motowheels

Established in 2012, DSK Motowheels, a part of the DSK Group (Diversified business group with a turnover of over Rs. 5000 crore) forayed into the growing automobile sector by entering the niche segment of powerful a...

Interview with Rajesh Shrivastava, General Manager, Marketing & Dealer Development, Terex Equipment Pvt Ltd

Terex is a US based company which operates through five verticals and one of the verticals is Terex Construction and that is where our company belongs. We are based out of Greater Noida and what we manufacture here ...

Government plans crash test norms for cars

Minister of State for Road Transport and Highways Pon. Radhakrishnan informed the Rajya Sabha on December 1, 2014 during the winter session of Parliament that the Government is planning to mandate the offset frontal...

Bosch wants in-depth road accident data to be collated in India

It is extremely pertinent to have an in depth “Accident Data” which can be analysed, to understand major factors/causes and find solutions, to stop this increasing trend of road accidents and fatalities. Accident re...

Audi Hungaria has a new geothermal plant

An ultramodern geothermal plant is to be constructed in Pér, close to the Audi Hungaria factory in Gyor in Hungary. After going into operation in just over a year, it will supply the company with at least 82,000 meg...

Audi CEO Stadler wants more walls to be torn down

On the 25th anniversary of the fall of the Berlin Wall, Audi CEO Rupert Stadler demanded tearing down a different wall. He said “finally tear down walls in the fields of business and politics.” In his dinner speech ...

MapmyIndia’s connected car infotainment system

Delhi based MapmyIndia has launched India’s first complete connected car infotainment system. This high quality package synergises the front and rear-seat systems. The Android variant has been priced at priced at Rs...

Yokohama begins commercial production in Haryana

Tyre manufacturer Yokohama India started their first phase of commercial production in India at their plant in HSIIDC, Bahadurgarh - Haryana. The current manufacturing capacity of the plant in Haryana is 2000 tyres ...

JLR sells 32858 units globally, Tatas 12328 units

Jaguar and Land Rover cars continue to strengthen the performance of Tata Motors as global sales of both Jaguar as well as Land Rover vehicles touched 32,858 units for the month of September 2014. Cumulative whole...

It’s a dud Budget for the automotive sector

A lot was expected from Finance Minister Arun Jaitley for the automotive sector but none of that figured in the Union Budget 2014-15 announced on July 10, 2014. The Budget focussed on infrastructure and simplificati...

Chrysler Group launches 9-Speed production

After sitting idle for years at the corner of US 31 and State Road 28 in Tipton County, Ind., USA, Chrysler Group’s Chairman and CEO Sergio Marchionne officially dedicated the company’s new Tipton Transmission Plant...

Starting June 2014, Honda starts new era in India

Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) has announced its ambitious and aggressive business plan for FY’ 2014-15 at its 13th Annual Business meet amidst thunderous applause from over 900 business partners,...

Chrysler recalls 780000 min vans

Chrysler Group is replacing window switches in an estimated 780,000 minivans equipped with third-row power window vents following incidents of overheating, said a company report. The company statement said that the...

Volvo XC60 global sales clear 500,000 units

The Volvo XC60, Volvo Car Group’s best-selling model since 2009, passed the 500,000 units sold mark in April 2014. It has taken the model only little over half a decade to reach this milestone. The model, which ha...

Mahindra Logistics receives Rs 200 cr investment

Mahindra Logistics of Mahindra Group has received an investment of Rs 200 crore for a significant minority stake from Kedaara Capital, according to a media release from the company. This is the venture capitalists’ ...

2 wheelers do well in a bloody Indian auto market

There is blood all over the Indian automotive industry. The only solace one gets is from the scooter and motorcycle segment where the likes of Honda Motorcycle and Scooter India (HMSI), TVS India, Suzuki Motorcycle ...




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