Ola Electric raises US$100 million debt from Bank of Baroda

Ola Electric and Bank of Baroda have signed the largest long-term debt financing agreement in Indian EV industry. This 10-year debt of US$100 million is towards the funding and financial closure of the Phase 1 of th...

Electric 2 and 3 wheeler makers give thumbs up to FAME II subsidy hike

The electric vehicle industry has welcomed the Indian Government's move to increase subsidy to electric bikes and scooters by 50%, subject to those that meet the Faster Adoption and Manufacturing of Hybrid and Elect...

OLA to deploy ABB robotics, automation solutions at electric scooter factory

Ola, one of the leading mobility companies in the world, has announced that it has selected ABB as one of its key partners for robotics and automation solutions for its mega-factory in India that will roll out the m...

COVID-19 PANDEMIC: Indian auto industry puts best foot forward

In spite of the fact that the Indian auto industry will be incurring a loss of approximately Rs 50,000 crore in turnover for the 21-day plant shutdown as a result of the countrywide lockdown due to the ongoing coron...

Hyundai, Kia invest Rs 2062 crore in India’s mobility service provider Ola

Hyundai Motor Group and Ola, one of the world’s largest ride-hailing platforms, announced a strategic partnership under which Hyundai Motor Company (Hyundai) and Kia Motors Corporation (Kia) will make their biggest ...

Interview with Vinod K Sahay, Chief Executive Officer, Mahindra Truck & Bus

Interview with Vinod K Sahay, Chief Executive Officer, Mahindra Truck & Bus / Mahindra Construction Equipment Divisions, Mahindra & Mahindra

Vinod K Sahay - Chief Executive Officer, Mahindra Truck & Bus /  Mahindra Construction Equipment Divisions, Mahindra & Mahindra

Vinod K Sahay, Chief Executive Officer, Mahindra Truck & Bus /  Mahindra Construction Equipment Divisions, Mahindra & Mahindra tells Motown India Editor Roy P. Tharyan about the company's new product, t...

Mumbai Police inducts195 Mahindra TUV300 in fleet

Devendra Fadnavis, Chief Minister, Government of Maharashtra, flagged off Mahindra TUV300s from the Mumbai Police Commissioner’s office at Fort, Mumbai. These TUV300s are part of the 195 TUV300 vehicle that have bee...

Mahindra signs MOUs with Maharashtra Govt. for EV manufacture and deployment

Mahindra & Mahindra Ltd has signed two Memoranda of Understanding (MoUs) with the Government of Maharashtra (GoM), to further its next phase of expansion in electric vehicles (EVs) and achieve its vision of becoming...

Tata Motors signs MoU with Maharashtra to promote e-mobility in State

As part of the World Environment Day celebrations, Tata Motors signed a Memorandum of Understanding (MoU) with the State Government of Maharashtra for deployment of 1000 Electric Vehicles (EV) across its range of p...

Mahindra Rs. 500 cr additional investment in Chakan EV plant

Mahindra & Mahindra Ltd (M&M Ltd) has announced that it will make an additional investment at of Rs 500 crore in its Chakan plant in Maharashtra. The company will invest in its Electric Vehicle (EV) Project under th...

TAL inaugurates new generic assembly shop in Nagpur

TAL Manufacturing Solutions Ltd., a fully owned subsidiary of Tata Motors, inaugurated a new generic assembly shop in at their manufacturing facility located in Mihan SEZ, Nagpur. The new facility was inaugurated by...

Mahindra and Ola enter into strategic alliance

Mahindra & Mahindra Ltd has signed an MOU with shared transportation platform, Ola to empower 40,000 driver partners across India by 2018. Through this strategic alliance, they aim overall vehicle sales and financin...

Tata Motors, Boeing celebrate despatch of 5000th Floor Beam for 787 Dreamliner

TAL Manufacturing Solutions Ltd. (TAL), A Tata enterprise, and a wholly owned subsidiary of Tata Motors, celebrated the dispatch of the 5000th Advanced Composite Floor Beam (ACFB) to Boeing for its 787-9 and 787-10 ...

Force Motors, Mercedes-Benz invest in new engine / axle plant in Chakan

Force Motors has inaugurated a new engine and axle assembly plant exclusively for Mercedes-Benz India in Chakan, Pune. The Firodia controlled company has invested around Rs 100 crore in this new greenfield facility....

Locally produced Mercedes GLA Class to cost Rs 31.31 lakh onward

Mercedes Benz has announced that the company has now commenced local production of the GLA class in India. The GLA 200 CDI Style and Sport both will be produced in Chakan, Pune. Due to the local production of the...

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...

Krishnakumar Srinivasan heads Eaton Vehicle Group

Power management company Eaton has announced that Krishnakumar Srinivasan has been named president, Vehicle Group, Asia-Pacific. He will be reporting to Ken Davis, president, Vehicle Group. Srinivasan most recently ...

URB India to invest Rs 353 crore in Rajasthan unit

URB Group, one of the leading European bearing makers, has announced that

Eberhard Kern replaces Peter Honegg at Mercedes

Effective December 1, 2012, Mercedes-Benz India will have a new Managing Director and CEO, as Eberha

Interview with Vivek Nayer, Senior Vice President, Marketing, Automotive Sector, Mahindra & Mahindra Ltd.

We were a jeep company around the time of independence. We used to manufacture and market jeeps sourced from Chrysler. That has always been our DNA. So we make rough and tough UVs and SUVs and have been the market l...

Interview with Sunil Gupta, CEO, Avis India

We are very happy with the way the car rental business has shaped up. This is because as the market is evolving, our clients are feeling the need to have high-quality organised sector players who offer a very high s...

Tata Motors inaugurates 2 new PV dealerships

Tata Motors has announced the opening of its two new passenger vehicle dealerships in New Delhi, wit

Dr. Pawan Goenka & Nalin Mehta - Mahindra & Mahindra

Interview with Dr. Pawan Goenka, President, Automotive & Farm Equipment sectors, Mahindra & Mahindra and Nalin Mehta, Managing Director of Mahindra Navistar Automotive Ltd (MNAL...

Mahindra signs MoU with Rafael

Mahindra & Mahindra Ltd. and Rafael Advanced Defence Systems Ltd., a manufacturer of high tech defen

Defence minister inaugurates Defexpo-2012

Showcasing the country's military prowess and the nation's emergence as an attractive destination fo

AMW displays military vehicles at Defence Expo '12

Asia Motor Works (AMW) unveiled its new range of military vehicles called ‘AMW Defence’ at the 6th I

Tata Motors displays Anti-Terrorist combat vehicle

Tata Motors has showcased a new Micro Bullet-Proof Vehicle (MBPV) at Defexpo India 2012, a highly m

Mahindra Navistar announces its pan-India launch

After announcing start of production and subsequently start of sales last year, Mahindra Navistar Au

HMSI inaugurates its 2nd plant in Rajasthan

HMSI inaugurates its 2nd plant in Rajasthan

Tata AutoComp & TRAD ink MoU to set up R&D unit

Toyo Radiators (Tata Toyo), joint Venture between Tata AutoComp Systems Limited, TRAD- Japan

Eaton hopes to triple sales by 2015 in India

Eaton hopes to triple sales by 2015 in India

IAC Group 2nd manufacturing facility in Chakan

IAC Group 2nd manufacturing facility in Chakan

Nissan will present India-made Micra DIG-S

Nissan will present India-made Micra DIG-S in Europe

Mahindra Navistar unveils MN25 tipper

Mahindra Navistar unveils MN25 tipper

Kalyani Hayes Lemmerz new steel wheel rim plant

Kalyani Hayes Lemmerz Limited opened its new passenger car wheel plant in Chakan

ZF inaugurates truck transmission plant in Pune

PUNE: ZF, which has been doing business in India for roughly three decades, has now established an

New Holland’s 150,000th tractor in India

NEW DELHI: New Holland Fiat (India) Pvt. Ltd., a majority owned subsidiary of CNH Global (Case New H

Auto component indy to generate US$ 110 b revenue

NEW DELHI: India’s auto industry is likely to generate a turnover of nearly US$ 110 billion (Rs 5 l

Mahindras finally get cosy with SsangYong

MUMBAI: For the Mahindras, it’s yet another feather in its cap. Going the Tata way of acquiring auto

GPS to track vehicles carrying bio-medical waste

MUMBAI: TATA Autocomp Mobility Telematics Limited (TMT), A Tata AutoComp Group Business unit, has re




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