JRG Automotive Industries India, Takagi Seiko Corporation announce JV

JRG Automotive Industries India Pvt Ltd. (JRG Automotive) and Takagi Seiko Corporation (Takagi Seiko) of Japan have announced the formation of a strategic joint venture aimed at introducing advanced automotive manuf...

GLIDA Inaugurates largest EV charging hub in Hyderabad

GLIDA, one of India's leading public EV Charge Point Operators (formerly known as Fortum Charge & Drive India), announced the inauguration of its largest electric vehicle charging hub in Hyderabad with 102 charging ...

ZF rebrands its passive safety systems division to ZF Lifetec

ZF Group has announced the rebranding of its Passive Safety Systems division to “ZF LIFETEC”. The new branding is part of the current legal separation of the Passive Safety Systems division within the ZF Group.

Ajay Shanker is Ultraviolette CFO; Company partners with Mantra Academy

Ultraviolette Automotive, an electric two wheeler manufacturer, has appointed Ajay Shanker as its Chief Financial Officer (CFO). Ajay comes with a rich background spanning over 25 years in pivotal financial roles at...

5th edition of ACMA Automechanika New Delhi show begins in Capital

The 5th edition of ACMA Automechanika New Delhi 2024 has raised its curtain at Pragati Maidan, New Delhi. The show began with a renewed enthusiasm from the industry and is pleased to welcome 500+ exhibitors from Ind...

Big thrust on strengthening  EV ecosystem in Interim Budget 2024-25

Business leaders in the automotive space hailed the Interim Budget 2024-25 presented by Finance Minister Nirmala Sitharaman for its clear focus on strengthening the electric vehicle ecosystem at large.

Altair collaborates with Indian Institute of Technology Madras on EV tech

Altair, a global leader in computational science and artificial intelligence (AI), announced its collaboration with the Indian Institute of Technology (IIT) Madras to establish an eMobility simulation lab on the ins...

Hyundai Motor India commits additional Rs 6180 Crore for Tamil Nadu

Hyundai Motor India Limited (HMIL), announced Rs 6 180 crore investment plans in the state of Tamil Nadu (this includes Rs 180 crore towards a dedicated ‘Hydrogen Valley Innovation Hub,’ in association with IIT- Mad...

5th edition of ACMA Automechanika New Delhi gets bigger, better

The three-day 5th edition of ACMA Automechanika New Delhi is scheduled to hit the ground from February 1 to 3, 2024 at Pragati Maidan, New Delhi bringing together 500+ exhibitors from 12 countries.

Cashless medical treatment to all injured accident victims soon, says Govt

Union Ministry of Roads Transport & Highways (MoRTH) is planning to introduce cashless medical treatment to all injured accident victims across the nation within the next three to four months.

Honda, Mitsubishi Corporation, sign MoU to explore new businesses in EV age

Honda Motor Co and Mitsubishi Corporation (MC) have announced the signing of a memorandum of understanding (MoU) to begin discussions toward the creation of new businesses with an aim of leveraging the strengths of ...

Domestic market for PVs with ADAS to cross $1 b by fiscal 2028: Crisil

According to a Crisil Market Intelligence & Analytics report, the domestic market for passenger vehicles with ADAS or Advanced Driver Assistance System s will cross US 1 billion by financial year 2028.

SMEV proposes a compromise solution to FAME subsidy payments issue

The SMEV has indicated reaching a possible breakthrough on the vexatious issue of subsidy payments that created a crisis in the EV industry and a log jam with the MHI.

Seven automakers unite to create charging network across North America

Seven of the world’s leading automakers – BMW Group, General Motors, Honda, Hyundai, Kia, Mercedes-Benz Group, Stellantis NV – are creating a joint venture to accelerate the transition to electric vehicles in North ...

Valeo inaugurates new assembly line for ultrasonic sensors in Sanand

Valeo, the global automotive technology provider, has set-up a second line in Sanand, Gujarat, to manufacture Ultrasonic Sensors in India.

ReadyAssist, Okaya EV partner to provide full stack after sales support

ReadyAssist and Okaya EV have announced their strategic partnership to provide a full stack after sale service and emergency assistance to Okaya’s B2B and B2C customers. Okaya EV is an EV 2-wheeler manufacturer and ...

SMEV petitions NGT to support Green Tax on ICE 2 wheelers

The Society of Manufacturers of Electric Vehicles (SMEV), the registered association representing Indian manufacturers of electric vehicles, has petitioned the National Green Tribunal (NGT) expressing concerns that ...

Electric two wheeler industry besieged with woes of a strange kind

Usually every industry has a body that represents the genuine grievances, fears and wishes of companies it represents. The Society of Indian Automobile Manufacturers (SIAM) represents OEMs (vehicle manufacturers) op...

Skoda Auto Volkswagen India launches student car project in India

Skoda Auto Volkswagen India Private Limited (SAVWIPL), which manages the Indian region of five Volkswagen Group brands – Skoda, Volkswagen, Audi, Porsche, and Lamborghini, has announced its first-ever student car pr...

Mahindra Bolero SUV surpasses 1 lakh sales in FY 2023

Mahindra & Mahindra announced that its iconic Bolero SUV has crossed the 1 lakh mark in sales in FY 2023, marking a significant milestone. Since its introduction in 2000, the Bolero has sold over 1400000 units

JLR to invest 15 billion UK pounds over next five years

JLR announced plans to accelerate its transition to become the world’s leading modern luxury car manufacturer revealing its Halewood plant, in the UK, will become an all-electric production facility and its next gen...

ZF Aftermarket continues expansion in Indian market

ZF Aftermarket is expanding its product offering in India with the launch of three new TRW products. With the new products,

Keshub Mahindra, Chairman Emeritus, Mahindra Group passes away at 99

Keshub Mahindra, Chairman Emeritus, Mahindra Group passed away peacefully in the morning of April 12, 2023. The 99-year-old, nonagenarian, was a well-known philanthropist who redefined good corporate governance in I...

BPCL electrifies more than 5,000 kilometers highway stretches

Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company, announced the launch of 19 EV Fast-Charging stations at 110 fuel stations along 15 highways in Karnataka, Kerala and Tamil...

BorgWarner announces Brady Ericson, Chris Gropp  as Phinia senior management

BorgWarner has announced Brady Ericson will serve as President and Chief Executive Officer, and Chris Gropp will serve as Executive Vice President and Chief Financial Officer of the separate, publicly traded company...

Gestamp showcases latest innovations for present, future mobility

Gestamp, the Spanish multinational Tier 1 supplier, specialised in the design, development and manufacturing of components for the automotive sector, announced its fourth hot stamping line in India at the 16th Auto ...

Rosmerta to showcase road safety digital solutions at Auto Expo 2023

Rosmerta, in association with SIAM, is all set to host the most promising awareness initiative on road safety. As a market leader in the mobility solutions, Rosmerta pioneers the innovation led products and solution...

PM inaugurates DefExpo22 in Gandhinagar, Gujarat

Prime Minister, Narendra Modi inaugurated the DefExpo22 at Mahatma Mandir Convention and Exhibition Centre in Gandhinagar, Gujarat.

ASDC Annual Conclave emphasises on building a skilling ecosystem

Speakers and participants at the Annual Conclave of the Automotive Skills Development Council (ASDC), the first Sector Skill Council of India, urged upon the need to reinvent people, places, and practices to embrace...

PM highlights significance of mobility sector at 62nd SIAM Annual Convention

Society of Indian Automobile Manufacturers (SIAM), the apex automobile industry body, organised its 62nd Annual Convention at New Delhi. Prime Minister of India Narendra Modi in his message highlighted the significa...

Santosh Iyer is new Managing Director, CEO of Mercedes-Benz India

Mercedes-Benz today made an important organisational announcement. After an extremely successful stint in India, Martin Schwenk will assume the responsibility as the President and Chief Executive Officer, Mercedes-B...

JLR prepares for advanced electrified, connected future with new testing facility

Jaguar Land Rover, part of the Tata Motors Group, has taken another step towards a new era of electrification and connectivity by opening a facility to test the next generation of vehicles for electrical and radio ...

Schaeffler India Inaugurates first aftermarket experience centre in Pune

Integrated automotive and industrial supplier, Schaeffler India has inaugurated its first aftermarket experience centre in Pune. The Aftermarket division of Schaeffler is responsible for the spare parts business of ...

Renault Kiger achieves 50,000 production milestone in India

Renault India has rolled out the 50,000th Renault Kiger from its plant in Chennai and to celebrate this milestone the company has introduced a new Stealth Black exterior colour in the Renault Kiger range.

MG Motor inaugurates 1st community EV charger in Jaipur

MG Motor India installed and inaugurated the first two residential community chargers in Raj Aangan Society (NRI Colony), Jaipur (Rajasthan). This is in line with the automaker’s plan to install more charging statio...

ASDC hosts Partners Forum for workforce upskilling in automotive industry

After two-year hiatus owing to the pandemic, the Automotive Skills Development Council (ASDC), India's first sector skill council for automobile industry successfully organised skill-oriented brainstorming ASDC’s Pa...

Maruti Suzuki campaign to promote use of genuine parts, accessories

Maruti Suzuki announced the #ChooseGenuine campaign, promoting the usage and importance of genuine parts and accessories. The campaign aims at providing Maruti Suzuki car owners with easy accessibility to genuine pa...

Indian EV industry can leverage from Korea’s battery expertise

The Indian auto industry can leverage and partner with South Korea to develop the electrical vehicle (EV) market in India and through collaboration ,it can emerge as leaders for a large part of the world. This was s...

Dr. Lakshmi Venu takes over as Managing Director of Sundaram-Clayton

Dr. Lakshmi Venu has taken over as the Managing Director of Sundaram-Clayton Limited (SCL), one of India’s leading auto components manufacturer at the board meeting held on May 6, 2022. Dr.Venu was the Joint Managin...

BYD, Cimex sign deal for 50 units of e6 electric car in Nepal

Cimex Inc. Pvt. Ltd., BYD’s partner in Nepal, has signed an agreement for 50 units of BYD e6 with Self Drive Nepal Pvt. Ltd., a subsidiary of Spark Group for emission-free rental fleet operation. This is a single la...

Hero Electric partners with Even Cargo, a women-only delivery platform

Hero Electric has partnered with Even Cargo, India’s first women-only delivery platform, for strengthening the last-mile delivery segment. The collaboration envisages women at the riding end to fasten the electric m...

MG Motor India partners with engineering colleges to bolster skill development

MG Motor India announced its plan to extend cars to select engineering colleges in Gujarat. This partnership will enhance technological skill sets in students under the MG Nurture initiative, thereby helping in brid...

Diversity & Inclusion of Women in Automotive Industry

In fields inadvertently dominated by men, including the automotive industry, it has been argued that the sheer nature of science involved has kept women on the sidelines for ages

Rahul Bajaj, the cowboy of Indian auto industry, is no more

Rahul Bajaj, the industrialist who minced no words in calling a spade a spade, is no more. He was the cowboy of Indian auto industry, who feared no one. Rahul Bajaj, who was ailing for some time, breathed his last o...

R Gopalan appointed as Chairman of Board of Sundaram-Clayton Limited

Sundaram-Clayton Limited (SCL), a leading auto component manufacturing and distribution group, announced that R Gopalan, Non-Executive Independent Director of the Company has been appointed as Chairman of the Board ...

Hero Electric, ReadyAssist tie up for skilling 20,000 mechanics

Hero Electric has partnered with ReadyAssist, a leading 24/7 roadside assistance company for training and upskilling 20,000 mechanics for servicing EVs under its Private Garage Owners (PGO) initiative. With the risi...

India-built Nissan Magnite exported to 15 global markets

Nissan has expanded the number of export markets for its highly popular Magnite compact SUV to 15 in total, following a successful first year on sale.

Renault India achieves 1 lakh exports milestone

Renault India marks the beginning of 2022 on a high note by achieving a new milestone of 1 Lakh exports.

Simple Energy, IIT Indore develop advance thermal management system

Simple Energy, India's longest-range electric scooter brand and one of the top three EV start-ups, collaborated with the Indian Institute of Technology-Indore (IIT Indore) to develop a novel composite material with ...

Raasta Autotech appoints Ashok Taravath as Chief Operating Officer

Raasta Autotech Pvt. Ltd. (Raasta Autotech), a one-stop Car & Bike solution provider has appointed Ashok Taravath, a seasoned leader with a track record of driving sales and operations across multiple industries and...

Ford technicians using TeamViewer frontline augmented reality

TeamViewer, a leading global provider of remote connectivity and workplace digitalisation solutions, announced that Ford Motor Company is using TeamViewer’s Frontline solution to add augmented reality (AR) “See What...

Global leader in Motion Plastics, Igus, announces strong growth plans for India

Igus, the global leader in motion plastics, has announced an aggressive growth plan and strategy in the backdrop of 20 successful years of operations in India. As the 9th largest market globally and the 3rd largest ...

TVS controlled Norton Motorcycles gets new global headquarters

Norton Motorcycles has announced the completion of its new global headquarters. The all-new facility houses state-of-the-art manufacturing capability and the company’s new global design and R&D hub. It forms a key p...

DETEL STORY: Phones, televisions & now an electric 2 wheeler for masses

Dr Yogesh Bhatia, CEO & Managing Director of SG Corporate Mobility Pvt.Ltd is someone who has been fulfilling the dreams and aspirations of the masses. From being a seller of SIM cards, branded mobile phones and ele...

ePropelled unveils groundbreaking Electric Vehicle Motor System

ePropelled, the Massachusetts-based technology company that offers leading-edge electric propulsion systems, has announced the release of a groundbreaking new electric vehicle (EV) propulsion system to be showcased...

Detel owners buy LML brand to form LML Electric India Ltd

LML Ltd, the erstwhile Kanpur (UP) based two wheeler manufacturer owned by the Singhania family is now the property of Yogesh Bhatia controlled SG Corporate Mobility Pvt.Ltd. SG Corporate owns Detel, the flagship b...

TVS Srichakra forays into Indonesia with Eurogrip 2-wheeler tyre range

TVS Srichakra, a leading manufacturer of 2 & 3-wheeler and off-highway tyres, announced its foray into the Indonesian market with Eurogrip range of tyres.

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...

Mercedes-Benz prepares to go all-electric by 2030

Mercedes-Benz is getting ready to go all electric by the end of the decade, where market conditions allow. Shifting from electric-first to electric-only, the world’s pre-eminent luxury car company is accelerating to...

INTERVIEW WITH UDAY NARANG Chairman, Anglian Omega Group & Omega Seiki Mobility

In an exclusive interview, Uday Narang, Chairman, Anglian Omega Group & Omega Seiki Mobility talks about his company plans to enter the two and four wheeler electric vehicle space.

From Willys military Jeep to electric tech, 80 years of Jeep brand

On July 15, 1941, the former Willys-Overland Co. signed a contract with the U.S. War Department to begin production of the first military Jeep vehicle. Eighty years later, the Jeep brand thrives around the world wit...

Hyundai Motor India rolls out 10 millionth car from Chennai plant

Leading car manufacturer Hyundai Motor India Ltd (HMIL), achieved a production milestone by rolling out its 10 millionth car from its manufacturing facility in near Chennai in the southern state of Tamil Nadu.

Toyota Kirloskar Motor, ACMA sign MoU for training programmes

Toyota Kirloskar Motor (TKM), has announced the signing of a Memorandum of Understanding (MoU) with the Automotive Component Manufacturers Association of India (ACMA).

Nissan Magnite exported to Nepal, Indonesia, South Africa

Nissan India has announced the exports of the all-new Nissan Magnite in Indonesia, South Africa and Nepal. Since the launch of the all-new Nissan Magnite in December 2020, Nissan India has produced 15,010 sub-compac...

Bloodbath in Auto Industry for May 2021, reveals FADA retail data

The retail sales of automobiles plunged for the month of May 2021 with sales falling by as much as (-) 55 per cent on month on month (MoM) basis. The industry witnessed a bloodbath, claimed the Federation of Automob...

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.

Indian auto industry covid-19 relief: Part 4

Nitin Gadkari, Minister of Road Transport & Highways, Micro, Small & Medium Enterprises, Government of India recently requested Rajeev Chaba, President and Managing Director, MG Motor India and Paytm Founder & CEO V...

TVS Motor Company appoints new leadership team at Norton Motorcycle

TVS Motor Company (TVS), owner of Norton Motorcycle Co Ltd (Norton) has announced the appointment of Dr Robert Hentschel as Chief Executive Officer (CEO) and Vittorio Urciuoli as Chief Technical Officer (CTO) of the...

Oxygen, medical help pour in from Indian auto companies among shut downs

The Indian auto industry is going all out to help the country in production of oxygen, even as it is grappling with woes at its own end. India Yamaha Motor (IYM) is among the companies that have decided to suspend m...

Indian auto companies shut down, divert oxygen for medical purposes

Indian auto companies like JCB India, MG Motor India, Maruti Suzuki and Hero MotoCorp have either shut down or are shutting down their plants for a few days as a result of the prevailing covid-19 conditions. Some of...

Huawei launches a full set of intelligent vehicle components for OEMs

At Auto Shanghai 2021, Huawei has launched its next-generation intelligent components and solutions, including the 4D imaging radar, AR-HUD, and MDC 810 during its Huawei Inside (HI) product launch titled "Focused ...

ACMA Automechanika show gets virtual with no physical meeting

Marking the launch of ACMA Automechanika's virtual edition, Messe Frankfurt India along with ACMA (Automotive Component Manufacturers Association of India) will welcome aftermarket players on its online networking a...

Auto registrations fall year on year by (-) 28.64pc: FADA

The Federation of Automobile Dealers Associations (FADA) has in its Monthly Vehicle Registration Data for March 2021 stated that while March automobile registrations continue to fall by (-)28.64% year on year (YoY )...

Pvt vehicles have 20 years, CVs 15 years for deregistration

While providing strong incentives to owners of old vehicles to scrap old and unfit vehicles through registered scrapping centres, the central government in its much awaited Vehicle Scrapping Policy has proposed that...

New Nissan Chairperson for Africa, Middle East, India, Europe & Oceania region

Nissan Motor Co. has announced Guillaume Cartier as its new Chairperson for the Africa, Middle East, India, Europe and Oceania (AMIEO) region. Effective April 1, 2021, Cartier will lead all Nissan operations in the...

ASDC, FADA join hands with Google to lead industry’s Digital Transformation

Recognising the need to prepare over 20,000 auto dealerships to engage with customers in the ongoing and post pandemic era, Automotive Skills Development Council (ASDC) and Federation of Automobile Dealers Associati...

Automotive Skills Development Council signs MoU with Magic Billion

The Automotive Skill Development Council (ASDC) has signed a Memorandum of Understanding (MoU) with Magic Billion to explore possible future opportunities to impart genuine and specialised overseas opportunities to ...

Goodyear to acquire Cooper Tire & Rubber Co in US $ 2.5 billion deal

Tyre majors Goodyear Tire & Rubber Company and Cooper Tire & Rubber Company announced that they have entered a definitive transaction agreement under which Goodyear will acquire Cooper in a transaction with a total ...

UNION BUDGET 2021-22 & INDIAN AUTO INDUSTRY

The Union Budget 2021-22 presented by Nirmala Sitharaman, Union Minister of Finance may have got a standing ovation from the punters of the Indian stock market, but for the Indian auto industry, the direct benefits ...

TECHNOLOGY: Bentley Flying Spur V8 Engine: Facts And Figures

The new Flying Spur V8 has build on Bentley’s more than 60-year tradition of using cross-plane V8 engines. The V8-powered Flying Spur offers a characterful engine note, greater range between fuel stops and a reducti...

ICAT event stresses on new tyre technologies, including airless tyres

Various kinds of modern technologies as well as policies relating to tyres were discussed threadbare at the 4th edition of International Symposium on Automotive Tyre Technology organised by the International Centre ...

Mahindra and Ford end discussions of automotive joint venture

Mahindra & Mahindra and Ford Motor Company have mutually and amicably determined they will not complete a previously announced automotive joint venture between their companies.

More than 50,000 Jawa motorcycles sold in India

Classic Legends has sold more than 50,000 units of Jawa motorcycles. This has been achieved in an effective 12 months of full operations, considering a complete halt during the lockdown period with near zero invento...

Maruti Suzuki, Microsoft introduce HAMS technology for driver training

Maruti Suzuki India in collaboration with Microsoft Research India has developed a smart phone based technology for testing applicants seeking driver’s license. The technology - HAMS (Harnessing Automobile for Safet...

Ashish Gupta to succeed Steffen Knapp at Volkswagen Passenger Cars India

Ashish Gupta, currently head of Sales Operations at Volkswagen Passenger Cars India will be succeeding Steffen Knapp. Knapp who has been Brand Director, Volkswagen Passenger Cars India since August 2017, will be com...

Lanxess offers new flame-retardant thermoplastic composite materials

Tepex continuous-fiber-reinforced thermoplastic composites from Lanxess are characterised by their high inherent flame-retardant properties. One of the reasons for this is their high fiber content. They therefore al...

Automotive dealerships grappling tough times, says ICRA survey

ICRA, an independent and professional investment Information and Credit Rating Agency states that automobile dealerships across India continue to face tough times. As if the demand slowdown due to macroeconomic chal...

Electric two-wheeler  sales up in Sept 2020 by 72%, says SMEV

The electric two-wheeler industry is showing signs of revival. According to the Society of Manufacturers of Electric Vehicles (SMEV), in September 2020, sales of High-Speed Electric two-wheelers (HS E2W) have increa...

Interview with KN Gupta, Joint MD, Maclite (Super Nova Autolite Pvt Ltd)

KN GUPTA, Joint Managing Director, Maclite (Super Nova Autolite Pvt Ltd) & MD, SKNG Business Solutions Pvt Ltd reveals in an interview with Motown India Editor Roy P. Tharyan, that the auto industry in India is toda...

Indian Auto Component Industry de-grows 11.7 per cent in FY 2019-20

The turnover of the Indian automotive component industry has registered a de-growth of (-) 11.7 per cent compared to the previous year at Rs. 3.49 lakh crore (USD 49.2 billion) for the period April 2019 to March 202...

CV Raman of Maruti Suzuki answers 23 critical questions for car owners

23 Questions every car owner should be able to answer Interview with CV Raman, Sr. Executive Director, Engineering, Maruti Suzuki India Ltd. Raman san answers 23 critical question for car owners.

JLR develops  contactless touchscreen to help fight bacteria and viruses

New contactless touchscreen technology developed by Jaguar Land Rover and the University of Cambridge will help keep drivers’ eyes on the road and reduce the spread of bacteria and viruses in a post COVID-19 world.

BMW Group India recommences operations at plant, dealerships

BMW Group India has restarted operations on June 1, 2020 in accordance with government guidelines. Consumers can once again safely explore and experience the complete range of BMW, MINI and BMW Motorrad products at ...

Amara Raja Batteries, Gridtential Energy  partner on Bipolar Technology

Amara Raja Batteries Limited, India’s leading Industrial and automotive battery manufacturer and Gridtential Energy, the inventor of Silicon Joule bipolar battery technology have announced that they have entered int...

Tata Motors, Bridgestone, Hyundai, Okinawa, Nissan, JK Tyre reopen plants

In this latest round of resumption of plant operations and other activities, Indian auto companies in the news include Tata Motors, Honda Cars India, Bridgestone India, Toyota Kirloskar Motor, Hero MotoCorp, Hyundai...

BMW, Mercedes-Benz, TVS, Royal Enfield, VECV, others resume production

Indian auto companies that were forced to shut their plants in the wake of the lockdown that followed the precautions against covid-19 pandemic have now started their local production at their respective plants acro...

Automobili Lamborghini produces surgical masks, medical shields

Automobili Lamborghini is converting departments of its super sports car production plant in Sant’Agata Bolognese in order to produce surgical masks and protective plexi glass shields. The masks will be donated to t...

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...

M&M, Maruti Suzuki, Krishna Maruti, Bharat Seats gear up to make ventilators, masks

Unmindful of the huge losses that the auto industry is incurring because plant shutdowns as a result of the country-wide lockdown in the midst of coronavirus or covid-19 fears, several auto companies and auto compon...

Tata Motors spins off PV, EV businesses into new subsidiary

Tata Motors Ltd (TML) has spun off its passenger vehicles (PV) as well as its electrical vehicle (EV) business into a separate subsidiary. The TML Board has approved a plan to make the company’s PV as well as EV bus...




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