Auto Industry

As part of its commitment towards sustainable mobility, MG Motor India and Fortum Charge & Drive India have undertaken the first step towards creating DC Fast Charging infrastructure (50 KW) in the country.

Virgin Hyperloop One announced its partnership with the Government of Karnataka to conduct its preliminary study to understand hyperloop’s feasibility and economic impact in the region. The US-based company signed a...

Volvo Cars has appointed Charles Frump as the new Managing Director to head its India operations. He assumed the new role and office from October 3, 2017 onwards. His predecessor Tom von Bonsdorff completed his tenu...

Tom von Bonsdorff, Managing Director, Volvo Auto India has completed his tenure in India and has decided to pursue a new assignment within the Volvo Group in his home country Finland. Volvo Auto India will soon make...

Motherson Sumi Systems Ltd (MSSL) has acquired Finland based global auto component major PKC Group Plc for approximately Euro 571 million (Rs 4026 crore approx.)., a move that will help the Vivek Chaand Sehgal led ...

Leading global auto components major Motherson Sumi Systems Ltd (MSSL) controlled by Vivek Chaand Sehgal has announced plans to acquire PKC Group Plc of Finland for around Euros 571 million (approximately Rs 4160 cr...

Jari Kohonen, Vice President Asia-Pacific, Volvo Cars Group has announced that Tom von Bonsdorff has taken up the position as Managing Director, Volvo Auto India effective June 1, 2015. Tom von Bonsdorff has been...