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.
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.
MG Motor India, an iconic British automobile brand and part of Chinese auto major SAIC has announced its strategic 5-year business roadmap to Indianise the business operations for sustainable growth and meaningful ...
Toyota Kirloskar Motor (TKM) announced that Ms. Manasi Tata will take over as the new Vice Chairperson with immediate effect. Furthermore, Ms. Manasi will also take over as the Vice Chairperson of Toyota Kirloskar A...
Philippines based Columbian Group of Companies, distributors of commercial and passenger vehicles will soon be assembling and distributing Hero MotoCorp motorcycles in Philippines. A partnership has been formed betw...
Indian global automotive components manufacturer Advik Hi-Tech Private Limited”) has announced that it has signed a Joint Venture (JV) with Australian clean energy Company Pure Hydrogen Corporation Limited.
Major automotive shows like the Auto Expo-The Motor Show, Auto Expo- The Components Show and the ACMA Automechanika will now be coming back to life after a couple of years disruption caused by the covid-19 pandemic...
Hero MotoCorp has announced a new investment of up to Rs. 420 crore in Ather Energy.
Spinny, a used car retailing platform in India, has announced the closure of a USD 283 million Series E funding round from new and existing investors. The round was led by Abu Dhabi based - ADQ, Tiger Global and Ave...
As announced on July 26, 2021, the Bajaj Group and the Austrian Pierer Group have simplified the shareholding structure in the operating KTM AG. Bajaj Auto Ltd. and its subsidiary Bajaj Auto International Holdings B...
Bajaj Auto’s clout in the global motorcycle market, both in the conventional IC engine space as well as the electric two wheeler space, will increase considerably once the proposed simplified equity structure in the...
Auto component manufacturers Anand Group of India and South Korea based Mando Corporation have announced the setting up of a new joint venture company called Anand Mando eMobility Private Limited for manufacturing a...
ZF Friedrichshafen AG (ZF) has divested its entire equity stake in Brakes India, a leading supplier of braking systems in the Indian market and a global supplier of ferrous castings. The acquisition of ZF’s equity s...
Cars24, a leading e-commerce platform for pre-owned vehicles and operating in over 130 cities in India is set to further strengthen its foothold in the Southeast Asian and Middle East markets in 2021. The company r...
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...
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...
For the financial year 2020-21, the total vehicle registrations in the country were down by (-) 30%. This figure is incidentally even below the fiscal 2012-13 level, thus making it the lowest in the last eight years...
As part of its growth strategy in the shared mobility space, Mahindra and Mahindra Ltd. (M&M) announced that it has entered into definitive agreements with shareholders of Meru Travel Solutions Private Limited (Meru...
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...
Gearing up for the new edition of the trade fair in New Delhi, organisers of ACMA Automechanika – Messe Frankfurt India and the Automotive Component Manufacturers Association (ACMA) shared their insights on the need...
Barring companies like Royal Enfield, India Yamaha and BMW India, almost all two wheeler manufacturers in India registered a slump in sales in January 2021 as compared to January 2020. The growth for several compan...
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...
The Federation of Automobile Dealers Associations (FADA) released the monthly vehicle registration data for the month of December 2020. The December registrations for the first time in FY20-21 witnessed positive gro...
Harley Owners Group (HOG) conducted nation-wide dark rides and rallies to support the cause of several Harley Davidson dealers who they feel have been hit hard because of the US company’s decision to close shop here...
Finally there will be a physical meeting with the 2021 edition of ACMA Automechanika New Delhi show being organised in April 2021. This will be the first meeting point for “face-to-face networking” to revive trade d...
Great Wall Motor (GWM), a global SUV manufacturer based in China has signed an MOU with the Maharashtra government to set up a state-of-the-art automotive manufacturing facility in Talegaon, committing an investment...
Huawei, the world’s leading information and communications technology (ICT) provider, has established an alliance with 18 automakers to build a 5G-enabled automobile ecosphere to accelerate commercial use of 5G tech...
Luxury motorcycle brand Ducati announced a change in its management structure. With Sergi Canovas moving to an international role, Ducati Motor Holding announced Bipul Chandra as the new Managing Director of the I...
Indian bicycle major Hero Cycles Ltd has acquired a strategic stake in German premium e-bike manufacturer HNF Group. Hero Cycles has taken this stake together with German investment trust holding IBG Beteiligungsges...
Cars24, a leading tech platform for used cars, was till recently a very popular platform for people to sell their used cars. Now the company has announced that consumers can buy cars from its platform. It will now o...
Barely five months after rejecting French auto major Groupe Renault as its bed partner, Fiat Chrysler Automobiles (FCA) has hopped back into the bed with another French automobile major – Groupe Peugeot S.A. Accordi...
The Federation of Automobile Dealers Association (FADA) has through its counsel Khaitan & Co, issued a legal notice to UM Lohia and its management, asking them to redress all grievances of dealers relating to the lo...
The Competition Commission of India (CCI) has in its latest order imposed a penalty of Rs 17.07 crore (Rs 17,07,31,443/-) on Japan based JTEKT/ JSAI , manufacturers of power steering for automobile manufacturers In ...
KSL Cleantech Limited (formerly known as Kirti Solar Limted) has entered into a Joint Venture (JV) with the China’s Huaihai Holding Group, one of the largest companies in the field of electric mini vehicles.
Anand Group, a leading manufacturer of automotive components in India, further consolidated its presence in the Indian automotive safety systems vertical. It announced the formation of a Tri-Party Joint Venture to m...
The US $ 1.5 billion India based JBM Group with business interest in auto systems and assemblies has acquired major shareholding in Germany based Linde-Wiemann GmbH KG, a leading manufacturer of complex structural ...
As ACMA Automechanika New Delhi edges closer to its opening, the country’s leading trade fair for the automotive aftermarket is fast moving towards being completely sold-out. The trade fair is scheduled to take plac...
It is official now. Nissan’s legendary Chairman Carlos Ghosn has been shown the door by the management of Nissan Motor Company in Japan. The decision to discharge Ghosn of his post as Chairman of Nissan was taken by...
Sixty-six-year-old Sergio Marchionne, the former chief executive officer of Fiat Chrysler has died. Marchionne who was undergoing treatment in a hospital in Zurich, Switzerland was recently replaced as CEO, accordi...
The Supervisory Board of Audi AG has decided to transfer the duties of the Board of Management Chairman to Abraham Schot on a temporary basis with immediate effect. As reported earlier, Audi CEO Rupert Stadler was t...
Volvo Cars, the premium car maker, has announced new financial and operational ambitions that will position the company as a leading player in the global automotive business by the middle of the next decade.
Sweden based Volvo Cars, the premium car maker, has received almost 80,000 orders for the new award-winning XC40 small SUV and is expanding production in Europe and China in order to meet demand.
Precision Camshafts Ltd (PCL) has acquired 51% stake in Dutch electric driveline maker Emoss Mobile Systems B.V through its wholly owned Dutch subsidiary, PCL (International) Holding B.V. This is the third strategic...
Leading industrial and automotive supplier, Schaeffler India Ltd (Formerly FAG Bearings India Ltd) announced the launch of its new range of FAG SNV Housings. SNV Housings are the new split plummer block housings whi...
Global auto ancillary major Precision Camshafts Ltd has announced its second acquisition with the taking over of German precision machinist MFT Motoren und Fahrzeugtechnik GmbH (MFT) through its wholly owned Duth su...
Pune based Kinetic Group’s company Kinetic Green Energy & Power Solutions Ltd signed a MOU (Memorandum of Understanding) with luxury brand Tonino Lamborghini to jointly set up a new joint venture company in India (i...
A year after disposing of the Sona Group’s entire equity holding of around 25.12 per cent in its then flagship company Sono Koyo Steering Systems for around Rs 419 crore to its Japanese partner JTEKT Corp., the refr...
It was towards the end of 2017 that Bosch had successfully completed its sale of its subsidiary SEG Automotive Germany GmbH, the former Robert Bosch Starter Motors Generators Holding GmbH, together with all subsidia...
Samvardhana Motherson International Limited (SAMIL), the principal holding company of Samvardhana Motherson Group has announced that it has successfully acquired 100% of MS Global India Pvt Ltd (MSGI), from the Kore...
Pricol Limited, a leading manufacturer of automotive components and solutions provider for the global automotive market, has announced an exclusive Joint-venture agreement with Zorg Industries (Hong Kong) Limited to...
Triumph Motorcycles of UK and Bajaj Auto have announced a global partnership to deliver a range of mid-capacity motorcycles (300cc to 500cc) benefiting from the collective strengths of both companies. This partnersh...
With robots becoming an integral part of manufacturing in several plants across the world, Audi has taken this a step further with people and robot now working side by side without a protective fence. With this huma...
Volvo Cars is planning to set up a new joint venture technology company with Geely Holding, the Chinese car group, to share existing and future technology, deepen industrial synergies and provide the economies of sc...
Sergi Canovas Garriga is the new Managing Director for Ducati India Italian motorcycle. Ravi Avalur, the present MD, is moving to another challenging international role, according to a press release issue by Ducati ...
WABCO Holdings, a leading global supplier of technologies and services that improve the safety, efficiency and connectivity of commercial vehicles, announced that Daimler Trucks has extended its long-term supply agr...
Michigan (US) based Key Safety Systems (KSS), one of the leading brands in automotive safety systems, has reached an agreement in principle with the recall rocked Takata Corporation of Japan to sponsor a restructuri...
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 ...
Minda Industries Limited, the flagship company of Uno Minda Group has entered into Joint Venture (JV) agreement with Katolec Corporation, Japan. The proposed name for the joint venture company is Minda Katolec Elect...
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...
Wabco Holdings Inc., a leading global supplier of technologies and services, has announced that it has extended its long-term agreement with Russian truck manufacturer Kamaz to supply a comprehensive range of advanc...
Wabco Holdings Inc, a leading global supplier of technologies that improve the safety, efficiency and connectivity of commercial vehicles, has acquired a new customer, Mahindra & Mahindra, one of India’s largest man...
Sunil Kant Munjal, Joint Managing Director, Hero MotoCorp, and Chairman, Hero Corporate Service has decided to step down from the Board of Directors of Hero MotoCorp, once his tenure as the Joint Managing Director o...
In the bad old days, two words were often considered taboo – Sex and Luxury. In a conservative India, talking about sex was a big “No”. Equally, in a socialist driven economy, the term “Luxury” was pure blasphemy. B...
APM Terminals Inland Services, South Asia has signed an exclusive agreement with Gothenburg, Sweden-based Volvo Cars to provide a dedicated, specialised warehouse facility in Chennai. The customised warehouse will p...
Nissan Motor’s move to acquire a 34 pc equity stake in Mitsubishi Motors Corporation (MMC) will lead to a lot of advantages for Nissan as well MMC, besides reducing costs of development and introducing many more veh...
Nissan Motor Co., Ltd. and Mitsubishi Motors Corporation, (MMC) have announced that they have signed a Basic Agreement to form a far-reaching strategic alliance between the two Japanese automakers. Following an MMC ...
With the acquisition of CIL, JK Tyre will have additional capacity of truck & bus radials, an important and high growth segment, where it is already the market leader. It will also provide JK Tyre entry into the fa...
Singapore based SingEx Exhibitions, a subsidiary of SingEx Holdings which is wholly owned by Singapore’s investment company, Temasek Holdings, will be organising its fourth Tyrexpo India in New Delhi in June 2016. ...
In an interview with P.Tharyan, Editor, Motown India magazine, Wabco India's Managing Director, P Kaniappan talks about his company's leadership in truck braking systems. A global leader in braking technology for tr...
Automobile components manufacturer Minda Industries Ltd announced an acquisition of the global lighting business of Spain based Rinder Group that manufactures automotive lamps- head lamp, tail lamps and small lamps....
Award-winning actor and global environmentalist Leonardo DiCaprio will chair the newly-created Formula E Sustainability Committee. This body will focus on Formula E’s contributions to promoting the mass use of elect...
It’s the biggest scam to hit the global auto industry. No recall of a car, anywhere in the world, has ever had such a distasteful flavour of deceit and intrigue. Germany based Volkswagen has some of the best brands ...
As a fallout of the massive US emission scandal involving Volkswagen, the Volkswagen Supervisory Board not only restructured the Volkswagen group but also recommended the immediate suspension of some of its employee...
Matthias Müller (62) has been appointed CEO of Volkswagen AG with immediate effect. This was decided by the Supervisory Board at its meeting in Wolfsburg on September 25, 2015). Müller is currently Chairman of Porsc...
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...
Federal-Mogul Powertrain, a division of Federal-Mogul Holdings Corporation of the US has announced that it has developed a new premium diesel piston aluminium alloy, called DuraForm-G91. In benchmarking tests, the n...
For the Rs 7,625 crore Kalyani group controlled by Baba Kalyani, ‘Make in India” has been a way of life. For long, this group which has business interests in the fields of automotive, energy, rail, marine, aerospace...
Volvo Cars has taken control of its three joint venture operations in China for SEK2.2bn in order to more accurately reflect its growing presence in the world’s largest car market. Volvo Cars now owns 50 per cent of...
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...
Mercedes-Benz has appointed Roland S. Folger as the Managing Director and CEO of its India operations. Roland S. Folger will replace Eberhard Kern who will assume a new role for the European market. This was stated ...
ZF has made a concept ZF Smart Urban Vehicle. The concept car which is powered by electricity, ZF says that it us “a starting point from which concepts for future urban mobility”. The ZF Smart Urban Vehicle has a...
JK Tyre & Industries Ltd has appointed Vivek Kamra as its President -India. The appointment comes in the wake of Arun K Bajoria’s elevation to the vital role of ‘Director and President – International Operations’. W...
Hero Electric is part of the Naveen Munjal controlled Hero Eco Group which makes electric two wheelers. Based in Ludhiana, the Hero Electric plant can make 200 vehicles a day. Munjal started his company around 1999-...
Interview with Ronan LeRoy, Head of Two Wheeler, Vehicle Dynamics, Continental's C&S Division.
The braking systems, including the Anti-Lock Braking Systems that will be mandated by the Indian government by the end of this year will be a major contributor to road safety, says Wabco chief
Interview with Sandeep Balooja, Vice President, Automotive Component Manufacturers Association of India / Member-Anand Management Committee/ Executive Chairman- Mando
Interview with Michael Johannes, Brand Manager, Automechanika Frankfurt
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...
Anand India and Federal-Mogul Powertrain, a division of Federal-Mogul Holdings Corporation have announced that they have entered into an agreement to convert the Sealing and Piston Ring businesses of Anand into join...
TRW Automotive Holdings Corporation will be highlighting the expansion of its electronics group – and in particular the growth of its dedicated Automated Vehicle team at the International CES 2015.
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 ...
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...
Dana Holding Corporation, a global leader in the supply of highly engineered driveline, sealing, and thermal-management technologies, has announced the introduction of a new aluminum cooling technology for electric ...
Magneti Marelli Holding USA has set up an exhaust system manufacturing plant located in Independence Township, Mich., near Clarkston. The official opening was marked by a brief ceremony for its employees, followed b...
The Ministry of Road Transport & Highways has finally come out with a draft of the Road Transport and Safety Bill 2014 which will be tabled in Parliament during the Winter Session. The draft bill has been released t...
A German automobile club ADAC Accident Research says that around one fifth of all motorcycle accidents could have been prevented if the two-wheeler had been fitted with an anti-lock braking system (ABS). ABS is impo...
Interview with N. Raja, Senior Vice President & Director, Marketing & Sales Division, Toyota Kirloskar Motor Private Ltd.
US $ 8 billion Tenneco Inc. has published results of a survey showing that consumers experience a feeling of increased comfort, control and safety when driving cars equipped with intelligent (electronically-adjusted...
Dana Holding Corporation has begun the production of Victor Reinz multi-layer steel (MLS) cylinder head gaskets, exhaust gaskets, and transmission valve body separator plates at its facility in Wuxi, Jiangsu Provinc...
Marelli, a leading mobility technology supplier to the automotive sector, and Hesai Group, a global leader in automotive-grade lidar, announced a collaboration to integrate Marelli's innovative headla...
There is no end to fancy accessories for your car, be it for the interiors or the exterior. Can you imagine, you can also change your car key to a real fancy one? Keydroid India, the pioneering brand ...
Axalta Coating Systems, a leading global coatings company, announced its 2024 Global Automotive Colour of the Year – Starry Night. The latest edition marks the 10th year Axalta has introduced its auto...