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...

Automobile market has not responded till now to FM’s incentives, says SIAM President

The Society of Indian Automobile Manufacturers (SIAM) President Rajan Wadhera has said in a press release that the sales report coming out from various companies for the month of August 2019 has been very dismal wit...

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, ...

Interview with Arvind Saxena, Director (Marketing and Sales) Member of Board, HMIL

We have finalised the plan for a diesel engine plant. We would manufacture all diesel engine requirement in India itself. I think by the second half of 2013 we should have a diesel engine being manufactured here. T...




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