Okinawa Autotech aims to clock Rs 465 crore revenue in FY 22

Okinawa Autotech, a leading electric vehicle (EV) manufacturer has announced a range of milestones achieved over the last financial year, as well as the roadmap for the ongoing financial year. The company clocked a...

Union Budget 2021-22: There is a buzz in the Electric Vehicle Space

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...

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 ...

BMW Group India sells 6092 BMW cars, 512 MINI cars in 2020.

BMW India sprints ahead at the end of a difficult year amidst adverse market conditions with 6,092 units.

Electric two wheelers witness tepid growth despite Govt subsidy, says ICRA Survey

The demand and volumes of electric two wheelers (e-2Ws) have witnessed a very lackadaisical growth in recent years and despite the government’s thrust on adoption of electric vehicles (EV).

STELLANTIS is the new group name post merger of FCA, Groupe PSA

As both Fiat Chrysler Automobiles N.V. and Peugeot S.A. ("Groupe PSA") move towards the completion of their 50:50 merger as defined in the Combination Agreement announced on December 18, 2019, the two companies have...

Mahindra Ecole Centrale develops Autonomous Underwater Vehicle

Mahindra Ecole Centrale (MEC) has announced the launch of its first Autonomous Underwater Vehicle (AUV) named Black Pearl. Created by MEC students and mentored by their professors, the Black Pearl is a self-propelle...

Groupe PSA, FCA to merge into Euros 170 billion auto behemoth

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...

58th ACMA Session: Huge opportunity awaits Indian auto component industry

Tremendous opportunities await the auto component industry in India on the back of the growing vehicle consumption in India on one hand and the introduction of next generation mobility on the other. ACES – Autonomou...

Nikhil Nanda appointed Chairman, Managing Director of Escorts Ltd

The Board of Directors of Escorts Limited has appointed Nikhil Nanda as the Chairman and Managing Director of the company. Nikhil Nanda has succeeded Rajan Nanda, former Chairman and Managing Director of Escorts Lim...

Honda 2 Wheelers commits Rs 800 crore investment for 2018-19

After creating a new world record by becoming the only company in India and the world to add 1 million incremental sales in one year, Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) has earmarked Rs 800 crore inve...

Precision Camshafts acquires precision machinist MFT of Germany

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...

Siddhartha Varma is Marketing Director, Ducati India

Ducati India has appointed Siddhartha Varma as the Director of Marketing for its operations in the country. Siddhartha will spearhead Ducati’s marketing initiatives in India and lead the company’s growth and expansi...

Twenty years on, the Honda City is still a city favourite

But many car brands have only matured with time, one of them being the Honda City from Honda Cars India Ltd, which has kick-started its celebrations to commemorate 20 successful years of Honda City in India.

BorgWarner’s HVH motor technology electrifies Scania Hybrid Bus

BorgWarner continues to drive electrification into the commercial vehicle market segment with its powerful High Voltage Hairpin (HVH) 410 electric motors. The advanced and highly efficient technology propels Scania’...

Piramal Finance commits Rs 565 Crore in 2 auto component firms

Piramal Enterprises Limited through its subsidiary Piramal Finance Limited has financed RSB Group to the extent of Rs. 275 crore and Indoshell Mould Limited to the extent of Rs. 290 crore. The investments were made ...

BorgWarner supplies durable silent chains for Suzuki Solio Hybrid

BorgWarner, a global leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles, produces silent chains for Suzuki’s Solio hybrid vehicle. When driving under electric power, two ...

Honeywell environmentally preferable refrigerant for Indian vehicles

Honeywell has announced that it has entered into a supply agreement and technology license with an Indian manufacturer to produce Honeywell Solstice yf, an automobile refrigerant with a global warming potential of l...

Hero Electric launches E-Tipper; Lithium Ion technology for scooters

With electric vehicles slowly gaining popularity the world over, and India beginning to accept its green advantages, Hero Electric, a pioneer in the electric two-wheeler industry, has launched several innovative pro...

Pavan Shetty appointed Director of Porsche India

Pavan Shetty has been appointed as Director of Porsche India, a division of Volkswagen Group Sales India Private Limited, with immediate effect. His remit covers the entire spectrum of Porsche’s activities in Ind...

Markus Sternberg is Vice President – Aftersales, GM India

General Motors India has announced the appointment of Markus Sternberg as Vice President, Aftersales, General Motors India, effective January 1, 2016. With his rich experience of working across many countries and or...

BHARAT FORGE LTD: Forging a Make in India Global Plan

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...

South India Special Part 1: Tamil Nadu

Five states comprising Tamil Nadu, Kerala, Andhra Pradesh, Karnataka and the newly formed state of Telangana make up South India. Among these, it’s Tamil Nadu that is way ahead when it comes to its contribution to t...

Belt drives belt their way into engines globally

There is this simple formula which is not only dominant but also respected among automobile engineers. The formula says that “Less friction + less weight = less fuel consumption” which in turn also means fewer CO2 e...

GM celebrates with 500 million cars being sold since 1908

Five hundred million! Now this is a number you can surely be proud of! US based General Motors has announced the celebration of 500 million GM-branded vehicles built globally over the past 106 years – the most by an...

Lego overtakes Ferrari as the world’s most powerful brand

Lego brand scores highly on a wide variety of measures on Brand Finance’s Brand Strength Index such as familiarity, loyalty, promotion, staff satisfaction and corporate reputation. Lego is a uniquely creative and im...

Mercedes-Benz India takes the BEST step forward

Having recorded sales of more than 10,000 units in calendar year 2014, Mercedes-Benz India wants to ensure that it Lives the Best. So, for 2015 Mercedes-Benz India announced its strategy founded on its brand philoso...

Tata Motors Dec 2014 sales of passenger cars increases 52pc

Even though Tata Motors’ total sales grew by 10pc in December 2014, as compared to the corresponding month last year, the company recorded a 52pc growth in passenger car sales for the month at 9956 units, propelled ...

Honda Cars India records 163 pc sales growth in Dec 2014

Propelled by sales of the Honda City, Amaze, Mobilio and Brio cars, Honda Cars India Ltd. (HCIL), clocked 14,428 units of domestic sales in the month of December 2014 as against 5,493 units sold during December 2013...

GM exports to begin with Beat to Chile

General Motors’ Talegaon plant near Pune in Maharashtra will begin production of vehicles meant for exports in the second half of 2014. The company will commence exports of left hand drive version of the Chevrolet B...

Starting June 2014, Honda starts new era in India

Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) has announced its ambitious and aggressive business plan for FY’ 2014-15 at its 13th Annual Business meet amidst thunderous applause from over 900 business partners,...

Opel’s tryst with catalytic convertors for 25 year

When Louis R. Hughes took over at the helm of Opel in April 1989 – 25 years ago this month – he was faced with a myriad of tasks, but his attention immediately turned to catalytic converters. His first decision also...

A8 L Security meets highest security level

This car is one which our Indian politicians would love to be driven in. Or as a matter of fact every notorious gangster too! Audi has launched the A8 L Security. The high-security version of the luxury sedan meets...

Audi plans €22 billion investment through 2018

Audi is launching an extensive investment programme for the next five years: Between 2014 and 2018,

Faurecia and Magneti Marelli sign agreement

Faurecia and Magneti Marelli have signed a cooperation agreement for the design, development and man

Rajeev Chaba named Shanghai GM & GM China VP

India-born Rajeev Chaba named Shanghai GM & GM China VP

Dana breaks ground on US$ 20 million tech centre

Dana Holding Corporation formally broke ground for a US$20 million ( Rs. 90 crore) tech centre

Hover Automotive India appoints Dinesh Jain as CEO

Hover Automotive India (HAI) has announced the appointment of Dinesh Jain as its CEO




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