Auto Industry

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...

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...

The Federation of Automobile Dealers Associations (FADA), the apex body representing the Indian auto retail industry has among its several demands to the government sought clarity on the Non-Disclosure Agreement (ND...

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...

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...

Classic Legends Pvt. Ltd. has successfully delivered around 2000 units of its Perak model during this festive period. Classic Legend’s growing sales performance is boosted by the BS6 variants of Jawa and Jawa forty ...

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...

Very soon, traffic violations will invite huge penalties for motorists in India as the Motor Vehicles (Amendment) Bill, 2019 was passed by Rajya Sabha.

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.

Society of Indian Automobile Manufacturers (SIAM) welcomed the government’s decision to reduce the GST rate on electric vehicles from the present 12% to 5%.

Building on the success of its solar business, Kolkata-based KSL Cleantech Ltd. (formerly known as Kirti Solar Limited), one of the largest and most experienced solar photovoltaic companies in India, is gearing up t...

The good news is that Mahindra & Mahindra is ready with its BS VI engines across its entire diesel and gasoline portfolio. The entire transition will be costing the company upwards of Rs 1000 crore. With its portf...

Hyundai Motor Group and Ola, one of the world’s largest ride-hailing platforms, announced a strategic partnership under which Hyundai Motor Company (Hyundai) and Kia Motors Corporation (Kia) will make their biggest ...

MG Motor India will be investing a total of Rs 5000 crore in six years time in India and will be launching its first vehicle, a sports utility vehicle (SUV), in India in the first quarter of calendar 2019. The comp...

TVS Motor Company has launched the TVS Apache RR 310. The motorcycle marks TVS Motor Company’s entry into the super-premium segment, both in domestic and international markets. The TVS Apache RR310 will be availabl...

Leading global industrial and automotive supplier Schaeffler has reiterated its focus on India as a key manufacturing hub by announcing the expansion of its operations at INA Bearings in Talegaon, Pune. The Rs 200 c...

Bengaluru based Ather Energy has announced that India’s first truly smart, electric scooter, the S340 will begin mass production in the coming months at its new factory in Whitefield Bengaluru. The company kick-star...

Bengaluru based Ather Energy, the smart electric two-wheeler start-up, announced a fresh round of funding of Rs 180 crores from Hero MotoCorp for 26-30% stake.

Motorcoats India, an emerging automotive aftermarket technology brand, has announced its expansion plans for the next 24 months in India. The company offers exterior and interior car protection services. After it...

Volvo Cars and Uber are to join forces to develop next generation autonomous driving cars. The two companies have signed an agreement to establish a joint project that will develop new base vehicles that will be abl...

‘Kabali’, the blockbuster Tamil movie starring south Indian superstar Rajnikanth got off to a roaring start in July 2016 across cinema halls in India. While Rajnikanth is, without doubt, a showstopper and a star to ...

The important provisions include increase in compensation for Hit & Run cases from Rs. 25000 to Rs. 2 lakhs. It also has provision for payment of compensation upto Rs 10 lakh in road accidents fatalities.

The bite of the Chinese dragon is beginning to get fatal for the Rs 50,000 crore Indian tyre industry. On the one hand while Indian tyre majors are facing a severe shortage of raw material like rubber in the countr...

German auto giant Volkswagen will formally begin recalling cars in the country from July 2016 to fix emission software. To begin with the company will recall 198,500 cars in the country next month to fix emission ...

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...

Volkswagen which had earlier stated that it would submit interim results of its probe into the diesel emissions scam, has now said it will not be able to do so because of various sensitive reasons. This decision, th...

As has always been happening in the past, the Indian automotive industry has been left with no other choice, but to grin and bear it and pretend everything is hunky- dory. An additional 1 per cent tax will now be co...

Volkswagen Group India has notified the Ministry of Heavy Industries and the Automotive Research Association of India (ARAI) that approximately 323700 cars belonging to the Volkswagen, Skoda and Audi companies in In...

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 ...

German car major Volkswagen has stated that it is setting aside a provision of some Euro 6.5 billion (approximately US $ 7.2 billion) to cover the necessary service measures pertaining to software glitches resulting...

Varroc has probably the most diverse portfolio of products for the two wheeler industry ranging from plastics to electrical, electronics and metallic products for powertrains. We even make catalytic converters. We a...

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...

The Firodia family controlled Force Motors has inaugurated a modern Engine Assembly plant in Chennai in the southern Indian state of Tamil Nadu. Built at a cost of around Rs 200 crore, the plant has begun assembling...

Agricultural activities in the country will get an indirect boost with the decision of Aspada Investment Company to invest Rs 20 crore ($3.3 Million) in Delhi-based EM3 AgriServices Pvt Ltd. EM3 provides a full rang...

Force Motors has now confirmed to Motown India that this new facility which is being built in Chakan is a “dedicated facility for Mercedes Benz India Ltd”. A spokesperson for the company informed that the company wi...

Nirmal Minda controlled Uno Minda and Kosei Aluminum Co. ltd. a leading Japanese alloy wheel manufacturer have entered into a joint venture agreement to manufacture and sell alloy wheels in India. The JV ceremony to...

Tarang Jain, Managing Director of the Rs 8000 crore Varroc Group talks of his company's focus on growth, his past acquisitions and his strategy to become a Rs 20,000 crore company by 2020.

BMW India has partnered with major Indian auto component suppliers for sourcing of components for local production of its cars at BMW Plant Chennai. According to a BMW India press release, the suppliers are Force Mo...

As we announced in July this year, we will launch the Gurkha next month in September 2014. Therefore we thought of the RFC in August. If we win the RFC there will be nothing like it. We have in the meantime learned ...

Bharat Forge Limited announced that its German Subsidiary Bharat Forge Aluminumtechnik GmbH & Co KG (BFAT) has won a multiyear contract approximately worth Euro 250 million (Rs 2058.6 crore approx.) from a German OE...

Mahindra Logistics of Mahindra Group has received an investment of Rs 200 crore for a significant minority stake from Kedaara Capital, according to a media release from the company. This is the venture capitalists’ ...

Dutch supercar maker Spyker N.V may have delayed its plans to enter India but has in the meantime introduced first-of-its-kind investment opportunity to support launch of its Spyker B6 Venator. The company has creat...

Hoshiarpur (Punjab) based Sonalika group International Tractors Ltd (ITL) is contemplating on establishing two more assembly plants in Africa, riding back on the success of exporting 6,000 units in that region. Acco...

Maschio Gaspardo group which specialises in the production of agricultural machinery has announced

To make life easier for commuters in Gurgaon, Ativa Auto Services for the first time launched ‘White

ITALY: At a meeting on June 3, 2010 in Milan (Italy) chaired by Roberto Colaninno, the Board of Dire