Mahindra offers customers India’s first one-stop solution for vehicle scrapping

Mahindra & Mahindra has signed an MoU with Mahindra MSTC Recycling Private Limited (MMRPL) towards offering its customers first of its kind end-to-end solution for scrapping of vehicles. MMRPL is engaged in the busi...

Luxury Ride expects 60pc revenues from online sales of pre-owned luxury cars

With social distancing the norm of the day during the prevailing covid-19 pandemic, Luxury Ride, a growing chain of pre-owned luxury cars, announced that it is expecting as much as 60% of all its revenues to come fr...

Venkatram Mamillapalle is new MD of Renault India from March 1, 2019

Venkatram Mamillapalle will takeover as Managing Director for Renault India Private Limited and Head of Renault Operations in India from Sumit Sawhney, effective March 1, 2019. Sawhney will be moving to a new positi...

Cero (Mahindra MSTC Recycling Pvt. Ltd.) is India’s first authorised recycler of vehicles

Cero (Mahindra MSTC Recycling Pvt. Ltd.) has become India’s first authorised recycler for motor vehicles, having received accreditation by the Delhi Government on December 21, 2018. Cero, a joint venture between Mah...

Sumitomo Corporation buys 49% stake in Mukand Sumi Special Steel

Sumitomo Corporation has brought a 49% stake for Rs 1180.99 Cr in the joint venture company, Mukand Sumi Special Steel Limited, a leading specialty steel supplier for the fast growing automotive and engineering indu...

JBM Group denies recovery of Rs 7 crore cash and gold in I-T raids

Immediately after a news agency reported that Income Tax officials had raided the premises of SK Arya controlled US $ 1.2 billion JBM Group (Jai Bharat Maruti) and had recovered around Rs 7 crore cash and three kilo...

Sumit Sawhney at 2017 57th SIAM Annual Convention - Country CEO & MD, Renault India Pvt. Ltd.

P. Tharyan, Editor, Motown India interviews Sumit Sawh...

Mahindra Intertrade,  MSTC Ltd. JV agreement for auto shredding facility

Mahindra Intertrade Ltd., a part of the Mahindra Partners Division of Mahindra Group, and MSTC Ltd. (a Government of India enterprise) have signed a formal joint venture agreement to set-up India’s first-of-its-kind...

Mahindra Intertrade, MSTC Ltd. sign MoU to set up India’s first auto shredding facility

Mahindra Intertrade Ltd., a wholly owned subsidiary of the Mahindra Group, has signed a Memorandum of Understanding (MoU) with MSTC Ltd. (a Government of India enterprise formerly known as Metal Scrap Trading Corpor...

Automotive industry grins and bears it, as usual

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...

13th Auto Expo - Components Show sees more than 1500 companies

The 13thAuto Expo – Components Show was formally opened at New Delhi’s Pragati Maidan by Union Minister for Heavy Industries & Public Enterprises Anant Geete at the ribbon cutting ceremony.

Govt mulling creation of new Transport Department, says Gadkari

Union Minister of Road Transport and Highways Nitin Gadkari has stated that the Government has been mulling the option of creating a new department of transport which will be headed by a new Secretary. The new depa...

SPECIAL REPORT ON INDIAN TYRE INDUSTRY: An Un-Tyre-ing Journey

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...

Union Budget reactions from the Indian auto industry

Finance Minister Arun Jaitley presented the General Budget for the year 2015-16 in Lok Sabha on February 28, 2015.

Electric Motor scores over internal combustion engine in Union Budget 2015-16

The Electric Motor seems to have scored over the conventional internal combustion engine in the Union Budget 2015-16. And rightly so! The electrical vehicle industry has been bleeding profusely in the last few years...

Sumit Sawhney new Country CEO, MD, Renault India

Renault SAS, France has announced the appointment of. Sumit Sawhney as Country CEO and Managing Director for Renault Group operations in India. Sumit takes over from Marc Nassif, who moves to a global assignment wit...

Interview with Sumit Sawhney, Vice President (Marketing, Sales and Aftersales), General Motors India

a few of our international models are available in LHD configurations. That’s always a challenge. But from a performance point of view, we have the relevant models like the Cruze in India. It has been the segment le...

Interview with Sumit Arora, Research Director—Automotive, Ipsos Marketing

Interview with Sumit Arora, Research Director—Automotive, Ipsos Marketing

Interview with Sanjay Singh, Vice President—Corporate Planning, Hero Motors

The automotive industry growth does not in any way affect the sales in the cycle industry. The two industries are not linked in any way when it comes to demand for the products. The two industries cater to two diffe...




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