Auto Industry

SAIC Motor, a global Fortune 500 company with annual revenues of around US$ 110 billion and a presence in over 100 countries and the US$ 23 billion JSW Group, (India’s leading conglomerate with interests across B2B ...

HMC HIVE, a Hero Motors Company, from its integrated e-cycle manufacturing facility at Hero Cycle Valley in Ludhiana, announced its partnership with Belgian Cycle Factory, a leading cycling company in Europe and own...

The Indian State of Maharashtra and Gogoro Inc, a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, announced that the Maharashtra government had presente...

The Indian State of Maharashtra announced a strategic energy partnership with Gogoro Inc. and Belrise Industries (erstwhile known as Badve Engineering Ltd) to establish an unprecedented battery-swapping infrastructu...

The Indian State of Maharashtra announced a strategic energy partnership with Gogoro Inc. and Belrise Industries (erstwhile known as Badve Engineering Ltd) to establish an unprecedented battery-swapping infrastructu...

Ford India has announced that it will cease manufacturing vehicles for sale in India immediately. The manufacturing of vehicles for export will wind down at Sanand vehicle assembly plant by Q4 2021, and Chennai engi...

Ola Electric and Bank of Baroda have signed the largest long-term debt financing agreement in Indian EV industry. This 10-year debt of US$100 million is towards the funding and financial closure of the Phase 1 of th...

GoMechanic, a leading technology-enabled auto after-sales service and spare parts company, has announced securing US$42Mn in Series C funding in a round led by Tiger Global Management with the existing investors Seq...

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...

At Auto Shanghai 2021, Huawei has launched its next-generation intelligent components and solutions, including the 4D imaging radar, AR-HUD, and MDC 810 during its Huawei Inside (HI) product launch titled "Focused ...

The Board of Directors of Apollo Tyres Ltd has approved an issuance of compulsorily convertible preference shares in the company worth Rs 1080 crore million (approximately US$150 million) to an affiliate of Warburg ...

The domestic automotive industry is likely to be negatively impacted due to the recent outbreak of coronavirus (COVID-19) across China and neighbouring countries in South-East Asia.

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...

Ford India will be transferring its Indian operations, including its personnel and assembly plants in Chennai in Tamil Nadu and Sanand in Gujarat, as well as the Global Business Services unit, Ford Credit and Ford S...

Mahindra & Mahindra’s Farm Equipment Sector (FES), a part of the Mahindra Group announced an investment of CHF 4.3 million (US$4.3 million- Rs 30.04 crore approx.) for an 11.25% stake in Switzerland based agri techn...

As dependence on conventional fossil fuels abates considerably all over the world in the coming years, electricity generated by wind, sun and batteries will define the way power is generated. The share of coal will ...

Kia Motors India (KMI) has announced the appointment of Kookhyun Shim as Managing Director and Chief Executive Officer with immediate effect. Shim will be responsible for driving Kia Motors’ expansion in the Indian ...

Advik Hi-Tech, a leading global automotive component manufacturer announced that it has won 6 orders for supply of Transmission Oil Pumps from Magna Powertrain, the largest independent supplier of 4WD/AWD systems gl...

Mahindra, Uber join hands to deploy electric vehicles

South Korea’s leading car manufacturer Kia Motors is investing US $ 1.1 billion in India to build manufacturing plant in the state of Karnataka in South India. The construction of the Kia Motors manufacturing plant ...

Hyundai Motor Group has earmarked around US$73 billion in facilities and R&D between 2015-2018. The US $44 billion Kia Motors Corporation, a leading car manufacturer based in South Korea and a company which is part ...

There has been a lot of speculation about car manufacturer Kia Motors of South Korea making an entry into India. According to highly placed sources, Kia is definitely on its way into India and is actively considerin...

Mahindra & Mahindra Ltd has signed an MOU with shared transportation platform, Ola to empower 40,000 driver partners across India by 2018. Through this strategic alliance, they aim overall vehicle sales and financin...

‘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 ...

For the first time in five years, “Make in India” lost some of its sheen in the Indian auto components industry as imports increased dramatically and exports recorded a negative growth. Exports recorded (-) 3.7pc gr...

Ford India’s Chennai plant has reached a production milestone by rolling out the one millionth vehicle and engine at its Chennai Vehicle Assembly and Engine Plant (CVAEP). The company had started its operations in 1...

Leading Indian motorcycle manufacturer Hero MotoCorp Ltd. (HMCL) set a historic milestone with its ‘first’ global manufacturing facility, at Villa Rica, in Colombia going operational, on September 8, 2015.

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...

The wholly owned subsidiaries of HMCL --- HMCL NA, Inc. and HMCL Americas, Inc.----as per a “Settlement Agreement,” have agreed that HMCL Americas Inc. will acquire the ownership of certain tangible and intangible a...

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...

BorgWarner is a global product leader in powertrain solutions. The company focuses on developing leading powertrain technologies that improve fuel economy, emissions and performance. Its facilities are located acros...

Interview with Sandeep Balooja, Vice President, Automotive Component Manufacturers Association of India / Member-Anand Management Committee/ Executive Chairman- Mando

Ford Motor Company is betting big in India and has on March 26, 2015 inaugurated an integrated manufacturing facility including a state-of-the-art vehicle manufacturing facility and a world-class engine plant in San...

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...

SABIC is the Saudi Basic Industries Corporation, one of the world’s leading manufacturers of chemicals, fertilizers, plastics and metals. Ranked among the world’s largest petrochemicals manufacturers, SABIC is a pub...

The Hero MotoCorp Ltd plant at Neemrana in Rajasthan has gone on stream. The plant will contribute towards enabling the company to surpass 100 million units in cumulative production by year 2020.

The sluggish macro-economic factors during the last three years have led to a significant slowdown, which is amongst the worst that the Indian automotive industry has witnessed. This has impacted the pace of growth ...

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...

Our vision is to become a global conglomerate and we will be working on multiple directions to further our objectives. On one hand, we will continue to enhance our base in the two-wheeler market by adding new custom...

Collaboration has always been our DNA and we firmly believe in our science-based solutions to truly make a difference. We make one of the advanced polymers which will be able to replace metals in the automobile to m...

Apollo Tyres Ltd and Cooper Tire & Rubber Company have announced the execution of a definitive merge

Unlike cosmetics or garments, the battery industry is a wee bit conservative in popularising its products. This is because our customers make are not making a pleasure-seeking purchase, but a harassment one. So we h...

In the next five years, we should be looking at revenue of close to 150 crore. By that time, we will be able to ramp up our headcount to over 400. Within a distance of 7km from iCAT, we will be establishing another...

Our association with Ferrari is over 60 years old. And there are a number of benefits that we derive out of it. Formula One is all about raw speed, power, engine performance, etc. It is not only the question of heat...

Varroc Group has announced their acquisition of the Visteon equity interest in its China-based light

Interview with Vinnie Mehta, Executive Director, Automotive Component Manufacturers Association of India (ACMA)

The automation arm of Crompton Greaves (CG), ZIV Metering Solutions, has bagged an order to supply I

What we are offering with the Sail U-VA is value, space, etc. The most encouraging thing is that we don’t have any negativity about this product. Whoever has bought it is very happy, says Ashwani Muppasani

URB Group, one of the leading European bearing makers, has announced that

Interview with Glenville da Silva, President, ICEMA & Vice President of Business Development, Asia, Volvo Construction Equipment (Volvo CE)

The National Electric Mobility Mission Plan 2020 is expected to be launched by Prime Minister Manmoh

ACMA, the apex body representing India’s Auto Component manufacturing industry

Interview with Vikram Malhotra, Vice President, Marketing & Sales, JK Tyre & Industries Limited

ACMA, the apex body of the Auto Component Industry in India today hosted its 52nd Annual session

We are very happy with the way the car rental business has shaped up. This is because as the market is evolving, our clients are feeling the need to have high-quality organised sector players who offer a very high s...

Ford India has announced it has completed the expansion of its engine plant, increasing annual engin

Mahindra & Mahindra Ltd., the country’s leading utility vehicle manufacturer and a part of the US$ 1

We are under process to expand our capacity at the Surajpur factory. Finally, we can produce 1 million units per annum in two shifts. For this fiscal, we are targeting 6.5 million units in sales, out of which 4.5 mi...

The word ‘high-end’ in India is a bit misleading. In India, anything over 10,000 is considered a high-end product. And will this segment keep on increasing? Absolutely, there is no way it can’t because the kids are ...

The Renault-Nissan Alliance and state corporation Russian Technologies have agreed to create a joint

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...

Hero MotoCorp sold 5.4 million two-wheelers in 2010-11 and aims to exceed sale of six million units this financial year. A factor such as rising input costs affects all players equally.

Hero MotoCorp sold 5.4 million two-wheelers in 2010-11 and aims to exceed sale of six million units this financial year. A factor such as rising input costs affects all players equally.

Ford India is laying the foundation for its new US$1 billion state-of-the-art, integrated manufactu

With India poised to play a key role in the Asia region, the Volvo Buses has announced that Manish S

The Annual Budget 2012-13 has been tabled in the parliament and is widely believed to move and shake

Caterpillar Inc. , a leading American machine and engine manufacturer, has announced that it will

We normally look at it from the perspective of task and finishing. But my take on that it is a continuous journey. There is no end to any organisation’s growth. It’s a continuous journey and if you look at it from E...

Anand Mahindra, Vice Chairman and Managing Director, Mahindra Group, has been appointed Honorary Amb

Mercurio Pallia Logisitcs Pvt Lts, a joint venture company between Gruppo Mercurio SPA of Italy and

Ford India broke ground for its new, state-of-the-art integrated manufacturing facility in Sanand

ACMA, the apex body representing India’s Auto Component manufacturing industry, has announced

Hero MotoCorp Ltd., formerly known as Hero Honda, has launched its new name and logo at the O2 Arena

NK Minda Group rolls out four-wheeler CNG kits

Ford Motor Company announced it will build an integrated manufacturing facility in Gujarat

Nissan produces 100,000th Micra in India

Ford India starts production of all-new Ford Fiesta

Apollo Tyres partners Ideal Motors in Sri Lanka

Apollo Tyres focuses on Dubai as a hub for its Middle East operations

Ford India announces U.S. $72m investment to increase engine plant output

Eaton Corporation opens its first integrated test lab in India

N K Minda Group opens design centre in Taiwan

Hirotec to establish a Rs. 20 crore facility in Coimbatore

Amara Raja Group dons new identity

ACMA seeks Rs. 7,500 crore Tech Fund

Tenneco products for Toyota Etios

Cummins India inaugurates its three plants in India

TVS Logistics buys 100 pc of TVS America

Cummins in India has inaugurated its 300-acre project at Phaltan

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

Ssangyong Motor Company M&M its preferred bidder, announced the signing of a definitive agreement

TALEGAON- General Motors has inaugurated its new flexible-engine facility at Talegaon near Pune...

CHONGQING, CHINA: Ford's JV, Changan Ford Mazda Automobile (CFMA) signed a Memorandum of Understandi

NEW DELHI: India’s auto industry is likely to generate a turnover of nearly US$ 110 billion (Rs 5 l