Auto Industry

Hyundai Motor Group Executive Chair Euisun Chung visited India to review the Group’s mid-to long-term future mobility strategies, which lay the foundation for its leadership in the Indian market and sustainable grow...

Tata Passenger Electric Mobility Ltd. (TPEM), a subsidiary of Tata Motors, announced the start of production of passenger vehicles from its new factory in Sanand, Gujarat. This event marks a significant milestone fo...

The Maruti Suzuki Board approved termination of the contract manufacturing agreement and exercising the option to acquire the shares of Suzuki Motor Gujarat Pvt Ltd (SMG) from Suzuki Motor Corporation (SMC) subject ...

Leading industrial and automotive supplier, Schaeffler India Limited announced the appointment of Aashish Bhatia as President Automotive Technologies (Automotive OE business).

Sona BLW Precision Forgings Ltd. (Sona Comstar), one of the leading global providers of automotive technology solutions, has signed an agreement to acquire a 54% equity stake in Novelic, a Serbia-based company found...

Industrialist Cyrus Mistry, 54 years old and former chairman of Tata Sons, was killed in a road accident when he was travelling from Ahmedabad to Mumbai in a Mercedes car, according to official reports. He was kille...

Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors Ltd, and Ford India Private Limited (FIPL), have signed a Unit Transfer Agreement (UTA) for the acquisition of FIPL’s manufacturing plant...

Ellysium Automotives, the auto arm of United Arab Emirates based group company META4 Group, has announced the launch of its EV two-wheeler brand in India – EVeium.

Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors Ltd, and Ford India Private Limited (FIPL), have signed a Memorandum of Understanding (MOU) with the Government of Gujarat (GoG) for the ...

Bhago Mobility Solutions Private Limited (Bhago), the green energy vertical for Modern Automotive Limited (MAL) has announced its latest equity acquisition in Pastiche Energy Solutions (P) Ltd (Pastiche), one of the...

Ultraviolette, an electric two wheeler manufacturer has announced the acquisition of Triloki Smart Systems, a connected vehicle technology start-up, in a push towards scaling up its automotive intelligence platform ...

Pre-owned car retailing platform Spinny has acquired a 100% stake in AI-powered connected car startup Scouto. The deal will mark one of the first consolidations in the AI-powered used car solutions segment where Spi...

TVS Motor Company announced the successful acquisition of a 75% stake in the Swiss E-Mobility Group (SEMG). The acquisition reaffirms TVS Motor Company’s commitment to expansion in Europe through a portfolio of prem...

Samvardhana Motherson Automotive Systems Group BV (SMRPBV) has acquired a majority stake in Nanchang JMCG Mekra Lang Vehicle Mirror Co., Ltd by Ningbo SMR Huaxiang Automotive Mirrors Ltd. (SMR NBHX); which is a 50:5...

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 Piaggio group has won the first-instance European patent infringement suits against Peugeot Motocycles in Paris and Milan. Peugeot Motocycles is a 100 per cent subsidiary of Mahindra Two Wheelers, which in turn ...

Hyundai Motor Group has introduced a ‘Factory Safety Service Robot’ for industrial site safety, and announced its pilot operation at Kia’s plant in South Korea.

LML Ltd, the erstwhile Kanpur (UP) based two wheeler manufacturer owned by the Singhania family is now the property of Yogesh Bhatia controlled SG Corporate Mobility Pvt.Ltd. SG Corporate owns Detel, the flagship b...

Auto component manufacturers Anand Group of India and South Korea based Mando Corporation have announced the setting up of a new joint venture company called Anand Mando eMobility Private Limited for manufacturing a...

ZF Friedrichshafen AG (ZF) has divested its entire equity stake in Brakes India, a leading supplier of braking systems in the Indian market and a global supplier of ferrous castings. The acquisition of ZF’s equity s...

The Goodyear Tire & Rubber Company has announced that it has completed its acquisition of Cooper Tire & Rubber Company, finalising the merger agreement made public on February 22, 2021.

TVS Motor Company (TVS), owner of Norton Motorcycle Co Ltd (Norton) has announced the appointment of Dr Robert Hentschel as Chief Executive Officer (CEO) and Vittorio Urciuoli as Chief Technical Officer (CTO) of the...

As part of its growth strategy in the shared mobility space, Mahindra and Mahindra Ltd. (M&M) announced that it has entered into definitive agreements with shareholders of Meru Travel Solutions Private Limited (Meru...

A couple of days after Jagdish Khattar died on April 26, 2021, India’s leading car manufacturer Maruti Suzuki released half page obituaries in the country’s leading newspapers.

Tyre majors Goodyear Tire & Rubber Company and Cooper Tire & Rubber Company announced that they have entered a definitive transaction agreement under which Goodyear will acquire Cooper in a transaction with a total ...

UK based Norton Motorcycle Co Ltd, acquired by India’s TVS Motor Company in early 2020 has announced that the company is moving to a new headquarters. The state-of-the-art production site located in Solihull, West M...

Motherson Sumi Systems Limited (MSSL), via its Mexican subsidiary, Motherson Rolling Stocks S. de R.L. de C.V. (MRS), has signed an asset sale and purchase agreement to acquire the activities of Electrical Wiring In...

Italian motorcycle major Ducati has presented the new V4 Granturismo, the engine that will equip the long-awaited new generation of Ducati Multistrada, which is going to be unveiled on November 4, 2020.

Great Wall Motor (GWM), a global SUV manufacturer based in China has signed an MOU with the Maharashtra government to set up a state-of-the-art automotive manufacturing facility in Talegaon, committing an investment...

Shriram Automall India Limited (SAMIL) which is backed by Shriram Group & CarTrade, has acquired BlueJack, an online car selling portal in a bid to accelerate its offline auction market position with online used ca...

15th Edition of the Auto Expo-The Components Show 2020 by showcasing solutions for electric mobility, connected vehicles, and light weighting.

National Engineering Industries Ltd (NEI), part of the CK Birla Group, launched ‘needle bearing’ as a part of its comprehensive range of bearings at Auto Expo Components 2020 in New Delhi.

Indian bicycle major Hero Cycles Ltd has acquired a strategic stake in German premium e-bike manufacturer HNF Group. Hero Cycles has taken this stake together with German investment trust holding IBG Beteiligungsges...

National Engineering Industries Ltd (NEI), part of the USD 2.4 billion diversified CK Birla Group, announced the acquisition of Kinex Bearings through its wholly owned European subsidiary. Kinex Bearings is an inter...

The Central Bureau of Investigation (CBI) has booked former Maruti Udyog (now Maruti Suzuki) Managing Director and founder of Carnation Auto (the company was recently sold to Mahindra First Choice Services) Jagdish ...

Jaguar Land Rover, a Tata Motors owned company, has acquired Bowler, the UK-based manufacturer of all-terrain performance cars, parts and rally raid vehicles.

Mahindra Two Wheelers Europe, a subsidiary of Mahindra & Mahindra Ltd. (M&M Ltd), will be acquiring all outstanding shares in Peugeot Motocycles (PMTC), taking its share to a complete 100pc. Peugeot Motocycles, a ma...

Varroc Engineering Limited, a global Tier 1 auto component manufacturer, has agreed to acquire 74% stake in the Pune-based CarIQ Technologies, a leading integrated connected vehicle solution provider to OEMs, fleet ...

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...

22Motors, the new age electric mobility solutions company, obtained a worldwide patent for its invention of the hill assist control feature, a first in two-wheelers globally. The patent was filed on February 7, 2019...

Flash Electronics India Ltd, a leading electronic and electric auto components player has filed a law suit against Royal Enfield challenging patent infringement in the US regarding production of an important compone...

Even though reports suggest that Groupe PSA would be using the iconic ‘Ambassador’ name for its electric vehicles in India in the future, there was no official confirmation on it during the unveiling of the Citroen ...

The US $ 1.5 billion India based JBM Group with business interest in auto systems and assemblies has acquired major shareholding in Germany based Linde-Wiemann GmbH KG, a leading manufacturer of complex structural ...

MG (Morris Garages) Motor India inaugurated its new corporate headquarters in Gurugram. The commercial space for the new India headquarters, acquired by the company at a cost of Rs 150 crore, will also house the com...

Technology company Continental has successfully completed the acquisition of Kathrein Automotive GmbH after antitrust authorities officially approved the transaction. Incorporating the automotive division of Rosenhe...

A new research report by Nissan India and Save LIFE Foundation brought attention to the startling number of Indians compromising their own but also their children’s safety. Released by Nitin Gadkari, Union Minister ...

Mahindra First Choice Services (MFC Services) has entered into an asset acquisition agreement with the official liquidator of Carnation Auto (India) Pvt. Ltd. (CAPL). As a result, MFC Services will acquire key asset...

SAIC Motor Corporation, the biggest vehicle manufacturer in China, will soon be starting operations in India through MG Motor India, its fully owned subsidiary. SAIC, which has acquired a massive technological prowe...

Honda Motorcycle and Scooter India Pvt. Ltd. has announced that Honda Activa has now become the highest selling brand by achieving a milestone of 2 Core plus unit sales in the country. The iconic scooter was first ...

Mahindra First Choice Wheels, India’s leading multi-brand certified used car company has launched its “Edition” brand, the country’s first premium used cars franchise network.

Greaves Cotton, one of India’s leading diversified engineering companies, announced that they have entered into definitive agreements pursuant to which Greaves Cotton will acquire a majority stake in EV company Ampe...

Minda Industries Limited, flagship company of Uno Minda Group has announced acquisition of Germany based iSYS RTS GmbH, a leading developer of embedded systems and software to global vehicle manufacturers. The agree...

Bharat Forge Ltd., a Pune based global leader in metal forging, has announced a strategic investment of UK Pounds 10 million (Rs 90.30 crore approx.) in Tevva Motors (Jersey) Limited, a company incorporated and regi...

Crafting exceptional performance vehicles for luxury automaker Lexus requires commissioning the meticulous work of its Takumi masters. With at least 25 years of training, Takumi possess a rare blend of skill and spi...

Volvo Cars, the premium car maker, has announced new financial and operational ambitions that will position the company as a leading player in the global automotive business by the middle of the next decade.

Sweden based Volvo Cars, the premium car maker, has received almost 80,000 orders for the new award-winning XC40 small SUV and is expanding production in Europe and China in order to meet demand.

Precision Camshafts Ltd (PCL) has acquired 51% stake in Dutch electric driveline maker Emoss Mobile Systems B.V through its wholly owned Dutch subsidiary, PCL (International) Holding B.V. This is the third strategic...

Motherson Sumi Systems Limited (MSSL), the flagship company of the Samvardhana Motherson Group (SMG), through its step down subsidiary Samvardhana Motherson Automotive Systems Group B.V. (SMRP BV), has announced th...

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...

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...

Mahle, a leading international development partner and supplier to the automotive industry as well as a pioneer for the mobility of the future, is showcasing new new innovations for clean air and lower emissions at ...

Technology company Continental has signed a definitive agreement to acquire a 5 percent indirect ownership stake in HERE Technologies, a global leader in mapping and location services. The share will be sold by HERE...

Samvardhana Motherson International Limited (SAMIL), the principal holding company of Samvardhana Motherson Group has announced that it has successfully acquired 100% of MS Global India Pvt Ltd (MSGI), from the Kore...

German Mirror Lubricants & Greases, a leading global manufacturer of premium quality lubricants and greases have launched ‘Mirr Oils’ - range of lubricants catering to needs of automotive, marine and industrial appl...

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...

The erstwhile car manufacturing plant of General Motors India in Halol, Gujarat was taken over by MG Motor, a UK based company. The Halol facility will now be the manufacturing plant for MG Motor. The company announ...

Magneti Marelli has acquired a stake in LeddarTech Inc., a worldwide leader in solid state LiDAR (Light Detection and Ranging) sensing technology. Magneti Marelli and LeddarTech have also entered into a technical an...

The Automotive Component Manufacturer Association of India (ACMA), an apex body which represents India's auto component manufacturing fraternity has announced the appointment of Nirmal K. Minda, Chairman & Managing ...

Motorcycle manufacturer Royal Enfield has started commercial production from its new manufacturing facility at Vallam Vadagal near Chennai, Tamil Nadu in India. Spread over 50 acres, the Vallam Vadagal plant will be...

Michigan (US) based Key Safety Systems (KSS), one of the leading brands in automotive safety systems, has reached an agreement in principle with the recall rocked Takata Corporation of Japan to sponsor a restructuri...

Mahindra Electric, manufacturer of electric vehicles (EV) and a part of the Mahindra Group, has unveiled a comprehensive technology and product roadmap, leading to the next generation of electric vehicles, which the...

Motherson Sumi Systems Ltd (MSSL) has acquired Finland based global auto component major PKC Group Plc for approximately Euro 571 million (Rs 4026 crore approx.)., a move that will help the Vivek Chaand Sehgal led ...

Sundaram-Clayton Limited (SCL) is planning to invest Rs 400cr over 3 years to expand its facilities in India. This will increase its capacity from 60,000 MT to 70,000 MT. SCL has 4 manufacturing plants situated in ...

Leading global auto components major Motherson Sumi Systems Ltd (MSSL) controlled by Vivek Chaand Sehgal has announced plans to acquire PKC Group Plc of Finland for around Euros 571 million (approximately Rs 4160 cr...

International Automotive Components (IAC) and Shanghai Shenda Co. Ltd. (Shenda) have announced the signing of a definitive agreement to form a global joint venture (JV) partnership to supply soft trim and acoustics...

Rockman Industries, a Hero Group company has acquired a majority stake in Moldex Composites, a British-Indian venture, thereby making its intention known that it is investing in next-gen carbon composites technology...

Mahindra & Mahindra is on an acquisition spree in both its four-wheeler as well as two-wheeler businesses. After buying controlling stakes in companies like car maker Ssangyong of South Korea and Italian vehicle des...

International technology company Continental announced the acquisition of Lakeville, IN-based Hoosier Racing Tire Corp., a manufacturer of specialty tyres for racing applications. Hoosier was founded in 1957 and has...

Interview with Pankaj Dubey, Managing Director, Polaris India Pvt Ltd. Dubey talks about the progress of Indian Motorcycle, part of the Polaris Group.

The Indian two-wheeler industry is gleefully hoping that the remaining months of the current fiscal 2016-17 will see a spurt in demand for two-wheelers.

‘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 ...

Escorts Ltd has announced the divestment of its OEM & Export business of Auto Product division to Badve Engineering Ltd., Pune in an all cash deal as a part of the planned strategic reorientation of the business to ...

Wabco Holdings Inc, a leading global supplier of technologies that improve the safety, efficiency and connectivity of commercial vehicles, has acquired a new customer, Mahindra & Mahindra, one of India’s largest man...

Interview with Claude d’Gama Rose, Managing Director, Continental Automotive Components India

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...

Japanese automaker Suzuki Motor Corp. apologised on Wednesday May 18, 2016 for improper road tests that the company had conducted, but denied reports of any cheating on mileage numbers. The Suzuki fuel mileage scand...

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...

Nissan Motor Co., Ltd. and Mitsubishi Motors Corporation, (MMC) have announced that they have signed a Basic Agreement to form a far-reaching strategic alliance between the two Japanese automakers. Following an MMC ...

Automobile components manufacturer Minda Industries Ltd announced an acquisition of the global lighting business of Spain based Rinder Group that manufactures automotive lamps- head lamp, tail lamps and small lamps....

Pricol Limited, a leading manufacturer of automotive components for the global market, has unveiled its new brand identity, a new logo that demonstrates the value and the commitment Pricol brings to its four signifi...

P Tharyan, Editor, Motown India interviews Simon Alford, Sr. Manager, Automotive Products, Autodesk Ltd, UK at the Autodesk University event held recently in Las Vegas, USA

P.Tharyan of Motown India interviews Diego R Tamburini, Manufacturing Industry Strategist, Industry Strategy & Marketing, Autodesk, Inc, USA at the Autodesk event held in Las Vegas recently.

Tech Mahindra Limited, a leading provider of IT, Networks and Engineering solutions and BPO services, and Mahindra & Mahindra have jointly entered into an agreement with Pincar S.r.l., to purchase a controlling stak...

Leading Germany based auto components maker Bosch (www.bosch.com) is researching batteries that will make it possible to drive longer distances without recharging, and will also cost less than current batteries.

Hero Cycles, world’s largest bicycle manufacturer by volume, has acquired Firefox Bikes, India’s largest premium bicycle brand, as part of its strategy to further cement its position in the fast-growing premium cycl...

JK Tyre & Industries has finally confirmed that it is buying Cavendish Industries Ltd (CIL) tyre unit of Kesoram Industries. In a press release, the company stated that JK Tyre & Industries Limited (JK Tyre) and JK...

Avtec Ltd, among the several brilliant companies of the CK Birla Group, has got several formulas ready for engineering a massive growth in the near future. But the common ingredient that will make all these formulas...

Federal-Mogul Powertrain, a division of Federal-Mogul Holdings Corporation of the US has announced that it has developed a new premium diesel piston aluminium alloy, called DuraForm-G91. In benchmarking tests, the n...

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...

Interview with Prabhakar Kadapa, Chief Executive Officer, Avtec Ltd. Kadapa talks at length about his company's aggressive growth plans