TVS buys majority stake in personal e-mobility co. EGO Movement

TVS Motor Company has announced a partnership with Swiss technology company EGO Movement as a majority shareholder, in an all-cash deal through its Singapore Subsidiary TVS Motor (Singapore) Pte Ltd. The partnership...

Shriram Automall acquires Bluejack, an  online car  auction platform

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...

CBI books former Maruti MD Jagdish Khattar in Rs 110cr PNB loan fraud

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 ...

Continental acquires antenna maker Kathrein Automotive

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...

Mahindra First Choice Services buys key assets of Carnation Auto

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...

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...

Hero Cycles buys equity stake in MIFA of Germany

OPM Global B.V., a subsidiary of Hero Cycles Ltd, the world’s largest cycle manufacturer by volume, has acquired a significant equity stake in Germany’s largest manufacturer of cycles Mitteldeutsche Fahrradwerke AG ...

Cummins global plan to cut environmental footprint

Cummins Inc Chairman and CEO Tom Linebarger has outlined the company's most extensive plan to date for environmental sustainability, including specific goals for reducing waste, water and energy. Cummins Inc., a glo...

Interview with Joe King,Head, Audi India

Interview with Joe King,Head, Audi India

Interview with Nitish Tipnis, Director – Marketing and Sales, Hover Automotive India

Our marketing strategy will always be about what the consumer needs. If you look at the Evalia, we have taken a very different approach. We have not looked at a family. We have looked at a unit. It’s not about a hus...

Interview with Mayank Pareek, Managing Executive Officer (Marketing & Sales), Maruti Suzuki India Ltd.

Interview with Mayank Pareek, Managing Executive Officer (Marketing & Sales), Maruti Suzuki India Ltd.

AMW displays military vehicles at Defence Expo '12

Asia Motor Works (AMW) unveiled its new range of military vehicles called ‘AMW Defence’ at the 6th I

Interview with Sameer Sodhi, Director Business Unit, Automotive Lighting, South West Asia, Philips Electronics India Ltd.

We are investing a lot in plants in China where we have two new plants. We also do partnership where we come up with the design and the partner manufactures it as per our specifications.

Interview with Shashank Srivastava, Chief General Manager, Marketing Maruti Suzuki India Ltd.

In the brand tracks we do, there is this question of how people perceive us on the technology front. There was this time around 1997-98 till around 2003 where our score on technology actually came down. When Marut...

TVS Logistics buys 100 pc of TVS America

TVS Logistics buys 100 pc of TVS America

Volvo Buses India buys out its JV partner’s stake

Volvo Buses announces the 100 pc buyout of Azad Group share, its JV partner since 2008




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