Ajay Shanker is Ultraviolette CFO; Company partners with Mantra Academy

Ultraviolette Automotive, an electric two wheeler manufacturer, has appointed Ajay Shanker as its Chief Financial Officer (CFO). Ajay comes with a rich background spanning over 25 years in pivotal financial roles at...

Beginning of golden period for mobility sector, says PM

“India is on the move and is moving fast”, said Prime Minister Narendra Modi while addressing a programme at India’s largest and first-of-its-kind mobility exhibition - Bharat Mobility Global Expo 2024 at Bharat Man...

Altair collaborates with Indian Institute of Technology Madras on EV tech

Altair, a global leader in computational science and artificial intelligence (AI), announced its collaboration with the Indian Institute of Technology (IIT) Madras to establish an eMobility simulation lab on the ins...

BYD Concludes 2023 with record 3 million annual sales

BYD has concluded 2023 with record-breaking sales volume, which surpasses the 3 million annual sales target and becomes the global new energy vehicle (NEV) sales champion, for the second year in a row. This year als...

Tata Passenger Electric Mobility inaugurates exclusive TATA.ev stores

Tata Passenger Electric Mobility (TPEM), a subsidiary of Tata Motors launched its Tata.ev stores, catering solely to EV customers, in the prominent auto hubs of Sector 14 and Sohna Road, Gurugram. These stores will ...

Christopher Marsh to head Surface Solutions Business in Continental India

Christopher Marsh took charge as the head of the Surface Solutions business and the Pune Plant in India on October 01, 2023. He succeeds Landry Tchapda who now at the end of his assignment has been assigned another ...

Maruti Suzuki Grand Vitara clocks fastest 1 lakh unit sales in mid-SUV segment

Maruti Suzuki Grand Vitara rings in its first anniversary with a remarkable milestone of fastest 1 lakh sales in the Mid-SUV segment in less than a year. This achievement is a testament to Grand Vitara's astounding ...

Revamp Moto begins production of 120 bikes at Nasik microfactory

Revamp Moto, a modular electric two-wheeler manufacturer, announced the launch of commencement of production of the first 120 bikes called the RM Buddie 25 at India’s first microfactory and the company’s facility in...

Indian Govt launches Bharat NCAP (New Car Assessment Programme)

Union Minister of Road Transport and Highways Nitin Gadkari launched the Bharat New Car Assessment Programme (Bharat NCAP) in New Delhi aiming to enhance road safety by elevating vehicle safety standards for up to 3...

Magenta Mobility appoints Vishal Sharma as National Head - Asset

Magenta Mobility, an integrated electric mobility solutions provider, has announced the appointment of Vishal Sharma as its National Head - Asset.

Saffron clad chief evangelist may bring succour to Indian electric 2W industry

The electric two wheeler industry in India is in disarray and in order to bring in a semblance of order, it has wrapped itself in saffron, or so it seems, for the time being, hoping to extricate itself from a sticky...

Schaeffler India inaugurates new manufacturing hall in Savli, Vadodara

Global leading industrial and automotive supplier, Schaeffler India Limited announced the inauguration of manufacturing hall 2 at its manufacturing facility at Savli, Vadodara Gujarat.

Orxa Energies expands manufacturing capabilities ahead of the Mantis launch

Orxa Energies, a high-performance electric vehicle, and energy systems startup based out of Bengaluru, has inaugurated its new facility at Bommasandra Industrial area spread across 1 acre. The new facility accommoda...

Honda Motorcycle & Scooter India commences all India despatches of Shine motorcycle

Honda Motorcycle & Scooter India (HMSI) has commenced all India despatches of Shine from its 3rd Factory in Narsapura (Karnataka).

Modern Automotives to export differential pinion shafts to BMW AG

Modern Automotives Ltd. has become the first Indian company to achieve approval for deliveries of differential pinion shaft to BMW AG Munich. The order comprises 2.5 million units to be delivered by 2034.

Suzuki Motorcycle India appoints Kenichi Umeda as new Managing Director

Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation (SMC) has announced the appointment of Kenichi Umeda as the new Managing Director of the company. Umeda succeeds Sato...

Skoda Auto Volkswagen India increases its solar rooftop capacity to 18.5MW

As India targets net zero emissions by 2070 and plans to meet 50 percent of its electricity requirements from renewable energy sources by 2030, Skoda Auto Volkswagen India has taken another significant step towards ...

Continental Automotive is making Indian 2 wheelers safer, tech savvy

Matthias Matic, Head of Safety and Motion Business Area, Continental Automotive Technologies GmbH, Germany noted, “Globally most of our business comes from four wheelers, but in India a big portion of our business c...

Mercedes-Benz hosts first Sustainability Dialogue in India

Mercedes-Benz hosted the first edition of its Sustainability Dialogue in India. The 2023 edition of the dialogue focused on ‘Sustainable Mobility – Accelerating Towards a Green, Inclusive and Safe Future’ to emphasi...

Manasi Tata takes over as Vice Chairperson of Toyota Kirloskar Motor

Toyota Kirloskar Motor (TKM) announced that Ms. Manasi Tata will take over as the new Vice Chairperson with immediate effect. Furthermore, Ms. Manasi will also take over as the Vice Chairperson of Toyota Kirloskar A...

Tata Motors, Everest Fleet MoU for delivering 5000 XPRES-T EVs

Keeping the vision of a clean and green environment alive, Tata Motors, India’s leading automobile manufacturer and the pioneer of the EV evolution in India, signed an MoU with Everest Fleet Private Limited for the ...

Mahindra Rise Sustainability Champion Awards announced

Mahindra & Mahindra has announced the winners of the inaugural edition of ‘Mahindra Rise Sustainability Champion Awards’.

Cyrus Mistry, former Tata Sons Chairman, dies in car accident near Mumbai

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...

Hero MotoCorp sells 4.46 lakh units of 2 wheelers in July 2022

Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, sold 445,580 units in July 2022.

Hero Electric to set up 2nd manufacturing unit in Ludhiana, Punjab

Hero Electric, India’s largest electric two-wheeler company, performed the ground-breaking ceremony of its second plant in Ludhiana, Punjab.

Apollo Tyres appoints Vikram Garga as Group Head, Marketing

Apollo Tyres has appointed automotive industry veteran Vikram Garga as Group Head, Marketing for the Asia Pacific, Middle East & Africa (APMEA) region. Vikram Garga would be spearheading the regional marketing team ...

Mahle develops superior continuous torque electric motor

Automotive supplier Mahle has developed the most durable electric motor available. The traction motor, which is unique on the market, can run indefinitely with high performance. A new cooling concept makes this tech...

Yadvinder Singh Guleria is Chief Commercial Officer of Royal Enfield

Royal Enfield has announced the appointment of Yadvinder Singh Guleria as the Chief Commercial Officer (CCO).

Mecwin India to set up components manufacturing plant in Karnataka

Mecwin India, one of the fastest-growing EV startups in the country is going to invest Rs. 50 crore for setting up one of the largest manufacturing plants for EV motors and controllers in Karnataka.

Volvo Group launches green castings for engines globally from India

Volvo Group is committed to becoming a climate neutral company by 2040 and this includes its supply chain and global suppliers from India. As a key milestone in this journey, Volvo Group in India launched the first ...

Flipkart Group commits to Net Zero carbon emissions by 2040

The Flipkart Group, India’s homegrown internet ecosystem, has committed to setting an ambitious Net Zero target, to decarbonise its own operations by 2030 and the larger value chain by 2040.

Lamborghini Urus achieves record 20,000 units in four years

Automobili Lamborghini has added a new record to its list with its super SUV Urus, as the best-selling model in the shortest time ever.

Indian EV industry can leverage from Korea’s battery expertise

The Indian auto industry can leverage and partner with South Korea to develop the electrical vehicle (EV) market in India and through collaboration ,it can emerge as leaders for a large part of the world. This was s...

Skill-Lync students build full-scale in-house SUV Lyncer S1 prototype

Skill-Lync, an engineering ed-tech start-up, has announced that a team of 10 students and technical engineers have built a full-scale in-house SUV prototype called -Lyncer S1.

Top management change at Isuzu Motors India

Isuzu Motors India has announced some key top level management changes. Wataru Nakano, General Manager, LCV Business Dept., at Isuzu Motors, Japan has taken over from Tsuguo Fukumura, as the President and Managing D...

Magenta deploys LEV AC EV chargers under Switch Delhi

Magenta, a leading EV charging company, successfully developed and installed Delhi's first LEV AC EV charger under the state government's plan, which allows for the construction of private EV chargers for a net cost...

BYD, Cimex sign deal for 50 units of e6 electric car in Nepal

Cimex Inc. Pvt. Ltd., BYD’s partner in Nepal, has signed an agreement for 50 units of BYD e6 with Self Drive Nepal Pvt. Ltd., a subsidiary of Spark Group for emission-free rental fleet operation. This is a single la...

HOP Electric Mobility expands to 100+ experience centres in India

Hop Electric, an electric vehicle manufacturer, has reached up to 100+ experience centres across India. In terms of future prospects, Hop Electric Mobility is planning to expand its retail footprint in more than 300...

Cummins India powers employee upskilling in collaboration with BITS Pilani

Cummins India, in collaboration with the Work Integrated Learning Programmes (WILP) Division of BITS Pilani, is fostering a culture of continuous learning and upskilling amongst employees through bespoke learning pr...

Takuya Tsumura is new President & CEO of Honda Cars India

Honda Cars India Ltd (HCIL) announced that Takuya Tsumura has assumed the office of President & CEO. As part of HCIL organisational changes, the company also elevated Kunal Behl as Vice President, Marketing and Sale...

Ultraviolette acquires Triloki for F77 e-motorcycle project

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 ...

Ultraviolette begins building F77 community ahead of launch

Ahead of the commercial launch of the F77 in H1 2022, Ultraviolette, an innovator in sustainable mobility, hosted its first community meet up in the company’s Bangalore HQ. This engagement was held with the aim of ...

Diversity & Inclusion of Women in Automotive Industry

In fields inadvertently dominated by men, including the automotive industry, it has been argued that the sheer nature of science involved has kept women on the sidelines for ages

Hero Electric, ReadyAssist tie up for skilling 20,000 mechanics

Hero Electric has partnered with ReadyAssist, a leading 24/7 roadside assistance company for training and upskilling 20,000 mechanics for servicing EVs under its Private Garage Owners (PGO) initiative. With the risi...

UP is priority market for Revolt Motors;  opens lifestyle experience store in Noida

Revolt Motors, India’s next gen-mobility company announced the opening of its first flagship store in Noida. The new store will be the brand’s second retail outlet in Uttar Pradesh, after opening the first one in Lu...

Kia Carens rolls out from Anantapur plant

Kia India, one of the fastest-growing carmakers in the country, rolled out the first customer car of the three-row recreational vehicle, the Kia Carens, from its state-of-the-art manufacturing facility in Anantapur,...

BYD India appoints Sanjay Gopalakrishnan as Senior VP

BYD India, a subsidiary of China based BYD has appointed Sanjay Gopalakrishnan, as its Senior Vice President for its electric passenger vehicle business in India. Sanjay will be spearheading the Sales, Marketing, a...

Skoda Slavia mid-size sedan rolls off production line in Chakan

As part of the India 2.0 project, Skoda Auto India has announced the commencement of production of its premium mid-size sedan, the Skoda Slavia, from its plant in Chakan, Pune in the state of Maharashtra.

Tata Motors sales only silver lining in depressing Dec 21 domestic numbers

Though Maruti Suzuki continues to lead the pack of four-wheel passenger vehicle companies in India when it comes to December 2021 domestic sales, its numbers too fell for the month along with several other companies...

Valeo’s 2nd gen LiDAR in new Mercedes-Benz S-Class with level 3 automation

France based Valeo has announced that the new Mercedes-Benz S-Class, capable of reaching Level 3 automation, is the first car in the world to be equipped with its LiDAR, the second-generation Valeo Scala.

Raasta Autotech appoints Ashok Taravath as Chief Operating Officer

Raasta Autotech Pvt. Ltd. (Raasta Autotech), a one-stop Car & Bike solution provider has appointed Ashok Taravath, a seasoned leader with a track record of driving sales and operations across multiple industries and...

Hero Electric is most preferred Indian EV brand, says JMK research findings

Hero Electric, India’s largest electric two-wheeler company, is the most preferred brand in the Indian EV market today, according to the latest JMK research findings. To celebrate the same, Hero Electric launched i...

MG Motor India, Clean Max partner for wind solar hybrid energy

MG Motor India has partnered with Clean Max Enviro Energy Solutions Pvt Ltd (Clean Max), Asia’s most trusted sustainability partner, for the supply of 4.85 MW of wind-solar hybrid power to MG’s manufacturing facilit...

Global leader in Motion Plastics, Igus, announces strong growth plans for India

Igus, the global leader in motion plastics, has announced an aggressive growth plan and strategy in the backdrop of 20 successful years of operations in India. As the 9th largest market globally and the 3rd largest ...

Tata Motors to deliver 3,500 XPRES T EVs to BluSmart Mobility

Tata Motors has signed an MOU with BluSmart Mobility for expanding their all-electric fleet multi-fold across Delhi NCR, and for the same, the company has bagged a contract to supply 3,500 XPRES T EVs.

Spinny sees an uptake in online sales of used cars

Entering the festive season with cheer, full-stack used-car retailing platform Spinny sold more than 80% of cars online during the Navratri period with more than 200 car deliveries on the second day of Navratri. Br...

Vinod Aggarwal  takes over baton from Nikunj Sanghi at ASDC

Automotive Skills Development Council (ASDC), the first Sector Skill Council of India, has announced the appointment of their new president Vinod Aggarwal during the ASDC Annual Conclave 2021.

Govt announces PLI Auto Scheme; Incentives worth Rs 26058 crore

The Government has approved a Production Linked Incentive (PLI) Scheme for the Indian auto industry and also the drone industry to enhance India’s manufacturing capabilities

Bajaj Auto to gain post simplified equity structure in Pierer Mobility

Bajaj Auto’s clout in the global motorcycle market, both in the conventional IC engine space as well as the electric two wheeler space, will increase considerably once the proposed simplified equity structure in the...

Mercedes-Benz prepares to go all-electric by 2030

Mercedes-Benz is getting ready to go all electric by the end of the decade, where market conditions allow. Shifting from electric-first to electric-only, the world’s pre-eminent luxury car company is accelerating to...

INTERVIEW WITH UDAY NARANG Chairman, Anglian Omega Group & Omega Seiki Mobility

In an exclusive interview, Uday Narang, Chairman, Anglian Omega Group & Omega Seiki Mobility talks about his company plans to enter the two and four wheeler electric vehicle space.

Nissan unveils EV36Zero in UK, a one billion pound Electric Vehicle Hub

Nissan has unveiled Nissan EV36Zero, a one billion pound (Rs 10,000 crore approx.) flagship Electric Vehicle (EV) Hub creating a world-first EV manufacturing ecosystem.

Lanxess reveals new design for electric vehicle charging inlets

The boom in electric vehicles is causing a sharp rise in demand for plastics destined for charging infrastructure. Lanxess is convinced that this area offers a wealth of opportunities to use its Durethan polyamides ...

Varroc Engineering, Candera sign MoU on TFT instrument cluster tech

Varroc Engineering Limited (Varroc), a global Tier-1 auto component manufacturer, has signed a Memorandum of Understanding (MoU) with Candera GmbH for a strategic association to integrate the Human Machine Interface...

First unit of all-new Skoda Kushaq rolls off production line at Pune plant

Skoda Auto India has started production of the Kushaq at the Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL) plant in Chakan, Pune. Customer deliveries are planned to begin in July 2021. The Skoda Kushaq comes with TS...

Nissan Intelligent Ownership Subscription Plan for Nissan, Datsun cars

Nissan India has launched the first-of-its-kind ‘Nissan Intelligent Ownership Subscription Plan” for the new-age customers, a new way to own the all-new Nissan Magnite, Nissan Kicks or Datsun redi-Go.

TVS NTorq 125 crosses 1 lakh sales milestone in international markets

TVS Motor Company announced that the TVS NTorq 125, its sporty, Bluetooth connected scooter, has crossed the sales milestone of 1 lakh units in international markets.

Satoshi Uchida is Head of Suzuki Motorcycle India

Suzuki Motorcycle India Pvt. Ltd. (SMIPL), announced the appointment of Satoshi Uchida as the new company head. As a part of the SMC’s global revamp, Satoshi Uchida succeeded Koichiro Hirao with effect from May 1, 2...

Kia India gets new company logo & slogan ‘Movement that inspires’

Changing its name from Kia Motors India to Kia India, this wholly owned subsidiary of Kia Corporation of South Korea has announced the relaunch of its brand in India with a focus on illuminating its transition from...

Auto registrations fall year on year by (-) 28.64pc: FADA

The Federation of Automobile Dealers Associations (FADA) has in its Monthly Vehicle Registration Data for March 2021 stated that while March automobile registrations continue to fall by (-)28.64% year on year (YoY )...

Interview with Vishal Mathur, Senior Vice President, LMD Truck Business, VECV

Vishal Mathur, Senior Vice President, LMD Truck Business – VECV elaborates upon VECV’s Light & Medium Duty (LMD) business in India, the company’s product offering and the several advantages offered by Eicher trucks....

Wadhwani Advantage launches programme dedicated to auto, industrial segments

Indian automotive companies emerging from the COVID-19 crisis can now look forward to sound professional advice to overcome challenges they may be facing on several fronts. The challenges could be related to their i...

Maruti Suzuki Vitara Brezza becomes India’s fastest selling compact SUV

Maruti Suzuki Vitara Brezza has clocked six lakh sales within a short time span of five years.

Goodyear to acquire Cooper Tire & Rubber Co in US $ 2.5 billion deal

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 ...

FADA initiates Annual Dealer Satisfaction Study; Final report by June 2021

Federation of Automobile Dealers Associations (FADA), the apex national body of automobile retail in the country has informed that it is initiating an Annual Dealer Satisfaction Study in association with Premon Asia...

Indian Auto Industry starts 2021 with negative January sales

The year 2021 seems to have not begun on a right note for the Indian automobile industry when it comes to domestic sales. After showing a one-time YoY growth in December, 2020, January 2021 registrations once again ...

Union Budget 2021-22: There is a buzz in the Electric Vehicle Space

The Union Budget 2021-22 presented by Nirmala Sitharaman may not have given a single sop to the electric vehicle industry but those in this electric vehicle space are upbeat over the indirect measures in the Union B...

UNION BUDGET 2021-22 & INDIAN AUTO INDUSTRY

The Union Budget 2021-22 presented by Nirmala Sitharaman, Union Minister of Finance may have got a standing ovation from the punters of the Indian stock market, but for the Indian auto industry, the direct benefits ...

Honda City leads mid-size sedan segment sales in calendar year 2020

Honda City, the most successful model from Honda Cars India has led the sales in mid-size sedan segment in CY 2020 with cumulative sales of 21,826 units from January – December 2020. Staying true to its legacy of be...

2021 TVS Apache RTR 160 4V launched in Bangladesh

TVS Motor Company has introduced the 2021 TVS Apache RTR 160 4V with Bluetooth enabled TVS SmartXonnect in Bangladesh. This is the first-of-its-kind two-wheeler connected cluster technology in the country.

Honda Shine brand crosses 90 lakh plus sales milestone

Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) brand Shine, its 125cc motorcycle has now crossed 90 lakh sales since its launch in the year 2006. The Shine motorcycle enjoys the highest market share of 39 per cen...

Daimler, Infosys tie up for technology-driven IT infrastructure transformation

Daimler AG and Infosys of India have announced a long-term strategic partnership for a technology-driven IT infrastructure transformation.

Ather Energy adds 16 new markets in country in phase 2 expansion

As part of phase 2 of expansion, Ather Energy, India’s first intelligent electric scooter manufacturer, announced the launch of the Ather 450X in 16 additional cities

Audi India hikes prices of models by up to 2 per cent

Audi, the German luxury car manufacturer, announced a price increase of up to 2 percent across its entire model range owing to weakening of the rupee and rising input costs.

Harley- Davidson begins new journey in India with Hero MotoCorp

A month after US motorcycle major Harley-Davidson announced its decision to shut its manufacturing unit in India, comes the news that Harley-Davidson and India’s leading motorcycle and scooter manufacturer Hero Moto...

Suzuki's Gujarat Plant reaches 1 million units production milestone

Suzuki Motor Gujarat Private Limited (SMG), a subsidiary of Suzuki Motor Corporation for the production of automobiles in India, has achieved accumulated automobile production of 1 million units on October 21, 2020.

Dassault Systèmes launches Solidworks 2021 for 3D design, engineering applications

Dassault Systèmes, a large software company headquartered in France, has launched Solidworks 2021, the latest release of its portfolio of 3D design and engineering applications.

eMatrixmile, Magenta to install QYK POD charging stations for EVs

A Memorandum of Understanding (MoU), has been signed between eMatrixmile India Pvt Ltd and Magenta EV Solutions Private Limited for installation and commissioning of 'QYK POD' charging stations with associated infra...

Maruti Suzuki WagonR is highest selling CNG vehicle in country

The Maruti Suzuki WagonR S-CNG has emerged as the highest selling CNG vehicle in the country by surpassing 3 lakh units in sales, making it the most successful CNG car across all passenger vehicle segments.

Ultraviolette Automotive receives Rs 30 crore funding from TVS

Following the successful nationwide unveiling of its high-performance motorcycle - the F77, Ultraviolette Automotive Pvt. Ltd., an innovator in sustainable mobility, announced that it had received an additional inve...

Tata Power, Tata Motors sign PPA to commission India’s largest carport at Pune

Tata Power, India's largest integrated power utility has achieved a new milestone by signing a Power Purchase Agreement (PPA) with Tata Motors to commission India’s largest carport. With 6.2 MWp capacity, the projec...

Interview with KN Gupta, Joint MD, Maclite (Super Nova Autolite Pvt Ltd)

KN GUPTA, Joint Managing Director, Maclite (Super Nova Autolite Pvt Ltd) & MD, SKNG Business Solutions Pvt Ltd reveals in an interview with Motown India Editor Roy P. Tharyan, that the auto industry in India is toda...

CV Raman of Maruti Suzuki answers 23 critical questions for car owners

23 Questions every car owner should be able to answer Interview with CV Raman, Sr. Executive Director, Engineering, Maruti Suzuki India Ltd. Raman san answers 23 critical question for car owners.

Kia Motors India is fastest among manufacturer to reach 1 lakh sales milestone

Kia Motors India has achieved the historic milestone of 1 lakh cumulative sales in the Indian market. The company becomes the fastest among other ca manufacturers to reach this landmark in just eleven months since t...

Lanxess polyamide 6 comes handy in making hybrid vehicle bolster

Thermoplastics with easy-flowing properties are usually somewhat more expensive than comparable standard materials; however, they offer advantages that ultimately pay off in terms of processing, production costs and...

Hyundai debuts intelligent Manual Transmission technology on Venue SUV

Hyundai Motor India has introduced the intelligent Manual Transmission (iMT) on the Hyundai Venue SUV that comes with a one litre turbo GDI BS6 petrol engine.

FCA India launches pre-owned Jeep Compass business ‘SELECTEDforYOU’

Three years after the successful launch of the first ever made-in-India Jeep, FCA India has announced the introduction of its all new certified pre-owned vehicle business - ‘SELECTEDforYOU’

MG Motor India commences production of Hector Plus

MG (Morris Garages) Motor India has commenced the commercial production of the much-awaited Hector Plus. Manufactured at its Halol plant in Gujarat, the Hector Plus was first showcased at Auto Expo 2020 and will go ...

BMW, Mercedes-Benz, TVS, Royal Enfield, VECV, others resume production

Indian auto companies that were forced to shut their plants in the wake of the lockdown that followed the precautions against covid-19 pandemic have now started their local production at their respective plants acro...

BMW Group India CEO Rudratej Singh (46) passes away

Rudratej Singh (46), President and Chief Executive Officer, BMW Group India passed away on April 20, 2020. The cause behind the sudden and unexpected demise is yet to be ascertained, the company said in a press rele...




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