PM highlights significance of mobility sector at 62nd SIAM Annual Convention

Society of Indian Automobile Manufacturers (SIAM), the apex automobile industry body, organised its 62nd Annual Convention at New Delhi. Prime Minister of India Narendra Modi in his message highlighted the significa...

Ather Energy sold 2389 units in July ‘22; registers 24% year-on-year growth

Electric scooter manufacturer Ather Energy sold 2389 units in July ’22, thereby registering a 24% year-on-year growth. The company, it may be recalled, has introduced the new 450X Gen 3- now powered by a 3.7 kWh bat...

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.

Dr. Lakshmi Venu takes over as Managing Director of Sundaram-Clayton

Dr. Lakshmi Venu has taken over as the Managing Director of Sundaram-Clayton Limited (SCL), one of India’s leading auto components manufacturer at the board meeting held on May 6, 2022. Dr.Venu was the Joint Managin...

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...

Hero Electric partners with Even Cargo, a women-only delivery platform

Hero Electric has partnered with Even Cargo, India’s first women-only delivery platform, for strengthening the last-mile delivery segment. The collaboration envisages women at the riding end to fasten the electric m...

iVoomi Energy aims to onboard 150 channel partners by April 2022 end

iVoomi Energy, an electric two-wheeler manufacturer, announced its plans to create a significant value chain in the EV ecosystem by expanding its channel partner network and creating opportunities for co-creation. W...

Skoda Auto Volkswagen India commences exports of Volkswagen T-Cross

Skoda Auto Volkswagen India Private Limited (SAVWIPL) has marked another important milestone in its INDIA 2.0 journey with the commencement of the export of the Made in India Volkswagen T-Cross. The Volkswagen T-Cro...

Hero Electric to deliver 1000 e-scooters to Turtle Mobility by end 2022

Hero Electric announced its partnership with Turtle Mobility, a startup offering last-mile delivery connectivity solutions to e-commerce and grocery companies. Hero Electric will deliver 200 scooters by the end of 2...

BMW Motorrad India sells 5,191 motorcycles in 2021; grows 102.5%

BMW Motorrad India sold 5,191 motorcycles in the year 2021, posting a growth of 102.5% as compared to 2020.

E-bike sales will continue to increase rapidly in coming years

The India e-bike market was valued at USD 1.02 million in 2020, and it is expected to reach USD 30 million by 2026.

BMW Motorrad delivers 5000 motorcycles to customers in 2021

In 2021, BMW Motorrad has delivered 5000 premium motorcycles to customers. Overcoming the current sentiment in the two-wheeler industry, BMW Motorrad India will post a growth of over 100% in 2021 as compared to 2020...

Simple Energy to invest Rs 2500 crore in new plant in Tamil Nadu

Simple Energy, India’s longest range electric scooter, also among the top three EV start ups has signed a Memorandum of Understanding (MoU) with the Tamil Nadu Government for an investment up to Rs 2500 crore for co...

Ather Energy 2nd manufacturing facility in Hosur by 2022

Ather Energy, India’s leading EV scooter brand, commissioned its second manufacturing facility in Hosur to cater to the growing demand of its electric scooters - the 450X and 450 Plus. The company plans to manufactu...

Power Global, Rap Eco Motors tie up for swappable battery technology

Power Global, a leading provider of high-performance clean energy and mobility products for everyday applications, has announced a strategic partnership to supply its eZee swappable lithium-ion battery technology to...

Motherson company acquires 60pc stake in China joint venture for auto mirrors

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...

From Willys military Jeep to electric tech, 80 years of Jeep brand

On July 15, 1941, the former Willys-Overland Co. signed a contract with the U.S. War Department to begin production of the first military Jeep vehicle. Eighty years later, the Jeep brand thrives around the world wit...

Hero Electric raises Rs.220 crore from GII and existing investor OAKS

Hero Electric Vehicles has announced the first part of their Series B funding of Rs.220 crore. Gulf Islamic Investments (GII) led the round along with participation from OAKS.

Pratap Bose lead Mahindra new Global Design Organisation

Mahindra Group has announced the appointment of Pratap Bose, a former senior employee of Tata Motors, as the Executive Vice President and Chief Design Officer to lead its newly formed Global Design organisation.

Okinawa Autotech aims to clock Rs 465 crore revenue in FY 22

Okinawa Autotech, a leading electric vehicle (EV) manufacturer has announced a range of milestones achieved over the last financial year, as well as the roadmap for the ongoing financial year. The company clocked a...

Jaya Hind Industries extends tech cooperation with KS Huayu Alutech Germany

Jaya Hind Industries Private Limited, a Dr. Abhay Firodia group company, which has had a 12 year-long successful technical tie-up with KS Huayu Alutech GmbH (KSATAG) announced that the agreement for the manufacture ...

Omega Seiki MoU with C4V to introduce solid state batteries in India

Omega Seiki Pvt. Ltd., part of Anglian Omega Group of companies, announced that it will be bringing advanced chemistry cells to India in association with New York based companyC4V.C4V plans to become the first lithi...

TVS Eurogrip launches 11 new tyre products for replacement market

TVS Srichakra Ltd., a leading manufacturer of 2 & 3 wheeler and off-highway tyres, announced the launch of eleven new products for the replacement market: eight new high-performance tyre sizes for motorcycles, two f...

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 ...

Jyoti Malhotra appointed as Managing Director Volvo Car India

Volvo Cars India has announced that Jyoti Malhotra has been appointed as Managing Director of the company. Forty nine year old Jyoti Malhotra will be the first Indian to head Volov Cars in India. Jyoti, currently se...

Hero MotoCorp surpasses 100 million cumulative production milestone

Leading motorcycle and scooter manufacturer Hero MotoCorp has surpassed the significant milestone of 100 Million (10 crores) units in cumulative production. The 100 millionth bike, the Xtreme 160R, was rolled-out of...

ICAT event stresses on new tyre technologies, including airless tyres

Various kinds of modern technologies as well as policies relating to tyres were discussed threadbare at the 4th edition of International Symposium on Automotive Tyre Technology organised by the International Centre ...

Slew of Jeep SUVs in India soon as FCA India lines up $250m Investment

Fiat Chrysler Automobiles or FCA as it is known has announced an expansion to the local product lineup in India, confirming that an investment of over $250 million (Rs 1828 crore approximately) has been committed to...

Motherson Sumi Systems acquires Bombardier EWIS business in Mexico.

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...

Bridgestone custom built Potenza tyres for Maserati MC20

Bridgestone has been selected as the exclusive tyre supplier for the MC20, Maserati’s new super sports car. This collaboration between two industry leaders conquers new ground, with Bridgestone enhancing the incredi...

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...

Great Wall Motor expands to Thailand, coinciding with India debut

Post its India debut, Great Wall Motor (GWM) is expanding its global footprint by signing an agreement for the purchase of General Motors’ manufacturing facility in Rayong, Thailand. This announcement is subject to ...

Varroc showcases  roadmap for future of mobility

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

CK Birla owned NEI acquires Kinex Bearings in Europe

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...

Volkswagen India gets rooftop solar PV power project in India at Chakan facility

Volkswagen India Pvt Ltd (SAVWIPL) has successfully installed its largest rooftop solar PV power project in the auto Industry world-wide and one of India’s largest rooftop installation at its manufacturing facility ...

TVS Srichakra launches Brand TVS Eurogrip

TVS Srichakra Limited, the leading 2 &3-wheeler tyre company, announced the launch of the brand ‘TVS Eurogrip’ targeted at meeting the needs of the millennial customer. TVS Eurogrip is born out of extensive consumer...

Tata Power, Tata Motors join hands to install e charging stations

Tata Power and Tata Motors have announced their partnership to install 300 fast charging stations by the end of the FY20, across key five cities namely Mumbai, Delhi, Pune, Bangalore and Hyderabad.

Indian Army officials to use electric cars in New Delhi

The Indian Army in step with government policies on environmental protection has launched an ecological initiative with employing electric cars for use of its officials in New Delhi in partnership with Energy Effici...

Tata Motors passenger vehicle domestic sales drops 31pc at 10485 units in July 2019

Leading automobile company Tata Motors recorded a decline of 31% in passenger vehicle domestic sales at 10,485 units, as compared to July 2018 sales which is in line with the decline on the industry (31%), and as a ...

FCA submits proposal for merger with Groupe Renault

Fiat Chrysler Automobiles N.V. has delivered a non-binding letter to the Board of Groupe Renault proposing a combination of their respective businesses as a 50/50 merger. Groupe Renault has confirmed receipt of a pr...

Flash Electronics files suit in U.S against Royal Enfield for patent infringement

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...

Valeo sets up state-of-the-art R&D Test Lab Facility in Chennai

Valeo, the French automotive technology supplier has set-up a state-of-the-art R&D Test Lab facility with an investment of INR 250 Million. The 15,000 square feet facility at Navalur, Chennai will further strengthen...

JBM Group acquires major shareholding in German auto major Linde-Wiemann

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 ...

Impossible Foods’ plant-based meat  burger wins top prizes at CES 2019

This is not a report pertaining to the automobile world, yet it deserves a mention in the columns of Motown India channel. Impossible Foods launched its first major product upgrade CES 2019-- and Impossible Burger 2...

CNG infrastructure development will lead to massive cut in oil bills

Developing India’s CNG infrastructure could help achieve 50pc natural gas vehicles penetration by 2030 leading to crude oil import savings of Rs 11 lakh crore.

ZF optimally positioned to help Indian OEMs meet new safety requirements

ZF Friedrichshafen AG, a global leader in driveline and chassis technology as well as active and passive safety technology, is uniquely positioned to support its customers’ new safety requirements that will be intro...

SIAM urges government for long term policy roadmap

The Society of Indian Automobile Manufacturers (SIAM), an industry body representing India’s automobile sector, held its 58th Annual Convention titled “Building the Nation, Responsibly”. During the convention, th...

58th ACMA Session: Huge opportunity awaits Indian auto component industry

Tremendous opportunities await the auto component industry in India on the back of the growing vehicle consumption in India on one hand and the introduction of next generation mobility on the other. ACES – Autonomou...

Continental inaugurates new R&D facility for brake systems In Gurgaon

Technology company Continental, which celebrates ten years of local production in India, has announced the inauguration of a new facility for its R&D centre in Gurgaon. The new facility, located within its existing ...

Tata Motors to ramp up Sanand facility; 100% capacity utilisation

To further meet growing demand for its new generation passenger vehicles, Tata Motors announced its ramp up plans for the Sanand plant. Operating at 100% capacity utilisation currently, the plant has so far rolled o...

Uno Minda acquires German software company iSYS RTS GmbH

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...

Volvo Cars hopeful of increased sales & revenues

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.

Tata Motors signs MoU with Maharashtra to promote e-mobility in State

As part of the World Environment Day celebrations, Tata Motors signed a Memorandum of Understanding (MoU) with the State Government of Maharashtra for deployment of 1000 Electric Vehicles (EV) across its range of p...

Safe, clean, affordable, shared and smart mobility mooted

There is an urgent need in India for development of mobility that is safe, clean, affordable, shared and smart. And in order to achieve this, several steps need to be taken by the government and other stakeholders. ...

Anthill Ventures invests in Uniti electric car for Indian roads

Anthill Ventures, an investment and scaling platform for early growth stage startups that want to scale with speed, has announced its investment in Uniti, a Swedish urban mobility electric car startup. This investme...

Continental technology for early risk detection of aquaplaning situations

Dry, icy, snowy, or wet: awareness of road conditions is a crucial safety factor as accidents in severe weather arise mainly due to significant loss of friction between tyres and the surface of the road. With its Ro...

Yamaha commissions 1100 KW solar power plant at Chennai facility

Yamaha Motor India Group has installed a 1100 KW roof top solar power plant at company’s manufacturing facility in Chennai. With this new installation, the total solar capacity of Yamaha’s Chennai plant has increase...

Precision Camshafts acquires precision machinist MFT of Germany

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...

Siddhartha Varma is Marketing Director, Ducati India

Ducati India has appointed Siddhartha Varma as the Director of Marketing for its operations in the country. Siddhartha will spearhead Ducati’s marketing initiatives in India and lead the company’s growth and expansi...

Stanadyne debuts innovative, low-cost diesel and gasoline fuel systems

Stanadyne, a global fuel injection systems developer, headquartered in Windsor, Connecticut, USA, has debuted two new fuel systems that offer a differentiated approach for small engines to meet BS VI emissions at th...

Interview with Pranav Desai, CEO, Laish-Madison Motor Werks Pvt Ltd.

Interview with Pranav Desai, CEO, Laish-Madison Motor Werks Pvt Ltd.Cleveland CycleWerks is not just a motorcycle company but a brand born out of passion keeping in mind the need of riders around the world. They hav...

Brakes India, ZF launch Electric Park Brake technology in India

Brakes India with JV partner ZF HAS announced the successful production of the first Electric Park Brake (EPB) system with a global OEM, marking the first launch of its kind for the Indian market.

Bridgestone to invest Rs 1940 crore for plant expansion in India

Tyre major Bridgestone India Pvt. Ltd., a group company of Bridgestone Corporation has announced its expansion with an investment of US $ 304.3 million (Rs 1940.17 crore approx.)for both the Pune (Chakan) and Indore...

Experts welcome GST rates, but baffled on rates for hybrids, small cars

Beginning with the Society of Indian Automobile Manufacturers (SIAM), several experts and bodies have welcomed the Goods and Services Tax (GST) rates on automobiles in the country. The 14th Goods and Services Tax (G...

Motherson Sumi Systems acquires Finland’s PKC Group for Euro 571 million

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 ...

Tata Motors, Castrol announce global strategic partnership

Tata Motors and Castrol have announced the signing of a three-year strategic partnership agreement for supply of Commercial Vehicle Oils to Tata Motors globally. The agreement will cover over 50 markets including SA...

Kia plant in India likely to be part of Hyundai Group US$ 73 billion global investments in 2015-18

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 ...

Continental acquires Hoosier Racing Tire Corporation

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...

Motorcoats India plans Rs 85 crore investment in the next 24 months

Motorcoats India, an emerging automotive aftermarket technology brand, has announced its expansion plans for the next 24 months in India. The company offers exterior and interior car protection services. After it...

India Yamaha Motor scooters reach 1 m production milestone

India Yamaha Motor Pvt. Ltd. (IYM) announced a major milestone for its scooter product, having produced its one-millionth unit in India. IYM’s one-millionth scooter ‘Fascino’ was rolled out from its Surajpur plant i...

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...

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

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

Mansi Madan Tripathy is MD, Shell Lubricants India

Shell Lubricants India announced the appointment of Ms. Mansi Madan Tripathy as the new Managing Director of the company. Mansi, former CMO of Shell Lubricants, would succeed Nitin Prasad, who moves on to take over ...

Eaton to establish global innovation centre in Pune

Power management company Eaton has announced its decision to establish a global innovation centre in India for which a modern 390,000 sq. ft. facility is being built at Magarpatta City in Pune. The establishment of ...

Avtec receives “TPM Excellence” award

Avtec, one of the largest independent manufacturers of powertrain and precision-engineered products in India, recently received the ‘Award for Excellence in Consistent TPM Commitment-2015’ at the JIPM award ceremony...

Honeywell environmentally preferable refrigerant for Indian vehicles

Honeywell has announced that it has entered into a supply agreement and technology license with an Indian manufacturer to produce Honeywell Solstice yf, an automobile refrigerant with a global warming potential of l...

Uno Minda acquires global lighting business of Europe based Rinder Group

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....

Continental develops new in-vehicle radio platform

Car radios have to fulfil a large number of consumer requirements, for example digital radio, AM and FM reception, mobile telephony, audio from a variety of sources, large touch screens, soft and hard keys, voice-op...

ZF TRW to launch electric park brake technology in India

ZF TRW has announced through its joint venture, Brakes India Limited, that it has won the first business award for its Electric Park Brake (EPB) system in India. Launching with a major global vehicle manufacturer, t...

Mahindra acquires a major style statement; To buy Pininfarina

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...

Ltd edition Apollo-Manchester United tyres for Middle East, North African markets

Carrying forward its association with Manchester United Football Club (MUFC), Apollo Tyres introduced the limited edition dual branded -- Apollo and Manchester United -- tyres for the Middle East and North African (...

Ford India’s Chennai plant produces one millionth vehicle and engine

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...

Tata Motors partners with the football Legend Lionel Messi

Tata Motors has signed-up the football player star, 4 consecutive times Best Player of the World, Lionel Messi, in a long-term association as it global brand ambassador to promote and endorse its passenger vehicles,...

AVTEC LTD: On a Hi-Tech Journey

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 new material for automotive diesel pistons

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...

BHARAT FORGE LTD: Forging a Make in India Global Plan

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...

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...

General Motors to make fresh investment of US $1 billion in India

In a major announcement by General Motors in India that is bound to have far reaching implications on the fortunes and growth of the company in the country, the US based auto giant has confirmed that it will make US...

DSK Hyosung enters Delhi market with new showroom

DSK Hyosung, a superbikes player in India, has set its foot in the country’s capital city of New Delhi with a superbike showroom ‘Urban Bykes’. The showroom was inaugurated by Shivapada Ray, COO, DSK Motowheels on ...

Interview with Ronan LeRoy, Head of Two Wheeler, Vehicle Dynamics, Continental's C&S Division

Interview with Ronan LeRoy, Head of Two Wheeler, Vehicle Dynamics, Continental's C&S Division.

Motherson Sumi gets Rs 15,400 crore order from Daimler

Global automotive supplier Motherson Sumi Systems Ltd. (MSSL) through its subsidiary Samvardhana Motherson Automotive Systems Group BV (SMRPBV) has received a massive order worth Rs 15,400 crore from Daimler for the...

Magneti Marelli inaugurates 2 new plants in China

Auto components major Magneti Marelli has inaugurated two production sites in China the field of lighting and electronic systems, in two key regions for the Chinese automotive scenario - Xiaogan and Guangzhou. The ...

Uno Minda, Kosei Aluminum JV for alloy wheels

Nirmal Minda controlled Uno Minda and Kosei Aluminum Co. ltd. a leading Japanese alloy wheel manufacturer have entered into a joint venture agreement to manufacture and sell alloy wheels in India. The JV ceremony to...

Tata Zest launched in Nepal

Tata Motors recently announced the commercial launch of the Zest, a compact sedan in Nepal. With a start price of 24.5 lakh Nepali rupees, ex-showroom, for the petrol Revotron 1.2T model and 30.75 Lakh Nepali rupees...

Continental expands technical centre in Bangalore

Continental AG has now expanded its research and development footprint by inaugurating their 13,000 square metre facility in Bangalore. The current head count of engineers now stands at 1000. The total investment at...

Mercedes-Benz 2nd R&D facility in Whitefield, Bangalore

Mercedes-Benz Research and Development India (MBRDI) has inaugurated its second dedicated facility at Whitefield, Bangalore on December 9, 2014. The facility is spread across an area of 266,000 sqft with capacity of...

UNO Minda, Toyoda Gosei establish JV for rubber hoses

UNO Minda, part of the NK Minda Group, an major Indian automotive supplier has entered into a joint venture with Toyoda Gosei Co. Ltd. of Japan to manufacture and sell rubber hoses in India. The collaboration was fi...

JCB India inaugurates two new factories in Jaipur

Chief Minister of Rajasthan Vasundhara Raje along with Lord Bamford, Chairman, JCB Group inaugurated two new manufacturing facilities in Jaipur on November 14, 2014. The new facilities in Jaipur are JCB’s fourth and...

Mahindras to acquire 51pc in Peugeot Motocycles

Mahindra Two Wheelers Ltd. (MTWL), an unlisted subsidiary of Mahindra & Mahindra has made a binding offer to acquire a 51pc stake in Peugeot Motocycles (PMTC), part of the Euro 54 billion PSA Group based in France, ...




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