Auto Industry

Brakes India, a TSF Group company and India’s leading braking systems manufacturer together with ADVICS, an AISIN Group company and Japan’s leading premium brake system supplier, plan to form a joint venture to desi...

Pure EV, India's leading EV 2W OEM announced forming a JV with Pragmatic Design Solutions Ltd (PDSL), UK. With a shared vision to transform electric mobility and enhance transportation affordability, Pure EV and PDS...

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 ...

Seven of the world’s leading automakers – BMW Group, General Motors, Honda, Hyundai, Kia, Mercedes-Benz Group, Stellantis NV – are creating a joint venture to accelerate the transition to electric vehicles in North ...

In a joint venture partnership with Al-Abdullah Group, Qatar, Kabira Mobility, the company behind KM3000 and KM4000, India’s fastest and longest riding bikes on road, announced its investment of Rs 300 crore in the ...

Gestamp, the Spanish multinational Tier 1 supplier, specialised in the design, development and manufacturing of components for the automotive sector, announced its fourth hot stamping line in India at the 16th Auto ...

On the first media day at the Auto Expo 2023 in Greater Noida, vehicle exhibitors in total launched and unveiled over 59 products, including both global and India premier.

HYM Drive Systems, a joint venture between Hero Motors Ltd. and Yamaha Motors Co. (Japan), has inaugurated its plant at Hero E-Cycle Valley in Ludhiana. Pankaj Munjal, Chairman of Hero Motors Company, inaugurated th...

Prime Minister, Narendra Modi inaugurated the DefExpo22 at Mahatma Mandir Convention and Exhibition Centre in Gandhinagar, Gujarat.

Leading Indian electric two wheeler manufacturer Okinawa Autotech has signed a joint venture agreement with Tacita, an Italian manufacturer of electric performance and cruiser motorcycles. The new company, born from...

Indian global automotive components manufacturer Advik Hi-Tech Private Limited”) has announced that it has signed a Joint Venture (JV) with Australian clean energy Company Pure Hydrogen Corporation Limited.

Maruti Suzuki India Ltd (MSIL), the largest car makers in the country is now into the crushing business. Maruti Suzuki Toyotsu India Private Limited is a 50:50 joint venture between Maruti Suzuki India Limited and T...

The ground-breaking ceremony for the manufacturing facility of HYM Drive Systems, a Joint Venture between Hero Motors and Yamaha Motors Co. (Japan) took place on April 2, 2022, presided over by Pankaj Munjal, Chairm...

Neelanjan Banerjee will be taking over as the new Global Head of the Business Unit Lubricants Additives at Lanxess Corporation, USA effective July 1, 2022 after a brief work-in period.

Kinetic Green Energy & Power Solutions, India’s leading EV company, has today announced that they are entering into a collaboration with global electric vehicle giant, Aima Technology Group, to co-design and develop...

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...

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.

C4V, the U.S based technology provider, announced that it has secured a contract from India based electric vehicle manufacturer Omega Seiki Mobility to supply next generation high performance Lithium-Ion Batteries f...

Samvardhana Motherson Automotive Systems Group BV (SMRPBV), (a Motherson Group company), has signed an MOU with Marelli Automotive Lighting to explore a new technological partnership focused on smart illuminated ext...

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...

Convergence Energy Services Limited (CESL), a 100% subsidiary of Indian government owned Energy Efficiency Services Ltd (EESL) has forged key partnerships on World Environment Day in an effort to further the deploy...

Siddharth Shriram, an eminent industrialist based in Delhi and hailing from a prestigious business family died on May 17, 2021 at the age of 76 due to covid related complications. He was admitted to Medanta Hospital...

Mahindra & Mahindra has signed an MoU with Mahindra MSTC Recycling Private Limited (MMRPL) towards offering its customers first of its kind end-to-end solution for scrapping of vehicles. MMRPL is engaged in the busi...

The Board of Directors of Mahindra and Mahindra Limited announced that Dr. Anish Shah presently the Deputy Managing Director and Group Chief Financial Officer would take over as the Managing Director and Chief Execu...

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 ...

Just one month after the comprehensive go-local strategy was announced by Jeep brand, Jeep India has commenced local assembling of the 2021 Jeep Wrangler in its Ranjangaon joint venture manufacturing facility.

Electric vehicles (EV) deployed in Delhi have completed 20 million kilometres on the road. This has resulted in a reduction of 500 kilograms of particulate matter emissions, contributing significantly to cleaner air...

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...

Mahindra & Mahindra and Ford Motor Company have mutually and amicably determined they will not complete a previously announced automotive joint venture between their companies.

Unmindful of the huge losses that the auto industry is incurring because plant shutdowns as a result of the country-wide lockdown in the midst of coronavirus or covid-19 fears, several auto companies and auto compon...

As the Government announced a lockdown across various districts of the country in a bid to tackle the Coronavirus disease (Covid-19), Lohia Auto, an electric vehicle player, announced its closure of its production a...

Fiat Chrysler Automobiles (FCA) together with Fiat India Automobiles Private Limited (FIAPL), FCA’s joint venture manufacturing facility in Ranjangaon, announced that it will work with the Government to temporarily ...

Valeo, the global automotive technology supplier has appointed Jayakumar G as the India Group President and Managing Director. Jayakumar is currently the Managing Director of Amalgamations Valeo Clutches Private Lim...

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...

Volkswagen Group Components has presented a new and visionary charging concept which involves mobile robots that will charge electric vehicles completely autonomously in future. In short, every parking space can bec...

FCA India has announced that Fiat India Automobiles Private Limited (FIAPL), its world class manufacturing joint venture in Ranjangaon, near Pune, has won the Platinum Trophy in the ‘Large Enterprise’ category at th...

The Federation of Automobile Dealers Association (FADA) has through its counsel Khaitan & Co, issued a legal notice to UM Lohia and its management, asking them to redress all grievances of dealers relating to the lo...

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...

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...

KSL Cleantech Limited (formerly known as Kirti Solar Limted) has entered into a Joint Venture (JV) with the China’s Huaihai Holding Group, one of the largest companies in the field of electric mini vehicles.

Society of Indian Automobile Manufacturers (SIAM) welcomed the government’s decision to reduce the GST rate on electric vehicles from the present 12% to 5%.

UM Motorcycle, a US based company, which began selling motorcycles in India sometime in 2016 and had a peak sales of 11,000 units per annum, has begun the 2019-20 financial year with a duck. Yes, both production and...

22Kymco, a joint venture between 22Motors and Kwang Yang Motor Company (Kymco) has announced setting up a manufacturing facility in Bhiwadi, Haryana.

eBikeGo an electric bike rental and delivery platform entered into a joint venture with Vpledge Delivery recently. In this exclusive partnership, eBikeGo will be providing theire co-friendly electric scooters for hy...

Anand Group, a leading manufacturer of automotive components in India, further consolidated its presence in the Indian automotive safety systems vertical. It announced the formation of a Tri-Party Joint Venture to m...

Tata AutoComp Systems, India’s leading auto-component conglomerate has signed a joint-venture with Chinese company Guoxuan Hi-Tech, to design, engineer, manufacture and supply battery packs for the Indian four-wheel...

Cero (Mahindra MSTC Recycling Pvt. Ltd.) has become India’s first authorised recycler for motor vehicles, having received accreditation by the Delhi Government on December 21, 2018. Cero, a joint venture between Mah...

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...

Business for safety technologies is growing rapidly in India for technology company Continental. The company announced the completion of 1 million units of Electronic Brake Systems (EBS) from its Gurgaon plant. Cont...

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 ...

The BMW Group and Chinese manufacturer Great Wall Motor have signed an agreement to produce MINI electric vehicles through a new 50:50 joint venture based in China. During an event for autonomous and connected drivi...

Auto and farm equipment major Mahindra & Mahindra has finally found its place in the sun after several years of perseverance and hard work, the last three years being significant ones that led to the company transfo...

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...

Technology companies Continental and Osram have successfully concluded their negotiations on the Osram Continental GmbH joint venture. The joint venture, in which each of the partners has a 50 percent stake, aims to...

The year 2018 is a very important one for the growth of Brembo operations in India, where the company works exclusively for the two-wheeled market, driven by the recent introduction of new safety regulations that re...

Mahindras will finally be inaugurating its new auto shredding plant in Greater Noida in Delhi NCR in April 2018. The plant built in Greater Noida in India’s northern state of Uttar Pradesh is India’s maiden organise...

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...

Michigan (US) based Adient, a global leader in automotive seating which produces and delivers automotive seating for all vehicle classes and all major OEMs has formed a joint venture with India’s Arvind Ltd, one of...

Rolls-Royce Power Systems and Pune-based automobile manufacturer Force Motors have signed a joint venture agreement in which Force Motors will hold a 51% and Rolls-Royce Power Systems a 49% stake. The new joint vent...

Pune based Kinetic Group’s company Kinetic Green Energy & Power Solutions Ltd signed a MOU (Memorandum of Understanding) with luxury brand Tonino Lamborghini to jointly set up a new joint venture company in India (i...

Brembo Brake India which is engaged in development, production and sales of disc brake systems for 2 wheelers with the Bybre brand has launched two new products for the scooter and motorcycle segment at the Auto Ex...

Groupe PSA and Avtec Ltd hosted a ground-breaking ceremony for their plant in Hosur, Tamil Nadu that will focus on manufacturing and supply of powertrains. The ceremony officially marked the inception of PSA-Avtec P...

Pricol Limited, a leading manufacturer of automotive components and solutions provider for the global automotive market, has announced an exclusive Joint-venture agreement with Zorg Industries (Hong Kong) Limited to...

Technology companies Continental and Osram have announced their intention to establish a joint venture. The idea is to combine innovative lighting technology with electronics and software to develop, manufacture and...

Immediately after a news agency reported that Income Tax officials had raided the premises of SK Arya controlled US $ 1.2 billion JBM Group (Jai Bharat Maruti) and had recovered around Rs 7 crore cash and three kilo...

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.

E-Mobility in India got a real hard push when leading commercial and passenger car manufacturer in India, Tata Motors emerged as the lowest bidder in the tender floated by Energy Efficiency Services Ltd (EESL), a jo...

After more than two decades of Mahindra & Mahindra joining hands with Ford to form a joint venture and subsequently ending the JV in 2005, both the automobile companies have come together again to explore a strategi...

Indian Prime Minister Narendra Modi and his counterpart from Japan Shinzo Abe have inaugurated the Suzuki Motor Gujarat Private Limited's vehicle manufacturing facilities and lithium ion battery manufacturing facili...

Leading commercial vehicle and engine manufacturer and Abhay Firodia controlled Force Motors has entered into a non-binding term sheet with Rolls Royce Power System AG (R-RPS) to form an Indian joint venture company...

UM Lohia Two Wheelers, a 50:50 joint venture between UM International, a company based in the US and Ayush Lohia-controlled Lohia Auto, will be introducing at least two new products in India in the next one year. On...

With the Indian automotive industry gearing up for a leap frog to BS VI norms by 2020 many manufactures have invested heavily in technology and R&D. The Lumax DK Jain Group announced a joint venture with Francisco A...

Volvo Cars is planning to set up a new joint venture technology company with Geely Holding, the Chinese car group, to share existing and future technology, deepen industrial synergies and provide the economies of sc...

Hitachi Automotive Systems and Honda Motor Co announced the establishment of a joint venture company for the development, manufacture and sales of motors for electric vehicles on the premises of Hitachi Automotive S...

Two new car models from two different car manufacturers--the Jeep Compass SUV from Fiat Chrysler Automobiles (FCA) India and the Tata Nexon, a compact SUV from Tata Motors, are expected to inject a lot of action ver...

Minda Industries Limited, the flagship company of Uno Minda Group has joined hands with Tung Thih Electronic Co. Ltd. (“TTE”), to form a 50:50 joint venture in India. Tung Thih Electronic Co. Ltd. is a premier Taiw...

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 ...

Kevin Flynn, President & Managing Director, FCA India and Gurpratap Boparai, CEO, Fiat India Automobiles Pvt Ltd. feel that the new Jeep Compass will really appeal to the Indian consumer and that the company will be...

While Tesla, the US based electric car maker which has its own lithium ion battery plant, is still to decide its India entry despite an open invitation from Indian Prime Minister Narendra Modi, Japan’s Suzuki Motor...

Interview with Pietro Gorlier, CEO, Magneti Marelli and Saju Mookken, Country Manager & MD, Magneti Marelli India

Gulf Petrochem Group announced that its Board of Directors has appointed Rakesh Mehra as Strategic Advisor for the group with immediate effect. Prior to being appointed, he held a number of executive positions most...

Tata Motors has signed a Memorandum of Understanding (MoU) for a long-term partnership with Volkswagen Group and Skoda, to explore strategic alliance opportunity for joint development of products. The agreement has ...

Minda Industries Limited, the flagship company of Uno Minda Group has entered into Joint Venture (JV) agreement with Katolec Corporation, Japan. The proposed name for the joint venture company is Minda Katolec Elect...

PSA Group of France and CK Birla Group have signed joint-venture agreements to produce and sell vehicles and components in India by 2020. It was in 1976 that Citroën S.A. and Peugeot S.A. merged to form the PSA Peug...

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...

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 ...

SsangYong Motor Company, part of the Mahindra Group, has announced that as part of its effort to grow in China, the company signed a letter of intent (LOI) with the Shaanxi Automobile Group for a joint venture that ...

Volkswagen AG and Anhui Jianghuai Automobile Co., Ltd. (JAC) recently signed a Memorandum of Understanding (MoU) in Wolfsburg in Germany to define the next phase of negotiations between the two companies in order to...

Henkel, a leading global player in adhesives, home care and beauty care, has appointed Shilip Kumar as the President of its India business. Besides, steering the Adhesives and Beauty care businesses of Henkel Adhesi...

‘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 ...

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

Toyota Industries Engine India (TIEI), a joint venture between Kirloskar Systems Ltd. (KSL) and Toyota Industries Corporation - Japan (TICO), in India, inaugurated a new engine production plant at Jigani Industrial ...

Tata Motors owned Jaguar Land Rover has opened its new R$750m (UK Pounds 240m / Rs 2374 crore) manufacturing facility and Education Business Partnership Centre in the state of Rio de Janeiro, Brazil. This is the fir...

Following a major fire on May 29, 2016 (Sunday) that gutted almost the entire facility of Subros in Manesar, supplies of components from the plant to Maruti Suzuki plant have been disrupted and as a result Maruti Su...

A major fire on May 29, 2016 (Sunday) gutted almost the entire facility of Subros in Manesar. Subros is a leading player in car air conditioning. The plant been set up in Manesar in vicinity of the Maruti Suzuki Ltd...

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...

EXCLUSIVE: In an interview with Motown India, Rajeev Mishra, Director, India & AMEA, UM India Two Wheelers Pvt. Ltd. for the first time talks about his company's plans in launching the UM m...

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...