DETEL STORY: Phones, televisions & now an electric 2 wheeler for masses

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...

ZF equity stake in Brakes India acquired by remaining stakeholders

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...

Cars24 plans US $100m investment in key overseas markets

Cars24, a leading e-commerce platform for pre-owned vehicles and operating in over 130 cities in India is set to further strengthen its foothold in the Southeast Asian and Middle East markets in 2021. The company r...

Jagdish Khattar, his final re-inCARNATION

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.

Electric vehicles in Delhi achieve 20 million kilometres on road

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...

Maruti Suzuki, Microsoft introduce HAMS technology for driver training

Maruti Suzuki India in collaboration with Microsoft Research India has developed a smart phone based technology for testing applicants seeking driver’s license. The technology - HAMS (Harnessing Automobile for Safet...

Amara Raja Batteries, Gridtential Energy  partner on Bipolar Technology

Amara Raja Batteries Limited, India’s leading Industrial and automotive battery manufacturer and Gridtential Energy, the inventor of Silicon Joule bipolar battery technology have announced that they have entered int...

NEI aims investment of Rs  100 crores; launches needle bearing

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.

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 ...

Mahindra Two Wheelers Europe to acquire 100pc Peugeot Motocycles

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...

Guardians to be jailed, fined for offences by juveniles driving vehicles

Very soon, traffic violations will invite huge penalties for motorists in India as the Motor Vehicles (Amendment) Bill, 2019 was passed by Rajya Sabha.

PlusAI demos Level 4 Autonomous Driving Truck Technology

PlusAI, Inc., a leading global self-driving company focused on enabling large-scale autonomous commercial trucking fleets, showcased its full-stack L4 autonomous truck technology at CES 2019. PlusAI also demonstrate...

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...

Uniti Sweden electric vehicle “pilot production plant” at Silverstone Park, UK

Uniti Sweden has announced plans to establish an electric vehicle “pilot production plant” at Silverstone Park, the home of the British Grand Prix. The facility will be used to produce the Uniti One electric car, wh...

Purpose-built electric vehicles for mobility on demand, says Roland Berger

The growing demand for ride-sharing services is giving rise to a new category of vehicles. These are cars with a flexible interior that can be individually tailored to the needs of their users. The potential for aut...

Audi and Hyundai plan to develop fuel cell technology

Audi AG and Hyundai Motor Group are driving the development of fuel cell technology. The two companies plan to cross-license patents and grant access to non-competitive components. The agreement is currently subject...

Bharat Forge Limited invests Rs 90.30 crore in Tevva Motors, UK

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...

Kinetic Green, Lamborghini family of Italy form joint venture

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...

Samvardhana Motherson acquires MS Global India

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...

Finally, Delhi to get automated driving test centres, courtesy Maruti Suzuki

Leading car manufacturer Maruti Suzuki India Limited (MSIL) has entered into an agreement with the Government of NCT of Delhi to set up state-of-the-art Automated Driving Test Centres across 12 locations in the city...

Volvo Cars, Geely to establish joint venture to boost synergies

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...

Continental launches Remote Vehicle Data (RVD) platform

Continental has launched its Remote Vehicle Data (RVD) platform, which is the foundation for innovative connected services. The platform permits unified access to multi-brand vehicle data via various hardware option...

Volvo Auto India to assemble cars in Hoskote, Karnataka

Premium car maker Volvo Cars will start vehicle assembly operations in Hoskote, near Bengaluru in the Indian state of Karnataka in 2017. Volvo Cars has established a company in India by the name of Volvo Auto India ...

Mahindra acquires controlling stake in Classic Legends

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...

Mahindra rebrands Electric Mobility Business as Mahindra Electric

Mahindra & Mahindra Ltd. (M&M Ltd.) has recently rebranded its electric mobility portfolio as Mahindra Electric. Under the umbrella brand, Mahindra Electric, the company will manufacture electric cars, license out i...

Punjab is first state to implement automated driver license test tracks

In an age defined by technology, India is also slowly yet surely progressing towards modernisation of its systems and governance. Punjab has been a witness to such a wave of progress after the state implemented the ...

Cabinet approves Motor Vehicle (Amendment) Bill 2016

The important provisions include increase in compensation for Hit & Run cases from Rs. 25000 to Rs. 2 lakhs. It also has provision for payment of compensation upto Rs 10 lakh in road accidents fatalities.

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...

GEM forays into electric 2-wheeler market at E.V. Expo 2015

Goenka Electric Motor Vehicles Pvt. Ltd (GEM) a leading player in e-rickshaws, has forayed into the 2-wheeler market. The company launched environment friendly electronic motor bike e-storm and e-champ at the EV Exp...

BMW Financial Services invests Rs 110 crore additional in India

The BMW Group has increased its investment in BMW Financial Services India to Rs 640 crore(€ 98 million) in 2015 from Rs 530 crore (€ 80 million) in 2012. BMW Group launched BMW Financial Services India on October 5...

Mahindra to take 33pc stake in Mitsubishi Agricultural Machinery for Rs 159 crore

Leading automobile manufacturer in India Mahindra & Mahindra will invest around Japanese Yen 3 billion (USD 25 million / Rs 159 crore approx.) for acquiring 33pc voting stake in Japan based Mitsubishi Heavy Industri...

Increase in  penalty in proposed Road Transport & Safety Bill

Ministry of Road Transport & Highways has proposed a draft Road Transport & Safety Bill which after wide public consultation has been circulated to the concerned Ministries for their comments before bringing it to t...

Theft proofing vehicles in India: Varroc-Scorpion JV

Varroc, one of India’s leading auto component manufacturers from India, has now officially collaborated with the UK based company Scorpion Automotive Pvt. Ltd., a very well trusted brand in vehicular securities. Bot...

Toyota opens the door to hydrogen future

Toyota is making available thousands of hydrogen fuel cell patents royalty free, thereby opening the door to the hydrogen future. Toyota made this announcement at the 2015 Consumer Electronics Show in Las Vegas, Nev...

Radio taxis in India vouch for safety and reliability

In the aftermath of the alleged rape of a girl by a Uber taxi driver early December 2014, the Association of Radio Taxis, representing all the licensed radio taxi operators across India, has categorically stated tha...

Apollo Tyres to invest Rs 3744 cr in Hungary

Apollo Tyres will be setting up a greenfield facility in Eastern Europe in Hungary. According to an Apollo Tyres press release, Hungary was chosen after a consideration of various factors over some of the neighbouri...

Gadkari’s Road Transport Bill is revolutionary

The proposals in the Road Transport and Safety Bill 2014 are revolutionary in every sense. It has envisaged setting up a Motor Vehicle Regulation & Road Safety Authority of India. The bill has mooted a unified Driv...

Stiff penalties in 2014 Road Transport Bill

The Ministry of Road Transport & Highways has finally come out with a draft of the Road Transport and Safety Bill 2014 which will be tabled in Parliament during the Winter Session. The draft bill has been released t...

Nissan’s novel nuts and bolts delivery system

In an automobile plant, anything that leads to efficiency improvement needs to be lauded. Nissan Motor has announced that it was licensing its patents and know-how for a nuts-and-bolts delivery system, ‘Automatic Pa...

Volvo to roll out cars in China

Chinese government authorities have approved Volvo Car Group's (Volvo Cars) establishment of manufac

Uno Minda, AMS ink tech license agreement

Leading Indian auto components manufacturer, Uno Minda, NK Minda Group (headquartered at Manesar, Ha

Continental gets Nevada nod for automated testing

Global automotive supplier Continental has received Nevada’s ‘Autonomous Vehicle Testing License’ –

BMW Financial Services hikes investment in India

The BMW Group has increased its investment in BMW Financial Services India to 5.3 billion Indian Rup

Firodia sells stake in MAN venture for Rs 1050 cr

The Abhay Firodia-controlled Force Motors will be divesting a part of its equity share in MAN Force

VW signs agreement to produce vehicles in Malaysia

The Volkswagen Group is gradually expanding its activities in Southeast Asia under its Strategy 2018

Hero Honda split comes through; JV dissolved

Hero Honda split is now formal with Honda Motor Co. Ltd of Japan and Hero group signing fresh MoUs

BMW Group launches BMW Financial Services in India

GURGAON: The BMW Group launched BMW Financial Services as a new business entity in India. BMW Finan

The Vespa Returns by 2012

ITALY: At a meeting on June 3, 2010 in Milan (Italy) chaired by Roberto Colaninno, the Board of Dire




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