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.

TVS Motor Company acquires Swiss E-Mobility Group AG (SEMG)

TVS Motor Company announced the successful acquisition of a 75% stake in the Swiss E-Mobility Group (SEMG). The acquisition reaffirms TVS Motor Company’s commitment to expansion in Europe through a portfolio of prem...

Eishin Chihana appointed new chairman of Yamaha Motor India Group

India Yamaha Motor (IYM) Pvt Ltd. has announced that Eishin Chihana has taken charge of the Group’s India operations as its new Chairman. Eishin Chihana has been associated with Yamaha Motor Company and its group co...

Millennials, Gen Z appetite for used cars on the rise: Cars24 Ipsos Report

Ever wondered why sale of new cars has been sliding in the recent past in India? Could it be because of the increased preference among millennials and Gen Z for used cars? Young buyers, who account for 80% of buyers...

Ford technicians using TeamViewer frontline augmented reality

TeamViewer, a leading global provider of remote connectivity and workplace digitalisation solutions, announced that Ford Motor Company is using TeamViewer’s Frontline solution to add augmented reality (AR) “See What...

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...

Pierer Group, Bajaj Auto sign contracts to simplify shareholding structure

As announced on July 26, 2021, the Bajaj Group and the Austrian Pierer Group have simplified the shareholding structure in the operating KTM AG. Bajaj Auto Ltd. and its subsidiary Bajaj Auto International Holdings B...

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...

Anand Group, Mando Corp set up JV company for EV components

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 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...

Goodyear completes acquisition of Cooper Tire & Rubber Company

The Goodyear Tire & Rubber Company has announced that it has completed its acquisition of Cooper Tire & Rubber Company, finalising the merger agreement made public on February 22, 2021.

Siddharth Shriram is no more; Honda will miss an old ally

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...

Fiscal 2020-21, April 2021 vehicle registrations down (-) 38pc, (-) 28 pc: FADA

For the financial year 2020-21, the total vehicle registrations in the country were down by (-) 30%. This figure is incidentally even below the fiscal 2012-13 level, thus making it the lowest in the last eight 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 ...

Tata Motors, Hyundai, Kia, MG among gainers in Jan 2021 domestic car sales

While a majority of Indian passenger car companies saw a fall in domestic car sales in January 2021 as compared to the corresponding period last year, a few companies like Tata Motors, Hyundai Motor India, Kia Motor...

Maruti Suzuki Alto continues strong after 20 years with record sales

Maruti Suzuki is on a record-breaking spree. Every other day it’s been achieving new sales milestones and now it’s the turn of the Maruti Suzuki Alto to contribute to this journey. The humble Alto has completed 20 y...

Indian Auto Component Industry de-grows 11.7 per cent in FY 2019-20

The turnover of the Indian automotive component industry has registered a de-growth of (-) 11.7 per cent compared to the previous year at Rs. 3.49 lakh crore (USD 49.2 billion) for the period April 2019 to March 202...

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...

People not ready for shared autonomous mobility, says UK study

Autonomous vehicles may sound like an innovation that will solve our mobility woes, but the fact is that people don’t want it the way it has been perceived. People not only have a lack of trust in safety technology ...

Groupe PSA, FCA to merge into Euros 170 billion auto behemoth

Barely five months after rejecting French auto major Groupe Renault as its bed partner, Fiat Chrysler Automobiles (FCA) has hopped back into the bed with another French automobile major – Groupe Peugeot S.A. Accordi...

Ayyushman Mehta - Managing Director, Mavox Helmets, Sandhar Amkin Indutries Pvt. Ltd.

Sandhar Amkin Industries Pvt Ltd is the latest entrant in t...

UM Motorcycle to revamp business in India as sales hit zero

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...

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...

Greaves Cotton to acquire majority stake in electric vehicle company Ampere

Greaves Cotton, one of India’s leading diversified engineering companies, announced that they have entered into definitive agreements pursuant to which Greaves Cotton will acquire a majority stake in EV company Ampe...

Shoeb Farooq will now head Triumph Motorcycles India

Shoeb Farooq, Head Sales & Dealer Development, Triumph Motorcycles India has been promoted to take on role of the Managing Director of the company with immediate effect, after Vimal Sumbly resigned from the company....

Vimal Sumbly, MD, Triumph Motorcycles India resigns

Vimal Sumbly, Managing Director, Triumph Motorcycles India has resigned from the company. Sumbly had been with the company for the last five years since its inception.

MAHINDRA & MAHINDRA SCALES NEW HEIGHTS---Sunny Side Up

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...

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...

Adient , Arvind form JV to manufacture and sell automotive fabrics in India

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...

Royal Enfield launches UK Technology Centre & unveils new engine

Motorcycle manufacturer Royal Enfield, the global leader in mid-size motorcycle (250cc-750cc) segment, unveiled its first modern twin-cylinder engine at its new Technology Centre in Leicestershire, England. This new...

KSS to purchase majority of Takata assets for $ 1.588 billion; Takata files for bakruptcy

Michigan (US) based Key Safety Systems (KSS), one of the leading brands in automotive safety systems, has reached an agreement in principle with the recall rocked Takata Corporation of Japan to sponsor a restructuri...

FCA officials Say the Jeep Compass is a “No Compromise” vehicle

James Lyijynen, Chief Program Engineer, Jeep Compass, FCA Global and Bill Zheng, Head of Design, FCA, APAC are upbeat about the new Jeep Compass that will soon be launched in India. Roy P. Tharyan, Editor, Motown In...

Interview with James Lyijynen- FCA Global & Bill Zheng- FCA APAC

Interview-with-James-Lyijynen--Chief Program Engineer, Jeep Compass, FCA Global and Bill-Zheng--Head of Design, FCA, APAC

PSA Group, CK Birla Group sign two JVs with HMFCL and Avtec

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...

Rockman Industries acquires majority stake in Moldex Composites

Rockman Industries, a Hero Group company has acquired a majority stake in Moldex Composites, a British-Indian venture, thereby making its intention known that it is investing in next-gen carbon composites technology...

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...

Interview with Vinod Sahay, CEO, Mahindra Two Wheelers

Interview with Vinod Sahay, CEO, Mahindra Two Wheelers. Sahay feels the premium segment in two-wheelers is growing exponentially.

Automotive business thrives in South India: 2016

‘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 ...

LUXURY CARS IN INDIA: A Painful Growth

In the bad old days, two words were often considered taboo – Sex and Luxury. In a conservative India, talking about sex was a big “No”. Equally, in a socialist driven economy, the term “Luxury” was pure blasphemy. B...

New Audi air conditioning filter to bring relief to allergy sufferers

Allergy---There are a million reasons for it. The worst kind is when you are in a car and your air conditioner sucks in particulates and gases that trigger your allergy. However, things are going to change for those...

JK Tyre completes acquisition of Kesoram Industries tyre unit

With the acquisition of CIL, JK Tyre will have additional capacity of truck & bus radials, an important and high growth segment, where it is already the market leader. It will also provide JK Tyre entry into the fa...

Toyota, Hyundai , Honda corner major JD Power awards

Toyota Kirloskar, Hyundai Motors India and Honda cornered a majority of the awards as J.D. Power recognised the highest-performing automotive companies in its 2015/ 2016 India customer satisfaction studies at an awa...

Another 800,000 VW cars involved in diesel emission irregularities

With regards to the latest notice issued by the United States Environmental Protection Agency (EPA) for violation of the Clean Air Act (CAA) to Volkswagen AG, Audi AG and Volkswagen Group of America, Inc., the Volks...

Interview with Dilbagh Gill, Team Principal, Mahindra Racing Formula E Team

Dilbagh Gill has been at the helm of the Mahindra Racing Formula E Team since its inception. In its second season, Mahindra Racing goes into battle as one of a select few manufacturers that is developing its own all...

Volkswagen: Das Auto Scam

It’s the biggest scam to hit the global auto industry. No recall of a car, anywhere in the world, has ever had such a distasteful flavour of deceit and intrigue. Germany based Volkswagen has some of the best brands ...

Bridgestone India launches fuel efficient tyres Ecopia

Bridgestone India launched the new Ecopia EP150 and EP850 tyres on October 7, 2015. The company claims that Ecopia tyres are more fuel efficient than conventional tyres, the EP150 provides 7 pc better fuel efficienc...

Volkswagen sets aside $ 7.2 billion towards rectifying emission glitches

German car major Volkswagen has stated that it is setting aside a provision of some Euro 6.5 billion (approximately US $ 7.2 billion) to cover the necessary service measures pertaining to software glitches resulting...

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...

NSDC report says 1.5 crore skilled workforce required in Auto sector by 2022

The National Skill Development Corporation (NSDC) has stated in a report that by 2022, nearly 15 million (1.5 crore) people are expected to be employed in automobile sector directly in the industry. The report sugge...

Interview with Karam Sahni, Head, Two Wheeler division, Elofic Industries

Elofic Industries is the leading filter manufacturer in the country. The company manufactures filters for all vehicles like passenger cars, tractors, commercial vehicles, two-wheelers etc in its three production uni...

Interview with Sohinder Gill, Director-Corporate Affairs, Society of Manufacturers of Electric Vehicles and CEO- Global Business, Hero Eco

Hero Electric is part of the Naveen Munjal controlled Hero Eco Group which makes electric two wheelers. Based in Ludhiana, the Hero Electric plant can make 200 vehicles a day. Munjal started his company around 1999-...

Interview with James R. Verrier, President and CEO, BorgWarner Inc.

BorgWarner is a global product leader in powertrain solutions. The company focuses on developing leading powertrain technologies that improve fuel economy, emissions and performance. Its facilities are located acros...

Interview with Guillaume Sicard, President, Nissan India Operations

With Nissan completing 10 successful years in India we had a lot of questions for Nissan India’s recently appointed President Guillaume Sicard. We asked him about the progress of the Datsun brand in the country, the...

Shiroki Corp Japan acquires majority stake in Technico JV

Shiroki Corporation (an affiliate of Toyota Motor Corp), one of the leading global players for interior and exterior components for automobiles, has taken a 51pc equity stake in a new joint venture company with Tech...

Hero MotoCorp, Magnet Marelli JV new centre

HMC-MM Auto Ltd., the joint venture company formed between Hero MotoCorp Ltd. (HMCL) and Milan (Italy)-headquartered Magneti Marelli (MM), has inaugurated its first autonomous ‘Production and Development Centre’ at ...

Federal-Mogul Powertrain, Anand Group India form 2 JVs

Anand India and Federal-Mogul Powertrain, a division of Federal-Mogul Holdings Corporation have announced that they have entered into an agreement to convert the Sealing and Piston Ring businesses of Anand into join...

EXCLUSIVE: E-vehicles finally get Govt. nod for subsidy, says Gill

The Finance Ministry, Government of India, has approved an interim National Electric Mobility Mission Plan (NEMMP) 2020 which would set aside Rs 1000 crore towards supporting the electric vehicle industry in the cou...

Spyker bankruptcy declared null and void

Netherlands based Spyker N.V., together with its wholly owned subsidiary Spyker Automobielen B.V. (collectively "Spyker" or the "Company"), on January 29, 2015 won an appeal filed on December 29, 2014 with the Appea...

TRW highlights expansion of electronics group at CES 2015

TRW Automotive Holdings Corporation will be highlighting the expansion of its electronics group – and in particular the growth of its dedicated Automated Vehicle team at the International CES 2015.

New safety standards for Indian cars mandatory by 2020, says Govt

The Indian government is taking steps towards harmonisation of national regulations of safety standards for passenger cars with UN-ECE regulations. The Ministry of Road Transport & Highways has formed a dedicated pa...

Mahindra’s Saab buy part of much bigger strategy

With unconfirmed reports suggesting that Mahindra & Mahindra (M&M) is planning to acquire Sweden based car maker Saab, it is almost confirmed that it has more to do with Anand Mahindra’s dream to become a world lead...

Government plans crash test norms for cars

Minister of State for Road Transport and Highways Pon. Radhakrishnan informed the Rajya Sabha on December 1, 2014 during the winter session of Parliament that the Government is planning to mandate the offset frontal...

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...

Interview with N. Raja, Senior Vice President & Director, Marketing & Sales Division, Toyota Kirloskar Motor Private Ltd.

Interview with N. Raja, Senior Vice President & Director, Marketing & Sales Division, Toyota Kirloskar Motor Private Ltd.

Johnson Controls , SAIC company form JV

Johnson Controls the and Yanfeng Automotive Trim Systems Co., Ltd., a wholly owned subsidiary of Huayu Automotive Systems Co., Ltd. (HASCO), the component group of Shanghai Automotive Industry Corporation (SAIC), ha...

Modi wins; Auto industry expectations are high

The Bharatiya Janata Party (BJP) has won 283 seats in the Lok Sabha. The Congress party, till recently the ruling party at the Centre came a very distant second with a mere 43 seats. With Narender Modi soon to take ...

New Ford Technical Support Centre in US

Ford has announced the opening of its new Ford Technical Support Centre in Concord, N.C. The centre will add an array of tools to develop future performance vehicles and help increase Ford’s overall success in motor...

Karnataka govt issues order on Toyota crisis

The ongoing tussle between the management and workers of Toyota Kirloskar Motor Ltd (TKML) finally saw the government of Karnataka intervening in the matter. The government has apparently issued an order asking the ...

Rajiv Bajaj says Union demands “entirely insane”

In a strongly worded message issued to the media on April 17, 2014 against his company’s union, Rajiv Bajaj, Managing Director of Bajaj Auto Ltd has said the demands of the union are “entirely insane”. The union is...

Indian customers retain factory fitted tyre brand

In India factory fitted tyres generate an element of trust and satisfaction among customers. And when the time comes for the vehicle owners to replace their tyres, a majority prefer to repurchase the same brand of t...

Toyota Kirloskar lifts lockout in Bidadi plant

Exactly five days after declaring a lockout at its two plants in Bidadi in the outskirts of Bengaluru in Karnataka, Toyota Kirloskar Motor Ltd has lifted the lockout late March 20, 2014. The two plants produce more ...

Cooper Tires-Apollo Tyres spat evident

A spat between India based Apollo Tyres and US based Cooper Tires is quite evident now. Apollo Tyres

Interview with Subu Nagasubramony, Managing Director, Visteon India Operations

Every year the quality level steps up a notch in every program. For us it is not much of a challenge because being a global player we have already designed to those levels. Even if sometimes an OEM does not ask for ...

Visteon showcases future automotive technology

Visteon Corporation is bringing its vision of mobility for the year 2020 to India. The company is sh

Interview with Dinesh Tyagi, Director, International Centre for Automotive Technology (iCAT)

In the next five years, we should be looking at revenue of close to 150 crore. By that time, we will be able to ramp up our headcount to over 400. Within a distance of 7km from iCAT, we will be establishing another...

Interview with Sameer Malhotra, CEO of Shriram Automall India Ltd. (SAMIL)

Interview with Sameer Malhotra, CEO of Shriram Automall India Ltd. (SAMIL)

Interview with Vinnie Mehta, Executive Director, Automotive Component Manufacturers Association of India (ACMA)

Interview with Vinnie Mehta, Executive Director, Automotive Component Manufacturers Association of India (ACMA)

CEAT Ltd. and AK Khan & Company Ltd. in JV

CEAT Ltd, an RPG Enterprise company and one of India’s leading tyre manufacturers and A K Khan & Com

Chrysler’s Jeep brand in India by 2013

Finally Indian consumers can get to drive a Jeep Grand Cherokee and a Wrangler by the end of 2013. F

Interview with Shiv Inder Singh, Managing Director, Firefox Bikes

The word ‘high-end’ in India is a bit misleading. In India, anything over 10,000 is considered a high-end product. And will this segment keep on increasing? Absolutely, there is no way it can’t because the kids are ...

Renault-Nissan gets majority stake in Avtovaz

The Renault-Nissan Alliance and state corporation Russian Technologies have agreed to create a joint

Apollo launches Aspire 4G at the 82nd Geneva show

After the success of its winter and summer passenger vehicle tyres in the European market, Apollo Ty

Apollo Fleet of the Year Awards

At the recently instituted Apollo Fleet of the Year awards ceremony, Satish Sharma, Chief, India Ope

The birth of the eMO

The birth of the eMO

Jan 16 2012

In the summer of 2010, in anticipation of launching the Vehicle Programs and Development group, Tata

Tata Hispano unveils its hybrid CNG-electric bus

Tata Hispano unveils its hybrid CNG-electric bus

Pawan Goenka appointed chairman of Ssangyong Motor

Pawan Goenka appointed chairman of Ssangyong Motor Company

Mahindra completes acquisition of Ssangyong

Mahindra completes acquisition of Ssangyong

Auto aftermarket in India valued at Rs 33000 crore

Auto aftermarket in India valued at Rs 33000 crore

Ssangyong Motors granted final approval

Ssangyong Motors granted final approval

All-new Jaguar line up leads to 2010 sales success

Jaguar's sales for the year were equal to that of 2009

Interview with Niraj Hans, Managing Director, Fiat Partecipazioni India Pvt. Ltd.

On the operations front we are an independent company. Having said that, our synergies exist with other Fiat companies. We keep on discussing our strategies with regards to a particular supplier.

Dana breaks ground on US$ 20 million tech centre

Dana Holding Corporation formally broke ground for a US$20 million ( Rs. 90 crore) tech centre

Mercedes-Benz SA gets R2-billion investment

Mercedes-Benz South Africa gets R2-billion investment

Kalyani Hayes Lemmerz new steel wheel rim plant

Kalyani Hayes Lemmerz Limited opened its new passenger car wheel plant in Chakan

New Holland’s 150,000th tractor in India

NEW DELHI: New Holland Fiat (India) Pvt. Ltd., a majority owned subsidiary of CNH Global (Case New H

Maruti Suzuki to establish new plant at Manesar

NEW DELHI: India’s leading car maker Maruti Suzuki India Limited (MSIL) held its 29th Annual General

Mahindras finally get cosy with SsangYong

MUMBAI: For the Mahindras, it’s yet another feather in its cap. Going the Tata way of acquiring auto




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