The Maruti Suzuki Board approved termination of the contract manufacturing agreement and exercising the option to acquire the shares of Suzuki Motor Gujarat Pvt Ltd (SMG) from Suzuki Motor Corporation (SMC) subject ...
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...
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...
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...
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...
Mahindra First Choice Wheels Ltd. (MFCWL), a leading multi-brand used vehicle company, has signed a definitive agreement to raise $15 million (Rs. 94 crore approx.) from San Francisco based investment advisor firm, ...
Investcorp, a leading global provider and manager of alternative investment products, announced that it has reached an agreement with Lino Dainese, to acquire the specialist Italian retailer Dainese at an enterprise...
Ferrari S.p.A., makers of the iconic Ferrari cars, is being spun off as a separate company by Fiat Chrysler Automobiles (FCA) and will in all probability be listed in the United States as well as a European stock ex...
Shiroki Corporation of Japan and Technico India Pvt Ltd have formed a new joint venture company Shiroki Technico India Private Limited. Shiroki will have a 51pc stake in the new JV while Technico will have the remai...
Mahindra Logistics of Mahindra Group has received an investment of Rs 200 crore for a significant minority stake from Kedaara Capital, according to a media release from the company. This is the venture capitalists’ ...
Though not required by law, the Board of Directors of Maruti Suzuki India Limited (MSIL) in a meeting held on March 15, 2014 has decided to seek minority shareholders’ approval as stipulated in Section 188 of the Co...
The Board of Directors of Fiat S.p.A. approved a corporate reorganisation and the formation of Fiat Chrysler Automobiles (FCA) as a fully-integrated global automaker. Following Fiat’s acquisition of the minority equ...
Maruti Suzuki’s plans to acquire land and do business in Gujarat has taken a slight twist with the board deciding that the expansion in Modi-land will be done by a 100pc subsidiary of Suzuki Motor Corporation of Jap...
Our marketing strategy will always be about what the consumer needs. If you look at the Evalia, we have taken a very different approach. We have not looked at a family. We have looked at a unit. It’s not about a hus...
Hero MotoCorp Ltd., formerly known as Hero Honda, has launched its new name and logo at the O2 Arena
A two-stage side airbag from ZF Lifetec uses the milliseconds before an unavoidable crash to build up valuable distance and better protect the occupants.
Vitesco Technologies, a leading international manufacturer of advanced drive technologies and electrification solutions, presented the new Rotor Lock Actuator at the SIA Powertrain in Lille (France) f...
Apollo Tyres Ltd, has expanded Vredestein’s range for premium and luxury SUVs. Vredestein Pinza HT (highway terrain), a global product, has been introduced for the premium SUVs in India in 16 – 18 inc...